Global disruptions put pressure on Queensland miners

Rare earths identified at Ironback Hill Magnetite Mines (ASX: MGT) has discovered near-surface clay hosted rare earth element (REE) mineralisation at its Ironback Hill project in South Australia. The identification of REE followed re-testing of limited clay rich samples from archived reverse circulation drill samples originally drilled by the company at the Ironback Hill deposit from 2011-2012. Magnetite Mines managing director Tim Dobson says the company has commenced a low-cost assessment of its vast South Australian tenement base for gold and critical minerals potential. “While the development of the Razorback iron ore project remains our...

Innovation takes centre stage at CTTW2025  Innovation took the spotlight as delegates gathered for Innovation Hour, a highlight of the Copper to the World 2025 program hosted by Austmine on behalf of the South Australia Government.   Sponsored by Fleet Space Technologies, the session showcased the cutting-edge ideas that will shape the future of copper mining and processing. Six finalists across two categories, Deep Copper Mining and Smart Copper Processing, presented breakthrough solutions designed to tackle some of the industry’s toughest challenges.   The judging panel, featuring BHP (ASX: BHP) copper South Australia head of technology Vicky Whiffin, Rio Tinto (ASX: RIO) R&D chief advisor Saskia Duyvesteyn, Orion Industrial Ventures managing partner Mark Frayman,...

WA to cut mining license rates The WA Government has passed laws to revise the tax status of miscellaneous licenses to ensure they do not attract local government rates. While land held under miscellaneous licences has long been understood to not be rateable under the Local Government Act 1995, the Supreme Court of WA has recently ruled local governments can levy rates on land held under these licences. This ruling has the potential to incur millions of dollars in additional costs for mining and exploration companies throughout the state. As a result, the WA Government is moving to...