The ‘millionaires factory’ has again downgraded its prognosis for nickel and by virtue increased the probability BHP’s idle Nickel West is going to shut permanently.
Adrian Rauso
CITIC Pacific tells court its Cape Preston deal does not include underwriting Clive Palmers “silly” and “idiosyncratic” plays.
Neale Prior
A new pavilion in Kalgoorlie is the first investment from a $20 million fund BHP set up following the suspension of its sprawling Western Australian nickel business last year.
Clive Palmer begins campaign to blame Cape Preston iron ore miner CITIC Pacific for $1 billion loss in Queensland Nickel collapse.
Royalties billionaire Clive Palmer dealt last minute blow in bid to blame CITIC for nickel wreckage.
Mines and Petroleum Minister David Michael is tipping a nickel and lithium price recovery after more than a year in the doldrums, pointing to continued exploration as proof of optimism
Rebecca Le May
A scandal-plagued Goldfields council facing financial ruin is raring to jack up its annual mining rates by 119 per cent in a gut punch to local mineral explorers.
Another metal could soon be ‘unexpectedly’ added to the mix of Chalice Mining’s proposed mixed metals mine on farmland near Toodyay.
IGO boss Ivan Vella is running out of patience with the perennially problematic lithium hydroxide refinery it shares with Tianqi.
Ongoing talks between Mines Minister David Michael and Glencore over mining royalties could determine the fate of WA’s last nickel hope and the 1000-plus jobs it sustains.
Canadian energy giant TransAlta has won the approval of the regulator for a new gas power plant that would support a restart of BHP‘s mothballed WA nickel operations.
Sean Smith
The $1 billion-plus Ring of Fire project being developed by Andrew and Nicola Forrest’s private mining company is picking up steam as Canadians warm up to the development.
WA is well-placed to weather global headwinds triggered by US President Donald Trump’s erratic policies, but easing population and softer commodity prices will weigh on the State’s economic growth.
Cheyanne Enciso
An Australian company benefiting from the Indonesian nickel boom that has decimated WA’s industry is pushing back on speculation a royalty hike in the Asian country will gut its bottom line.
IGO is unsure how badly its Kwinana lithium refinery will be stung by a Chinese ban that threatens to induce more pain at a misfiring processing plant already decimating the miner’s bottom line.
Chalice Mining believes it has found a more efficient way to extract and separate the cluster of commodities from its proposed mixed metal mine on farmland near Toodyay.
The State and Federal Governments will spend $3 million looking into building a shared pilot plant for downstream producers of critical minerals.
IGO is bearing the brunt of a battery metals slump, plunging into substantial negative earnings for the December quarter as it hashes out the future of its financially ailing Kwinana lithium refinery.
Simone Grogan
An ‘unusual’ shipment from the remnants of a major mining operation will set sail from Esperance Port on Wednesday.
About 800 of the 3000 workers left in limbo by the shuttering of BHP Nickel West have been given another job at the Big Australian, which has lifted iron ore production in the face of sinking prices.
The mining world will be drastically altered if whispers of a tie-up between Rio Tinto and Glencore are true.
Potential cuts to Indonesian nickel mine output could remove more than a third of global supply from the market, according to Macquarie, presenting a significant upside risk to prices.
Eddie Spence
Newly released Cabinet papers reveal the Howard government feared providing taxpayer funding to BHP’s ill-fated Ravensthorpe nickel project would open the mine funding floodgates.
The world of looking for pay dirt can quickly build up fortunes and just as easily wipe them out. With the year drawing to a close we take a look at eight junior miners that exemplified this rollercoaster.
