covid-19

A dip in the output of the resources sector caused by COVID-19 may have been sharp but it has also proven to be relatively short-lived, according to the Resources and Energy Quarterly September report.

The Australasian Institute of Mining and Metallurgy (AusIMM) will combine in-person and virtual components to deliver a hybrid event model for its 2021 conference series.

Rio Tinto has pushed ahead with $75 million of planned maintenance shutdown work at its two alumina refineries in Gladstone, Queensland, this year.

Yancoal is closely monitoring the condition of international coal markets to best assess how its business will be impacted for the remainder of 2020 and beyond.

New Hope Group forecasts that 500 jobs could be created, and a further 125 jobs saved, if the New Acland coal mine in Queensland finally wins a stage three approval.

The mining sector is an economic behemoth for Australia, but the industry must be prepared for a number of emerging risks.

BHP has added more than 5000 people to its workforce in the 2020 financial year.

Copper prices have continued to rise this week to almost $US6800 per tonne ($9345) as global concerns of a lack of supply continue.

The most notable trend related to the transition to electric vehicles (EVs) over the last 12 months is the acceleration in electric car sales in Europe.

Chief Minister Michael Gunner has described the Northern Territory as Australia’s rebound capital, providing the safest and quickest way to get back to business following the COVID-19 pandemic. Australian Mining speaks with two companies about the opportunity.

The mining industry has bucked the national trend with an increase in output during the June quarter, according to Minister for Resources, Water and Northern Australia Keith Pitt.

With the announcement of the 2020 Prospect Awards looming, Australian Mining reached out to its sponsors to stay on the pulse of what’s happening in the industry.

A McKinsey & Company survey has revealed that Australia experienced the lowest levels of disruption at its mining operations due to COVID-19.

Northern Minerals has set its sights on extending the life of the Browns Range rare earths project in Western Australia by more than 20 years.

Australian gold production experienced a strong recovery during the June 2020 quarter, with output totalling 85 tonnes, more than 10 per cent above the March quarter.

Pilbara Minerals has continued to battle against weak customer demand for lithium raw materials, moderating its mining and processing operations while Chinese market conditions remain soft.

BHP chief executive Mike Henry has outlined the company’s goal to grow its future-facing commodity assets, including copper, nickel and potash over the coming year.

Sandfire Resources is well positioned to take advantage of recent recovery to copper prices, as they are up 35 per cent from COVID-19 lows experienced earlier in 2020.

Whitehaven Coal has struggled against low coal prices during the 2020 financial year, with a decrease in revenue of 31 per cent compared with last year.

BHP has now developed more than three quarters of the South Flank iron ore project in the Pilbara region of Western Australia.