Australia Mining News

New software uses machine learning to refine loading and haulage processes

The program was initially designed by a master’s student at the University of Western Australia.

Singapore's Alliance Minerals reframes lithium supply deal, seeks new customers

Several new Australian lithium mines started production in the past year, with global demand expected to surge on take-up of electric vehicles.

Lion One buys drill assets in Fiji

The purchase would allow the North Vancouver miner to prepare for drilling at its 100%-owned Tuvatu gold project.

Rio Tinto calls force majeure on some iron ore shipments after fire in Australia

Rio Tinto is assessing the full impact of the damage and will do all it can to try and minimize disruption to our customers.

Newmont grabs Goldcorp in $10B deal that creates world's top gold miner

Massive deal creates company that challenges rival Barrick as the world’s largest gold producer.

Gold miners to remain cautious in 2019: report

The largest firms in the world are likely to remain committed to spending cuts.

Ranger uranium mine closure to cost over $200m more than expected

The clean-up is now predicted to cost A$808 million — A$296 million (about $213m) more than ERA's initial A$512-million estimate.

Anglo American betting on South America to grow base metal assets

Anglo American has obtained hundreds of permits to explore in the Brazilian states of Mato Grosso and Para.

Fire batters Rio Tinto's Cape Lambert iron ore export terminal

The port is one of two terminals Rio Tinto uses to ship iron ore from Australia's Pilbara mining region.

Kirkland Lake gold production hits record high

The Canadian gold miner announced record gold for both 2018 and the fourth quarter of the year, thanks mainly to higher-than-expected output at its Australian Fosterville mine as well as its Ontario-based Macassa and Taylor operations.

Canada's Cobalt 27 goes after lithium with royalty acquisition

Cobalt 27 will put in about $9 million into a share of production at Mineral Resources and Jiangxi Ganfeng Lithium's Mount Marion lithium project in Western Australia.

Top 3 reasons to avoid running project cost estimates in-house

There are real costs associated with conducting project cost estimates in-house.

Tropical cyclone hits far North Australia near Rio Tinto mine

Tropical Cyclone Penny slammed into the far north coast near Rio Tinto Group’s Weipa bauxite mine, triggering warnings of flash flooding and damaging winds.

Cobalt 27 to acquire ASX-listed Highlands Pacific

The acquisition, valued at $96 million, will increase Cobalt 27’s exposure to nickel through the Ramu nickel-cobalt mine in Papua New Guinea.

Blackwater founder launches fund to invest in electric car battery metals

The founder of the US private security company aims to raise as much as $500 million to invest in deposits of metals such as cobalt, lithium and copper.

MINING.com top 10 most read in 2018

The attention of the mining industry has shifted.

BHP, Rio, Vale stock bested Apple, Google, Facebook in 2018

It's been a tough year for mining, but the Big 3 were still a better investment than the FAANGs in 2018.

Rio Tinto says no job cuts in 2019 due to driverless train project

The $940 million rail project, AutoHaul, is focused on driverless train movement to transport ore and has been in development since 2012.

Human activity creates 208 new mineral species

Study shows mining has sparked "unparalleled inorganic compound diversification" like rabbittite at Lucky Strike, Utah and a handful found on smelter walls

How to profit from low-grade gold mines

Mining costs rose steadily through the 2000s which should have hurt a lot of gold miners. But it didn’t.

Indian billionaire's Australian mine plans face further delay

Adani can start work on building the rail line to connect Carmichael to Queensland’s freight network, but cannot start building the mine just yet.

Lucapa Diamond locks in Mothae mine funding

The Australian diamond miner has secured 100 million rand (about $7m) in development funding for the Lesotho mine from South Africa’s Industrial Development Corporation (IDC).

Tasman Mining to bring historic New Zealand mine back into production

The Blackwater mine was once the most prolific mine in the Reefton Goldfield, producing 700,000 ounces of gold between 1908 and 1951.

The year that politics broke the metals cycle: Andy Home

In a world where the Trump Administration is leading a return to economic and resource nationalism, it’s hard to see how global metals can break free of global politics.

Clean TeQ's Sunrise nickel-cobalt-scandium project gets green light

Sunrise is one of the highest grade and largest nickel and cobalt deposits outside of Africa and one of the largest and highest grade scandium deposits in the world.