Economics & Commodity PricesNews Solar and wind to lead Australia’s decarbonisation effort Solar and onshore wind form the basis for the least costly electricity mix for Australia moving towards the 2030 renewables target, according to CSIRO’s new GenCost draft report.
NewsProcurement & Suppliers Northern Star partners with Sandvik for underground fleet investment Northern Star (ASX: NST) has selected Sandvik to supply Toro TH663i underground trucks and Toro LH621i and Toro LH517i intelligent loaders for its underground operations in WA.
NewsProjects & Operations Westgold divests Mt Henry gold project for $64.6m Westgold Resources (ASX: WGX) will divest the Mt Henry-Selene gold project in WA, closely following the announced spin-out of the company’s non-core Murchison projects.
NewsProjects & Operations Yilgarn Iron completes first shipment Yilgarn Iron has completed its first shipment with more than 176,000t of iron ore loaded through the Port of Esperance in WA.
NewsProjects & Operations Rio-led JV greenlights $294m study The Rhodes Ridge Joint Venture has approved a $294m (US$191m) feasibility study to progress the first stage of the Rhodes Ridge project.
NewsProjects & Operations BHP backs Chinese $1.69b SolGold takeover bid Major SolGold shareholders — including BHP (ASX: BHP) and Newmont (ASX: NEM) — have vowed to support a takeover from China-based Jiangxi Copper (JCC) for the right price.
NewsProjects & Operations Fortescue bets $152m on Peruvian copper takeover Fortescue (ASX: FMG) has entered a binding agreement to acquire the remaining 64% of Canada- based Alta Copper for an implied value of $151m (C$139m).
NewsPeople & Workforce Rio Tinto signs interim agreement with Yinhawangka Aboriginal Corporation Rio Tinto (ASX: RIO) and Yinhawangka Aboriginal Corporation have signed an Interim Modernised Agreement, establishing a pathway to a fuller agreement that will govern how the miner operates on Yinhawangka Country in the long term.
NewsProjects & Operations Australia’s largest aluminium smelter to remain open beyond 2028 The Federal Government will work with the NSW Government and Tomago Aluminium to keep the smelter open beyond 2028 when its current energy contract expires.
NewsPolitics & Regulation Billion-dollar mine felled by a blue banded bee Last year, former Federal Environment Minister Tanya Plibersek derailed Regis Resources’ (ASX: RRL) $1b McPhillamys gold project in NSW with a controversial Indigenous heritage ruling.Now more than a year later, the Federal Court in Sydney is hearing Regis’ case — with the company pleading that the decision should be deemed invalid due to alleged issues and failures on behalf of Minister Plibersek.
NewsProcurement & Suppliers Metso launches new grinding classification system Metso has unveiled an innovative, configurable modular grinding classification system.