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Australasia

Perenti secures A$420m of contract extensions
18th January 2024 By: Creamer Media Reporter

Mining services company Perenti has announced that its underground mining businesses have been awarded contract extensions valued at A$420-million. This includes a 12-month, A$125-million contract... 


Energy Transition asked to give payment security for Greenland case
Energy Transition asked to give payment security for Greenland case
18th January 2024 By: Reuters

Australia's Energy Transition Minerals said on Thursday a Copenhagen arbitration tribunal ordered its unit to give payment security for the Greenland and Denmark governments' legal costs against... 


China cobalt buyers use global glut to challenge pricing
China cobalt buyers use global glut to challenge pricing
18th January 2024 By: Bloomberg

China’s battery industry has seized on a glut in the global cobalt market to push through a change in the way the commodity is priced. A rapid expansion of cobalt mining in Democratic Republic of... 


Serbia wants talks with Rio Tinto over Jadar lithium project
Serbia wants talks with Rio Tinto over Jadar lithium project
18th January 2024 By: Reuters

Serbia wants to hold further talks with Anglo-Australian miner Rio Tinto about its lithium project in the country, President Aleksandar Vucic said on Wednesday, adding that there should also be... 


Liontown shares plunge as Albemarle seeks to exit Australian lithium developer
Liontown shares plunge as Albemarle seeks to exit Australian lithium developer
18th January 2024 By: Reuters

Shares of Liontown Resources fell about 15% on Thursday to hit their lowest level in 18 months after a term sheet showed Albemarle was trying to sell its stake in the Australian lithium developer.... 


Global Uranium receives key permit for US project
18th January 2024 By: Creamer Media Reporter

North America-focused Global Uranium and Enrichment (GUE) has been granted its final permit for the start of exploration activities at its Tallahassee uranium project in Colorado, US. The approval... 


An image depicting Seamus Cornelius
Danakali explores new liquidity options; pursues a new project
18th January 2024 By: Sabrina Jardim

The board of directors of ASX-listed Danakali is exploring a range of new liquidity options for shareholders following the $154.7-million distribution from the sale of the Colluli potash project,... 


BHP CEO Mike Henry
BHP’s solid first half dimmed by metallurgical coal stumble
18th January 2024 By: Mariaan Webb

Diversified mining group BHP has had a “solid” operational first half, CEO Mike Henry said on Thursday, reporting higher six-month copper and energy coal production, but lower iron-ore and... 


The Nickel West operation
BHP 'evaluating options' at Nickel West amid price slump
18th January 2024 By: Mariaan Webb

Diversified mining company BHP is “evaluating options” at its Nickel West mine, in Australia, to mitigate the impacts of the sharp fall in nickel prices, CEO Mike Henry said on Thursday. Nickel... 


ICMM CEO Rohitesh Dhawan
Global mining commits to nature-positive future
18th January 2024 By: Martin Creamer

Global mining and metals companies have committed at Davos to take urgent action to support a nature-positive future by 2030 that promotes the health, diversity and resilience of species,... 


Mined cobalt
BMI predicts more stable metal prices, critical mineral deals in 2024
17th January 2024 By: Marleny Arnoldi

Research agency BMI on January 17 unpacked the key themes for metals and mining for the year, highlighting that the sector is making a modest recovery amid global deceleration. BMI commodities... 


Pantoro to start Scotia underground development earlier than planned
17th January 2024 By: Creamer Media Reporter

ASX-listed Pantoro has decided to accelerate the start of development of the Scotia underground mine at its Norseman project, in Western Australia. Development of the underground mine is now... 


Ian Cockerill, Mark Cutifani and Tony O'Neill
South Africa-linked mining luminaries advising on metals industry greening
17th January 2024 By: Martin Creamer

South Africa-linked mining luminaries are playing roles in an initiative to transform the metals industry with clean technology. Being targeted for metals is the elimination of energy-intensive... 


Plates of biochar and green pig iron
Engineering study demonstrates viability of Saudi green pig iron project – Magnum
17th January 2024 By: Chanel de Bruyn

ASX-listed Magnum Mining & Exploration has successfully completed an engineering study into the technical and economic viability of establishing a green, high-purity pig iron (GHPPI) project, in... 


Patriot kicks off big lithium drill campaign at Corvette
17th January 2024 By: Creamer Media Reporter

TSX-V and ASX-listed Patriot Battery Metals has commenced the 2024 winter drill campaign at its Corvette property, in James Bay, Quebec, which the company says is the most aggressive to date. The... 


Cosmo Metals to acquire WA gold project
17th January 2024 By: Creamer Media Reporter

ASX-listed Cosmo Metals has signed a term sheet to acquire La Zarza Minerals, which holds the tenements comprising the Kanowna gold project (KGP), in Western Australia. Cosmo MD James Merrillees... 


The Cosmos nickel mine
Australia's nickel producers reel from supply glut
17th January 2024 By: Reuters

A sharp slide in nickel prices over the past year, driven by a jump in Indonesian supply, has hit Australian nickel producers, leading to mine closures, production cuts and writedowns in recent... 


