The Australian Government is prioritising the development of the nation’s position as a global supplier of rare earths and high performance metals.
BHP will significantly reduce energy prices at its Escondida and Spence copper mines after signing new renewable energy contracts at the Chilean mines.
Fortescue Metals Group plans to use solar power for up to 100 per cent of its daytime energy requirements at the Chichester Hub iron ore operations in the Pilbara.
OZ Minerals is embarking on an energy-focused project with six other notable industry organisations called the Energy and Mining Collaboration (EMC).
Coal is forecast to almost completely disappear from Australia’s electricity system by 2050 if governments do not attempt to keep plants online with subsidies, according to the latest economic analysis from BloombergNEF (BNEF) New Energy Outlook 2019.
Rio Tinto is strengthening a commitment to become a key supplier of materials for battery and electric technologies at the Jadar lithium project in Serbia and at its copper ventures around the world.
Woodside Petroleum chief executive officer Peter Coleman has conceded that the company will find it difficult to reduce emissions.
Rio Tinto will reduce its annual carbon footprint at the Kennecott copper operation in Utah, United States by up to 65 per cent with a switch from coal power to renewable energy.
Labor leader Bill Shorten has pledged to invest $75 million in the discovery of mining resources should he win the upcoming federal election.
Battery Minerals’ second major graphite operation Balama Central in Mozambique boasts a mine life of 27 years and will cost just $US69.4 million to develop, its feasibility study has shown.
Pilbara Minerals has officially opened the Pilgangoora lithium-tantalum project, with steady plans to progress its stage two expansion to 5Mt/y.
Mining mergers and acquisitions rose by $US25 billion during the first quarter of 2018, up 86 per cent year-over-year (YoY), according to a new report from EY.
Replacing diesel with renewable energy on remote mine sites is an increasing goal in Australia but one that can’t be achieved without the reliability of energy storage solutions.
South32 has extended Energy Developments’ electricity supply contract at the Cannington silver-lead-zinc mine in North Queensland by 14 years to 2032.
South32 plans to use solar energy to power key infrastructure at its Cannington lead-silver operation in Queensland.
A report from global advisory organisation BDO Australia has predicted a number of future trends in the mining industry, including the prediction that 50 per cent of miners will be replaced by robots by 2020.
Engineering and infrastructure firm RCR Tomlinson has announced that it has extended is bank guarantee from $195 million to $295 million and has received approval for insurance bonding facility increases of $50 million, for a total of $150 million in increased funding.
Miners could drive down energy costs by up to 50 per cent through the implementation of effective energy management programs, according to a Deloitte paper.
BHP has partnered with US firm Rocky Mountain Institute on the Sunshine for Mines program, focused on redevelopment of disused mining sites.
BHP wants to add more copper resources to its global portfolio to capitalise on an expectation that there will be an upsurge in demand in the coming years.