Australia leads the world in automated mining technologies, allowing the resources sector to operate safely and e ciently in remote and harsh conditions on both large and small scales. AUSTRALIA’S MINING INNOVATION efforts to date have ensured that we remain a low-cost producer in iron ore. Autonomous fleets used in iron ore production outperform manned fleets in several areas, including fuel … Continued
Stronger share market and resources recovery are fuelling floats optimism. THE RECOVERY IN resources floats is strengthening as more exploration companies tap into rising investor sentiment towards the mining sector and initial public o erings (IPOs). Australian Resources and Investment’s (AR&I’s) analysis identified a dozen mining companies seeking admission to the ASX through an IPO at the start of the new … Continued
Gold has been one of the most remarkable metals in the history of human civilisation. THE SCARCITY AND visual aesthetics of gold have seen it worshipped as a gift from the gods; form the basis of monetary systems; and lead mining companies to tunnel more than three kilometres underground to find it. Australia’s long and proud history of gold mining has … Continued
The electric vehicle exuberance has been gaining traction in recent years. Governments are setting ever more aggressive targets on internal combustion engine bans, while automakers have been jockeying to outdo each other by laying out bullish production plans for new electrified models. COBALT, A KEY input material for some of the most prominent lithium-ion batteries, should be riding high on … Continued
Vanadium has been touted as a wonder metal, with properties that enable it to strengthen steel while making it lighter, transfer electricity without transferring heat, and exist in different states in electrolyte solution, enabling its use in vanadium redox flow batteries. STEEL REMAINS THE primary market driver for vanadium, and global demand is growing due to its increased use … Continued
Despite its much lower market profile than gold, silver’s prospects are looking up. The all-important gold-silver ratio is approaching levels reached during the GFC, which subsequently led to a 400 per cent surge in the price of silver. Silver might not reach the same dizzy heights this time, but the metal’s underperformance relative to gold, … Continued
Address by Mrs Gina Rinehart Executive Chairman of the Hancock Prospecting Group and Roy Hill Tuesday 2 May 2018 Good morning distinguished guests and friends, Thank you for coming this morning, I know to get here today has meant very early starts for many of us. I hope you are enjoying this historic moment and treat of … Continued
By the end of this year, Western Australia will supply half of the world’s demand for lithium, after overtaking Chile in 2017.The state has world-class deposits of lithium hard rocks known as pegmatites due to the size of crystal grains in the rocks, with spodumene as the most important mineral. Over the last three years, … Continued
World demand for gold is unquenchable, driving mining companies to develop many new mining projects in Australia and overseas. Australia has the largest gold reserves in the world, with more than 16 per cent of global gold totalling 9100 tonnes at the end of 2015. Australian annual gold exports were valued $16 billion in 2015–16 … Continued
With nearly 60 per cent of all zinc consumed each year going toward protecting steel from corrosion, it is not a surprise that galvanised coatings dominate the discussion for zinc markets. Die castings, zinc’s second-largest market, come in a distant 15 per cent of annual consumption; however, the International Zinc Association (IZA) sees strong potential … Continued