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.
The employment rate for geoscientists across Australia has improved during the second quarter of this year despite the coronavirus pandemic.
The Queensland Government has backed Stanmore Coal’s Isaac Downs project near Moranbah by naming it a prescribed project for the state.
The Northern Territory Government will invest $26 million in resources, mining and petroleum, acknowledging the strong contribution of mining to jobs and investment in the territory.
Queensland has prepared for the possibility of border closures for months, and it is not allowing the entry of workers except in special circumstances.
Glencore will temporarily shut down sites and equipment at a number of New South Wales and Queensland coal operations to manage its production profile as the COVID-19 pandemic continues to impact the global market.
Coronado Resources has endured what it has called “one of the most challenging periods in the last 50 years” for the steel and metallurgical coal sectors.
Newcrest Mining has encountered a positive COVID-19 case at its Lihir operation in Papua New Guinea (PNG).
Ok Tedi Mining has halted operations in Tabubil, Papua New Guinea after the mining town recorded seven positive COVID-19 cases.
US gold prices have the potential to rise as high as $US3000 ($4166) per ounce, according to Edison Group analyst Charles Gibson.
International Mining and Resources Conference (IMARC) 2020 has been postponed due to COVID-19.
Mining services based in metropolitan Melbourne will be forced to shut down after the state government announced stage 4 restrictions to stop the spread of COVID-19.
Gold has traded above $US2000 ($2805), another record high for the precious metal, before settling just below this peak.
Employment in the mining sector has remained strong during the COVID-19 pandemic, according to a Minerals Council of Australia study.
South Australia has warned that Victoria’s mining equipment, technology and services (METS) sector is likely to face disruptions following changes to the former’s COVID-19 travel rules.
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.
Iron ore is the first Australian commodity to crack $100 billion in annual export value, according to the Australian Government’s latest Resources Energy Quarterly report.