Newmont pays Barrick US$1.95b to settle dispute

By Samantha Bawden

Friday, 14 August 2026

InternationalNews

Newmont (ASX: NEM) and Barrick Mining have settled their outstanding Nevada Gold Mines (NGM) dispute with an amended joint venture agreement.

The MOU supports Metallium’s plan to develop a national network of e-waste processing facilities, strategically located near major e-waste collection hubs, rapidly expanding U.S. data centre industrial parks and regional industrial corridors with strong logistics and waste generation.

MinRex Resources actively exploring close to $1.1b Silver Lake Resources

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MinRex Resources actively exploring close to $1.1b Silver Lake Resources

GOLD explorer MinRex Resources (ASX: MRR), which holds ground just a few kilometres to the north-east of the $1.2 billion capped Silver Lake Resources Ltd’s (ASX: SLR) gold and copper Deflector Mine, is set to release new exploration results at its Deflector Extended Gold Project at Gullewa in Western Australia. MinRex currently holds five projects, four of which are located in the East Pilbara region. The East Pilbara 70%-owned projects consist of Bamboo Creek Gold Project, Marble Bar North Gold Project, Marble Bar South Gold Project and the Daltons Gold Project. The Deflector Extended Gold project is 100% owned by the ASX micro-cap and lies to the north-east of Silver Lake Resources’ Deflector Mine and also the gold producing Golden...

Nuton technology produces first copper

InternationalNewsTechnology & Innovation

Nuton technology produces first copper

Rio Tinto (ASX: RIO) has successfully produced first copper at the Johnson Camp mine in Arizona, US, using its innovative bacteria and acid driven Nuton technology.

Aiming high for low costs

InternationalNews

Aiming high for low costs

PIEDMONT Lithium could become the world’s lowest-cost lithium producer and an independent spodumene converter providing a US-based source of lithium for the rapidly growing global EV market. The company recently announced results of a pre-feasibility study (PFS) for its proposed lithium hydroxide chemical plant and an updated scoping study for its mine and integrated project in North Carolina to service electric vehicle (EV) production in the US Auto Alley. With operations wholly based in the US, Piedmont would provide local and European auto plants with a more secure supply chain of high-quality LiOH. Currently China accounts for 80% of the world’s LiOH production and nearly 100% of spodumene conversion. The results showed that the two project options (“Merchant” where Piedmont...

Newcrest progresses Chilean project

InternationalNews

Newcrest progresses Chilean project

BY JESSICA CUMMINS NEWCREST Mining has entered into the farm-in stage of its agreement with Mirasol Resources’ Altazor gold project in Chile. The two companies first signed an option and farm in agreement in November 2017, which saw Newcrest set to acquire up to 80 per cent of the project by completing a series of exploration and development milestones. After completing an aggressive exploration program comprising systematic soil sampling, detailed geological mapping, magnetics and electrical geophysics last year, Newcrest presented an exploration budget totalling $US3.3 million for this season’s exploration program. Exploration works would be focussed on a maiden drilling program, subject to obtaining applicable permits and permissions. Mirasol president and chief executive Stephen Nano said the company...

Metso bring mega mill liners to WA

Metso bring mega mill liners to WA

Metso bring mega mill liners to WA Metso is installing a mega-class press at its Canning Vale production facility, expanding it rubber and Poly-Met wear parts production capability in Australia. The press is specifically designed to produce large Megaliner mill liners, anticipated to be operational in Q4 this year, and will position Metso as the only mill liner manufacturer in the country. The installation of the mega-class press will significantly enhance the company’s manufacturing flexibility with the ability to produce very large liners — up to 4.5m by 3.2m coverage — with weight limits defined...

Bravus signs MoU to strengthen mining’s future

Bravus signs MoU to strengthen mining’s future

Bravus signs MoU to strengthen mining’s future Bravus Mining & Resources has signed a memorandum of understanding (MoU) with CQUniversity to boost education, skills and job prospects in Queensland’s mining sector. One of the core undertakings of the MoU is for Bravus and CQUniversity to equip students in civil, mechanical, electrical, construction and mining engineering with industry-ready skills. This will be achieved through a combination of mentoring, vacation placements, internships and graduate programs designed to bridge the gap between study and employment. Bravus Mining and Resources chief operating officer Mick Crowe...

Liebherr supports breast cancer research

Liebherr supports breast cancer research

Liebherr supports breast cancer research Liebherr-Australia has unveiled a $50,000 cheque to the National Breast Cancer Foundation at Hancock Iron Ore’s Roy Hill mine in WA. The donation amount was based on the number of buckets of material moved by a Liebherr R 9800 excavator at the site during the month of June as part of the Every Bucket Counts campaign. Liebherr-Australia managing director Trent Wehr says the company is proud to support the initiative and efforts to support breast cancer research and improve patient care in Australia. [caption id="attachment_47281"...

FMG banks record shipments, backs down on green hydrogen

FMG banks record shipments, backs down on green hydrogen

FMG banks record shipments, backs down on green hydrogen Fortescue (ASX: FMG) has documented record annual iron ore shipments for FY25, totalling 198.4mt, 55.2mt of which was shipped during the June quarter. The company also mined 64.2mt and processed 54.4mt, a respective 16% and 14% increase from the previous quarter. Fortescue chief executive Dino Otranto says the company’s performance for the year has been exceptional and is credited to the relentless focus of its teams on safety, efficiency and operational excellence. “We met all aspects of our market guidance and cemented our position as the industry’s lowest cost producer, with our annual...