December 19, 2022

Newcrest CEO leaves Australia’s top gold miner

Chief financial officer Sherry Duhe has become Newcrest’s interim chief executive while the company searches for a new leader.

December 16, 2022

Rio Tinto secures direct control of Oyu Tolgoi mine

Rio Tinto now has a 66% direct ownership over the world’s largest known copper and gold deposit, located in Mongolia.

December 15, 2022

Fortescue ups stake in Candente Copper with $2.9m investment

The Australian iron ore producer will now have 25.4% stake in the Canadian junior, which is advancing the Cañariaco copper project in Peru.

December 13, 2022

Rio Tinto hunts for lithium deals, eyes Jadar revival

Lithium prices, expected to stay at record highs, have the world’s second-biggest miner actively looking for lithium acquisitions.

December 12, 2022

SolGold shares dive despite raising $36m with Jiangxi backing

The miner is said to be at the centre of a bidding war between Jiangxi, China’s largest copper miner on the one side, and a possible BHP-Newcrest alliance on the…

December 12, 2022

BHP invests in Gates and Friedland-backed firm I-Rox

BHP will help I-Pulse and its affiliate I-Rox, in which is also taking an equity position, develop technologies that can curb energy use in the mining sector.

December 8, 2022

Lucapa achieves highest diamond recovery at Angola mine

The Lulo mine haul consist of 20 diamonds weighing a combined 15.51 carats from just one kimberlite bulk sample.

December 8, 2022

Low-cost, high-capacity sodium-sulphur battery expected to be gamechanger for clean energy economy

A new sodium-sulphur battery exhibits super-high capacity and ultra-long life at room temperature.

December 8, 2022

Glencore scraps $1.3 billion Australian coal project

The Valeria open pit metallurgical and thermal coal mine in Queensland would have been one of Australia’s largest.

December 6, 2022

K92 extends PNG mine lease, greenlights ‘transformational’ expansions

Since restarting the copper-gold mine in late 2016, the company has transformed Kainantu into a rapidly expanding producer.