Australia Mining News

Vedanta, others can transport royalty-paid iron ore from Goa -Court

India's Supreme Court in February quashed all iron ore mining permits in the southwestern state of Goa, one of the top producing states for the steel making raw material.

Australia's Newcrest Mining restarts processing at Cadia mine

The company expects to be at full mining rates within the coming weeks.

Murray & Roberts scores $313 million worth of new mining projects

South African engineering and construction group, currently subject of a takeover bid from Germany’s ATON, said projects were located in sub-Saharan Africa, North America and Australasia.

CHARTS: Mining rally running out of steam as copper price weighs

Cobalt, nickel still on the boil, but gloomier outlook reflected in copper price and fall in market value of top mining companies during first quarter.

South Australian geologists to drive a revolution in minerals exploration

New research centre has been established to help reduce the cost of mineral exploration in Australia in order to boost output.

Next phase at one Australia’s largest copper-gold projects gets OK’d

Permit allows Oz Minerals to start phase two of construction at Carrapateena copper-gold project, in South Australia, this month.

Why tiny diamonds make a Vancouver miner happy

“The recovery of micro-diamonds is extraordinary," said Lithoquest's President and CEO.

Mongolia arrests ex-minister in Swiss graft probe — govt

A Mongolian former finance minister, Bayartsogt Sangajav, has been arrested as part of an investigation into suspected abuse of power during investment talks for the giant Oyu Tolgoi copper mine in 2009.

Queensland’s resources sector wins gold in job numbers

Queensland’s resources sector is powering jobs growth across the State with Australian Bureau of Statistics (ABS) data showing an increase of close to 10,000 jobs in the February quarter.

Canada’s Asanko, South Africa’s Gold Fields team up in $203m Ghana JV

Companies are teaming up to develop one of the country’s newest gold mine, the Asanko Gold Mine (AGM).

Rio Tinto fully out of coal sector with $2.25bn Kestrel mine sale

Company has agreed to sell its 80% stake in the Kestrel mine to a consortium comprising of private equity manager EMR Capital and Indonesian coal company Adaro Energy.

Copper Mountain gains approval for $71m acquisition of Altona

The combination of the two companies will result in a mid-sized copper miner, with an expected annual production of about 73,000 tonnes of the metal.

Labour groups file OECD complaint against BHP and Vale over dam-burst disaster

The accident killed 19 people, left hundreds homeless and unemployed and caused sludge to wash downstream into the neighbouring state of Espírito Santo.

Fortescue cuts iron ore price outlook as Chinese production slowdown, trade tensions weigh

The company amended its guidance to around 65 per cent of the average benchmark Platts 62 CFR index.

Australia's Newcrest to recommence mining at flagship Cadia mine

Mining operations will restart at Cadia East, in accordance with predefined test and response program, the company said in a statement.

SolGold on a roll, confirms major copper-gold target at Ecuador project

Results from 11 of the 12 drilling rigs at its 85%-owned Cascabel copper-gold project, suggest there is much more intense mineralization in the property than thought earlier, the company said.

Shortlist Announced: Mines and Money Asia Outstanding Achievement Awards

Nominated by industry peers and chosen by an esteemed panel of judges, these awards are designed to recognize excellence and outstanding achievement over a wide cross-section of the Asia Pacific mining and investment sector.

Workers at Chilean mine Escondida accept early contract talks

Failure to reach a labor deal caused a 44-day strike at the mine last year.

Companies now looking for electric battery metals in the garbage

Soaring cobalt and lithium prices are pushing some companies to dig for them in the recycle bin, which some believe could be even more profitable than mining them.

Rio Tinto sees iron ore market to stay balanced through 2019: executive

Rio Tinto expects the global iron ore market to stay balanced through 2019 despite a likely moderation in steel demand growth in China, the world’s biggest steel consumer.

Aurecon named one of Australia’s top 25 employers

“Our strategy to build a future ready organisation through a focus on innovation, eminence and digital transformation is creating many opportunities to engage and excite our people and our clients,” said Global Chief Executive Officer Giam Swiegers.

Rio sells one of latest coal assets in Australia for $200 million

Australia's Whitehaven Coal is acquiring the Winchester South project, located in Queensland.

Apollo Minerals expands in the Pyrenees

The company has entered into an agreement to buy Aurenere, a project located in the northern Spanish province of Lleida.

RNC mulls selling Aussie mine to focus on massive cobalt-nickel project in Quebec

The company's Dumont cobalt and nickel project in Quebec is the world’s largest undeveloped reserve of both metals, with over 1 billion tonnes of reserves and a 33-year mine life.

Australian mining overseas: 50 key projects

These are projects driven from Australia, involving an Australian mining company and (in most cases) an Australian engineering consultant.