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.
Australia Mining News
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.
Low pricing achieved recently has been affected partly by soft market conditions in China, the Brisbane-based lithium miner said.
Kidman will supply 12,000 tonnes of lithium hydroxide a year to the diversified chemicals company for 10 years.
The move brings the company one step closer to being granted a mining lease.
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.
The Kalta decline is key to reaching the Southern mine area where BHP is mining high grade copper resources.
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.
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.
When it came to analyzing named executive officers in mining firms, only 8% were women.
MineWare experts have extended the capability of its Pegasys Dragline Monitor to support underwater digging.
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.
The Martha pit was shut down in 2015 when a major slip and a rockfall affected the area.
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.
The joint venture will allow the American lithium producer, the world’s No. 1, to expand its presence in Australia.
Capturing the diverse skills and talents of highly-trained defence force personnel as they transition to civilian work requires a specialised approach.
"The aim of this share purchase is so that the company can have full control over its subsidiaries owned indirectly by Kangaroo Resources."
Coal railway workers at Australian hauler Aurizon Holdings Ltd are planning strikes after a breakdown in pay negotiations, their trade union said.
The company expects to produce at least 330,000 oz. gold in 2018 at Fosterville.
This will mean Geoscience Australia and the United States Geological Survey (USGS) will work closely on exploration, extraction, processing and research and development.
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.
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)
Production growth in 2019 will be driven by its Fosterville mine in Australia.
The project consists of three exploration licences in the Archean Yilgarn Block, 450 kilometres north-east of Perth.
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.