Commodities
South Australia's grain harvest falls
(Posted on 03/12/18)Primary Industries and Regions SA (PIRSA)'s Crop and Pasture Report for Spring Crop Performance haws outlined the health of crops and pastures across the state of South Australia is quite varied with several districts in the state experiencing drought.Despite the below average harvest, the farmgate value of the state's crop is estimated...
BHP copper exploration update
(Posted on 03/12/18)Melbourne, Australia based BHP has confirmed identification of a potential new iron oxide, copper, gold (IOCG) mineralised system, located 65 kilometres to the south east of BHP’s operations at Olympic Dam in South Australia.As part of BHP’s ongoing copper exploration program, four diamond drill holes, totalling 5346...
Rio Tinto iron ore investment
(Posted on 03/12/18)Rio Tinto is to develop its most technologically advanced mine following the full approval of a $2.6 billion1 (A$3.5 billion) investment in the Koodaideri iron ore mine in Western Australia.Koodaideri will deliver a new production hub for Rio Tinto’s world-class iron ore business in the Pilbara, incorporating a processing...
Australian woodchip exports soar
(Posted on 27/11/18)Assistant Minister for Agriculture and Water Resources, Senator Richard Colbeck, welcomed the continued growth in the forestry sector as outlined in the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) report.Minister Colbeck said the forestry sector was experiencing a strong surge in confidence and...
Rio Tinto agrees Rössing stake sale
(Posted on 27/11/18)Rio Tinto has entered into a binding agreement with China National Uranium Corporation Limited ("CNUC") for the sale of its entire 68.62 per cent stake in Rössing Uranium Limited ("Rössing"), owners of the Rössing mine in Namibia, for up to $106.5 million.The total consideration comprises an initial cash payment of...
New carbon capture report
(Posted on 15/11/18)The World Coal Association (WCA) has launched a new report calling for a step-change in international action to advance carbon capture, use and storage (CCUS) technologies.The World Coal Association is the only body acting internationally on behalf of coal, with a mission to demonstrate and gain acceptance for the fundamental role...
