BHP’s first port strike in 26 years rattles iron ore supply
Union action at Port Hedland raises fresh concerns over iron ore exports as wage negotiations remain deadlocked.
Australia, NZ & South Pacific
Genesis boss says Vault merger is perfect pairing to create 3rd-biggest Aus-listed gold miner
Genesis Minerals (ASX: GMD) says its proposed merger with Vault Minerals (ASX: VAU) is the “perfect pairing” to create Australia’s third-largest locally-listed gold producer with A$2 billion (US$1.4 billion) in…
India to invest in foreign uranium mines
India’s state-owned power producer NTPC is looking to help finance overseas uranium mines to fuel the country’s plan to massively expand nuclear power generation in the coming decades. The world’s…
Regis ends Vault chase, clearing way for Genesis deal
Australia’s Regis Resources (ASX: RRL) has abandoned its pursuit of Vault Minerals (ASX: VAU), clearing the way for Genesis Minerals’ (ASX: GMD) $3.9 billion (A$5.6-billion) takeover of the gold producer….
BHP strike threat fuels iron ore’s best week since May
Iron ore prices are headed for their biggest weekly gain since early May as a looming strike at BHP‘s (NYSE, LSE, ASX: BHP) Port Hedland export terminal raises supply concerns…
Deep-sea mining threatens 60% of vent species: IUCN
More than 60% of the rare mollusc species living around deep-sea hydrothermal vents face extinction from proposed seabed mining, prompting the International Union for Conservation of Nature (IUCN) to renew…
Rio Tinto hands Sovereign full control of Malawi graphite project
The move strengthens Kasiya’s position as a potential non-Chinese supplier of rutile, graphite and rare earth products.
Creating mining districts could unlock billions: study
Mining companies could unlock billions in additional value by treating nearby operations as integrated mining districts rather than standalone assets, according to a study by GEM Mining Consulting. The firm’s…
Genesis trumps Regis with $3.9B takeover bid, 14% premium for Vault
Vault Minerals said its directors unanimously determined the new offer to be better than the all-stock agreement with Regis reached in May.
B2Gold’s new CEO gets his Goose test
B2Gold (TSX: BTO; NYSE-A: BTG; NSX: B2G) has handed Mike Cinnamond a Far North test in his first weeks as CEO: finish the Goose mine ramp-up in Nunavut to restore…
Sponsored: Novo’s Belltopper resource starts small, aims bigger
Novo Resources Executive Co-Chairman Michael Spreadborough in conversation with The Northern Miner video host Devan Murugan. This sponsored video is PROMOTED CONTENT paid for by Novo Resources and produced in co-operation…
South32 sells aluminum businesses to Alcoa for $5.6B
Australia’s South32 (ASX: S32) has agreed to sell nearly its entire aluminum portfolio to Alcoa (NYSE: AA; ASX: AAI) in a deal valued at up to $5.6 billion (C$7.9 billion)….