Australian miner South32 said it will halt some of its operations at the Appin coal mine in New South Wales during a week-long strike by underground mining supervisors, reported ABC News. Full story.
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South32 completes interest acquisition in Sierra Gorda
Australia-based and globally focused South32 said 22 February that it has completed its 45% interest acquisition in the Sierra Gorda copper operation in northern Chile from Sumitomo. The final price tag was US$1.4 billion cash plus a contingent price-linked consideration component that will be up to $500 million. It will be due when copper production rated in 2022-2025 meet certain…
Read MoreAustralian mine sends workers into isolation amid COVID outbreak
Seventeen workers at the South32 Appin Colliery in New South Wales, west of Sydney, have contracted COVID-19, sending the underground miners into a quarantine.
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