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Australasia

Iron-ore bounces back to six-week high on trade-war truce hopes
14th May 2025 By: Bloomberg

Iron-ore rose as trade tensions eased, spurring optimism across a metals market that has been hit especially hard by global growth worries. Futures of the steel-making ingredient reached a... 


Chilalo graphite
Evolution Energy outlines new gold-focused strategy
14th May 2025 By: Creamer Media Reporter

ASX-listed Evolution Energy Minerals has unveiled a new strategic direction focused on acquiring gold development assets in Africa, with the backing of its largest shareholder, Sustainable... 


Burgundy shifts sales strategy, closes Perth polishing facility
Burgundy shifts sales strategy, closes Perth polishing facility
14th May 2025 By: Creamer Media Reporter

Canada-focused Burgundy Diamond Mines said on Tuesday that it would refine its approach to the high-end diamond market by forging new partnerships with manufacturers, traders, and luxury brands,... 


Global cobalt market seen swinging to deficit from surplus in early 2030s
Global cobalt market seen swinging to deficit from surplus in early 2030s
14th May 2025 By: Reuters

Demand for cobalt will rise faster than supply, allowing the market to reduce the 2024 surplus in coming years and swing to a deficit in the early 2030s, the Cobalt Institute said in a research on... 


Menar MD Vuslat Bayoglu.
Menar hopeful US-SA trade relations will be normalised soon to avoid dual adversity
13th May 2025 By: Martin Creamer

Mining company Menar is very hopeful that trade relations between South Africa and the US are normalised very soon, and points out that if they are not, the US will also be adversely affected and... 


Peninsula receives major regulatory approval for Kendrick
13th May 2025 By: Creamer Media Reporter

ASX-listed Peninsula Energy announced on Tuesday that it had secured the final regulatory approvals required to start uranium recovery operations at the Kendrick production area within its Lance... 


Rio Tinto expects first iron ore shipment from Guinea's Simandou in November
13th May 2025 By: Reuters

Rio Tinto expects its first iron ore shipment from Guinea's Simandou project in November, Gerard Rheinberger, the Anglo-Australian mining giant's managing director for Simandou, said on Monday.... 


Rough diamonds being sorted
De Beers secretly sells discounted diamonds to selected traders
13th May 2025 By: Bloomberg

De Beers has been quietly selling rough diamonds at sharply marked-down prices to a small handful of customers, in a highly unusual move that’s fuelling tensions across an industry already mired in... 


Industry bodies say NT Budget signals mining-led growth
13th May 2025 By: Mariaan Webb

The Northern Territory’s (NT's) 2025/26 Budget has been welcomed by Australia’s mining industry as a sign of the government’s intent to drive economic growth through resource development, tax... 


Madeleine King has been reappointed Resources Minister
Australia’s mining sector welcomes federal Cabinet
13th May 2025 By: Mariaan Webb

Australia’s mining industry has welcomed Prime Minister Anthony Albanese’s new Cabinet, urging the government to prioritise investment attraction, environmental approvals reform and support for... 


Legacy secures zero-cost peg of Nico Young nickel/cobalt deposit
Legacy secures zero-cost peg of Nico Young nickel/cobalt deposit
13th May 2025 By: Mariaan Webb

ASX-listed junior Legacy Minerals has lodged an exploration licence application (ELA6901) over the Nico Young nickel/cobalt deposit in New South Wales (NSW) – a resource containing about... 


Auric begins production at Munda gold mine
Auric begins production at Munda gold mine
13th May 2025 By: Mariaan Webb

ASX-listed Auric Mining has started mining at its Munda gold mine in Western Australia. The company began breaking ground at the Munda starter pit on May 10, with site infrastructure, including... 


Gold holds heavy loss as markets latch onto US-China optimism
Gold holds heavy loss as markets latch onto US-China optimism
13th May 2025 By: Bloomberg

Gold steadied after a sharp selloff as a major de-escalation in US-China trade tensions hurt demand for havens. Bullion traded near $3 237 an ounce — after losing 2.7% on Monday — with investors... 


Codelco and Rio Tinto ramp up efforts for Chile copper 'mining district'
Codelco and Rio Tinto ramp up efforts for Chile copper 'mining district'
13th May 2025 By: Reuters

Chilean copper producer Codelco and global miner Rio Tinto will jointly aim to create a copper "mining district" around their shared Nuevo Cobre project in the Atacama region of northern Chile,... 


Anglo American technical director and Crop Nutrients CEO  Tom McCulley
Anglo American appoints Crop Nutrients veteran McCulley as technical director
12th May 2025 By: Marleny Arnoldi

Diversified miner Anglo American has appointed Tom McCulley technical director, effective immediately. He succeeds Matt Daley, who opted to take up a senior executive role at fellow diversified... 


Murray Watt
Australia’s biggest LNG plant has to win over a new Minister
12th May 2025 By: Bloomberg

Australia’s new environment minister faces a tight deadline to familiarize himself with a controversial and long-delayed application to run the nation’s oldest and biggest liquefied natural gas... 


Vertex announces A$11m capital raise
Vertex announces A$11m capital raise
12th May 2025 By: Creamer Media Reporter

Exploration and development company Vertex Minerals has announced an A$11-million capital raise to complete underground development work at the Hill End gold mine, in New South Wales, as well as... 


