December 9, 2022

Turquoise Hill shareholders approve Rio Tinto’s $3.3bn buyout bid

The vote clears the way for Rio Tinto to gain more autonomy over Oyu Tolgoi, which is 66% owned by Turquoise Hill and 34% by the Mongolian government.

December 8, 2022

Glencore scraps $1.3 billion Australian coal project

The Valeria open pit metallurgical and thermal coal mine in Queensland would have been one of Australia’s largest.

December 8, 2022

Australia proposes to overhaul ‘broken’ environment laws

The country will also set up a new nature protection agency with powers to make decisions on the approval of development projects

December 7, 2022

Rio Tinto plays chancy round of Mongolian roulette

December 9 is shaping up to be a big day for Rio Tinto chief executive Jakob Stausholm.

December 6, 2022

Tianqi exploring battery minerals processing options in Australia

Australia is seeking overseas investment into its critical materials industry as it seeks to become a green energy superpower.

December 5, 2022

Lake Resources shares dip on another short seller report

According to J Capital analysts, the DLE technology the company is looking to use could be “dramatically” underperforming expectations.

December 5, 2022

Hancock takes 10% of Arafura Rare Earths

Hancock Prospecting took around half of a A$121 million placement by Arafura last week aimed at raising capital to develop the Nolans rare earths project.

December 5, 2022

Papua New Guinea PM Marape presses mining, energy giants to advance projects

PNG wants progress on undeveloped projects as it sees opportunities to boost resource sales to Asia.

December 2, 2022

Winsome Resources steps up to buy Power Metals stake from China’s Sinomine

Winsome will pay C$2 million for Sinomine’s interest in Power Metals, which holds the Case Lake project in Ontario.

December 2, 2022

Maptek unveils 2022 Geology Challenge champions

Cathy Barton, Senior Geologist for IGO won 1st prize for producing alternative geological models to better understand water-bearing structures on a disseminated nickel deposit.