Australia Top Stories

Manuka clears pathway for silver production with reserve estimate for Wonawinta

Total ore reserves at the are estimated at 4.8 million tonnes grading 53.8 grams per tonne of silver, containing 8.4 million oz.

Staff Writer | October 29, 2024 | 11:14 am

Trillions needed to achieve net-zero by 2050 — Wood Mackenzie

The report shows the world needs to invest $78 trillion…

Cecilia Jamasmie | October 29, 2024 | 6:47 am

Australian rare earths developer ASM eyes US defence funding

ASM has been building funds to develop its $1.1 billion…

Reuters | October 29, 2024 | 1:59 am

Australia risks losing its iron ore dominance, Fortescue CEO says

Australia is the world's biggest supplier of seaborne iron ore,…

Reuters | October 28, 2024 | 5:54 pm

Cadia becomes first Newmont mine to receive Copper Mark credential

With this, about 35% of Australia’s copper is produced at…

Staff Writer | October 28, 2024 | 12:39 pm

Whitehaven Coal jumps on price outlook, output beat

A shortfall in global coal production with long-term output constraints and higher sea-borne demand from India is expected to lift prices, the miner said.

Reuters | October 25, 2024 | 10:15 am

Coal billionaire Tykac eyes growth in bet against ESG uptake

Pavel Tykac’s Sev.en Group has taken advantage of cheap valuations to buy up coal power stations and mines in the US, Australia and Vietnam.

Bloomberg News | October 25, 2024 | 9:20 am

BHP, Vale and Samarco reach $30 billion Fundão dam settlement

The collapse of the dam at an iron ore mine owned by Samarco killed 19 people.

Bruno Venditti | October 25, 2024 | 8:28 am

Rio Tinto signs MOU with China’s Nanjing Steel on decarbonization

Upstream mining giants have accelerated cooperation with their big consumers on decarbonizing the steel value chain to cope with climate change.

Reuters | October 25, 2024 | 7:49 am

Biden administration approves ioneer’s Nevada lithium mine

Ford and a joint venture between Toyota and Panasonic have agreed to buy lithium from the mine.

Reuters | October 24, 2024 | 11:08 am

Arkansas lithium projects heat up with royalty battle, huge underground resource

The Arkansas Oil and Gas Commission on Nov. 4 is to hear an application filed by those companies and others to potentially set the royalty rate.

Colin McClelland - The Northern Miner | October 24, 2024 | 10:48 am

Can Anglo’s copper pivot help thwart renewed takeover bid?

Any potential new bid should come when some of the restructuring is expected to completed by June or July next year.

Reuters | October 24, 2024 | 9:02 am

CHARTS: Nickel, cobalt, lithium price slump cuts average EV battery metals bill by 60%

The raw materials bill for the average EV is now down to $537 compared to $1,342 in August 2023 and a monthly peak of more than $1,900 at the beginning of last year.

Frik Els | October 24, 2024 | 8:15 am

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Copper will make up 60% of Anglo's business after it sells its Australian steelmaking coal assets and nickel mines in Brazil.

Reuters | October 24, 2024 | 3:56 am

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