Australia Mining News

Rio opens books to over half-dozen possible suitors for Australia coal mines

If successful, the mines could fetch around $2bn and complete Rio's plan to finalise its exit from the sector and focus on iron ore, copper and aluminum.

BHP presents united front against activist Elliott

Ken MacKenzie defended CEO after attacks from activist investor Elliott Advisors prompted speculation that the end of Andrew Mackenzie's tenure was imminent.

BHP expects China's growth to ease modestly over short term

"[W]e expect growth in China to ease modestly over the short-term, as monetary policy tightens and housing and automotive markets soften," Mackenzie said.

BHP presents united front against activist Elliott

Pressure has mounted on BHP and its chief executive since Elliott went public in April with its criticisms of the miner's strategy.

Vale’s iron ore output hits another record

Iron ore production rose 3.3% compared with the same period last year to hit a fresh quarterly record of 95.1 million tonnes.

BHP's copper production up sharply, iron ore down

Fire shrinks Mt Whaleback iron ore production, but output at world's largest copper mine Escondida in Chile jumps 23%.

Copper price: Rio slashes production guidance

Delayed ramp-up at Escondida, mine sequencing at Kennecott.

Iconic Australian jeweller showcases $100 million collection of coloured diamond jewellery

The largest collection of exquisite fancy coloured diamonds and diamond jewellery ever publicly exhibited in the Southern Hemisphere is being showcased across Australia by iconic Australian jeweller Linneys.

Aussie copper explorer vaults 33% after selling key project

Investors in Queensland Mining (ASX:QMN) got an unexpected surprise Monday morning after the company announced Friday it was selling its White Range copper, gold and cobalt project.

Zinc price spike sparks flurry of miner listings

The metal has doubled in prices since late 2015 and investor demands are rising for this "hot commodity."

Australian Mining Companies Are Unlocking the People Puzzle in Africa

Download the full ‘Mini-Report: The People Puzzle – Mining Talent for Mining Companies‘

Prairie Mining says near deal with Chinese banks to fund Polish mine

Upfront capital costs for the development of the Jan Karski mine totals $630 million with Chinese lenders expected to financing 85 percent of it.

Mitsui to build desalination plant for BHP’s Spence copper mine in Chile

The project will be the Japanese company’s first desalination plant and it is estimated to require an investment of around $623 million (70 billion Yen).

Rio Tinto's $2 billion coal assets attract investor consortium: sources

Sale is part of Rio’s planned exit from Australian coal to focus on iron ore, copper and aluminum.

Thor Mining upbeat on Nevada tungsten project after price rally

Pilot Mountain tungsten project said to be "quite a monster," with five-to-ten years life as a low-cost open pit and 15-year underground life after that.

Spotlight turns to dated mining executive incentive schemes as early annual report insights emerge

Mining companies must reassess traditional remuneration practices and adjust to a new business climate, early insights say.

Elliott tours BHP investors in renewed push for radical shake-up – sources

Representatives from Elliott have in the last month met with major BHP investors based in London, South Africa and Australia to lay out the activist fund's arguments for an overhaul of the miner.

Iron ore dangerously close to $60 a tonne

Ongoing concerns that looming steel production cuts in China on environmental grounds will sap steel mill demand continue to weigh on prices.

Australia state kills plan to hike gold mining tax over job fears

Proposal sought to raise hundreds of million of dollars in additional taxes on gold mining, but industry warned the step would spark job losses.

A world first at Roy Hill

RCT and Roy Hill have joined forces to ensure safety at the prominent mine site.

Mercury from the northern hemisphere reaches Australia

By tracing the air backwards in time, the scientists found that high-mercury air travelled over the Indonesian archipelago before arriving in Australia.

Newcrest Mining looks to solar at Cadia mine as power prices soar

Newcrest Mining chief executive Sandeep Biswas says the gold miner is examining whether a solar farm could be installed at it flagship Cadia mine in NSW to help insulate the operation from soaring electricity prices.

New program in Queensland aims to attract 3,000 new mining jobs

The Queensland Government is getting behind a pilot program that, together with an industry group, is hoping to bring thousands of mining equipment and services positions to the Bowen Basin within the next decade.

Australians protest Carmichael coal mine in 'national day of action'

Australians opposed to the Adani Group's Carmichael coal mine in the Galilee Basin of Queensland expressed their displeasure at the project on Saturday.

Russia takes advantage of China's North Korea coal ban

As North Korean imports of anthracite coal have waned with sanctions, those from Russia have soared.