News

Resolute Mining annual report: gross profits up, net profits down (0) February 1, 2018 Resolute Mining has released its annual report, detailing a fairly healthy 2017 financial year, with gold production nearly 10 per cent over annual guidance.
Demand for mining services ramps up (Part 2) (0) February 1, 2018 How did 2017 fare for services companies operating in the Australian mining industry.
The top mining trends of 2018 (0) February 1, 2018 Mining is poised for growth, according to Deloitte’s 2018 Tracking the Trends report.
The top mining trends of 2018 — a snapshot (0) February 1, 2018 Now in its tenth year, Deloitte’s Tracking the Trends report has followed the mining sector over the past decade as commodity prices reached both historic highs and lows.
Flinders Mines’ Canegrass vanadium estimates lowered (0) January 31, 2018 Flinders Mines, the explorers responsible for the 700 square kilometre Canegrass vanadium project in Western Australia, has lowered its project estimates after commissioning industry consultants to provide Canegrass for JORC ...
Sandfire Resources report reveals another strong quarter (0) January 31, 2018 Copper-gold producer Sandfire Resources has just released its latest quarterly result, showing strong results across the board.
Independence posts strong quarterly results, production up 19% (0) January 31, 2018 Miner Independence Group (IGO) has posted its December 2017 quarterly results and the news is largely positive.
Century mine to restart as a leading global zinc producer (0) January 31, 2018 The Century zinc mine in Queensland is on track to be a top 10 global producer of the base metal when the operation restarts this year, according to owner, New ...
Australia’s $2 trillion lithium opportunity (0) January 31, 2018 The Association of Mining and Exploration Companies (AMEC) has urged Australia to expand along the estimated $2 trillion lithium value chain in the next two years.
Demand for mining services ramps up (Part 1) (0) January 31, 2018 How did 2017 fare for services companies operating in the Australian mining industry.
Regis reaches record gold production at Duketon (0) January 31, 2018 Gold miner Regis Resources has delivered record production at its Duketon operation in Western Australia’s Goldfields for the third consecutive quarter.
Evolution Mining posts Q4 report, gold down 14.4% (0) January 30, 2018 Evolution Mining has posted its fourth quarter 2017 operational report, and overall gold output fell by 14.4 per cent, when compared with third quarter results, to 186,488oz.
Fortescue production costs fall to another record low (0) January 30, 2018 Fortescue Metals Group has hit another iron ore production costs record in the December 2017 quarter at its Western Australian operations.
World-class uranium project confirmed at Vimy’s Mulga Rock in WA (0) January 30, 2018 Vimy Resources has announced the results of its feasibility study on the Mulga Rock project in Western Australia, confirming an estimated capital cost of $493 million and a net value ...
Why cryptocurrencies are no substitute for gold (0) January 30, 2018 Gold performed well in 2017, with its value improving by 13 per cent in US dollar terms over the year. The precious metal’s price rise was, however, no match for ...
Newcrest production spikes as Cadia drives costs down (0) January 30, 2018 Newcrest Mining has increased gold output at all but one of its operations in fourth quarter 2017, putting the company on target to hit its production guidance for the 2018 ...
Rio Tinto’s autonomous trucks pass one billion tonne milestone (0) January 30, 2018 Rio Tinto has announced that its fleet of autonomous haul trucks, which encompasses over 80 Komatsu vehicles and may increase to over 140 vehicles by 2020, have passed a significant ...
Perseus pours first gold at second West African mine (0) January 30, 2018 West African-focused miner Perseus Mining has poured first gold at the Sissingué mine in Côte d’Ivoire one month ahead of schedule.
Cliffs ‘likely’ to close Australian iron ore business in 2018 (0) January 29, 2018 United States-based iron ore miner Cliffs has revealed it will accelerate plans to close its mining operations in Western Australia.
OZ Minerals launches South Australian exploration JV (0) January 29, 2018 OZ Minerals has formed a partnership with Woomera Exploration to explore for magmatic nickel and copper sulphides in the Eastern Musgrave province in South Australia.
Rio Tinto’s Indigenous workforce reaches 574 at Cape York sites in QLD (0) January 29, 2018 Rio Tinto’s workforce of Indigenous and Torres Strait Islander people at its Cape York Peninsula bauxite sites in Queensland has now reached 574 people, the mining company confirmed last week.
Glencore to restart Lady Loretta as zinc prices hit decade high (0) January 29, 2018 Glencore is ramping up a recruitment drive ahead of its planned restart of the Lady Loretta zinc operation in Queensland.
Kuhn and Duratray now field testing eco-friendly electric truck project (0) January 29, 2018 Chilean company Duratray, known primarily for its global supply of haul trays and dump bodies to the mining industry, has announced the first trials of a new lithium-ion powered truck ...
Mining M&A tipped to rise in 2018 (0) January 29, 2018 Australia’s mid-tier mining sector will potentially see an increase in mergers and acquisitions (M&A) activity in 2018, according to Mergermarket Intelligence.
Gold continues price increase as bitcoin struggles (0) January 25, 2018 Gold is on the way up, with gold exchange-traded funds (ETFs) at their highest level since May 2013, according to Bloomberg.
Tawana secures Bald Hill offtake ahead of production launch (0) January 25, 2018 Tawana Resources, with joint venture partner Alliance Mineral Assets (AMAL), has executed a non-binding term sheet with a leading industry specialist for the offtake of tantalum concentrate production from the ...
