Australia Mining News

This is the next major copper-gold project in South Australia

Construction at Carrapateena will commence next year, with first production in 2019.

Iron ore jumps to two-week high

Firmly back above $50 a tonne as miners' cost deflation eases.

Top miners squandered $200 billion during boom

Capital spending by the world's largest miners since 2010 amounted to $632 billion – 32% of which has now been written off says new report.

Hatch positions for growth in Oil and Gas sector in Australia–Asia

Hatch is further strengthening its services and capabilities in the oil and gas sector to pursue new opportunities for growth in the Australia–Asia region.

Australia's highest-grade flake graphite deposit gains mining approval

Lincoln Minerals has been granted a 21-year lease for the 300-hectare Kookaburra Gully graphite project on South Australia’s Eyre Peninsula.

Pacific Environment seizes opportunities in Australia's rising resource exports

Pacific Environment has identified ports as an opportunity for environmental monitoring solutions because Australia’s growing resource exports (LNG exports alone are expected to triple by the end of the decade) are placing greater pressure on our ports, which in turn increases the environmental hazards such as concentrated smog and dust and the discharge of sewage, bilge water and oil pollution.

Commodities storming back into bull market

Most analysts believe the commodities market has turned a corner and that prices are unlikely to return to lows seen in the past year.

Here are the world’s top 10 gold producing mines

This year, global production is expected to level out as project development budgets were slashed during the three-year gold bear market. But with gold prices rebounding, miners are in a good position to be much more profitable.

Iron ore price rout accelerates

CHARTS: Down 26% in a month the forward curve now points to the low $30s.

Basslink failure has cost Tasmanian economy $560 million to date

And while the Singaporean-based owners of the Basslink infrastructure have now targeted a revised restart for the end of this month, the new EnergyQuest report released today says the Basslink related economic losses to date are at best conservative.

Who's heard of Scandium?

Scandium promises to be a future wonder metal. And Australia is likely to become its major source of supply.

Low coal prices force Glencore to shut Australia’s Tahmoor mine

About 350 people will lose their jobs when the mine closes in early 2019.

New Chair of Minerals Council of Australia

Statement from Minerals Council of Australia

Vale said to have altered crucial data from dam disaster

Federal investigators claim Vale modified official documents detailing the chemical composition and concentration of the mineral waste spilled.

The big, the deep and the just plain crazy — mining and drilling facts and feats

It’s only when something crazy happens that we normal folk start to take notice, which has given mining something of a reputation with most people.

Australian coal exports to Thailand four times higher

The figures demonstrate that developing nations in South East Asia require high quality coal to meet increased electricity demand, powered by the growing urbanization of the population.

Glencore bids for Anglo American’s coal mines in Australia — report

Other firms interested in the mines include BHP Billion, South32 and X2, with varying reports as to which remain in contention.

Australia's mining project pipeline dwarfs other countries

Significant brown and greenfield projects through 2020 nearly outnumber the next ten countries on the list.

Here comes the half conveyer-belt, half train hybrid

Elevated below rail technology has the potential to open up significant mining assets long considered stranded.

BHP to boost copper output, lower costs at vast Olympic Dam

BHP wants find a way to up output for the industrial metal from its Olympic Dam by 40% even before a proposed and long-awaited mega-expansion of the operation takes place.

Nautilus underwater project in Eastern Pacific richer than thought

Inferred mineral resources for Nautilus' CCZ project went up to 685 million tonnes from 410 million tonnes.

Boom in private debt financing for mining

Australia's Taurus raised $683m to invest in mining company debt last year, while two funds currently in the market are targeting investor capital of $800m.

The gold mine Barrick may regret selling

K92 Mining (KNT.V) is poised for production at its Papua New Guinea (PNG) gold project and lists on the TSXV tomorrow under the symbol KNT.

Iron ore price falls 5% – China scrap adds to oversupply fears

China's steel association warns accumulated steel output will exceed 10 billion tonnes in 2016 as scrap prices drop below pig iron costs inside the country.

Rio Tinto makes management changes

Rio Tinto has appointed Stephen McIntosh as the acting Group executive, Technology & Innovation