A $218 million research organisation designed to develop mineral-discovery technologies has been launched by South Australian Energy and Mining Minister Dan van Holst Pellekaan.
The Groote Eylandt Mining Company (GEMCO), a joint venture between South32 and Anglo American, has awarded a three-year drilling contract at the Groote Eylandt manganese mine to Boart Longyear.
Following a previous deferral, coal services contractor Mastermyne is to commence road development services at South32’s Illawarra metallurgical coal operation in New South Wales over a period of two years.
Northern Star is set to acquire the 4.1 million ounces Pogo underground gold mine in Alaska in a deal worth $US260 million ($347 million).
South 32 has delivered a 16 per cent increase to underlying earnings and 8 per cent increase to post-tax profits due to “stronger commodity prices and [company] efforts to mitigate inflationary pressure.”
South32 has exercised its exclusive earn-in option on Inca Minerals’ maiden Greater Riqueza zinc-silver-lead project in Peru.
South32 has completed a $US1.3 billion ($1.8 billion) acquisition of Arizona Mining, paving the way for it to develop the Hermosa base metals project in the United States.
South32’s production of manganese reached a record 5.5 million wet metric tonnes (Mwmt) in the 2018 financial year, a 10 per cent year-on-year increase.
There are a series of stakeholders that mining companies need to deliver social outcomes to. Deloitte’s Ian Sanders tells Australian Mining how they can achieve this.
Eight mining equipment, technology and services (METS) companies have received a total of $7.14 million from the Department of Industry, Innovation and Science to tackle METS sector priorities.
South32 is acquiring the 83 per cent it does not already own of US-focused Canadian zinc-lead-silver miner Arizona Mining for $US1.3 billion ($1.75 billion) via an all-cash offer.
South32 has secured an option to form a 70/30 joint venture with Silver Bull Resources at the Sierra Mojada zinc-silver project in Mexico.
South32 plans to acquire a 50 per cent interest in the Eagle Down metallurgical coal project in Queensland’s Bowen Basin from China BaoWu Steep Group (BaoWu).
South32 and AusQuest have decided on the Parcoy iron-oxide-copper-gold prospect in Peru as the fourth exploration project under their strategic alliance agreement (SAA).
Curtin University is among several partners that will play a key role in developing the Mineral Exploration Cooperative Research Centre (MinEx CRC), which has received $215 million in funding from mining companies and the federal government.
Organisers of the International Mining and Resources Conference (IMARC) have revealed the first set of confirmed speakers for the 2018 event.
South32 now owns one-eighth of Trilogy Metals after investing further in the Canadian exploration company as part of a bought deal financing.
South32 has released its March quarterly report, detailing extensive plans and figures from its operations, including increased manganese and aluminium production estimates and significantly lowered annual metallurgical coal production.
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.