Stanmore targets first coal from Isaac Plains East in 2019 (0) January 25, 2018 Stanmore Coal is on track to launch production at the Isaac Plains East (IPE) project in Queensland in first quarter 2019.
Red River launches Thalanga zinc shipments as prices strengthen (0) January 25, 2018 Red River Resources has completed its first shipment of zinc concentrate from the Thalanga zinc operation in Queensland.
US pushes fraud charges against ex-Rio chief (0) January 25, 2018 A US securities regulator has dismissed appeals from Rio Tinto to have fraud charges dropped against former company executive Tom Albanese, accused of fudging company results at Rio Tinto’s former ...
Northern Star accelerates towards 600,000oz/y of gold production (0) January 25, 2018 Northern Star Resources is fast tracking an aggressive growth strategy at its Western Australian gold operations.
Weir Minerals launches Cerasmooth compound (0) January 25, 2018 Weir Minerals has upgraded its polymer-ceramic composite for the Flue Gas Desulphurisation (FGD) market.
Valmec secures contract to help energise Gruyere gold project (0) January 24, 2018 Energy services provider Valmec has secured several service and construction contracts for prominent gas and infrastructure projects, primarily for work on the APA Group’s Yamarna gas pipeline in the Eastern ...
Neometals reviews Barrambie project development options (0) January 24, 2018 Perth-based explorer Neometals has released an update regarding its Barrambie project in Western Australia, one of the world’s highest-grade hard rock titanium projects.
Panoramic takes key steps towards Savannah restart (0) January 24, 2018 Nickel miner Panoramic Resources has launched a capital raising for almost $21 million in funding for the restart of the Savannah operation in the East Kimberley of Western Australia.
Mongolian PM meets Rio Tinto chief to explore Oyu Tolgoi project (0) January 24, 2018 Following on from the recent news that Rio Tinto was to open a new office in the Mongolian capital of Ulaanbaatar, Prime Minister of Mongolia Ukhnaagiin Khurelsukh has met with ...
Skills gap becomes key challenge despite rising industry confidence (0) January 24, 2018 The dark days of mining’s downturn may be over but the industry’s leaders now have different challenges to grapple with, according to Newport Consulting.
Anglo appoints metallurgical coal CEO (0) January 24, 2018 Anglo American has appointed Tyler Mitchelson as the next chief executive officer of its metallurgical coal business.
Rising home prices in Port Hedland, suggestive of wider recovery (0) January 23, 2018 Recent evidence from the Pilbara mining town of Port Hedland in Western Australia has suggested that both renting and purchasing property in mining towns of its ilk may once again ...
Investigator Resources makes high-grade cobalt find at Cartarpo mine (0) January 23, 2018 Investigator Resources has announced positive cobalt and rare earth element (REE) mineralisation at the Cartarpo cobalt-copper mine in South Australia.
Fortescue recognised for gender equality efforts (0) January 23, 2018 Fortescue Metals Group has been acknowledged for its focus on creating a gender-equal environment across the company.
Gupta secures SA iron ore approvals, could create EV hub (0) January 23, 2018 Two new iron ore mine leases have been granted in South Australia, in a boost to the local Whyalla steelworks.
South32 edges closer to coal spin-off (0) January 23, 2018 South32 has made changes to the responsibilities of its two chief operating officers that will guide the company towards its planned South Africa Energy Coal (SAEC) spin-off.
Blackham seeks transformation with $36m funding plan (0) January 23, 2018 Blackham Resources plans to raise $36 million through an entitlements issue that will help underpin a “transformational 2018” for the Western Australian gold miner.
Rio Tinto launches next step of Mongolian expansion (0) January 22, 2018 Rio Tinto today announced it is to open a new office in the Mongolian capital of Ulaanbaatar, expanding its employee count by upwards of 80 people throughout 2018.
Permanent mining employment makes a comeback (0) January 22, 2018 A buoyant marketplace for permanent work is making a welcome return for job seekers in Australia’s mining industry.
Tiger secures deal to sell copper assets for $US260m (0) January 22, 2018 Copper miner Tiger Resources plans to exit the Democratic Republic of the Congo (DRC) after securing a deal to offload its assets to a Hong Kong investment firm for $US260 ...
Battery Minerals has covered 80% of production through offtake agreements (0) January 22, 2018 Battery Minerals has signed an offtake agreement with Qingdao Keshuo New Minerals Technology over the former’s Montepuez project in Mozambique.
Leading the way with Duratray (0) January 22, 2018 Duratray has been around since the 1970s and is one of the premier suppliers of trays for trucks in the mining industry.
FLSmidth to continue manufacturing in Australia (0) January 22, 2018 FLSmidth has confirmed it will continue to design and manufacture its range of woven-wire screen media for the mineral processing, construction and aggregate industries in Australia.
WA project applications increase by 40% (0) January 22, 2018 The Western Australian Government has released its fourth quarter approvals performance report, showing a 40 per cent boost in project applications through 2017.
Recon commences at Peel Mining-Talisman Mining Lachlan project in NSW (0) January 19, 2018 Peel Mining and Talisman Mining today announced that rock-chip sampling and reconnaissance field mapping has commenced at their joint Lachlan copper-gold project in New South Wales.
IMDEX may purchase Flexidrill, receives exclusivity rights for company’s tech (0) January 19, 2018 Mining equipment and technology provider IMDEX has obtained an exclusive option for the acquisition of New Zealand-based drilling tech company Flexidrill and its patent-protected technologies, which include the CoreVIBE and ...
