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.

November 14, 2024

Australia may lose $45 billion amid green steel rush, report says

Australia accounts for 56% of seaborne iron ore trade.

November 14, 2024

Resolute CEO still held in Mali, diplomatic sources say, as shares suspended

The Malian military junta is seeking at least $161 million from the company to settle a tax dispute.

November 14, 2024

Deep sea mining risks over $560 billion in countries’ annual export earnings — report

Even in optimal scenarios, the activity would generate only $6.25 million in tax revenue for countries involved, says Planet Tracker.

November 13, 2024

Curtin University’s environmental DNA program expands mission with $5m funding from BHP

The nine ongoing projects include developing new eDNA methods to survey threatened and elusive reptile populations in the Pilbara region.

November 13, 2024

Exploration spending to stay flat despite Trump pledges, strong gold prices, S&P says

The cautious outlook comes as global exploration budgets for nonferrous metals declined by 3% in 2024.

November 13, 2024

Anglo American coal bidders down to three, say sources

The final bidders are down to Yancoal Australia, Stanmore Resources and Peabody Energy.

November 13, 2024

Rio Tinto approves new solar plant for Kennecott ops to lower emissions

The move will bring the mine's total solar capacity to 30MW.