Australia Mining News

Copper Mountain bids $70M for Altona Mining

The Vancouver-based miner wants to form a major new copper producer.

Canada's Wealth Minerals, Chinese firm to bid for world’s largest lithium miner

The two firms are just the latest names in a long list of companies that includes major players such as Rio Tinto, interested in grabbing a stake in Chile’s Chemical and Mining Society (SQM).

Rio Tinto's M&A madness

Some companies are good at takeovers. Rio Tinto Group isn't one of them.

Canadian diamond discoveries could close pending supply gap

With global diamond demand forecast to grow at approx 3.5% annually over next five years, a supply gap down the line seems inevitable if forecasts hold.

Brazil's Samarco mine sees need to cut staff by 600

Samarco said it would resume talks with two unions on Friday following Thursday meetings on the need to reduce staff to 1,135 from 1,735.

BHP-Vale deal distances Brazil mine from $53bn in lawsuits

Miners' lawyers filed documents late Thursday requesting that the presiding judge suspend two civil suits from 2015 Samarco dam spill.

BHP to exit shale within two years, sell nickel assets

“We have a strong sense of urgency,” chief executive Andrew Mackenzie told reporters following the company’s annual general meeting in Melbourne.

Poll results: How does the Australian mining sector treat mental health?

MPi, a recruitment and human resources business based in Australia, asked those who work in the industry. Here's what they said.

What people think of globalization, by country

More than in the past, the population is divided on whether globalization is a force for good or not.

UN urges miners to better regulations needed to prevent disasters

According to the UN Environment Program's latest report, most of the 40 significant mine waste accidents in the past decade have involved dams or other storage areas that failed.

Zinc market focus turns to new supply, but don't forget Quebec: Andy Home

All over the world, it seems, geologists are revisiting old mine plans in a collective new zinc rush.

Iron miners: capex will not see strong comeback, says new research

BMI predicts that iron ore prices will remain on a long-term gradual downtrend until at least 2021.

Landmark publication highlights Australia’s mineral wealth

Australia’s mining industry is world-class, contributing AUD$236 billion to the national economy. This contribution is largely a product of the country’s substantial and diverse ore deposits.

Lucapa finds another large diamond at its Lulo mine in Angola

It's the eighth diamond of over 100 carats recovered this year, and the seventh in just 2.5 years of commercial mining.

Former Xstrata CEO Mick Davis may become Rio Tinto new chairman

The mining veteran could face competition from internal candidates, including former head of UK gas company Centrica, Sam Laidlaw, who now sits on Rio’s board.

Mayor organizes massive protest against Berkeley's uranium mine in Spain

The leader of the Villavieja de Yeltes municipality is planning to rent buses so that people can attend the rally.

This Aussie miner is about to break into South Korea lithium sector

Pilbara Minerals has announced a potential joint venture with two South Korean companies to develop a lithium processing facility in the Asian country.

BHP needs 120 new workers at its Olympic Dam in Australia

The mining giant will add those jobs during the next 12 months.

Rio Tinto joins race for stake in world’s largest lithium miner

Mining giant is eying the 32% interest in SQM that PotashCorp is selling to fulfill China's regulators condition for the approval of the its friendly merger with smaller rival Agrium.

Glencore extends lockout at Australia coal mine as talks stall again

Glencore has extended a lockout of 190 workers at Oaky North mine in eastern Australia for a further two weeks.

New Century raises $53M to restart mothballed zinc mine

The Century zinc mine in Queensland could be churning out ore again thanks to a $52.9 million private placement raised by owner New Century Resources (ASX:NCZ).

Copper miners to see profit grow further in 2018 — report

Profit margins are expected to end significantly higher this year, and this trend to continue over the next two years, a study by S&P Global Market Intelligence shows.

Thailand faces arbitration over decision to shut only active gold mine

Owner, Australian Kingsgate Consolidated, will begin arbitration under the Thailand-Australia Free Trade Agreement (TAFTA) to try to recover “the substantial losses” it has incurred.

BHP aims for more copper, oil; steers away from EV minerals

BHP CCO Balhuizen says while 2017 marks "tipping point" for EVs entering mainstream of metals demand forecasting, in terms of sales mass move is further off.

Stratex shareholders block Crusader mining deal

Shareholders of miner Stratex International blocked reverse takeover of Australian-listed Crusader Resources and voted CEO Marcus Engelbrecht out of office.