Mining

Foreign alertResource nationalism on the rise post COVID

UK consulting firm Verisk Maplecroft warns resources companies operating in some developing jurisdictions are facing greater risks.

Stuart McKinnon

‘Scale up’Resources sector growth plan released

The Federal Government has released its ten-year plan to grow the resources and minerals sector to create more jobs and economic opportunities for manufacturing business.

Annabel Hennessy

Project expansionGina Rinehart boosts iron ore output

Gina Rinehart has pushed the button on Atlas Iron’s McPhee Creek project, representing the biggest new mine development since she acquired the junior miner for $427 million in 2018.

Stuart McKinnon

Turnaround planSt Barbara puts Macmahon into troubled Gwalia

The gold miner appointed Macmahon on a $500 million contract after a competitive tendering process at the conclusion of a seven-year term with Byrnecut.

Stuart McKinnon

‘Deep regret’Rio chairman falls on sword after Juukan tragedy

In this morning’s bombshell announcement, Simon Thompson said he was ultimately accountable for the failings that led to the blasting of the ancient site in the Pilbara.

Daniel Newell

Social licenceBig miners to adopt new ESG reporting standard

The Minerals Council is rolling out a new system to ensure its mining company members meet rising community expectations with their environmental, social and governance obligations.

Stuart McKinnon

ATO stoushRio to dispute surprise $400m tax bill

The mining giant will contest a $406.5m amended taxation assessment from 2015 relating to a loan it took out to fund intragroup dividends.

Stuart McKinnon

Rich pickingsCashed-up miners ready to deal as world reopens

Deals among cashed-up mining companies are poised to pick up once lingering uncertainties from the pandemic dissipate, according to the most-active investment bank in the industry.

James Attwood and Joe Deaux

Shares surgeLiontown raises the bar with first Moora drill hits

Shares in Liontown Resources surged to an all-time high after the company reported wide gold intersections from recent drilling at its Moora project.

Stuart McKinnon

Infrastructure fundsLoan puts Australian Potash closer to Lake Wells dream

Australian Potash is the latest aspiring potash player to secure a big lick of cash from the Federal Government to fund its Lake Wells project near Laverton.

Stuart McKinnon

Court showdownSandfire’s own goal in Monty royalties dust-up

The Perth-based miner had been chasing bank guarantees for potential legal bills ahead of a court attack on how copper and gold ore is being weighed at Monty.

Neale Prior

Drilling downExploration surge supports super cycle theory

ABS data shows exploration expenditure rose for four consecutive quarters last year.

Stuart McKinnon

Upcoming listingDDH1 raises $150m in IPO

Minerals drilling group DDH1 has closed its $150 million initial public offering ahead of its listing on the Australian Securities Exchange this month.

Kate Purnell

Falling forecastFitch calls lower gold price

But the analyst says gold prices could remain supported over March and April as inflation likely picks up and could rise faster than bond yields.

Stuart McKinnon

Border blast‘Pathetic’: Gold mining boss slams border disunity

The chairman of Australia’s biggest gold miner has slammed some State Premiers, saying their level of co-operation on border restrictions during the COVID pandemic left much to be desired.

Stuart McKinnon

Demerger lawsMiners vote to split from militant CFMEU

The mining and energy division of the Construction, Forestry, Maritime, Mining and Energy Union has decided to split with the militant union saying it had never been less respected or more isolated.

Stuart McKinnon

opinion
opinion
History under threat
opinion
We need to act fast to stop another Juukan disaster

The destruction of Aboriginal land by two of the country’s biggest miners, as well as last year’s Juukan Gorge disaster, is a tragedy we should all mourn. Here’s why the Heritage Act must change.

Rangi Hirini

Resources gambleSingapore’s 3D Metalforge to tap WA mining with listing

Singapore-based company 3D Metalforge is set to list on the ASX tomorrow in a bid to tap WA’s booming mining industry.

Kate Purnell

Record output$27b gold haul for Australian mines

Australia’s gold mine output hit a record 327 tonnes in 2020 as the price of the safe-haven asset soared to new heights amid the uncertainty of the coronavirus crisis.

Danielle Le Messurier

Rio Tinto controversyMcGowan calls for mine site probe after sexism claims

The Premier has urged Rio Tinto to investigate claims of bullying and sexism on mine sites following a West Australian report by a whistleblower who was sacked after complaining about harassment.

Joe Spagnolo

WATCH THE INTERVIEWParamedic: ‘Toxic FIFO sexism must end’

A whistleblower who raised the alarm about a culture of sexist bullying and harassment on Rio Tinto mine sites has spoken out after she was let go after making the report.

Annabel Hennessy

Juukan lessons‘Crash-through mentality’: Fortescue put on notice

Not a single stone should be out of place at Aboriginal heritage sites in the aftermath of Juukan Gorge. Yet in the space of a week, the Pilbara has been rocked by not one but two separate incidents.

Danielle Le Messurier

Iron resolveMacarthur’s magnetite dream slowly taking shape

SPINIFEX: The Brisbane-based company finally seems to be making genuine progress with its Lake Giles magnetite project in the Yilgarn region north-west of Kalgoorlie.

Stuart McKinnon