Australia Top Stories

IGO to record impairment against nickel assets in strategy shift

IGO has been undertaking a strategic review in an attempt to revaluate its resources.

Reuters | July 15, 2024 | 4:24 pm

Rio Tinto’s Q2 iron ore shipments miss after May train derailment

The world's largest producer of iron ore shipped 80.3 million…

Reuters | July 15, 2024 | 3:32 pm

Rio Tinto to pursue development of solar farm for WA iron ore ops

The solar farm could displace up to 11% of natural…

Reuters | July 15, 2024 | 7:09 am

SolGold secures $750m gold stream funding for Ecuador project

Streaming deal will help SolGold finance feasibility studies, secure permits…

Cecilia Jamasmie | July 15, 2024 | 5:55 am

Seabed mining regulator meets amid mounting pressure for code

Meeting is considered pivotal for the UN body, expected to…

Cecilia Jamasmie | July 15, 2024 | 4:05 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

Pilbara Minerals HY profit slumps, withholds dividend

Australia's biggest pure-play lithium miner reported after tax half-year profit of A$273 million.

Reuters | February 21, 2024 | 2:35 pm

Australia’s Orica seals $640m deal to buy US chemical firm Cyanco

Cyanco produces NaCN, a specialized chemical required for gold processing, at its Nevada and Texas plants in the US.

Reuters | February 21, 2024 | 2:00 pm

Rio Tinto board gives go-ahead on Simandou iron ore project

"The board yesterday approved the largest mining project in the world," CEO Stausholm told the Financial Times.

Staff Writer | February 21, 2024 | 9:47 am

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