Finance & business

Currently, there are more than 1300 vacancies advertised in resources, mining and energy across Queensland with more vacancies on the horizon.

Joint venture partners BHP and Mitsubishi Development Pty Ltd have confirmed completion of the sale of the Gregory Crinum Mine in central Queensland to Sojitz Corporation for AUS$100 million.

The company has announced an extension of its revolving credit facilities to US$9.775 billion.

Queensland Resources Council has secured assurance on its bauxite royalties but is concerned on legal challenge block.

The Minerals Council of Australia has welcomed the latest revenue forecasts by the Department of Industry, Innovation and Science which highlights the continued importance of Australia’s mineral and energy commodity exports.

Ferro-Alloy Resources Limited, the Guernsey vanadium mining and mineral processing company with operations based in Southern Kazakhstan, has announced that its entire issued ordinary share capital will commence trading.

Hard-Line announces Bingham Equipment Company as a new distributor.

Lynas Corporation has decided it will not engage with the terms outlined in Wesfarmers’ indicative and highly conditional proposal.

Bloomberg has reported that the price of palladium has reached a new high amid a global shortage.

McEwen Mining Inc., has announced that it has entered into definitive agreements with an institutional investor.

R$2 950 000 000 of Vale’s funds were frozen on 25 March, which ensures the reimbursements to cover any potential property or non-property losses incurred by the people affected by removal that occurred or that may occur in relation to Sul Superior dam disaster.

Wesfarmers has made a conditional, non-binding proposal to the Board of Lynas Corporation to acquire the company.

BHP has appointed two new independent Non-Executive Directors to the Board.

Arc Exploration Ltd is to expand into the copper industry with its planned acquisition of the Cue Copper Project.

On Thursday 21 March, ALROSA’s supervisory Board approved 15 nominees to join its Board.