R/€ = 18.44 Change: -0.01
R/$ = 15.14 Change: 0.01
Au 1855.32 $/oz Change: -7.42
Pt 1101.50 $/oz Change: -8.39


Geraldton port gets export boost

By: Esmarie Iannucci     17th December 2020 An additional two-million tonnes of exports have been secured for the Geraldton port over the next two years, after the Mid West Ports Authority, has signed port services agreements with three resources companies set to export from Geraldton for the first time. Fenix Resources will export... 

Iron-ore rattled as crackdown plea from China mills spurs slump

By: Bloomberg     14th December 2020 Iron-ore futures in Singapore tumbled from the highest since 2013 after a leading mills’ group in China stepped up its push for authorities in the top importer to investigate the raw material’s blistering rally. The China Iron & Steel Association called on the State Administration of Market... 

NAIF backs Mardie with A$450m loan

By: Esmarie Iannucci     14th December 2020 The Northern Australia Infrastructure Facility (NAIF) has agreed to provide a A$450-million loan to ASX-listed BCI Minerals for its Mardie salt and potash project in Western Australia The A$498-million Mardie salt and potash project is expected to produce more than four-million tonnes of high... 

Coal mining accidents tests China’s control of its cheapest fuel

By: Bloomberg     11th December 2020 At China’s biggest coal event in the mining hub of Shanxi, the industry’s top executives signed deals over three days for more coal than other nations typically use in a year. But the bustling deal-making signals deeper problems in a market vital to the smooth-running of the world’s... 

BCI secures Mardie access

By: Mariaan Webb     27th November 2020 Developer BCI Minerals has entered into an access agreement with the lease holder of the Mardie station, which overlaps in small areas with the proposed Mardie project development footprint and tenure. The access agreement provides Pastoral Management’s (PMPL’s) consent to the grant of key... 

E3 stock soars on Alberta lithium PEA results

By: Mariaan Webb     17th November 2020 Lithium project developer E3 Metals has announced the results of a preliminary economic assessment (PEA) for its Clearwater lithium project, outlining plans to produce 20 000 t/y of battery-quality lithium hydroxide monohydrate (LHM) over 20 years. The project has an aftertax net present value,... 

Brazil to export uranium, cut fertiliser buying if mine proceeds

By: Bloomberg     17th November 2020 A mining project seen as a priority by the Brazilian government would turn the nation into a uranium exporter and reduce its fertiliser import needs if it proceeds. Latin America’s largest economy, which currently imports uranium for its nuclear plants and ships in most of its fertiliser needs,... 

Port access secured for Coburn

By: Esmarie Iannucci     16th November 2020 Mineral sands developer Strandline Resources has secured port access for its Coburn mineral sands project, in Western Australia. The ASX-listed company on Monday announced that it had signed binding port access and services agreement with the Mid West Ports Authority, which operates the port of... 

Stranded coal ships in crosshairs of China-Australia spat

By: Bloomberg     13th November 2020 At least 20 giant bulk carriers are anchored off the Chinese port of Jingtang and unable to offload millions of tons of Australian coal, the latest casualty of the growing diplomatic row between Canberra and Beijing. Fifteen of the ships have been waiting since June, and the remainder have been... 

Transnet revamping concessions model to speed up private involvement in rail and ports 

By: Terence Creamer     23rd October 2020 State-owned freight logistics group Transnet is in the process of overhauling its approach to opening up its port and rail networks, including 8 000-km of branch lines, to private participants, acknowledging that its previous models have been far to slow and cumbersome. CEO Portia Derby said the... 

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