Australia’s Star Minerals nearing IPO
Western Australia-based Star Minerals says it is close to launching an initial public offering with the goal of funding the development of the advanced Tumblegum South gold project. According to…
Australia, NZ & South Pacific
Fortescue best positioned to weather industry disruption – report
Fortescue Metals (ASX: FMG) leads in an Australia-heavy Top 10 listing of companies based on leadership in 10 areas that matter the most to the mining sector, GlobalData says in…
Higher metal prices to push exploration budgets up in 2022, says S&P Global
S&P Global Market Intelligence’s pipeline activity index points to mineral exploration budgets increasing by 5% to 10% in 2022, metals and mining analyst William Mason told a recent online conference….
Blair Athol coal mine life extended by 10 years
Life extension of central Queensland’s coal mine follows a reserves update that added 19.5 tonnes.
Rio Tinto, Sumitomo to assess hydrogen plant at Yarwun refinery
They will jointly study the feasibility of a hydrogen pilot plant at Rio’s alumina refinery in Gladstone, Queensland.
Lynas gets extension to build waste plant in Malaysia
Malaysia has provided rare earths producer Lynas Corp (ASX: LYC) with some breathing room for finding a permanent location for a low-level radioactive waste disposal facility for its processing operations on the country’s east coast. The Australian miner, which fought hard to…
BHP fired 48 workers in two years for sexual harassment
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) revealed this week that it has fired 48 employees since 2019 for sexual harassment at its remote fly-in, fly-out (FIFO) mines in Western…
PFS for Newcrest’s Cadia PC1-2 delivers attractive economics
Newcrest Mining (TSX: NCM; ASX: NCM) has delivered a prefeasibility study for its Cadia underground gold mine expansion. The mine, in New South Wales, Australia, produces gold doré and gold-rich…
Benga Mining applies for judicial review following Canada’s coal mine snub
A unit of Australian billionaire Gina Rinehart’s Hancock Prospecting, Benga Mining, has applied to the Federal Court of Canada for a judicial review of the rejection of the proposed US$800…
Newcrest Mining commits $226 million to expand Telfer
Australia’s largest gold producer, Newcrest Mining (TSX: NCM; ASX: NCM) is investing A$246 million (about $226 million) to expand its Telfer gold-copper operations, which include the Main Dome, West Dome…
Rio Tinto sells last diamonds from iconic Argyle
Mining at Argyle, which accounted for 90% of worldwide pink diamond production, ended in November 2020.
Vital Metals buying rare earths properties from Quebec Precious Metals
Australian Vital Metals (ASX: VML) and Quebec Precious Metals (QPM) (TSXV: OPM; OTC: CJCFF) have signed a binding term sheet for Vital to acquire QPM’s 68% interest in the Kipawa…