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Companies

Mining

Today

Chalice Mining stitches up $100m equity deal

Exploration tearaway Chalice Mining is offering shares at an 11 per cent discount to the last close.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

Yesterday

Mine emitted lead but no epidemic broke out, court hears

A trial about whether lead emissions from a mine, now owned by Glencore, was responsible for a baby’s brain damage, is under way.

  • Liam Walsh

This Month

Chalice wins permission to drill in WA state forest

One of Australia’s most anticipated critical minerals targets will finally be drilled, after the WA government gave Chalice permission to work in a state forest.

  • Peter Ker

Forrest in charge until Fortescue reaches green goal

Billionaire Andrew Forrest says his mining company needs him to be “executive chairman” until it has delivered on its dream of becoming a clean energy giant.

  • Peter Ker and Hans van Leeuwen

Executive chairman Forrest? He always was

Corporate governance boffins may fume at Andrew Forrest assuming even more power at Fortescue. But it’s a more honest reflection of the way the company is run.

  • Updated
  • Peter Ker
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Why electric vehicle prices are rising

After declining since at least 2013, the price of battery packs used in EVs are set to rise, spurring manufacturers to pass on the pain to automakers.

  • Michael Bennet

Ukraine war spurs BHP to crunch the gears on Jansen potash project

Sanctions on Russia and Belarus, which account for 40 per cent of the resource’s global output, have widened the opportunity for the miner’s biggest plant.

  • Hans van Leeuwen

Miners bring in Amazon for decarbonisation data sharing platform

A consortium of mining companies, including Newcrest and South32, is working with Amazon to build a data sharing platform capturing decarbonisation actions.

  • Michael Bennet

IGO’s ‘unfair but reasonable’ nickel bid approved by proxies

IGO’s $1.26 billion offer for nickel miner Western Areas might be frugal, but one proxy advisor has told clients they should accept it at a meeting on June 1.

  • Peter Ker

Battered Chrysos in partial rebound on $109m in contracts

The gold mining testing disrupter had a partial ASX recovery with five new contracts for its big machines, after a torrid debut on May 6.

  • Updated
  • Simon Evans

Is Jupiter Mines the one flower yet to bloom in this mining boom?

One small corner of the commodities’ galaxy has remained strangely unaided by the extraordinary set of circumstances that have lifted most mining companies to record profits over the past year.

  • Peter Ker

SolGold’s new broom finds historic funds ‘misappropriation’

Millions of dollars were allegedly misappropriated over the past five years within the ranks of BHP and Newcrest’s Ecuadorian copper punt.

  • Updated
  • Peter Ker

Iron ore slide shows China’s COVID conundrum

Iron ore quietly slid to four month lows last week as China’s COVID-zero policy bites. Stimulating steel demand in a locked-down economy isn’t proving easy. 

  • James Thomson

Northern Star’s Stuart Tonkin seeks to build a new gold dream

Nursing a sharply lower share price since its biggest M&A deal, Northern Star Resources still divides the market as its MD tries to reclaim prior golden highs.

  • Michael Bennet

AVZ’s salutary lesson for lithium boom

Unlocking the value sitting in the world’s biggest lithium resource in the Democratic Republic of the Congo is proving problematic for AVZ Minerals.

  • Tony Boyd
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WA peak mining body appoints CEO with no industry experience

WA’s peak resources lobby group has appointed Rebecca Tomkinson its next CEO, again shunning direct prior mining industry experience.

  • Updated
  • Michael Bennet

Daughter became homebound, mum tells court in Glencore trial

An 11-year civil case about alleged lead poisoning has heard testimony from Sharnelle Seeto about how life changed after alleged lead poisoning in Mt Isa.

  • Liam Walsh

Mining industry titan Ron Sayers dies

Ausdrill founder and mining services industry titan Ron Sayers has died aged 70, sparking a wave of tributes from across the sector. 

  • Michael Bennet

Lithium frenzy can’t last: BHP says it’s staying out

As prices of lithium soar, the world’s biggest mining company says the boom will be short-lived at best.

  • James Attwood

Gold testing disrupter Chrysos crashes in ASX debut

The chairman had a sense of foreboding after Wall Street dived overnight, but says Chrysos has its sights on a long-term scoreboard.

  • Simon Evans