MacPhersons hits shallow gold mineralisation up to 348g/t (0) January 19, 2018 Explorer MacPhersons Resources has hit more shallow gold mineralisation at the Boorara project near Kalgoorlie in Western Australia.
OceanaGold achieves record gold production (0) January 19, 2018 OceanaGold Corp delivered record annual gold output and met its production guidance for the sixth consecutive year in 2017.
Chalice pulls out of Red Hill Pilbara JV, drilling continues at Kinebik (0) January 19, 2018 Dual-listed (ASX and TSX) Chalice Gold Mines announced yesterday that it will pull out of a joint venture agreement with Pilbara explorer Red Hill Iron, having deemed the company’s results ...
Woodside estimates LNG ramp-up into Q1 2018 (0) January 19, 2018 Woodside Petroleum’s fourth quarter report has been released, and while the company’s overall production levels did not lift by a great deal, its LNG estimates for 2018 are up significantly ...
Kirkland Lake targets 400,000oz a year at Fosterville (0) January 19, 2018 Kirkland Lake Gold plans to increase production at the Fosterville gold mine in Victoria to more than 400,000 ounces (oz) within three years.
Battery Minerals signs offtake agreement with Qingdao Guangxing for 10,000 tonnes of graphite (0) January 18, 2018 Battery Minerals has secured an offtake agreement with Qingdao Guangxing Electronic Materials (GEM) for development of its Montepuez graphite project in Mozambique.
Controversial NSW coal project wins government backing (0) January 18, 2018 The Wallarah 2 underground coal project has been approved by the New South Wales Government despite ongoing community opposition on the state’s Central Coast.
Fatality at Hunter Valley coal mine under investigation (0) January 18, 2018 A death that occurred yesterday at an open cut coal mine in the Hunter Valley, New South Wales is currently being investigated by local government.
DRA to acquire Minnovo Global (0) January 18, 2018 South African engineering company DRA has announced it will acquire Australian explorer Minnovo Global for an undisclosed sum.
Kalium Lakes secures Native Title agreement for potash project (0) January 18, 2018 Western Australian explorer Kalium Lakes has signed a Native Title agreement with Mungarlu Ngurrarankatja Rirraunkaja RNTBC (MNR) for eastern tenement development of its Beyondie sulphate of potash project in the ...
BHP edges closer to US shale exit (0) January 18, 2018 BHP is weighing up several options in a plan to offload its onshore petroleum assets in the United States.
Gruyere gold project construction on track (0) January 18, 2018 The Gruyere joint venture between Gold Fields and Gold Road Resources in Western Australia is on target to pour first gold in the March 2019 quarter, with construction about one-third ...
Saracen posts strong Q4 results, enters deal with Nexus for mine purchase (0) January 17, 2018 Saracen Minerals has posted strong fourth quarter results, with cash and equivalents of $82.9 million on December 31, 2017, up from $60.5 million on September 30, 2017.
Australian Mines’ Perth processing plant on track for January completion (0) January 17, 2018 Following the installation of an important autoclave component at its Perth cobalt sulphate processing plant, battery metals producer Australian Mines has advised that the plant is on course for a ...
Mount Gibson keeps Koolan Island restart on target (0) January 17, 2018 Mount Gibson Iron’s Koolan Island restart project in Western Australia’s Kimberley region remains on track to achieve first sales in the March quarter of 2019.
Alt acquires Mt Ida gold project from Latitude (0) January 17, 2018 Junior explorer Alt Resources has secured a deal to acquire the Mt Ida gold project in Western Australia’s Goldfields region from Latitude Consolidated for $2 million.
Newmont pulls out of Greatland Gold project (0) January 17, 2018 Mining major Newmont has announced it is not going ahead with Greatland Gold’s Ernest Giles project due to a focus on other districts.
OZ Minerals seeks Carrapateena growth as construction ramps up (0) January 17, 2018 OZ Minerals is planning to exploit the potential of the broader Carrapateena province in South Australia as its progresses construction of its copper-gold development in 2018.
Orocobre secures $361m in funding for lithium expansion (0) January 17, 2018 Lithium producer Orocobre has released its fourth quarter results for 2017, with production up a massive 84 per cent on its third quarter at 3937 tonnes.
Vale executes deal for Pantera copper project with Avanco (0) January 16, 2018 Avanco has agreed to a deal with Brazilian major Vale to purchase 100 per cent of its Pantera copper project in Brazil, in an acquisition expected to cost anywhere between ...
SACOME annual report pushes South Australian resources sector (0) January 16, 2018 The South Australian Chamber of Mines and Energy (SACOME) has published its annual State Election document, which calls for a rejection of South Australian mining moratoria among its several suggestions.
Australia’s LNG industry enjoys ‘watershed year’ in 2017 (0) January 16, 2018 Australian liquefied natural gas (LNG) exports hit 56.8 million tonnes (Mt) in 2017, jumping 26.3 per cent from 44.9Mt in the previous year.
Gold group Blackham Resources receives $14.3 million loan to pay off debts (0) January 16, 2018 Western Australian gold mining company Blackham Resources has announced that contractor MACA is to loan the company $14.3 million to help repay its $14.8 million debt to financier Orion.
Rio automation project helps increase iron ore output (0) January 16, 2018 Rio Tinto has met its 2017 Pilbara iron ore shipments target after delivering a 3 per cent year-on-year increase during the December quarter.
Gem Diamonds recovers 910-carat diamond — the world’s fifth largest (0) January 16, 2018 Gem Diamonds may be a London-based company operating in Africa, but we at Australian Mining always love the discovery a massive diamond — wherever it has been found around the ...
