News

Doray Minerals completes $25m placement for exploration and mine development (0) February 23, 2018 Doray Minerals, which runs the Deflector gold-copper mine and Andy Well gold mine in Western Australia, has announced the successful completion of a $25 million, two-tranche placement.
Macmahon returns to profitability due to success of new projects (0) February 23, 2018 Contractor Macmahon has released its first half report for 2018, posting $270m in revenue ending December 2017, up $168.3m from the previous period.
Australia falls in Fraser Institute mining investment rankings (0) February 23, 2018 Australia has dropped behind Canada as the most attractive region for mining investment in the annual Fraser Institute survey of mining companies.
Anglo continues met coal revival, studies growth options (0) February 23, 2018 Anglo American’s Metallurgical Coal business has continued its operational turnaround, guided by record production at three underground mines in Queensland.
OZ Minerals well-positioned for growth in 2018 with strong ops focus (0) February 22, 2018 South Australian copper miner OZ Minerals has released its full-year (FY) report for 2017 with positive results all round, buoyed by a strong operational focus that chief executive officer Andrew ...
St Barbara explores new Gwalia mining strategy (0) February 22, 2018 Gold miner St Barbara is investigating a change in its mining and haulage methods at the historic Gwalia mine in Western Australia.
Defunct Iron Duchess mine in SA may be turned into 90MW hydro plant (0) February 22, 2018 The Australian Renewable Energy Agency (ARENA) is to support a $1.7 million feasibility study (FS) regarding the conversion of the disused Iron Duchess mine near Whyalla, South Australia into a ...
Primary Gold backs $37.5m Hanking takeover offer (0) February 22, 2018 China’s Hanking has launched a $37.5 million takeover offer for explorer Primary Gold that has been recommended by the target’s board.
Caterpillar forms underground tech collaboration with Minetec (0) February 22, 2018 Caterpillar and Minetec have established a global licensing, technology development and marketing agreement targeting hard rock mining challenges.
Australian Mines signs 100% offtake with SK for QLD cobalt project (0) February 22, 2018 Cobalt developer Australian Mines has signed an offtake agreement with South Korean electric vehicle (EV) battery manufacturer SK Innovation — parent SK Group is currently 95th on the Fortune Global ...
Another Century mine contract set to be awarded (0) February 22, 2018 New Century Resources has chosen National Pump & Energy (NPE) and Paragon Tailings as its preferred contractors for hydraulic mining services at the Century zinc mine tailings deposit in Queensland.
Stronger US dollar pushes gold price lower (0) February 21, 2018 The gold futures price fell by $US25.10 ($31.87), or 1.9 per cent, to $US1331.20/ounce in Tuesday’s trading.
Altura schedules plant commission for Pilbara lithium project (0) February 21, 2018 Altura Mining has announced it is the critical plant commissioning phase of its Pilbara lithium project, with a stage two definitive feasibility study (target: 400,000 tonnes per annum) on course ...
Fortescue performance hurt by lower iron ore prices (0) February 21, 2018 Fortescue Metals Group has suffered a 44 per cent drop in half year profit due to lower prices for its Pilbara iron ore.
Downer posts $155m in contracts wins (0) February 21, 2018 Downer this week announced $155 million in contract wins through its engineering, construction and maintenance division, including mining and energy deals with Chevron and Alcoa in Western Australia, and BHP ...
Gaines takes over from Power as Fortescue CEO (0) February 21, 2018 Elizabeth Gaines has officially become the chief executive officer of Fortescue Metals Group.
RCT signs agreement with RUC Mining for tech partnership (0) February 21, 2018 Smart technology company RCT has signed an agreement with mining contractor RUC Cementation Mining to deliver new technology to RUC’s Australian and international mining sites.
BHP boosts first-half dividend as commodity prices strengthen (0) February 21, 2018 BHP has joined the industry trend of lifting returns to shareholders by significantly increasing its dividend for the first half of the 2018 financial year.
Northern Star’s Jundee operation set for additional 10-year mine life (0) February 20, 2018 Northern Star has posted its half-year results, and while profits were down slightly the feeling is positive overall due in part to exciting exploration results.
