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Large machinery piles up and unloads iron ore at the Xinsu Port Terminal in Lianyungang, Jiangsu Province, China. Iron ore pricing negotiations with China were always tough, and got even tougher in 2022 with the establishment of a centralised procurement enterprise China Mineral Resources Group.

MiningPremium‘Too fraught’ for govt intervention in China iron ore stoush

A Chinese State-owned iron ore buying desk is picking off Australian producers ‘one by one’ in price talks but Federal Government intervention would be a legal and political minefield, an expert says.

Rebecca Le May

Iron ore in Port Hedland

MiningCommentsPremiumPilbara port strike could cost us $120m a day: BHP

BHP has not ruled out allowing an industrial dispute to shut down Australia’s most lucrative iron ore export hub in the Pilbara, warning such a move could cost it more than $120 million a day.

Rebecca Le May

Eight of the 11 sectors rose despite Friday’s overall market fall. Photo: NewsWire/ Gaye Gerard

MARKET WRAPPremiumAussie sharemarket slumps on banks, miners

The ASX 200 has dropped 61 points as slumping iron ore prices and a plunge in Asian tech stocks hammered miners and banks, despite most sectors finishing higher.

Cameron Micallef

Former BHP chair Ken MacKenzie, outgoing Wesfarmers chair Michael Chaney and CEO Rob Scott.

opinion
opinion
Sean SmithCommentsPremium
opinion
Would Wesfarmers’ new chair break a sacred CEO tradition?

Being just the second chair who hasn’t worked at Wesfarmers makes the appointment of Ken MacKenzie rare enough to question whether he will stick to the succession script when it comes to the next CEO.

Sean Smith

Premier Roger Cook and PLS CEO Dale Henderson at the PLS mid stream processing plant opening in Pilgangoora Justin Benson-Cooper

LithiumPremiumPLS says rivals welcome to share new Pilbara lithium plant

The likes of Mineral Resources and Liontown could partner with their WA lithium rival on processing technology if all goes to plan.

Adrian Rauso

Artists impression of Perth Park.

ContractingCommentsPremiumCivmec order book hits $1.5b after WA contract wins

The WA contractor’s recent wins include contracts with BHP, Fortescue and Iluka Resources among others.

Ryan Johnson

Resolute chief executive Chris Eger said the miner was focused on stabilising operations and restoring consistent performance.

MiningCommentsPremiumGold miner sold off after Mali turmoil dents production

Resolute Mining has been sold off by investors after the impacts of a jihadist insurgency against Mali’s ruling military junta hampered output at its flagship Syama project.

Rebecca Le May

Large machinery piles up and unloads iron ore at the Xinsu Port Terminal in Lianyungang, Jiangsu Province, China.

MiningCommentsPremiumIron ore giants call on Canberra to combat China buyer pain

WA’s iron ore giants have begun lobbying Canberra as they seek intervention to help fend off an increasingly bullish Chinese procurer of the powerhouse commodity that is the backbone of the Australian economy.

Daniel Newell

Departing Lynas Rare Earths CEO Amanda Lacaze.

MiningCommentsPremiumLynas taps interim chief to replace Lacaze

Lynas Rare Earths chief operating officer Pol Le Roux will take the reins from Amanda Lacaze, at least temporarily, while the mining major’s board decides on a permanent boss.

Adrian Rauso

Professor Sharon Parker of Curtin University’s Future of Work Institute at the summit on Thursday.

MiningPremiumFresh data on ‘respect culture’ push after FIFO probe

Mining companies are making all the right noises after shocking cases of sexual harassment prompted a parliamentary inquiry - but whether the culture change push is flowing to workers is still unclear.

Rebecca Le May

Major investment announced by BHP in education, recreation, and housing in Port Hedland. Hedland Senior High School. Geraldine Slattery, Roger Cook and Tim Day Stuart Quinn

MiningCommentsPremiumBHP commits record $160m to Port Hedland projects

BHP’s biggest community investment in WA will fund new school facilities, housing and an aquatic centre in Port Hedland.

Ryan Johnson

The Simandou mining project start production almost 30 years after explorations began in the Simandou mountain range. (Photo by PATRICK MEINHARDT / AFP)

MiningPremiumWA iron ore miners tumble on Pilbara killer’s success

The big four ASX-listed iron ore stocks collectively lost $16 billion on Thursday after the ‘Pilbara killer’ mine in Africa beat expectations.

