Australia NZ South Pacific Top Stories

Trafigura-backed nickel mine seeks new partner for bailout

The trading giant declined to contribute more funds as part of a French government rescue package for the New Caledonian mining industry.

Bloomberg News | January 31, 2024 | 10:04 am

New Caledonia’s Prony Resources faces cash crunch on nickel slump

Companies in other high-cost nickel-producing regions have announced restructurings and…

Reuters | January 24, 2024 | 8:15 am

Codelco secures first lithium asset with Australian firm buy

The A$385 million ($254 million) acquisition of Lithium Power International…

Cecilia Jamasmie | January 23, 2024 | 3:48 am

Eramet’s New Caledonia nickel plant runs reduced output after power incident

The production process at the company's Doniambo plant in New…

Reuters | January 22, 2024 | 9:12 am

Lithium junior Kali Metals soars on ASX debut

The Western Australia-based junior entered the ASX on the right…

Cecilia Jamasmie | January 8, 2024 | 3:47 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

A showdown in Jamaica is deciding the fate of the deep ocean

As the International Seabed Authority meets in Kingston this week, it will be writing rules for deep sea mining that threatens the very ecosystems in need of preservation.

Bloomberg News | July 11, 2023 | 2:02 pm

Deep-sea mining could hurt $5.5bn tuna industry, study claims

Scientists say climate change would likely change tuna's migration patterns, leading them to areas targeted by deep-sea miners.

Cecilia Jamasmie | July 11, 2023 | 5:44 am

Patriot Battery Metals hits back at short-seller report

Night Market Research called Patriot a "mining unicorn" and alleges the junior has used “curiously timed buyout rumours” to inflate its share price.

Cecilia Jamasmie | July 10, 2023 | 3:58 am

Deep-sea metal rush in doubt as regulatory body meets

Environmental groups expect next week's meeting of the International Seabed Authority to rule out any immediate permission for mining to begin.

Reuters | July 7, 2023 | 7:17 am

SQM grows Aussie footprint on earn-in deal with Tambourah

SQM will invest at least A$1.5 million ($1m) and up to A$3 million ($2m) to earn an initial 50% in all mineral rights at Julimar project.

Cecilia Jamasmie | July 6, 2023 | 3:37 am

Develop Global to buy Essential Metals for $102 million

Develop Global, an Australian base metals explorer backed by lithium miner Mineral Resources, said Essential’s board had ok'd the deal.

Cecilia Jamasmie | July 3, 2023 | 5:26 am

Pentagon ordered to probe undersea mining to counter China

Undersea mining is still illegal under international law and environmentalists rail against it for threatening ocean ecosystems with habitat damage, silt and noise.

Colin McClelland | June 30, 2023 | 10:11 am

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