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Mining magnate Forrest brings famed bootmaker R.M. Williams back into Australian hands - Australian mining billionaire Andrew ‘Twiggy’ Forrest has struck a deal to acquire iconic bootmaker R.M. Williams from a French private equity fund, bringing the brand back into Australian ownership after six years. The Fortescue Metals Group founder and major shareholder said his private company had...WA’s mining sector must plan for net zero emissions now, Deloitte report warns - The authors of a new Deloitte report on the future of Western Australia’s mining sector have warned that operators must begin planning net zero mines in 2020 or be seen as ‘ignorant at best in just a few years’. The report, launched at this week’s...New Australian gold giant born as Northern Star acquires Saracen Mineral Holdings - The boards of Northern Star Resources and Saracen Mineral Holdings have approved a A$5.76 billion shares and cash deal that will create a global top-10 gold miner by market value. The high-profile merger is set to create an Australia-based gold giant worth $16 billion, with...Australia announces $800 million package for digital business transition - Australia has created a A$800 million funding package to advance the digitisation of businesses, as part of its COVID-19 economic recovery plan. The Federal Government said it would spend $420 million coordinating Australia’s more than 30 company registers and put them online, and another $257...Encounter Resources partners with BHP at NT copper project - ASX-listed junior explorer Encounter Resources has received endorsement for its Elliott copper project in Australia’s Northern Territory from BHP, with the two companies forming a joint venture (JV). Mining giant BHP can earn up to 75% interest in the project by funding A$22 million over...Australia to spend A$1.9 billion on renewable energy technology over next decade - Prime Minister Scott Morrison has revealed that Australia will spend A$1.9 billion in nascent renewable energy technology over the next 10 years as the government looks to boost the economy with investment in high growth sectors. Ahead of the annual budget announcement next month, Morrison...Australia puts pressure on Rio Tinto to appoint Australian chief - Australia has asked Rio Tinto to appoint an Australian as its next chief executive, in an attempt to sharpen the mining giant’s focus on a country that generates a significant bulk of its total earnings. The Australian government’s treasurer Josh Frydenberg made the request after...Australia to block Chinese firm’s $600 million takeover of milk brands - Australia is set to block China Mengniu Dairy’s proposed A$600 million takeover of some of the nation’s biggest milk brands, as diplomatic and trade tensions push relations between the two countries to a new low. According to sources close to the transaction, Australia’s treasurer Josh...South32 to sell stake in manganese alloy smelter to Gupta’s GFG Alliance - South32 has announced the sale of its entire stake in manganese alloy smelter Tasmanian Electro Metallurgical Company (TEMCO) to UK-based conglomerate GFG Alliance. The Australian diversified miner said on Thursday that GFG, owned by British conglomerate Sanjeev Gupta, will acquire 100% of the shares in...Australian mining sector at ‘transition point’, finds KPMG report - Australia’s mining sector finds itself at a key ‘transition point’, with concerns over commodity price volatility rising to the fore in the COVID-19 climate, according to KPMG’s Australian Mining Risk Forecast 2020/21 report. Climate change, natural disasters and commodity price risks were listed as key concerns...

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