A recent report by Edison Investment Research has Alkane Resources back on track at its Tomingley Gold Operations after disruptive rains, and development is continuing at the multi-commodity Dubbo Project.
Australia Mining News
Outbreaks of gold-rush fever are popping up as bullion markets stage a tentative recovery.
Ore with 62% content in Qingdao lost $2.33 a tonne to close at $57.91, data from the Metal Bulletin shows, hitting a seven-month low and marking the commodity third consecutive weekly fall.
There are signs of resurgence in the mining industry, driven in large part by the boom in storage technology.
Company wants to become Australia’s largest independent coal producer.
Chinese stockpiles at new record high and sovereign debt downgrade worry investors.
Remote mining projects in farming areas could soon access baseload electricity from biomass plants powered by straw.
Mothers will do everything to ensure a bright future for their children.
The company, which could lose the arbitration as a result, will have to pay the amount to former partner Vale.
The change will apply to more than 5,500 Australian suppliers under $1 million of expenditure.
Canadian miners are swarming over Mexico and its high level of mineral prospectivity at the expense of Australia’s explorers and miners who have only made a tentative foray into the Latin America isthmus.
The deal, worth about $400 million, will make Trevali the first pure zinc producer with operations in North and South America as well as Africa.
According to AMC, cumulate uncertainty, particularly when it comes to resource estimation, creates serious risks for mining projects.
An Australian company which has teamed up with the largest gold company in the world to exploit a corner of Latin America’s untapped mineral riches, says the bulk of Guyana’s gold production has only “just scratched the surface”.
Argentina ripe for new energy investment says Brisbane backer of US $2 billion coal mine-power station
A Brisbane company hoping to drive the development of a major coal mine and associated power station in Argentina, says the country’s current energy grid warrants substantial new investment in energy options.
The Toronto-based company's solution for data acquisition while drilling received $500K in funding.
Company could seek approval from the board for Jansen's expansion as early as June 2018, said chief executive Andrew Mackenzie.
Increasing demand for efficient building systems, electric vehicles and renewables generation could add more than 4 million tonnes of annual copper use by 2030, a study shows.
US activist investor steps up pressure on BHP to ditch petroleum. Mackenzie says company already knows what to do to lift value by 50% and double return on capital.
Move comes barely seven months after Rio Tinto agreed to sell it its stake in Simandou for up to $1.3 billion.
Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.
BMI Research expects prices to continue sliding for at least the next five years on rising supplies from Australia and Brazil and evidence of Chinese demand cooling earlier than expected.
Global silver production dropped last year for the first time since 2002 driven by lower by-product output from the lead/zinc and gold sectors, as well as a sharp decline of scrap supply to the market.
Workers temporarily blocked access roads to the site in protest for the decision, which they say will inevitably bring a massive wave of layoffs.
Market rumours point at South32 as the most likely buyer, since the miner decided last month to ditch its $200 million acquisition of Peabody Energy’s coal mine in New South Wales.