Poll gives Adani’s Carmichael mine the green light — just (0) January 15, 2018 A poll undertaken by human resources organisation, Mining People International (MPI), has shown that industry personnel narrowly back the development of Adani’s Carmichael coal mine in Queensland.
New Century flags opportunity for Century zinc mine expansion (0) January 15, 2018 New Century Resources has identified potential to extend the mine life and increase production at the Century zinc mine in Queensland.
Perseus prepares to launch second gold mine this month (0) January 15, 2018 Perseus Mining expects to deliver first gold at its Sissingué operation in Côte d’Ivoire, West Africa this month.
Glencore adds three years to Alliance contract (0) January 15, 2018 Glencore has extended Alliance Aviation Services’ air charter contract at the Clermont coal mine in central Queensland by three years.
Coal, LNG performance defies resources industry opponents: QRC (0) January 12, 2018 Queensland’s resources sector, guided by record liquefied natural gas (LNG) exports and high demand for coal, continues to underpin the state’s economy, according to Queensland Resources Council (QRC) chief executive ...
Kirkland Lake posts record quarterly and annual gold production (0) January 12, 2018 ASX-listed Kirkland Lake Gold has achieved record annual and fourth quarter results, it announced today, with consolidated 2016–17 financial year production of 596,405 ounces, ahead of its guidance rates.
Roy Hill to end Incitec Pivot explosives contract (0) January 12, 2018 Incitec Pivot has lost its contract to supply explosives products and services to Pilbara iron ore miner Roy Hill.
Orinoco Gold hits a 45g/t average at Brazilian operation (0) January 12, 2018 Orinoco has cited the benefits of its back-to-basics approach to milling at its Cascavel gold mine in Brazil, returning six samples from its pilot hammer mill with an average grade ...
Marmota returns positive gold results from Aurora Tank project (0) January 12, 2018 Marmota has returned its first assay results from the Aurora Tank project, which commenced drilling in November 2017.
Tawana to launch lithium production at Bald Hill this quarter (0) January 12, 2018 The Bald Hill lithium mine being developed by Tawana Resources and Alliance Mineral Assets in Western Australia is on track to start production this quarter.
The mining jobs in demand in 2018 (0) January 11, 2018 A report by recruitment agency Hays has expressed the belief that the Australian mining sector has entered 2018 with a renewed optimism as a number of skills shortages have emerged.
MCA pushes new coal ads, nuclear ban lift despite BHP pullout warnings (0) January 11, 2018 The Minerals Council of Australia is to go ahead with advertisements expressing the benefits of coal despite warnings from prominent member BHP that they would pull out of the organisation ...
Dacian Gold set for March start at Mt Morgans project in WA (0) January 11, 2018 Dacian Gold has released an update on its 100 per cent-owned Mt Morgans gold project in Western Australia, stating that construction of the treatment facility is now 90 per cent ...
Lucapa unveils significant diamond discovery in Kimberley region (0) January 11, 2018 Lucapa Diamond Company has made a diamond-bearing lamproite discovery at its 80 per cent owned Brooking diamond project in the West Kimberley of Western Australia.
Minprovise launches jaw crusher for Australian market (0) January 11, 2018 Services company Minprovise has launched a new jaw crusher in its range — the RXJ-Series. Replacing the ASJ Astro Jaw, the RXJ-Series, or REXE-Jaw, is manufactured by Japan’s EarthTechnica.
Atlas Copco bolsters service offering with Australian acquisition (0) January 11, 2018 Atlas Copco has secured a deal to acquire the assets of Australian mining services provider, Hy-Performance Fluid Power.
Rio Tinto to sell aluminium smelter for $US500m (0) January 11, 2018 Britain’s Liberty House has offered $US500 million ($637.6 million) for Rio Tinto’s Dunkerque aluminium smelter in northern France.
Blackstone surges on drilling results at cobalt prospect (0) January 10, 2018 Blackstone Minerals’ first hole of a maiden drilling program at the Little Gem cobalt-gold project in British Columbia, Canada has been rewarding for the ASX-listed explorer.
Gold expert urges caution on cryptocurrency investment craze (0) January 10, 2018 Nicholas Frappell, a general manager at leading Australian precious metals specialist ABC Bullion, has commented to Australian Mining on the recent trend in cryptocurrency, stating that gold and silver remain ...
Deloitte study shows miners pay their fair share of tax (0) January 10, 2018 An independent study by Deloitte Access Economics, the Minerals Tax Survey 2017, has revealed that the Australian minerals industry paid an effective tax take ratio of 51 per cent in ...
Where are Australia’s major mining projects? (0) January 10, 2018 The number of committed mining and energy projects in Australia has increased by 21 per cent over the past year.
Lucapa discovers 103-carat diamond at Lulo project (0) January 10, 2018 Lucapa Diamond Company has recovered a 103-carat diamond from its Lulo diamond project in Angola’s Lunda Norte region.
St Barbara forecasts higher gold production (0) January 10, 2018 St Barbara has lifted its gold production guidance for the 2018 financial year. The miner now expects to produce from 365,000 to 385,000 ounces (oz) of gold from the Gwalia ...
AuStar Gold finds returns positive results from Rose of Denmark mine (0) January 9, 2018 Junior explorer AuStar Gold has returned positive assay results from its Rose of Denmark gold mine, just north of Gaffney’s Creek in Victoria.
