Covid-19 is threatening Australia's mining and petroleum services industry, potentially limiting the ability of the resources and energy sectors to quickly rebound by creating skills shortages and reducing the availability of key equipment and services.
News ID: 9268 Publish Date : 2020/04/29
UK-Australian mining firm Rio Tinto has added a clause to its bunker supply contracts to ensure vessels it hires are not using fuel supplied by troubled Singapore-based trading firm Hin Leong.
News ID: 9237 Publish Date : 2020/04/27
Brazilian mining firm Vale has withdrawn its 2020 coking coal production guidance of 8mn-10mn t from its Moatize mine in Mozambique because of operational uncertainties caused by the Covid-19 pandemic.
News ID: 9193 Publish Date : 2020/04/20
Atotal of 2,547 projects worth 116.17 trillion rials ($720 million) were implemented in Iran’s industrial parks and estates in the last fiscal year that ended on March 19, 2020, according to Deputy Minister of Industries, Mining and Trade Mohsen Salehinia.
News ID: 9165 Publish Date : 2020/04/14
A total of 1,185 production units in Iran’s industrial parks and estates were revived in the last Iranian year that ended on March 19, according to Asghar Masaheb, the deputy head of Iran Small Industries and Industrial Parks Organization.
News ID: 9084 Publish Date : 2020/04/07
The Queensland Treasury has reportedly informed Metro Mining Limited that the State Government has decided to not exercise veto right regarding the Metro's Bauxite Hills Mine Expansion proposal.
News ID: 9079 Publish Date : 2020/04/08
State-controlled mining firm Coal India's (CIL) ambitious output growth plans face a review after recording its first fiscal year-on-year drop in output in around 20 years, with the demand outlook equally clouded because of the impact of the coronavirus pandemic.
News ID: 9028 Publish Date : 2020/04/02
The Australian mining and metal company Australian Bauxite has started to increase its production to support fertilizer production in Tasmania.
News ID: 9016 Publish Date : 2020/04/01
A number of Indonesian coal mining firms are considering cutting production amid expectations that Asia-Pacific demand will be heavily affected by the coronavirus pandemic.
News ID: 9011 Publish Date : 2020/04/01
Odisha govt had invited bids for grant of Guali iron ore mining lease having EC of 5.7 MnT pa. Due date for submission of the technical bid was 20 Feb'20 following which opening of technical bids is scheduled today and conduct of ascending forward electronic auction and submission of Final Price Offer is scheduled on 17-18 Mar'20.
News ID: 9002 Publish Date : 2020/02/21
Indonesian coal producer Bayan Resources is to halt production at two of its mining subsidiaries until 30 April as a precautionary measure amid the global coronavirus pandemic.
News ID: 8966 Publish Date : 2020/03/30
Australia's ports and the mining firms that use them have called on the federal government to ensure that they continue operating through the coronavirus pandemic, by declaring the ports as essential industries.
News ID: 8867 Publish Date : 2020/03/25
Chilean state-run mining company Codelco has reduced operations in response to government coronavirus measures.
News ID: 8777 Publish Date : 2020/03/19
Kuzbass-based coal mining firm Meltek targets an increase in output to 4.8mn t this year, up by 500,000t compared with 2019, on stronger output of high-margin coal grades, the company says. Most of the firm's production this year — 94pc, or 4.3mn t — is expected to be sent overseas, with the remainder sold domestically.
News ID: 8536 Publish Date : 2020/03/02
Coal production by India's state-controlled mining firm Coal India (CIL) is facing a first year-on-year decline in its fiscal year output in around two decades, despite the firm posting a steep recovery in production since December 2019.
News ID: 8532 Publish Date : 2020/03/02
UK-Australian mining firm Rio Tinto expects a challenging next six months as it battles supply chain disruptions from the coronavirus outbreak that could delay major projects, an inflationary cost environment and the aftermath of Cyclone Damien that hit Western Australia earlier this month.
News ID: 8503 Publish Date : 2020/02/26
India's coal ministry will seek approval soon from the country's federal cabinet to launch the first auction of coal blocks for commercial mining , with the aim of issuing tender documents in the 2019-2020 fiscal year ending on 31 March.
News ID: 8499 Publish Date : 2020/02/26
Iran has exported 8,500,000 tons of mineral products worth more than $1.4 billion to Iraq, Turkey and Afghanistan in an 8-month period.
News ID: 8489 Publish Date : 2020/02/26
Glasgow-based start-up Hypervine announced Monday the start of a project co-funded by the European Space Agency (ESA) to develop services using space-based data to improve efficiencies for extractive industries.
News ID: 8459 Publish Date : 2020/02/18
CIMIC Group subsidiary UGL has reportedly bagged contracts worth A$180 million to provide services for maintenance, shutdowns, and sustaining capital projects to its mining clients in Western Australia.
News ID: 8335 Publish Date : 2020/01/24