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Anglo American completes Sale of the Foxleigh Mine

Anglo American plc (“Anglo American”) announces that it has completed the sale of its 70% interest in the Foxleigh metallurgical coal mine in Queensland, Australia to a consortium led by Taurus Fund Management, following the announcement of the sale and purchase agreement on 4 April this year.

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Glencore2016 Half-Year Production Report

Production highlights

  • Production, as expected, was down period-on-period in commodities where we previously announced, and are delivering on, proactive supply reductions (copper, zinc, lead, coal and oil).
  • Own sourced copper production of 703,000 tonnes was 4% down on H1 2015, due to the previously announced curtailments at our African operations, partly offset by generally higher grades in South America.
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Underground Coal Gasification in Queensland

Statement by QRC Acting Chief Executive Greg Lane

The Queensland Resources Council is very disappointed the Palaszczuk Government has announced today its intentions to ban underground coal gasification immediately, with no consultation.

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Green Light for Galilee Basin

Mining for coal in the Galilee Basin was given the green light today with the historic approval of the first mining lease for the next great Queensland mining province, opening the door for thousands of jobs across regional Queensland.

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Breathing Space for Explorers a welcome Relief

Statement by QRC Chief Executive Michael Roche

QRC welcomes the announcement by Minister for Natural Resources and Mines, Dr Anthony Lynham, to reduce by up to 50 percent, the expenditure that explorers are required to make under their minerals exploration permits.

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