A new report by the International Energy Agency (IEA) has shown that growth in coal demand from India and other Asian countries would offset declining demand from European nations and from the US, with Australia poised to take up a greater share of co…
Australia ready to supply Asian demand – Canavan Read More »
Gold miner Northern Star Resources on Tuesday announced an $800-million transaction to gain gold miner Newmont Goldcorp’s 50% stake in Kalgoorlie Consolidated Gold Mines (KCGM), which holds the Super Pit.
The deal between Northern Star and Newmont fol…
Northern Star spends $800m on Super Pit stake Read More »
Mineral sands miner Iluka Resources on Tuesday announced an impairment charge of $290-million in the 2019 full year for the carrying value of the assets associated with its Sierra Rutile operation, in Sierra Leone.
Iluka has also announced a write-do…
Sierra Rutile not delivering for Iluka Read More »
ASX-listed Core Lithium has acquired the Walanbana lithium project, in the Northern Territory, from fellow-listed Todd River Resources.
In exchange for the exploration license, which is adjancent to Core’s Anningie and Barrow Creek lithium project, Co…
Core increases landholding in the NT Read More »
The Minerals Council of Australia (MCA) has welcomed the release of the Mid-Year Economic and Fiscal Outlook (MYEFO), saying it confirmed the mining industry’s vital contribution to the government’s improved fiscal position.
Federal Treasurer Josh Fr…
Miners contributing to surplus – Treasurer Read More »
Gold miner Northern Star Resources went into a trading halt on Monday, pending the announcement of a potential significant transaction, as reports swirled that the company would buy major Newmont Goldcorp’s interest in the Super Pit mine, in Kalgoorlie…
Northern Star halts trade among Super Pit rumours Read More »
A new report by the Australian Energy Market Operator (AEMO) has highlighted that Western Australia’s potential gas supply could exceed forecast domestic demand over the next ten years.
In the 2019 Western Australia Gas Statement of Opportunities, th…
WA’s gas supply to surpass demand Read More »
ASX-listed Lithium Australia has secured A$6.3-million in funding from The Lind Global Macro Fund to fund growth of the company’s Soluna Australia battery business, and the commercialisation of the company’s cathode business, and the growth of its batt…
Lithium Australia secures A$6.3m in funding Read More »
Diamond miner Lucapa has generated a further A$9.3-million in revenues following its latest diamond tender.
The Africa-focused miner on Monday said that 3 274 ct of diamonds from its Lulo mine, in Angola, was sold for gross proceeds of A$5-million, r…
Lucapa reports more diamond sale revenue Read More »
Gold miner Resolute Mining has appointed Stuart Gale as its CFO, effective from January 20, replacing Lee-Anne de Bruin.
Gale was most recently group manager corporate finance for iron-ore major Fortescue Metals, which he joined in 2010.
Resolute appoints new CFO Read More »
