Australia Mining News

Australia's top gold miner boosts bet on Ecuador copper project

Newcrest Mining has upped its holdings in Ecuador-focused explorer SolGold to 15.33% from 13.83%, nudging further ahead of the company's second biggest shareholder BHP.

AngloGold Ashanti’s Tropicana gold mine can go underground — study

A prefeasibility study into the development of a mine beneath the Boston Shaker pits confirmed the technical and financial viability of an underground mine at AngloGold Ashanti and Independence Group's Tropicana operation.

Orocobre shares crushed on weak lithium prices, outlook

Low pricing achieved recently has been affected partly by soft market conditions in China, the Brisbane-based lithium miner said.

Australia's Kidman Resources, LG Chem ink lithium hydroxide deal

Kidman will supply 12,000 tonnes of lithium hydroxide a year to the diversified chemicals company for 10 years.

Havilah inks agreement for Australia’s largest undeveloped open pit copper-gold deposit

The move brings the company one step closer to being granted a mining lease.

Rio Tinto, China Baowu in talks to extend Pilbara iron ore JV

The miner and one of the world's top steelmakers, have agreed to negotiate a possible extension to their iron-ore joint venture in Australia.

New ramp at BHP’s Olympic Dam doubles capacity

The Kalta decline is key to reaching the Southern mine area where BHP is mining high grade copper resources.

As global equities take a hit, gold miners are doing fine

Until now, gold has played second fiddle to the U.S. currency as investors have sought a safe haven in the face of trade war uncertainty now, we see gold’s appeal firming.

Mitsubishi kisses thermal coal goodbye, sells Aussie mines

Japan’s biggest trading house is selling its 31.4% stake in Clermont coal mine to a 50-50 joint venture between Glencore and Sumitomo Corp, and its 10% stake in Ulan coal mine to Glencore.

Only 13% of board members in the mining industry are women: Bedford

When it came to analyzing named executive officers in mining firms, only 8% were women.

New technology allows for digging 100 feet below water

MineWare experts have extended the capability of its Pegasys Dragline Monitor to support underwater digging.

These are the three main trends to shape the diamond industry in 2019

According to Bain & Co., diamond miners and retailers will face an Increasing influence of digital technologies, growing presence of lab-grown stones and shifting preferences of younger generations of consumers.

OceanaGold allowed to resume activities at New Zealand’s Martha pit

The Martha pit was shut down in 2015 when a major slip and a rockfall affected the area.

Australian rail workers postpone coal haulage strikes as cyclone looms

Aurizon's 4 major railways in the Bowen Basin of Queensland, the world's largest coking coal export region, carry coal from mines owned by BHP Billiton , Glencore , Anglo American and Peabody Energy.

Mineral Resources inks $1.15B lithium JV deal with Albemarle

The joint venture will allow the American lithium producer, the world’s No. 1, to expand its presence in Australia.

Capturing the value of veterans in mining

Capturing the diverse skills and talents of highly-trained defence force personnel as they transition to civilian work requires a specialised approach.

Indonesia coal miner Bayan completes A$226m buy back of Kangaroo Resources

"The aim of this share purchase is so that the company can have full control over its subsidiaries owned indirectly by Kangaroo Resources."

Australian rail workers plan strikes that could hit key coal haulage tracks

Coal railway workers at Australian hauler Aurizon Holdings Ltd are planning strikes after a breakdown in pay negotiations, their trade union said.

Kirkland Lake drills high grade extensions at Fosterville

The company expects to produce at least 330,000 oz. gold in 2018 at Fosterville.

Australia plans deal with US on 'critical minerals', hopes to boost its exports

This will mean Geoscience Australia and the United States Geological Survey (USGS) will work closely on exploration, extraction, processing and research and development.

BHP calls off sale of Cerro Colorado copper mine as buyer backs out

The world’s No.1 miner had decided to offload Cerro Colorado mine in May last year, as part of chief executive Andrew Mackenzie’s bid to focus on large assets in commodities such as iron ore, copper and oil.

Ultra Power tags Canadian technology for world’s first dedicated vanadium processing facility

VanadiumCorp and Electrochem Technologies and Materials have signed a patent option agreement allowing Ultra Pure Systems to purchase an exclusive licence to their VanadiumCorp-Electrochem processing technology (VEPT)

Kirkland Lake Gold forecasts 10-15% production growth

Production growth in 2019 will be driven by its Fosterville mine in Australia.

Lithium Australia officially acquires Youanmi project

The project consists of three exploration licences in the Archean Yilgarn Block, 450 kilometres north-east of Perth.

Rio's partner in Aussie copper project says nothing great about it so far

Antipa Minerals reported "weak mineralization" in a target area that is part of the Citadel project, which has been touted as likely rich in copper.