The article reports that mining corporations in Australia are preparing for a possible restructuring of the tax system by the Treasury. Market sources stated that a proposed 40% profit tax will affect Rio Tinto, BHP Billiton and small miners and discourage them from investing more in mining ...
Australia - Mining, Agriculture, Tourism: Australia’s established world reputation has long been that of a wealthy underpopulated country prone to natural disasters, its economy depending heavily on agriculture (“riding on the sheep’s back”) and fore
Undoubtedly, the Australia’s ESG backdrop is convoluted and poses a challenge for corporations. Despite this, the mining industry remains central to Australia’s economy, accounting for 13.6% of total gross domestic product in 2023. According to Australia’s Department of Industry, Science and Res...
DARWIN, AUSTRALIAAt first glance there was no connection between U.S. President Barack Obama’s announcement in November the U.S. was establishing a permanent base for 2,500 Marines near Darwin and U.S. Defense Secretary Leon Panetta’s revelation late Wednesday U.S. combat forces expect to ...
To collect minerals and ores from the surface of the ground, mining corporations are increasingly using surface mining techniques. Since it involves less manpower and equipment than underground mining, surface mining is more economical and efficient. In addition, surface mining is frequently used to ...
Since late 2020, Australia’s exports of commodities including copper and coal to Mainland China have declined to nil over a strained diplomatic relationship. Americas Mining Insight (May 2023) Mining production growth and investment in the Americas in 2023 will be supported by the continued ramp-...
From single-site operations to the world’s leading multinational mining corporations Direct & ‘quasi-direct’ participations Large primary stretch, quota share participations or primary and excess through our Team at Lloyd’s ESG performance review forms part of our underwriting approach ...
Mining corporations are seeking ways to lessen the impact that their operations have on the surrounding environment and are making investments in technology that are both cleaner and safer. Because of this, possibilities are opening up for manufacturers of Mining Equipment that provide products that ...
³²Thegold rushesto CaliforniaandAustralia in themid-nineteenthcenturywerefollowedby oneto SouthAfricain thelate1880s.Thegrowthof goldminingcausedthedevelopmentof Johannesburgand theWitwatersrand,nowadaystheprimemetropolitanareaof SouthAfrica.CoalwasexploitedatWitbanktoo. Asthecoalminesproducedmainlyfor the...
“There is, in my personal view, an obligation of Rio Tinto to come back and to contribute to cleaning up the mess they left behind,” Volker Boege, who has studied the conflict and co-directs the Peace and Conflict Studies Institute Australia in Brisbane, said in an interview. “The ef...