Adrian Rauso

Not Supplied

NewsPremium‘Absurd’: Passport fees to rival gas export tax take

Senator David Pocock has lashed the government again over its gas tax, claiming Australians will pay almost as much for new passports.

Nathan Schmidt

Rising global iron ore shipments are colliding with summer off-season steel demand.

MiningCommentsPremiumIron ore hits two-month low on rising supply, demand fears

Iron ore fell to a two-month low on Thursday, extending this week’s losses as rising supply and soft seasonal steel demand weighed on sentiment.

Katharine Gemmell

Simandou has been touted as a game-changer for the iron ore industry with 120mt a year expected to be shipped once the project is at full capacity. 

MiningCommentsPremiumIron giants start to feel the heat of ‘Pilbara killer’

Surging exports from the giant ‘Pilbara killer’ iron ore mine in Guinea have spooked investors in WA’s powerhouse producers of the steel-making ingredient.

Daniel Newell and Katharine Gemmell

Saturn Metals managing director Ian Bamborough at the Apollo Hill gold project south-east of Leonora.

Growing resourcePremiumApollo Hill MRE increases by 26 per cent to 2.83Moz

Saturn Metals has improved the confidence of its Apollo Hill gold project south-east of Leonora, with 77 per cent of the increased mineral resource estimate now in the measured and indicated categories.

Neil Watkinson

The Whirling Dervish open pit at Northern Star’s Carosue Dam operation.

MiningPremiumSpeculation grows over potential new owner for Northern Star

A Chinese gold powerhouse could be a dark horse to bolt away with a Northern Star Resources mine, or even the entire company, after an activist hedge fund set the scene for a takeover tussle.

Adrian Rauso

Tyre recycling companies want to to secure more of the huge tyres doing the heavy work in WA’s mining sector.

MiningCommentsPremiumNew recycler chases ban on tyre landfills in Pilbara

Leigh Cometti’s $50 million CTS Tyre Recycling facility in northern Perth wants mine operators banned from burying the huge off-the-road tyres used on haulage trucks.

Sean Smith

Alcoa's bauxite mining operations in the Serpentine-Jarrahdale area.

MiningCommentsPremiumAlcoa faces stricter rules after illegal clearing in SW

Rules governing how Alcoa can operate at its Darling Range bauxite mines will be changed, months after the US aluminium giant copped a record fine for clearing land.

Oliver Lane

Drilling as part of the Goongarrie Hub metallurgical testwork program by Ardea Resources.

updated
updated
MiningCommentsPremium
updated
Ardea shares collapse on Goldfields nickel study delay

Shares in Ardea Resources have collapsed after it pushed back the release of a report into the future prospects of its ambitious nickel-cobalt joint venture in the Goldfields.

Daniel Newell

Fortescue chair Andrew Forrest

Iron orePremiumChina’s major buyer has new Fortescue iron ore in its sights

China’s state-backed iron ore buyer has instructed some steel mills to ask questions about Fortescue’s new low-grade product as negotiations over a long-term supply contract hit a rough patch.

Katherine Gemmell and Alfred Cang

Northern Star is expanding its KCGM processing mill at the Super Pit.

updated
updated
MiningCommentsPremium
updated
Broker’s sharp rebuke for under pressure Northern Star board

A prominent gold mining stockbroker says Northern Star Resources’ board has ‘failed miserably’, after a global activist fund kicked off a campaign for the Super Pit owner to be sold.

Adrian Rauso

Incoming Covalent CEO Stuart Macnaughton.

MiningCommentsPremiumFormer Arafura Rare Earths executive tapped for Covalent CEO

Stuart Macnaughton will join the lithium joint venture next month and take its helm when Wesfarmers veteran Ross Martelli retires at the end of the year.

Sean Smith

An Australian company has unveiled a first-of-its-kind direct EV-to-EV charger. NewsWire / Naomi Jellicoe

BUSINESSAussie company’s major EV tech leap

An Australian company says it has made a world-first breakthrough in EV tech that could be used to rescue stranded drivers.

Blair Jackson