The briefing on mining

The latest news, trends and data from the mining industry

NEWS IN NUMBERS

3%

Gold had its biggest weekly loss in two years for the week starting 04/11 as China and the US approached a trade agreement

870Mt

Australian iron ore exports are expected to reach new heights as majors expand their capacity

A$41m

Decmil Group has received work contracts for Adani Mining’s Carmichael coal and rail project worth A$41m

19.9%

TerraCom intends to purchase approximately 19.9% of the issued capital of Universal from Coal Development Holding

The latest from Twitter

https://twitter.com/ozmining/status/1192232457359130624
https://twitter.com/RDNS_TAI/status/1192018607548428289
https://twitter.com/JrMiningNews/status/1192727218579017728
https://twitter.com/GOLDCOUNCIL/status/1191688868237651980

Further reading: BHP shareholders unlikely to break ties with coal lobby groups

BHP shareholders have voted against a plan to cut ties with organisations that do not support the Paris Agreement. Only 27% were in support of the motion and only 15% backed a further motion to amend the company's constitution to allow the proposal of changes at future AGMs. 

Source: Australian Mining

PROJECT NEWS

Magnetite Mines completes “positive” study of Razorback iron project

Australian iron ore mining company Magnetite Mines has completed a scoping study into the Razorback iron project in South Australia, confirming the company’s view that the project could be economical. The Razorback project is a magnetite iron ore project 100% owned by Magnetite Mines, located northeast of Adelaide, near the regional town of Yunta.

Lynas and MARA sign MoU to work on new projects in Malaysia

Rare-earths mining company Lynas has signed a memorandum of understanding (MoU) with Malaysian Government agency MARA to collaborate on new projects. The collaboration is aimed at attracting downstream industries and customers to Malaysia.

Newcrest approves first-stage expansion of Cadia project

The board of Australia-based Newcrest Mining has approved an A$685m ($463.8m) investment for Stage 1 of the Cadia expansion project in New South Wales. The planned two-stage expansion project has a total capital cost of $865m and an expected real net present value (NPV) of $1.17bn.

BHP sets final investment decision on Jansen potash project for 2021

Anglo-Australian mining multinational BHP has announced that it will make a final investment decision (FID) on the Jansen potash project in Canada in 2021. The Jansen project is a proposed underground potash development project located in Saskatchewan, within the Prairie Evaporite formation at depths of 900m- 1,000m.

New report: gold and climate change

The World Gold Council has launched a report titled ‘Gold and Climate Change: Current and future impacts’ aiming to provide clarity to investors and industry stakeholders on gold’s emission profile.


This graphic rom the report shows potential emissions reduction and transition pathways for gold:

Share this article

Go to article: Home | Tipping the scalesGo to article: In this issueGo to article: VEGA Australia Company InsightGo to article: VEGA AustraliaGo to article: ContentsGo to article: NewsGo to article: Aspect EnvironmentalGo to article: Thermo Fisher ScientificGo to article: The briefing on miningGo to article: “Punching above their weight”: the power of mining lobbyists in QueenslandGo to article: Total OilGo to article: Pro3 SafetyGo to article: Mapping South Australia’s big mines and new projectsGo to article: Teknik Go to article: GreenbaseGo to article: Gold mining in Australia: 50 years of growthGo to article: Teck GlobalGo to article: Dama Manufacturing Go to article: Eye in the sky: how satellite positioning could help Australian minesGo to article: Donly AustraliaGo to article: Spray Nozzle EngineeringGo to article: Inside the University of Adelaide’s A$12.5m mining research centreGo to article: Horizon Global Go to article: MinovaGo to article: Endress+HauserGo to article: Greening minerals transport for the climate emergency Go to article: CircuitlinkGo to article: Bost GroupGo to article: Deals in brief powered by GlobalDataGo to article: SyrinxGo to article: Decipher Go to article: The key list powered by GlobalDataGo to article: Zokal Safety Training Company InsightGo to article: Zokal Safety TrainingGo to article: EventsGo to article: Blue Iron CoveGo to article: Torque Enterprises Go to article: In the next issueGo to article: FowlerexGo to article: Annexus WAGo to article: CoregasGo to article: Applied MeasurementGo to article: Custom Mining ProductsGo to article: GeoboxGo to article: AusProof Company InsightGo to article: AusProof Coupler SystemsGo to article: Steuler KCH Australia Company InsightGo to article: Steuler KCH Australia Go to article: DDH1Go to article: Dust ManagementGo to article: Andromeda IndustriesGo to article: Lewis Australia Company InsightGo to article: Lewis AustraliaGo to article: RainstormGo to article: Australian Safety and Rescue GroupGo to article: NCH AustraliaGo to article: Midwest Valves Company InsightGo to article: Midwest Valves