Pan African expands into Australia, halts Sudan project

It has paid $54.2 million for full ownership of gold junior Tennant Consolidated Mining Group and its 50,000 gold-oz./y project.

Cecilia Jamasmie | November 5, 2024 | 6:22 am

Anglo American sells Australian coal JV stake for $1.1 billion

Anglo has agreed to sell its 33.3% stake in Jellinbah Group, a JV that owns 70% interest in the Jellinbah East and Lake Vermont coal mines.

Cecilia Jamasmie | November 4, 2024 | 5:47 am

MinRes’ founder Ellison to exit after internal misconduct probe

Chris Ellison will leave within 18 months as the board found he used company resources for his personal benefit and evaded taxes.

Kristie Batten | November 4, 2024 | 5:03 am

Gold price surge adds glitter to tarnished miners

Gold miners are generating cash, boosting dividends and announcing plans to buy back shares.

Reuters | November 1, 2024 | 9:47 am

Syrah secures $150m US loan for Mozambique graphite operation

Execution of the loan agreement with United States International Development Finance Corporation follows a three-year process.

Staff Writer | November 1, 2024 | 8:36 am

BHP, ABB sign multi-year global framework agreement

This new agreement, says BHP, allows the companies to collaborate in support of project delivery, operations and maintenance, as well as progressing operational decarbonization efforts.

Staff Writer | October 31, 2024 | 12:46 pm

Newmont seeks to extend Cadia until 2050

Cadia is Australia’s largest underground mine.

Staff Writer | October 31, 2024 | 9:41 am

MinRes cuts jobs, costs amid CEO probe

Miner is cutting 570 jobs and slowing construction at its Mount Marion lithium project, as it battles falling lithium and iron ore prices.

Cecilia Jamasmie | October 31, 2024 | 5:53 am

UBS expects copper price to average $10,500 in 2025

Demand from the new energy vehicles, solar, wind and China's grid investment remains resilient; and copper is also benefiting from high-growth industries such as the data centres for AI and defense needs.

Reuters | October 31, 2024 | 4:13 am

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Rio Tinto lifts force majeure for Australian alumina exports

MinRes founder Ellison steps down as Delta Lithium chair

Rio Tinto-backed lithium tech startup set to raise second round of funds

Australia to propose tax incentives for critical minerals

Iron ore weakness to continue into 2025 and beyond, says Fitch Solutions’ BMI

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