Alkane Resources Leadership Update – Secretary Named
Alkane Resources Limited (ASX: ALK) has also announced a leadership change which has been made, which includes the Company secretariat, which is a positive sign of an organised change in the governance of the organisation.
The Company also affirmed that Richard Steenhof, known as Hof, will assume the position of Joint Company Secretary, starting 2 April 2026, in addition to his current position as General Counsel.
Simultaneously, Dennis Wilkins has resigned his position of Joint Company Secretary, having worked in the position for a few years. Julia Beckett will continue as Joint Company Secretary, which will create continuity between corporate compliance and ASX communications.
The creation is in line with current Alkane Resources management modifications that seek to enhance internal controls and align leadership roles with the changing size of operations of the Company.
Alkane Resources announces a structured leadership transition within its governance team. [Courtesy: StockInvest.us]
Why Does This ASX Mining Company’s Leadership News Matter To Investors?
The news about the ASX mining Company leadership is significant to investors as the corporate governance has a direct impact on the transparency of the operations and value creation in the long term.
Change of leadership in key compliance positions is a common sign of expansion, augmentation of regulatory complexity, or the capital market. Alkane Resources is a well-regulated mining Company, and Company secretaries are instrumental in enforcing the ASX listing regulations and corporate compliance.
The introduction of Steenhof, with vast experience in the field of law and governing structures, enhances the capacity of the Company to cope with the regulatory structures successfully.
Such changes are usually understood by the investors as a proactive measure to ensure accountability where they have been supporting future growth programs, especially when the operations are on a growth and acquisition strategy.
Who Is Involved In Alkane Resources Management Changes?
The changes in the management of Alkane Resources encompass three important people who, in their turn, represent continuity and transition in terms of the Company’s structure of governance.
Richard Steenhof, who has recently been appointed as Joint Company Secretary, has legal knowledge and corporate advisory experience in support of the governance and compliance activities.
Dennis Wilkins, the former resigned position holder, played a major role in the corporate administration and regulatory practices at Alkane. Julia Beckett remains in her current role, which ensures consistency in reporting and shareholder communication roles.
This leadership continuity and new appointment is a combination of a balanced approach to organisational change so that the organisational knowledge is preserved and the new knowledge introduced, so as to meet the changing business demands.
Leadership changes combine continuity with fresh governance expertise at Alkane Resources. [Courtesy: BTV]
Where And When Did The Leadership Transition Take Place?
The change of leadership was formally communicated with an ASX filing on 2 April 2026, which further supports Alkane Resources in making transparent and prompt market disclosure.
Headquartered in Western Australia, the Company has operations in a variety of mining jurisdictions, including some of the most important gold and antimony resources. Although the announcement is a matter of corporate governance as opposed to the operational activity, its effects are spread across all the regions in which Alkane operates.
The timing is in line with current progress in the Company operations portfolio, which underscores the essence of robust governance systems that are supportive in terms of multi-asset management and regulatory compliance in various jurisdictions.
How Will This ASX Mining Company Leadership News Impact Future Strategy?
This ASX mining Company leadership news is likely to improve the capacity of Alkane to implement the long-term strategy through strengthening the governance …
Duratec Drops $12M to Lock In NSW Welding Firm with Clients That Could Reshape Its East Coast Play
Duratec Limited (ASX: DUR), one of Australia’s leading engineering, construction, and remediation contractors, has announced a binding agreement to acquire 100% of Pacific Welding Australia (PWA), a Newcastle-based welding and fabrication firm, for a maximum consideration of A$12 million.
The deal, executed through Duratec’s wholly owned subsidiary WPF Duratec Pty Ltd (WPF), is subject to standard conditions precedent and compliance with the ACCC’s merger control regime. Completion is expected in or before early July 2026.
What the Duratec and Pacific Welding Australia Deal Actually Covers
The acquisition is structured in two parts. Duratec will pay an upfront sum of A$6 million, adjusted for working capital movements. On top of that, a maximum earn-out of A$6 million is payable at the end of FY28, tied to a combined FY27 and FY28 EBITDA hurdle of A$6.4 million.
Any earn-out payments will be funded through WPF’s existing cash reserves. The upfront tranche comes from Duratec’s cash reserves and existing bank facilities.