Evolution Mining eyes worst day in year-and-a-half on production miss
Evolution Mining eyes worst day in year-and-a-half on production miss
17th January 2024 By: Reuters

Shares in Evolution Mining dropped nearly 21% to post their biggest drop in about 18 months on Wednesday, after the miner's second-quarter gold production missed analyst expectations. The stock... 


The Mt Ida lithium mine
AustralianSuper to swoop on lithium stocks after price collapse
17th January 2024 By: Bloomberg

Australia’s largest pension fund plans to double its exposure to local lithium stocks over the next five years, after a price rout made producers of the key battery material more affordable.... 


Seventh consecutive year of production growth for Karora
16th January 2024 By: Creamer Media Reporter

The Beta Hunt and Higginsville mines, in Western Australia, have delivered a production record of 160 492 oz in 2023, capping the seventh consecutive year of production growth for Toronto-listed... 


FireFly reports ‘outstanding’ grades at Green Bay
16th January 2024 By: Creamer Media Reporter

Australia-listed FireFly Metals, formerly AuTECO Minerals, has reported “outstanding” high-grade copper and gold assays from its first drilling programme at the Green Bay project, in Canada. As... 


Toro makes progress on Lake Maitland uranium project extension study
16th January 2024 By: Tasneem Bulbulia

ASX-listed Toro Energy’s extension study of the proposed Lake Maitland uranium/vanadium operation, located about 105 km southeast of the Wiluna township, in Western Australia, has significantly... 


Copper 360 CEO Jan Nelson
Smart wristwatches to uplift mineworker well-being at Copper 360
16th January 2024 By: Martin Creamer

Computer programmes that use artificial intelligence (AI) to model orebodies and plan mines optimally have already been introduced by Copper 360, says the JSE AltX-listed Northern Cape copper... 


Lotus poised to be major uranium player with Kayelekera restart, Letlhakane optimisation
16th January 2024 By: Tasneem Bulbulia

ASX-listed Lotus Resources has, post the completion of its acquisition of A-Cap, finalised the preliminary work programmes required to enable it to become a global uranium player, targeting a... 


Cobre Panama is in a preservation and safe management state
First Quantum pulls in horns after Panama setback
16th January 2024 By: Mariaan Webb

Canadian miner First Quantum is pulling in its horns after its misfortune in Panama, where the company has been ordered to permanently close its 300 000 t/y copper mine. The Toronto-listed miner... 


Coal miner fatality reported at Saraji, Queensland
Coal miner fatality reported at Saraji, Queensland
16th January 2024 By: Mariaan Webb

Mining major BHP on Tuesday confirmed the death of a contractor employee in a vehicle incident at its Saraji mine, in Queensland’s Bowen Basin. In a brief statement conveying sympathy to the... 


CEO Jakob Stausholm
Rio Tinto sees gradual recovery in China’s economy in 2024
16th January 2024 By: Mariaan Webb

Diversified mining major Rio Tinto expects stimulus measures implemented by China to catalyse a slow but steady recovery of the world’s second-biggest economy in 2024, providing reinforcement to... 


Dampier Salt sells WA salt operation for A$375m – Rio Tinto
Dampier Salt sells WA salt operation for A$375m – Rio Tinto
16th January 2024 By: Creamer Media Reporter

Diversified miner Rio Tinto on Tuesday announced the sale of Dampier Salt’s MacLeod salt and gypsum operation in Carnarvon, Western Australia, to privately owned Leichhardt Industrials for... 


Operations at Ravensthorpe will be scaled back.
First Quantum scales back Australia nickel production, explores smaller asset sales
16th January 2024 By: Mariaan Webb

Canada-headquartered First Quantum will scale back operations at its Ravensthorpe nickel mine, in Australia, as prices for the metal has tumbled amid an influx of new low-cost supply and weaker... 


Pilbara expands Ganfeng offtake agreement
Pilbara expands Ganfeng offtake agreement
15th January 2024 By: Creamer Media Reporter

Australian lithium producer Pilbara Minerals has expanded its existing offtake agreement with Ganfeng Lithium, which materially increases short- and medium-term supply of spodumene concentrate to... 


Azure Capital to guide Zenith’s strategic review
Azure Capital to guide Zenith’s strategic review
15th January 2024 By: Creamer Media Reporter

Mining exploration company Zenith Minerals has appointed Perth-based corporate advisory firm Azure Capital as strategic adviser for the review of its lithium business. This move underscores... 


Platinum bar.
Supply-demand trend favours platinum over palladium – Deutsche Bank Research
15th January 2024 By: Martin Creamer

The convergence in platinum and palladium prices is likely to go further. Fundamentals point more positively for platinum into 2025 on a better autocatalyst demand trend. 


Global Uranium sells Australia lithium asset
15th January 2024 By: Mariaan Webb

Australia-based Global Uranium on Monday announced the sale of its Lake Johnston lithium project, in Western Australia, to Intra Energy Corporation (IEC), as the company shifts its focus to... 


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