January 23, 2023

South32 sees shipping delays tying up cash in inventory

In its quarterly report, South32 met coal, aluminum, and copper forecasts and slightly exceeded analyst estimates for manganese ore production.

January 20, 2023

ChatGPT doesn’t know where the world’s copper comes from, AI images show mining stuck in the Great Depression

So much for data mining and machine learning.

January 20, 2023

Fortescue sees renewables overtaking iron ore business

"I think we will see renewable energy play a very big part of our overall earnings in the future," said the company's global green ambassador.

January 19, 2023

Australian state says coal miners must keep up to 10% for local needs

The NSW Minerals Council said the policy would have little impact on electricity prices but could upset trade partners.

January 18, 2023

BHP expects China to underpin commodities demand in 2023

Its view contrasts with that of Rio Tinto, which said this week that China's reopening could raise near-term risks of labour and supply-chain shortages.

January 18, 2023

Coronado sees coking coal enquiries tick up as China eases unofficial ban

Company produced 8.8 million tonnes of coal in the first half of 2022.

January 17, 2023

Nickel Industries set to raise $471m to buy nickel assets

The company will also look to collaborate with Tsingshan Group.

January 17, 2023

Allkem’s revenue drops on lower Mt Cattlin output

The lithium miner's revenue was $265 million for the three months.

January 17, 2023

Australia raises loan to rare earths developer, announces more grants

The government raised its financial support to Hastings Technology Metals by A$80 million to account for higher costs.

January 17, 2023

Mega miners are hunting for deals after decade on the sidelines

The industry is flush with cash after last year’s record profits, while boards and managers believe they have the support of key investors after promising to avoid the reckless overspending…