The world’s iron ore powerhouse is preparing to reinvent itselfFor the first time in a generation, the spectre of disruption looms over mining’s most reliable profit generator. Bloomberg News | October 28, 2023 | 8:49 pm
Dixie Gold agrees to friendly takeover by Australia’s Omnia MetalsThe consideration represents a premium estimated to be in excess…Staff Writer | October 27, 2023 | 1:25 pm
BHP Australia iron ore rail workers approve industrial action plansThe work stoppages could impact its operations at the world's…Reuters | October 27, 2023 | 7:20 am
BHP eyes copper, nickel projects as it bypasses lithium BHP expects global copper and nickel supplies to remain below demand as few new mines for either metal are coming online in the near future. Reuters | March 8, 2023 | 1:29 pm
Battery bonanza is being sparked by coal’s exit in Australia Australia’s rapid shift from coal-fired power to cleaner alternatives is underwriting a boom in battery projects able to store solar and wind energy. Bloomberg News | March 8, 2023 | 5:52 am
New Century recommends $95m buyout offer from Sibanye-Stillwater Sibanye-Stillwater last month launched an unsolicited takeover bid of A$1.10 cash per share. Reuters | March 7, 2023 | 3:13 pm
Lynas gets $134 million funding from Japan to boost output Under the new deal, Japan will receive priority supply rights over Lynas's growth capacity until 2038. Reuters | March 7, 2023 | 7:53 am
Sibanye-Stillwater secures controlling stake in New Century Resources The precious metals miner now controls nearly 71% of New Century Resources, for which it launched an unsolicited takeover bid in February. Cecilia Jamasmie | March 7, 2023 | 3:23 am
Rio Tinto settles US bribery case linked to Simandou mine Allegations related to the company’s efforts to retain valuable mining rights in Guinea in 2011. Bloomberg News | March 6, 2023 | 4:11 pm
BHP CEO says he is optimistic about Chinese economy this year BHP last month reported a steeper-than-expected 32% fall in first-half profit. Reuters | March 6, 2023 | 3:26 pm
Agnico Eagle CEO mulls move to go big or get small in Australia Agnico has never been a company that “pounds our chest on size and getting bigger for the sake of getting bigger,” CEO Ammar Al-Joundi said. Bloomberg News | March 6, 2023 | 9:58 am
Australia sees trade talks continuing with China after investment ban on miner Australia blocked Yuxiao Fund from raising its ownership of Northern Minerals. Reuters | March 3, 2023 | 7:25 am