Take a free trial or Subscribe now
Joint venture partners Horizon Minerals and Richmond Vanadium Technology are turning their attention to the costs and timing of a definitive feasibility study for their Richmond-Julia Creek vanadium project in NW Queensland, Australia.
All commodities up for Q3 20, lifting Freeport McMoRan net income $276M to $329M
Two of the most powerful men in the Western Australian mining sector, Fortescue’s Andrew Forrest and Mineral Resources’ Chris Ellison, are on opposite sites of the looming legal fight over plans by Ellison’s company to develop its newly acquired Wonmunna iron ore development in the Pilbara region.
Chilean copper-gold miner Antofagasta is still feeling the fallout from COVID-19, with molybdenum holding out to lift Q3 20 production.
Gold-silver miner Hochschild is successfully battling COVID-19 restraints that have hit all 3 of its operation, with gold-silver output doubling
A combination of negatives have hit St Barbara’s 3-mine Q1 21 operations, pushing production down to 72,990oz from Q4 20’s 108,612oz
Big upgrade for Liontown Resources’ Kathleen Valley lithium-tantalum project, flagged for 1st production in Q1 2025
‘Merger of equals’ between dominant West Australian miners Northern Star Resources and Saracen Mineral Holdings will create a global Top 10 gold producer with a portfolio of producing and prospective projects in Tier 1 Australian and North American jurisdictions and compelling synergies and growth opportunities.
Australian gold miner AuStar has significantly narrowed its full year FY20 net loss despite the extra costs of its ultimately withdrawn attempt to build on its Victorian gold portfolio through a merger with the under-administration Centennial Mining.
Cleveland Cliffs to become N America’s largest flat-rolled steel and iron pellet producer with the $1.4M acquisition of ArcelorMittal’s US operations
Following record $290B resources/energy earnings in FY20, the Australian Govt is flagging another strong 2-years ahead
Record $22B increase in FY20 Western Australia resources sector sales to $172B
Despite a fall in FY 20 gold production, Red-5 is heading for mid-tier production status on the back of a $7.53 turnaround to a $4.5M profit. By Mark Mentiplay
Gruyere gold mine partners Gold Fields and Gold Road Resources have trimmed production guidance after the failure of a ball mill motor bearing brought an end to a strong first year of operations at the West Australian mine. John Feary reports
Australian nickel specialist Mincor Resources is promising an exciting ride for Western Australia’s renowned Kambalda nickel province following board approval to end a five-year shutdown and redevelopment of its Kambalda Nickel Operations.
West Australian developer Calidus Resources has named preferred contractors Macmahon (opencut mining and civil) and GR Engineering (process plant) as it begins construction work ahead of schedule on its Warrawoona gold project in the East Pilbara.
New study backs Oregon’s 1st gold mine, Paramount Gold’s $130M underground operation producing 362,000oz gold/425,000oz silver over an initial 8-year LoM
Three years after the Philippines government’s anti-mining policies forced it to leave its Siana gold mine, completion of a strong feasibility study at King of the Hills sets Red 5 on track to become a significant mid-tier Australian gold producer. John Feary reports
Lithium aspirant Mali Lithium gets new major shareholder in Resolute Mining as part of a $70M raising to secure 80% of the Morila Gold Mine in Mali and is already talking strategeic partnership. By Mark Mentiplay
Australian miner New Century Resources rules out a binding offer to acquire and revive Vale’s struggling Goro nickel and cobalt operation in New Caledonia.
(CORPORATE) Continuing uproar over the destruction of priceless heritage sites by iron ore giant Rio Tinto underlines the growing pressure on mining companies to focus on their environmental, social and governance responsibilities.
Despite the disruptions and restrictions resulting from the world-wide COVID-19 pandemic, the 29th staging of Australia’s leading mining conference has ended in an atmosphere of overwhelming confidence in the mining sector.
(CONFERENCES) As some predicted, the opening of Australia’s major mining conference, the Diggers & Dealers Forum, in Kalgoorlie today has shrugged off much of the gloom about the global COVID-19 pandemic and economic risk to focus instead on the sector’s emerging key role in economic recovery. Veteran mining commentator Ross Louthean reports
(CORPORATE) Kaiser Reef steps up to the challenge of wresting value from the Victorian assets of under-administration company Centennial Mining with the signing of a conditional $16M option deal with special purpose vehicle Golden River Resources.
(ENVIRONMENTAL) The accelerating pace of development proposals implementing carbon capture, use and storage technologies has been highlighted in a new report by the International Energy Agency, but more must be done by governments and industry to meet global targets for countering global warming and ocean acidification.
(CORONAVIRUS) Minerals Council South Africa is ready to play its part in driving a national economic recovery from COVID-19, but first it’s up to the government to tackle the productivity issues that long pre-date the pandemic.
