Swire Shipping has become the fifth shipping line to commence a direct service into the Pilbara, adding to a trend that will substantially reduce road haulage.
Hot on the heels of this week's earlier announcement that Glencore has agreed to pump A$14.4m into Hot Chili in return for a 9.99 per cent equity stake, Hot Chili has surprised the market with further news that it plans to raise $40 million to move to full ownership of its massive Cortadera copper-gold deposit. Hot Chili stock soared immediately by almost 20 per cent on the news.
ASX-listed mining technology company K2fly has laid out plans for an executive changing of the guard with Chief Commercial Officer and veteran industry leader Nic Pollock to take the helm as Chief Executive Officer from the start of September this year. Current CEO Brian Miller says he remains committed to the company and will continue as an Executive Director.
BHP chief executive Mike Henry has declared the mining giant is in great shape after a strong quarterly report showed good results on production and costs.
Mining giant Rio Tinto has been hit by a range of major operational challenges caused by skilled labour shortages, Aboriginal heritage management, and heavy rain.
Lucrative top-tier mining assets have mostly gone in Australia, so workers need to be flexible to help make new investment possible, mining giants have warned.
Our weekly appointments wrap includes Trent Bartlett, Susan Male, Isabelle Deschamps, Craig Amos, Ella Dachs, Rachael Whitworth, Mark Hyde, Jennifer Tropiano, Mandee de Reus, Mary Roseingrave, Ching Yee Tan and Colin Judd.
St George Mining is off to a flying start in its copper-gold search in the “world-class” Paterson region of Western Australia with multiple holes from its maiden drilling campaign at its Paterson prospect hitting prospective basement rocks. Initial XRF analysis has returned elevated levels of pathfinder elements suggesting potential for base metal and gold mineralisation across 35km of target stratigraphy at the company's tenure.
Valor Resources has bumped up its uranium exploration acreage in the mighty Athabasca Basin region in central Canada to 986 square kilometres by acquiring five new projects, including one along strike from Rio Tinto's Janice Lake property. The Athabasca Basin has historically produced about 20 per cent of global primary uranium supply and hosts the world's highest-grade uranium mine at Cigar Lake.
Rio Tinto has been criticised for allowing Aboriginal heritage artefacts collected at its giant Marandoo mine to be dumped at a Darwin rubbish tip in the 1990s.
Top officials from the mining industry have come together to affirm their support for clamping down on sexual assault in the workplace as allegations of misconduct roil the sector.
Two reports this week have highlighted concerns that commodity prices have peaked, with UBS saying iron ore is approaching an inflection point and set to fall sharply.
Engineering and construction company Monadelphous has won a number of new contracts including work on major iron ore projects Gudai-Darri and Iron Bridge.
Our board moves wrap includes Michael Tomasz, Hugh Callaghan, Jamie Myers, Alison Laws, Mitchell Wells, Ben Wyatt, Ian Tan-Kang, Darren Holden, and Ian Murray.
Ben Wyatt has quickly become one of Western Australia's busiest and most senior board directors, with global mining giant Rio Tinto appointing him as a non-executive director.
Perth-based power and telecommunications company GenusPlus Group has made its first acquisition since listing on the ASX, as well as secured a $60 million contract with Rio Tinto.
Fifty Perth-based companies and organisations - including education institutions, numerous local startups and not for profits and mining giants have been announced as finalists for the INCITE Award
Iron ore majors BHP, Rio Tinto and Vale have launched a global competition for tech innovators, aimed at developing new concepts to electrify the mining industry's substantial haul truck fleet.
A majority of Rio Tinto shareholders have voted against adoption of the company's remuneration report while a large minority opposed the re-election of director Megan Clark.