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BHP’s Mt Arthur open cut mine, in the Hunter Valley region of New South Wales, supplies thermal coal used as fuel for power plants, to domestic and international customers. Prices have tumbled this...
2020-06-24 Activist investor Elliott, which holds a 4.7% stake in the mining company, has pushed for the sale of BHP's thermal coal assets, which include one third of the Cerrejon mine in Colombia.
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BHP puts coal prospecting rights up for sale in SA BHP Billiton Energy Coal South Africa (BECSA) will divest some of its currently undeveloped coal prospecting rights to focus on demands within its...
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2020-06-24 LONDON/MELBOURNE — The world’s largest mining company BHP Group has hired Macquarie Bank and JP Morgan to sell its Australian thermal coal mine, three sources said, as miners face increasing pressure to reduce their exposure to fossil fuels.
2020-06-24 LONDON/MELBOURNE, June 24 (Reuters) – The world’s largest mining company BHP Group has hired Macquarie Bank and JP Morgan to sell its Australian thermal coal mine, three sources said, as miners face increasing pressure to reduce their exposure to fossil fuels.
2020-06-24 BHP puts Australian thermal coal mine up for sale: sources. BHP's Mt Arthur open cut mine, in the Hunter Valley region of New South Wales, supplies thermal coal used as fuel for power plants, to domestic and international customers. Prices have tumbled this year, slashing BHP's likely sale price to less than $1 billion. Reuters; June 24, 2020 ...
LONDON/MELBOURNE, June 24 (Reuters) - The world's largest mining company BHP Group BHP.AX BHPB.L has hired Macquarie Bank and JP Morgan to sell its Australian thermal coal mine
2019-11-06 The miner, which spun out of BHP in 2015, has been trying to sell its South African thermal coal operations for more than a year South32, which spun out of BHP
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[ miningmx] — Johannesburg – BHP BILLITON PLC BHP Billiton’s South African coal unit plans to divest some of its virgin coal prospecting rights to focus on existing operations where close to $1.5bn was recently invested, the company said on Tuesday.
Once the sale is completed, South32 will be all done with thermal coal. Like South 32, BHP has faced a strategic choice: milk their thermal coal mines for cash for as long as possible and endure ...
2020-06-24 LONDON/MELBOURNE, June 24 (Reuters) – The world’s largest mining company BHP Group has hired Macquarie Bank and JP Morgan to sell its Australian thermal coal mine, three sources said, as miners face increasing pressure to reduce their exposure to fossil fuels.
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Bhp Puts Coal Prospecting Rights Up For Sale In Sa. In particular arrow achieved its first revenue through the sale of the first coal seam gas csg from the surat basin and prepared for subsequent projects by securing funding of 143 m from three different sources with
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South32, the company spun off by BHP Billiton in 2015, has decided thermal coal is so threatened by renewables and unloved by investors it plans to offload its four South African coal mines. Once the sale is completed, South32 will be all done with thermal coal.
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2014-05-14 BHP Billiton Ltd., the world’s biggest mining company, is holding talks for the sale of all or part of its Australian nickel unit as prices rose to two-year highs.
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BHP was founded in 1885 in the mining town of Broken Hill in New South Wales.By 2017, BHP was the world's largest mining company, based on market capitalisation, and was Melbourne's third-largest company by revenue. BHP Billiton was formed in 2001 through the merger of the Australian Broken Hill Proprietary Company Limited (BHP) and the Anglo–Dutch Billiton plc, forming a dual-listed company.
* Sees low-cost supply capping iron ore, coal prices
2020-06-24 Muswellbrook mayor Martin Rush has called on the NSW Government to put BHP Billiton’s right to operate the Mount Arthur coal mine on the line after slamming the company’s latest $15,000 fine for environmental pollution. “BHP Billiton has a deplorable record of environmental offending and the time must come where the state government finds that it is not a fit and proper ...
2011-12-08 BHP’s diamond division in Canada tops the list of operations likely to be put up for sale following the firm’s announcement on November 30 it was reviewing its interests in the Ekati diamond mine and the Chidliak exploration projects in Canada. BHP is spending billions of dollars to dig more iron ore and coal in Australia, drill for shale gas in the United States and build a world-class ...
2011-02-18 BHP Billiton Energy Coal South Africa is putting up some of its undeveloped coal assets for sale, and has invited tenders from parties interested in the assets.
