Australia NZ South Pacific Top Stories

Scientists discover ‘dark oxygen’ being produced by seabed metals

Researchers sampled the seabed of the Clarion-Clapperton Zone to assess the possible impacts of deep-sea mining.

Staff Writer | July 23, 2024 | 9:37 am

Australia to fund road clearing to Porgera mine after PNG landslide

Australia said it would provide A$2 million ($1.33 million) to…

Reuters | June 20, 2024 | 6:40 am

K92 Mining enters new loan, offtake deal with Trafigura

The company said the loan is "an important financial de-risking…

Staff Writer | June 19, 2024 | 9:06 am

Mineral Resources to shut Yilgarn iron ore hub

The decision was partly triggered by the limited remaining life…

Cecilia Jamasmie | June 19, 2024 | 3:55 am

Newmont contracts Wood to enhance Papua New Guinea mine

A contract totalling $18 million was given to Wood to…

Staff Writer | June 18, 2024 | 8:23 am

Eramet reaches deal to convert debt of New Caledonia nickel unit

Several hundred million euros of debt will be removed from its loss-making nickel subsidiary SLN.

Reuters | March 4, 2024 | 10:07 am

Solar power becomes coal’s greatest competitor in Asia-Pacific – report

A Wood Mackenzie report shows that the cost of electricity generated from renewable sources reached an all-time low in 2023 in the Asia-Pacific region.

Staff Writer | March 3, 2024 | 4:40 am

Diamond producers warn of pitfalls in G7’s Russia gem ban

Russia is the biggest global supplier of uncut diamonds by volume.

Henry Lazenby | February 28, 2024 | 3:02 pm

Eramet in talks with France to offload debt from SLN nickel unit

Eramet, which has refused to inject more funds into SLN, aims to reach a deal in the coming weeks to remove some 320 million euros of debt.

Reuters | February 21, 2024 | 10:07 am

Op-Ed: Sparing the land by collecting minerals at sea

A challenge is that seafloor mining immediately starts off at a reputational disadvantage.

Seaver Wang | February 16, 2024 | 4:10 pm

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