The resources sector has welcomed new rules that provide for reduced isolation periods for COVID cases and their close contacts when the State Government deems WA to be a high caseload environment.
Stuart McKinnon
Fortescue Metals Group has received a below average score on its ESG credentials from S&P Global Ratings but is a high performer against its mining peers.
Market analysts have raised concerns about Mineral Resources’ ability to achieve higher prices for its iron ore.
Daniel Newell
Fortescue Metals Group sees some costs remaining high even after WA’s eventual border reopening.
Sean Smith and Daniel Newell
Fortescue Metals Group is losing another senior executive, with the resignation of sustainability and corporate affairs director Alison Terry.
Sean Smith
Under a preliminary agreement with Sinosteel, the WA iron ore miner could buy into the Oakajee project after a 12-month review.
Fortescue Metals Group chief executive Elizabeth Gaines says the iron ore miner is concerned a lack of clarity around the reopening of WA’s borders may lead to an exacerbated shortage of labour and skills.Â
Danielle Le Messurier
The unification of BHP’s dual share listings in Australia and Britain into a primary listing on the ASX appears set to be supported, with Australian shareholders strongly backing the proposal.Â
The head of the State’s most powerful resources lobby group expects guidelines on how miners will operate after the border reopens are just days away, as more than 50 companies prepare to meet on Thursday.
BHP is weighing up whether to make a third COVID-19 jab a condition of entry to its Australian sites and offices in a possible extension of its mandatory vaccination policy.Â
Iron ore has led gains among industrial metals as China vows to use more monetary policy tools to spur the economy, brightening the outlook for raw materials demand.
US-based firm Capital Group has become the third biggest shareholder in Andrew Forrest’s Fortescue Metals Group after buying a 5 per cent stake in the iron ore miner worth over $3 billion.
BHP has backed concerns aired by fellow Pilbara iron ore producer Rio Tinto that the reopening of WA’s COVID-19 borders early next month could cause short-term disruptions to its booming operations.
WA miners are inevitably looking at rising staff losses when WA’s borders come down on February 5.
WA’s mining skill crunch has continued to hold back iron ore output from Rio Tinto’s Gudai-Darri operation in the Pilbara as well as replacement projects at Robe Valley.
Mining magnate Gina Rinehart wants to expand her iron ore empire with two new mines on the family’s Mulga Downs pastoral station in the Pilbara.
The global investment bank says the valuations of FMG’s clean energy arm don’t justify the miner’s big share trading premium.
BHP has announced its South Flank mine will transition to an autonomous haulage fleet, which will see 60 new roles created in mining, maintenance, control and technology.Â
Caitlin Paroczai
Vale, the world’s second-largest iron ore producer, halted some mine production because of heavy rainfall in the southeastern Brazilian state of Minas Gerais.
Mariana Durao
Rio Tinto, the world’s biggest producer of iron ore, will deploy zero-emissions trains at its Pilbara mines from 2023 under a deal with American manufacturer Wabtec.
James Thornhill
Magnetite is enjoying a resurgence in the WA iron ore industry as a change in economic, energy and environmental tides boost its credentials.
WA Government authorities are scrambling to ensure lucrative iron ore exports through Port Hedland are not disrupted after the State’s hard borders caused a shortage of marine pilots.
Former One Nation MLC and WA party leader Colin Tincknell has joined Mineral Resources as a community engagement adviser with a focus on Aboriginal engagement.
WA’s booming resources sector has swiftly embraced rapid antigen tests as it looks to protect its workers and essential operations from COVID ahead of the opening of the State’s borders next month.
Stuart McKinnon and Adrian Lowe
© West Australian Newspapers Limited 2022
