Mar 21, 2018 Last Updated 10:48 AM, Mar 21, 2018

New Entry From the Editor :

Glencore acquires $1.7 billion Hail Creek coal mine as rivals exit the industry

Glencore acquires $1.7 billion…

AusBN - Glencore will purchase Rio Tinto’s Hail Creek coal mine in Qu...

TPG Telecom H1 profit dips 11% to under $200 million

TPG Telecom H1 profit dips 11%…

AusBN - Telecommunications firm TPG Telecom has posted a first-half net pro...

Australian junior Raiden Resources strikes momentous deal with Rio Tinto

Australian junior Raiden Resou…

AusBN - Raiden Resources (ASX:RDN) will enter a joint venture with Rio Tint...

Grange Resources warns of job losses

Iron ore quarry with heavy trucksAusBN – Australian iron ore miner Grange Resources has warned that it may have to make redundancies in order to keep afloat amid low iron ore prices.

The company’s Savage River mine in northwest Tasmania directly employs between 550-600 Tasmanians.

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Anglo to sell Dartbrook coal mine

CoalandhelmetAusBN - Anglo American (LSE: AAL; JSE: AGL) has agreed to sell its 83.33% interest in the Dartbrook coal mine in the Hunter Valley, New South Wales, to Australian Pacific Coal (ASX: AQC) for A$50 million.

The transaction is expected to close in mid-2016.

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