EY report shows four-year high for mining deals in 2017 (0) February 20, 2018 Global mining and metals deals saw a 15 per cent boost in 2017, according to a report from the accountants at Ernst & Young (EY), reaching a four-year high for ...
Western Areas set to capitalise on EV battery demand (0) February 20, 2018 Nickel miner Western Areas is receiving increased interest in its product from the electric vehicle (EV) battery sector, which is pursuing off-take agreements at two of the company’s growth projects.
The benefits of load testing: why it’s vital to ensure your gear is adequately tested (0) February 20, 2018 Load testing equipment in the mining industry can ensure that potential problems and risks are identified before they present a serious issue in the future, including downtime and unnecessary costs. ...
Aeris gains final approval on Torrens copper JV in South Australia (0) February 20, 2018 Aeris Resources has received approval from the South Australian minister for Aboriginal affairs and reconciliation, meaning its Torrens copper-gold joint venture (JV) in the Stuart Shelf region can now go ...
Monadelphous rides resources industry recovery (0) February 20, 2018 The rebound in market conditions in the resources industry is driving an improvement in engineering company Monadelphous’ performance.
MCA appeals for education, workplace relations reform to secure industry future (0) February 20, 2018 The Minerals Council of Australia (MCA) has called for a reform of Australia’s higher education system and for outdated workplace relations to be fixed to build the future workforce in ...
Proximity detection systems now crucial for operating a safe mining site (0) February 20, 2018 Strata Worldwide, a global leader in mine safety innovation, has been working internationally and locally to improve safety in the mining industry through advanced technologies including proximity detection systems.
How to Control Cabin Respirable Mine Dust Exposures and Comply with Occupational Exposure Limits (OEL) (0) February 19, 2018 “Imagine having to breathe through a tiny tube that will continue to shrink in size over time: this is one of the many health risks posed from respirable mine dust.”
Evolution-Emmerson plan restructure of Tennant Creek JV (0) February 19, 2018 Evolution Mining and Emmerson Resources are set to restructure their Tennant Creek Mineral Field (TCMF) joint venture in the Northern Territory.
FMG achieves $2bn milestone with Aboriginal business program (0) February 19, 2018 Fortescue Metals Group (FMG) has announced that its Billion Opportunities programme, commenced in 2011 to promote sustainable business for Aboriginal communities, has just passed $2 billion in funding.
Mincor keeps Widgiemooltha gold production on schedule (0) February 19, 2018 Mincor Resources is on track to start full-scale mining operations at the Widgiemooltha gold project in Western Australia this quarter.
Rio Tinto affirms commitment to power delivery for Mongolian mine (0) February 19, 2018 Rio Tinto has expressed its commitment to seeking a new power delivery solution for its part-owned Oyu Tolgoi copper-gold mine following the Mongolian Government’s cancellation of 2014’s Power Sector Cooperation ...
Millennium to launch underground mine, awards contract (0) February 19, 2018 Millennium Minerals has awarded an underground mining contract at it Nullagine gold project in Western Australia to GBF Underground Mining.
VISA Global Logistics joins MEGATRANS2018 (0) February 19, 2018 Award-winning Australian international logistics company and freight forwarder, VISA Global Logistics, is joining inaugural supply chain event, MEGATRANS2018, to showcase its service offerings.
Santos wins $100m gas supply contract for Century mine restart (0) February 16, 2018 Santos has secured a $100 million contract to supply gas to New Century Resources’ Mt Isa power generation facilities for the Century zinc mine in Queensland.
Newcrest profits drop 48% due to Cadia earthquake, Aussie dollar strength (0) February 16, 2018 Gold miner Newcrest Mining has released its half-year results, posting a statutory profit of $98 million and underlying profit of $116 million as it produced 1.14 million ounces (Moz) of ...
Adani has Federal Court win (0) February 16, 2018 An attempt to stop Adani Australia from registering an Indigenous land use agreement (ILUA) for its Carmichael coal development in Queensland’s Galilee Basin has been rejected in Federal Court.
Eastern Field makes Finders takeover offer unconditional due to lack of other bidders (0) February 16, 2018 Indonesian copper consortium Eastern Field Developments, formed last September in preparation for a hostile takeover of Finders Resources, has decided to make its bid unconditional, citing lack of interest from ...
