IGO

IGO has delivered on FY22 production and cost guidance, with group sales revenue of $278 million and underlying EBITDA of $258m for the quarter, driven by record sales revenue at Nova and increased net profit from the TLEA lithium venture, both in Western Australia.

IGO has acquired a 70 per cent interest in Matsa Resources’ Fraser Range Tenements in Western Australia.

IGO has entered a farm-in and joint venture (JV) with Venus Metals to progressively acquire up to a 70 per cent interest in the Bridgetown Greenbushes Exploration Project in Western Australia.

Western Australian miner IGO Limited’s acquisition of Western Areas is all but finalised, following approvals by the latter’s shareholders, the Supreme Court of Western Australia and the Australian Securities and Investment Commission.

Setting goals in sustainable mining is one thing, but ensuring those goals have a tangible pathway to succeed is quite another. 

Zenith Energy and 5B have signed an ecosystem framework agreement for the deployment of renewable energy assets in Australia, giving mine sites greater access to clean energy.

Five teams have been selected to test ideas for the Electric Mine Simulation crowd challenge where they will be supported to develop ideas.

Rio Tinto, Newmont, Gold Fields, Anglo American and Alcoa were all among the mining operators recognised in S&P Global’s Sustainability Yearbook for 2022.

IGO has continued its partnership with Zenith Energy to prove it is possible to use 100 per cent renewables to meet the demands of an operational mine site.

After another big year in the resources industry, Australian Mining looks back at some of the most significant contracts to take place in 2021.

As lockdown rules ease and borders reopen, planning for the International Mining and Resources Conference is back on track for the rescheduled dates of January 31 to February 2, 2022.

IGO has signed an agreement with Australian Vanadium to trial its vanadium redox flow battery standalone power system at its Nova operation in WA.

Major miners such as OZ Minerals, IGO, South 32 and Evolution Mining have launched the Electric Mine Simulation challenge.

IGO has helped to produce the first lithium hydroxide chemical product from the Kwinana Lithium Hydroxide Refinery, as part of its joint venture (Lithium JV) with Tianqi Lithium Corporation.

The University of Adelaide will lead a project to develop tools and guidelines for mining’s transition to battery electric vehicles, funded by the FBICRC.

Roy Hill has suggested filling vacant mining roles with out-of-work airline pilots to combat the resource sector’s growing skills shortage.

The Queensland Government has awarded 16 companies with a share in over $2.5 million for the fifth round of its Collaborative Exploration Initiative.

IGO has beaten its production target at the Nova nickel-copper-cobalt operation in Western Australia following higher feed grades and recoveries.

IGO and Barminco have completed a trial of Normet’s SmartDrive Charmec battery electric vehicle at the Nova nickel-copper-cobalt mine in Western Australia.

Keep up with the latest executive movements across the mining sector, including at IGO, Resolute Mining, Aeon Metals and more.