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Australasia

The Ancuabe project
Australia's FIRB clears Shandong Yulong's buyout of 70% stake in Triton's Moz graphite projects
20th December 2024 By: Creamer Media Reporter

Australia's Foreign Investment Review Board (FIRB) has given the go-ahead for Shandong Yulong Gold to buy a 70% interest in ASX-listed Triton Minerals's in its portfolio of graphite projects in... 


European Metals expands lithium production plans at Cinovec
European Metals expands lithium production plans at Cinovec
20th December 2024 By: Simone Liedtke

ASX- and Aim-listed European Metals has announced a substantial increase in planned lithium production at its Cinovec project, on the Czech-German border. The company revealed on December 20 that... 


The Worsley Alumina bauxite mine
South32 receives approval for Worsley mine project
20th December 2024 By: Simone Liedtke

Globally diversified mining and metals company South32 has received approval from the Western Australian Minister for Environment for its Worsley mine development project, marking a key milestone... 


Coal mining in Australia
China's coal imports from Australia rise to highest level since April 2020
20th December 2024 By: Reuters

China's coal imports from Australia rose to their highest in more than four years in November, customs data showed on Friday, as shipments continue to recover from an unofficial ban on Australian... 


Rio Tinto appoints new chief people officer
19th December 2024 By: Creamer Media Reporter

Australia-headquartered Rio Tinto has appointed Georgie Bezette as its new chief people officer, succeeding James Martin, who will retire at the end of this year. Bezette, who joined the... 


An iron-ore mine in Australia
Australia expects export resource earnings to drop 10% in FY2025
19th December 2024 By: Reuters

Australia expects its resource and energy export earnings to fall by about 10% to A$372-billion ($231.6-billion) in the fiscal year ending June 2025 mostly due to falling iron-ore prices and... 


A Rio Tinto office
Rio Tinto shareholders call for resolution on review of dual-listed structure
19th December 2024 By: Reuters

Activist investor Palliser Capital and over 100 other shareholders on Thursday sought a resolution over a review of Rio Tinto's RIO.AX dual-listed model, in a bid to unify the miner's corporate... 


An openpit coal mine
A glut of coal in China is set to push falling prices even lower
19th December 2024 By: Bloomberg

China’s booming coal production is running well ahead of demand at the onset of winter, leading to swelling inventories and plunging prices that analysts forecast will fall further. A gauge of... 


Barrick president and CEO Dr Mark Bristow.
Barrick seeks fair resolution in Mali through arbitration
18th December 2024 By: Martin Creamer

New York- and Toronto-listed Barrick Gold Corporation on Wednesday, December 18, confirmed that its operating entities in Mali, namely Société des Mines de Loulo SA and Société des Mines de... 


Horizon completes Pennys Find PFS, which confirms project’s viability
18th December 2024 By: Simone Liedtke

ASX-listed Horizon Minerals has completed the prefeasibility study (PFS) for the Pennys Find gold project, in Western Australia. The PFS confirms the project’s viability as a high-grade underground... 


Idemitsu to take majority stake in Australian vanadium developer Vecco
18th December 2024 By: Reuters

Japan's Idemitsu Kosan 5019.T said on Wednesday it would increase its stake in Vecco Group to 50.1% from 14.7%, gaining a majority in the Australian vanadium developer as part of its expansion into... 


BHP's South Flank mine
BHP served with class action proceedings over harassment allegations
18th December 2024 By: Creamer Media Reporter

Diversified miner BHP has been served with a representative class action proceeding that has been filed in the Federal Court of Australia in relation to allegations of sexual harassment and sex... 


Metalloys in Meyerton, Gauteng.
Ferromanganese revival hopes raised by Competition Tribunal’s green light
18th December 2024 By: Martin Creamer

The Competition Tribunal approval of the acquisition of ferromanganese major Metalloys in Meyerton, Gauteng, is raising hopes of a revival of South Africa’s manganese alloy potential. Metalloys,... 


BHP CEO Mike Henry
BHP sees rising uncertainty for miners on trade as Trump returns
18th December 2024 By: Bloomberg

BHP Group, the world’s biggest miner, expects increasing uncertainty in the near term as US President-elect Donald Trump prepares to implement a slew of tariffs and other trade measures. “In the... 


A coal mining operation
Global coal consumption expected to hit record high in 2024, IEA says
18th December 2024 By: Reuters

Global coal consumption is expected to hit a record high this year and stay near that level until 2027 as strong demand in Asia outpaces declines in the US and Europe, the International Energy... 


Auric signs agreement to acquire gold processing plant in WA
17th December 2024 By: Creamer Media Reporter

Mining and commodity trading company Auric Mining has entered into a letter agreement, subject to due diligence, to acquire the 180 000 t/y Burbanks gold processing facility and related assets and... 


Blyvoor gold
Restarted Blyvoor gold mine is on the way back up on Joburg’s West Rand
17th December 2024 By: Martin Creamer

Blyvoor gold mine, the restarted underground Witwatersrand gold mine west of Johannesburg, is on the way back up. South African mining company Aurous Resources reported on Monday, December 17, that... 