Growth in job opportunities reflects skills shortages (0) February 16, 2018 Job opportunities in the Australian mining industry have continued to grow significantly in 2018.
Rio Tinto makes board changes (0) February 16, 2018 Moya Greene will join Rio Tinto as a non-executive director in the second half of 2018.
South32 delivers 14% profit increase, doubles dividend (0) February 15, 2018 BHP demerger South32 has just posted its half-year (HY) financial results up to December 2017, posting a 14 per cent jump in profits to $US544 million ($685 million), up from ...
Wollongong Council to convene on housing push for Wongawilli coal mine land (0) February 15, 2018 The Wollongong Council is to meet next week to discuss extensive housing and community developments on Wollongong Coal’s Wongawilli mine land as part of the ambitious West Dapto Vision plans ...
Novo and Artemis post high-grade results at Purdy’s Reward JV in Pilbara (0) February 15, 2018 Artemis Resources and Novo Resources have achieved positive results from their Purdy’s Reward joint venture in Karratha, Western Australia.
Gascoyne’s Dalgaranga gold project ahead of schedule, three months to first gold (0) February 15, 2018 Gold developer Gascoyne Resources has released an update on its Dalgaranga gold project in the Murchison region of Western Australia, saying it is ahead of schedule by a month.
NT iron ore mine set for a revival (0) February 15, 2018 The Roper Bar iron ore mine in the Northern Territory has been cleared to restart under new ownership almost three years after it was closed.
New Acland coal expansion blocked, 700 jobs at risk (0) February 15, 2018 New Hope Group’s expansion plans for the New Acland coal mine in Queensland’s Darling Downs region have received another setback.
Macmahon to acquire QLD coal services company (0) February 15, 2018 Contractor Macmahon this week secured a deal to acquire TMM Group, a Brisbane-based organisation that provides civil and maintenance services to the Queensland coal industry.
Tawana moves Bald Hill lithium project into commissioning (0) February 15, 2018 Tawana Resources, with joint venture partner Alliance Mineral Assets (AMAL), has started commissioning of key infrastructure at the Bald Hill lithium-tantalum mine in the Eastern Goldfields of Western Australia.
Westgold buys S2 Resources’ Polar Bear project in WA (0) February 14, 2018 Westgold Resources has secured a deal to acquire S2 Resources’ (S2) interests in the Polar Bear project, Eundynie joint venture and Norcott project in Western Australia in exchange for $9 ...
Macmahon signs with LiveHire to meet recruitment demands (0) February 14, 2018 Mining services company Macmahon has launched LiveHire’s Live Talent Community technology across the company to support its growing recruitment needs for new contracts.
AIS to rebrand as BME Australia (0) February 14, 2018 Brisbane’s Advanced Initiating Systems (AIS) is to rebrand as BME Australia as part of a rebrand led by South African explosives company BME, AIS’s majority shareholder. The name change is ...
Dacian delivers third Mt Morgans discovery seven weeks from first gold (0) February 14, 2018 Dacian Gold has confirmed the Cameron Well prospect as the “third significant gold discovery” at its Mt Morgans gold project near Laverton in Western Australia.
Trump tax change delivers $US1.8bn hit to BHP (0) February 14, 2018 BHP will record a $US1.8 billion ($2.3 billion) tax expense in its upcoming half-year report due to changes to the US corporate income tax rate.
Zenith to energise Newmont’s Tanami gold mine (0) February 14, 2018 Zenith Energy has executed a power purchase agreement (PPA) to build, own and operate a 62MW power station for Newmont Mining’s Tanami gold mine in the Northern Territory.
Rio Tinto teams up with AusIMM on three-year partnership (0) February 13, 2018 Rio Tinto has formed a $1.2 million, three-year partnership with the Australasian Institute of Mining and Metallurgy (AusIMM).
TerraCom extends Blair Athol mine life (0) February 13, 2018 TerraCom has secured an extension to the mine life at the Blair Athol thermal coal operation in Queensland.
‘Freak storm’ halts Westgold operation (0) February 13, 2018 Westgold Resources expects to lose about a week of production at its Central Murchison gold operation in Western Australia following a severe storm last weekend.
Intermin consolidates gold project near Golden Mile (0) February 13, 2018 Gold miner Intermin Resources has consolidated tenements making up the Lakewood project near Kalgoorlie in Western Australia.
