Australian nickel miner Independence Group has launched a hostile A$312 million takeover bid for smaller peer Panoramic Resources.

The Australian mining magnate's fortune swelled $2.1 billion after her company reported improved financial results on the back of higher iron ore sales.

Scott Morrison’s choice of language Friday made it clear how he views some environmental protesters.

Australian lithium producers had earlier this year flagged weak market conditions for the rest of 2019 amid reduced demand from Chinese customers.

Rio, which could become the world's top iron ore producer this year, was beset by weather and operational issues in the first quarter which caused it to cut its annual guidance.