A diversified company is enjoying benefits of rising commodity prices. New Hope Corporation recently reported a five-fold increase in earnings due to the coal mining boom. The proponent recorded $645...
Category - Company Announcements
A multinational resources company promoted a female energy leader as its new national head of business. BHP recently elevated Geraldine Slattery as its next Australia president responsible for the...
Multiple coal operations have changed hands in Central Queensland’s Isaac region. Stanmore Resources recently seized control of an 80 per cent stake in BHP Mitsui Coal (BMC) for at least US$1...
A multinational mining company is prepared to pay big money to seize control of a “modern” competitor. BHP recently made an $8.3 billion takeover offer for OZ Minerals. The proposed deal...
A resources producer attracted major funding for its flagship coal operation. New Hope Corporation (NHC) recently purchased a 15 per cent stake in Malabar Resources. The deal involved NHC acquiring...
A multinational resources company exited its shareholding in an Asia-backed business. Glencore recently sold a minority stake in Yancoal Australia for $422 million. “Glencore can confirm it has...
A diversified company approved a major takeover bid from a direct competitor. MACA’s board of directors recently recommended a $350.2 million acquisition offer from rival Thiess...
Rising expenses and debt forced a mineral producer into insolvency. Wiluna Mining Corporation recently appointed FTI Consulting senior managing directors Michael Ryan, Kathryn Warwick, Daniel...
A foreign-backed mining services company will meet its financial obligations to former employees. One of WBHO Australia’s failed subsidiaries recently agreed to pay full entitlements owed to...
Two coal operations could reopen after a mining company raised enough money to complete their purchase in Central Queensland’s Isaac region. Bowen Coking Coal (BCC) successfully secured about...
A multinational resources producer will not exit one of its coal businesses after all. BHP confirmed it recently cancelled the sale of New South Wales Energy Coal (NSWEC) because no buyer made a...
A multinational resources giant divested multiple coal operations in Central Queensland’s Isaac region. BHP recently sold its 80 per cent stake in BHP Mitsui Coal (BMC) to part of Stanmore...
