Australia NZ South Pacific Top Stories

France offers loan to New Caledonia nickel firm Prony to avert collapse

Prony Resources is one of three nickel processors in the French territory that face insolvency as high costs and political tensions have hit profitability.

Reuters | February 15, 2024 | 9:50 am

Hillgrove Resources starts producing copper in South Australia

Milestone positions the company as one of the few pure-play…

Staff Writer | February 13, 2024 | 5:00 am

Glencore to sell stake in troubled New Caledonia nickel operation

Glencore will keep the nickel plant under care and maintenance…

Cecilia Jamasmie | February 12, 2024 | 3:48 am

French government flags fresh funds for nickel rescue

The government plans to offer fresh subsidies and loans for…

Reuters | February 6, 2024 | 9:10 am

France extends New Caledonia nickel rescue talks

High costs and political tensions in the French-controlled Pacific territory…

Reuters | February 5, 2024 | 10:04 am

UN watchdog delays deep-sea mining to 2024

The Council of the International Seabed Authority ruled out any immediate permission for mining to begin.

Reuters | July 25, 2023 | 7:36 am

Albemarle moves ahead with Kemerton plant expansion

The $135m contract with Monadelphous Group is part of Albemarle's plans to double lithium hydroxide output at the plant.

Cecilia Jamasmie | July 25, 2023 | 3:44 am

South32 takes $1.3 billion charge on Arizona project

South32 blamed supply costs for pushing up the price of developing the Taylor deposit, the largest asset within the Hermosa project.

Cecilia Jamasmie | July 24, 2023 | 3:53 am

MinRes backs out of Chinese investment deal with Albemarle

Billion-dollar deal that would have seen MinRes acquire a stake in downstream assets in China owned by Albemarle.

Cecilia Jamasmie | July 20, 2023 | 3:46 am

Fortescue hit by cyber attack that saw network data disclosed

The Australian iron ore miner said hack occurred on May 28 and noted data disclosed "was not confidential in nature".

Bloomberg News | July 18, 2023 | 9:48 am

Canada’s regulator clears Newmont’s acquisition of Newcrest

The world’s largest gold miner is also progressing towards receiving regulatory approvals in other jurisdictions, with a transaction close expected in the fourth quarter of the year.

Cecilia Jamasmie | July 18, 2023 | 7:32 am

Rio Tinto grabs stake in graphite-focused Sovereign Metals

Rio Tinto's move marks its first public step into the graphite sector, as it continues to boost its exposure to battery minerals.

Cecilia Jamasmie | July 17, 2023 | 3:53 am

Lion One’s face sampling at Tuvatu gold project outperforms expectations

Face sampling of two separate lodes returned 19.91 g/t and 9.60 g/t respectively.

Staff Writer | July 13, 2023 | 9:28 am

Fortescue Metals says founder’s split with wife won’t affect business

Fortescue Metals was forced to make a statement on Thursday regarding the future of the company on news of the split between Andrew and Nicola Forrest.

Cecilia Jamasmie | July 13, 2023 | 3:56 am

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