Australia NZ South Pacific Top Stories

The promise and risks of deep-sea mining

Composed of manganese, nickel, copper, cobalt and other trace minerals, polymetallic nodules hold some of the key ingredients needed to fuel the energy transition.

Reuters | November 15, 2023 | 10:35 am

The Metals Company returns to seafloor test mining site to assess ecosystem

TMC is sending a team back to NORI-D, the site…

Staff Writer | November 8, 2023 | 10:45 am

Rio Tinto, Codelco partner to find more copper in Chile

Through their Nuevo Cobre joint venture, the miners will explore…

Cecilia Jamasmie | November 8, 2023 | 6:13 am

Lucapa finds Angola mine’s second-largest diamond

The find of the 235-carat type IIa diamond at Lulo…

Cecilia Jamasmie | November 8, 2023 | 3:40 am

Pacific island Bougainville seeks to tap riches of closed copper mine

Panguna, formerly operated by Rio Tinto Group, shut in 1989…

Bloomberg News | November 3, 2023 | 10:48 am

Australian court okays BHP takeover of OZ Minerals

Decision was the final hurdle for BHP to acquire OZ Minerals and follows a positive vote from the target company's shareholders.

Cecilia Jamasmie | April 17, 2023 | 9:32 am

Newcrest, Harmony Gold ink deal to move Wafi-Golpu project forward

They have agreed with Papua New Guinea on the terms of a contract to start developing their joint copper and gold project.

Cecilia Jamasmie | April 6, 2023 | 3:53 am

UN to start taking deep-sea mining applications this July

The decision came after the International Seabed Authority spent the past two weeks debating standards for the new and controversial practice.

Reuters | March 31, 2023 | 3:46 pm

Danakali sells stake in flagship Colluli potash project in Eritrea

Buyers Sichuan Road and Bridge Group have paid $105 million. A second instalment of $16 million is expected within the next six months

Cecilia Jamasmie | March 31, 2023 | 6:20 am

Barrick Gold, PNG ink new deal to restart Porgera mine

Through the New Porgera Progress Agreement all parties have committed to resume operations as soon as possible.

Cecilia Jamasmie | March 31, 2023 | 3:43 am

Sibanye-Stillwater to hand $20 million to New Century

Sibanye's emergency financial support for its takeover target New Century flagged output losses that will impact short-term liquidity.

Cecilia Jamasmie | March 23, 2023 | 3:56 am

BHP seeks to tighten grip on South America’s copper sector

BHP officials met with Argentinian authorities this week, expressing interest in increasing investments in the San Juan province.

Cecilia Jamasmie | March 1, 2023 | 6:52 am

Jindalee claims McDermitt project is the largest lithium deposit in US

The Australian miner says its project, on the Nevada-Oregon border, has overtaken Lithium America’s Thacker pass by contained lithium in mineral resource.

Cecilia Jamasmie | February 27, 2023 | 3:57 am

Rio Tinto halves dividend on 41% annual profit drop

Rio's bottom line was hit by weaker iron ore prices as demand from China slowed, as well as higher labour and material costs.

Cecilia Jamasmie | February 22, 2023 | 3:33 am

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