Mining mogul Gina Rinehart retains her spot at the top of Forbes’ Aussie rich list despite falling iron ore prices knocking her wealth down by $2.5 billion to $20.6 billion. The 2019 edition of Forbes’ Australia top 50 Rich List sees property tycoon Harry Triguboff retain number two placing with a net worth of $US9 […]
Category: Mining
Strong Lithium Market Encourages Pilbara Minerals Expansion
Despite not yet reaching commercial production from stage one, and financing still progressing for the A$231 million stage two development, Pilbara Minerals boss Ken Brinsden says strong lithium demand has led the company to start planning a stage three expansion of its Pilgangoora lithium-tantalum mine to 7.5 million tonnes as early as 2021. The company is […]
BHP Spends $400m in Port Hedland Dust Management
BHP chairman, Ken Mackenzie has told shareholders that BHP had significantly improved its dust management in Port Hedland over the years and “comprehensively” monitored the dust situation in the town. Hedland real estate agent Janet Ford and Perth lawyer Michael Hain, who own two properties in the town, asked Mr Mackenzie questions surrounding dust concerns […]
Rio Tinto’s Artificial Reef Recreates Life in Western Australia
Rio Tinto’s commitment to environmental sustainability has proven what has never been done before: vibrancy of life can be orchestrated on human-made reef. Rio Tinto has facilitated coral life on an artificial reef as the first project of its kind in Western Australia. Using over 10,000 tonnes of reconstituted concrete and 24 custom-made reef balls, Rio […]
Mental Health Problems in the Mining Industry
Australia’s mining industry is about to boom again, but mental health experts say the industry still hasn’t fixed the “toughen up” culture that has led to dozens of deaths. BHP kickstarted this week its $5 billion South Flank project, a West Australian mine the company promises will run for at least 20 years and create […]