Mining Industry Urges Rapid Act Changes After Labor Win
Australia's mining industry is pushing for immediate amendments to the Mining Act after Labor's recent election success, citing regulatory hurdles and economic growth concerns.
Australia's mining industry is pushing for immediate amendments to the Mining Act after Labor's recent election success, citing regulatory hurdles and economic growth concerns.
The Minerals Council of Australia warns that union campaigns against BHP could harm the national economy, sparking debate over industrial relations and mining sector stability.
The Eva Copper Mine near Cloncurry has been declared a major project, promising significant economic benefits for regional Queensland through job creation and investment.
Lindian Resources has officially opened its Tipume accommodation camp at the Kangankunde rare earths project in Malawi, housing 65 initial rooms and supporting 38 staff as construction ramps up.
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RecommendedArdea Resources' Kalgoorlie nickel project has been highlighted in a Japan-US Critical Minerals Joint Fact Sheet, boosting its global significance and potential for international collaboration.
Kalamazoo Resources has unveiled impressive drill results from its Ashburton gold project in Western Australia's Pilbara region, with significant gold intercepts at Mt Olympus boosting growth prospects.
Shares in ASX-listed Killi Resources skyrocketed following the appointment of Nev Power as chairman, signaling strong investor confidence in the mining company's future direction.
Siren Gold reports promising assay results from its infill drilling at the Sams Creek gold project in New Zealand, aiming to upgrade resources and advance towards production.
Perseus Mining has identified Aurum Resources as its next acquisition target, citing potential future synergies to enhance its mining portfolio and operational efficiency.
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RecommendedGlencore has threatened to withhold shift pay from refinery workers amid a bitter wage dispute, escalating tensions over pay and conditions at the site.
Mineral Resources has reportedly ended its advisory relationship with former Western Australian Premier Mark McGowan, amid speculation over strategic shifts in the mining sector.
Ralph De Lacey, a mine boss, has been fined $80,000 for environmental act breaches at the Mount Garnet mine in Queensland, highlighting regulatory enforcement in the mining sector.
Aguia Resources finalizes the sale of its Atocha silver project in Colombia, securing C$2 million to focus on near-term production at its Brazilian phosphate and Colombian gold assets.
New research from Ord Minnett highlights how increasing fuel prices are squeezing profit margins for ASX-listed gold miners, with some companies more vulnerable than others.
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RecommendedMargaret Brice's Aurenne Group reports a tenfold increase in net profit to $111.8 million, driven by strong performance at the Mt Ida gold mine in Western Australia.
Patriot Resources has appointed Dominic Duggan as managing director to lead growth at the Tassa silver project in Peru, leveraging his mining and financial expertise.
Dalaroo Metals has outlined a high-priority gold drill target spanning 2.5 kilometres at its Bondoukou project in Côte d'Ivoire, with rock-chip assays up to 17.95g/t gold confirming mineralisation.
Auric Mining's Munda starter pit in Western Australia produced 8,886 ounces of gold, surpassing its budget by 46%. The success highlights higher grades at depth and efficient processing, boosting cash reserves for future expansion.
Infini Resources has finalized contracts with leading firms Rodren Drilling and Archer Cathro & Associates to launch a 2500-metre drilling program at its Reynolds Lake and Reitenbach Lake uranium projects in Canada's Athabasca Basin.
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RecommendedDateline Resources has acquired a second diamond drill rig for its Colosseum project in California, increasing on-site rigs to three. This move enhances exploration intensity and control over timelines for gold and rare earth elements.
Paul Konstek raises alarm over potential fuel shortages that could leave truckers stranded, urging for more information and transparency from authorities to avert a crisis.
Australian mining firm OzMin Resources has appointed industry veteran Sarah Chen as its new CEO, aiming to boost production and navigate volatile global copper markets.
Core Lithium has allocated $300 million to restart the shuttered Finniss lithium mine in Northern Territory, with potential operations resuming within six months amid market recovery.
BHP's Brandon Craig is spearheading the mining industry's push for significant reforms in energy and union policies, aiming to enhance competitiveness and sustainability in Australia's key sector.
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RecommendedCorazon Mining has acquired rights to a tenement package in WA's Plutonic-Marymia Greenstone Belt, expanding its landholding and gaining access to valuable historical data for gold exploration.
BHP names Brandon Craig as CEO to lead its copper and potash expansion, while Woodside appoints Liz Westcott to focus on oil and gas, reflecting contrasting futures in mining and energy sectors.
Gateway Mining has discovered a new gold prospect, Rubicon, at its Yandal project in Western Australia, with early drilling showing promising mineralisation over 700 metres.
Red Metal Limited and Chalice Mining have formed an earn-in joint venture to explore copper-gold targets in South Australia's Curnamona province, with a $12 million commitment over four years.
BHP's new chief executive, Brandon Craig, has announced a strategic shift, pushing mergers and acquisitions down the priority list in favour of operational efficiency and shareholder returns.
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RecommendedBrandon Craig is appointed as the new CEO of BHP, the world's largest mining company, focusing on expanding its copper operations amid growing global demand for the metal.