Liontown unveils A$1.13bn funding plans

Lithium developer Liontown Resources has announced a A$1.13-billion capital plan to fund the development of its Kathleen Valley project, in Western Australia, after critical minerals company... 

MARBL JV settles into new normal

The amended MARBL joint venture (JV) between ASX-listed Mineral Resources (MinRes) and partner Albemarle Corporation, has become effective. The JV partners in July this year agreed to amend the... 

Shutdowns dull Northern Star shine

Gold miner Northern Star Resources has seen gold sales drop during the three months to September, but the company has maintained its outlook for the 2024 financial year. Gold sales in the... 

Avenira's DSO dreams could come true

A feasibility study onto a direct shipping ore (DSO) operation at the Wonarah potash project, in the Northern Territory, has proven economical for ASX-listed Avenira. The DSO operation would be... 

Santos faces court action, but soothes with stellar quarter

The Australian Energy Regulator (AER) has started proceedings in the Federal Court against oil and gas giant Santos, alleging breaches of important record keeping obligations in the National Gas... 

Rio to increase Gudai-Darri output

Diversified miner Rio Tinto this week said it was looking to increase capacity at its Gudai-Darri iron-ore mines, in the Pilbara, from 43-million tonnes a year to 50-million tonnes a year, at a... 

Rio launches exclusive diamond tender

PERTH (miningweekly.com) – Major Rio Tinto has launched a new exclusive sales event for some of the diamonds recovered from its Australian and Canadian mines. Known as The Beyond Rare tender, the... 

Construction starts on Hydrogen Park in Gladstone

Construction has started on A$14.5-million Hydrogen Park (HyP) in Gladstone, which would be the first city-wide renewable hydrogen blending project in Australia. Construction of the project,... 

Essential shareholders back takeover offer

The shareholders of ASX-listed Essential Metals has backed a takeover offer from fellow listed Develop Global. The two companies in July this year entered into a binding scheme of implementation... 

Woodside posts solid quarter

Oil and gas major Woodside has reported an 8% increase in production for the quarter ended September, with production reaching 47.8-million barrels of oil equivalent. The company on Wednesday... 

Whitehaven strikes $3.2bn coal deal with BHP

Coal miner Whitehaven Coal has struck $3.2-billion deal with diversified miner BHP and Mitsubishi Development to acquire the Duania and Blackwater metallurgical coal mines in Queensland. BHP has... 

BHP reports a mixed bag

Diversified major BHP has seen production in the first quarter ended September drop across most of its commodities, apart from copper, compared with the fourth quarter of the 2023 financial year.... 

Codelco jumps into the lithium space with Lithium Power acquisition

Chilean copper major Codelco has made a A$385-million takeover offer for ASX-listed Lithium Power International, offering 57c a share under a scheme of arrangement. The offer represented a premium... 

Curtain falls on Mt Isa underground copper mine

After more than 60 years of copper mining, the Mt Isa underground copper mine and concentrator, in Queensland, as well as the Lady Loretta zinc mine, will close in the second half of 2025, with the... 

Battery Minerals proposes name change with new gold buy

Junior Battery Minerals has struck a deal to acquire the Spur gold project, in East Lachlan, and has proposed a name change to Waratah Minerals to reflect its growing portfolio of gold/copper... 

Aura sets exploration target at Tiris

ASX-listed Aura Energy has identified exploration targets to extend its Tiris project’s current resource, in Mauritania. The company said on Tuesday that preliminary work has identified seven... 

Syrah's Louisiana AAM facility's capital costs rise

Graphite miner Syrah Resources is on track to start production at its expanded Vidalia active anode material (AAM) facility, in Louisiana, by the December quarter of this year, subject to the... 

AIC reports higher production

Junior AIC Mines has reported a record production of 12 565 t of concentrate during the September quarter, containing 3 402 t of copper at its Eloise mine, in North Queensland. Concentrate... 

Genesis inches closer to Dacian target

ASX-listed Genesis Minerals’ stake in fellow-listed gold miner Dacian Gold has increased to 83.08%. Genesis this week made an offer to acquire the remaining near 20% interest in Dacian, offering... 

Newcrest output dips

Gold miner Newcrest Mining has reported an 18% fall in gold production for the three months to September, on the back of planned maintenance shut-downs. Gold production in the September quarter... 

