November 19, 2024

Paladin’s Fission Uranium takeover delayed by Canada security review

The takeover has faced several hurdles, including a delayed shareholder vote in August and opposition from Fission’s largest investor.

November 19, 2024

BHP to spend up to $14 billion on Chilean copper expansion

BHP plans to invest $7.3 billion to $9.8 billion in new projects at its Escondida mine alone, starting in 2028.

November 19, 2024

Sayona, Piedmont to create lithium giant in $623m merger

Deal creates North America’s largest hard rock lithium miner, which will be based in Australia and listed on both the ASX and NASDAQ.

November 18, 2024

SRG Global wins $455m worth of contracts across Australia, New Zealand

These include a five-year contract for asset integrity services with Switzerland-based Glencore.

November 18, 2024

Forrest’s Wyloo casts doubt over future of rare earths hopeful

Rare earths junior Hastings Technology Metals is in a dispute with its financial backer, Wyloo.

November 18, 2024

Australia’s national investment fund makes first bet on mining

Australia’s National Reconstruction Fund will invest $26 million to boost mining equipment manufacturing in the state of Queensland.

November 17, 2024

BHP warns Australian mining not ready for low-cost competitors

The boom in demand from China’s industrialization is now “past the period of aggressive growth,” BHP’s Australia President said.

November 14, 2024

Mineral Resources paid rent of entities tied to managing director Ellison

The company’s internal probe into Ellison found that he did not act with integrity when he financially benefited from payments made to companies owned by him.

November 14, 2024

Soaring demand for copper will help drive mergers, BHP CEO says

Demand for copper, a key element in the energy transition, is set to rise by 70% to 100% by 2050, Mike Henry said.

November 14, 2024

Iron ore price hits 3-week low on firmer supply, softer steel outlook

China unveiled tax incentives on home and land transactions on Wednesday, aiming to support its crisis-hit property market.