Arafura’s rare earth Nolans project in NT receives environmental approval (0) January 9, 2018 Arafura Resources last week received environmental approvals from the Northern Territory EPA’s (Environment Protection Authority) environmental impact assessment report for its Nolans rare earths project.
Aussie exports to reach record high, says government report (0) January 9, 2018 The Department of Industry, Innovation and Science has released its quarterly Resources and Energy report, detailing a rise in the value of Australian projects thanks to iron ore and LNG ...
Port Kembla Coal Terminal shuts out 60 workers (0) January 9, 2018 Port Kembla Coal Terminal (PKCT) in New South Wales has locked out 60 workers due to an ongoing industrial dispute.
Mustang Resources to receive nearly $20 million in funding for ruby project (0) January 9, 2018 ASX-listed Mustang Resources, a rising gem explorer operating out of Mozambique, has secured $19.95 million in convertible note funding from US investment company, Arena Investors.
Cobalt surges to best performing metal of 2017 (0) January 8, 2018 Cobalt prices rocketed by 130 per cent over the course of 2017, ending the year at a price of $96,000 per tonne, an increase of $63,575 from February 2016 levels. ...
Altura to commission Pilbara lithium operation this quarter (0) January 8, 2018 The company reported that construction and development of the project remained on track for commissioning in first quarter 2018, with product sales expected to be launched in second quarter.
Educating operators about Breathe-safe’s air quality management (0) January 8, 2018 Breathe-safe is determined to help mine workers avoid the health issues related to respirable dust through much-needed education.
Artemis looks to Canada for dual listing (0) January 5, 2018 ASX-listed explorer Artemis Resources is seeking a dual listing in Canada.
Metallica secures Urquhart mining lease (0) January 4, 2018 Metallica Minerals has been granted a mining lease for its Urquhart bauxite project in Far North Queensland.
Fortescue welcomes fifth ore carrier to Port Hedland (0) January 4, 2018 Fortescue Metals Group’s latest ore carrier has arrived in Port Hedland, Western Australia.
Glencore offloads Tahmoor coal mine to GFG Alliance (0) January 3, 2018 Britain’s GFG Alliance continues to build its Australian asset portfolio, with its SIMEC Mining division agreeing to acquire Glencore’s Tahmoor metallurgical coal mine in New South Wales.
CORE Skills unveils Data Science industry skills collaboration (0) December 20, 2017 CORE Skills has announced that Rio Tinto and ATCO will be foundation collaborators supporting its 2018 Geoscientist to Data Scientist industry skills pilot program.
Base Resources to acquire 85% of Toliara project for $100m (0) December 20, 2017 Base Resources has announced capital raising of $100 million to acquire an 85 per cent interest in the Madagascan Toliara Sands project from World Titane.
Atlas and Pilbara Minerals make lithium agreement (0) December 20, 2017 Atlas Iron has made a lithium deal with Pilbara Minerals as part of the iron major’s diversification strategy.
Orica to acquire GroundProbe for $205m (0) December 20, 2017 Explosives and blasting specialist Orica has secured a deal to acquire GroundProbe from Crescent Capital Partners for $205 million.
Metso and WEARX join forces to unlock potential (0) December 20, 2017 Metso and WEARX are working together to add more value for mineral processing customers.
BHP could quit World Coal Association, Minerals Council (0) December 20, 2017 BHP has released an industry association review that brings into question its membership of the World Coal Association (WCA) by March 2018 and has threatened to leave the Minerals Council ...
Downer wins $400m mining services contract at Gruyere gold project (0) December 20, 2017 Downer has been awarded a $400 million contract to provide mining services at the Gruyere gold joint venture between Gold Fields and Gold Road Resources in Western Australia.
Battery secures US offtake partner for graphite production (0) December 20, 2017 Battery Minerals has signed an offtake agreement that covers 20 per cent of the first phase of production from its Montepuez graphite project in Mozambique.
Iron ore finishes year strong as prices climb (0) December 19, 2017 Iron ore and coking coal prices have jumped to a three-month high, resulting in a strong finish to the year. Iron ore prices have averaged at $70.60 over the year ...
Coal demand down second year in row, says IEA report (0) December 19, 2017 A new report from the International Energy Agency (IEA) has revealed that global coal demand is in decline for the second year in a row, having fallen by 1.9 per ...
West Wits Mining more than doubles gold resource estimate at Witwatersrand (0) December 19, 2017 West Wits Mining has announced a significant material increase at the Witwatersrand Basin, lifting its mineral resource estimate from 1.38 million ounces to 3.26 million ounces.
RPMGlobal secures MinVu in latest acquisition (0) December 19, 2017 Mining software developer RPMGlobal has agreed to acquire MinVu, a privately owned Australian provider of mine-wide operational reporting and analytics software.
CuDeco restarts Rocklands copper operations (0) December 19, 2017 Queensland copper producer CuDeco has resumed process plant operations and production at its Rocklands mine after work was suspended by the state’s mines department for safety reasons.
Rio Tinto to expand autonomous truck fleet in the Pilbara (0) December 18, 2017 Rio Tinto will work with Caterpillar and Komatsu to expand its fleet of autonomous haul trucks in the Pilbara by more than 50 per cent in 2019.
The future of mining: how smart solutions are boosting productivity (0) December 18, 2017 Automation and smart solutions are fast becoming a reality in the world of mining and boosting productivity along the way.
Prospect Resources makes ultra high-grade lithium discovery (0) December 18, 2017 Australian explorer Prospect Resources has returned lithium carbonate of 99.8 per cent purity from its Arcadia lithium project in Zimbabwe.