Rio posts another strong quarter

Diversified miner Rio Tinto has delivered another strong quarter of results, with a production increase reported across all of its commodities, apart from titanium dioxide slag. “We delivered... 

Core upgrades confidence in BP33 resource

Lithium miner Core Lithium has reported an increase in the mineral resource estimate at its BP33 deposit, in the Northern Territory. As part of the works programme to update the feasibility study... 

Jindalee shakes the tin

ASX-listed Jindalee Resources will raise A$5.5-million to advance its McDermitt lithium project, in Oregon. The company on Monday told shareholders that it would issue up to 3.93-million shares at... 

Endeavor restart to cost A$23.7m

A mine restart study for the Endeavor silver/zinc/lead mine, in New South Wales, estimates that the project will require a capital investment of A$23.7-million and could support an initial ten-year... 

Saturn raises cash

Junior Saturn Metals will raise A$6-million in a two-tranche share placement to fund work at its Apollo Hill gold project, in Western Australia. The first tranche of the share placement to... 

Genesis takes another run at Dacian Gold

Gold miner Genesis Minerals has made an offer to acquire the remaining near 20% interest in fellow-listed gold miner Dacian Gold under a binding bid implementation agreement. Genesis is offering... 

Albemarle withdraws A$6.6bn offer for Liontown

Critical minerals company Albemarle has withdrawn its takeover offer for lithium developer Liontown Resources, saying it was not in the company’s best interest. Albemarle had been pondering a... 

Fortescue opens UK tech innovation center

ASX-listed Fortescue has cut the ribbon on its $23-million technical innovation centre in the UK. The Kidlington facility will focus on the technical development, testing and prototype production... 

Fortescue gets in line for US federal funding

Iron-ore and green energy developer Fortescue could have access to US funding in the pursuit of its green hydrogen aspirations. The company has been selected to begin award negotiations as part... 

Lotus to spin out NSW assets

ASX-listed Latin Resources has announced plans to divest of its wholly owned subsidiary Lotus Minerals, which holds the Lachlan Fold Belt project, in New South Wales. The Lachlan Fold Belt project... 

DevEx raises exploration funds

ASX-listed DevEx will raise A$21.1-million in a share placement and fully underwritten entitlement offer to expand its exploration programmes in Western Australia and the Northern Territory.... 

Lucapa marks successful diamond tender

Diamond miner Lucapa Diamond Company has announced revenues of A$15.7-million from the sale of seven exceptional diamonds from its Lulo operation, in Angola. The company sold 534.9 ct by tender,... 

Research identifies ways to reduce lithium in lithium batteries

Researchers at Monash University have developed a new lithium-sulphur battery design that reduces the amount of lithium required in a single battery. A recent paper by PhD student Declan McNamara,... 

Consultation to start on environmental laws

The Federal government will start consultation on new environmental laws shortly, some two months ahead of schedule said Environment and Water Minister Tanya Plibersek. Experts from more than 30... 

POSCO eyes hydrogen for Pilbara HBI plant

South Korean major POSCO and French energy generator ENGIE will conduct a pre-feasibility study (PFS) for a major renewable hydrogen project in the Pilbara. The study will determine the... 

More urgency needed for CCUS development - Woodmac

Advisory firm Wood Mackenzie (Woodmac) has called for urgency to meet the seven-billion tonnes carbon capture required to meet the global net zero goals by 2050. Speaking in Houston this year,... 

Newcrest shareholders vote yes on Newmont offer

The shareholders of takeover target Newcrest Mining have voted in favour of the takeover offer from NYSE- and TSX-listed Newmont Corporation. Some 84.74% of Newcrest shareholders voted on Friday,... 

AngloGold Ashanti tests electric truck at Sunrise Dam

Gold miner AngloGold Ashanti has inked an agreement with mining contractor Barminco and equipment supplier Sandvik Mining and Rock Solutions to test the largest battery-electric underground mining... 

Alpha advances HPA circuit construction

ASX-listed Alpha HPA is on track to fully commission the high purity alumina (HPA) circuit at its Stage 1 precursor production facility (PPF), in Queensland. The company said on Thursday that it... 

Tamboran proposes move to the US

Natural gas developer Tamboran Resources has announced its intention to re-domicile the company and its subsidiaries from Australia to the US, by way of a proposed scheme of arrangement. All...