Mining

‘Not fraud’Hope Downs’ return to Hancock right move, court told

Hancock Prospecting’s lawyers said Lang Hancock had breached his fiduciary duty by moving the Hope Downs tenements away from the family flagship company.

Neale Prior

‘Conflict of interest’McGowan knew of environment minister’s mining ties

WA’s new Environment Minister has ‘recused herself’ from decision making regarding two major mining projects because of a potential conflict of interest involving her step-father.

Peter Law

Canada focusUranium explorer 92 Energy soars on debut

The listing marks the first by a uranium explorer on the Australian Securities Exchange in more than a decade.

Daniel Newell

Driverless dreamNewmont starts full auto haul journey at Boddington

Newmont has reached a milestone in its ambitious plan to automate gold mining operations at Boddington, with first production delivered from its new fleet of Caterpillar driverless trucks.

Daniel Newell

AGMIncentivised Santos boss pulls no punches on ‘intervention’

Rejuvenated by a $6m incentive to remain with Santos until 2025, boss Kevin Gallagher has come out swinging against federal government ‘intervention’ challenging future energy supply in Australia.

Valerina Changarathil

New gig for ex-MPRinehart hires Nalder as media guru

Iron ore mogul Gina Rinehart has hired former senior State Liberal politician Dean Nalder to run media and public relations for her $30 billion empire.

Tier oneGalaxy still open to partnering on Sal de Vida

However lithium miner says it has the means to develop stage one of the brine project in Argentina on its own.

Stuart McKinnon

Price alertIron ore futures slip on supply warning

Goldman Sachs expects the market to enter a surplus in the second half of the year on higher Brazilian exports.

Annie Lee

Supreme battlegroundCourt urged to push back kids’ claims against Rinehart

Hancock Prospecting claims it could take years to prepare the Wright Prospecting and DFD Rhodes actions for trial if the court simultaneously deals with John Hancock and Bianca Rinehart’s claims.

Neale Prior

On the huntIceni Gold glistens on trading debut

Explorer joins the ASX after a heavily oversubscribed $20m initial public offering and is now planning an aggressive drilling program at its 14 Mile Well project.

Stuart McKinnon

Disruption metalBillionaire wants copper ‘heroes’ to electrify economy

Copper is so crucial in electrifying the global economy that finding enough of it has become a national security issue, according to mining magnate Robert Friedland.

James Attwood

Twin conflictsSoaring prices, carbon cuts put squeeze on China steel

China’s vast steel sector is the scene of a conflict between growth and a green agenda that points to wider challenges as President Xi Jinping tries to clean up the world’s top carbon emitter.

Project conditionsTwist in return of Resolute Ghana mining licence

The gold producer has been ordered to submit a report to the West African country’s government within seven days on the mine’s state of affairs and detailed redevelopment plans.

Stuart McKinnon

Still climbingChina shows no sign of lagging steel demand

Iron ore futures in China extended an advance as imports surged to a five-month high, signalling robust demand as the world’s second-biggest economy grapples with rising commodity prices.

Annie Lee

Finance coupDebt funding gives Walkabout Jumbo boost in Africa

Shares in Walkabout Resources have surged after the company secured $US20 million ($26.3m) in debt funding for its Lindi Jumbo graphite mine in Tanzania.

Stuart McKinnon

Long haulMcFadzean moves on as Sheffield shuffles decks

After ushering in a deal to get the Thunderbird mineral sands project off the ground, CEO Bruce McFadzean will give up the role to take a seat on the board.

Stuart McKinnon

Top dollarAnalysts query sale price for Tropicana stake

Resources analysts believe Regis Resources have paid full value for IGO’s 30 per cent stake in the Tropicana gold mine with its $903m offer.

Stuart McKinnon

Mining$24m to fix Orbost gas plant

APA Group and Cooper Energy will inject $24m into the troubled Orbost gas plant, which continues to limit production from the Sole gas project in the Gippsland Basin.

Giuseppe Tauriello

Deal closeRegis in box seat for IGO’s Tropicana stake

Regis Resources is understood to have won an auction process for IGO’s 30 per cent stake in the gold mine, but AngloGold Ashanti still holds pre-emptive matching rights.

Stuart McKinnon

Creditors circleBHP’s Samarco seeks protection to restructure debt

The Samarco joint venture with Vale has filed for a form of bankruptcy protection in Brazil to protect its iron ore operations in the South American country.

Stuart McKinnon

Full forceMid West exporters wait for restart

Mid West exporters face an anxious wait to learn when port operations will resume as authorities assess the damage left behind in the wake of Cyclone Seroja.

Daniel Newell

R U OK?The mission to improve FIFOs’ mental health

High salaries and the chance to travel the State sounds like a dream job but being a FIFO can take a gruelling toll. Now a new campaign wants to change the macho ‘she’ll be right’ culture of mining.

Caitlyn Rintoul

Open letterGupta’s message to Whyalla: I can’t wait to be back

Sanjeev Gupta has written an open letter to SA, saying he cares deeply about continuing the strong steel manufacturing legacy of his “spiritual home” Whyalla.

Valerina Changarathil

Dormant projectPrice is right for a revival

It’s no wonder the joint venture partners in the Australian Premium Iron project are eyeing new ways to kickstart their stalled development in the Pilbara, with the iron ore price above $US170/t.

Stuart McKinnon