It's newly approved Silvergrass mine will make its margins even fatter.
Australia Mining News
"The global economy seems stuck in a subdued low-productivity growth pattern," says world's number two miner after reporting lowest earnings in 12 years.
$20 billion West African iron ore mega-project had the potential to lower long-term iron ore price by $5 per tonne according to new report.
Bauxite miners ride the wave as China steps up aluminum production.
The concept has been around for some time in various fields, including new technology, entertainment and media, and has been relatively successful. As a result, some mining companies have decided to utilise it.
I expect that the Mining Industry will look very different in 20 years.
The loan agreement will assist Flinders in meeting its short term capital requirements.
Vedanta Resources’ chairman Anil Agarwal allegedly approached Anglo in several opportunities earlier this year to discuss potential tie-ups.
Barrick's off-loading half of the Kalgoorlie Super Pit and Newmont, its partner and operator of the iconic Aussie mine, would be the natural buyer.
The miner said its turnaround plan was “on track” as it slashed debt and beat earnings forecasts in the first half of the year.
With this jump, the commodity's gains are close to 9% for the week and almost 40% so far this year.
Judging of the 250 entries in the 2016 Aurecon Bridge Building Competition has begun, with the first of eight judging events around the country commencing today at the Adelaide Judging Day of entries from 13 schools at the Art Gallery of SA.
Companies responsible for the majority of fossil fuel products that have been manufactured, marketed, and sold since the industrial revolution and have contributed the lion’s share of cumulative global emissions of industrial CO2 and methane, have been ordered to respond to a legal petition that triggered the first-ever national human rights investigation concerning climate change.
China Miners' Association want action against Vale, Rio Tinto and BHP Billiton for flooding domestic market with cheap ore.
Cardno Spectrum Surveyors of Kalgoorlie has been commissioned to commence survey work
CAT said commodity prices remain on the low end and had yet to translate into increased mining activity or higher demand for equipment.
Most of them have been after existing operations and companies, rather than trying to build mines from scratch.
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.
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.