August 29, 2023

Private credit funds mull jumbo loan for Australian coal mines

The funds are in talks to potentially underwrite financing of $2-3 billion for competing bids from Indonesian mining contractor Buma and Australian coal producer Stanmore.

August 29, 2023

Rio Tinto-First Quantum JV to develop massive copper project in Peru

La Granja is described by the new partners as one of the world’s largest undeveloped deposits of the coveted metal.

August 28, 2023

Lynas flags higher costs for Kalgoorlie rare earths plant, profit slumps

The world's largest producer of rare earths outside China reported a net profit after tax of A$310.7 million.

August 28, 2023

Sayona Mining’s CEO resigns, shares tank

Brett Lynch played a key role in the acquisition of the North American Lithium (NAL) operation in Québec.

August 28, 2023

New zinc-air battery shows high power density, ultra-long stability

Australia-based researchers have redesigned zinc-air batteries by using a combination of new materials.

August 28, 2023

Fortescue CEO Fiona Hick’s sudden departure raises eyebrows

The exit of Fiona Hick, who held the post for less than six months, has been both "friendly and mutual", according to FMG.

August 27, 2023

Fortescue adds ex-CSIRO chief Larry Marshall to board

The move comes as Fortescue attempts to reorient itself toward green energy and decarbonizing its mining operations.

August 23, 2023

South32 sees China economic support helping base metals

Underlying earnings for the year ended June 30 came in at $916 million, lower than the $2.60 billion posted last year.

August 23, 2023

Whitehaven Coal’s 2024 output outlook below estimates, suspends share buyback

The country's largest independent coal miner reported a net profit after tax attributable of A$2.67 billion.

August 23, 2023

South32 Appin mine workers to continue strike as talks stall

The trade union said in a statement that the workers at the mine and the company failed to reach an agreement on Wednesday.