Australian mining news

Australian resources exports have delivered a new record full-year trade surplus of AUS$49.9 billion, highlighting the importance of the mining industry to the nation’s economy.

Mayer Brown advises Toro Gold Ltd on the sale of its entire share capital to Resolute Mining Ltd for approximately US$300 million.

Vendetta Mining Corp. finalises an additional non-brokered private placement of 11 533 332 units at a price of US$0.09 per unit.

Altura Mining Ltd has shared an update on offtake agreements for its flagship Altura lithium mine in Pilgangoora (Western Australia).

Rio Tinto has released new data on the 14 diamond drill holes and 28 reverse circulation drill holes completed since the last update.

Mentoring them in the Queensland Minerals and Energy Academy activity were experts in the field from New Hope’s New Acland opencast coal mine.

St George Mining Ltd has completed an institutional-led placement that has raised additional funding for its nickel-copper sulfide project at Mt Alexander.

The Queensland Resources Council (QRC) has supported harsher penalties for activists who break the law and commit illegal trespass.

BHP’s Chief Executive Andrew Mackenzie has unveiled a five-year, US$400 million climate investment program, with a commitment to reduce Scope 1, 2 and 3 emissions.

The safety reset is to remind all workers about the dangers and potential fatal risks of working in the resource industry.