Kin Mining announces $10 million capital raising venture for gold exploration (0) December 18, 2017 Following the release of positive drilling results, Kin Mining plans to raise $10 million in equity to fund gold exploration at the Cardinia deposit, part of its Leonora gold project ...
Adani ends Carmichael partnership with Downer (0) December 18, 2017 Adani has decided to manage its $16 billion Carmichael coal mine development in Queensland’s Galilee Basin as an owner-operator, scrapping the agreements it had with contractor, Downer.
Pilbara, Fosterville set up future of gold (0) December 18, 2017 Australian Mining talks to Canadian billionaire Eric Sprott, who is optimistic about the future of Australia’s gold industry on both sides of the country.
Mining starts at Tyranna’s Eureka gold mine (0) December 15, 2017 Perth-based Tyranna Resources has commenced drilling at its Eureka gold mine, 50km to the north of Kalgoorlie.
Orica execs to get bonus cuts due to safety incidents (0) December 15, 2017 Orica chairman Malcolm Broomhead explained at the company’s annual general meeting that the several senior executives would receive bonus cuts in light of two work fatalities during the 2017 financial ...
Woodlawn project on schedule, says Heron Resources (0) December 15, 2017 Development at the 620 square-kilometre Woodlawn zinc-copper project in New South Wales is on budget and on track, according to project owners Heron.
Liebherr targets emerging Australian opportunities (0) December 15, 2017 Liebherr is aiming to expand its position in the Australian market by diversifying its machinery offering for a broader range of miners in the country.
Pilbara Minerals adds $50m to Pilgangoora development costs (0) December 15, 2017 Lithium developer Pilbara Minerals will spend an extra $50 million on the stage one development of its Pilgangoora project in Western Australia.
NAB quits funding of new thermal coal projects (0) December 15, 2017 National Australia Bank (NAB) will no longer fund new thermal coal projects in Australia, making it the first of the country’s ‘big four’ banks to officially quit support of the ...
Clean TeQ to deliver $3.5m water treatment plant at Fosterville mine (0) December 15, 2017 Clean TeQ has secured a $3.5 million contract to develop a mine water treatment plant at Kirkland Lake Gold’s Fosterville operation in Victoria.
Lincom Group sells first Trakpactor 550 in Australia (0) December 14, 2017 Equipment provider Lincom Group, the largest distributor of crushing and screening equipment in Oceania, has delivered Australia’s first Trakpactor 550 from Powerscreen.
RCR increases infrastructure funding by $150m (0) December 14, 2017 Engineering and infrastructure firm RCR Tomlinson has announced that it has extended is bank guarantee from $195 million to $295 million and has received approval for insurance bonding facility increases ...
Mining named SEEK’s fastest growing jobs sector of 2017 (0) December 14, 2017 Online jobs portal SEEK has crowned mining, resources and energy as its fastest growing industry category for employment advertisements in 2017.
Buzz builds in Queensland with Glencore, Rio jobs resurgence (0) December 14, 2017 Leading miners Glencore and Rio Tinto have sent job seekers in Queensland’s mining industry into a frenzy over the past week.
Fortescue christens new iron ore carrier (0) December 14, 2017 Fortescue Metals Group has christened its new ore carrier ‘FMG Matilda’ at a celebratory event in Guangzhou, China.
Newcrest to explore for Tanami gold after Encounter acquisition (0) December 14, 2017 Newcrest Mining is assessing a major tenement position in the Tanami region of Western Australia acquired by project generation alliance partner Encounter Resources.
Bridgestone merger forms Bridgestone Mining Solutions Australia (0) December 14, 2017 Bridgestone Earthmover Tyres (BSEM) and Bridgestone Engineered Products of Asia, Australian branch, (BSEA AU), are to integrate into a new, single company called Bridgestone Mining Solutions Australia (BMSA).
First Cobalt secures up to $30m in financing for cobalt projects (0) December 14, 2017 First Cobalt will issue 25.7 million of its company shares at a price of C$1.10 per share in order to raise C$25 million ($25.56 million), taking advantage of the rising ...
Monadelphous wins resources contracts worth $110m (0) December 14, 2017 Monadelphous has secured maintenance and construction contracts in the resources and infrastructure industries worth a combined value of around $110 million.
QLD Premier requests veto for $1bn Adani loan in letter to PM (0) December 13, 2017 Queensland Premier Annastacia Palaszczuk has sent a letter to Prime Minister Malcolm Turnbull requesting a veto on a $1 billion concessional loan from the Northern Australia Infrastructure Facility (NAIF) for ...
Robotics researchers track autonomous underground machinery (0) December 13, 2017 Queensland University of Technology (QUT) robotics researchers say they have developed new technology to equip underground mining vehicles to navigate autonomously through dust, camera blur and bad lighting.
BGC secures Pilbara contract with NPJV for Atlas Iron’s Mt Webber project (0) December 13, 2017 BGC Contracting is to expand the presence of NPJV in the Pilbara by delivering the company’s contract mining and development workers to Atlas Iron’s Mt Webber mine.
Iluka gives Cataby project the green light (0) December 13, 2017 Mineral sands miner Iluka Resources has approved development of its Cataby project in Western Australia after securing offtake agreements for majority of its synthetic rutile production.
ASIC report: Mining insolvencies have lowered nearly 18% since 2016 (0) December 13, 2017 The Australian Securities and Investments Commission (ASIC) has released a report showing a reduction in mining sector insolvencies compared to last year’s figures.
