BHP said it will temporarily suspend its Western Australian nickel operations as it has not “been able to overcome the substantial economic challenges driven by a global oversupply of nickel.” The miner said the suspension will begin in October and last at least until February 2027. “We understand this is a challenging period for the Western Australia Nickel team and…
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Western Australian miner Mineral Resources (MinRes) has become the first resource company in the Australian state to send out a team of mental health counsellors to its mine sites. In a model it hopes will set the tone for others in WA, MinRes said the move will offer services to all of its employees, including the 7,500 it has working…
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Glencore has abandoned plans to sell its 70% interest in Kazakhstan-based miner Kazzinc after potential buyers failed to match its valuation, reported Bloomberg. Sources familiar with the situation told the media outlet that Glencore has sent a termination letter to the unnamed bidders. Headquartered in Oskemen, Kazzinc is Kazakhstan’s largest producer of zinc, lead and precious metals. The company has…
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India’s Ministry of Coal recently held a stakeholders’ consultation on draft mining plan guidelines for coal and lignite blocks on 1 July. The guidelines aim to foster a more sustainable and ethical approach to coal mining. Twenty-five coal and lignite mining companies participated in the event. Additional Secretary Shri M. Nagaraju highlighted the ministry’s dedication to enhancing the regulatory framework…
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Freeport Indonesia has completed the construction work on its new copper smelting plant – the world’s largest single-line smelter, it said – and has commenced commissioning of the Gresik, East Java facility. The Smelter Manyar project, with a price tag of about $3.7 billion (Rp 60 trillion), is targeting copper cathose production in the coming months as it ramps up…
Read MoreLynas Rare Earths’ Lynas Malaysia arm has confirmed it is targeting 2025 for first production of two separated heavy rare earths products, producing – for the first time – separated dysprosium (Dy) and terbium (Tb). The production will complement its existing light rare earths product range. “Dy and Tb are both essential to high performance rare earth permanent magnets used…
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Stanmore Resources had decided to start taking the necessary steps to cease operations at its Mavis underground coal project, part of the Millennium Complex, in Queensland’s Bowen Basin region. A strategic review by the miner determined that “the Mavis Underground project has proven to be uneconomic under current market conditions and coal prices, with comparatively higher costs driven among other…
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Anglo American has suspended production at its Grosvenor coal mine in Queensland, Australia, following an underground coal gas ignition incident on 29 June. The miner said all employees were safely evacuated without injury, but it is still working on safely extinguishing the fire. ABC News reported that authorities are racing to seal at least six of the mine shafts, along…
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PT Freeport Indonesia (PTFI) recently said it launched delivery of its first-ever shipment of copper concentrate to its new smelter in the Java Integrated Industrial and Port Estate (JIIPE) special economic zone (KEK) in Gresik, East Java Province. The delivery from the Amamapare Port in Mimika Regency, Central Papua Province, arrived 14 June. The new PTFI smelter began operating this…
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After completing a comprehensive viability assessment, Mineral Resources (MinRes) has decided to cease iron ore shipments from its Yilgarn hub in Western Australia by 31 December 2024. The miner said the outcome was influenced by several factors, including the limited remaining mine life across five operating mines at the hub and the significant capital cost and lead time required to…
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