Ebbs and flows: Australia’s mining outlook - Mining.com.au
Dec 22, 2023 · Resource and energy exports are forecast to be $408 billion in 2023–24, down from a record $466 billion in 2022–23. “Weak demand and improved global commodity supply imply a fall in prices, more than offsetting the impact of a forecast small rise in export volumes. Export values are forecast to fall by 15% to $348 billion in 2024–25 ...
Australia Archives - Mining.com.au
Nov 1, 2024 · 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.
Australia-Canada unite on critical minerals front - Mining.com.au
Mar 7, 2024 · Australia and Canada have united to improve transparency in critical minerals supply chains and promote recognition of strong environmental, social, and governance (ESG) standards across the sector. The handshake agreement follows talks between Australia Minister for Resources and Northern Australia Madeleine King and Canada’s Minister for ...
Untapped: Australia ‘underexplored’ despite rich endowment
Untapped: Australia ‘underexplored’ despite rich endowment. In 2022, Australia spent more than $4 billion on mineral exploration, which is a 13% increase from 2021. Critically, in decade to 2021 Australia accounted for 18% of all discoveries and since 2015 the country generated the greatest return on investment in the world achieving better ...
Eureka as Navarre plans immediate drilling as ASX trading resumes
22 hours ago · Navarre Minerals (ASX:NML) plans to immediately start a 7,000m exploration drilling campaign at its flagship Stawell Corridor Gold Project after today (12 November) resuming trading on the Australian Securities Exchange.. The drilling program is designed to advance its key projects to the next stage over the coming 12 to 15 months, which includes continued work at the Tandarra Gold Project ...
Mid-tier miners a focal point as top 50 continue to punch above …
The market value of critical minerals companies ballooned by $20 billion (or 29%) to $90 billion at the end of 2022, a new PwC report shows. Three of Australia’s mid-tier 50 mining companies (MT50) focused on lithium finished the year with more than $10 billion in market capitalisation. Interestingly, the values of coal miners increased ...
Costs, change, concerns: Council calls for competitiveness
Feb 20, 2024 · There is an urgent appeal for more mining investment in Australia, as costs continue rising, living standards declining, and the urge for change is becoming more critical. In the Minerals Council of Australia’s (MCA) Pre-Budget Submission for 2024-2025, the MCA flags the need for a ‘sustainable, strong, and growing’ economy in order for the country […]
Metro Mining eyes 2024 production of up to 6.8 million tonnes
Mar 26, 2024 · Metro Mining (ASX:MMI) has set a 2024 bauxite production target of between 6.3 million and 6.8 million wet metric tonnes, as the wet season weakens and production resumes. Metro, which has a $173.14 million market capitalisation, began remobilising production, services, and contractor teams back to site this week ahead of a mining restart ...
Optimistic outlook for mining in 2023 despite ongoing …
Dec 15, 2022 · Early 2022 was a robust period for the mining and resources sector, buoyed by record high prices for some commodities and rising energy transition-related demand. According to S&P Global, however, macroeconomic conditions soured heading into middle of the year, leading to weakening near-term demand expectations and declining commodity price trends. As 2023 approaches, a somewhat […]
Hillgrove’s Kanmantoo first copper on track - Mining.com.au
Hillgrove Resources is a South Australian copper-gold focused company. The company is focused on its Kanmantoo mine, as well as other regional exploration tenements. As of 30 September 2023, the company had $24.680 million cash and cash equivalents at hand, according to its latest quarterly report. Write to Aaliyah Rogan at Mining.com.au.