Australia Mining News

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.

Lead production expected to grow in 2019 – report

Wood Mackenzie forecasts that global lead production will increase in 2019 by about 250 kt.

Rio Tinto to remain strong despite difficulties—report

A key asset is the Oyu Tolgoi copper project in Mongolia, which will partially diversify the miner's earnings away from iron ore.

EY appoints new global mining and metals leader

Paul D. Mitchell has been named the new EY global sector leader for mining and metals.

Miners BHP, Rio urge permanent voice for First Nations in Australia's parliament

"A First Nations' voice to parliament is a meaningful step towards reconciliation," BHP Chief Executive Officer Andrew Mackenzie said.

Fortescue says Vale impact uncertain, sees demand for mid-grade iron ore

The loss of about 40 million tonnes of annual supply is expected to boost demand for Australian ore.

Australia's Fortescue's Q2 iron-ore shipments rise 5 pct

New mid-grade products helped lift output amid worries of slowing Chinese growth.

Near-record high vanadium prices boosts Bushveld Minerals 2018 results

Repair work in the fourth quarter slightly impacted production, but that was more than offset by surging vanadium prices as demand for the metal grows.

Danakali’s potash project could be a game changer for Eritrea — UN

UNDP says the Colluli potash project has the potential to significantly boost Eritrea’s economy and advance the country’s sustainable development agenda.

Australia's Newcrest Mining posts 7% rise in Q2 gold output

Newcrest said it continues to expect gold production in the second half of the year to be higher than the first half due to fewer planned shutdowns.

BHP hit with $59 million tax bill on Singapore profits

Federal Court said BHP must pay tax in Australia on profits made by its Singapore-based marketing arm on the sale of commodities owned by the UK arm.

Rethinking mining strategies among the top-10 global trends to shape 2019

Mining companies now need to determine how to operate in a market that is characterized by rising stakeholder demands, a widening talent gap, as well as dwindling access to key inputs such as energy and water, says Deloitte in its latest annual report.