Griffin Coal miners end six-month strike, take big pay cut (0) February 13, 2018 The Australian Manufacturing Workers’ Union (AMWU) has ended a six-month dispute with the Fair Work Commission (FWC) over pay for miners at the Griffin Coal’s coal mine in Collie, Western ...
Pilbara Minerals plans Pilgangoora lithium expansion in 2018 (0) February 13, 2018 Lithium developer Pilbara Minerals has forecast that the stage two expansion to more than double capacity at its Pilgangoora project in Western Australia will cost $207 million.
Eight tips for creating a good weld (0) February 12, 2018 It’s important to know the basic principles to create a safe, strong and clean weld. Mathew Hefferan, field applications specialist at Welding Industries of Australia (WIA), shares his top eight ...
The benefits of load testing: why it’s vital to ensure your gear is adequately tested (0) February 12, 2018 Since opening its state-of-the-art service centre in Mackay, Queensland in March 2017, SEW-EURODRIVE has been working with its mining operator customers to ensure their gearboxes and drives are performing at ...
Northern Minerals ramps up Browns Range recruitment (0) February 12, 2018 Northern Minerals has made “steady progress” on the installation of a pilot plant for its Browns Range heavy rare earths project in the East Kimberley of Western Australia.
Triton Minerals signs offtake term sheet with Haida (0) February 12, 2018 ASX-listed Triton Minerals has signed an offtake agreement with Chinese graphite major Haida Graphite for the supply of graphite concentrate from the Ancuabe project in Mozambique.
Realm Resources rejects Taurus takeover bid as ‘inadequate’ (0) February 12, 2018 Coking coal producer Realm Resources has released a statement advising shareholders not to act on an unsolicited, off-market takeover offer from Taurus Resources, first announced February 9.
De Grey Mining secures Pilbara gold growth (0) February 12, 2018 Gold aspirant De Grey Mining has executed a deal to acquire the Indee Gold project in the Pilbara from Northwest Non-Ferrous Australian Mining (NNAM) for $15 million.
Lucapa recovers first diamonds from Mothae (0) February 12, 2018 ASX-listed Lucapa Diamond Company has reported the first diamond recoveries from its 70 per cent owned Mothae kimberlite mine in Lesotho, Africa.
Mitchell Services to acquire Radco Drilling (0) February 12, 2018 Mining contractor Mitchell Services, through subsidiary Well Drilled, will acquire privately-owned Radco Drilling for $5.3 million.
CARMA solution produces improved availability results (0) February 12, 2018 REMA TIP TOP’s asset reliability management approach, CARMA, has again shown its value in delivering long-term cost reductions and improved availability results.
Artemis and CSIRO team up for Karratha gold investigation (0) February 12, 2018 Artemis Resources will team up with the Commonwealth Scientific and Industrial Research Organisation (CSIRO) to investigate gold mineralisation at the explorer’s Karratha mining tenement in the Pilbara, Western Australia.
OZ Minerals, Minotaur end Prominent Hill exploration partnership (0) February 12, 2018 OZ Minerals and Minotaur Exploration have mutually decided to end an exploration collaboration in the Prominent Hill area of South Australia.
MinRex Resources hits gold at Pilbara project (0) February 9, 2018 MinRex Resources has announced gold assay results of up to 17.1 grams per tonne from rock chip sampling at its Marble Bar project in the Pilbara, Western Australia.
Aurizon abandons application for Galilee Basin rail funding (0) February 9, 2018 Rail operator Aurizon will withdraw an application to the Northern Australia Infrastructure Facility (NAIF) for funding to assist with a rail development in the Galilee Basin in Queensland.
WA Supreme Court dismisses conservationist appeal against uranium project (0) February 9, 2018 The Supreme Court of Western Australia has released a judgement dismissing an appeal to stop development of Cameco’s Yeelirrie uranium project in Northern Goldfields.
BHP grows Olympic Dam workforce as operations ramp up (0) February 9, 2018 BHP is continuing a recruitment drive for the Olympic Dam mine in South Australia as it ramps up operations to full capacity in the current quarter.
