Pembroke Resources has lost its appeal bid over the meaning of “restricted land” after the private equity-backed miner argued a court’s ruling could impinge on plans for a $1 billion steel-making coal mine in Queensland.
The Victorian government has given the go-ahead to Viva Energy’s plans to construct a liquefied natural gas terminal in Geelong.
Two Australian companies who held all the shares in Mirabela Mineração do Brasil’s main asset, the Santa Rita Mine, have successfully argued that a contract variation and their subsequent termination of the sale contract was lawful, in spite of their Brazilian counterparts’ late signature.
Glencore has won a contract to supply Cobalt Blue with up to half of the necessary feedstock to run its new Kwinana cobalt refinery.
Coal producer TerraCom has been joined to a lawsuit brought by Korean Midland Power against a unit testing lab ALS Limited over allegedly exaggerated coal testing results.
In a court fight between engineering firm Clough and its former joint venture partner Elecnor, a judge has questioned Elecnor’s “extremely inconvenient” bid to send Clough’s $54 million cross-claim to arbitration in Singapore.
Woodside’s North West Shelf gas project will be extended until 2070, after receiving approval from the environment minister.
MAC Copper, which operates the Cobar copper mine in NSW, has accepted a $1.6 billion takeover offer from South African-based gold mining company Harmony Gold.
Coal producer TerraCom has agreed to pay $7.5 million to resolve ASIC proceedings alleging it made misleading statement to the market that damaged a whistleblower’s reputation.
Queensland Investment Corporation has completed a $2 billion refinancing and equity deal for its remote and off-grid power distributor Pacific Energy.