Australia

Volatile prices of commodities or raw materials is the major trend observed in the last few years, according to Grand View Research. The mining equipment market is also expected to witness the impact of this unpredictability.

The World Gold Council (WGC) has released an essay collection called Gold 2048, which claims that due to an expanding middle class contingent in countries like China and India, demand for gold will rise.

A global tax expert has warned that Australia is ill-prepared to deal with the global implications of the United States administration’s company tax reform.

South32 is expanding its exploration partnership with AusQuest by providing funding for an additional four opportunities.

Federal Government statistics have been released showing that Australia has the world’s largest identified resources in nine major mineral commodities.

Australian gold output reached its highest mark since 1999 last year, maintaining the country’s place as the world’s second largest producer behind China, the latest data from Surbiton Associates has revealed.

Australia has dropped behind Canada as the most attractive region for mining investment in the annual Fraser Institute survey of mining companies.

Global gold mine production finished 2017 fractionally higher than the previous year, according to the World Gold Council (WGC).

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.

Anglo American has appointed Tyler Mitchelson as the next chief executive officer of its metallurgical coal business.

The number of committed mining and energy projects in Australia has increased by 21 per cent over the past year.

Machinery manufacturer BELAZ believes the time is right for the company to make an impact in Australia with its mining equipment.

Mining services company Ausdrill has secured contract extensions in Australia and Africa.

The Australian Government plans to revive greenfields exploration through a new scheme.

Annual gold production in Australia continued its slow upward trend in the 2017 financial year, according to gold consultants, Surbiton Associates.

Komatsu has established a new Australian management team focused on market innovation.

Most of the locally-listed Australian gold producers are well placed to deal with the recent strength in the Australian dollar, thanks in part to their use of gold sales’ hedging mechanisms, according to gold mining consultants Surbiton Associates.

Anglo American is prepared to play a major part in redesigning the future of mining.

Komatsu has launched a project management technology it says will add significant benefits to the construction phase of mining.

The doom-and-gloom surrounding the future of the price for iron ore remains on the back burner after its value spiked more than 7 per cent over night.