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Gold and battery metals drive 20% increase in resources projects in Australia - The number of major resources and energy projects in Australia rose by 19% to 335 over the 12 months ending October, with miners focusing on development opportunities in the lucrative gold and battery metals sectors. Australia’s Department of Industry, Science, Energy and Resources published the...NSW promises $32 billion renewables investment drive under new roadmap - The New South Wales (NSW) government has announced a new electricity infrastructure roadmap that it hopes will drive a $32 billion private investment boom in renewable energy. The state coalition said that the plan would support 12GW of renewable energy and 2GW of energy storage,...Adani Enterprises rebrands to Bravus in Latin name change blunder - Controversial Indian conglomerate Adani Enterprises has renamed itself Bravus – a Latin word that translates to ‘barbarian’ or ‘mercenary’, ‘assassin’ and ‘deformed’, language experts have confirmed. The company, which has drawn strong criticism for the development of its Carmichael coal mine in central Queensland, enacted...BP to close oil refinery in Western Australia, threatening domestic fuel supply - BP has revealed plans to stop producing fuel at its Kwinana oil refinery in Western Australia, instead converting the facility into a fuel import terminal, in response to strong competition from the Asian market. The company said it would wind down operations at Kwinana –...Jobs in Queensland’s resources sector swell by 50,000 in 2019-20 - The Queensland Resources Council (QRC) has revealed that an extra 50,000 jobs in the sector have been created in the past financial year, pushing the total employment figure in the state’s resources industry to over 420,000 people. “The overall number of jobs supported by resources...Mining magnate Forrest brings famed bootmaker R.M. Williams back into Australian hands - Australian mining billionaire Andrew ‘Twiggy’ Forrest has struck a deal to acquire iconic bootmaker R.M. Williams from a French private equity fund, bringing the brand back into Australian ownership after six years. The Fortescue Metals Group founder and major shareholder said his private company had...WA’s mining sector must plan for net zero emissions now, Deloitte report warns - The authors of a new Deloitte report on the future of Western Australia’s mining sector have warned that operators must begin planning net zero mines in 2020 or be seen as ‘ignorant at best in just a few years’. The report, launched at this week’s...New Australian gold giant born as Northern Star acquires Saracen Mineral Holdings - The boards of Northern Star Resources and Saracen Mineral Holdings have approved a A$5.76 billion shares and cash deal that will create a global top-10 gold miner by market value. The high-profile merger is set to create an Australia-based gold giant worth $16 billion, with...Australia announces $800 million package for digital business transition - Australia has created a A$800 million funding package to advance the digitisation of businesses, as part of its COVID-19 economic recovery plan. The Federal Government said it would spend $420 million coordinating Australia’s more than 30 company registers and put them online, and another $257...Encounter Resources partners with BHP at NT copper project - ASX-listed junior explorer Encounter Resources has received endorsement for its Elliott copper project in Australia’s Northern Territory from BHP, with the two companies forming a joint venture (JV). Mining giant BHP can earn up to 75% interest in the project by funding A$22 million over...