PWA recorded A$14.8 million in revenue for FY25, generating A$1.67 million in EBITDA. That gives Duratec a target with a real revenue base and a clear earnings growth pathway through the earn-out structure.
Who Is Pacific Welding Australia?
Founded in 2010, PWA is an Australian-owned specialist in project-based welding, mechanical services, and fabrication. It operates across Oil and Gas, Energy, and Mining sectors, working with a broad client base from its base in Newcastle, New South Wales.
PWA operates from a 1,000m² workshop in Newcastle, NSW, serving clients across Oil and Gas, Energy, and Mining. [PWA]
In 2022, the company cemented its Hunter Region commitment by establishing a 1,000 square metre workshop. Today, PWA employs close to 60 personnel.
What makes PWA particularly attractive to Duratec is its certified status as a consignment holder of Steel Mains MSCL pipe and a licensed holder of Steel Mains Sintakote Coatings. These are niche technical accreditations that take years to build and serve as meaningful competitive barriers.
More significantly, PWA is the incumbent main contractor for fabrication, welding, and mechanical services at Orica’s Kooragang Island Facility in NSW. That client relationship alone anchors a steady and defensible revenue stream.
Why This Acquisition Matters for Duratec
Managing Director Chris Oates described the deal plainly:
“PWA is uniquely aligned to the services of WPF and provides a fantastic opportunity to scale WPF’s specialist expertise and self-perform model, while enhancing our service offering within the Energy and Mining and Industrial sectors.”
Oates added that the acquisition “further establishes WPF’s East Coast base and is a continuation of our expansion strategy within these sectors.”
That framing matters. This is not a pivot. It is a deliberate extension of what WPF already does, in a geography where Duratec has been building presence through back-to-back targeted acquisitions.
PWA joins a recent string of bolt-on buys by the Company. Duratec already acquired Hunter Coatings Pty Ltd, a specialist industrial painting and coatings contractor based in the Hunter Valley, and RGK Resources Pty Ltd, a Western Australian provider of inspection, maintenance, and rope access services. Each deal adds a specific capability or regional foothold, rather than a scattered diversification play.
The Strategic Picture: Self-Perform and Scale
The phrase “self-perform capability” is important here. In engineering contracting, the ability to perform work in-house rather than subcontracting it directly boosts margins, reduces project risk, and strengthens client relationships.
By integrating PWA into WPF’s operations, Duratec can now offer end-to-end fabrication, welding, and mechanical services on the east coast without relying on third parties for critical work. That positions WPF as a full-service national contractor in the Energy and Mining …
BHP Just Pocketed US$4.3 Billion – Here’s What It Quietly Gave Away
Mining giant BHP has completed one of the largest precious metals streaming transactions in history. On 2 April 2026, the company confirmed it had finalised a long-term silver streaming agreement with Wheaton Precious Metals, banking a US$4.3 billion upfront payment in the process.
The deal, first flagged in February, is now active. It covers BHP’s share of silver production from the Antamina copper-zinc mine in Peru, one of the biggest such operations in the world.
BHP Converts Silver Into Billions Without Selling the Mine
The BHP silver streaming agreement works like this: BHP receives the US$4.3 billion upfront. In return, it commits to delivering silver to Wheaton Precious Metals over the long term.
Under the agreement, BHP will deliver to Wheaton the equivalent of 33.75% of the silver produced by Antamina, subject to a fixed payable rate of 90%. After 100 million ounces of silver have been delivered, the stream reduces, and BHP will deliver the equivalent of 22.5% of the silver produced for the remaining life of the mine.
Wheaton will pay ongoing production transfer payments at 20% of the spot silver price per ounce of silver delivered. The settlement is completed via metal credits, with no physical delivery of silver required.
This structure lets BHP turn a byproduct metal into immediate capital while keeping its core copper and zinc exposure at Antamina intact.
What Is the Antamina Mine?
The Antamina mine sits about 270 kilometres north of Lima and is one of the world’s largest copper and zinc operations.
The Antamina copper-zinc mine is jointly owned by BHP, Glencore, Teck Resources, and Mitsubishi. BHP and Glencore each hold a 33.75% interest, Teck holds 22.5%, and Mitsubishi holds 10%.
