St George has announced a major expansion of exploration for its four WA based projects. Work at Mt Alexander will test new nickel-copper-PGE targets and extensions to existing high-grade shallow deposits. The hunt for Winu style deposits at its Paterson project is planned to start in May. Whilst at the company's Ajana and Broadview projects exploration will target Nova/Bollinger and Julimar style mafic intrusion hosted nickel-copper-PGE targets.
Shares in gold explorer DiscovEx Resources vaulted more than 28 per cent on intraday trading following an announcement it had executed two binding-option agreements with Rio Tinto that allow the mining behemoth to acquire 100 per cent of the iron ore rights for four tenements within the Sylvania project, 15km southwest of Newman in Western Australia.
K2fly has tabled some healthy numbers from the March quarter with record invoices of $3.3m, maintaining its all-time high total contract values of $16.6m and cracking the $5m mark in annual recurring revenue for the first time. The company operates in the global resources space under a ‘Software as a Service' business model – meaning it delivers its software on a subscription basis.
ASX-listed Middle Island Resources has completed a ground-based induced polarity survey at its Barkly copper-gold project in the Northern Territory's East Tennant Creek region. The company says the survey is expected to provide a three-dimensional outline of the prospect's anomaly and assist in target definition with a drill program expected to kick off next month.
“Challenging as expected,” is how Rio Tinto chief executive Jakob Stausholm chose to describe production during the mining giant's first three months of 2022.
After successfully shaking the tin for $6.2m, K2fly now has the largest privately owned mining software provider in the world on its register. Australian based Maptek has emerged from K2fly's latest capital raise with a 13.2 per cent holding in the ASX-listed mining software player. The deal also includes Maptek Chairman Peter Johnson taking a seat on the K2fly board as a non-executive director.
Asbestos contamination at the site of rail works was downplayed by Rio Tinto subsidiary Hamersley Iron, two rail contractors have alleged in a lawsuit.
Clough and Acciona's Coleman Rail have launched a $150 million lawsuit against Rio Tinto subsidiary Hamersley Iron for rail works, over allegations the mining giant engaged in “misleading and deceptive conduct”.
New data from Rio Tinto has highlighted the WA government's reliance on a handful of big miners, with Rio alone paying 10 per cent of the government's total income last year.
The state government has been criticised for continuing to approve a large number of section 18 applications under the Aboriginal Heritage Act – the same mechanism that led to the Juukan Gorge controversy.
American West Metals continues to put runs on the board after it stumped up a whopping 157-metre intercept of visual zinc and copper massive sulphide mineralisation from its fourth diamond drill hole at its West Desert project in Utah. The company says the rods are still spinning in its quest to expose the full extent of the underexplored resource.
Approval from the Foreign Investment Review Board means Rio can finalise its $825 million Rincon project buy, while Crown moves ahead with a proposed $8.9 billion Blackstone deal.
West Australian iron ore player CZR Resources has received more assays that seemingly support its strategy to grow mine life and production rates at its Robe Mesa iron ore project in the west Pilbara. The company says the project is poised for significant growth as the latest assays continue to reveal extensive direct shipping ore mineralisation from the surface and outside the resource area.
Rio Tinto will release documents to MinRes after being dragged into the Chris Ellison-led company's row with Destec over confidential information claims.
Pilbara Iron and Hamersley Iron have been fined a total $90,000 after a worker suffered a fractured wrist, forearm and serious tissue injuries while working at a Dampier port facility in 2017.
Revised costs to rehabilitate the Ranger uranium mine in the Northern Territory's Kakadu National Park could set Rio Tinto back at least $627 million more than first anticipated.
Julian Grill has hailed Andrew Forrest as a nation builder in his new book, which provides an account of his contentious lobbying activities on behalf of Fortescue Metals Group in the 2000s.
A report commissioned by Rio Tinto has found widespread bullying, sexual harassment and racism across its global workforce, with the miner pledging to make lasting change.
After two years of negotiations, Rio Tinto and the Mongolian government have concluded a $3.3 billion debt waiver deal to allow the miner to establish one of the world's largest copper mines.
Serbia has revoked Rio Tinto's lithium exploration licences, bowing to protesters who opposed the planned $3.3 billion Jadar development on environmental grounds.
Rio Tinto continues to be beset by multiple challenges, with its Pilbara iron ore operations just meeting annual shipment guidance and now facing a series of commissioning delays.
Rio Tinto has joined fellow Pilbara miners Fortescue Metals Group and Roy Hill Holdings in acquiring battery-electric locomotives as part of plans to curb carbon emissions.
Rio Tinto has signed a deal to buy the Rincon lithium project in Argentina for $US825 million ($A1.2 billion) as majors eye a supply crunch later this decade.
Our board moves wrap includes Jessamyn Lyons, Paul Price, Michael Choi, Michael Barrett, Bill Hayden, Dominic Barton, Simon Thompson, and Vanessa Kickett.
Canadian Ambassador to China and McKinsey & Company mainstay Dominic Barton will take over as chair of Rio Tinto from May 2022, as the company navigates a post-Juukan Gorge era.
Mining giant Rio Tinto paid more than $1 billion in royalties to four Perth families last year as a result of deals struck by their forebears in the 1960s.
Andrew Forrest may have high hopes for green hydrogen, but plans revealed by Fortescue today to develop the Belinga project in West Africa indicate iron ore pursuits show no sign of slowing.
A dozen WA-linked businesses paid more than a fifth of Australia's corporate tax take between them in the 2020 financial year, with Rio Tinto the nation's top contributor.
Iron ore miners Rio Tinto and Fortescue Metals Group have announced new measures to reduce their environmental impact, including ‘greener' locomotives.
