Australia Top Stories

Anglo’s stumbles have made it prey for mining’s biggest predator

The company’s reputation is in tatters after a series of missteps sent its value plunging by half. And now industry heavyweight BHP is moving in.

Bloomberg News | April 25, 2024 | 12:25 pm

South Africa scrutinizes BHP bid for Anglo weeks before election

The deal worth about $39 billion would involve Anglo exiting its platinum and…

Reuters | April 25, 2024 | 11:28 am

Miners struggle to finance projects amid surging battery demand — IEA

EVs could reach 17 million in 2024, accounting for more…

Staff Writer | April 25, 2024 | 11:19 am

BHP-Anglo American potential merger: It’s all about copper

The world’s largest miner wants to buy Anglo American, but…

Cecilia Jamasmie | April 25, 2024 | 7:52 am

Column: INSG’s latest forecasts cold comfort for nickel producers

Nickel has rallied hard this month, clawing back some of…

Reuters | April 25, 2024 | 7:13 am

Alcoa bids $2.2 billion for Australian partner to control assets

Alumina owns about 40% of of Alcoa World Alumina & Chemicals, the world’s largest producer of the metal.

Bloomberg News | February 25, 2024 | 3:06 pm

Column: Metallurgical coal is the commodity world’s quiet performer

The fuel used in steelmaking has quietly been a top performer in the energy commodity space in recent months.

Reuters | February 25, 2024 | 12:09 pm

Some Australian ports reopen with cyclone to miss iron ore hub

Operations have resumed at Cape Preston West and Varanus Island, according to a statement from Pilbara Ports Authority.

Bloomberg News | February 23, 2024 | 9:15 am

Iron ore boom of the 2000s repeating – this time with critical metals

In a case of history rhyming, critical metal developers sit at the edge of enormous opportunity.

James Cooper | February 22, 2024 | 4:03 pm

Australia’s lithium producers see signs market is stabilizing

In the short term, prices of lithium ore spodumene appear to have levelled out, says Pilbara Minerals CEO.

Reuters | February 22, 2024 | 10:00 am

Australian iron ore port starts clearing ships ahead of cyclone

Dampier is used by Rio Tinto Group to export iron ore.

Bloomberg News | February 22, 2024 | 7:11 am

Newmont to sell six non-core assets in Canada, Australia

The world's largest gold miner will use proceeds to cut debt, which stood at $8 billion at the end of 2023.

Cecilia Jamasmie | February 22, 2024 | 4:03 am

Fortescue beats on first-half profit, posts strong dividend

Imports to China, the world's largest iron ore consumer, hit a record high last year on strong demand.

Reuters | February 21, 2024 | 4:24 pm

IGO profit slumps on impairment charge, weak prices

IGO's net profit attributable for the half year ended Dec. 31 came in at A$288.3 million.

Reuters | February 21, 2024 | 2:37 pm

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