Surging iron ore prices have driven Strike Resources’ decision to restart work on a number of its iron ore projects in Australia and Peru.
The value of capital raising deals in the mining industry has increased significantly in the first quarter this year to more than $US11 billion ($15.7 billion), according to GlobalData.
Liquified natural gas (LNG) now dominates Australia’s petroleum production due to high demand from Asia, according to energy advisory firm EnergyQuest.
Mining services company Ausdrill is dropping a previously announced refinancing plan due to ongoing heated trade debates between the United States and China.
Aspire Mining is heading in the right direction to become a key supplier of high-quality coking coal from Mongolia in the coming years.
Rio Tinto plans to ramp up its assessment of the Winu copper-gold discovery in the far east Pilbara region of Western Australia.
Global gold output is expected to grow to a record 109.6 million ounces by the end of 2019, according to S&P Global data.
BHP chief executive officer Andrew Mackenzie has lauded China’s Belt and Road Initiative (BRI) in a speech in Beijing.
High graphite prices are encouraging development of new projects outside of China, according to market consultant Roskill.
Yancoal Australia has highlighted a continued energy industry demand for high efficiency thermal coal after posting record production and earnings for 2018.
Panoramic Resources has shipped first concentrate from the company’s recommissioned Savannah project in the Kimberley region of Western Australia.
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Australia’s resources exports delivered a record $248 billion in revenue in 2018, according to data from the Australian Bureau of Statistics (ABS).
Technology advancement has a penchant for sparking new global commodity demand in the mining world, with lithium last year’s notable mover.
Fortescue Metals Group is making a strong first impression with its higher grade product in China as prices for iron ore have increased for the miner.
Slowdown in the Chinese economy is the biggest risk to the mining and metals sector in 2019, according to a survey of 51 key decision makers.
Rising investment in Western Australian mining projects and record sales in 2017–18 could see the mining industry return to the conditions of the mining boom, according to research from IBISWorld.
The Port of Gladstone in Queensland exported 20.58 million tonnes of LNG exports in 2018, resulting in a new annual record.
Pilbara Minerals is moving forward with its planned expansion of the Pilgangoora lithium-tantalum project in Western Australia thanks to recent funding developments with Chinese and South Korean companies.
Rio Tinto is discussing an extension of the Bao-HI iron ore joint venture in Western Australia’s Pilbara region with partner China Baowu Group.