For a company with “gold” in its name, Barrick Gold Corp. has become noticeably fixated on copper. The world’s second-largest bullion producer recently approached First Quantum Minerals to discuss a potential takeover, reported last week. And while the move was...
After selling its CSA copper mine in Cobar, New South Wales, to Metals Acquisition Corp (MAC) for $US1.1 billion ($1.64 billion) earlier this month, Glencore and MAC have officially closed the sale. Under the transaction, Glencore has received $US775 million...
Lithium Power International (LPI) has parted with its Australian subsidiary, Western Lithium, to Albemarle for a tidy $30 million. The cash for shares agreement is expected to wrap up on July 3, and will see Albemarle take ownership of the Greenbushes and Pilgangoora...
Mineral Resources has announced early results of the first major exploration program at its Mt Marion lithium mine. Drilling results confirm significant exploration potential at depth, along strike and in the surrounding region. Early results intersected...
Komatsu has unveiled a state-of-the-art training academy for tradies, which the company says is its way of addressing the critical skills shortage in the WA resources sector. The academy includes advanced workshop training rooms, a 30-tonne heavy lifting...
A driverless train operated by Rio Tinto derailed in the Pilbara over the weekend. The train was heading to the Port of Dampier from a Rio site when approximately 30 of its wagons derailed at around 6.30pm on June 17. “The safety and wellbeing of our people and...