Algae and mining: A new frontier in sustainable site rehabilitation

Algae might seem an unlikely candidate to help transform Australia’s post-mining landscapes, but a new CSIRO -led project suggests these tiny aquatic organisms could provide sustainable futures for mine sites, surrounding ecosystems, and local communities. Looking down the microscope at the microalgae Nannochloropsis Australia’s mining sector is approaching a crossroads—where economic legacy and environmental responsibility must find common ground. A new CSIRO -led study, supported by the Cooperative Research Centre for Transformations in Mining Economies (CRC TiME), suggests that one of the most promising bridges between these imperatives may come from an unexpected source: algae. Though small in stature, algae are emerging as giants in their potential to transform post-mining landscapes. The study, developed in partnership with the University of Queensland and Murdoch University , proposes that algae-based technologies could reduce mining’s environmental footprint while seeding new...

China's Zijin Mining set to acquire Tampakan stake through Indophil

The Peoples Republic of China's largest gold producer, Zijin Mining, will reportedly launch its $545 million takeover bid of Melbourne-based metals explorer Indophil Resources following approval by the Australian Foreign Investment Review Board.

If accepted, Zijin's offer, through its subsidiary Golden Resource Mining, will deliver a third of the Philippines' Tampakan copper and gold project, one
of
the
largest
undeveloped
copper‐gold
deposits
in the region.

The

project
is
located
on
the
southern
Philippines
island
of
Mandanao,
approximately
65
km
north
west
of
General
Santos
City.
It has been managed since April 2007 by
Xstrata
Copper,
through
its
62.5% stake in Philippine
affiliate,
Sagittarius
Mines Inc.