Prices have slumped by about a third this year, fuelling talk about how low they must go to force mine closures and bring supply back in line with demand.
Anthony Albanese and Tanya Plibersek are at odds over Labor’s Nature Positive laws, with the Environment Minister insisting a deal with the Greens is still on the table despite the PM overruling her.
The Australian-born chief executive of $90 billion global mining giant Newmont is riding high on the back of transcendent gold prices, but isn’t letting the latest rush go to his head.
The main union group trying to muscle in on BHP’s Pilbara iron ore operations is demanding thousands of workers be gifted a ‘retention bonus’ each year, on top of guaranteed pay rises.
Miners are being urged to lobby the Coalition to back a stripped-back Environment Protection Agency before Labor rushes off to cut a deal with the Greens.
BCI Minerals has been granted environmental approvals for its $1.4 billion Mardie project near Karratha, paving the way for the production process to start at Australia’s first major salt project in 25 years.
The mining industry feels under siege and even ‘punished for its success’ as a torrent of government intervention threatens projects and undermines competitiveness, MCA boss Tania Constable has warned.
On the face of it, Australia should have a huge advance in the race for critical minerals; and yet we can’t seem to get ourselves off - or, rather, out of - the ground and running.