Australia, NZ & South Pacific

Albemarle to buy Chinese lithium firm for $200 million

Albemarle to buy Chinese lithium firm for US$200 million

Albemarle (NYSE: ALB), the world’s top lithium producer, says it will buy China-based Guangxi Tianyuan New Energy Materials for about US$200 million, as part of its plans to boost lithium conversion capacity. …





Sandfire to buy giant Spanish copper complex for $1.9bn

Sandfire to buy giant Spanish copper complex for US$1.9B

Australian mid-cap miner Sandfire Resources (ASX: MTR) is buying the Minas De Aguas Teñidas (MATSA) mining complex in Spain for about US$1.9 billion, as it seeks to become a large copper-focused producer.  The company went into a trading…



TSX down, Sept. 13-17

The S&P/TSX Composite Index fell 142.7 points or 0.69% to finish the September 13-17 trading week at 20,490.41. The S&P/TSX Global Mining Index fell 4.83 points or 4.76% to 96.75…


Australia approves controversial Whitehaven's coal mine expansion

Australia approves Whitehaven’s controversial coal mine expansion

Whitehaven Coal (ASX: WHC) has been granted the green light to expand its Vickery project in New South Wales despite a global push to lower carbon emissions and a historic court ruling on authorities’ obligation to children to consider environmental harm before…



Rio Tinto hit with fresh tax bill in Australia

Rio Tinto hit with fresh tax bill in Australia

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has been hit with a A$379 million (US$277.7 million) bill as part of an ongoing dispute with the Australian Taxation Office (ATO) dating…




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