Space miners may face an Earth-sized tax problem
Miners may one day extract fortunes from the Moon and asteroids, but governments will have to figure out how to take their cut without killing the industry before it gets…
Australia, NZ & South Pacific
Hancock disputes report of rare-earths paper loss
Australia’s Hancock Prospecting is disputing a report by the Australian Financial Review that falling shares of MP Materials (NYSE: MP) and Lynas Rare Earths (ASX: LYC) have cut the value…
Glencore’s Hunter Valley coal mine cleared to 2045
While Australia invests in renewable energy, the commission found the social and economic benefits outrank climate concerns.
Video: Mining’s next generation faces the test
Mining’s younger leaders are setting out to build companies that can survive the next downturn as veteran executives prepare to hand over control. Last week at the Precious Metals Summit…
Northern Star rejects undervalued A$38.7B Gold Fields bid
Northern Star Resources (ASX: NST) has rejected an unsolicited A$38.7-billion ($27.2-billion) takeover proposal from Gold Fields (JSE, NYSE: GFI), saying the bid materially undervalues the embattled Australian gold producer and…
OceanaGold’s 97-gram hit backs Waihi expansion
OceanaGold (TSX, NYSE: OGC) is studying a 50% expansion of its Waihi processing plant in New Zealand after drilling some of Wharekirauponga’s richest holes yet, including 6.3 metres grading 97.2…
Rio Tinto to expand metals trading beyond own output
Rio Tinto (ASX, NYSE, LSE: RIO) plans to expand its metals trading business into third-party material and derivatives as chief executive Simon Trott seeks to squeeze more value from the…
Glencore sets Oct. 14 for Australian market debut
Glencore (LSE: GLEN) expects to begin trading on the Australian Securities Exchange (ASX) on Oct. 14, tapping the country’s A$4.4-trillion (US$3.1-trillion) pension market to support its copper expansion and potential…
Global Lithium soars 50% on A$333M Titan takeover
Global Lithium Resources (ASX: GL1) shares soared nearly 50% on Tuesday after the Australian developer agreed to a A$333-million ($237-million) cash takeover by UAE-headquartered Titan Australia Mining. The stock jumped…
Mali setbacks force Resolute to cut Syama outlook
Resolute Mining (ASX, LSE: RSG) has cut 2026 production guidance for its Syama gold mine in Mali by about a quarter as supply disruptions and mining constraints restrict access to…
Artemis to buy Vista for $427M in Australia push
Artemis Gold (TSXV: ARTG) agreed to buy Vista Gold (TSX, NYSE-A: VGZ) in a $427 million (C$598 million) all-share deal that will add another major development asset beyond British Columbia’s Blackwater…
Australia gold output holds near decade average
Australian gold output held around the same level it has averaged over the past decade in the year ended June, even as seismic disruptions at Newmont (NYSE, ASX: NEM; TSX:…