The Antamina copper-zinc mine in Peru, co-owned by BHP, Glencore, Teck Resources, and Mitsubishi. [BHP]
In the 2025 calendar year, on a BHP share basis, the operation produced 124,200 tonnes of copper, 129,400 tonnes of zinc, and 5.4 million ounces of silver.
Silver is a byproduct at Antamina. Most of the mine’s value sits in copper and zinc. By streaming the silver, BHP frees up capital without giving away any of that core output.
Why BHP Did This Deal
This is not a distressed sale. The transaction allows BHP to monetise silver while retaining full exposure to copper, zinc, and lead production from its share of the large-scale, long-life asset.
BHP improved its capital flexibility through this US$4.3 billion silver-streaming agreement. The structure unlocked value without adding debt. Management indicated that proceeds would support copper expansion plans, including advancements at Escondida and projects within Copper South Australia, as well as the Vicuna joint venture.
That strategic direction is consistent with BHP’s broader shift toward copper as a core growth pillar. For more on that transition, see Colitco’s coverage of BHP’s share price outlook amid its copper growth push and BHP shares hitting a record high on FY26 earnings.
What Wheaton Precious Metals Gets
For Wheaton, this is a major portfolio expansion.
Upon closing, Wheaton receives a combined 67.5% of all the silver produced from Antamina, up from the 33.75% previously delivered under the existing Glencore silver stream.
The silver stream is expected to increase Wheaton’s 2026 production by 11.3% on a pro forma basis. At US$4.3 billion, the investment represents only 6.5% of the company’s total market capitalisation, underscoring strong accretion and strategic fit within its overall portfolio.
The incremental exposure to Antamina will increase Wheaton’s total estimated proven and probable silver reserves by 66 million ounces, measured and indicated silver resources by 38 million ounces, and inferred silver resources by 110 million ounces.
With Wheaton’s exposure …
Auric Mining Names Processing Lead to Drive Burbanks Mill Development
Auric Mining Limited (ASX: AWJ) (“Auric” or “the Company”) has appointed Mr. Scott Bailey to the executive role of Processing Lead, tasking him with heading the development and construction of the Burbanks Processing Facility at Coolgardie, Western Australia. Scott will commence with the Company on 20 April 2026.
The appointment arrives at a critical point for the Company. Auric acquired the Burbanks gold processing plant for $4.4 million in 2025, having identified the asset as a long-term pathway toward owning its own processing capacity. Getting the right person to lead that build-out has been a stated priority.
Figure 1: Auric Mining’s project footprint in Western Australia’s Eastern Goldfields, showing the proximity of its producing and development assets to the Burbanks processing facility. [Auric Mining]
Scott Bailey’s Credentials Fit the Burbanks Brief
Scott Bailey brings a career developed entirely in Western Australia’s gold mining industry. He began his working life at the original Burbanks Mill, which gives him a direct and personal connection to the facility the Company is now working to bring back to life.
From those early operational roles, Bailey worked through successive positions of increasing responsibility. His career has taken him through KCGM and Westgold Resources before his most recent role as Corporate Group Processing Manager at Black Cat Syndicate.
At Black Cat, he was central to two projects that will be of particular interest to Auric investors:
- The acquisition and recommissioning of the Lakewood Processing Plant.
- The refurbishment and restart of the Paulsen’s Gold Mine, which was delivered ahead of schedule and under budget.
Bailey also managed all of Black Cat’s day-to-day gold operations during his tenure. That operational depth, across both development and production phases, is the profile Auric needed for this role.
Leadership’s Take on the Appointment
Auric Chairman Steve Morris was direct about what this appointment means for the Company’s broader development plan.
“The development of Burbanks is a key plank in our transition to a fully integrated gold producer in our own right. And critical to that is putting together the team who can deliver that facility,” said Mr. Morris.
“Scott’s experience with Black Cat at the Lakewood Mill and his previous roles show that he is, we believe, the best person to plan and deliver Burbanks as a facility of the right size, at the right cost and in the best timeframe to allow us to achieve that status.”
Managing Director Mark English framed the appointment in equally clear terms.
“Scott’s appointment solves a major piece of our development and construction puzzle,” said Mr. English.
“Importantly, it lets our shareholders and everyone know how intent and focused we are on getting Burbanks up, running and operational again. It will ultimately put us in total control of our destiny. In our view: own the infrastructure, own the cash flow.”
