Australia Mining News

Rio finds one of its largest white diamonds ever at Argyle mine

The 28-carat diamond, named Argyle Octavia, will be auctioned in Antwerp, Belgium.

Australian mining group asks government to repeal nuclear power ban

The Minerals Council of Australia issued a communiqué following Scott Morrison’s comments where he said he would be okay with receiving proposals from the nuclear energy industry.

How energy-deprived areas benefit from vanadium redox batteries

Vanadium redox flow batteries have a 20+ year lifespan and at the end of the battery’s mechanical life, the electrolyte can be re-used over and over again.

Fortescue pares annual iron ore shipments guidance after cyclone

The world's no. 4 iron ore miner cut its fiscal 2019 shipments estimate to 165 million-170 million tonnes, down from 165 million-173 million tonnes.

Australia’s South32 Q3 coking coal production down 37% vs Q2, beats estimate

Production of coking fell to 990 kilo tonnes during the March quarter from 1.6 million tonnes in the second quarter.

Done deal: Newmont Goldcorp becomes world's No. 1 gold miner

Newmont Goldcorp is now the world’s largest gold producer by market value, output and reserves, as well as the only bullion producer listed on the S&P 500 Index.

BHP cuts FY iron ore production guidance as cyclone hits output

The Anglo-Australian miner lowered projections for its fiscal 2019 iron ore production to 265 million-270 million tonnes.

Global gold production to hit fresh record in 2019

New report "debunks commentary calling for peak gold."

Rio Tinto warning may rupture mining industry into green and dirty

Rio Tinto's warning to mining lobby groups that they have to acknowledge the threat of climate change is likely a sign that the industry will inevitably fracture into two camps.

Australia's flood-damaged Mt Isa zinc railway to reopen April 29

The 1,000-km rail line is used by miners including Glencore, MMG Ltd and South 32 to carry zinc and lead concentrate.

Australia's Lynas posts 33% jump in Q3 rare earths output amid takeover interest

Output of rare earths oxides in the quarter ending March 31 was 5,444 tonnes, compared with 4,110 tonnes produced last year.

Latest Orica Digital Platform Features Help Boost Productivity and Blasting Quality

Melbourne, Australia: Orica (ASX: ORI), the world’s largest manufacturer of commercial explosives and innovative blasting systems, today announced the release of new features to their digital blast optimisation platform, BlastIQ™.

Newmont-Goldcorp $10B merger to close this week

Deal creates the world’s largest gold producer by market value, output and reserves.

Rio Tinto injects another $302m into Resolution copper project in Arizona

Investment will go towards more drilling, orebody studies, infrastructure improvements and permitting activities.

Coal's collapse crowns winners and losers from China to the US

It’s been a stormy month for benchmark coal prices in Asia, with the potential for reverberations across the globe.

Newmont shareholders overwhelmingly approve $10B Goldcorp takeover, creating world’s top gold miner

Deal creates the world’s largest gold producer by output, robing Barrick of its recently cemented supremacy.

Australia to host battery research centre

The centre will investigate opportunities for greater efficiencies in the extraction and refinement of battery minerals.

Australia's New Century Resources quarterly zinc output jumps 50%

The company churned out 18,170 tonnes of zinc metal in the March quarter.

Lynas board turns down $1.1B Wesfarmers bid

The rare earths miner said its board had concluded it would not engage with retail and industrial conglomerate Wesfarmers, stating its unsolicited takeover offer undervalues Lynas' intellectual property.

SolGold scores again at Cascabel project

The miner has found further mineralization at its Cascabel copper-gold project. Cascabel is believed to have the potential to become one of the largest copper-gold assets ever discovered.

Rio Tinto says fire damages Pilbara iron ore operation

The company does not say whether this would impact shipping of the mineral.

Adani's Australian coal mine wins further environmental approval

The company has taken a step closer to the construction of the Carmichael coal mine in Australia after winning federal approval for its groundwater management plan.

As Goldman backs off, Citi says chase iron ore rally to $100

Iron ore’s poised to hit $100 a ton, according to Citigroup, which highlighted “very, very low” seaborne cargoes just as data from China may show a pick-up in demand.

Is coal's slump overdone? Australia's resilient exports suggest maybe

There are some signs that the rapid decline in thermal coal prices in recent months has moved the market into oversold territory.

Lynas weighs up rare earths processing in Australia as Malaysia ups pressure

Lynas, one of the world’s main suppliers of rare earths outside China, said it was open to processing materials closer to its Australian mine if that meant it can renew its licence in the Southeast Asian country.