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Mining.com.au - Mining News Australia
Bringing you daily relevant mining news and updates from Australia and around the world.
Viking Mines to generate Narndee gold anomalies
1 day ago · The targets at Viking Mines’s (ASX:VKA) Canegrass and Narndee projects in Western Australia offer opportunities for gold mineralisation beyond the vanadium mineralisation already defined.. A recent auger soil sampling program comprised 415 auger holes over 7km strike at Narndee and a further 250 holes over 1.7km strike at Canegrass.
Exploration News - Mining.com.au
Mining.com.au is published by Mayfair Media Operations Pty Ltd ABN 94 627 513 295. The information that we provide is general in nature and is not financial advice.
Ebbs and flows: Australia’s mining outlook - Mining.com.au
Dec 22, 2023 · Australia’s mining sector contributes to some 13.4% of the country’s GDP. It remains a major player in the global market in terms of supplying key minerals and metals beyond just those needed for the green energy transition and shift towards decarbonisation. However, the global economic slowdown and fewer supply disruptions generally reduced commodity prices over […]
Governments to bolster critical minerals investment in 2025
6 days ago · Competitive advantages over China. Meanwhile, the Western Australian Government in 2024 announced a Lithium Industry Support Program valued at $150 million designed to preserve the state’s critical minerals industry, including the temporary waiver of government fees to support downstream processing (valued at $90 million).
Rising gold price lifts miners - Mining.com.au
Jan 9, 2025 · Arcadium Lithium (ASX:LTM) was the biggest winner of the day with a 7.92% rally to $9.13 after announcing it has received clearance from the Committee on Foreign Investment in the US for the proposed takeover by Rio Tinto (ASX:RIO).. The S&P/ASX 200 closed down 19.9 points, or 0.24%, at 8,329.2 points on Thursday. Over the past five days, the index has gained 1.56% and is currently 2.18% off ...
Minerals Council lauds mining’s strength amid budget surplus
Oct 6, 2024 · The Minerals Council of Australia has lauded Australia’s second straight budget surplus as a result of the ongoing strength and reliance of the country’s resources sector.Treasurer Jim Chalmers last week announced the Australian Government recorded a $15.8 billion surplus in 2023-24 – the second consecutive financial year the …
Australia Archives - Mining.com.au
Jan 30, 2025 · Mining.com.au is published by Mayfair Media Operations Pty Ltd ABN 94 627 513 295. The information that we provide is general in nature and is not financial advice.
METS Insight: Australia ‘punching above its weight’ - mining.com.au
Australia’s mining and METS (mining equipment, technology, and services) sector continue ‘punching above its weight’ and contribute an estimated 15% of Australia’s GDP, creating more than 1.1 million jobs, of which METS businesses employ 300,000 people directly.
Costs a major focus for miners in 2024 - Mining.com.au
Recently, Saxo’s strategy team released its Q1 2024 outlook which outlined the reasons Saxo believes 2024 could become the “year of the metals” with focus on gold, silver, platinum, and copper.. Central banks will likely embark on rate cuts in 2024, marking a shift from the tightening stance in the previous year.