Australia NZ South Pacific Top Stories

Lucapa Diamonds names Selby CEO and MD

Nick Selby, who joined Lucapa in 2014, took the helm in August this year after former boss Stephen Wetherall stepped down.

Staff Writer | October 5, 2023 | 5:47 am

Glencore to stop funding troubled New Caledonia nickel plant

New Caledonia has some of the world’s largest reserves of…

Reuters | September 27, 2023 | 7:38 am

K92 extends Trafigura partnership with $100 million loan, longer offtake

The company expects first drawdown to occur in early to…

Staff Writer | September 26, 2023 | 9:27 am

CarbonScape gets $18 million cash injection to deliver biographite to Europe, US

New Zealand-based CarbonScape produces biographite, a carbon-negative alternative to the…

Staff Writer | September 26, 2023 | 6:25 am

Copper prices may jump 20%, aluminum by 36% as demand outpaces supply: forecast

Global copper and aluminum supply deficits may cause prices to…

Colin McClelland | September 20, 2023 | 1:46 pm

Turquoise Hill’s fifth largest investor to reject Rio Tinto’s takeover bid

Sailingstone Capital Partners, which has a 2.2% stake in the Canadian miner, will vote against the takeover in meeting next month.

Cecilia Jamasmie | October 14, 2022 | 3:52 am

Resolute Mining inks deal for up to 80% of African Gold project in Mali

Earn-in agreement with African Gold allows Resolute to earn a majority stake in the junior’s Syama shear zone project.

Cecilia Jamasmie | October 12, 2022 | 4:19 am

Harmony Gold expands into copper with $230m project buy

The Eva project in Australia adds 1.72 billion pounds of copper and 260,000 ounces of gold to Harmony's mineral reserves.

Cecilia Jamasmie | October 6, 2022 | 3:54 am

Danakali to sell stake in flagship Colluli potash project in Eritrea

The Australian miner is selling its 50% interest to China's Sichuan Road and Bridge Group for $121 million cash.

Cecilia Jamasmie | October 3, 2022 | 5:55 am

Lion One closes $9.8m bought deal to fund Tuvatu gold project

Located on the island of Viti Levu in Fiji, Tuvatu is envisioned as a low-cost high-grade underground gold mining operation with exploration upside.

Staff Writer | September 28, 2022 | 7:51 am

Turquoise Hill holder Pentwater ups stake, rejects Rio Tinto bid

It has increased its stake in the Canadian miner to 13.77% while rejecting again Rio Tinto’s $3.3bn offer for 49% of Turquoise Hill.

Cecilia Jamasmie | September 16, 2022 | 5:03 am

Glencore eyes adding lithium to trading business — report

Glencore does not own lithium mines, but has invested heavily in the business of recycling the battery metal this year.

Cecilia Jamasmie | September 16, 2022 | 3:48 am

Shallow-water mining in direct conflict with sustainability goals – study

Finnish researchers say that mineral mining alters habitats and causes local biodiversity loss in shallow-water species communities.

Staff Writer | September 15, 2022 | 6:06 am

Bear market leaves bond investors with few places to hide

Double-digit losses have been the norm for fixed-income investors in 2022.

Bloomberg News | September 10, 2022 | 8:20 pm

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