Australia Top Stories

Wyloo invests $103m in rare earths developer to fund stake in Neo Performance Materials

Hastings Technology, which hopes to become the world’s next producer of neodymium and praseodymium concentrate used in permanent magnets, will use Wyloo’s funds to acquire a 22.1% stake in Neo Performance.

Staff Writer | August 26, 2022 | 8:54 am

Bumper mining profits down under defy doom but challenges remain

The soaring profits unveiled by Australian miners this week were…

Bloomberg News | August 26, 2022 | 8:20 am

Lynas posts record profit on solid rare earths demand

The rare earths producer reported net profit after tax of…

Reuters | August 25, 2022 | 3:09 pm

Tesla’s battery metals bill balloons to $100 billion

Raw material costs have more than doubled since Elon Musk…

Frik Els | August 25, 2022 | 3:07 pm

Hydrogen could replace coking coal in two decades, South32 says

The Perth-based company wouldn’t be investing in new metallurgical coal…

Bloomberg News | August 25, 2022 | 8:10 am

Resolute Mining sells Bibiani to Chinese group

China’s Chifeng Jilong Gold will pay Resolute $5 million upfront and the remainder upon completion of the transaction, expected in March 2021.

Cecilia Jamasmie | December 15, 2020 | 3:53 am

MINING.COM MINUTE: Biggest stories of the week

Tianqi Lithium sells 49% of Australian unit to IGO , Iron ore price goes parabolic after cyclone warning; Rio Tinto should pay for sacred caves blast...

MINING.com Editor | December 11, 2020 | 12:17 pm

Nordgold raises offer for Cardinal

Company has increased its offer price from A$1.00 to A$1.05 a share, matching an offer from Shandong Gold.

MINING.COM Staff Writer | December 11, 2020 | 10:34 am

Kirkland Lake sets 1.3-1.4 moz production target for 2021

Kirkland Lake is planning its largest exploration program at Fosterville since 2016.

MINING.COM Staff Writer | December 11, 2020 | 8:21 am

Vale suspends operations at New Caledonia after protests

Company has halted operations after pro-independence protests nearby, and that military forces are now guarding the evacuated plant.

MINING.COM Staff Writer | December 11, 2020 | 7:42 am

Iron ore price goes parabolic after cyclone warning

World's largest iron ore export terminal is cleared of large vessels, exacerbating an already tight market.

MINING.com Editor | December 10, 2020 | 10:28 am

Investors back overhaul of Australian mining sector following caves inquiry

Rio Tinto's legal destruction of ancient Australian rockshelters showed the mining sector was exposed to material investment risks without more reforms.

Reuters | December 10, 2020 | 8:54 am