R/€ = 17.8542 Change: -0.0741
R/$ = 17.0873 Change: -0.1313
Au 1782.14 $/oz Change: 13.72
Pt 1043.00 $/oz Change: 5.40


WA unlikely to be affected by Santos gas leak

By: Esmarie Iannucci     30th November 2022 The gas leak and subsequent shut-down of the John Brooks platform, offshore Western Australia, is not expected to impact gas supply to the state. Oil and gas major Santos this week announced the temporary shut-down of the platform, which is the main platform supplying the Varanus Island... 

Miners welcome progress on FIFO report

By: Esmarie Iannucci     29th November 2022 The Western Australian government on Tuesday tabled a progress report in Parliament on the Parliamentary Inquiry into the fly-in, fly-out (FIFO) mining industry, outlining the actions being taken across key areas such as primary prevention, data and research, refocused regulatory framework, and... 

WA provides funds for miner health and safety initiatives

By: Esmarie Iannucci     28th November 2022 The Western Australian government has committed A$1.2-million in funding to further strengthen its commitment to the safety of Western Australian mine workers. Mines and Petroleum Minister Bill Johnston said that the new funding packages underline the government’s commitment to eliminate... 

Think tank warns of major investment losses

By: Esmarie Iannucci     22nd November 2022 Australia stood to lose some A$100-billion in investment in the resources sector if environmental activists were successful in their bid to halt gas developments in the country, independent think tank the Institute of Public Affairs (IPA) said. “At the beginning of Australia’s Great Energy... 

WA extends potash rebate

By: Esmarie Iannucci     22nd November 2022 The Western Australian government has extended the royalty rebate scheme for the potash industry, established in the 2022-23 State Budget. The extension of the scheme will provide a non-repayable 50% rebate on royalties paid for two years to companies that make first sulphate of potash (SOP)... 

Miners contribute to WA infrastructure fund

By: Esmarie Iannucci     22nd November 2022 The Western Australian government is partnering with the resources sector in a A$750-million Resources Community Investment Initiative (RCII), which will facilitate investment in iconic state infrastructure projects and community and social initiatives across Western Australia. Established with... 

WA open to more output from Greenbushes

By: Esmarie Iannucci     21st November 2022 The Western Australian government on Monday expressed support for increased production from the Greenbushes lithium joint venture (JV) operation. Greenbushes is owned by Talison Lithium, which is a JV between US major Albemarle Corporation and JV partner Tianqi Lithium and IGO. 

Davies urges more investment as he takes a bow as Appea chair

By: Esmarie Iannucci     18th November 2022 Australian Petroleum Production and Exploration Association (Appea) outgoing chairperson Ian Davies has called for urgent investment into the oil and gas sectors, and legislative reforms. In his address to the Appea annual general meeting, Davies said that the gas shortages and rising energy... 

Richards Bay Minerals in court bid against trusts, says most of R530m didn't reach communities

By: News24Wire      18th November 2022 Richards Bay Minerals has approached the high court to impose tighter governance controls over local community development trusts to ensure that hundreds of-millions in financial benefits will reach the broader community, breaking a "pattern of abuse" of the funds and addressing a "gross lack of... 

Indonesia proposes to Canada setting up OPEC-like group for nickel

By: Reuters     16th November 2022 Indonesia has proposed in talks with Canada establishing an Opec-like organisation for nickel producing countries, the Southeast Asian nation's investment ministry said in a statement on Wednesday. Indonesia and Canada are the first and sixth biggest nickel producers in the world, respectively.... 

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