Australia Mining News

Anglo ending 2018 on high note, predicts higher output, lower costs

The diversified miner anticipates 2018 production to be 2% ahead of previous guidance and costs to be 5% below.

Tesla lithium supplier Kidman settles ownership row over Australian mine

The settlement unlocks payments by SQM that had been on ice during the dispute, and paves the way for development to get back on track

Bushveld Minerals fined for breaching AIM’s listing rules

The violations were the result of the South African miner failing to meet its regulatory obligations in relation to its undertaking to pay an exclusivity fee to the sellers of Vametco.

Malaysian uncertainties complicate Aussie miner Lynas' growth plans

Lynas $800 million plant on the east coast Malaysia began operations in 2012 after long delays caused by legal challenges and environmental disputes.

Losing licence to operate new and biggest threat to miners — EY

Mining companies across the globe now consider the risk of losing their licence to operate as the biggest risk to their businesses in the next two years

Lucapa kicks off commercial production at Mothae diamond mine

The operation will add to the Perth-based company annual output, until now on depending on just one mine —  Lulo, in Angola.

Lynas mulls legal action as Malaysia conditions licence renewal

The Australian rare earths miner said it was disappointed with Malaysia's decision to impose new conditions on its licence to operate in the country, adding it was considering all options, including legal action.

Australian mining initiatives to improve productivity, innovation

5 Key initiatives to aid the Australian mining and resources sectors to stride forward smoothly.

BHP gets green light to develop nickel mine in Western Australia

Using more nickel cuts costs by reducing the amount of expensive cobalt, a mainstay of current battery technology.

Malaysia tells Lynas to remove radioactive waste for licence renewal

It needs to be removed by September 2, 2019, when Lynas' temporary storage licence expires.

What to watch in commodities: Trump-Xi, OPEC, iron, Tesla, crops

It’ll be an important week for iron ore, which has been badly beaten up in November.

The lithium price bulls were right

OK; half right.

Kirkland Lake Gold's Aussie operation breaks production record

Based on the improved outlook for Fosterville, the Toronto-based miner now anticipates that its full-year 2018 consolidated production will exceed the current target range of 655,000 – 670,000 ounces.

Moody’s sees weak lithium prices in 2020 due to projects frenzy

Spot prices would be pushed down despite rapid demand growth from batteries for electric vehicles (EV) makers, the experts say.

Superior Gold drills Hermes South in Australia

The company is trying to expand the existing resource at Hermes South and determine if it could become another open pit mine.

Rio Tinto green lights $2.6B Koodaideri iron ore mine investment

Construction will start next year with first production expected in late 2021.

India's Adani says to fully fund its troubled Australia coal project

Taking a big step closer to building the long-touted project that has faced fierce resistance from green groups.

Rio Tinto to proceed with $2.6B iron ore mine in Western Australia

Construction for the project will start in 2019, with first production expected in late-2021.

Australia's Fortescue readies first shipment of new mid-grade iron ore

The new product is a major step in the miner's strategy to wring more value from its iron ore after profits halved last financial year.

This Australian mining tool could save lives world-wide

HEX-RITE is a lifting tool used for charging high explosives into drawpoints associated with block-cave, sublevel-cave and open stope mining.

BHP unveils world-class copper find near Olympic Dam in South Australia

It is already being called by some experts “the thickest high-grade copper intersection seen in years.”

Rio Tinto leads copper charge into Western Australia's Paterson region

Rio's interest in the area has sparked a stampede into adjacent lots by other explorers, who see Rio's aggressive activity as an indicator of a highly promising find.

MacMines Australia gets environmental nod for mega coal mine in Queensland

The company's 20,000-hectare China Stone thermal coal project is expected to produce 38 million tonnes of coal annually.

Gold production to grow in the next four years: report

According to Fitch Solutions, slightly higher prices and stronger company financial positions are encouraging greater mine investment.

Indonesia to settle Freeport environment issues in weeks – ministry official

That deal is expected to end years of wrangling over ownership rights to Grasberg, the world's second-biggest copper mine.