English also flagged the broader market context driving the urgency. “Particularly in this market, where toll milling opportunities are diminishing. We have a clear strategy and focus in Auric becoming an integrated mining house in our own right.”
Why the Burbanks Mill Matters for Auric Mining’s Growth Plan
To understand the significance of this appointment, it helps to understand why the Company pursued Burbanks in the first place.
Auric has built its production track record using toll milling arrangements, where ore is transported to a third-party mill for processing. That model has worked well enough to generate profits, but it comes with limitations on cost control, scheduling, and margin capture.
Figure 2: Photograph of the Burbanks Processing Facility site near Coolgardie, WA. …
Vulcan Energy Appoints Roberto Gallardo as Non-Executive Director After Strategic Investment
Board Appointment Follows HOCHTIEF Investment Deal
Vulcan Energy announced the appointment of Roberto Gallardo as a non-executive director, effective immediately. The Company confirmed the development in an official ASX release dated 1 April 2026. The move follows a major investment by HOCHTIEF as part of Vulcan’s broader financing package announced in December 2025.
The financing arrangement included a €39 million (A$69 million) investment in the Lionheart Project entity. It also involved a cornerstone subscription of €130 million (A$232 million) in Vulcan shares. HOCHTIEF now holds a 15.41% stake in the Company. This investment gave HOCHTIEF the right to nominate a director to Vulcan’s board, leading to Gallardo’s appointment.
Vulcan Energy’s Lionheart Project site in Europe is central to the Company’s lithium and renewable energy strategy. [Australian Mining]
Strategic Partnership Expands Role in Lionheart Project
The agreement between Vulcan and HOCHTIEF extends beyond equity investment. HOCHTIEF and its subsidiary Sedgman secured roles as engineering, procurement, and construction management contractors for the Lionheart Project. The companies won the contracts through a competitive tender process.
This development strengthens the partnership between Vulcan and HOCHTIEF in delivering the Lionheart Project. The project forms a central part of Vulcan’s strategy to develop lithium and renewable energy assets in Europe. The collaboration aligns financial backing with operational execution.
HOCHTIEF and Sedgman have been engaged to deliver engineering and construction management for the Lionheart Project. [Construction Briefing]
Roberto Gallardo Brings Global Infrastructure Expertise
Roberto Gallardo currently serves as Chief Strategy Officer at HOCHTIEF and President and Executive Director at CIMIC Group. Both companies operate under the ACS Group, a global infrastructure and engineering organisation. The ACS Group employs more than 160,000 people worldwide and reported revenue of €49.9 billion in 2025.
Gallardo brings more than 30 years of international experience in infrastructure investment, construction, and business development. His work spans regions including the Americas, Europe, and Australia. His background supports Vulcan’s focus on large-scale project development and execution.
Roberto Gallardo brings over 30 years of experience across Europe, the Americas, and Australia. [Thiess]
Academic Background and Professional Credentials
Gallardo holds a Bachelor of Science in Civil Engineering and a Master of Science in Urban Planning. He completed both degrees at ETSI Caminos Canales y Puertos in Madrid. His academic training complements his practical experience in managing complex infrastructure projects.
His career includes leadership roles in multinational organisations and involvement in major infrastructure developments. This combination of technical knowledge and executive experience positions him to contribute effectively at the board level.
Board Highlights Governance and Leadership Strength
Vulcan Energy Chair Dr Francis Wedin addressed the appointment in the company’s statement. He highlighted Gallardo’s experience in large-scale infrastructure and its relevance to the Lionheart Project.
“We are pleased to have someone of Roberto’s calibre join our Board. He brings valuable skills and experience in the construction of large-scale, global infrastructure projects, which will be of significant benefit to Vulcan as we construct Project Lionheart,” Wedin said.
Wedin also noted Gallardo’s governance experience across multiple international markets. “He also has extensive management and corporate governance experience, having been a Director of several listed companies across jurisdictions including the US, Chile, Peru, Spain, Portugal, Denmark, and Australia.”
Focus on Governance and International Experience
Gallardo’s experience includes serving as a director across various global jurisdictions. His exposure to different regulatory environments strengthens the board’s oversight capabilities. This experience supports Vulcan’s operations as it expands its presence in international markets.
