Western Australia-focused gold exploration and development company Rox Resources has raised $4 million via a placement of 24.24 million new fully paid ordinary shares an issue price of 16.5 cents per share. The company’s largest shareholder, Hawke’s Point, bought $0.66m of shares, subject to shareholder approval. The fundraising was well supported by new and current …
Barely four months after leaving BCI Minerals, Alwyn Vorster has been appointed interim chief executive officer of Hastings Technology Materials. Vorster was managing director of BCI for more than six years, and was also formerly managing director of Iron Ore Holdings and CEO of API Management. In addition, he has extensive experience in senior management …
Rio Tinto and Yindjibarndi Aboriginal Corporation (YAC) have signed an updated agreement aimed at strengthening ties and delivering improved social and economic outcomes for the Yindjibarndi people in WA. The updated agreement, which will be delivered as part of Rio Tinto’s commitment to modernise its relationships with Traditional Owners, was signed on November 9 on …
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Palantir Technologies will deploy its Palantir Foundry analytic tool across Westrac’s servicing and rebuild operations centres in Perth. The agreement further expands Palantir’s work in the Australian industrial sector, adding to its long-term flagship partnership with Rio Tinto. Palantir’s Foundry operating system, designed to leverage data for better decision-making across organisations of all sizes, will …
The iron ore price has been on something of a rollercoaster ride over the past two years. It reached a record high of close to about $US240 ($371) a tonne in May last year, but the price has since tumbled. And while there were some signs of price recovery last week, the near-term outlook remains bearish. …
The Prospect Awards, to be held in Perth for the first time in 2022, recognise the best in mining and mineral processing. The Prospect Awards are the most esteemed and prestigious awards slate for the Australian resources sector. Tickets to this year’s event, to be held at the Pan Pacific Perth on Thursday November 17, …
Read more “Australian Mining Prospect Awards tickets still available”
The World Gold Council (WGC) has identified the key physical climate-related vulnerabilities of the gold mining industry and outlined a range of adaptation strategies to support the industry in managing the associated risks. Its Gold and climate change: Adaptation and resilience report, conducted in collaboration with climate risk and community design specialists at Stantec, summarises …
Read more “World Gold Council addresses climate change challenges”
Thiess has extended its mining services contract with BHP Mitsubishi Alliance (BMA) for the Caval Ridge operations in Queensland. With a potential term of up to five years, the new contract starting on December 1 has revenue to Thiess valued up to $600 million. Thiess will continue to provide mining services at the Caval Ridge …
The likes of FLSmidth, Aalborg CSP, DHI, Advent Technologies and C.C. Jensen are among the Danish companies helping the Australian resources sector move into a more sustainable future. Australian Mining chats to each OEM to find out how. Denmark has long been at the forefront of the global sustainability push – and with good reason. “In …
Read more “How Denmark is helping drive sustainability in Australian mining”
The board of Newcrest Mining has approved an outlay of $214 million to extend the life of its Telfer operation in Western Australia. The company will proceed with the West Dome Stage 8 cutback, with the mine now expected to extend operations into early FY25. The cutback is located adjacent to the current West Dome …