Australia Mining News

BHP says likely to quit global coal lobby group

BHP said it would seek responses from the World Coal Association over policy differences before making a final decision on whether to quit in March 2018.

Ecuador expects $1 billion in mining revenues for 2018

Back in September, the expectation for 2018 was of $488 million in revenues from industrial mining.

This map shows the top immigrant population in each country

If the world’s migrant population formed a new nation, it would be fifth largest. What are the top immigration populations, how does this look mapped out?

Top mining stock becomes 2017's worst loser on China steel shift

Australian iron ore producer is only stock on the nation’s blue-chip resources index to hand investors a loss in 2017, tumbling from its previous top status.

Rio Tinto to retrofit Pilbara trucks for autonomous handling

Mining giant Rio Tinto Ltd said it plans to expand its fleet of autonomous trucks operating in Australia’s Pilbara iron-ore region, part of a cost-cutting program across its operations.

Newcastle: world's biggest coal export port announces shift away from coal

Newcastle, the world’s largest coal export port, must “urgently” diversify its traffic, the port’s incoming chairman has said, warning that the “long-term outlook for coal is a threat to the port”.

A real Downer: Adani to go it alone on Carmichael

Indian conglomerate cancels $2.6-billion contract with Downer Group.

Australia cobalt rush accelerates on electric vehicle demand, DRC troubles

Australia, home to world's second-biggest cobalt reserves, is seeing rush of interest in projects from makers of the batteries used in electric vehicles.

Indian captive power plants running at half capacity due to coal shortage

The Indian Captive Power Producers Association denounced that most of its member companies are getting half of the coal they need from state-owned Coal India.

Traditional owners say they were forced to negotiate with Adani over Australian mine

Representatives for the Wangan and Jagalingou People said they were forced to sign an Indigenous Land Use Agreement at the Native Title Tribunal for Adani’s Carmichael mine.

Brazil's Samarco wins waste permits in small step toward resuming operations

The permits issued by Minas Gerais state, where the mine is located, allow for the construction of a waste system in a depleted mine to receive tailings.

First Aboriginal mine opens in Northern Territory

Sunday was a proud day for Aboriginal people in Australia's Northern Territory, with the opening of a new bauxite mine.

Vale to mothball New Caledonia mine if no stake buyers found, CEO says

The future of New Caledonia mine is considered a key test for CEO Schvartsman, who pledged to improve shareholder returns.

Glencore says signs labor pacts at most of its Australian coal mines

These new labor agreements with workers at 13 of its coal mines in Australia end months of negotiations over wages and benefits.

Biggest iron ore miner threatens to flood market if prices surge

Brazil's Vale is prepared to unleash as much as 50 million metric tons of spare capacity to balance the market if prices get too high.

Massive Oyu Tolgoi mine to more than double gold production in 2018

Rio Tinto-controlled Turquoise Hill is also predicting costs to fall about 2.8%.

AngloGold gets going on $36 million expansion of Western Australia mine

Strategy adds 2.1 million ounces to Tropicana's business plan and extends the mine life by seven years to 2027.

Minerals Council of Australia launches project to boost sector

The Minerals Council of Australia is launching a research project to identify opportunities for Australia to boost mining and mining services exports and outward mining investment in Asia.

This is the breakthrough company of Mines & Money 2017

Forget gold, the crazy cobalt price or lithium frenzy; this junior mining company is upending the sapphire (yes sapphire) market.

Superior Gold kicks off mining at Hermes open pit project in Western Australia

The Hermes development project is located about 65 km southwest of the company's 100%-owned Plutonic Gold Mine in Western Australia.

Newmont raises output target for 2018, lowers expected costs

The world’s No.2 gold miner is also planning to boost dividend by at least 50% next year, based on balance sheet improvements and the performance of its gold mines.

Indonesia to grab Rio Tinto stake in Grasberg mine

After pumping billions into the Indonesian mine for almost 25 years, Rio might be able to see a decent return as the country’s government plans to acquire the miner’s 40% stake in the coveted operation.

Rio Tinto aims for "intelligent" Australian iron ore mine

This intelligent mine would cost around $2.2 billion to develop and incorporate technologies such as robotics, driverless trains and trucks on a single site.

Rio Tinto appoints one of its own as the company’s new chairman

After a nine-month search, the miner has picked the current leader of the remuneration committee, Simon Thompson, to assume the post in March 2018.

Who will fund Adani's Carmichael coal mine? Not China

The shovels are in the ground at the Carmichael coal mine in Queensland but the bankers have yet to open their wallets.