Anglo to pull out of Star Mountains JV (0) February 9, 2018 Anglo American plans to withdraw from the Star Mountains copper-gold exploration joint venture with Highlands Pacific in Papua New Guinea.
SIMPEC secures work with BHP, MSP Engineering (0) February 8, 2018 WestStar business, SIMPEC, has won more mining services work, including a contract with BHP. SIMPEC secured its first contract for construction work at Iluka Resources’ Cataby mineral sands development in ...
Blackham Resources posts record production at Matilda-Wiluna project (0) February 8, 2018 Blackham Resources, responsible for the Matilda-Wiluna gold operation in Western Australia, has announced a record production month for January, producing 6,490 ounces of gold.
Staying hydrated at Australian mine sites (0) February 8, 2018 The summer months may have finished, bringing cooler weather, but that doesn’t decrease the importance of staying hydrated at mine sites. Australian Mining explains.
Australian coal exports set new record in 2017 (0) February 8, 2018 Australia’s coal export values have hit a new peak of $56.5 billion in 2017, according to the latest trade data from the Australian Bureau of Statistics (ABS).
Avanco pushes CentroGold project towards 2Moz (0) February 8, 2018 Brazilian-focused miner Avanco has delivered a 20 per cent increase in gold ounces at its CentroGold project in Maranhão State.
WPG Resources hits massive gold strike at Tarcoola project in South Australia (0) February 8, 2018 WPG Resources has struck a 607.75 grams per tonne (g/t) gold intersection from infill drilling at Perseverance pit, part of the company’s Tarcoola project in South Australia.
The most valuable mining brands (0) February 8, 2018 Australian miner BHP has unseated Glencore as the most valuable brand in mining, according to research from Brand Finance.
Rio Tinto profits spike, record dividend on the way (0) February 8, 2018 Strengthening commodity prices have guided Rio Tinto to an almost doubling of profits and a record dividend for shareholders.
Komatsu event in Brisbane will mentor tech startups (0) February 7, 2018 A Komatsu ‘hackathon’ event in Brisbane entitled Komatsu: Transform Mining will allow participants to pitch their products to the engineering giant, in an opportunity that could create jobs in ...
Zinc junior Trek acquires Kroussau zinc-lead project in Gabon (0) February 7, 2018 Australian junior Trek Metals will acquire 100 per cent of the Kroussau zinc-lead prospect in Gabon, Central Africa, from Battery Minerals for $US400,000 ($506,000) in cash, and $US2.5 million ($3.16 ...
New Century secures first buyers of Century zinc (0) February 7, 2018 New Century Resources has executed the first long-term offtake agreement for zinc concentrate produced at the Century zinc mine in Queensland.
Gold mine production edges higher in 2017 (0) February 7, 2018 Global gold mine production finished 2017 fractionally higher than the previous year, according to the World Gold Council (WGC).
Proof Engineers collaborate with Curtin on new road monitor (0) February 7, 2018 Queensland-based design firm Proof Engineers has teamed up with Curtin University’s WA School of Mines on a new road monitoring device, the Road Condition Monitor (RCM).
Tawana Resources secures $5 million loan for Bald Hill (0) February 7, 2018 Tawana has announced a $5 million binding agreement with German lithium company Weier, a subsidiary of China’s Jiangte Special Electric Motor Co (JSMC).
Hastings Deering apprentice intake rises to four-year high (0) February 7, 2018 A record 48 new apprentices started work for Hastings Deering’s mining and construction divisions this week.
Mining recovery boosts CIMIC performance with new contracts (0) February 7, 2018 Global contractor CIMIC has used improving market conditions in mining and minerals processing to help increase its 2017 profits by 21 per cent.
Adani jobs promise for Carmichael comes under fire (0) February 7, 2018 Adani’s pledge to create 10,000 direct and indirect jobs through the development of the Carmichael coal mine in Queensland has been questioned by Federal Opposition Leader Bill Shorten.
Ausdrill MD Sayers to retire after 30 years (0) February 6, 2018 Long-serving Ausdrill managing director Ron Sayers is to retire from the company in 2019.
Elliott Management renews calls for BHP restructure (0) February 6, 2018 Investor Elliott Management has again suggested that BHP should review its dual-listed structure and reorganise as a single company in Australia to add over $22 billion in value for shareholders.
