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Mining insights

Port Kembla steelworks.
Coal, M&A, News, South32, Takeover bids

BlueScope considers $2.5b South32 weigh-in

BlueScope has said it will “consider its position” on whether to match the $2.5 billion offer on South32 Limited’s Illawarra Metallurgical Coal (IMC) in New South Wales. Read More
Kelsie TibbenMarch 1, 2024, 8:53 amMarch 1, 2024
Newmont legal
Leadership changes, News

New CEO for Novo

Novo Resources is on the hunt for a new chief executive officer (CEO). Read More
Alexandra EastwoodMarch 1, 2024, 8:47 amMarch 1, 2024
News, OEMS, Sustainability

Thiess to take ownership of new hydrogen generator

Mining services company Thiess will be the first customer for Toyota’s locally-assembled EODev GEH2 hydrogen fuel cell generator. Read More
Alexandra EastwoodMarch 1, 2024, 8:27 amMarch 1, 2024
Red 5
Financial reports, Gold, News, Quarterly and half yearly results, Westgold Resources

Westgold bolstered by strong half-year revenue

Westgold Resources has reported a 15 per cent increase in revenue for the half-year ending December 31 2023 (H1 FY24). Read More
Olivia ThomsonFebruary 29, 2024, 10:02 amFebruary 29, 2024
solar farm
Fortescue, Hydrogen, Iron ore, News, Sustainability, Technology

Fortescue extends sunset on solar

Fortescue and energy supplier Genex have pushed back the sunset date on their 25-year solar supply deal for the Gibson Island hydrogen project in Queensland. Read More
Kelsie TibbenFebruary 29, 2024, 9:56 amFebruary 29, 2024
Capricorn, Karlawinda gold project
Capricorn Metals, Financial reports, Gold, News, Quarterly and half yearly results

Karlawinda brings in millions

A strong operational performance at the Karlawinda gold project (KGP) in the Pilbara drove Capricorn Metals to achieve a record half-year profit before tax. Read More
Olivia ThomsonFebruary 29, 2024, 9:23 amFebruary 29, 2024
nickel
Critical minerals, Lithium, Mining insights, News, Nickel

‘The time for action is now’: AMEC

The Association of Mining and Exploration Companies (AMEC) led a delegation of mining and energy companies yesterday that focused on progressing discussions of a production tax credit (PTC) with the Federal Government. Read More
Olivia ThomsonFebruary 29, 2024, 8:37 amFebruary 29, 2024
lithium 2024
Closure, Core Lithium, Lithium, News, Redundancies

Core Lithium looks to the future

Core Lithium is looking at alternative mining solutions for the Grants open pit, should it recommence mining in the future. Read More
Olivia ThomsonFebruary 28, 2024, 10:38 amFebruary 28, 2024
northern star
Funding, Gold, News

Northern Star shines light on PolarX

Northern Star Resources is set fully underwrite an entitlement offer for Western Australian-based miner PolarX to the tune of $4.9 million. Read More
Kelsie TibbenFebruary 28, 2024, 9:36 amFebruary 28, 2024
Mining and Energy Union
BHP, Community, Government announcements, News, Recruitment

BHP, SA Government forge mining pathways

BHP and the South Australian Government will work together to establish the Port Augusta Technical College, a hub that will train students for high-demand careers in a range of industries. Read More
Olivia ThomsonFebruary 28, 2024, 9:20 amFebruary 28, 2024
green steel
News, Quarterly and half yearly results, Sustainability

ERA bumps up rehabilitation spend

Energy Resources of Australia (ERA) saw a jump in its rehabilitation spend for 2023, up to $211 million compared to $194 million in 2022. Read More
Alexandra EastwoodFebruary 28, 2024, 8:51 amFebruary 28, 2024
austin engineering
Financial reports, Mining services, News, Quarterly and half yearly results

Revenue on the up for Austin

Austin Engineering has reported a 26 per cent increase in revenue ($143.6 million in total) for the first half of the 2023–24 financial year (H1 FY24). Read More
Olivia ThomsonFebruary 28, 2024, 8:42 amFebruary 28, 2024
Government announcements, Iron ore, News, Sustainability

South Australia keen to become green iron powerhouse

The South Australian Government is keen to partner with businesses to jointly investigate the development of a hydrogen-based direct reduction iron (DRI) plant. Read More
Alexandra EastwoodFebruary 28, 2024, 8:17 amFebruary 28, 2024
true north copper
BHP, Copper, Discovery, Government announcements, News

Significant high copper grades unlocked at Oak Dam

An exploration program undertaken by BHP at its Oak Dam copper deposit has identified high-grades of copper deep beneath the Olympic Dam ore body, with some grades equalling more than two per cent. Read More
Olivia ThomsonFebruary 27, 2024, 8:50 amFebruary 27, 2024
MinRes
Community, Funding, Mineral Resources, News

MinRes supports Pilbara youth

Mineral Resources (MinRes) is set to partner with Youth Involvement Council (YIC) to support at-risk kids in the Pilbara. Read More
Kelsie TibbenFebruary 27, 2024, 8:49 amFebruary 27, 2024
Monadelphous
Financial reports, News, Quarterly and half yearly results

Billions in the pipeline for Monadelphous

Engineering group Monadelphous’ revenue soared past $1 billion in the 2023–24 half year (H1 2024), with a further $1.8 billion in new iron and lithium contracts in the pipeline. Read More
Kelsie TibbenFebruary 27, 2024, 8:36 amFebruary 27, 2024
Rio Tinto
Iron ore, News, Rio Tinto, Sustainability

Rio Tinto makes waves in Canada

Rio Tinto’s Iron Ore Company of Canada (IOC) has been awarded $C18.1 million from the Government of Canada. Read More
Alexandra EastwoodFebruary 27, 2024, 8:14 amFebruary 27, 2024
Lynas Kalgoorlie
Financial reports, Lynas Rare Earths, News, Quarterly and half yearly results, Rare earths

Lynas makes ‘significant progress’ across operations

Despite a decline in revenue and sales for the first half of the 2023–24 financial year (H1 FY24), Lynas Rare Earths made strong progress across its Australian and Malaysian operations. Read More
Olivia ThomsonFebruary 26, 2024, 3:20 pmFebruary 27, 2024
Alcoa Alumina Limited
Alcoa, Alumina, M&A, News, Takeover bids

Alcoa launches $3.4 billion takeover of Alumina

Alumina Limited announced today it will back an exclusive takeover bid from joint-venture partner Alcoa in a deal worth $3.4 billion. Read More
Kelsie TibbenFebruary 26, 2024, 10:29 amFebruary 26, 2024
diane copper project
Copper, Funding, Government announcements, News

Dianne copper project backed by Queensland Government

Revolver Resources has been awarded the very first grant from the Queensland Government’s Critical Minerals and Battery Technology Fund to fast-track key technical and design workstreams on its Dianne copper project. Read More
Olivia ThomsonFebruary 26, 2024, 9:20 amFebruary 26, 2024

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