Australia Mining News

Legal fight, delays force Adani writedowns on Carmichael coal mine

The writedowns are said to stem from Adani being forced to duplicate studies and redesign elements of the Carmichael project due to delays in regulatory approvals and ongoing legal challenges.

Copper hotspots identified in northern Australia

Recent data released by the Northern Australian Geochemical Survey reveal that there are potential copper hotspots on the Queensland-Northern Territory border.

Nutrien speeds up sale of $4bn-stake in Chilean lithium giant SQM

The world’s largest potash miner said it expected to have an announcement on the matter by the end of June.

Structural reforms needed to deliver long-term prosperity in Australia

With resources accounting for more than half Australia’s total export earnings, it is clear that the minerals industry is important to economic prosperity.

China lithium top player boosts investment in emerging Australian miner

Chinese companies continue to aggressively try securing steady supply of lithium, a key ingredient in the making of batteries that power electric cars.

Biggest miner says China's shift to quality iron-ore will hold

BHP forecasts reforms in China’s steel sector will continue to hand an advantage to suppliers of higher-quality iron ore and coking coal as consumption of the alloy keeps growing well into the next decade.

Australia's Newcrest: Cadia mine to return to full production by mid-2018

The miner said it had begun depositing tailings into the Cadia Hill open pit over the weekend.

Australian lithium miner, Chile's SQM choose site for new plant in West Australia

Kidman Resources has chosen a site in Kwinana, Western Australia with Chilean joint venture partner SQM to develop a lithium processing plant.

The benefits and pitfalls of mining automation

Automated mining technologies require governments and the mining industry to consider how efficiency gains will change local mining communities.

You don't have to dig a mine to run one, female leaders say

The materials industry, which includes miners, trails all other sectors in the Bloomberg World Index on rates of female participation.

Climate resolution at Rio meeting heralds coming climate avalanche: Russell

Rio Tinto shareholders that voted in favour of a resolution calling the miner to review its membership of the Minerals Council of Australia (MCA) and other lobby groups.

Lucapa finds yet another large diamond in Angola

The 46-carat pink diamond is the largest coloured gem-quality stone ever recovered at the company's Lulo project.

War on coal making the world's top mine owners a lot richer

Anglo American Plc, Glencore Plc and BHP Billiton Ltd. are generating the highest profits in years from their coal mines.

Rio Tinto to double number of autonomous drills at Pilbara mines

Driverless trucks at the same iron ore operations already haul over a quarter of both ore and waste material.

LNG exports from Australia to reach $35 billion

With Australia predicted to be the leading LNG exporter by 2022, growth in the industry has been strong this year.

Australia corporate watchdog expands legal action against Rio Tinto, former executives

The global miner has denied any wrongdoing in a similar case brought by the U.S. Securities and Exchange Commission.

Australia's Mineral Resources says to sell minority stake in lithium project

Mining services provider Mineral Resources Ltd on Tuesday said it was looking to sell a minority stake in its Wodgina Lithium mine in the west of Australia.

Halted Botswana diamond mine to be sold at online auction

The Lerala Mine was opened in 2008 and had to be shut twice due to weak sales, until it was placed under judicial management last year.

Australia’s Galaxy hires JP Morgan to advise on $376m-lithium project options

Australian lithium producer Galaxy Resources said it was evaluating “strategic options” for its project in Argentina, which remains in the feasibility stage.

Dominicans protest against EnviroGold’s operations

The protesters say the running water that they receive from local rivers has been declared unfit for human consumption.

Why the lithium bears are wrong

What the bears seem to have in common is the belief that a rush of new lithium supply will soon hit the market.

China says Chile move to block $5bn SQM lithium deal could be harmful

If China’s Tianqi grabs a stake in Chile’s SQM, the world’s lowest cost lithium miner, it would mean the top three producers would control at least 80% of the total market, Chile’s government has said.

Newmont profit soars on higher gold prices, claims top bullion miner title

Despite seeing gold output decline by 2%, Newmont claimed the title of world’s biggest bullion producer as it surpassed rival Barrick by 16,000 ounces in the first three months of the year.

Minotaur and Andromeda form star alliance

Andromeda may earn up to 75 per cent interest in Minotaur’s kaolin-halloysite deposits in South Australia through the expenditure of $6 million over a period of up to 5 years.

Australian gold miner Newcrest downgrades full-year production forecast

Newcrest now expects production of 2.25-2.35 million ounces of gold for the full-year ending June 30.