Norwest Energy urges shareholders to reject MinRes’ takeover bid

Norwest said the bid failed to recognize the value of the firm, which has stake in a major gas discovery in West Australia’s Perth Basin.

Staff Writer | January 11, 2023 | 4:51 am

Ivanhoe Electric ties up with Saudi Arabia’s Ma’aden

The companies have formed a 50/50 joint venture to explore for metals considered key for the global energy transition.

Cecilia Jamasmie | January 11, 2023 | 3:46 am

Top 50 mining companies in 2022: coal, lithium win big, China investors lose out

Commodity prices are always volatile, but in 2022 metal and mining markets reached new levels of turbulence, as the pandemic played out in China and the Ukraine war upended global energy.

Frik Els | January 9, 2023 | 11:16 am

Civmec gets over $228m contract for Rio’s Western Range project

Civmec will carry out engineering work from its Henderson facility in Western Australia for the miner.

Reuters | January 9, 2023 | 10:02 am

Fortescue Metals CFO Ian Wells to step down in latest shakeup

Wells' resignation is the latest in the top management departures at Fortescue.

Reuters | January 9, 2023 | 6:43 am

What to watch as China gives commodities a wild start to year

Commodities are having a volatile start to the year as China’s virus tsunami and policy shifts leave investors scrambling to calibrate expectations for 2023.

Bloomberg News | January 6, 2023 | 7:39 am

China to crack down on speculation in iron ore prices

The Chinese state planner will resolutely crack down on illegal activities such as price gouging and speculation to ensure smooth operation of the market.

Reuters | January 6, 2023 | 7:26 am