Australia Mining News

Super power: Are rechargeable batteries transforming the mining sector?

There are signs of resurgence in the mining industry, driven in large part by the boom in storage technology.

Yancoal seeks expansion in Hunter Valley with $710m bid for Mitsubishi’s mines

Company wants to become Australia’s largest independent coal producer.

Iron ore price drops to 7-month low

Chinese stockpiles at new record high and sovereign debt downgrade worry investors.

Power plan to bridge gap between farmers and miners

Remote mining projects in farming areas could soon access baseload electricity from biomass plants powered by straw.

For these women, working underground is a bright opportunity

Mothers will do everything to ensure a bright future for their children.

BSGR may have to pay $1.2bn for no show at Simandou-related hearing

The company, which could lose the arbitration as a result, will have to pay the amount to former partner Vale.

Rio Tinto says it wants to help Australian small businesses

The change will apply to more than 5,500 Australian suppliers under $1 million of expenditure.

Australia's miners dragging their feet and being swamped by Canada in Mexico's resources upside

Canadian miners are swarming over Mexico and its high level of mineral prospectivity at the expense of Australia’s explorers and miners who have only made a tentative foray into the Latin America isthmus.

Canada’s Trevali picks up Glencore zinc mines in Africa

The deal, worth about $400 million, will make Trevali the first pure zinc producer with operations in North and South America as well as Africa.

AMC Consultants wants miners to learn about uncertainty

According to AMC, cumulate uncertainty, particularly when it comes to resource estimation, creates serious risks for mining projects.

Australian-Barrick partnership eyes substantial gold upside in Guyana

An Australian company which has teamed up with the largest gold company in the world to exploit a corner of Latin America’s untapped mineral riches, says the bulk of Guyana’s gold production has only “just scratched the surface”.

Argentina ripe for new energy investment says Brisbane backer of US $2 billion coal mine-power station

A Brisbane company hoping to drive the development of a major coal mine and associated power station in Argentina, says the country’s current energy grid warrants substantial new investment in energy options.

This is KORE Geosystems’ plan to #DisruptMining

The Toronto-based company's solution for data acquisition while drilling received $500K in funding.

BHP likely to open Jansen potash mine in Canada by 2023

Company could seek approval from the board for Jansen's expansion as early as June 2018, said chief executive Andrew Mackenzie.

These 5 trends will boost copper demand

Increasing demand for efficient building systems, electric vehicles and renewables generation could add more than 4 million tonnes of annual copper use by 2030, a study shows.

BHP’s Mackenzie, Elliot Management face off

US activist investor steps up pressure on BHP to ditch petroleum. Mackenzie says company already knows what to do to lift value by 50% and double return on capital.

Chinalco wants to be sole owner of world’s largest iron ore deposit

Move comes barely seven months after Rio Tinto agreed to sell it its stake in Simandou for up to $1.3 billion.

BHP ditching 'Billiton' in $10 million rebranding move

Move comes on the heels of calls from shareholders including activist investor Elliott Management and Australia’s Tribeca Investment Partners for a change of BHP's corporate structure.

Iron ore to hit $44 a tonne by 2021 — analysts

BMI Research expects prices to continue sliding for at least the next five years on rising supplies from Australia and Brazil and evidence of Chinese demand cooling earlier than expected.

Global silver output falls for first time in 14 years

Global silver production dropped last year for the first time since 2002 driven by lower by-product output from the lead/zinc and gold sectors, as well as a sharp decline of scrap supply to the market.

BHP Billiton puts Cerro Colorado copper mine in Chile on the block

Workers temporarily blocked access roads to the site in protest for the decision, which they say will inevitably bring a massive wave of layoffs.

Glencore puts Tahmoor coal mine up for sale

Market rumours point at South32 as the most likely buyer, since the miner decided last month to ditch its $200 million acquisition of Peabody Energy’s coal mine in New South Wales.

Coking coal price slumps again

Chinese steelmakers overestimated impact of Australian cyclone and the market is now awash in met coal.

Junior granted mining lease for primary scandium mine; stock rockets 15%

Investors in a small-cap junior focused on the mining of a lesser-known element - scandium - were rewarded on Friday after a favourable decision from the New South Wales government in Australia.

Here's why the iron ore price is tanking

And why the worst may be over already.