Australia Mining News

Thirty-year-old inactive Australia mine to host first of its kind clean energy storage facility

Terramin's Angas zinc mine will host a 5 MW Advanced Compressed Air Energy Storage facility.

Recommissioned Aussie mine dispatches first nickel concentrate shipment to China

Panoramic Resources' first shipment from the Savannah mine contained 7,735 wmt of nickel/copper/cobalt concentrate valued in approximately $6.1 million.

Not so autonomous: Wifi outage results in driverless truck crash at Fortescue mine

One of the trucks was traveling at low speed and ran into another that was parked at its Christmas Creek iron ore mine in Australia's Pilbara region.

Technology to redesign 77% of Australian mining jobs over next five years — report

An injection of A$5 billion to A$13 billion in workforce capability will be needed over the next decade.

Australia's South32 posts 18% jump in half-year profit

A surge in metallurgical coal output and stronger commodity prices helped boost its bottom-line.

Newcrest Mining H1 profit surges 104% on strong gold production

The rise was buoyed by an increase in gold production and lower cost of mining.

Australia flooding to disrupt lead, zinc concentrate rail shipments

The 1,000 km (620 mile) rail line is used by miners including Glencore, MMG Ltd and South 32 to carry zinc and lead concentrate from the Mt Isa region.

World’s largest mineral exploration alliance welcomes MICROMINE

The world’s largest mineral exploration collaboration, MinEx Cooperative Research Centre (CRC), has welcomed MICROMINE as the sole software provider to be involved in the landmark project. MICROMINE will provide information and advice on software solutions for mineral exploration as part of the $218 million CRC project, which was set up to develop new technologies to increase the discovery of new mineral deposits.

Bougainville’s $58B gold-copper mine rights safe for now as Mining Act changes rejected

The autonomous Papua New Guinea region of Bougainville has rejected controversial changes to its mining law.

Northern Star shares up on better-than-expected exploration results at Alaska mine

The company’s stock closed Tuesday in Sydney 1.82% higher at A$8.97 on the news.

Inside the global iron ore crisis: What's next in four charts

Iron ore’s dramatic rally will raise costs for steelmakers, potentially crimping their profit margins, unless they are able to pass on the additional burden to customers.

FLSmidth completes IMP buyout

The company said the acquisition is key to help miners in its portfolio know the ore characteristics within their mines.

Minerals Council of Australia calls for tax, workplace law reform

According to the industry group, such reform would encourage additional investment in capital and technology.

Osisko Mining owns the world's best drill intersection of 2019

Windfall gold project in Quebec tops list and Global Atomic Corp's uranium project in Niger comes in second.

Australia's Pacific National says coal train derailed, service impacted

A Yancoal spokesman said that its Moolarben Coal complex had been directly impacted by the train derailment but that it was too early to advise of any potential impact to customers

Trilogy Metals, South32 increase exploration budget for Alaska projects

Each company will contribute an additional $1 million for exploration at the Upper Kobuk mineral projects.

Where is lithium coming from?

Market for lithium-ion batteries, utilized for example in electric cars and other electric equipment, is growing at an impressive annual rate of 20 percent. Due to increasing demand, a vital raw material for these batteries, lithium, is possibly one of the most valuable minerals in the foreseeable future. But what is the best place to look for the “white petroleum”?

Glencore says heavy rain disrupts operations at two Australian coal mines

Major flooding has caused parts of Queensland to be declared disaster zones, resulting in two casualties and more than 1,100 evacuations.

Calidus shares soar after upping Warrawoona gold resources by 75%

Total mineral resource was upgraded to 21.2 million tonnes at 1.83g/t gold for 1.25 million ounces, up 75% from December 2017.

Aussie mining exports broke records in 2018

Coal became the number one export earner in 2018.

Lithium price: Spodumene is getting crushed

Hard rock lithium concentrate swamping China drops spodumene prices 17% in January with more pain likely.

Everything you need to know about VMS deposits

People are often not aware of where their most prized devices really come from.

OceanaGold reports 2019 guidance and exploration budget

OceanaGold Corp. says its mines will produce a total of between 500,000 and 550,000 ounces of gold and 14,000 to 15,000 tonnes of copper this year.

Visualizing corruption around the world

Today’s chart pulls its numbers from the recent 2018 Corruption Perceptions Index report, which has been published by Transparency International annually since 1995.