Mining.com.au - Mining News Australia
6 days ago · Helix completes placement, Rosenstreich resigns as Chairman. Helix Resources (ASX:HLX) has completed a placement of 100 million shares to Acta Investment Group at $0.005 per share, being the same price as the offer price under Acta’s proportional takeover offer.
Exploration News - Mining.com.au
6 days ago · Mining.com.au is published by Mayfair Media Operations Pty Ltd ABN 94 627 513 295. The information that we provide is general in nature and is not financial advice.
ASX gains but iron ore miners left behind - Mining.com.au
22 hours ago · The ASX may have climbed higher on Tuesday, but the iron ore and coal majors were not along for the ride.. The slump in the iron ore price back to below US$100 ($160) a tonne saw Champion Iron (ASX:CIA) wipe off 6.55% to close at $5.42 and Fortescue (ASX:FMG) slide 4.43% to $17.25.. Also in the bottom five were coal producers Stanmore Resources (ASX:SMR), which dropped 3.29% to $2.94, and ...
Ebbs and flows: Australia’s mining outlook - Mining.com.au
Dec 22, 2023 · Australia’s mining sector contributes to some 13.4% of the country’s GDP. It remains a major player in the global market in terms of supplying key minerals and metals beyond just those needed for the green energy transition and shift towards decarbonisation. However, the global economic slowdown and fewer supply disruptions generally reduced commodity prices over […]
News Archives - Mining.com.au
Dec 30, 2024 · Mining.com.au is published by Mayfair Media Operations Pty Ltd ABN 94 627 513 295. The information that we provide is general in nature and is not financial advice.
METS Insight: State of Mining Review into 2025 - Mining.com.au
Oct 21, 2024 · Speaking to Mining.com.au on the current state of the METS market, Regional director for Hays North Queensland, Ged Welsh, expects to see an increase in exploration activities although accessing finance for some miners will impede some operations coming online. “As we move into 2025, we anticipate the biggest drivers of vacancy trends in the hard rock mining sector to be the prices of copper ...
METS Insight: Australia ‘punching above its weight’ - mining.com.au
Australia’s mining and METS (mining equipment, technology, and services) sector continue ‘punching above its weight’ and contribute an estimated 15% of Australia’s GDP, creating more than 1.1 million jobs, of which METS businesses employ 300,000 people directly.
Minerals Council lauds mining’s strength amid budget surplus
Oct 6, 2024 · The Minerals Council of Australia has lauded Australia’s second straight budget surplus as a result of the ongoing strength and reliance of the country’s resources sector.Treasurer Jim Chalmers last week announced the Australian Government recorded a $15.8 billion surplus in 2023-24 – the second consecutive financial year the …
Costs a major focus for miners in 2024 - Mining.com.au
Recently, Saxo’s strategy team released its Q1 2024 outlook which outlined the reasons Saxo believes 2024 could become the “year of the metals” with focus on gold, silver, platinum, and copper.. Central banks will likely embark on rate cuts in 2024, marking a shift from the tightening stance in the previous year.
A forgotten metal? Zinc again - Mining.com.au
Oct 7, 2024 · Multiple mines, however, have already reopened in recent months. Ivanhoe’s Kipushi mine in the Democratic Republic of Congo (DRC) reopened in May 2024 following 31 years in care and maintenance.The mine has an expected annual production of 278,000t. Strong consumption in the June 2024 quarter was largely driven by Asian steel demand.