Exploration News - Mining.com.au
WEBCritica makes magnetic rare earths discovery near Jupiter. Critica Limited (ASX:CRI) has uncovered high ratios of sought-after magnet... 17 September, 2024. Exploration.
Minerals Council lauds mining’s strength amid budget surplus
WEB1 day ago · The Minerals Council of Australia has lauded Australia’s second straight budget surplus as a result of the ongoing strength and reliance of the country’s resources sector.Treasurer Jim Chalmers last week announced the Australian Government recorded a $15.8 billion surplus in 2023-24 – the second consecutive financial year the federal budget has been in the black.
News Archives - Mining.com.au
WEB3 days ago · Mineral Resources offloads stake in Onslow haul road for $1.1 billion. Mineral Resources (ASX:MIN) has sold a 49% stake in its... 25 September, 2024. Commodities.
Gold on Horizon with Boorara mining underway - Mining.com.au
WEB3 days ago · Mining is expected to occur over 14 months and processing over 19 months at Norton Gold Fields’ Paddington plant. As a result, the company expects to generate $30 million in estimated free cash flow at a gold price of $3,600 per ounce. CEO Grant Haywood says Boorara is on track for first ore delivery this month, with gold pouring occurring in ...
Australia Archives - Mining.com.au
WEBSep 9, 2024 · Mining.com.au is published by Mayfair Media Operations Pty Ltd ABN 94 627 513 295. The information that we provide is general in nature and is not financial advice.
Rise and fall: Iron ore’s rocky ride continues - Mining.com.au
WEB5 days ago · Iron ore’s rocky rollercoaster ride is set to continue in the near-term despite prices rising last week with overall September 2024 quarter spot prices falling to two-year lows on the back of weakness in global steel demand and declining steel production in China. The Department of Industry, Science and Resources’ (DISR) latest issue of its ...
Pivotal Metals: ‘Evidence mineralisation continues even further’
WEB4 days ago · Pivotal Metals (ASX:PVT) Managing Director Ivan Fairhall discusses with Shae Russell what the company uncovered during its 34 drillhole program covering 7,000m. With drilling now complete, Fairhall outlines the next steps ahead. “We’ve got evidence there that the mineralisation continues even further and it’s a matter of doing further ...
Ebbs and flows: Australia’s mining outlook - Mining.com.au
WEBDec 22, 2023 · Resource and energy exports are forecast to be $408 billion in 2023–24, down from a record $466 billion in 2022–23. “Weak demand and improved global commodity supply imply a fall in prices, more than offsetting the impact of a forecast small rise in export volumes. Export values are forecast to fall by 15% to …
Lithium spotlight: Australia sizing up project pipeline
WEBAt the same time, Australia also saw record lithium exports of $20 billion in 2022 to 2023, a 4x increase from the $5 billion observed in 2021 to 2022. These achievements have been recorded following a ‘transformative’ journey over the past 5 years, which has seen new mines begin production and the midstream capacity grow.
Australian critical mineral projects in global spotlight
WEBThe federal government is also incentivising investment in critical mineral projects through several programs, including the $4 billion Critical Minerals Facility and the recently announced $7 billion Critical Minerals Production Tax Incentive. Australia has an immense amount of critical minerals needed to build essential components for things ...