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Rex Minerals seeks $850m for copper-gold project

The mining giant believes operations like the Hillside copper-gold project on the Yorke Peninsula in SA are key for “the future of the planet”. Located north-west and west of Adelaide, the mine is expected to produce 42,000 tonnes of copper and 30,000 ounces...

BHP and OZ Minerals racing to get deal done

The miners are working hard to finalise their $9.6 billion takeover deal before the end of the year. When BHP finally landed its long-desired target last month, it was granted four weeks to conduct due diligence, starting Monday November 21. With...

Rio on hunt for lithium acquisitions

Rio Tinto is actively looking for lithium acquisitions, predicting prices for the key raw material in electric-vehicle batteries will stay high for a “long period of time.” The world’s second-biggest mining company is pursuing “organic and M&A growth...