Australia Mining News

Australia's Fortescue Metals appeals to regulator on Rinehart-Atlas Iron bid

NCZ Investments Pty, a Fortescue unit, seeks interim orders to restrain Gina Rinehart controlled-Redstone Corp Pty from dispatching its bidder's statement.

Hawkstone Mining's lithium buy back on

Company decided to revise the terms of its planned 100% takeover of USA Lithium, which owns two projects in the US.

Queensland Government announces ongoing funding for Energy Mines and Money

The 2nd Energy Mines and Money will take place on 11-13 June 2019 at the Brisbane Convention & Exhibition Centre.

Tantalum miner threatens expansion at Australia's biggest lithium mine

Talison aims to double production at Greenbushes by mid-2019, racing to secure more lithium to feed an expected boom in demand for EV batteries.

Artemis, Novo to plough $5.4m into Pilbara gold exploration

Initially the exploration program will focus on bulk sampling, diamond drilling and costeaning activities, primarily at the emerging Purdy’s Reward exploration lease.

Lithium demand from battery makers to almost double by 2027

Strong demand growth will be largely focused on high-grade lithium, according to research firm Roskill.

Class action to be launched over casuals in Australia’s coal mining

BHP says it has not received any formal communication regarding the legal actions.

Resurgent coal exporters should be wary of blinkered optimism: Russell

Coal miners supplying Asia's rapidly growing economies have plenty to be optimistic about as prices and demand appear robust, but they should be wary.

Asanko, Gold Fields $185 million-venture in Ghana gets the green light

Miners area are teaming up to develop one of Ghana’s newest gold mine, the Asanko Gold Mine (AGM), located in the Ashanti Region.

BHP steps up efforts to sell Nickel West business in Australia — report

The world's top miner is said to have hired Goldman Sachs to assist with the sale of the Western Australia-based nickel operation.

Australia's Mineral Resources drops out of race for Atlas Iron

The company's withdrawal means all eyes are now on Fortescue, which still has a 19.9%-stake in Atlas and has not yet disclosed whether it plans to launch a rival bid or sell its holding into Hancock’s offer.

Barrick Gold walks away from Guyana joint venture project

Alicanto Minerals will retain 100% of Arakaka gold project.

Indian regulator approves Nutrien’s sale of stake in SQM to Tianqi

The Competition Commission of India green-lighted the $4.1 billion deal reached in May between the Canadian potash giant and China’s Tianqi Lithium.

BHP to sell Chile’s Cerro Colorado copper mine to equity fund EMR

Sale is part of chief executive Andrew Mackenzie’s bid to focus on large assets in commodities such as iron ore, copper and oil.

Chile antitrust watchdog probing Tianqi buy of lithium miner stake

The country's antitrust regulator is investigating the effects on the market of Chinese miner Tianqi Lithium acquisition of a 24% stake in SQM, the world's second largest lithium producer,

Rio Tinto to start building massive Koodaideri iron ore mine in 2019

First production from the Pilbara-based project, which it says it’s one of the world’s most technologically advanced, is expected in 2021.

Lucapa gets another $2 million from Lulo diamonds sale

Lucapa has a 35-year license for Lulo, which early last year bore a 404.2-carat white diamond, considered the largest diamond ever recovered in Angola and the biggest diamond ever found by an Australian company.

South32 buys Arizona Mining for US$1.3 billion

Hermosa Project.

Iron ore magnate Rinehart offers $290 million in cash for Atlas

The offer from Australian billionaire Gina Rinehart's Hancock Prospecting values Atlas shares at 17% more than price reached at Friday close.

Trump trade war blows up big week for mining majors

A week choc-a-bloc with billion dollar copper, iron ore and cobalt deals ends with huge drop in prices and sell-off in stocks of mining's biggest names.

Further clarity needed on Australia’s energy policy framework

A national coordinated approach to climate and energy policy is needed which recognises the energy and resource-intensive nature of the Australian economy. 

Hawkstone Mining walks away from US lithium deal

Deal would have added two lithium projects – the Big Sandy lithium clay project in Arizona and the Lordsburg lithium brine project in New Mexico – to Hawkstone’s portfolio.

Iron ore price: BHP adds high-grade, lump ore for just $42 a tonne

BHP building $3.4B mine amid surging lump premiums, high-grade fines prices up 30% in a year, is latest indicator iron ore is once again a mining cash cow.

US electric car sector, wary of China, seeks more domestic lithium

China is home to the majority of the world's lithium processing facilities and sucks up most output of top producer Australia.

France's ERAMET raises bid for Australia's Mineral Deposits

ERAMET said it would pay A$322 million for the shares it did not already own in the company.