Synergy Resource Capital is pleased to announce that it has successfully identified a lithium project in Argentina for Millennial Lithium, a publicly listed company trading in the TSX Venture Exchange.
Australia Mining News
The world’s third-biggest gold miner said its net earnings will also benefit from weaker operating currencies in South Africa, Brazil, Australia and Argentina.
It produced 86.82 million tonnes of iron ore in the April-to-June period, down 2.8% from a year earlier.
Australia’s largest mineral-sands producer, Iluka Resources, is seeing a turnaround in prices for its products.
Gold hit a three-week low in early US trading Wednesday, but analysts believe the overall trend is upward.
Shares plunged after miner revealed that output fell almost across the board in the April – June period.
World's top miner expects to produce 1.7 million tonnes in 2017 as output at giant Escondida mine jumps 9%.
Recovering commodity prices and investors' veto on deals have frustrated Davis and his team in their search for mining and metals bargains.
Australia is teetering on the edge of a massive hole – one left by huge mines that may soon close.
The approval of Iron Hill mine would the iron ore producer to remain in business for another two to three years.
Lithium prices have soared in the past year, and demand is set to outstrip supply by 2023.
The firm said about 40% of its Brazilian workforce would take voluntary redundancy to reflect reduced production.
Queensland has released a final report into the re-emergence of coal worker pneumoconiosis, which confirms that a health screening system thought to protect underground coal workers has failed.
It expects to fetch between $755 million to $1.1 billion for the nine trains, which carry coal from mines in NSW to port operations on Australia's eastern seaboard.
Chinese import price for 62% iron content fines at the port of Qinqdao rose 6.7% to $59.38 a tonne, the largest one-day percentage increase since April 21.
Study shows there are more bullion miners among higher market capital ranking of mining companies in second quarter of 2016 than a year a go.
Dept of Industry says loss-making mines are staying open for longer than expected aggravating oversupply.
A suite of high grade gold assets in South Korea, most of them historic underground or artisinal gold and silver workings, some of which extend over a large footprint, are to be acquired by Australian gold producer, Southern Gold Limited (ASX: “SAU”).
Red metal production at the copper-uranium mine is expected to hit around 230,000 tonnes by 2021, but there is potential for up to 450,000 tonnes per year.
Adelaide-based Reclaim PV has teamed up with major solar panel manufacturers who distribute in Australia and is refining its processes as well as lobbying for panels to be included in recycling regulations.
SOME of the first geological images of one of the world’s last unexplored mineral frontiers have glimpsed the mining potential of Australia’s vast Nullarbor Plain.
With the expansion, Escondida is targeting an average output of 1.2 million tonnes a year over the next decade, up from about 940,000 tonnes it produced last year.
The Blair Athol mine, closed in 2012, would be the second Australian coal asset in a year to be sold for just A$1.
BHP has been developing its own Canadian potash mine — the Jansen project — in Potash Corp's backyard, and has already invested about $3.8 billion on it.
Australia has about 40% of the world's uranium reserves and exports nearly 7,000 tonnes of yellow cake annually.