The Federal Government has approved Whitehaven Coal’s Vickery extension project in New South Wales, which will see an additional 135 million tonnes of coal produced at the site over a 30-year mine life.
Newcrest managing director and chief executive officer Sandeep Biswas has flagged the importance of copper to the company’s portfolio as demand for clean energy technologies increases.
Uranium futures spiked to $US48.55 ($66.16) per pound (lb) on Wednesday, the highest price since 2012 as the market anticipates a new yellowcake cycle. Read more
Pilbara Minerals has almost doubled the price of its spodumene concentrate after completing a second auction through its battery materials exchange (BMX) platform.
By Anthony Fensom
Strong market conditions for two key commodities mined by ASX-listed companies are set to spark an increase in exploration activity.
New Century Resources has taken an important step towards the development of in-situ operations at the Century zinc mine in Queensland after completing a pre-feasibility study for the project. Read more
Panoramic Resources has stockpiled more than half of the ore needed at the Savannah nickel operations in Western Australia for a November production restart.
OceanaGold’s restart of the Didipio mine in the Philippines is running ahead of schedule with $25 million of copper-gold concentrate transported to port.
Port Hedland’s exports have dropped to six-month lows in August amid weakening iron ore prices and simmering demand from China.
Poseidon Nickel will refurbish a 1.1-million-tonne-per-annum concentrator as part of its restart of the Black Swan nickel project in Western Australia.