Australia

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.

Australian Potash has inked an agreement with Mitsui & Co to supply 30,000 tonnes a year of K-Brite sulphate of potash (SOP) from the Lake Wells SOP project in Western Australia.

Kirkland Lake Gold has recorded strong production results for the June quarter as the Fosterville gold mine in Victoria continues to bolster its gold output.

Metso has officially merged its minerals business with Outotec to form a new company with aims to become an industry leader across the minerals, aggregates, metals refining and recycling industries.

BHP has announced a unique method of sourcing suppliers in the Australian mining, equipment, technology and services (METS) sector through a new program launched with Austmine.

The Australian Government has injected $125 million into expanding Geoscience Australia’s Exploring for the Future minerals exploration program to strengthen the resources sector.

OZ Minerals has signed a deal to export copper concentrate from its Carrapateena mine in South Australia through SIMEC Mining’s Whyalla Port.