April 17, 2024

Rio Tinto to favour development over acquisition of copper mines — exec

Copper boss Bold Baatar says Rio's goal of producing 1 million tonnes of the metal annually within the next five years will be achieved through organic growth.

April 16, 2024

Shares in two Australian miners surge on government loans

The Australian government will provide a combined A$585 million to Alpha HPA and Renascor Resources.

April 16, 2024

Rio Tinto’s first-quarter iron ore shipments fall 5%, missing estimates

Mine depletion in its Yandicoogina mine in Western Australia contributed to the fall in shipments.

April 16, 2024

Gina Rinehart builds stake in Lynas Rare Earths

Rinehart amassed a 5.82% stake in Lynas via her private company Hancock Prospecting Ltd.

April 15, 2024

Global mining investment too low to support energy transition, Rio Tinto chairman says

The amount of metals required for each kilowatt of generation capacity has risen by 50% since 2010, according to the IEA.

April 15, 2024

Gold Road seeks stake in Greenstone Gold Mines

The Australian gold miner confirmed it is in talks to acquire Orion Resources' 40% stake in Canada’s Greenstone Gold Mines.

April 12, 2024

Glencore tussles with farmers in Australian court over carbon storage plan

The Swiss company’s plan already has approval in a 2022 government decision and the backing of independent research groups.

April 12, 2024

Most Australians don’t want speedy transition toward clean energy

A CSIRO survey found that most people in Australia support a move towards renewables but the majority would prefer a moderate-to-slow paced transition.

April 12, 2024

BHP suspending China portside iron ore sales until April 22 for system upgrade

Industry sources said they did not expect much impact, noting that portside stocks are at high levels.

April 11, 2024

Gina Rinehart-backed lithium hopeful surges after demo batch

Vulcan Energy has gained nearly 40% this week after announcing its first viable output using direct-extraction technology.