Australia Top Stories

Mining’s old guard needs strong medicine

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.

Frik Els | November 22, 2024 | 3:29 pm

Earth AI, Legacy Minerals make first greenfield palladium discovery using artificial intelligence

The companies announced the verified discovery of one of the…

Staff Writer | November 21, 2024 | 4:27 pm

Beleaguered Ellison faces MinRes shareholders

The board of under-siege Mineral Resources faced grilling in Perth…

Kristie Batten | November 21, 2024 | 6:04 am

Marimaca Copper eyes ASX dual listing to boost Chile project

The Canadian miner has reportedly engaged law firm Thomson Geer…

Cecilia Jamasmie | November 21, 2024 | 3:47 am

Mali frees Resolute executives after $160 million deal

The three executives, including CEO Terry Holohan, were freed from…

Bloomberg News | November 20, 2024 | 3:38 pm

Zinc market tightens as mine supply disruptions rattle buyers

Cash zinc contracts are trading at a $24.09 premium to three-month futures.

Bloomberg News | October 23, 2024 | 7:58 am

Panic grows in alumina market as prices spike toward a record

Prices for alumina have surged by more than 20% so far this month.

Bloomberg News | October 22, 2024 | 6:52 am

Heavy Rare Earths to acquire uranium assets from Havilah

It has agreed to purchase an 80% interest in these three projects by investing A$3 million ($2m) over three years.

Staff Writer | October 21, 2024 | 5:07 am

Sandvik lags Q3 profit forecast as non-mining units face weak demand

Sandvik is considered a reliable indicator of demand given its broad customer base.

Reuters | October 21, 2024 | 4:24 am

Gold price hits fresh record, silver at 12-year high

Gold futures may rise to average $3,000 an ounce in the fourth quarter of 2025, analyst said.

Bloomberg News | October 21, 2024 | 4:19 am

Liability trial for BHP in Samarco dam collapse begins in London

BHP faces a potential $47 billion payout in damages over the 2015 Mariana dam disaster, as a 12-week trial kicks off.

Cecilia Jamasmie | October 21, 2024 | 3:26 am

Australia’s MinRes probes payments to tycoon founder

Chris Ellison, who has a large stake in the miner, said that the company set up offshore entities more than 20 years ago that supplied Mineral Resources with mining equipment.

Bloomberg News | October 20, 2024 | 4:46 pm