australia

Rio Tinto speeds up exploration at Winu copper find in W. Australia

The Winu copper-gold-silver discovery, a potential major boost for the company’s growth options, is about 130 km. from Newcrest’s Telfer copper-gold mine in the East Pilbara.

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World Bank, Germany, Rio and Anglo set up “climate smart” mining fund

The World Bank is targeting a total investment of $50 million, to be deployed over a 5-year timeframe.

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Australia’s Alliance Mineral inks key lithium deal with Chinese EV firm

Joint venture with Jiangxi Special Electric Motor, a major Chinese maker of engines for electric vehicles, will allow Alliance to participate in the downstream lithium products market without having to incur the capital costs or risk associated with the construction of a conversion facility.

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Still a way to go to achieve gender balance in the mining industry

According to the Responsible Mining Foundation, most of the companies assessed show little or no evidence of efforts to strengthen the gender balance of their leadership and governance teams.

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Iron ore miners should take advantage of high prices and improve their credit scores: Fitch

The credit ratings and research division of the Fitch Group says producers should take advantage of the current environment of lower supply, healthy demand and higher prices.

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Australian junior Aurelia goes after Glencore’s copper mine

Aurelia Metals is in talks with the Swiss miner and commodity trader about a possible acquisition of CSA underground mine, which produced 48,000 tonnes of copper concentrate last year.

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