Australia

Newmont has offset a production downturn with higher grade ore milled at four of its global assets, including the Boddington gold mine in Western Australia.

The International Copper Study Group (ICSG) has found that global copper mine production remained stable in 2020 despite production declines in Australia.

The Australian Trade and Investment Commission (Austrade) has flagged strong demand for critical minerals following indications that the United States plans to develop renewable energy facilities and extensive electric vehicle (EV) supply.

Coronado Resources is expecting demand from international markets for its metallurgical coal will climb 14 per cent by 2030.

Australia’s iron ore exports have declined following port shutdowns in Port Hedland due to cyclone concerns, according to Australian Bureau of Statistics (ABS) data.

Global nickel demand is expected to rise by 2.6 million tonnes in 2040, with Australia’s greenfield and brownfield projects to play a significant role in future demand, according to a Roskill report.

Prices for Australia’s high-grade iron ore fines have increased this week after data on China’s steel output in 2020 was revealed.

Glencore will supply cobalt to Chinese battery manufacturer Green Eco-manufacture Hi-tech (GEM) for an additional five years after expanding their partnership.

NRW Holdings has offered to takeover engineering group Primero Group for $100 million, an offer that the boards from both companies have unanimously agreed to.

BHP chief executive Mike Henry has underlined the importance for nations to strengthen their ties following the signing of the world’s biggest trade deal among 15 countries.

Rio Tinto will tender a selection of rough diamonds from its Australian and Canadian mines in October and November this year.

Australian mid-tier gold miners looking to North America for growth view their flurry of recent acquisitions as a “beachhead” to expand further.

Australian Potash is set to deliver the country’s lowest carbon emitting potash project at its Lake Wells operation in Western Australia.

Alacer Gold and SSR Mining have been granted final regulatory clearance for the two companies’ pending merger, which was announced in May.

GHH, a German manufacturer of mining, tunnelling and civil engineering machinery, has set out to grow its Australian market presence.

Perenti has announced it is targeting an $8.8 billion tender pipeline which will begin to materialise in the second half of the 2021 financial year.

The Australian Government has provided a $125 million expansion to Geoscience Australia’s exploring the future program to focus on two recently discovered resource potential corridors that cover the length of the country.

The Australian mining sector is at a ‘transition point’ with concerns over commodity price volatility expected to be amplified, according to KPMG’s Australian mining risk forecast 2020/21.

Newcrest Mining has continued its bullish development at its Cadia gold mine in New South Wales, leading to operational records headlining the June quarter.

South32 has delivered record production at the Australia Manganese operation in the 2020 financial year, pushing it to above average sales in the June quarter.