South32 to sell Illawarra Metallurgical Coal to Golden Energy and Resources and M Resources

By on    Metals and Mining Industry News  

South32 to sell Illawarra Metallurgical Coal to Golden Energy and Resources and M Resources

In a significant development within the mining and resources sector, South32 (ASX:S32), a global mining and metals company, has entered into an agreement to sell its Illawarra Metallurgical Coal operations to a consortium led by Golden Energy and Resources (GEAR) and M Resources. The deal, valued at up to US$1.65 billion, marks a pivotal move […]

Millennium and Mavis Downs Mine : PIMS Mining bags $310m mining contract

By on    Metals and Mining Industry News  

Millennium and Mavis Downs Mine : PIMS Mining bags $310m mining contract

PIMS Mining has bagged an AUD 425 million ($310.84 million) contract for providing underground mining services to the Millennium and Mavis Downs Mine in Australia owned by Stanmore Resources and M Resources. The contract awarded by MetRes Pty Ltd., the joint venture between Stanmore Resources and M Resources, is for a duration of five years. […]