Australia Mining News

Mineral Resources inks $1.15B lithium JV deal with Albemarle

The joint venture will allow the American lithium producer, the world’s No. 1, to expand its presence in Australia.

Capturing the value of veterans in mining

Capturing the diverse skills and talents of highly-trained defence force personnel as they transition to civilian work requires a specialised approach.

Indonesia coal miner Bayan completes A$226m buy back of Kangaroo Resources

"The aim of this share purchase is so that the company can have full control over its subsidiaries owned indirectly by Kangaroo Resources."

Australian rail workers plan strikes that could hit key coal haulage tracks

Coal railway workers at Australian hauler Aurizon Holdings Ltd are planning strikes after a breakdown in pay negotiations, their trade union said.

Kirkland Lake drills high grade extensions at Fosterville

The company expects to produce at least 330,000 oz. gold in 2018 at Fosterville.

Australia plans deal with US on 'critical minerals', hopes to boost its exports

This will mean Geoscience Australia and the United States Geological Survey (USGS) will work closely on exploration, extraction, processing and research and development.

BHP calls off sale of Cerro Colorado copper mine as buyer backs out

The world’s No.1 miner had decided to offload Cerro Colorado mine in May last year, as part of chief executive Andrew Mackenzie’s bid to focus on large assets in commodities such as iron ore, copper and oil.

Ultra Power tags Canadian technology for world’s first dedicated vanadium processing facility

VanadiumCorp and Electrochem Technologies and Materials have signed a patent option agreement allowing Ultra Pure Systems to purchase an exclusive licence to their VanadiumCorp-Electrochem processing technology (VEPT)

Kirkland Lake Gold forecasts 10-15% production growth

Production growth in 2019 will be driven by its Fosterville mine in Australia.

Lithium Australia officially acquires Youanmi project

The project consists of three exploration licences in the Archean Yilgarn Block, 450 kilometres north-east of Perth.

Rio's partner in Aussie copper project says nothing great so far about it

Antipa Minerals reported "weak mineralization" in a target area that is part of the Citadel project, which has been touted as likely rich in copper.

Anglo ending 2018 on high note, predicts higher output, lower costs

The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.

Tesla lithium supplier Kidman settles ownership row over Australian mine

The settlement unlocks payments by SQM that had been on ice during the dispute, and paves the way for development to get back on track

Malaysian uncertainties complicate Aussie miner Lynas' growth plans

Lynas $800 million plant on the east coast Malaysia began operations in 2012 after long delays caused by legal challenges and environmental disputes.

Losing licence to operate new and biggest threat to miners — EY

Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years

Lucapa kicks off commercial production at Mothae diamond mine

The operation will add to the Perth-based company annual output, until now on depending on just one mine —  Lulo, in Angola.

Lynas mulls legal action as Malaysia conditions licence renewal

The Australian rare earths miner said it was disappointed with Malaysia's decision to impose new conditions on its licence to operate in the country, adding it was considering all options, including legal action.

Australian mining initiatives to improve productivity, innovation

5 Key initiatives to aid the Australian mining and resources sectors to stride forward smoothly.

BHP gets green light to develop nickel mine in Western Australia

Using more nickel cuts costs by reducing the amount of expensive cobalt, a mainstay of current battery technology.

Malaysia tells Lynas to remove radioactive waste for licence renewal

It needs to be removed by September 2, 2019, when Lynas' temporary storage licence expires.

What to watch in commodities: Trump-Xi, OPEC, iron, Tesla, crops

It’ll be an important week for iron ore, which has been badly beaten up in November.

The lithium price bulls were right

OK; half right.

Kirkland Lake Gold's Aussie operation breaks production record

Based on the improved outlook for Fosterville, the Toronto-based miner now anticipates that its full-year 2018 consolidated production will exceed the current target range of 655,000 – 670,000 ounces.

Moody’s sees weak lithium prices in 2020 due to projects frenzy

Spot prices would be pushed down despite rapid demand growth from batteries for electric vehicles (EV) makers, the experts say.

Superior Gold drills Hermes South in Australia

The company is trying to expand the existing resource at Hermes South and determine if it could become another open pit mine.