Commodities trading giant Glencore and South African partner Cyril Ramaphosa are interested in buying miner Optimum Coal Holdings and are preparing a formal announcement, sources close to the deal ...
NEW DELHI: BHP Billiton has invited initial bids for the undeveloped coal prospecting rights of its wholly owned unit in South Africa, a newspaper advertisement from the Anglo-Australian mining ...
2011-12-08 BHP’s diamond division in Canada tops the list of operations likely to be put up for sale following the firm’s announcement on November 30 it was reviewing its interests in the Ekati diamond mine and the Chidliak exploration projects in Canada. BHP is spending billions of dollars to dig more iron ore and coal in Australia, drill for shale gas in the United States and build a world-class ...
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2019-07-11 BHP Group is moving ahead with plans to exit thermal coal, according to people familiar with the matter, the latest move by the world’s biggest miners to retreat from the dirtiest fuel.
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2020-06-29 A couple of days ago, BHP put its last Australian thermal coal mine up for sale. The company in 2019 committed to progressively reduce its exposure to thermal coal mining.
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2019-08-20 Seriti Resources, a South African mining company, won a bid to acquire South32 Ltd.’s thermal-coal assets in the country, according to two people familiar with the process.
BHP puts Australian thermal coal mine up for sale: sources . The world's largest mining company BHP Group has hired Macquarie Bank and JP Morgan to sell its Australian thermal coal mine, three ...
2020-05-11 The commercial mining auctions could see in all 15 large coal blocks with annual production potential of 5-10 million tonnes being put up for bidding in phases. The reserves in five of these mines...
The commercial mining auctions could see in all 15 large coal blocks with annual production potential of 5-10 million tonnes being put up for bidding in phases. The reserves in five of these mines...
2020-05-10 The commercial mining auctions could see in all 15 large coal blocks with annual production potential of 5-10 million tonnes being put up for bidding in phases. The reserves in five of these mines could be in excess of 500 million tonnes. These could fetch anywhere between Rs 5,000 and 6,000 crore to the state government.
2016-07-12 Selling the South African domestic coal mines, which was part of Cutifani’s original restructuring plan cooked up in 2014, remains an uncertain process owing to the fact that Eskom, the power utility in South Africa, has been vocal on its own rights to the mines.
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2011-12-08 BHP’s diamond division in Canada tops the list of operations likely to be put up for sale following the firm’s announcement on November 30 it was reviewing its interests in the Ekati diamond mine and the Chidliak exploration projects in Canada. BHP is spending billions of dollars to dig more iron ore and coal in Australia, drill for shale gas in the United States and build a world-class ...
2020-05-13 The coal mining sector in India seems to have finally taken the last step towards its de-nationalisation after more than 40 years. The Mineral Laws (Amendment) Act, 2020 (Amendment) promulgated as an ordinance in January 2020 has recently been passed by the Parliament.The Amendment seeks to allow greater private participation in the coal mining sector.
BHP puts Australian thermal coal mine up for sale: sources. The world's largest mining company BHP Group has hired Macquarie Bank and JP Morgan to sell its Australian thermal coal mine, three ...
2020-05-14 AGL hit for mining, burning coal. AGL joined the list for owning the Loy Yang coal mine in Victoria and the Liddell power station in NSW. German power utility RWE is also on the list of companies that have been blacklisted. BHP (ASX: BHP) has been put the “observation list”, a type of probation, which means it is at risk of divestment. BHP ...
The commercial mining auctions could see in all 15 large coal blocks with annual production potential of 5-10 million tonnes being put up for bidding in phases. The reserves in five of these mines...
London — BHP Group is moving ahead with plans to exit thermal coal, according to people familiar with the matter, the latest move by the world’s biggest miners to retreat from the dirtiest fuel.
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2019-05-22 The world’s biggest miner earlier this month said it had decided to hold on to its Nickel West operations in the state of Western Australia, which it had previously put up for sale.
(Corrects headline, paragraph 1 to make clear assets will be spun off not sold within six months)
BHP, Rio, and junior iron ore miner Fortescue Metals Group (ASX: FMG) will be cheering a surge in the iron ore price overnight to more than US$140 a tonne. Whether the price will stay at these ...
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Coal Minerals Council South Africa. Coal mining’s advent in South Africa can best be traced to the start of gold mining in the late 19 th century, particularly on the Witwatersrand, with the first coal in appreciable tonnages being extracted on the Highveld coal field close to the nascent Witwatersrand gold mines. However, demand began to grow, slowly at first but then . List of coal mines ...