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Australasia

Australia exploration results: It’s costing more to do less
Australia exploration results: It’s costing more to do less
4th June 2024 By: Creamer Media Reporter

Mineral exploration expenditure in Australia reached A$910.4-million in March, figures released by the Australian Bureau of Statistics (ABS) on Tuesday show. Expenditure on greenfield exploration... 


Petra Diamonds CEO Richard Duffy
Diamond transparency from mine to finger is on way from Petra
4th June 2024 By: Martin Creamer

Traceability is becoming an increasingly important part of the natural diamond industry, specifically in terms of being able to verify provenance or origin. G7 sanctions being applied also make... 


The Volvo logo on a vehicle
Volvo to issue world's first EV battery passport ahead of EU rules
4th June 2024 By: Reuters

Volvo Cars is launching the world's first EV battery passport recording the origins of raw materials, components, recycled content and carbon footprint for its flagship EX90 SUV, which is about to... 


The company's 2024 exploration field season has started.
Green Technology searches for new CEO
4th June 2024 By: Creamer Media Reporter

Australia-listed, Canada-focused Green Technology Metals on Tuesday announced that it would be looking to appoint a new CEO as the company progressed its Seymour lithium project, in Ontario,... 


Energy Fuels shores up Australian supply for REE production
Energy Fuels shores up Australian supply for REE production
4th June 2024 By: Mariaan Webb

US-based Energy Fuels has formed a joint venture with Astron to develop the Donald rare earth element (REE) and mineral sands project in Australia, securing supply for its White Mesa mill, in... 


BHP CEO Mike Henry
BHP faces a test of patience after $49bn Anglo bid falters
4th June 2024 By: Bloomberg

Days after BHP Group failed to secure the $49-billion takeover of smaller rival Anglo American, investors have one message for CEO Mike Henry — keep your cool. BHP argues it showed restraint in... 


Kincora secures new unexplored Macquarie Arc porphyry project
3rd June 2024 By: Creamer Media Reporter

Dual-listed Kincora Copper has secured a new exploration licence covering 173 km2 in the Macquarie Arc, in central New South Wales. The Wongarbon project is considered to host one of the last... 


CIMIC and Hancock investments keep Vulcan momentum
CIMIC and Hancock investments keep Vulcan momentum
3rd June 2024 By: Creamer Media Reporter

Lithium project development company Vulcan Energy has raised €40-million (about A$65-million) strategic investments through private placements that will keep the momentum going at its zero-carbon... 


CNGR receives Chinese approvals to buy Lithium Energy’s Solaroz project
3rd June 2024 By: Creamer Media Reporter

CCNET, a subsidiary of China-listed CNGR Advanced Material Co, has received Chinese regulatory approvals to acquire Australian junior Lithium Energy’s 90% interest in the Solaroz lithium brine... 


True North makes management changes
3rd June 2024 By: Creamer Media Reporter

Australian copper company True North Copper on Monday announced the appointment of Bevan Jones as MD and Craig Gouws as CFO. Jones, a seasoned operations officer, has more than 30 years of... 


African Rainbow Minerals Executive Chairperson Dr Patrice Motsepe
South Africa’s ARM completes strategic investment in Canada’s Surge Copper
3rd June 2024 By: Martin Creamer

South Africa’s diversified mining company African Rainbow Minerals has secured its 15% strategic shareholding in Surge Copper, a Toronto Stock Exchange-Venture Exchange company that is advancing an... 


Lotus’ US shares upgraded to OTCQX Best Market
3rd June 2024 By: Tasneem Bulbulia

Africa-focused uranium company Lotus Resources’ shares have started trading on the US-based OTCQX Best Market, an upgrade from the OTCQB Venture Market. The company’s OTC ticker symbol remains LTSRF. 


Drilling on the Tiris project, in Mauritania
Aura starts dual funding workstreams to garner debt, strategic financing for Tiris
3rd June 2024 By: Marleny Arnoldi

ASX- and Aim-listed Aura Energy has started two funding workstreams to underpin the development of the Tiris uranium project, in Mauritania. The company aims to secure an integrated funding... 


Tony O'Neill
Former Anglo exec joins Woodside board
3rd June 2024 By: Creamer Media Reporter

Australian energy major Woodside has appointed Tony O’Neill as a nonexecutive director with effect from June 3. "We continually review our board composition to ensure that Woodside's board is best... 


Miner dies in Virginia coal mine accident
Miner dies in Virginia coal mine accident
3rd June 2024 By: Mariaan Webb

Metallurgical coal producer Coronado Global Resources halted production at the Buchanan underground complex in Virginia, US, on Friday evening, after a 27-year old miner lost his life when a loose... 


Cyclones slash Australian gold production in March quarter
Cyclones slash Australian gold production in March quarter
3rd June 2024 By: Creamer Media Reporter

Australian gold mine production fell to 70 t in the March quarter, from 77 t in the December quarter, as a series of cyclones moved inland, with heavy rain wreaking havoc on the country's main gold... 