The board expects his input to improve governance standards and decision-making processes. His knowledge of corporate structures and compliance frameworks will support long-term strategic planning. This approach …
St George Mining Forges Groundbreaking Alliance with Boston Metal to Revolutionize Niobium Processing at Araxá
St George Mining Limited (ASX: SGQ) (“St George” or the “Company”) has taken a bold step forward in its ambition to become a global leader in sustainable niobium production. The Company announced today that it has signed a Memorandum of Understanding (MoU) with Boston Electrometallurgical Corporation (Boston Metal) to trial a cutting-edge, electrified metals processing technology at its 100%-owned Araxá niobium-REE Project in Minas Gerais, Brazil.
The alliance positions St George at the forefront of next-generation metals processing, with the potential to fundamentally change how the world produces ferroniobium, a critical alloy used in high-strength steel manufacturing and advanced technologies.
Figure 1: An aerial view highlighting the Barreiro carbonatite complex, with St George Mining’s Araxá Project marked by a red boundary. [St George Mining]
What is Molten Oxide Electrolysis (MOE)?
At the heart of this partnership lies Boston Metal’s patented Molten Oxide Electrolysis (MOE) technology, a platform developed at the world-renowned Massachusetts Institute of Technology (MIT) and commercialized by Boston Metal. MOE electrifies metals production through a highly selective and efficient process that enables the use of a wide range of feedstocks, including low-grade raw materials.
Unlike the traditional ferroniobium production process, which involves:
- Beneficiation through flotation
- Refining through hydrometallurgy (e.g., leaching)
- Conversion through an energy-intensive aluminothermic process
MOE has the potential to simplify beneficiation and eliminate the refining and conversion steps (in italic). This translates into significantly lower costs, reduced waste, and a material reduction in carbon emissions.
An added commercial benefit arises from processing slag: it is likely to contain a high concentration of rare earths, potentially lowering overall costs in the rare earth production flowsheet. This dual advantage enhances the Araxá Project’s economic proposition.
Figure 2: Diagram showing Boston Metal’s process that operates in modular MOE cells, with each unit roughly the size of a school bus.
Boston Metal: A World-Class Technology Partner
Boston Metal has attracted over US$500 million in investment from a world-class syndicate that includes global heavyweights such as BHP, BMW, Microsoft, ArcelorMittal, Vale, and Aramco. Its MOE technology has earned remarkable global recognition:
- Winner of the inaugural S&P Global Platts Metals Award for new technology in the metals and mining industry
- Named by TIME Magazine as one of its Top 100 Influential Companies in 2024
- Featured on TIME Magazine’s Best Inventions List in 2025
Boston Metal is currently commissioning its first commercial plant in Brazil to produce high-value, critical metals, including niobium, making this partnership a natural strategic fit.
Leading the Company is Mr. Tadeu Carneiro, a seasoned metallurgical engineer who spent nearly 30 years at CBMM, the world’s largest niobium producer, including a decade as CEO during which he led an extraordinary 800% increase in the global niobium market. Mr. Carneiro is also the lead independent director at Ivanhoe Mines.
Figure 3: Boston Metal’s Brazilian Subsidiary – Boston Metal do Brasil [Boston Metal]
What the Alliance Means for St George
Under the MoU, the two companies will collaborate to develop a flowsheet for ferroniobium production using the MOE technology. Each party will bear its own costs throughout the relevant workstreams. Boston Metal will apply its proprietary technology to test work on St George’s niobium material from the Araxá Project, to assess MOE’s application for commercial ferroniobium production.
Importantly, the MoU does not create an obligation of exclusivity for either party. St George retains full freedom to pursue additional partnerships and transactions involving the Project, a prudent structure that preserves optionality.
In parallel, the Company is also completing metallurgical test work using traditional processing methods that have been successfully employed in the Araxá region for over …
Turaco Gold Lifts Afema Resource to 4.65Moz in Major 2026 Upgrade
Turaco Gold has expanded its Afema Project resource in Côte d’Ivoire to 4.65 million ounces, the company’s third upgrade in under two years and the clearest signal yet that the project is maturing into something substantial.
The March 2026 Mineral Resource Estimate follows an extended drilling campaign across seven deposits on the Afema shear corridor, all sitting within a 10-kilometre radius of each other.
