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BMA Australia

Coal price hits $648 a tonne due to energy crisis

One fossil fuel’s value jumped significantly due to escalating tension in Europe. Newcastle coal futures recently soared to US$440 (A$648) a tonne, representing more than a 100 per cent...

BMA Australia

Demand for coal tipped to skyrocket due to Russia ban

International sanctions on at least one Russian fossil fuel is predicted to start a new Australian mining boom. A prohibition on coal imports from Russia recently took effect, removing up to 187...

Lundin mine sinkhole

Authority will sanction mining giant for sinkhole

A multinational mineral producer could pay the ultimate price for failing to prevent a cavity near one of its major mining operations. Lundin Mining could be indefinitely banned from Chile after a 36...

Glencore coal

Aussie coal ban rumoured to end soon

Speculation is growing that one of the world’s largest economies is preparing to welcome back Australian commodities. Market observers are spreading rumours that mainland China’s economy...

Rio Tinto reviews arrangements with Rusal

Following the announcement by the United States Treasury Department on 6 April, 2018, that it was implementing sanctions on various Russian individuals and companies, Rio Tinto has reviewed...