Iron-ore tumbles to lowest in six weeks on China demand concerns
Iron-ore tumbles to lowest in six weeks on China demand concerns
3rd June 2024 By: Bloomberg

Iron-ore dropped to the lowest level in more than six weeks on worries over the outlook for Chinese demand, which has been hammered by the protracted property crisis. China’s housing slump is now... 


Australian Treasurer Jim Chalmers
Australia orders Chinese investors to sell down stake in rare earths miner
3rd June 2024 By: Reuters

Australian Treasurer Jim Chalmers has ordered several China-linked investors to dispose of shares in rare earths miner Northern Minerals on national interest grounds, a spokesperson said on... 


Volt starts shipments of high-value purified graphite
Volt starts shipments of high-value purified graphite
31st May 2024 By: Creamer Media Reporter

Australia-listed Volt Resources on Friday commenced high-purity (99.5%) micronized graphite shipments from its Zavalievsky (ZG) mine, in Ukraine. Volt last month received a 40-t customer order at a... 


Worley wins first South32 North America contract
31st May 2024 By: Creamer Media Reporter

Diversified mining company South32 has awarded Australian professional services company Worley an engineering and procurement services contract at the Hermosa project, in the US. Worley will be... 


Perseus progressing work streams at Nyanzaga project after buyout
31st May 2024 By: Tasneem Bulbulia

ASX- and TSX-listed Perseus Mining has completed the acquisition of the Nyanzaga gold project, in Tanzania, through the takeover of OreCorp, chairperson and CEO Jeff Quartermaine informs. The... 


Solar power panels at South Deep gold mine.
ESG intrinsic to long-term mining success, Gold Fields AGM hears
31st May 2024 By: Martin Creamer

Managing environmental, social, and governance (ESG) aspects is intrinsic to the long-term success of mining, Gold Fields chairperson Yunus Suleman highlighted at this week’s annual general meeting... 


AngloGold Ashanti's Obuasi mine, in Ghana
AngloGold confirms all its operations are conflict-free
31st May 2024 By: Marleny Arnoldi

The operations of AngloGold Ashanti remain conflict-free as of December 31, 2023, the gold miner states in its ‘Conflict-Free Gold Report 2023’ on May 31, emphasising that it extracts gold in a... 


Champion Iron reports higher profit
Champion Iron reports higher profit
31st May 2024 By: Mariaan Webb

Quebec iron-ore miner Champion Iron has reported a robust revenue and net income performance for the year ended March 31, 2024. Despite facing challenges due to lower selling prices and logistical... 


Queensland Premier Steven Miles
Queensland outlaws carbon storage in Australia's biggest aquifer
31st May 2024 By: Reuters

Australia's Queensland state will ban carbon capture and storage in a giant aquifer that spans much of its territory, the state government said on Friday, after an outcry from farmers who said such... 


Rio Tinto secures future of NZ aluminium smelter, acquires full ownership
Rio Tinto secures future of NZ aluminium smelter, acquires full ownership
31st May 2024 By: Mariaan Webb

Commodities giant Rio Tinto announced on Friday that it would keep New Zealand’s sole aluminium smelter operational until at least 2044, following the completion of new 20-year electricity supply... 


Magazine Cover image
Unpacking the conditions for meeting burgeoning copper demand
31st May 2024 By: Marleny Arnoldi

With copper demand expected to increase from 28.3-million tonnes in 2020 to 41-million tonnes by 2040 at a compound yearly growth rate of 1.85%, and many regions gearing up supply chains for... 


Anglo American CEO Duncan Wanblad
Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
30th May 2024 By: Reuters

Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad... 


Anson discovers high-grade critical minerals at Ajana
30th May 2024 By: Creamer Media Reporter

Minerals exploration company Anson Resources has discovered extensive mineralisation of gallium, indium, germanium and barium at its Ajana project, in Western Australia. The discovery of these... 


Sibanye-Stillwater secures fourth power purchase agreement.
Sibanye clinches yet another renewable energy purchase agreement
30th May 2024 By: Martin Creamer

Johannesburg- and New York-listed Sibanye-Stillwater has concluded its fourth renewable energy power purchase agreement (PPA). The green metals and gold producer has reached financial close for an... 


Aluminium hits two-year high as China capacity limits help rally
Aluminium hits two-year high as China capacity limits help rally
30th May 2024 By: Bloomberg

Aluminum extended gains to a two-year high after China, the biggest producer, tightened capacity controls across an array of metals to meet emission-cutting goals. The light metal used in... 


New World secures option on Arizona copper deposit
New World secures option on Arizona copper deposit
30th May 2024 By: Mariaan Webb

Copper developer New World has secured an option to acquire a 630 000 t, high-grade historical copper and zinc resource, located in a district of Arizona where the firm is currently actively... 


New power contract facilitates Sierra Rutile's Area 1 restart
New power contract facilitates Sierra Rutile's Area 1 restart
30th May 2024 By: Mariaan Webb

Mineral sands miner Sierra Rutile has restarted operations at Area 1 in Sierra Leone, facilitated by a new contract for additional power generation capacity. The ASX-listed company has entered... 


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