China

Western Australia has welcomed the Golden Gateway joint venture (JV) between China’s leading gold producer and Perth-based PCF Capital Group.

Former Australian Prime Minister John Howard is perplexed by the attacks that are made on the mining industry despite its contribution to the country’s wealth.

Fortescue Metals Group has achieved record quarterly shipments from the Pilbara as the iron ore giant continues to capitalise on strong Chinese demand.

Altura Mining is set to receive a $22.4 million boost from China-based shareholder Ningbo Shanshan to advance its lithium project in Pilgangoora, Western Australia.

Northern Minerals will launch an ambitious ramp up of exploration and development at its Browns Range rare earths project in Western Australia after securing new funding.

Kalium Lakes expects to make a final investment decision (FID) for the Beyondie sulphate of potash (SOP) project in Western Australia this quarter following a funding approval from the German Government.  

Chinese-backed MMG has blamed the US-China trade dispute for a fall in base metal prices during the June quarter that affected the company’s results.

The Australian Government expects commodity export earnings to peak a year later than expected due to a swing in the global iron ore price and a slight weakened exchange rate against the United States dollar.

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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