July 29, 2024

Fortescue slumps as Capital Group sells $1.2 billion stake

The trade represents about 100 million shares, representing around 3.2% of securities on issue.

July 29, 2024

The future of deep sea mining hinges on a contentious election

International Seabed Authority head incumbent Michael Lodge faces Leticia Carvalho, a Brazilian ocean scientist.

July 29, 2024

China’s COSCO Shipping, Fortescue to build green fuel supply chain

The memorandum of understanding includes exploring deployment of green ammonia-fueled vessels to transport iron ore in the China-Australia iron ore corridor.

July 29, 2024

BHP’s Spence copper mine in Chile now fully autonomous

Spence copper mine in Chile has celebrated three months of being BHP’s first fully autonomous operation, with zero incidents.

July 29, 2024

Sayona, Piedmont mark improvements at NAL as lithium price slides further

In the second quarter, NAL produced 49,660 dry metric tonnes of 5.3% concentrate – 23% more than the previous quarter.

July 29, 2024

Horizon Minerals to become Australia’s newest gold producer

Horizon board's final investment decision to proceed with the Boorara gold project allows for an immediate start of pre-production works.

July 28, 2024

Australian gold sector firing at just the right time

It’s been a challenging few years for gold miners in Australia but the group now looks poised to capitalize on record prices.

July 26, 2024

Australia rejects Rio Tinto unit’s uranium mine lease renewal

Decision ends a decades-long dispute over Jabikula, one of the world’s largest untapped deposits of high-grade uranium.

July 25, 2024

Anglo American takes fresh $1.6bn writedown on UK fertilizer mine

Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.

July 24, 2024

Fortescue to step up energy spending despite job cuts

"We see a massive potential in green iron industry out of Australia, supplying China," CEO says.