Miners see red as ASX lets go of record run - Mining.com.au
WEB1 day ago · The bottom performing stocks in this index were lithium miner Liontown Resources (ASX:LTR) and mining contractor NRW Holdings (ASX:NWH), with declines of 3.90% and 3.58%, respectively. Champion Iron (ASX:CIA) was also in the bottom five with a 3.50% slide.. Arcadium Lithium (ASX:LTM) managed to buck the downward pull of the sector to end the week up 2.70%.
Gold on Horizon with Boorara mining underway - Mining.com.au
WEB2 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 ...
News Archives - Mining.com.au
WEB2 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.
Rise and fall: Iron ore’s rocky ride continues - Mining.com.au
WEB4 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 ...
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 …
Gold News - Mining.com.au
WEB3 days ago · 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.
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.
Mid-tier miners a focal point as top 50 continue to punch above …
WEBThe market value of critical minerals companies ballooned by $20 billion (or 29%) to $90 billion at the end of 2022, a new PwC report shows. Three of Australia’s mid-tier 50 mining companies (MT50) focused on lithium finished the year with more than $10 billion in market capitalisation. Interestingly, the values of coal miners increased ...
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.
Untapped: Australia ‘underexplored’ despite rich endowment
WEBUntapped: Australia ‘underexplored’ despite rich endowment. In 2022, Australia spent more than $4 billion on mineral exploration, which is a 13% increase from 2021. Critically, in decade to 2021 Australia accounted for 18% of all discoveries and since 2015 the country generated the greatest return on investment in the world achieving better ...