Earth’s largest iron ore deposits are a billion years younger than believed, research reveals

Researchers found the Hamersley deposits in Western Australia formed between 1.4 and 1.1 billion years ago, rather than 2.2 billion years ago as previously estimated.

Staff Writer | July 22, 2024 | 3:58 pm

Lynas Q4 revenue falls on output slump, lower prices

The world's largest producer of rare earths outside of China posted sales revenue of A$136.6 million for the quarter.

Reuters | July 22, 2024 | 3:22 pm

BHP’s potash mine in Canada now 50% ready

BHP is halfway through completing its massive Jansen potash mine in Saskatchewan, with first production expected in 2026.

Cecilia Jamasmie | July 22, 2024 | 9:48 am

High returns lure wealthy investors to fund coal as banks exit

Wealthy Australians are emerging as an important pool of capital for financing coal projects shunned by banks.

Bloomberg News | July 22, 2024 | 9:34 am

Western miners push for higher metals prices to ward off Chinese rivals

Industry leaders have pushed for two pricing structures for several years.

Reuters | July 22, 2024 | 8:10 am

Anglo American to sell two assets to Taurus Funds for up to $195 million

Anglo plans to divest less profitable assets and focus on expanding copper output.

Reuters | July 22, 2024 | 7:01 am

Lynas Rare Earths signs contracts for Mt Weld power station

The hybrid power station is expected to reduce greenhouse gas emissions by about 60,000 tonnes of CO2-equivalent.

Reuters | July 22, 2024 | 6:57 am

Karora shareholders back Westgold merger

The only step remaining to create a 400,000+ ounces-per-year gold miner in Western Australian is Canadian court approval.

Staff Writer | July 22, 2024 | 3:28 am

Singaporean consortium secures $850m for South32’s Australian coking coal

South32 said in February it had agreed to sell the business in New South Wales state for $1.65 billion.

Reuters | July 21, 2024 | 4:25 pm

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Australia revises down commodity revenue forecasts as prices trend lower

SQM seeks lithium partner to finance international expansion

Mining industry struggles with valuation gap amid shift to copper

Fortescue, Liebherr secure orders for 100 electric mining trucks

Anglo expects binding offers for Australian coal assets by mid-November

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