Prices for iron ore have reached a five-year high driven by higher steel production in China and speculation of another dam collapse at a Vale mine in Brazil.
The Australian minerals industry believes it will benefit from the re-election of the Coalition Government through reduced taxes and increased investment in the sector.
NRW Holdings has been awarded a $137 million contract by Rio Tinto for the Koodaideri iron ore project’s rail formation south earthworks.
Queensland Pacific Metals (QPM), a subsidiary of Pure Minerals, has appointed Lycopodium to undertake a pre-feasibility study (PFS) for its battery materials refinery in Townsville.
St Barbara has moved a step closer to its successful acquisition of Atlantic Gold, announcing the completion of the institutional component of its underwritten entitlement offer.