Afema Gold Project, Côte d’Ivoire — 2026 Mineral Resource Expansion [Turaco Gold]
The resource now stands at 115.3 million tonnes at 1.3 grams per tonne. Since the maiden estimate in 2024, Turaco has added more than two million ounces, a rate of growth that has few recent parallels in the region.
Managing Director Justin Tremain pointed to geology, drilling intensity and the sheer scale of the mineralised system.
“Afema continues to demonstrate exceptional growth potential, with several deposits still open along strike and at depth,” he said.
Tremain noted that shallow mineralisation and strong recoveries have helped the company move quickly through resource modelling.
A Rapid Rise Over Eighteen Months
The maiden Afema MRE, released in August 2024, outlined a promising but early system. By May 2025, it had reached 3.55Moz. October brought another jump to 4.06Moz. The latest update adds 590,000 ounces on top of that, driven by drilling at Woulo Woulo, Adiopan, Asupiri, Toilesso, Anuiri, Begnopan, Herman and Jonction.
Most deposits sit close together, linked by the Afema shear, a structure that had been identified as prospective for years before Turaco moved in. The exploration program has drawn on RC and diamond drilling, geophysics, soil sampling and auger drilling, with JORC-compliant modelling handled by independent consultants.
Metallurgical test work completed in 2025 returned recoveries of between 84.4% and 90.3% across key deposits. Those numbers fed into pit optimisations based on a gold price assumption of US$3,250 per ounce, underpinning the resource classification.
A Strengthening Position in Côte d’Ivoire’s Mining Landscape
Gold output in Côte d’Ivoire has risen sharply over the past decade. Where Burkina Faso and Mali once dominated West African exploration coverage, the Ivorian government’s permitting framework and investment climate have drawn increasing interest from developers.
Afema’s growth adds to that picture. For Turaco specifically, it firms up the company’s standing among ASX-listed West African explorers. The company closed 2025 with A$68 million in cash, giving it room to push toward development while keeping the drills turning.
The scale of the resource has drawn comparisons to other multi-million-ounce projects in the region. With several corridors still underexplored, the argument for further growth has not weakened.
Drilling Strategy and Technical Work Behind the Growth
Turaco ran multiple rigs through 2025, working first on near-surface delineation before extending along strike. The sequencing allowed the company to build inferred and indicated ounces without losing pace across multiple deposits at once.
Gradient array IP surveys mapped chargeability anomalies and sharpened drill targeting. Soil geochemistry defined high-priority structures, many of which are still producing strong intercepts.
All seven deposits in the MRE remain open, with the most immediate growth expected at Woulo Woulo, Herman, Jonction, Adiopan and the Niamienlessa tren, a 25-kilometre corridor that has seen minimal drilling.
Turaco’s multi-rig drilling program has driven rapid resource growth. [Small caps]
Infrastructure, Location and Permitting Advantage
Afema sits roughly 120 kilometres east of Abidjan, near the Ghanaian border. Sealed road access, nearby power infrastructure and a mining permit valid through 2033 reduce the logistical friction that slows many greenfield projects at this stage.
Côte d’Ivoire’s mining code has a reputation for relative clarity on permitting and land-use approvals.
The government has pushed for …
St George Mining Forges Strategic European Alliance to Unlock World-Class Araxá Rare Earths
St George Mining Limited (ASX: SGQ) has taken a significant...
Auric Mining Achieves Record $5.2 Million Profit after Tax Amid Landmark Transition to Gold Producer
Auric Mining Limited (ASX: AWJ) has concluded a...
ASX Aluminium Stocks Surge as Iranian Attacks Hit Middle East Smelters
Shares in Australian aluminium producers surged on 30 Mar 2026 after Iranian attacks over the weekend struck major smelter facilities across the Middle East. The attacks have added a new and acute dimension to the Middle East conflict aluminium supply story, which had already been disrupted by the closure of the Strait of Hormuz. Investors moved quickly into the best aluminium stocks 2026 has put on the radar, as the prospect of a significant global supply shortfall came into sharp focus.
Figure 1: Rising stock chart with stacked coins illustrating market gains amid aluminium supply shock [Courtesy: LinkedIn]
The sell-off in Gulf aluminium capacity, combined with pre-existing transit disruptions, has materially shifted the ASX aluminium stock forecast for producers with operations outside the affected region. Australian companies with exposure to aluminium production are now being repriced to reflect a tighter global supply outlook.
