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CIMIC has increased its ownership in Thiess by 10% to 60%.

CIMIC increases Thiess ownership to 60%

CIMIC increases Thiess ownership to 60% CIMIC Group (ASX: CIM) has increased its ownership in global mining services provider Thiess to 60%. The $320m acquisition has increased CIMIC’s shareholding by 10%. CIMIC executive chairman Juan Santamaria says the increase will strengthen the company’s profile. “Increasing our ownership of Thiess strengthens CIMIC’s business profile, as it grows its commodities portfolio to include metals and minerals critical to the world’s shift to zero emissions and develops services to enable sustainable mining, reflecting the strategic importance of the energy transition to CIMIC,” he said. “Thiess is a well performing business underpinned by long-term, low-risk contract, providing an annuity-style...

The proposal values Anglo American at $59.57b.

Anglo American responds to $59b BHP offer

Anglo American responds to $59b BHP offer Anglo American has confirmed it has received an unsolicited, non-binding and highly conditional proposal from BHP (ASX: BHP). BHP confirmed that on April 16, 2024, it made a proposal to Anglo American’s board of directors comprising an all-share offer for Anglo American. Under the proposal, Anglo American shareholders would receive 0.7097 BHP shares for every Anglo share, plus ordinary shares in Anglo American Platinum and Kumba Iron Ore. The deal represents a value of $48.04 (£25.08) per Anglo American share, $9.31 (£4.86) in Anglo Platinum shares and $6.51 (£3.40) in Kumba shares, valuing Anglo American’s share capital of $59.57b (£31.1b). The proposal...

A range of underground mining sump pumps for hire at the NPE Kalgoorlie branch.

Underground Mine Dewatering Specialists

Underground Mine Dewatering Specialists National Pump & Energy (NPE) provides a full range of dewatering services to the civil, construction and mining industries. As a trusted partner in the mining industry, NPE offers reliable and innovative solutions for any dewatering projects. Underground Powerhouse NPE has been at the forefront of surface dewatering in Australia for some time and, now, they are proving to be a powerhouse in the underground dewatering space. With the ability to provide solutions tailored to their client’s needs – whether it be rental units, new pump sales, spare parts or offsite repairs – NPE are being recognised as...

A maiden exploration target has been established at the Pippingarra Quarry project.

Maiden exploration target established at Pippingarra

Maiden exploration target established at Pippingarra Industrial Minerals (ASX: IND) has established a maiden exploration target for high purity quartz (HPQ) at its Pippingarra Quarry project in WA. The exploration target is based on results from a reverse circulation (RC) drilling program completed in December 2023 which encountered white crystalline quartz over widths from 12m to 20m. In addition, there is also coarse-grained quartz crystals which form a significant part of the Pippingarra pegmatite and have been observed to comprise more than 30% quartz. Industrial Minerals managing director Jeff Sweet commented on the target. “The Pippingarra exploration target is limited to an area where...

Consent to mine has been granted for the Stansmore project in WA.

Consent to mine granted for Stansmore

Consent to mine granted for Stansmore WA Mines and Petroleum Minister Bill Johnston has granted Lycaon Resources (ASX: LYN) consent to mine at the Stansmore project in the West Arunta region of WA. This follows the recent approval by Aboriginal Affairs Minister Tony Buti granting West Arunta Resources, Lycaon’s subsidiary, permission to access Ngaanyatjarra Central Australia Reserve for the purpose of carrying out exploration activities. Recent discoveries by WA1 Resources (ASX: WA1) and Encounter Resources (ASX: ENR) demonstrated the potential for the West Arunta region to host significant rare earth element and iron oxide copper gold mineralisation. Up to 4.7% niobium pentoxide has been...

(Image source: Pembroke Resources) Staff at the opening ceremony of Olive Downs.

