Australia Top Stories

Rio Tinto holds tender with legacy inventory from Argyle and Diavik mines

Bids came in from 12 regions across Australia, Europe, Japan, Hong Kong, the Middle East, Singapore and North America, Rio said.

Staff Writer | December 3, 2024 | 4:23 pm

Rio Tinto sells copper mine stake to Sumitomo for $399 million

Sumitomo is slated to acquire a 30% equity share of…

Bloomberg News | December 3, 2024 | 2:33 pm

Fortescue awarded A$10 million to support development of 6MW truck chargers

According to the company, the new chargers are capable of…

Staff Writer | December 3, 2024 | 10:00 am

Northern Star seals global gold major status with Hemi buy

Northern Star portfolio will benefit from adding Hemi, one of…

Kristie Batten | December 3, 2024 | 4:05 am

Deutsche Bank sticks out among financiers of Peabody’s coal loan

Peabody obtained a $2.1 billion bridge loan to help it…

Bloomberg News | December 2, 2024 | 2:23 pm

Regis Resources sues Australian minister over blocked gold mine

Miner is challenging Environment Minister Tanya Plibersek's decision, which blocked the McPhillamys gold project in Federal Court.

Cecilia Jamasmie | November 7, 2024 | 3:45 am

China’s steel demand shifts to higher grade ore, Rio Tinto exec says

"The demand for high grade ore continues to be strong," chief commercial officer Bold Baatar said.

Reuters | November 6, 2024 | 5:37 pm

Rio Tinto to trial Chinese battery swapping technology at Oyu Tolgoi

Battery swapping allows an electric vehicle to quickly exchange a discharged battery pack for a fully charged one, instead of recharging the vehicle at a static charging station.

Staff Writer | November 6, 2024 | 9:41 am

Trump will follow the money, and that’s in green energy — Forrest

Andrew Forrest reinforced Fortescue’s green ambitions, aiming to "build perhaps Australia's largest single industry."

Kristie Batten | November 6, 2024 | 5:13 am

Perth Mint’s October gold sales dip, silver slips to 4-month low

Perth Mint, owned by the government of Western Australia, is the world's largest producer of newly mined gold.

Reuters | November 5, 2024 | 4:40 pm

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

First

Last