MINING.COM

Rio Tinto down despite $7.2bn cash return to investors

Company said first-half profit grew 12% to $4.42 billion, below the $4.53 billion forecast by analysts.

Cecilia Jamasmie | August 1, 2018 | 3:46 am

Falling Chinese electric car production wrenches lithium price

The world’s automakers “don’t worry about lithium supply anymore” – Simon Moores.

Frik Els | July 31, 2018 | 4:59 pm

BHP, Rio deals show lack of options beyond shareholder returns: Russell

BHP Billiton last week agreed to sell its U.S. shale oil and gas assets for $10.5 billion, while Rio Tinto appears on track to exit its troubled investment in the giant Grasberg copper and gold mine in Indonesia for about $3.5 billion.

Reuters | July 31, 2018 | 4:52 am

Union official at Chile’s Escondida mine predicts ‘overwhelming’ vote against BHP offer

Union members have until Wednesday to finish voting on the company's proposal.

Reuters | July 30, 2018 | 4:07 pm

Caterpillar says tariffs will wipe out up to $200M

Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.

Cecilia Jamasmie | July 30, 2018 | 3:22 am

Chile’s Escondida mine workers reject labor offer, to vote on strike

The vote began on Saturday and will continue through the middle of next week.

Reuters | July 29, 2018 | 10:08 am

Western Australia lithium producer approves $382 million expansion

Batteries.

Michael McCrae | July 26, 2018 | 1:05 am

Tianqi goes ahead with $382-million Greenbushes lithium mine expansion

The expansion, on top of a $238 million upgrade due for completion in April, will double the mine’s production to 1.95 million tonnes a year of lithium concentrate a year from 2020.

Cecilia Jamasmie | July 25, 2018 | 3:48 am

India’s Adani sees six-fold rise in coal mining volume despite challenges in Australia

Adani is looking to buy mines in countries such as Indonesia and is securing financing for its Carmichael mine in Australia amid challenges from environmental groups concerned about climate change and potential damage to the Great Barrier Reef.

Reuters | July 24, 2018 | 5:44 am

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Climate scientists begin key report as G20 failed to reach phase-out coal deal

Lynas posts record revenue on robust demand, shares hit 8-year high

Indigenous trust managing funds from Heathgate Resources under scrutiny

What countries would make if they sold their Olympic medals at current metals prices

Great Barrier reef not granted endangered status after Australia lobbied against it

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