Finance & business

There is increasing demand for coal from end-user industries in Southeast Asia, Africa, Russia, and Turkey.

Teck Resources reports the closing of an acquisition by Sumitomo Metal Mining Co. amd Sumitomo Corp. of a 30% indirect interest in Compañia Minera Teck Quebrada Blanca S.A.

The agreement will allow both companies to share geological information on their respective projects in the Carmacks Copper District of Canada’s Yukon Territory.

Fortescue Metals Group has awarded a Major Component Overhaul and Replacement Services contract to three Port Hedland-based contractors, which will create 17 full time, local jobs.

ArcWest Exploration Inc. has closed its acquisition of the Sparrowhawk property in British Columbia.

Pure Gold Mining Inc. announces its intention to list on the main market of the London Stock Exchange and has appointed Tavistock Communications Ltd to provide the company with financial public relations and investor relations services.

AngloGold Ashanti announces the issuing of its portfolio of annual 2018 reports and announces a change to its Board of Directors.

As a major resources and energy exporter and a large country with a relatively small population, Australia needs a climate change policy that recognises the high relative emissions intensity of the country’s economy, say MCA.

The Federal Government’s critical minerals strategy demonstrates the job and investment benefits delivered by Australia’s minerals industry.

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.