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Australian miner Stanmore Coal seeks to take advantage of the many synergies and product blending opportunities with its existing operations after linking with M Resources to acquire the mothballed Millennium and Mavis Downs metallurgical coal mines in Australia’s Bowen Basin from Peabody Energy.
Rio Tinto and its subsidiary Turquoise Hill Resources have reached a ‘constructive and equitable agreement’ to end their long dispute over the funding of the underground development of the Oyu Tolgoi copper-gold mine in Mongolia.
Australian-based gold producer Resolute Mining has upgraded life of mine production and costs performance at its Syama mine in Mali based on the success of its continuing exploration and mine design optimisation.
West Australian miner Panoramic Resources is confident its recapitalisation, move to contractor mining/processing and recent developments will reduce the operating and financing risks that have previously dogged its long-life, high-grade Savannah nickel operation.
The new owners of the giant Vale Nouvelle-Caledonia openpit nickel mining and processing complex see a significant future in servicing the growing demand for lithium-ion batteries for the global electric vehicles industry after completing the acquisition of the business from former owner Vale.
A positive definitive feasibility study puts the Bardoc project on track to pour first gold in the December 2022 quarter, enabling West Australian explorer Bardoc Gold to make the transition to mid-tier producer and significant new gold sector player in the North Kalgoorlie region.
It’s taken West Australian company Mineral Resources just five months from breaking first ground to producing iron ore at its 100%-owned Wonmunna project, achieving the next step in the growth of its Utah Point Hub operations in the Pilbara region.
Strong support from existing and new institutional investors has raised $A43M to allow Vital Metals to begin production at its Nechalacho rare earths project in Canada’s Northwest Territories in the June quarter.
Australian silica sands project developer Perpetual Resources has underlined the potential of its Beharra project in WA’s Mid West to become the pre-eminent regional supplier of high-quality, low-impurity products to the growing Asia Pacific market.
Turquoise Hill names ‘independent’ to pursue Oyu Tolgoi expansion funding negotiations with parent company Rio Tinto after chief executive Ulf Quellmann succumbs to pressure and resigns.
The successful tender offer for the mothballed Texas project in SE Queensland is key to the plan by Australian explorer Thomson Resources to establish an integrated hub and spoke silver and gold operation straddling the New South Wales and Queensland border.
Acquisition of the Detour Lake gold mine in Ontario has helped Canadian miner Kirkland Lake Gold to achieve record production, earnings and cash-flows amid the challenges of global pandemic.
AngloGold Ashanti has established a ‘clear and credible path’ to extended, high-return growth with the identification of 6Moz in new ore reserves after the first 12 months of a multi-year investment program.
West Australian conglomerate Wesfarmers and Chile’s Sociedad Quimica y Minera have given their deferred final investment approval for ambitious vertically integrated lithium hydroxide development.
The decades-long history of the Canadian Malartic gold mine begins its transition to a new era of underground operations with the go-ahead by JV partners Yamana Gold and Agnico Eagle Mines for the start of construction of the Odyssey mine.
Orion Minerals has outlined ambitions to restore the historic glory days of South Africa’s Okiep Copper Complex after signing a $16M option agreement that will transform it into a significant base metals mining house.
The fallout of its destruction of priceless heritage assets in Western Australia continues for Rio Tinto as it waits to see the potential impact of yet-to-be-revealed new state legislation on its mining, development and community relations.
International miner OceanaGold warns the timeline for a revival of its Didipio gold and copper mine in the Philippines remains uncertain despite a breakthrough in talks with government agencies on the renewal of its formal approval.
Newcrest Mining is advance on a potential 3-year path to commercial production at its 60%-owned Havieron gold-copper project in Western Australia’s highly prospective Paterson province after approving $A146M funding for early exploration works.
Global specialty chemicals company Albemarle will take a lead in the US drive for security of supply of critical minerals with its planned $50M investment to double production from its Silver Peak lithium project in Nevada.
Falling road transport capacity because of border closures and fears about weak health precautions by bulk shipping operators could threaten the hitherto outstanding success of Western Australia’s iron ore mining sector in protecting their workers and the national economy from the worst effects of COVID-19.
(CORPORATE) Samarco mine joint owners Vale and BHP say a bid for bankruptcy protection against its debtors owed up to $US5B poses no threat to their obligations for compensation and reparation programs resulting from the 2015 collapse of the Fundão tailings dam.
(CORPORATE) Australian-based management of coal producer TerraCom has taken operational management control of its South African mines in an attempt to overcome the financial and operational performance issues that dragged it to a heavy interim loss.
(DEVELOPMENT) Miners line up for a chance to capture a significant share of the rapidly growing global demand for low-emissions renewable hydrogen to power plant and vehicles, replace fossil fuels to reduce carbon emissions and potentially take over power supply in remote areas.
(REGULATION) Australian-based developer Greenland Minerals faces the need to overcome the strong opposition of the majority party in Greenland’s new coalition government to be able to proceed with development of its world-class Kvanefjeld rare earths and uranium project.
(INVESTMENT) Canadian mining companies seeking foreign investment to help grow their post-COVID recovery learn their deals will face increased scrutiny to protect national security.
