October 17, 2023 Glencore to shut Mount Isa copper mines by 2025, cut 1,000 jobs – AFR Move will result in the loss of about 1,000 jobs, though it will keep its refinery and smelters open in North Queensland.
October 16, 2023 Newcrest reports lower quarterly gold output on maintenance shutdowns Planned maintenance activities at the miner's Cadia, Telfer, Brucejack projects resulted in a lower throughput.
October 16, 2023 Rio Tinto’s Q3 iron ore shipments rise marginally on Gudai-Darri strength The company generates 70% of its profit through its iron ore operations.
October 16, 2023 Giant lithium deal collapses after Australian billionaire Rinehart steps in Albemarle has walked away from its $4.2 billion takeover of Liontown Resources after Australia’s richest woman built up a blocking minority.
October 16, 2023 Top miners, academics partner to seek new ways to discover sedimentary copper Kupferschiefer project aims to revisit archive geological data and reinterpret it using petroleum and mineral system approaches, creating maps of mineral prospective areas within the Central European Basin.
October 12, 2023 Raising capital now biggest risk to stage.mining.companies after ESG The massive capital outlays required by the green energy transition have become a top mining boardroom agenda item, says new survey.
October 12, 2023 Newcrest investors strongly approve $17 billion Newmont takeover The proposed deal is the third largest ever involving an Australian company.
October 11, 2023 Newmont shareholders vote in favor of $16.8bn Newcrest buyout Both the companies expect the deal to close in early November, Newmont said.
October 11, 2023 Liontown extends due diligence for $4.2bn Albemarle buyout Gina Rineheart has been increasing her stake in Liontown Resources in attempt to block the move.
October 11, 2023 ERG signs deal to sell cobalt to US battery materials producer ERG said it would sell 3,000 metric tons of contained cobalt metal a year to EVelution.
GRAPH: Cobalt price plunge and the EV market Cobalt prices have plummeted to their lowest level since 2016, as a deluge of supply overwhelms stagnating demand from the electric vehicle […] February 11, 2025 | 04:03 pm
China funnelled $57 billion to control critical mineral supply chain A network of at least 26 state-backed banks has helped Beijing tighten its grip on critical minerals over the past two decades. February 05, 2025 | 11:00 am
GRAPH: The mining and Nvidia solar system The Top 50 is now trading $480 billion below the peak hit in the second quarter of 2022 February 05, 2025 | 10:05 am
Silvercorp acquisition of Adventus hits roadblock Lawsuit challenging the environmental permit for the target company’s project in Ecuador emerges as bone of contention. July 10, 2024 | 12:13 pm