Deloitte’s 12th edition of the Tracking the Trends report explores trends for mining companies in their ongoing pursuit of productivity, financial discipline, operational excellence and sustainable growth.

For many years mining companies have been urged to improve how they collaborate in the industry and their supply chain through joint ventures and partnerships.

Despite the fact mining drives 45 per cent of the world’s economic activity, the industry is still seen as one that “takes more than it gives,” according to Anglo American chief executive Mark Cutifani.

Major LNG operators Woodside Energy and Chevron Australia have thrown their support behind the 39th annual Australasian Oil and Gas (AOG) Exhibition & Conference by confirming key speakers for the event.

Rio Tinto will no longer be offering an accelerated payment option for suppliers requiring shorter payment terms than the agreed 30 days.

TerraCom has made a takeover offer to Universal Coal in a bid worth $294 million, which has met the “overwhelming support” of the target’s investors.

The Australian Government has awarded Lynas major project status to establish its rare earths processing plant in Kalgoorlie, Western Australia.

Babylon Pump & Power has secured an expanded dewatering services and power generation contract with BHP Nickel West.

Stay on top of the most popular stories on Australian Mining over the past week, including the Western Australian Government granting a construction license for Fortescue Metal Group’s Eliwana project.

Newcrest Mining has agreed to sell Newcrest Singapore Holdings, which holds 75 per cent interest in Gosowong mine operator PT Nusa Halmahera Minerals, to PT Indotan Halmahera Bangkit.

Northern Minerals expects to achieve nameplate capacity rates at the Browns Range heavy rare earth pilot plant in Western Australia in the coming months.

Pilbara Minerals has seen its lithia recovery range increase to 63–67 per cent during the December quarter at the Pilgangoora lithium-tantalum project in Western Australia.

Global demand for gold last year has declined despite record investment inflows on the back of US dollar gold price rallying to a six-year high.

IGO has finished the first half of the 2020 financial year strongly, exceeding production guidance at its Western Australian nickel and gold mines during the December 2019 quarter.

New Century Resources has set a new standard at the Century zinc mine in Queensland, achieving record quarterly production at the end of last year.

The South Australian Government is set to open 21 mineral exploration release areas across 7421 square kilometres for competitive applications.

Glencore Technology has made two significant changes to the IsaMill grinding mill, cutting civil infrastructure costs by up to 28 per cent.

Panoramic Resources has selected Barminco as its preferred contractor for the Savannah project in the Kimberley region, Western Australia.

Queensland is set to introduce stronger security laws for explosives, including the requirement for all licence and authorisation holders to hold a new security clearance.

Fortescue Metals Group is set to invest $US450 million ($666 million) into the next stage of its Pilbara energy connect program.