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Driverless truck

Mining giant accelerates ‘safe’ automation

A resources multinational will work with new partners to fast-track autonomous mineral production. Rio Tinto recently approved an initial $14.4 million in funding to make global operations safer and...

Simandou mine site

Major funding turns $26B mega mine into ‘reality’

A Pilbara ‘killer’ resources project will proceed after securing crucial finance. Investors recently approved $15 billion (A$22.6B) in funding agreements for the $26B Simandou mine, 526km...

Eacon driverless truck

$148M funding will triple driverless truck rollout

A foreign company raised money to deploy hundreds more autonomous heavy vehicles. EACON Mining Technology secured a further US$44.5 million (A$67.7M) in finance to roll out three times more...

Dianne project

Far North Qld mine accelerates reopening

A resources company will fast-track its mining revival in Queensland’s Cook Shire. Revolver Resources recently confirmed it would use new funding to quickly reopen its Dianne Project, 260km...

Wiluna mine

$73M mining revival announced

A struggling resources operation could reopen if everything goes to plan. Administrators recently revealed $73 million would be sufficient to restart Wiluna mine, 530km north of Kalgoorlie. Wiluna...

Dartbrook Coal Mine

$300M coal mine secures final funding for reopening

A fossil fuel revival received the last funds needed to resume production. Australian Pacific Coal (AQC) recently finalised a new three-year US$60 million (A$90M) debt facility with Vitol Asia. This...

EACON driverless truck

$83M funding secured for driverless truck expansion

An employer raised money to roll out more autonomous heavy vehicles. EACON Mining Technology recently attracted US$55.22 million (A$83.4M) of capital to deploy additional driverless trucks. Richen...

Glencore coal

Coal mine reopens after securing $220M lifeline

A foreign owned resources operation will resume work thanks to new funding. About $220 million will help restart production at Lanco Infratech’s Griffin Coal Mine. The Western Australian...

Dartbrook Coal Mine

$300M coal mine fully covers reopening cost

A mothballed fossil fuel development has enough funds to restart production. Australian Pacific Coal (AQC) recently confirmed it can fully reopen its Dartbrook Coal Project, 122km northwest of...