Yindjibarndi to buy $1.1b Pilbara desalination plant

850 jobs on the line as Yandi scales back BHP (ASX: BHP) will be winding down operations at its Yandi iron ore mine in the Pilbara region of WA as the ore body nears depletion. The company has begun informing its workforce, about 650 direct employees and 200 contractors, that operations will be scaled back over the next year before ceasing altogether. BHP first proposed scaling down operations at Yandi in 2017 but strong demand for iron ore led to multiple life-of-mine extensions. The Western Mineworkers' Alliance (WMWA), representing more than 100 members at Yandi, says the announcement comes as...

A contractor working at Agnico Eagle’s Fosterville gold mine in Victoria has died following an underground incident on December 5. An investigation is being conducted in cooperation with local authorities to determine the cause of the incident. Agnico Eagle is working with the contractor to ensure support and assistance is provided to the individual’s family during this difficult time. 

China’s energy industries thrive under pressure Edith Cowan University (ECU) has found that China’s stringent environmental regulations could potentially be enhancing productivity in the new energy sector.  A report released in collaboration between ECU and Harbin University of Science and Technology, Environmental regulation and firm productivity: evidence from China’s new energy industry, investigated the new energy industry, a strategic industry for China, and the mechanisms through which environmental policies could affect productivity at a firm level.  According to the report, China has seen unprecedented economic development since the launch...

Ausenco has been awarded the EPCM contract for Rex Minerals Hillside project in South Australia, about 150 km west of Adelaide.