Australia’s Gascoyne recommends shareholders reject Westgold’s bid

Last week, Westgold had said it received positive engagement from Gascoyne shareholders for its A$104.8 million ($76.94 million) takeover offer.

Reuters | October 13, 2021 | 9:20 am

Tesla inks multi-year nickel supply deal with Prony Resources

The New Caledonian miner will provide the US carmaker with about 42,000 tonnes of the metal needed to produce batteries that power its EVs.

Cecilia Jamasmie | October 13, 2021 | 3:53 am

Barrick CEO, PNG Prime Minister to meet on potential fast-track of Porgera restart

Bristow hopes to speed up negotiations for the reopening of Papua New Guinea's vast open pit and underground gold mine.

Cecilia Jamasmie | October 12, 2021 | 3:51 am

Newcrest sees drop in costs, higher copper output

Newcrest expects to produce around 2 million ounces of gold a year until at least 2030.

Reuters | October 11, 2021 | 5:33 pm

Billionaire Forrest plans green energy factory to rival China

Fortescue’s energy unit will build a plant with initial capacity to make two gigawatts of electrolyzers a year in Gladstone, Queensland.

Bloomberg News | October 11, 2021 | 8:39 am

Sanjeev Gupta’s GFG Alliance strikes debt deal with Credit Suisse

Zurich-based Credit Suisse had previously disclosed some $2.3 billion worth of loans exposed to financial and litigation uncertainties within Greensill-linked supply chain finance funds, with some $1.2 billion of its assets related to GFG.

Reuters | October 10, 2021 | 2:15 pm

Cobalt supply chain: China and DRC to maintain dominance, growth potential in Australia– report

The global cobalt industry is set to receive a significant boost from the worldwide shift to a green economy, Fitch says.

MINING.com Editor | October 8, 2021 | 2:51 pm

BHP to expand into “tougher jurisdictions” in search of battery metals

CEO Mike Henry said the company is ready for a strategic shift out of its geographical, advanced-economies comfort zone.

Cecilia Jamasmie | October 8, 2021 | 3:52 am

Fortescue grabs 60% of Dutch energy tech firm

The miner's green energy arm said the acquisition is part of FMG's plan to supply 15 million tonnes of green hydrogen by 2030.

Cecilia Jamasmie | October 7, 2021 | 4:54 am

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Visualizing the world’s largest lithium producers

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