The lithium market meltdown reached a flashpoint as Pilbara Minerals turned to equity markets to bolster its coffers and Alita Resources called in administrators.

About 150 Queensland coal workers will soon be out of a job with work drying up as their company waits for approvals for a controversial mine expansion.

The company which operates the Bald Hill lithium and tantalum mine near Kambalda has been placed in the hands of administrators after the company faced a cash crunch on falling lithium prices, lumpy shipments to its sole Chinese customer, and hefty debt levels.

Mining contractor Ausdrill, just renamed Perenti, has tripled its annual net profit to $181.3 million after absorbing underground mining specialist Barminco last year.

A wave of new fly-in fly-out workers camps capable of housing a combined 5288 people are in the pipeline for the City of Karratha in Western Australia after three applications intended to pave the way for new developments came up for consideration at this month’s council meeting. 

A new high-grade iron ore mine is likely to open near Cue, Western Australia and start exporting from Geraldton Port next March, according to Fenix Resources Managing Director Rob Brierley.

Lynas Corporation has posted a 50 per cent jump in full-year profit amid record production of major rare earth elements but the company says most of its growth will be outside China.

The New South Wales Resources Regulator has completed an investigation into a heavy vehicle collision at the Maules Creek Coal Mine in the Gunnedah Basin on April 21 2018, which left one mine worker with serious injuries.

Primero Group has been awarded a significant contract for the pre-assembly of BHP’s South Flank Balance Machines from Thyssen Krupp Industrial. 

A spotlight will be on increasing investment in Africa’s mining industry when African mining ministers meet in Perth next week for a three-day international forum.

Discussions around how mining companies work with their local communities took centre stage on the first day of the Asia Pacific International Mining Exhibition (AIMEX) at the Sydney Showgrounds.