Esmarie Iannucci

BHP and POSCO look at green steel

15th October 2021 Major BHP has signed a memorandum of understanding (MoU) with Korean steel giant POSCO to jointly explore greenhouse gas emissions reduction technologies in integrated steelmaking. As part of the MoU, the parties intend to undertake pilot and plant trials to lower carbon in the steelmaking... →

Sandfire unveils growth ambitions

15th October 2021 Copper miner Sandfire Resources on Friday said that it was hoping to achieve a 500 000 t/y production target. Speaking at the Resources Rising Stars conference, in Perth, Sandfire MD Karl Simich said that the company was hoping to achieve the 150 000 t/y of copper equivalent output within the... →

BCI secures a$740m debt funding for Mardie

15th October 2021 ASX-listed BCI Minerals on Friday announced that it had secured A$740-million in debt funding for the development of its Mardie salt and potash project, in Western Australia. The project would require a capital spend of some A$1.2-billion to support a production of 5.35-million tonne a year of... →

Fire reported at Flinders' mine

15th October 2021 Junior Flinders Mines has reported a fire at its Pilbara iron-ore project. The company on Friday said it had been informed by project manager BBI Group of a fire on the tenements, but noted that there had been no damage to equipment or facilities, and that now injuries had been reported on site,... →

Sanbrado production keeps rising

15th October 2021 Gold miner West African Resources has reported a 29% increase in gold production for the three months to September, as ramp-up continued at its Sanbrado operation, in Burkina Faso. “The Sanbrado mine completed another record quarter with increased ounces and reduced costs, producing 82 000 oz of... →

Rio adjusts production expectations following tough quarter

15th October 2021 Mining major Rio Tinto has seen production declines across its portfolio of commodities during the three months to September, and has adjusted some of its targets for 2021. “It has been another difficult quarter operationally and despite improving versus the prior quarter, we recognise the... →

Mali’s Goulamina lithium project gets govt backing

15th October 2021 The Malian government has backed a joint venture transaction between ASX-listed Firefinch and lithium developer Jiangxi Ganfeng Lithium Co over the Goulamina lithium project. The two companies earlier this year struck an agreement under which Ganfeng would make a $130-million cash investment in... →

Falcon to take flight by Christmas - Dorsch

14th October 2021 ASX-listed Chalice Mining on Thursday said that the demerger of its gold assets would take place before the end of the year. The company in July flagged the demerger of its Australian gold assets into a stand-alone, listed Australian gold-focused exploration company, following a strategic review... →

Lotus buys another uranium project in Malawi

14th October 2021 Uranium developer Lotus Resources has acquired the Livingstonia uranium project, in Malawi, for $25 000. The project, which is located some 90km south-east of Lotus’ Kayelekera uranium project, hosts an historical inferred mineral resource of some 8.3-million tonnes, grading 325 parts per... →

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