February 22, 2022

South32 completes Sierra Gorda stake buy

The $1.4 billion deal marks the miner's entry into the world’s largest copper-producing country ahead of a forecast demand boom.

February 20, 2022

IGO wins auction for Glencore CSA Australia mine

Glencore Plc’s CSA copper mine in western New South Wales is expected to be worth $718 million.

February 17, 2022

St Barbara pulls production outlook as covid hits Papua New Guinea ops

St. Barbara had earlier flagged issues in sourcing labour and equipment for its Atlantic and Simberi operations.

February 17, 2022

IGO gets Western Areas’ shareholder Wyloo nod for $790m bid

Australian billionaire Andrew Forrest-backed Wyloo Consolidated will vote its 9.8% stake in Western Areas in favor of IGO's bid.

February 17, 2022

BHP’s iron ore profits show why Beijing wants to talk the price down

If an average price of $130 a tonne is assumed for the first half of 2022, it implies that BHP is making $50 a tonne more than what Beijing might…

February 17, 2022

Resolute Mining ups Mali gold project resources estimate by 40%

The Tabakoroni gold deposit, part of the company's Syama complex, holds an estimate of 1.3 million ounces of the metal.

February 17, 2022

Newcrest flags delays at Havieron on ground conditions

Partner Greatland Gold, which holds 30% of the project, said the update was based on old figures and hailed Havieron’s potential for upside.

February 16, 2022

Biggest Australia coal plant to shut early as renewables surge

Origin Energy could shutter the Eraring facility, in a coal-mining region north of Sydney, as soon as August 2025.

February 16, 2022

South32 profit soars on recovery in commodity prices

Underlying earnings for the half-year ended Dec. 31 came in at $1 billion, beating a consensus estimate of $987.5 million.

February 16, 2022

Newcrest first-half profit nearly halves on lower production, covid costs

The gold miner posted an underlying profit of $298 million for the six months ended Dec. 31.