Arrow Minerals raises $5.2m through JV agreement with Independence Group (0) February 6, 2018 Arrow Minerals has secured an agreement with nickel-gold producer Independence Group (IGO) to enter into a joint venture for the Plumridge nickel project in Western Australia.
Gold Road acquires Sumitomo stake in South Yamarna project (0) February 6, 2018 Gold Road Resources has confirmed an agreement to acquire Sumitomo Metal Mining’s 50 per cent interest in the South Yamarna project in Western Australia for $7 million.
Nominations for 2018 Prospect Awards are now open (0) February 5, 2018 The 2018 Prospect Awards could be the biggest event so far in its 15-year history.
Millennium appoints Ausenco for Nullagine feasibility study (0) February 5, 2018 Millennium Minerals has appointed engineering firm Ausenco to complete a feasibility study on an alternate processing option as part of its sulphide ore expansion study at the Nullagine gold project ...
Heron awards Woodlawn contract to Port Kembla (0) February 5, 2018 Base metals developer Heron Resources has awarded a port services contract for its Woodlawn zinc-copper project in New South Wales to Port Kembla Gateway (PKG).
Newfield Resources may acquire Stellar Diamonds (0) February 5, 2018 Western Australian explorer Newfield Resources, known for its gold projects in WA and diamond projects in Sierra Leone, has announced a takeover offer to acquire UK-based junior Stellar Diamonds.
Federal minister says no funding for Adani rail line (0) February 5, 2018 Liberal-National Coalition MP Karen Andrews has stated that the Northern Australia Infrastructure Facility (NAIF) will not be providing federal funding for Adani’s Galilee Basin rail line port link out of ...
Glencore awards contract extension to Airnorth (0) February 5, 2018 Airnorth has retained its contract to provide chartered air services to Glencore’s McArthur River mine (MRM) in the Northern Territory.
Hastings Technology Metals restructures $12m rights issue following positive response (0) February 2, 2018 Following positive reception to a $12 million capital raising venture announced on January 30, Hastings Technology Metals is to restructure its raising from a shareholder purchase plan to a non-renounceable ...
Newmont adds three years to Alliance contract (0) February 2, 2018 Gold miner Newmont Mining has extended its air charter contract with Alliance Aviation Services’ by a further three years.
Glencore to increase base metals production (0) February 2, 2018 Diversified miner Glencore looks set to increase its Australian base metals production this year after the local operations mostly recorded falls in output during 2017.
Lithium Australia to develop large-scale pilot plant by 2021 (0) February 2, 2018 Lithium Australia has committed to a large-scale pilot plant (LSPP) utilising its SiLeach technology, which underwent a preliminary feasibility study in July last year to positive results.
GAM plans to redevelop Greenbushes into world’s largest tantalum source (0) February 2, 2018 Global Advanced Metals (GAM) wants to launch direct tantalum mining at the Greenbushes operation in Western Australia in the next 12 months.
Lucapa sells more than 4000ct of diamonds (0) February 2, 2018 Lucapa Diamond Company, with its project partners, has completed the first sale of alluvial diamonds in 2018 from the Lulo operation in Angola, offloading more than $US9 million worth of ...
Mineral Resources lines up Ausdrill for $180m lithium contract (0) February 1, 2018 Mining services company Ausdrill has received a letter of intent from miner Mineral Resources for a three-year contract at the Wodgina lithium operation in the Pilbara of Western Australia.
Stavely secures $8.3m capital raising for copper-gold exploration in Victoria (0) February 1, 2018 Stavely Minerals has announced successful capital raising of $8.3 million to fast-track its exploration projects in Victoria and Queensland.
Artemis locks in funding for Pilbara gold ventures (0) February 1, 2018 Junior explorer Artemis Resources has received commitments to raise $6.5 million in capital to fast track its planned mining and exploration activities in Western Australia.
Komatsu to ramp up automation deployment (0) February 1, 2018 Komatsu plans to accelerate the pace of mining automation through the ongoing development of its autonomous haulage system (AHS).
BDO predicts robots will replace over half of miners by 2020 (0) February 1, 2018 A report from global advisory organisation BDO Australia has predicted a number of future trends in the mining industry, including the prediction that 50 per cent of miners will be ...
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 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.