Mining & Resources
Category Archive

Pilbara Minerals greenlights Pilgangoora mine development

June 26, 2017 • Mining & ResourcesComments (0)

Australian lithium developer Pilbara Minerals has reached a final investment decision (FID) to fully develop its 100%-owned Pilgangoora Lithium-Tantalum Project in WA’s Pilbara region. It comes after the company raised USD$100 million through a recent bond issue, in addition to the A$80 million secured by way of a placement. With final financial

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Rio Tinto snubs Glencore, tells shareholders to vote for Yancoal’s C&A proposal

June 22, 2017 • Mining & Resources, NewsComments (0)

Rio Tinto has told its shareholders to vote in favour of Yancoal’s offer for its wholly-owned subsidiary Coal & Allied (C&A) despite receiving a higher bid from Glencore. Earlier this month, Glencore submitted a US$2.55 billion offer for Rio

BHP Billiton appoints new Chairman

June 20, 2017 • Mining & Resources, NewsComments (0)

Former Amcor executive Ken MacKenzie has been appointed as BHP Billiton’s next chairman, effective 1 September.  Mr MacKenzie, who has been a Director of BHP Billiton Limited and BHP Billiton Plc since September 2016, spent 23 years with packaging giant

Glencore tables US$2.55bn bid for Rio Tinto’s Coal & Allied

June 13, 2017 • Mining & ResourcesComments (0)

Commodities giant Glencore is looking to hijack Yancoal’s US$2.45 billion takeover deal for Rio Tinto’s Coal & Allied, offering US$100m more that the Chinese-controlled miner. Earlier this year, Rio Tinto agreed to sell Coal & Allied to Yancoal

Australian exploration tool tipped to save millions for the global mining industry

June 8, 2017 • Mining & ResourcesComments (0)

The global mining industry could soon benefit from an Aussie-made technology that provides new knowledge on orebodies and mineral systems.   Developed by CSIRO, the new advanced mineral analysis and logging technology – called HyLogger – uses the spectra

Rio Tinto and Minmetals to discuss exploration collaboration

June 7, 2017 • Mining & ResourcesComments (0)

Rio Tinto and Minmetals have signed a Heads of Agreement (HoA) to ‘discuss opportunities for potential collaboration’ in mineral exploration. It comes three months after the two parties signed a Memorandum of Understanding in which they committed to

Fortescue wins top honours at Platts Global Metals Awards

May 23, 2017 • Mining & ResourcesComments (0)

Fortescue Metals Group (Fortescue) has won high recognitions at the Platts Global Metals Awards which recognise top performers, industry leaders and innovators across 14 different categories. The Group claimed the esteemed ‘Metals Company of the Year’