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Falling gold prices revive physical demand in key markets
Falling gold prices revive physical demand in key markets
27th November 2024 By: Reuters

A drop in gold prices this month has drawn in buyers of the metal who had been waiting for the market's lightning rally this year to subside, industry players and analysts said. Spot gold prices... 


Toubani appoints adviser for Kobada gold project financing
26th November 2024 By: Creamer Media Reporter

Toubani Resources, an Africa-focused gold developer, has appointed Endeavour Financial as its financial adviser for the development of the Kobada gold project in Mali. This strategic appointment... 


Macro Metals partners with Indigenous group in JV for mining services
26th November 2024 By: Creamer Media Reporter

ASX-listed Macro Metals has entered into a joint venture (JV) with 100% Indigenous-owned company Nyapiri Holdings, establishing Nyapiri Macro Mining. The partnership is set to provide a full suite... 


NMR fast-tracks restart of Qld gold projects
26th November 2024 By: Creamer Media Reporter

ASX-listed Native Mineral Resources (NMR) is accelerating its efforts to restart gold production at its newly acquired project near Charters Towers in Queensland. Earlier this month, NMR entered... 


Peabody lines up $2.1bn loan to buy Anglo’s coal business
Peabody lines up $2.1bn loan to buy Anglo’s coal business
26th November 2024 By: Bloomberg

Peabody Energy has obtained a $2.075-billion bridge loan from a mix of banks and private credit to back its acquisition of Anglo American’s steelmaking coal business. The US miner plans to... 


ICMM president CEO Rohitesh Dhawan
ICMM launches new tools on human rights guidance
26th November 2024 By: Marleny Arnoldi

As the UN hosts the Forum on Business and Human Rights from November 25 to 27, mining and metals advocacy group the ICMM has announced strengthened commitments to recognise the important role of... 


World Platinum Investment Council Director of Research Edward Sterck.
Long-term demand outlook for platinum is robust, ongoing question mark over supply
26th November 2024 By: Martin Creamer

The long-term outlook for platinum from a demand perspective is pretty robust. The question, once again, is whether supply will be adequate to meet it. “In terms of automotive demand, we can't... 


Vulcan in talks with producers to licence lithium technology
26th November 2024 By: Reuters

Australia-listed Vulcan Energy is in talks with lithium companies to licence its filtration technology, tapping a new revenue source as the firm commercialises its renewable-energy project in... 


Iron-ore being loaded onto a ship
Iron-ore edges higher on firmer steel output, but Trump tariff pledge weighs on market
26th November 2024 By: Reuters

Iron-ore futures ticked up on Tuesday for a second straight session, buoyed by stronger global steel production, although US President-elect Donald Trump's pledge to implement new tariffs when he... 


QRC's Janette Hewson
Qld exploration set for growth with policy certainty
26th November 2024 By: Creamer Media Reporter

Queensland’s exploration sector is set to unlock new opportunities and generate further economic benefits for the state, according to the Queensland Exploration Council’s (QEC) 2024 Exploration... 


Lucapa unveils restart plan for idled Merlin diamond mine in NT
Lucapa unveils restart plan for idled Merlin diamond mine in NT
26th November 2024 By: Mariaan Webb

Miner and explorer Lucapa Diamond Company has announced plans to restart operations at the Merlin diamond mine in Australia’s Northern Territory, with a A$25-million, two-phase project aimed at... 


Spartan receives regulatory green light for Dalgaranga gold project
Spartan receives regulatory green light for Dalgaranga gold project
25th November 2024 By: Creamer Media Reporter

ASX-listed Spartan Resources has taken a step forward in the development of its Dalgaranga gold project, in Western Australia, announcing on Monday that it had secured all the necessary regulatory... 


Cyprium makes A$9m from sale of surplus generators
25th November 2024 By: Creamer Media Reporter

Copper company Cyprium Metals will sell surplus generators from the Nifty mine to a USP&E North America for $6.05-million, or A$9.3-million. The company has already received confirmation of a... 


True North raises cash for new exploration vision
25th November 2024 By: Creamer Media Reporter

Australian copper company True North has successfully raised A$50.3-million as part of a broader recapitalisation to extinguish debt and fund a revised exploration strategy. The capital raise, at... 


Chris Ellison
MinRes founder Ellison steps down as Delta Lithium chair
25th November 2024 By: Reuters

Chris Ellison, the billionaire founder of Mineral Resources who was found to have used company resources for personal benefits and evaded taxes, has resigned as the chairman of the Delta Lithium,... 


Rio Tinto-backed lithium tech startup set to raise second round of funds
25th November 2024 By: Reuters

A lithium technology startup backed by Rio Tinto expects to finalise a funding round in the next week to raise A$29-million even as the global lithium market struggles, its Melbourne-based CEO told... 


Peabody transforms  metallurgical coal portfolio with Australian buy
Peabody transforms metallurgical coal portfolio with Australian buy
25th November 2024 By: Mariaan Webb

US-based coal miner Peabody Energy is set to transform its metallurgical coal production with the acquisition of four coal mines in Australia. The NYSE-listed announced it will pay $3.8-billion... 


