MINING.COM

Lynas board turns down $1.1B Wesfarmers bid

The rare earths miner said its board had concluded it would not engage with retail and industrial conglomerate Wesfarmers, stating its unsolicited takeover offer undervalues Lynas' intellectual property.

Cecilia Jamasmie | April 10, 2019 | 9:20 am

SolGold scores again at Cascabel project

The miner has found further mineralization at its Cascabel copper-gold project. Cascabel is believed to have the potential to become one of the largest copper-gold assets ever discovered.

Cecilia Jamasmie | April 10, 2019 | 4:02 am

Rio Tinto says fire damages Pilbara iron ore operation

The company does not say whether this would impact shipping of the mineral.

Reuters | April 9, 2019 | 3:36 pm

Adani’s Australian coal mine wins further environmental approval

The company has taken a step closer to the construction of the Carmichael coal mine in Australia after winning federal approval for its groundwater management plan.

Reuters | April 9, 2019 | 9:12 am

As Goldman backs off, Citi says chase iron ore rally to $100

Iron ore’s poised to hit $100 a ton, according to Citigroup, which highlighted “very, very low” seaborne cargoes just as data from China may show a pick-up in demand.

Bloomberg News | April 8, 2019 | 12:57 pm

Is coal’s slump overdone? Australia’s resilient exports suggest maybe

There are some signs that the rapid decline in thermal coal prices in recent months has moved the market into oversold territory.

Reuters | April 8, 2019 | 9:26 am

Lynas weighs up rare earths processing in Australia as Malaysia ups pressure

Lynas, one of the world’s main suppliers of rare earths outside China, said it was open to processing materials closer to its Australian mine if that meant it can renew its licence in the Southeast Asian country.

Cecilia Jamasmie | April 8, 2019 | 3:27 am