Australia Top Stories

TIMELINE-Rio Tinto’s sacred Indigenous caves blast scandal

The blasts, while legal, deeply distressed the traditional owners and led to a public outcry and a national inquiry, ultimately costing three top executives and two board members, including the chair, their jobs.

Reuters | March 2, 2021 | 2:55 pm

Minerals exploration in Australia jumps as supercycle looms

Spending on exploration in Australia rose in the December quarter…

Bloomberg News | March 2, 2021 | 8:39 am

Glencore’s Australia mine expansion threatens sacred sites – authority head

Glencore unit McArthur River Mine received approval from the territory's…

Reuters | March 2, 2021 | 8:20 am

Rio Tinto, Mongolia agree to replace Oyu Tolgoi expansion plan

News of the agreement comes as the Australian Taxation Office…

Cecilia Jamasmie | March 2, 2021 | 4:07 am

Rio Tinto hikes investment in the Pilbara

It has spent over $385 million (A$500 million) in the…

Cecilia Jamasmie | March 1, 2021 | 10:00 am

Fortescue Metals half-year profit plunges 44%

Fortescue Metals was hit by weak prices for its lower quality iron ore, and said it remains focused on cutting costs, including lining up cheaper debt.

Reuters | February 20, 2018 | 3:13 pm

BHP CEO will meet with activist Elliott to discuss demands

BHP’s first-half results missed analysts’ expectations and the shares fell 4.6 percent, on pace for the biggest daily drop since April.

Bloomberg News | February 20, 2018 | 11:11 am

Toyota to make cheaper electric motors by halving use of rare earths

Asia’s No.1 carmaker has developed a magnet that reduces dependence on neodymium, a key rare earth metal used in the world’s most powerful batteries for electric vehicles.

Cecilia Jamasmie | February 20, 2018 | 3:21 am

BHP rebuffs Elliott as first-half profit hits three-year high

The New-York based fund argues an overhaul could add more than $22 billion in value for shareholders and wants BHP to conduct an independent study.

Bloomberg News | February 20, 2018 | 2:00 am

Australian Mines signs off-take deal with Korea’s SK Innovation

Australian Mines said the agreement included an option for SK Innovation to buy up to 19.9% of its ordinary shares.

Reuters | February 19, 2018 | 11:19 am

Mining M&A jumps to 4-year high – expect more in 2018

New report says "deals in lithium, copper and cobalt are expected to feature high on the agenda of management teams across the industry."

Frik Els | February 19, 2018 | 10:43 am

2017 gold deposits boasting the highest-grade drill intersections

8,126 grams per meter!

Vladimir Basov | February 18, 2018 | 11:12 pm

Japan’s Mitsui wants more of Chile’s Collahuasi copper mine, but none of Los Pelambres

Mitsui’s investments in Chile’s copper industry date back to the 1990s and it now has minority interests in a number of the country’s leading mines.

Cecilia Jamasmie | February 16, 2018 | 8:08 am

Mining sector unloved as investors find it hard to trust

Data shows that two years after the worst of the raw materials slump is over, investors are still not ready to pour in fresh funds despite a price rally.

Reuters | February 16, 2018 | 5:00 am

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