MELBOURNE Institutional investors worth $10.2 trillion (7.8 trillion pounds) have written to the boards of global mining companies to better understand their engagement with First Nations people, in the wake of Rio Tinto Ltd's destruction of Juukan Gorge rockshelters.
MELBOURNE Australian lithium producer Altura Mining Ltd has entered receivership, administrator KordaMentha said, hit by a prolonged period of low prices for battery materials that has been exacerbated by the COVID-19 pandemic.
MELBOURNE, Oct 22 Set to become Australia's
biggest mining royalty company, Deterra Royalties Ltd
lists shares in Sydney on Friday with plans to scout for new
deals to diversify its portfolio beyond iron ore, its chief
executive said on Thursday.
MELBOURNE Outgoing Rio Tinto Chief Executive Jean-Sébastien Jacques said on Friday the miner was committed to reform after a lawmaker accused the industry of incremental cultural genocide at an Australian inquiry into the destruction of an ancient cave.
MELBOURNE Rio Tinto warned on Friday that a resurgence in coronavirus cases was putting global economic growth at risk, and that steel production outside China has sharply dropped even as stimulus measures prop up demand in the top consumer.
MELBOURNE BHP Group has received deferment requests from Chinese coal customers, Chairman Ken MacKenzie said on Wednesday, after reports that China had put a freeze on accepting Australian coal amid trade tensions between the two countries.
MELBOURNE Australia's city of Melbourne, its hotspot in the second wave of coronavirus infections, is on track to return to near normal by Christmas, strengthening hopes for major summer sporting events to go ahead amid a general economic revival.
MELBOURNE Rio Tinto Ltd. ignored repeated requests from traditional owners for sacred Australian rockshelters to be protected in the months before the site was blasted during a mine expansion, an Indigenous group said on Friday.