Australia Mining News

How to collect mining data

Mines making correct use of data are seeing improved results, says AMC.

BSGR boss Beny Steinmetz arrested in Israel over Guinea bribery case

The billionaire and other Israeli businessmen are suspected of paying tens of millions of dollars to senior state officials to secure a licence for Simandou, local police said.

Montana rejects Tintina’s mine permit application again

The department’s most recent deficiency letter includes numerous comments, largely related to parts of the application that were missing or incomplete.

This rare blue diamond was just found in Australia

While it was “only a small diamond at 0.124 carats,” the firm says it demonstrates the potential for valuable coloured precious rocks at the mine, currently in its ramp up phase.

Oyu Tolgoi resumes copper shipments to China

Move follows extensive talks with Chinese and Mongolian authorities.

New Zealand deep-sea life needs 'better protection' from mining, study shows

Scientist from Victoria University of Wellington says too little is known about the seafloor communities found in in New Zealand's Exclusive Economic Zone.

Canada’s Kirkland Lake halts gold mine in Australia, leaves up to 150 jobless

Company said the decision to place its the Stawell gold mine into care and maintenance was based on dwindling production at the operation.

BSGR to file multi-billion lawsuit against Rio over Simandou

BSGR will sue Rio Tinto in the English High Court to recover losses allegedly caused by Rio's actions, which run to several billions of dollars.

New WA iron mine to start production in H1 2017

A new iron ore facility in Western Australia expects to start mining in early 2017.

Brazil grants operating license to Vale’s massive S11D iron ore mine

Mine is set to start operations by the end of the year, with first shipment set for January 2017.

Iron ore soars past $80 a tonne

The steelmaking raw material is up 85% this year, or more than double its December 2015 price.

Fresh shake-up at Rio Tinto in aftermath of bribery probe

Russian-Canadian Vera Kirikova will become human resources group executive while Simone Niven will assume the corporate relations group executive post.

Coking coal price savaged – biggest drop in 17 months

Just as quarterly benchmark negotiations between miners and Japanese steel mills kick off, the coking coal price comes off the boil.

Anglo American about to make key decision on South African assets sale

While the miner is not longer being pressed to include its platinum assets in the divestment plan, the issue of how to package mines and which ones to include, remains a bone of contention.

Rio Tinto says halt of copper shipments from Oyu Tolgoi ‘a bump in the road’

Chief executive Jean-Sebastian Jacques comments come as the company had to suspend shipments from the Mongolian mine last week.

World's top single mine iron ore firm needs 500–600 workers

Pilbara's Roy Hill is ramping up to 55m tonnes per year capacity.

Glencore becomes sole owner of Newlands, Collinsville coal mines in Australia

After buying ought out its two Japanese partners, Itochu Corp and Sumitomo Corp.

Giant Australian coal mine near Reef one step closer

Indian conglomerate's $16 billion Carmichael coal mine in Queensland clears "final major State and Federal Government approval".

Gold price slump puts Barrick’s Super Pit deal with Minjar at risk

The Chinese miner is also having a hard time trying to convince Western lenders of financing part of the deal.

CHARTS: Death of the coking coal contract

Coking coal prices retreated on Friday, but only slightly, holding above $300 a tonne after two months of insane gains.

Glencore to resume dividend in 2017 as debt reduction on track

Soaring coal prices have helped Glencore, the world’s biggest provider of the thermal kind, straighten its balance sheet.

Mining accidents in China to spike as country digs more coal

In the last week alone, seven miners have been killed and 22 others remain trapped, following two accidents in local coal operations.

Exploring green growth opportunities for Pilbara

The Norwegian-based company Sahara Forest Project has signed a cooperation agreement to start a feasibility study to explore opportunities for producing food, freshwater and clean energy near the Western Australian city of Karratha, greening arid areas at the same time.

ASX slams door on Moly Mines, leaves 4,000 shareholders in limbo

Exchange rules the firm was not allowed to resume trading due to concerns about controversy-plagued Chinese majority shareholder Hanlong Group.

CHARTS: Gold miners to hike investment in 2017

Project funding would be main priority, says Moody’s.