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Azure Minerals is among Australia's emerging lithium stars. The company, which owns the Andover project (pictured), recently rejected a takeover offer from SQM.
Lithium craze sparks 1 100% stock gains as well as deep losses
23rd August 2023 By: Bloomberg

Investors who bought Australian lithium stocks at the start of the year could have doubled their money or lost more than half of it — reflecting the extreme volatility of companies mining one of... 

First production from Jansen Phase 2 still in 2029, says Henry
First production from Jansen Phase 2 still in 2029, says Henry
22nd August 2023 By: Mariaan Webb

The projected timeline for first production under an accelerated Phase 2 expansion scenario of the Jansen potash mine, in Canada, remains 2029, BHP CEO Mike Henry said on Tuesday, addressing the... 

A Thungela coal mine.
Coal miner opening nursery to support million trees, hatchery to restore killed fish
22nd August 2023 By: Martin Creamer

Thermal coal mining company Thungela will next month open a nursery to support the planting of a million trees and has already commissioned a hatchery to breed fish for reintroduction into the... 

An image of McConnell Dowell work
Aveng swings to a loss in ‘transitional’ year
22nd August 2023 By: Tasneem Bulbulia

Construction and engineering group Aveng has described the financial year ended June 30 as one of transition, characterised by a normalisation of operating activities as the group emerged from the... 

Thungela CEO July Ndlovu.
Best-of-breed rail model needed for critical national infrastructure, says Thungela
22nd August 2023 By: Martin Creamer

Once short-term and medium-term rail restoration has been achieved, a best-of-breed approach should be adopted to put South Africa on a competitive logistics path, says thermal coal exporter... 

The Brucejack mine in Canada
Australia’s Competition Commission clears Newmont’s Newcrest buy
22nd August 2023 By: Creamer Media Reporter

The Australian Competition and Consumer Commission (ACCC) has cleared Newmont to proceed with its proposed acquisition of Newcrest Mining. The ACCC is expected to convey its clearance of the... 

Investors run to Azure offer
22nd August 2023 By: Esmarie Iannucci

ASX-listed Azure Minerals has received firm commitments for its A$120-million two-tranche placement. The company this week unveiled a A$130-million capital raise initiative to fund exploration... 

LNG production infrastructure
Kinetiko strikes LNG deal with the IDC
22nd August 2023 By: Esmarie Iannucci

The share price of ASX-listed Kinetiko Energy surged by nearly 40% on Tuesday on the signing of a non-binding term sheet with the Industrial Development Corporation of South Africa (IDC) to jointly... 

QPM sets A$24m raising target
22nd August 2023 By: Esmarie Iannucci

ASX-listed Queensland Pacific Metals (QPM) has flagged a A$24-million capital raise to enable gas production growth at its Moranbah project and to fund ongoing technical workstreams to secure debt... 

RareX redefines Cummins Range plans
22nd August 2023 By: Esmarie Iannucci

An enhanced scoping study for the Cummins Range rare earths project, in Western Australia, has identified a direct shipping ore (DSO) phosphate project as a potential Stage 1 operation.... 

Nyrstar calls for zinc inclusion on critical minerals list
22nd August 2023 By: Esmarie Iannucci

International critical minerals company Nyrstar has called on the federal government to include zinc to its critical minerals list, and to better align the country’s strategic approach to critical... 

Sandfire gets approval for Motheo expansion
22nd August 2023 By: Esmarie Iannucci

Copper miner Sandfire Resources has secured a mining license extension at its Motheo copper mine, in Botswana. The miner recently officially opened the Motheo copper mine and is working to ramp-up... 

Revenue and profits soar at Allkem
Revenue and profits soar at Allkem
22nd August 2023 By: Esmarie Iannucci

ASX- and TSX-listed lithium miner Allkem has reported record revenue and net profit after tax for the full year ended June. The company on Tuesday reported yearly group revenue of $1.2-billion for... 

Image shows Woodside's Pluto LNG plant
Woodside posts record profits
22nd August 2023 By: Esmarie Iannucci

Energy major Woodside has reported a record net profit after tax of $1.74-billion for the first half of the 2023 financial year. Underlying net profits after tax for the half year was also up by... 

Image shows coal stackers
Queensland threatens to cancel BHP mining leases
22nd August 2023 By: Esmarie Iannucci

Queensland Treasurer Cameron Dick has escalated the fight with diversified major BHP, warning that the miner’s current leases at its Queensland mines could be cancelled, if they were being... 

The Olympic Dam operation in Australia
Commodity prices fell BHP revenues
22nd August 2023 By: Esmarie Iannucci

Lower commodities prices have seen diversified major BHP report a 58% fall in its attributable profit for the full year ended June, from $30.9-billion to $12.9-billion. Revenue for the full year... 