Slew of executive changes at ASX-listed miners
Slew of executive changes at ASX-listed miners
12th May 2025 By: Creamer Media Reporter

A series of executive appointments were announced by ASX-listed mining companies on Monday, including a leadership change at diversified miner South32 and new CEOs named at Critical Resources,... 


Chris Ellison founded Mineral Resources
Pension fund HESTA exits Mineral Resources, citing governance concerns
12th May 2025 By: Reuters

Australian pension fund HESTA said on Monday it had sold its remaining stake in billionaire Chris Ellison-founded Mineral Resources, citing "serious governance concerns". The mining services... 


SMM director, managing executive officer, and general manager of the mineral resources division Hideyuki Okamoto and Rio Tinto copper CE Katie Jackson sign the final joint venture agreements in Perth.
Sumitomo to pay Rio Tinto $430m for 30% of WA copper project
12th May 2025 By: Mariaan Webb

Australian miner Rio Tinto on Monday announced a final joint venture (JV) agreement with Japanese group Sumitomo Metal Mining (SMM) to develop the Winu copper and gold project, in the Great Sandy... 


Norway's Wealth Fund to engage Rio Tinto, South32 over environmental concerns
12th May 2025 By: Reuters

Norway's sovereign wealth fund, managed by Norges Bank Investment Management (NBIM), has decided to actively engage with mining companies Rio Tinto and South32 regarding their environmental... 


Matthew Daley will join South32 from Anglo American.
South32 names Anglo exec as successor to Graham Kerr
12th May 2025 By: Mariaan Webb

Mining and metals company South32 said on Monday that Anglo American executive Matthew Daley would become its new CEO in 2026, replacing Graham Kerr who would step down later that year after... 


Alcoa names new chairperson
9th May 2025 By: Creamer Media Reporter

NYSE- and ASX-listed Alcoa has appointed Thomas Gorman as non-executive chairperson of its board of directors, effective immediately following its 2025 annual meeting of stockholders. Gorman, who... 


AngloGold Ashanti CEO Alberto Calderon.
AngloGold cash up 607%, earnings up 671%, gold output up 22%, costs up only 1%
9th May 2025 By: Martin Creamer

In the first quarter (Q1) of this year, gold mining company AngloGold Ashanti has reported a sevenfold increase in free cash flow and an almost eightfold rise in profit attributable to equity... 


Queensland reinstates mining coroner role
Queensland reinstates mining coroner role
9th May 2025 By: Creamer Media Reporter

Queensland’s conservative Crisafulli government has appointed veteran barrister Wayne Pennell as the state’s first dedicated Mining and Resources Coroner, delivering on a key election commitment to... 


Glencore CEO Gary Nagle
Glencore improved on various sustainability metrics in 2024
9th May 2025 By: Marleny Arnoldi

Global diversified miner Glencore says various initiatives at its industrial assets are driving positive change in the communities where they operate. “Our diversified business model, underpinned... 


Hillside Aluminium in KwaZulu-Natal.
Hillside Aluminium contribution highlighted following power price agreement scrutiny
9th May 2025 By: Martin Creamer

The electricity pricing agreement for Hillside Aluminium in KwaZulu-Natal reflects the South African government’s policy to support strategic industries that create value for the nation, South32... 


Chrysos PhotonAssay unit
Chrysos to supply PhotonAssay units to various Newmont gold sites
9th May 2025 By: Marleny Arnoldi

ASX-listed technology company Chrysos Corporation has signed a master services agreement (MSA) with global diversified miner Newmont Corporation to provide PhotonAssay technology to Newmont’s gold... 


Genmin Baniaka iron-ore mineralisation
Genmin chair provides company with A$2m loan
9th May 2025 By: Marleny Arnoldi

ASX-listed emerging iron-ore producer Genmin has executed a A$2-million loan with an entity related its nonexecutive chairperson Greg Lilleyman. Genmin can draw down the funds immediately and use... 


The De Beers name on a building
De Beers to shut down its lab-grown diamond jewellery brand Lightbox
8th May 2025 By: Reuters

De Beers plans to shut down its lab-grown diamond jewellery brand, Lightbox, and focus on natural diamonds, it said on Thursday, as the company battles weak diamond prices due to low demand and... 


Volt to undertake gold exploration programme at Kouroussa
8th May 2025 By: Tasneem Bulbulia

ASX-listed Volt Resources is planning to undertake an initial drilling programme on the northeast section of the Kouroussa prospect, following a review of the results of the previous sampling and... 


Barrick President and CEO Mark Bristow.
Barrick’s drill bit adds 111-million gold equivalent ounces at a mere $10/oz
8th May 2025 By: Martin Creamer

The foundation of a real mining company lies in its reserve base, Barrick Mining highlighted during Wednesday’s quarterly results presentation when it displayed a slide that brought into sharp... 


Belararox grants option over Bullabulling tenements to Minerals 260
8th May 2025 By: Creamer Media Reporter

Explorer Belararox has signed a binding option agreement with Minerals 260, giving the latter exclusive rights to acquire its Bullabulling project tenements in Western Australia’s Eastern... 


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