Mining

The mining industry is turning green, but ‘old’ sectors like gold and iron ore are still attracting keen support.

Future Institute of Australia has spoken to Business News about its work in delivering virtual training workshops to more than 100 employees at Centamin's goldmine in Egypt.

Shares in Perth-based Hot Chili have risen by more than 20 per cent after the copper explorer said it had secured funds to complete its purchase of an overseas project.

Listed resources companies have spent $669 million on exploration in the past three months, with Western Australian projects accounting for more than two thirds.

The state government has committed an extra $2.5 million a year to a scheme aimed at encouraging further investment in WA's mining sector.

BHP has contracted the telecommunications arm of ASX-listed Veris to upgrade in-room WiFi at a number of accommodation sites in the Pilbara.

Perth-based Resolute Mining has secured a new buyer for its Bibiani asset in Ghana, which has offered to pay $US90 million in cash.

Low-profile mining contractor Steve Coughlan is this year’s winner of the GJ Stokes Memorial Award, recognising his success in building Byrnecut into a global industry leader.

Fortescue Metals Group has commenced contact tracing of up to 2,000 workers at its Cloudbreak mine after a maintenance contractor tested positive for COVID.

Local companies Alderan Resources and Canyon Resources have secured funds to progress their copper and bauxite projects.

Roy Hill has outlined a profit share scheme and the recruitment of airline pilots and defence force workers as steps it is taking to deal with labour shortages.

Listed business GR Engineering Services has won a contract from Northern Star Resources in relation to the goldminer’s Thunderbox expansion project.

Electric vehicles will account for a quarter of all light-duty vehicle sales by 2030, underpinning strong growth in demand for nickel, BHP has predicted.

Changing market conditions pose a threat to China’s manufacturing sector.

Red 5 has reversed the operating strategy for its Darlot and King of the Hills mines in WA, while fellow goldminer Ramelius Resources also unveiled a new production plan.

Bill Beament has unveiled a new name and business model for Venturex Resources, which plans to combine mining and contracting in a similar manner to major shareholder Mineral Resources.

Poseidon Nickel has raised funds to progress the restart of its Black Swan mine and processing plant in WA as well as continue exploration activities.

Listed contractor NRW Holdings has secured new work through its Primero business, including on two iron ore projects in Western Australia.

Mineral Resources has taken a big step forward in its plans for a new iron ore hub in the Pilbara, with Red Hill Iron shareholders set to be big winners.

Zenith Minerals has secured funds from a share placement to ramp-up its gold and copper exploration activities in Western Australia and Queensland.

Mineral Resources has reported record iron ore shipments for the past year but fell short of its downgraded guidance because of labour shortages and port congestion.

TransAlta will build a $73 million solar and battery project in the Northern Goldfields to power BHP Nickel West, helping the miner cut carbon for battery products.

Venturex Resources' shares were up more than 10 per cent today after the copper-focused company announced a major drilling program in the Pilbara.

Fortescue Metals Group has enjoyed a huge surge in cash flow and another rise in its share price after beating its shipments guidance for the 2021 financial year.

Goldminer Red 5 has agreed to sell its assets in the Philippines for $US19 million, in a bid to further focus on developing its King of the Hills project in WA.

Rio Tinto will return $US9.1 billion in dividends after recording its most profitable six months on the back of surging iron ore prices.

New gold producer Capricorn Metals has acquired the historical Mt Gibson mine in Western Australia, in a move that doubles the company’s reserves.

Rio Tinto has committed to developing a project in Serbia that it expects will be the biggest lithium supplier in Europe for 15 years.

A multi-billion-dollar merger has brought a change at the top of Business News’ list of goldminers.

More than $230 million has been raised for gold projects through ASX listings in the past 12 months.

Favourable market conditions have led to a suite of new gold producers and projects.

The engineering and construction arm of ASX-listed WestStar Industrial has secured its biggest contract to date, for work on Fortescue Metals Group's Iron Bridge magnetite mine in the Pilbara.