Newcrest to sell gold operation for $81m (0) December 13, 2017 Australian gold miner Newcrest Mining is set to sell its majority stake in the Bonikro gold operation in Côte d’Ivoire, West Africa to a consortium for $81 million.
Gascoyne executes Dalgaranga mining contract with NRW (0) December 13, 2017 Gold developer Gascoyne Resources has confirmed that NRW Holdings will be its mining contractor at the Dalgaranga operation in the Murchison region of Western Australia.
Thor Mining gains option for Western Shaw Pilbara project (0) December 12, 2017 Thor Mining, a lithium, copper and tungsten-focused operator, has agreed to an option for the 75 per cent purchase of the Western Shaw project from Redstone Metals for $250,000 in ...
Mining and construction strongest Australian job sectors: survey (0) December 12, 2017 The ManpowerGroup Employment Outlook Survey, a national employment survey covering the first quarter of 2018, has suggested the mining and construction industries are part of a burgeoning job market.
QCoal awards $100m of Byerwen contracts to Sedgman (0) December 12, 2017 Mineral processing contractor Sedgman has won contracts at QCoal Group’s Byerwen coal mine in Queensland worth almost $100 million.
New Maptek product CaveLogic offers productive 3D panel caving (0) December 12, 2017 Tech company Maptek, a software innovations provider with over 40 years of experience, has unveiled a new product called CaveLogic, designed to allow mining engineers to panel caves in a ...
Rio Tinto launches Far North Queensland recruitment drive (0) December 12, 2017 Rio Tinto is seeking more than 100 workers for a variety of roles at its bauxite operations in North Queensland.
Gascoyne purchases historical gold tenement north of Dalgaranga (0) December 12, 2017 Gascoyne Resources has purchased a new tenement immediately north of its $86 million Dalgaranga gold project called the Greencock gold prospect.
Total, Santos secure farm-in agreement with Melbana (0) December 12, 2017 French oil and gas major Total and Australia’s Santos have executed a seismic funding and farm-in agreement with Melbana Energy at the WA-488-P licence offshore northern Australia.
Kirkland Lake offloads Stawell gold mine to Australian equity fund (0) December 12, 2017 Canadian miner Kirkland Lake Gold has agreed to sell the Stawell gold mine in Victoria to Melbourne-based equity fund, Arete Capital Partners.
BBI Group’s Pilbara iron ore railway ratified in parliament (0) December 11, 2017 Balla Balla Infrastructure Group (BBIG) has made significant progress with its Western Australia iron ore railway project, having received royal assent to become ratified as a WA act of parliament.
WA environmental watchdog backs BHP iron ore expansion (0) December 11, 2017 BHP’s plan to develop the South Flank iron ore project in the Pilbara has been recommended by the state’s Environmental Protection Authority (EPA).
Northern Star spends $23.2m on Echo stake (0) December 11, 2017 Gold miner Northern Star Resources has invested $23.2 million in Echo Resources to take a 16.4 per cent stake in the exploration company.
Barrick to fund Alicanto 2018 exploration plans (0) December 11, 2017 Barrick Gold has chosen to continue funding exploration at Alicanto Minerals’ Arakaka gold project in Guyana, South America, moving the contract between the companies into its third year.
OZ Minerals awards $312m EPC contract at Carrapateena to Downer, Ausenco (0) December 11, 2017 Joint venture partners Downer EDI and Ausenco have been awarded a $312 million contract at OZ Minerals’ Carrapateena copper-gold project in South Australia.
Artemis Resources gets $6 million in funding for Radio Hill restart (0) December 11, 2017 Artemis Resources has secured $6 million in funding for the refurbishment of its 100 per cent-owned Radio Hill copper-nickel-cobalt plant, which is arranged to restart operations in the second quarter ...
Bougainville landowners to write 2000 signature petition over Panguna mine (0) December 11, 2017 Landowners in Bougainville, an autonomous region of Papua New Guinea, have expressed backing for an RTG Mining-led consortium to take over the abandoned Panguna mine instead of Bougainville Copper (BCL). ...
Welding fume: now classified as carcinogenic to humans (0) December 11, 2017 In early 2017, welding fume was reclassified by the International Agency for Research on Cancer (IARC) classification Group 2B (possibly carcinogenic to humans) to Group 1 (Carcinogenic to humans). This ...
Rugged in-vehicle computers: the answer to industry challenges (0) December 11, 2017 Many companies are upgrading to fleet management systems, which are wirelessly linked to computers on board their vehicles, giving them visibility into the minute-by-minute status of equipment and vehicles. This ...
Resources industry recovery to gather momentum in 2018: analysts (0) December 11, 2017 According to the latest BIS Oxford Economics report, mining exploration, production and maintenance are all expected to lift significantly through 2018.
Locals launch legal action against PNG Gov’t over Nautilus deep sea project (0) December 8, 2017 Nautilus Minerals’ long-in-development Solwara 1 deep sea mining project, located in offshore Papua New Guinea, has fond itself the topic of local legal action against the PNG Government.
Queensland exploration grants to boost north-west activity (0) December 8, 2017 The Queensland Government has awarded $1.13 million of exploration grants, helping nine companies find new deposits of copper, gold and base metals in the state’s north west.
Kin to mine Leonora project (0) December 8, 2017 Gold developer Kin Mining has officially decided to mine its Leonora project in Western Australia.
A sea change for mining (0) December 8, 2017 Deep-sea mining has a storied history; people have been attempting to tap the mineral potential of the Earth’s oceans for decades, with mixed results. As far back as the 1960s, ...
