Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year.
Australia Mining News
Many in the industry have emphasized the importance of copper in the quest for a lower carbon economy.
The move is aimed at providing a tool for institutional investors to assess the risk from their holdings in mining companies.
The deal also will be voted on by Newmont shareholders next Thursday. If approved, the deal is expected to close by June.
Australia’s largest gold producer has been searching for juniors with appealing assets in Western Australia's Paterson region to jointly develop them.
The diamond producer has inked deals with New Azilian and Equigold, following the delivery and de-risking of the Lesotho-based mine, which began commercial production in December.
Hay is currently head of resource development at mineral sands company Iluka Resources Ltd.
With a market facing a global deficit, the world’s biggest iron ore export port is flagging a timely boost in shipments as Fortescue and rivals bring on new mines in Australia’s Pilbara region.
Futures topped $90 a tonne on Wednesday amid increasing concern the crisis at Brazil’s Vale SA will be drawn out as regulators ordered dozens of dams to be shut.
Australia is joining the growing number of nations looking to compete in space. Its advantage? Half the country already looks like Mars.
The price, which serves as an industry benchmark for supplies of seaborne thermal coal in Asia, was 14% lower than a price agreed for the year through September this year.
The announcement follows the company's commitment to build the $1.3 billion Eliwana iron ore mine last year.
Iron ore prices in China reached a record high on Tuesday as market participants wrestled two dilemmas, namely the weather-related disruptions from Australia and the safety outages in Brazil.
Its 2019 financial year production and unit cost guidance are under review because of the impact on the output.
Commodities had their best quarter in almost three years, but demand outlook is running into troubling signs in the U.S. and China, the two biggest consumers.
Rio Tinto on Monday cut its 2019 outlook for iron ore shipments from Australia's Pilbara region due to production disruption and damage caused by tropical cyclone Veronica, which hit Western Australia last week. The world's […]
Comments foreshadow an intense takeover battle for the only proven producer of rare earth elements outside China.
The Wesfarmers bid highlights an imminent change in attitudes where it cannot be denied that rare earths will play a major role in the future.
The plan puts emphasis on emphasis on agritech, aerospace, defense, renewable energy and telecommunications.
Work is scheduled to begin in the June quarter, with first gold expected in the second half of 2020.
The Bluewater business, which is also attracting interest from closely held Fieldwood Energy LLC, is focused on deep-water exploration in the Gulf of Mexico and could fetch about $1.5 billion to $2 billion in a sale.
Newmont's $10-billion acquisition of Canada’s Goldcorp is expected to close in the second quarter of the year.
BHP, the holder of the remaining interest in the mine, also completed its sale of their 50% interest to Sojitz.
Currently there are no set of universal rules defining exactly what a tailings dam is, how to build one and how to care for it after it is decommissioned.
Wesfarmers made a buyout offer of A$2.25 per Lynas share.