ASX Tag

South32 (ASX, LSE, JSE:S32) has completed a US$200 million purchase of Peabody Energy’s Metropolitan Colliery in New South Wales, Australia. The Australian-based BHP Billiton spin-off, which had been on the hunt for new assets to add to its portfolio for some time, added that the deal...

Australia’s Resolute Mining (ASX:RSG) will undertake a AUS$19 million exploration programme over the next year focusing on Africa. The gold miner will be targeting multiple high quality projects close existing infrastructure at its Syama mine in Mali, Resolute Mining managing director John Welborn said today. He said...

The Australian Department of Industry has lowered its iron ore price forecast for 2017 by 20% according to its latest quarterly report. Having predicted average prices for 2017 at US$56 per tonne rising to $60+ in 2018, Australia’s Department of Industry, Innovation & Science now...