Iron-ore stockpiles in Pilbara
BlueScope, BHP, Rio Tinto to build ESF pilot plant to decarbonise Australian steel industry
17th December 2024 By: Simone Liedtke

The Kwinana Industrial Area, in Western Australia, has been selected as the location for Australia’s largest ironmaking electric smelting furnace (ESF) pilot plant. The project combines the... 


Prieska Copper Zinc Mine in South Africa’s prospective Northern Cape.
More indications of quality copper in South Africa’s well-endowed Northern Cape
17th December 2024 By: Martin Creamer

The final assay results from diamond drill holes completed to test strike and down-dip extensions of the high-grade copper mineralisation at the Flat Mine South deposit, part of the Okiep Copper... 


Australian graphite maker jumps on $755m US plant funding
17th December 2024 By: Bloomberg

Shares in Australian synthetic graphite maker Novonix surged after it received a conditional $755-million loan from the US Department of Energy to build a manufacturing plant in Tennessee. Novonix... 


BHP's South Flank mine
BHP says Australian South Flank iron-ore operations resume after weekend pause
17th December 2024 By: Reuters

BHP paused operations at two iron-ore mines in Western Australia on Saturday after heavy rains in the country's Pilbara region, a spokesperson told Reuters on Tuesday, adding operations have since... 


An image of the Tiris uranium project
Assessment shows internal growth opportunity at Aura’s Mauritania project
13th December 2024 By: Tasneem Bulbulia

ASX-listed Aura Energy has undertaken an assessment of the opportunities for future capacity expansion at the flagship Tiris uranium project, in Mauritania, demonstrating the significant internal... 


President Javier Milei
Rio Tinto’s $2.5bn lithium plan is a win for Milei
13th December 2024 By: Bloomberg

Rio Tinto Group plans to invest $2.5-billion in a new lithium mine in Argentina in a win for President Javier Milei’s efforts to deregulate the country’s economy and lure foreign investment. The... 


Resolute CEO Terry Holohan
Resolute CEO takes leave after Mali detainment
13th December 2024 By: Creamer Media Reporter

ASX- and LSE-listed Resolute Mining has announced that CEO Terry Holohan will take a leave of absence from December 13, 2024, until January 31, 2025, following his recent detention in Mali... 


Dragline at Curragh Complex
Coronado to open Mammoth underground mine in Qld
13th December 2024 By: Mariaan Webb

ASX-listed Coronado Global Resources on Friday announced the opening of its Mammoth underground mine at the Curragh Mining Complex in Queensland's Bowen basin. The mine, located at the southern... 


Rob Cole
Cole steps down as Iluka chairperson
13th December 2024 By: Creamer Media Reporter

Rare earths miner Iluka Resources on Friday announced the retirement of chairperson and nonexecutive director Rob Cole. This follows an earlier announcement in November that Cole had taken... 


Australia’s opposition reveals A$331bn nuclear power plan
Australia’s opposition reveals A$331bn nuclear power plan
13th December 2024 By: Bloomberg

Australia’s main opposition group laid out a A$331-billion plan to create a taxpayer-funded nuclear power industry in just over a decade, despite the nation’s top scientists saying renewable energy... 


The Boddington bauxite mine in Western Australia
South32 expects federal approval of Worsley Alumina extension project in early 2025
13th December 2024 By: Creamer Media Reporter

Globally diversified mining and metals company South32 expects to obtain approval for its Worsley Alumina mine development project – a mine life extension project – from the Western Australia state... 


Safety vests with the Rio Tinto logo
Rio Tinto chief speaks out over allegations, eyes Chile lithium project
12th December 2024 By: Reuters

Rio Tinto CEO Jakob Stausholm was "devastated" over the news of sexual harassment lawsuits against the company, he told Reuters on Thursday, while also expressing optimism for a potential lithium... 


Gold from South Africa's Rand Refinery.
Role as hedge, geopolitical risk most likely reasons for gold’s remarkable performance
12th December 2024 By: Martin Creamer

The gold price has increased by more than 28% year-to-date in dollars, trading 22% higher on average this year than during 2023, the World Gold Council reported on Thursday, December 12. Gold’s... 


Rio Tinto CEO Jakob Stausholm
Rio Tinto to invest $2.5bn in Rincon lithium project capacity expansion
12th December 2024 By: Sabrina Jardim

Diversified mining company Rio Tinto has approved a $2.5-billion investment to expand the Rincon project, in Argentina – the company's first commercial scale lithium operation – demonstrating its... 


Pan African's new Mogale Tailings Retreatment operation.
Pan African advancing plans for another promising gold recovery project west of Joburg
12th December 2024 By: Martin Creamer

A feasibility study on the Soweto Cluster gold recovery project, which like the highly successful Mogale Tailings Retreatment (MTR) is also on Gauteng’s West Rand, will be completed by September,... 


St George Mining signs partnership agreements for magnet production in Brazil
12th December 2024 By: Darren Parker

ASX-listed St George Mining has signed partnership agreements with Brazilian scientific and research organisation Serviço Nacional de Aprendizagem Industrial (Senai) and nonprofit industrial... 


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