Glencore seeks 200 workers for North Queensland projects (0) December 8, 2017 Glencore is to fill over 200 jobs for various copper and zinc operations in North Queensland, including operations in or near major mining towns such as Mount Isa, Cloncurry and ...
Tropicana JV to boost production, extend mine life with $46m expansion (0) December 8, 2017 Joint venture partners AngloGold Ashanti and Independence Group have unveiled a $46 million plan to lift production and extend the life of the Tropicana gold mine in Western Australia.
Boss banks on bull uranium market with Honeymoon acquisition (0) December 7, 2017 Uranium developer Boss Resources has secured a deal to acquire Wattle Mining, giving it 100 per cent ownership of the Honeymoon project in South Australia.
Australian Mining Cities Alliance launched (0) December 7, 2017 The Australian Mining Cities Alliance (AMCA), a coalition between the mining towns of Broken Hill, Mount Isa and Kalgoorlie-Boulder, has been formally launched today in Canberra by minister for resources ...
Genesis Minerals commences drilling at Barimaia gold project in WA (0) December 7, 2017 A 2500-metre reverse circulation drilling program has commenced at the highly prospective Barimaia gold project in Western Australia.
BHP ends Pilbara contract with Incitec Pivot (0) December 7, 2017 Incitec Pivot’s contract to supply ammonium nitrate prill to BHP’s iron ore operations in the Pilbara will end in late 2019.
Major Finders shareholder rejects Eastern Field takeover offer (0) December 7, 2017 Finders Resources, the target of a recent takeover bid by Indonesian investment consortium Eastern Field Developments that the former has cited as “opportunistic”, has received the support of a major ...
WA Government to help fund 44 drilling projects (0) December 7, 2017 The Western Australian Government has announced that 44 projects will benefit from its Exploration Incentive Scheme (EIS) co-funded drilling program.
Sprott backs Kin with $35m funding package (0) December 7, 2017 Gold aspirant Kin Mining has secured $35 million in financial backing from Canada’s Sprott Private Resources Lending to advance development of its Leonora gold project in Western Australia.
Atlas Copco to acquire Rockdrill Services (0) December 7, 2017 Atlas Copco has agreed to acquire Australian mining services company, Rockdrill Services.
Gascoyne Resources gain funding for Dalgaranga gold project with $60 million bank loan (0) December 7, 2017 Gascoyne Resources has entered into an agreement with Commonwealth Bank of Australia (CBA) and National Australia Bank (NAB) for $60 million in funding for its Dalgaranga gold project in Western ...
Fortescue awards Port Hedland contract (0) December 7, 2017 Fortescue Metals Group has appointed Kotug Australia as its towage services operator at Port Hedland.
South32 expects Dendrobium report by Q1 2018, Appin enters restart phase two (0) December 6, 2017 Paul Harvey, chief operating officer of South32, has stated that community and environmental impact assessments have begun at its Dendrobium coking coal mine in New South Wales.
BHP chief says mining must rise to challenge of environmental change (0) December 6, 2017 BHP chief executive Andrew Mackenzie delivered a speech at the Melbourne Mining Club’s 100th Luncheon yesterday, touching on topics as diverse as the unpredictable future of mining and China’s Belt ...
Renewables help cut energy bills in half: Deloitte (0) December 6, 2017 Miners could drive down energy costs by up to 50 per cent through the implementation of effective energy management programs, according to a Deloitte paper.
Adani referred to corporate watchdog over job claims (0) December 6, 2017 Adani’s claim of creating up to 10,000 new jobs at its $16 billion Carmichael coal project in Queensland have been derided by public interest group Environmental Justice Australia (EJA), which ...
Caterpillar partners with FTP Solutions (0) December 6, 2017 Equipment manufacturer Caterpillar has formed a cooperative agreement with technology company FTP Solutions.
Atlas Copco bolsters haul truck range with MT54 (0) December 6, 2017 Atlas Copco has launched the Minetruck MT54, a haulage truck designed to ramp up productivity in the mining industry.
NTM Gold RC drilling completed at Redcliffe gold project in WA (0) December 5, 2017 Junior explorer NTM Gold has announced that it has completed reverse circulation drilling at the Nambi gold deposit in Western Australia.
From bank teller to diesel fitter — top Cat tradies a hot ticket for jobs (0) December 5, 2017 From trainee to teacher, diesel fitter Dannielle Weston knows all about getting her hands dirty: with every bay filled with machinery needing servicing, Caterpillar dealer Hastings Deering is reporting its ...
Gold exploration prospects rise (0) December 5, 2017 Prospects for gold explorers in Western Australia are stronger than they have been in a while. Exploration was the biggest casualty of the commodities downturn and the gold industry was ...
Fortescue appealing against federal court ruling for native title rights (0) December 5, 2017 Fortescue Metals Group will appeal a July court ruling giving the Yindjibarndi Aboriginal Corporation (YAC) native title rights over a region of Pilbara land that throws into question Fortescue’s tenure ...
Finders urges shareholders to reject “opportunistic” takeover bid (0) December 5, 2017 Finders Resources has released a lengthy target statement on the ASX this morning urging shareholders to reject the “inadequate” and “opportunistic” takeover offer made by Indonesian copper consortium Eastern Field ...
Consolidated Zinc reports first results from Juarez mine (0) December 4, 2017 Consolidated Zinc has reported high-grade zinc results from initial assays at the Juarez mine in Mexico, part of the company’s Plomosas project.