$1b Olive Downs coal mine officially opens

$1b Olive Downs coal mine officially opens Pembroke Resources’ $1b Olive Downs coal mine has officially opened in Queensland and a $1m fund has been unveiled. Located in the coal-rich Bowen Basin, Olive Downs includes major infrastructure including a coal handling and preparation plant, rail spur, train load-out facility, coal conveyor, stockpiles, electrical transmission lines, water pipeline and access roads. More than 700 people were employed during construction of the project and an operational workforce is expected to peak at 1000 during production. Pembroke Resources chairman and chief executive Barry Tudor says the company is thrilled to have reached this milestone. “We’re thrilled to...

(Image source: Alcoa) Alcoa automation and robotics engineer Remi Hart with two robotic dog prototypes being trialled across a range of operational areas.

Alcoa introducing paws-tively safer mining operations

Alcoa introducing paws-tively safer mining operations Robotic dogs may soon be deployed across Alcoa’s mining, refining and smelting operations to complete monotonous or dangerous jobs. Thanks to the company’s Information Technology and Automation Solutions team, two prototype robotic dogs are currently undergoing trials at Alcoa’s Huntly bauxite mine, Wagerup alumina refinery and Portland aluminium smelter. While this early testing is designed to identify accessibility and mobility requirements, the ultimate goal is to implement various degrees of automation. This ranges from remote operations through to fully autonomous AI driven technology. Alcoa automation and robotics...

The money will be provided to companies which are seeking to find ways to extract value from mine waste.

New $5m critical mineral funding program opens in Queensland

New $5m critical mineral funding program opens in Queensland The Queensland Government has opened a new funding program to help extract critical minerals and reprocessing opportunities in mine waste. The Collaborative Development Program will provide $5m in funding to companies seeking to assess and find ways to extract value from residual materials left behind after the first phase of mining and minerals processing. Finding critical minerals in mine waste serves as a crucial step towards securing the building blocks of a renewable energy future, ensuring sustainable resource efficiency and advancing the transition to cleaner energy technologies. Queensland...

Coerco critical for major clean energy and eco-friendly water management projects

Coerco critical for major clean energy and eco-friendly water management projects

Coerco critical for major clean energy and eco-friendly water management projects The Kidston Hydro Project is a clear example of how government led incentives programmes have helped to drive investment towards cleaner energy projects. The 250MW Kidston Pumped Storage Hydro Project in Queensland’s north received support from the Northern Australia Infrastructure Facility (NAIF) in aloan worth up to $610 million, in addition to a $47 million grant from the Australian Renewable Energy Arena (ARENA). The funds helped Genex Power Limited build the first pumped storage hydro project in Australia since 1984 and the first to be used solely for energy storage and generation rather than water management. A key part of the project involved the dewatering of an abandoned gold...

The Rover 1 project has received major project status from the Northern Territory Government.

Rover 1 receives major project status

Rover 1 receives major project status Castile Resources’ (ASX: CST) Rover 1 iron oxide copper gold project in the Northern Territory has received major project status from the Northern Territory Government. The project received major project status as the Northern Territory Government believes it will be a significant contributor to the Northern Territory by creating direct employment and business opportunities to service providers. Northern Territory Chief Minister Eva Lawler commented on the status. “Castile Resources’ Rover 1 project is exciting for many reasons ranging from the economic benefits to job creation and their steadfast commitment to maximising outcomes for the local community...

The WA DEMIRS is funding the creation of new PhD scholarships.

WA DEMIRS funds new PhD scholarships

WA DEMIRS funds new PhD scholarships The WA Department of Energy, Mines, Industry Regulation and Safety (DEMIRS) is funding the creation of PhD scholarships as part of the Mental Awareness, Respect and Safety (MARS) Program. Administered by the Minerals Research Institute of Western Australia (MRIWA) the scholarships are open to WA university students who are undertaking studies in any of the MARS program focus areas: Creating mentally healthy workplaces – by managing psychosocial hazards and promoting positive practices at work that support mental health and well-being Building a culture of safety and respect – with healthy, safe, gender-equitable, respectful and inclusive workplaces Preparing for workplace...