Mining | latest news & analysis | the australian financial review | afr

Mining | latest news & analysis | the australian financial review | afr

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VICTORIAN GOVERNMENT TO INCREASE MINING FEES BY 234PC Labor argues the revenue is needed to cover regulatory costs, but the industry warns it will drive investment away WHY ANGLO AMERICAN’S


PLATINUM SPIN-OFF MAY TEMPT BHP BACK TO THE TABLE Anglo American’s divestment of its South African platinum mines removes a “poison pill” that could make it a more attractive takeover


target, says one influential analyst. SOUTH AFRICAN GIANT BIDS $1.6B FOR NSW MINER AMID COPPER RALLY Sources suggested Johannesburg-listed Harmony Gold was the most likely suitor. Harmony


has traditionally leaned on JPMorgan SOUTH AFRICAN SWOOP FOR $1.6B COPPER MINE A TEST FOR NEW FIRB SYSTEM Harmony Gold’s bid for the CSA Mine near Cobar will need foreign ownership approval


from the federal government. FOOTAGE REVEALS STATE OF MINRES’ CRUCIAL ROAD AHEAD OF INVESTOR VISIT Chris Ellison will front a tour of the project to reassure analysts and shareholders that


repairs are working, despite another cut in production guidance. TESLA EXTENDS DEADLINE FOR AUSTRALIAN BATTERY MATERIAL DEAL The extension offers Syrah crucial relief as it works to become a


key US supplier of non-Chinese natural graphite, a vital material for battery production. NEXT RIO TINTO CHIEF URGED TO EXTEND PUSH TO ‘CHALLENGING’ FRONTIERS Rio Tinto is facing a hostile


government in Mongolia and a military junta in Guinea, but this vocal shareholder wants the frontier push to continue. WA GOLD ROCK STAR EXTENDS BUYING SPREE WITH $250M MINE Mining deal


maker Raleigh Finlayson is consolidating his grip over the state’s gold-rich Leonora district as Genesis buys out Focus Minerals’ Laverton Gold Project. GREATLAND GOLD SEEKS TO RAISE $50M


FOR ASX LISTING The West Australian gold and copper miner has launched its long-awaited initial public offering, paving the way for its shares to debut. CAN MINRES’ CLEANSKIN CHAIRMAN TAME


THE CHRIS ELLISON SHOW? Malcolm Bundey will have one of the biggest governance mop-up jobs in years, with the heavily indebted miner facing investigation by the corporate regulator. MONGOLIA


ACCUSES RIO TINTO OF BRIBERY IN EXPLOSIVE SECRET LAWSUIT The toxic relationship between the mining giant and officials in Ulaanbaatar has been revealed in new allegations filed with the


British High Court. WA GOLD PRODUCER HORIZON MINERALS RAISES $30M Fund managers have been told about half of the raising’s proceeds will be used to manage Horizon’s stockpile near


Kalgoorlie. TWIGGY FORREST DUMB TO THE IDEA OF FORTESCUE REVOLUTION Staff selfies and heart-to-hearts don’t hide the iron ore mining giant’s revolving door of executives. MY DAD LOST HIS RIO


SCRIP BEFORE HE DIED. IT’S BEEN A NIGHTMARE A lost Rio Tinto share certificate opened this investor’s eyes to a complex legal and regulatory trap. RIO BOARD PUSHED CEO JAKOB STAUSHOLM TO


QUIT MINING GIANT Investors said the iron ore major should not look for a “big personality” as the company considered who would replace the businessman later this year. RIO, FORTESCUE CHIEF


EXECUTIVES TO EXIT IN GLOBAL MINING SECTOR SHOCK Jakob Stausholm said he would leave Rio Tinto at the end of the year, a resignation followed an hour later by Fortescue’s co-chief executive


Mark Hutchinson. AMERICAN WEST KICKS OFF CAPITAL RAISING AS COPPER NAMES RIP The raise comes as two ASX-listed copper juniors – New World Resources and Zijin Mining-backed Xanadu Mines –


field takeover bids. NEWMONT TIPPED TO SHAVE GREATLAND GOLD STAKE IN ASX DEBUT This stake is worth about $700 million and landed with Newmont last year, after it sold its WA gold mine Telfer


and 70 per cent stake in Havieron to Greatland. THE BIG QUESTION BEHIND THE BIG CHANGES AT THE TOP OF FORTESCUE AND RIO The CEO changes at Fortescue and Rio go to a central question: what


does the new era of growth look like for Australian mining? FORTESCUE’S $6.2B IRON BRIDGE PROJECT HIT WITH DELAYS – AGAIN Fortescue says its high-grade but troubled Iron Bridge project won’t


be fully operational until 2028; half a decade later than originally expected.