Anglo American CEO Duncan Wanblad
Anglo American sells rest of Australian coal mines for $3.8bn as part of portfolio reshaping
25th November 2024 By: Mariaan Webb

Diversified mining giant Anglo American announced on Monday the sale of its Australian steelmaking coal mines to Peabody, a US-based coal producer, for $3.8-billion. The move is part of the... 


Rio Tinto lifts force majeure for Australian alumina exports
Rio Tinto lifts force majeure for Australian alumina exports
25th November 2024 By: Bloomberg

Rio Tinto Group lifted restrictions on exports of alumina from its Gladstone refineries in Australia, according to S&P Global. Rio had declared force majeure — a legal clause allowing a company... 


Senex Energy officially opens Atlas gas field expansion
Senex Energy officially opens Atlas gas field expansion
25th November 2024 By: Creamer Media Reporter

Australian energy company Senex Energy has announced that first gas is set to flow from its A$1-billion Atlas natural gas field expansion, following the official opening of its Surat Basin facility... 


Australia introduces tax incentive to propel critical minerals industry
Australia introduces tax incentive to propel critical minerals industry
25th November 2024 By: Mariaan Webb

The Australian government on Monday introduced legislation to Parliament for the Critical Minerals Production Tax Incentive (CMPTI), a move that industry stakeholders have hailed as a significant... 


BHP bets billions on Chile mines to face global copper crunch
BHP bets billions on Chile mines to face global copper crunch
25th November 2024 By: Reuters

BHP Group expects a global copper deficit of 10-million metric tons a decade from now, a shortfall that is driving its plans to spend at least $11-billion at the world's biggest copper mine,... 


Sungrow powers Australia's biggest offgrid hybrid renewable energy system at Kathleen Valley
22nd November 2024 By: Creamer Media Reporter

Photovoltaic (PV) inverter and energy storage systems company Sungrow has highlighted its role in the development of Australia's largest offgrid hybrid renewable energy system at the Kathleen... 


Qld resources sector delivers record A$120.2bn economic contribution
Qld resources sector delivers record A$120.2bn economic contribution
22nd November 2024 By: Creamer Media Reporter

The resources sector in Queensland has achieved a record economic contribution of A$120.2-billion for the 2023/24 financial year, according to the latest Queensland Resources Council (QRC)... 


SQM partners with Australian junior on new lithium discovery
SQM partners with Australian junior on new lithium discovery
22nd November 2024 By: Mariaan Webb

Australian junior iTech Minerals has secured a partnership with Chilean lithium giant SQM to develop its newly discovered Reynolds Range lithium project in the Northern Territory. The partnership... 


Underground mine
Challenges in critical minerals supply threaten global energy transitions
22nd November 2024 By: Marleny Arnoldi

An unprecedented surge in demand for critical minerals on the back of global transitions to clean energy is posing significant challenges in meeting these goals, as the critical minerals sector... 


Peninsula Energy appoints COO
21st November 2024 By: Creamer Media Reporter

Uranium company Peninsula Energy has appointed Frederic Guerin as COO and senior VP of geology. Guerin will start his new role on November 25 at an important time for Peninsula, as the company... 


Evolution Mining CEO Jake Klein
Evolution’s Klein calls for bold strategy to future-proof Australia’s mining industry
21st November 2024 By: Mariaan Webb

Gold and copper miner Evolution Mining founder and chairperson Jake Klein has called for a clear strategy to future-proof Australia’s mining industry in an increasingly unstable global environment... 


Lucapa CEO resigns owing to health reasons
21st November 2024 By: Creamer Media Reporter

Australia-listed Lucapa Diamond Company announced on Thursday that Nick Selby had resigned as MD and CEO, citing health issues. His departure is effective immediately. 


Chris Ellison
Mining chief Ellison tells shareholders: ‘I hate what I’ve done’
21st November 2024 By: Bloomberg

Chris Ellison, the MD and founder of Mineral Resources, told shareholders that he deeply regretted actions that have been revealed in recent weeks, including not paying personal tax. “I put that... 


Chalice chair highlights Gonneville as unique Western palladium asset
Chalice chair highlights Gonneville as unique Western palladium asset
21st November 2024 By: Mariaan Webb

The Gonneville palladium project in Western Australia is strategically positioned to benefit when commodity markets rebound, with its scale, long-life potential, and second-quartile cost estimates... 


Lake Resources chair optimistic despite short-term challenges in lithium market
Lake Resources chair optimistic despite short-term challenges in lithium market
21st November 2024 By: Mariaan Webb

Australia-based Lake Resources chairperson Stu Crow has expressed confidence in the company’s future despite recent downturns in the lithium market, including falling prices, reduced investment,... 


Chris Ellison
MinRes to de-link with founder Chris Ellison after tax evasion scandal
21st November 2024 By: Reuters

Australia's Mineral Resources (MinRes) said on Thursday it plans to unwind or exit deals with entities linked to its billionaire founder Chris Ellison after an internal probe found he misused... 


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