Uncertain future for Hume Coal’s Australia mine
If approved, Hume's mine is expected to produce 50-million tonnes of run-of-mine coal over 23 years.
If approved, Hume's mine is expected to produce 50-million tonnes of run-of-mine coal over 23 years.
The tax was first mooted in 2010 but has been postponed at least three times after mining companies, steelmakers and state-owned power utility Eskom said it would erode profit and push up electricity prices.
For the first time ever, West Virginia last year produced more natural gas, as measured by energy content, than coal.
Owner Havilah Resources said the decision secures the company's right to mine Kalkaroo.
Wesfarmers is working with Kidman towards developing a large-scale, long-life and high-grade lithium hydroxide project in Western Australia.
The iron ore market is surging, with prices last week topping the $100-per-tonne level for the first time in five years.
Two new claims were staked to cover known copper showings that are interpreted to have potential to host sedimentary-hosted copper mineralization similar to that at Transition's Janice Lake.
The company has received assay results for the final 24 holes of the winter drill program at its West Bear cobalt-nickel property.
The single highest cause of deaths in 2018 was from mobile mining equipment — the ICMM is exploring collision avoidance technology.
While iron ore prices have surged to a five-year high above $100 a tonne, not all producers of the steel-making ingredient are sharing in the bounty.