Australia Mining News

RNC enters A$50m purchase option for Westgold’s Higginsville

RNHigginsville contains 5.9 million proven and probable tonnes grading 1.92 grams gold per tonne for 367,000 oz. gold.

Australia's Wesfarmers makes $1.1B bid for rare earth miner Lynas

The offer represents a premium of nearly 45% on Lynas' closing price on Monday, but comes come with some significant conditions, including the rare dearth miner securing all necessary licences in Malaysia.

Australian miners see some impact from two cyclones, clean up begins

Businesses affected included those in the iron ore export hubs of the Pilbara region, as well as Rio Tinto's bauxite operations in Weipa to the east.

China's Feb coking coal imports from Australia fall 21%

Australian imports were at 1.16 million tonnes last month, compared to 1.47 million tonnes in February 2018.

Newmont offers special dividend if Goldcorp takeover approved

The one-time special dividend, worth $470 million, will be given to Newmont's shareholders only if its friendly takeover of Canada’s Goldcorp is approved.

OceanaGold walks away from exploration projects in Argentina

Two years, $4.5 million later, the Australian miner concluded results to date don't meet its expectations.

Rio Tinto halts rail, mine operations in Western Australia as cyclone hits

The suspension comes after Rio, BHP, and Fortescue on Thursday cleared their ships from ports ahead of Cyclone Veronica.

Glencore suspends Australian zinc mine as cyclone nears

Authorities have declared a state of emergency in the region as Tropical Cyclone Trevor nears.

Australia's Jervois to choose nickel-cobalt JV partner by end of 2019

Jervois, whose management is made up of ex-Glencore executives, is developing the Nico Young deposit in southeastern Australia.

Australia clears iron ore ports, miners brace as cyclones approach

The northwestern ports of Port Hedland, Dampier and Ashburton were beginning to clear anchorages and berths.

BHP steps up efforts to win battle for Ecuador’s copper riches

The world’s largest miner has signed an earn-in and joint venture deal with Canada’s Luminex Resources over the Tarqui copper project.

Imperial Metals pulls ‘a rabbit out of the hat’ with Red Chris deal

Investors ‘flabbergasted’ at $1.1b stake taken in Red Chris mine by Australia’s Newcrest.

Cyclone lurks off West Australia as storm hits Rio mine in East

Cyclone Trevor is expected to rapidly strengthen as it moves into the Gulf of Carpentaria, and is forecast to skirt South32 Ltd.’s manganese mine and a Glencore-operated zinc project

Data scientists and geoscientists offered A$1m to predict next big mineral deposit in South Australia

The idea is to speed up the exploration lifecycle and allow miners to analyse information at a much faster rate than before.

Australian scientists developing tool capable of delving deeper into Earth’s rock layers

The experts from Curtin University say the mechanism promises to be crucial for the country's mining and petroleum sectors.

Rio Tinto halts operations at north Australian bauxite mine as cyclone nears

Weipa bauxite mining operations are located at the northeastern tip of the country.

Australian junior wants to grab Glencore’s copper mine for $575 million

The underground CSA mine, located in the state of New South Wales, produced 48,000 tonnes of copper concentrate last year.

Taxes and royalties paid by Australian miners equivalent to Federal Government education spending

Aussie miners paid A$30.6 billion in company tax and royalties in 2017-18.

BHP blames heavy rains for autonomous trucks crash

The collision between the driverless vehicles happened about 11pm on March 16, at the Jimblebar iron ore mine in Western Australia.

Chinese go-slow on Australian coal imports may be starting to show

Chinese coal traders are reported to have cut back on buying from Australia after the length of time taken by customs to clear cargoes reportedly doubled.

Havilah Resources to explore for additional copper-cobalt resources in the Mutooroo district

The Mutooroo copper-cobalt district is located in New South Wales, eastern Australia.

Rio Tinto rejects push by activist shareholders to reveal emission targets

Miner has hit back at a push to make it more accountable for carbon emissions produced by its customers, including Chinese steel makers.

Newmont’s Tanami gold mine to curb emissions by 20%

Project included the installation of two power stations, a 66 kV interconnected power line, and a 450 km natural gas pipeline.

Lucapa finds fourth +50 carat diamond at Mothae mine in Lesotho

While the 83.9 carat rock was not gem-quality, Lucapa says the find continues to underline the large-stone nature of the kimberlite resource.

Nickel demand growing thanks to EV boom

The need for nickel is starting to rise at a time when its price is too low to incentivize new project development.