FIRB approves Isaac Plains sale

The Foreign Investment Review Board (FIRB) has approved ASX-listed Aquila’s A$430-million disposal of its 50% interest in the Isaac Plains coal mine, in Queensland, to Japan’s Sumitomo Corporation. Executive chairperson Tony Poli said on...

Aquila board gives Eagle Downs development the nod

The board of diversified miner Aquila on Tuesday approved the development of the $1.3-billion Eagle Downs mine. During December last year, Aquila and its joint venture partner Vale approved a resolution to develop Eagle Downs hard coking coal...

Company plans to grow its training offering on Copperbelt

Recently launched occupational health and safety consultation and training company KBC Mauritius intends to expand its presence and service offering in the Copperbelt as demand for training is fuelled by growth in the Zambian mining sector.

Queensland govt gives nod to Eagle Downs

Coal miner Aquila Resources on Friday reported that a mining lease for its Eagle Downs hard coking coal project, in Queensland, has now been granted by the state government. Aquila on Friday welcomed its joint venture partner Vale’s commitment...

Isaac Plains to produce at full capacity in September quarter – Aquila

Coal producer Aquila Resources, which is also developing iron-ore and manganese projects in Australia and South Africa, reported on Thursday that its quarterly production at the Isaac Plains mine, in Queensland, dropped by one third. The mine,...

Aquila says two more Isaac Plains coal shipments missed

ASX-listed diversified miner Aquila Resources on Wednesday warned that conditions at its Isaac Plains coal mine, in Queensland was reaching critical state, as negotiations regarding a coal sale agreement with joint-venture (JV) partner Vale...

Aquila says Vale dispute could affect Isaac Plains sales

Australia’s Aquila Resources warned on Monday that a dispute with joint-venture (JV) partner Vale could affect sales from the Isaac Plains coal mine in Queensland. The previous arrangement under which a member of the Vale group marketed coal...

ARM’s six-month profit soars 244% to R1,5bn

The headline earnings of JSE-listed diversified miner African Rainbow Minerals (ARM) increased 244% to R1 562-million in the six months to December 31, driven mainly by better dollar commodity prices. ARM, headed by executive chairperson Patrice...

Mining companies start construction of new copper mine in Zambia

Mining companies African Rainbow Minerals (Arm) and its 50:50 Konnoco Zambia joint-venture partner mining giant Vale, have started the construction of the Konkola North copper mine, in Zambia.

Aquila lifts Eagle Downs coal resource to 948Mt

Diversified miner Aquila Resources has upgraded the resource estimate at its Eagle Downs coking coal project, in Queensland, to 948-million tons. This was up from the previously estimated 894-million ton resource.

Anglo still talking to Eskom on power plant possibility – Carroll

Diversified miner Anglo American was continuing its power discussions with South Africa's State utility, Eskom, on the possibility of a power plant being built that would make use of Anglo's discard coal. Anglo Thermal Coal has large volumes of...