Pilbara Minerals has finalised a joint venture (JV) agreement with POSCO to develop a 43,000 tonne per annum (tpa) lithium hydroxide monohydrate (LHM) conversion facility in South Korea. Read more
Australian pink diamonds soar in value
The price of pink diamonds has risen significantly in the past 12 months, delivering an average return on investment of 30 per cent, the inaugural Australian Diamond Portfolio Pink Diamond Index (ADPPDI) shows. Read more
B2Gold sells Kiaka to West African Resources
West African Resources (WAF) is set to strengthen its gold portfolio in Burkina Faso with the acquisition of a 90 per cent stake in the Kiaka gold project from B2Gold and GAMS‐Mining F&I.
Magnetite appoints Foraco for Razorback drilling
Magnetite Mines has hired Foraco to commence a metallurgical bulk drilling program at the Razorback iron ore project in South Australia.
Wodgina lithium mine to resume operations
Joint venture (JV) partners Albemarle Corporation and Mineral Resources are set to restart the Wodgina lithium mine in Western Australia next year.
OZ Minerals determines Wollongong JV exploration spend
OZ Minerals has completed due diligence at the Wollongong copper farm-in and joint venture (JV) with Resolution Minerals in the Northern Territory, revealing it will spend $4.9 million on exploration at the project over five years.
De Grey raises $125 million to advance Mallina
De Grey Mining has secured a $125 million placement to deliver a pre-feasibility study for the Mallina gold project in Western Australia next year.
Gold Road bids $166 million for Apollo
Gold Road Resources hopes to grow its development pipeline with the Lake Rebecca gold project in Western Australia after offering $166 million to acquire Apollo Consolidated.
Rio Tinto pledges $US7.5bn to transform operations
Rio Tinto plans to halve its Scope 1 and 2 emissions by 2030 by using renewable power at its iron ore operations and aluminium smelters.
Newcrest progresses Juri JV with Greatland Gold
Newcrest Mining and Greatland Gold have moved their Juri joint venture (JV) in Western Australia to its second stage, with a ramp up of exploration activity scheduled for next year.