Brisbane, Australia (CNN) — Lawyers for women who claim they’ve been sexually harassed while working for global mining giants BHP and Rio Tinto say they’ve been inundated with emails since filing two class action cases in an Australian court.
The separate lawsuits, which were filed in the Federal Court in Sydney and revealed Wednesday by law firm JGA Saddler, alleges widespread and systematic sexual harassment and gender discrimination at the two companies’ worksites over the last two decades.
(Bloomberg) — Rio Tinto Group contributed to widespread damage due to waste left at an abandoned copper mine in Bougainville, Papua New Guinea, and risks to local communities are ongoing, a report has found.
Panguna, which was operated by Rio subsidiary Bougainville Copper, was once one of the world’s largest copper mines. It was shut in 1989 after local protests over the disbursement of revenue from the mine degenerated into a civil war that killed as many as 20,000 people.
Pink Diamonds are amongst the rarest precious items on earth. That is why they are the most collectible stones right now. To own a pink diamond is to own a piece of Australian and world history.
“Buying a Pink Diamond is like buying a Pablo Picasso while he was alive… In another decade, the Argyle Pink Diamond will emerge as the new Faberge egg, the thing myths are made of. The value of rarity is the most priceless factor” – THE AUSTRALIAN BUSINESS REVIEW.90% of the world’s pink diamonds have been discovered in the mines of North Western Australia in the Argyle diamond mines. “The Argyle pink diamond story has enthralled throughout the years following the remarkable discovery of the Argyle mine in 1979.
Is Western Australia’s once-booming nickel industry dead or just a sleeping giant? Thousands of job losses this year marked the bleakest period in the local industry’s history, which dates back to the 1960s.
In those days, the discovery of nickel literally put the Goldfields town of Kambalda on the map, leading to the development of the country’s first nickel mine while the Vietnam War drove demand for this key ingredient of stainless steel.
New Caledonia is home to thousands of species found nowhere else—and to nickel that companies like Tesla
This story was produced with support from the Rainforest Journalism Fund in partnership with the Pulitzer Center.
In September, 2020, Elon Musk and a Tesla executive named Drew Baglino put on matching T-shirts and took the stage in a California parking lot. To mark what the company called Battery Day, Tesla had gathered an audience of shareholders, who were social distancing by sitting separately in gleaming electric cars.
Some of the company’s new batteries, Musk and Baglino announced, contained far more nickel than previous models; as a result, they could travel farther, and at far less cost, on a single charge. “Increasing nickel is a goal of ours and, really, everybody’s in the battery industry,” Baglino said.
https://www.mining-technology.com/
The Goro mine in southern New Caledonia produces 57,000 tonnes per annum (tpa) of nickel and 5,000tpa of cobalt.
Nickel miner Prony Resources New Caledonia will recommence operations at its Goro mine and battery-grade nickel production plant, located in the south of New Caledonia, after a six-month suspension caused by local riots in the French territory, reported Bloomberg.
The return of the workforce marks a significant step for Prony Resources, one of the three major nickel producers in New Caledonia.
(Bloomberg) — Embattled Australian miner Mineral Resources Ltd. will immediately shut its Bald Hill lithium project, citing the crash in prices of the key battery material.
The Western Australia mine, capable of producing 150,000 tons of spodumene concentrate a year, was acquired by Mineral Resources last year. The announcement of its closure comes after the company said earlier this month that founder billionaire Chris Ellison will step down as managing director after an internal probe into undeclared payments found he had engaged in “profoundly disappointing” conduct.
https://www.theglobeandmail.com/
Investors are unsure whether Australia-based Paladin Energy Ltd.’s proposed acquisition of Fission Uranium Corp. will succeed, as Ottawa conducts a make-or-break national security review on the transaction, with Chinese influence under scrutiny on both sides of the deal.
In June, Paladin reached a friendly agreement to buy Kelowna, B.C.-based Fission in an all-stock transaction worth $1.14-billion. Fission is developing the Patterson Lake South (PLS) uranium project in the Athabasca Basin region of Saskatchewan, which is projected to eventually account for about 5 per cent of global supply.
Australia’s Global Lithium Resources (ASX: GL1) is seeking to postpone its upcoming annual shareholder meeting until March next year due to concerns over a potential breach of foreign ownership rules.
The West Perth-based developer fears that Chinese national and minority shareholder Liaoliang “Leon” Zhu is attempting to gain control of the firm and its assets located near Kalgoorlie by joining the board and reducing the number of directors.
Rio Tinto will carry out the rehabilitation of the closed Ranger uranium mine in Australia’s Northern Territory, a government body has ruled.
The Takeovers Panel’s decision ends a long-running dispute over whether Rio Tinto or its majority owned uranium producer Energy Resources of Australia (ASX: ERA) would assume the site restoration’s costs. It also clears the way for Rio to assume full control of the uranium producer via the company’s capital raising, announced in August.
Australian lithium stocks are just one deal away from a resurgence as investors face a shrinking pool of miners to invest in after Rio Tinto’s $9.9 billion takeover of Arcadium, according to E&P Financial.
The broker said Rio’s landmark deal, which capitalised on the collapse in lithium prices, could trigger a wave of institutional money into the stocks as investors speculate on the next takeover target. “Rio’s acquisition of Arcadium feels like bottom of the cycle M&A,” wrote E&P analyst Adam Martin in a report to clients.
https://www.northernontariobusiness.com/
Australian mayor shares his community’s experience of growth in the ore-rich Pilbara at the OECD conference
The City of Karratha in Western Australia’s Pilbara region is a hive of mining-related activity. Known for its rich iron ore deposits, the region has a population of just over 24,000 people. Karratha alone generates a whopping $20 billion annually in gross domestic product (GDP).
Put in other terms, each person working in the region contributes $375 per hour to the GDP; that’s in comparison to the national average of $56 per hour. “That’s how important our region is to the national economy of Australia,” said Daniel Scott, mayor of the City of Karratha, while speaking in Sudbury this week.
A profile image of a man with dark, spiky hair.
Brothers Donald and Tim Moore lived through the country’s first nickel boom in Western Australia’s resources-rich Goldfields. The metal’s discovery near Kambalda in the 1960s sparked a modern-day renaissance for the historic mining region built on its 1890s gold rush.
It set the brothers on different paths that were heavily influenced by the “magic metal” of the day. Donald, 60, worked extensively in gold mining and spent 13 years at the Kalgoorlie Nickel Smelter, while his 59-year-old brother Tim has documented the region’s ups and downs as a historian with the City of Kalgoorlie-Boulder.
Federal Environment Minister Tanya Plibersek has found the ‘irreversible’ and ‘permanent’ loss to Aboriginal heritage outweighed the financial cost of halting a $1 billion gold mine development in the New South Wales Central West.
Ms Plibersek today released the Statement of Reasons behind her decision to protect part of the Belubula River, its headwaters and springs near Blayney, from the tailings dam earmarked for the site by Regis Resources McPhillamys gold mine.
Rio Tinto’s $6.7 billion buyout of Arcadium will give it a suite of lithium filtration technologies that are poised to revolutionize how the metal is produced for the electronics and electric vehicle industries.
Arcadium’s expertise in so-called direct lithium extraction (DLE) is the real prize for Rio, analysts said, and vaults it into contention with Eramet, Sunresin, Exxon Mobil and others aiming to make the technology commonplace in coming years.
