New Hope Group chief executive officer Reinhold Schmidt has credited rising Newcastle 6000 Index coal prices for pushing the company into a stronger financial position.
Iron ore slips below $US100/tonne
The price of iron ore futures has dropped below US$100 ($137.60) a tonne on the Singapore Exchange as shipments from Port Hedland in Western Australia also continue to decline.
Panoramic prepares Savannah for first shipment
Panoramic Resources has stockpiled more than half of the ore needed at the Savannah nickel operations in Western Australia for a November production restart.
OceanaGold resumes gold shipments from Didipio
OceanaGold’s restart of the Didipio mine in the Philippines is running ahead of schedule with $25 million of copper-gold concentrate transported to port.
Iron ore decline hits Port Hedland
Port Hedland’s exports have dropped to six-month lows in August amid weakening iron ore prices and simmering demand from China.
Fortescue sets sail with highest-ever earnings
Fortescue has delivered its highest iron ore shipments in history at 182.2 million tonnes for the 2020-21 financial year, driving up earnings into record territory.
Australia becomes world’s top gold producer
Australia has surpassed China as the largest gold producer for the first half of the year due to higher output from the country’s major miners, according to Surbiton Associates.
Surging lithium market strengthens Pilbara Minerals sales
Pilbara Minerals managing director Ken Brinsden believes global lithium demand is in full swing after the company reported higher sales of its product from the Pilgangoora operations in Western Australia.
Northern Star post-merger earnings drive higher dividend
Northern Star Resources has secured a record $648 million in earnings following its merger with Saracen Mineral Holdings, paving the way for further growth across its operations.
Kwinana refinery JV hits lithium hydroxide milestone
Joint venture (JV) partners Tianqi Lithium Corporation and IGO have produced first lithium hydroxide at the Kwinana refinery in Western Australia.