Australia Top Stories

Whitehaven Coal jumps on price outlook, output beat

A shortfall in global coal production with long-term output constraints and higher sea-borne demand from India is expected to lift prices, the miner said.

Reuters | October 25, 2024 | 10:15 am

Coal billionaire Tykac eyes growth in bet against ESG uptake

Pavel Tykac’s Sev.en Group has taken advantage of cheap valuations…

Bloomberg News | October 25, 2024 | 9:20 am

BHP, Vale and Samarco reach $30 billion Fundão dam settlement

The collapse of the dam at an iron ore mine…

Bruno Venditti | October 25, 2024 | 8:28 am

Rio Tinto signs MOU with China’s Nanjing Steel on decarbonization

Upstream mining giants have accelerated cooperation with their big consumers…

Reuters | October 25, 2024 | 7:49 am

Biden administration approves ioneer’s Nevada lithium mine

Ford and a joint venture between Toyota and Panasonic have…

Reuters | October 24, 2024 | 11:08 am

Regis Resources eyes legal options after heritage protection decision

Regis on Thursday wrote down the value of the McPhillamys project by A$192 million.

Reuters | August 22, 2024 | 10:47 am

Whitehaven Coal to sell 30% Blackwater mine stake to Nippon Steel, JFE

Nippon Steel and JFE Steel will buy 20% and 10% stakes respectively.

Reuters | August 21, 2024 | 4:05 pm

SQM profit down 63%, anticipates continued weak lithium prices

The world's second-biggest lithium producer expects the downward trend in the metal's prices to continue for the rest of the year.

Cecilia Jamasmie | August 21, 2024 | 5:23 am

Regis Resources takes $130m writedown as gov’t call makes project unviable

Regis also withdrew the feasibility study and the 1.89 million ounce ore reserve attached to the proposed McPhillamys mine.

Cecilia Jamasmie | August 21, 2024 | 3:55 am

Meteoric Resources to supply rare earths oxide to Ucore

The Perth-headquartered firm said it also expects to obtain a construction permit by the fourth quarter of 2025.

Reuters | August 20, 2024 | 6:29 pm

Heavy rains to threaten 25% of copper projects by 2050

Verisk Maplecroft predicts that by mid-century, a quarter of global copper projects will be affected by extreme precipitation.

Cecilia Jamasmie | August 20, 2024 | 5:47 am

Anglo American to receive coal bids in September

The sale process includes the Grosvenor and Moranbah North mines along with three smaller mines in Queensland.

Cecilia Jamasmie | August 20, 2024 | 4:02 am

BHP’s quick strike fix sets tone for labor talks amid copper rally

Analysts say BHP's quick fix to a recent six-day strike at its huge Escondida copper mine in Chile could set the tone for upcoming negotiations elsewhere.

Reuters | August 20, 2024 | 3:36 am

Want to capitalize on all-time high gold price? You could be in business by 2040!

Financial markets and the mining industry have lost all touch.

Frik Els | August 19, 2024 | 11:09 am

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