Congo-Brazzaville govt pledges fervent support for Kore’s Kola project
21st August 2023 By: Chanel de Bruyn

 Emerging potash developer Kore Potash has received a letter of support from the Congo-Brazzaville Ministry of Mines regarding the company’s development of the Kola potash project. Kore first... 

China's July Australian coal imports hit 3-yr peak on healthy margins
21st August 2023 By: Reuters

Three years of trade curbs have gutted Australia’s exports to China across a bunch of commodities, from luxury items like lobster to vital fuels like coal. Beijing imposed a variety of... 

Thungela CEO July Ndlovu.
Thungela: R1.4bn dividend, R2.4bn shaft capex, R156m to employees, community
21st August 2023 By: Martin Creamer

To navigate the considerably softer coal prices, as well as inflationary pressures and the underperformance of Transnet Freight Rail, export coal-mining company Thungela has enhanced its business... 

Image shows the North Rankin complex
Woodside workers vote on industrial action at NWS
21st August 2023 By: Esmarie Iannucci

The global oil market is bracing for the start of industrial action at Australian major Woodside’s North West Shelf platforms, should negotiations fail. Offshore Alliance members at Woodside will... 

The Prominent Hill mine in Australia
BHP, Codelco, Freeport vie for title of biggest copper producer
21st August 2023 By: Bloomberg

There’s a three-way battle underway for the title of the world’s biggest copper producer. After buying Australia’s OZ Minerals , BHP Group is challenging for the mantle at a time when hitherto... 

Image shows lithium ore
Galan gets started in Argentina
21st August 2023 By: Esmarie Iannucci

Construction has started at ASX-listed Galan Lithium’s Hombre Muerto West (HMW) lithium brine project in Argentina. The company told shareholders on Monday that this was a significant step towards... 

Technical refresh adds to Buena Vista economics
21st August 2023 By: Esmarie Iannucci

A technical refresh of the Buena Vista feasibility study has shown that the project could be moved to a 24/7 operating model and could increase its potential output from 450 000 t/y to 800 000 t/y... 

Image shows Australian currency
Azure sets A$130m raising target
21st August 2023 By: Esmarie Iannucci

Lithium and nickel developer Azure Minerals on Monday unveiled a A$130-million capital raise initiative to fund exploration work at its Andover project in Western Australia. The ASX-listed... 

Patriot returns to Corvette
21st August 2023 By: Esmarie Iannucci

Canada-focused lithium developer Patriot Battery Metals has resumed exploration and development work at its Corvette project, in Quebec, as wildfires in the region abated. The multi-listed company... 

ASM appoints COO
21st August 2023 By: Esmarie Iannucci

ASX-listed Australian Strategic Materials (ASM) has appointed Chris Jordaan as COO, effective from August 24. Jordaan has 31 years experience in operational and corporate leadership roles in the... 

A map showing the location of Kinetiko Energy's gas project in South Africa
Kinetiko reports reserve at pilot field
21st August 2023 By: Esmarie Iannucci

ASX-listed Kinetiko Energy has announced a maiden gas reserve of 3.1 BCF over its pilot gas production field in South Africa. An independent gas reserve and resource report has also resulted in a... 

Exxaro MD for Energy Leon Groenewald.
Much more to come from Exxaro on the renewable energy front
18th August 2023 By: Martin Creamer

Probably by the middle of next year, if things go well, Exxaro will likely achieve financial close on a renewable energy project, which, from a sizing perspective, will probably be north of 100 MW,... 

Copper drifts lower as concern about China saps confidence
18th August 2023 By: Bloomberg

Copper declined — tracking a broad slide in global risk assets — as concerns about China’s economy and widening housing crisis put markets in bearish mood. The metal edged down on the London... 

South32 Appin mine's supervisors to continue strike
18th August 2023 By: Reuters

 Mining supervisors at Australia's South32's Appin coal mine will continue their strike as they failed to reach an agreement with the management over leave provisions and remuneration, the company... 

Makuch joins Karora board
18th August 2023 By: Tasneem Bulbulia

Gold company Karora Resources has appointed Tony Makuch to the board of directors and as new chairperson of the board technical committee. Barry Dahl, Karora’s former CFO, has announced his... 

The São Miguel Paulista refinery in Brazil
Jervois moderates SMP timing
18th August 2023 By: Esmarie Iannucci

Triple listed Jervois Global has “moderated” the pace of restart operations at its São Miguel Paulista (SMP) nickel cobalt refinery in São Paulo, Brazil. The company in January this year took a... 

Emerald's Bullseye offer opens
18th August 2023 By: Esmarie Iannucci

The shareholders for gold explorer Bullseye Mining had until September 22 to accept a takeover offer from ASX-listed Emerald Resources. Emerald on Friday released its bidder’s statement for... 

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