Middle East Smelters Take Direct Hits
The scale of the damage across Gulf aluminium facilities over the weekend goes well beyond a temporary disruption, raising serious questions about near-term global production capacity.
Aluminium Bahrain Assesses Facility Damage
Aluminium Bahrain, which operates one of the world’s largest aluminium smelters, confirmed on Sunday that its facility sustained damage following Iranian attacks over the weekend. The Company confirmed that two employees sustained minor injuries and stated that it was assessing the extent of the damage to its facilities while remaining focused on maintaining operational resilience and the safety of its employees.
The damage compounds an already difficult operating situation for the facility. Aluminium Bahrain had previously shut down Lines 1, 2, and 3 at its site as an operational measure to preserve business continuity amid ongoing supply and transit disruptions affecting the Strait of Hormuz. Those three lines together represent 19% of the Company’s total production capacity of 1,623,000 metric tonnes per annum (Mtpa).
Emirates Global Aluminium Also Hit
Emirates Global Aluminium, which describes itself as the number one premium aluminium producer in the world, also sustained reported significant damage at its site following missile and drone attacks. The Company accounts for 4% of global aluminium production and cast 2.83 million metric tons (Mt) of metal in 2025.
Figure 2: Industrial metal processing highlighting aluminium production activity [Courtesy: Freepik]
The Reuters report on the attacks noted that aluminium suppliers in the Persian Gulf region had already been unable to ship to world markets due to the closure of the Strait of Hormuz. The combination of physical damage and logistics disruption significantly narrows the range of scenarios in which Gulf aluminium supply returns to normal quickly, reinforcing the bullish read on the ASX aluminium stock forecast.
ASX Aluminium Stocks Jump Sharply on Supply Shock
With Gulf supply constrained and the Middle East conflict aluminium narrative now escalating, Australian producers have emerged as some of the clearest near-term beneficiaries of the disruption.
Alcoa Leads the Pack With a 9.2% Surge
The following moves were recorded across the best aluminium stocks 2026 on the ASX in early trade on 30 Mar 2026:
- Alcoa Corporation (ASX: AAI) surged 9.2%, trading at A$93.84 per share, leading all Australian aluminium producers on the day
- South32 Ltd (ASX: S32) climbed 6.3% in early trade, reflecting its meaningful aluminium production exposure
- Rio Tinto Ltd (ASX: RIO) rose 2.9% to A$157.64 per share, supported by its Queensland smelting operations
The moves reflect the market’s rapid repricing of Middle East conflict aluminium supply risk into the valuations of producers outside the affected region. For Alcoa in particular, the scale of the gain signals a strong conviction that a sustained supply shortfall is now a live scenario.
Rio Tinto’s
…
IGO Copper Wolf Ownership Consolidation Update
IGO Limited (ASX: IGO) announced on 30 Mar 2026 that it has entered into a binding agreement to acquire the remaining 49% joint venture interest in the Copper Wolf Project in Arizona, USA. The IGO ownership update details a cash consideration of approximately A$6.15 million, subject to shareholder approval from Buxton Resources Limited (ASX: BUX), from whom the interest is being acquired.
Figure 1: IGO Limited logo [Courtesy: LinkedIn]
The Copper Wolf Metals consolidation explained simply: IGO is buying out its joint venture partner and taking the Project to 100% ownership. The acquisition will be executed through IGO’s wholly owned subsidiary IGO US Project LLC, which will acquire the stake from Buxton Resources Arizona LLC, a wholly owned subsidiary of Buxton Resources Limited.
What the Copper Wolf Acquisition Covers?
This IGO Copper Wolf corporate announcement confirms a clean and complete transfer of joint venture interest, giving the Company full control over a geologically compelling Project area in one of the world’s most significant copper belts.
Full Ownership of a 12.5 Square Kilometre Project Area
Upon completion, IGO will hold 100% ownership of the central Copper Wolf Project area, spanning approximately 12.5 square kilometres. The IGO ownership update details include the Bobcat target, where drilling in 2023 returned 405 metres at 0.35% copper and 0.05% molybdenum, as well as the supergene blanket at the Rattler target.
Figure 2: Map showing the Copper Wolf Project location within the Arizona copper belt [Courtesy: Mining.com.au]
The existing earn-in and joint venture arrangements that IGO had entered into with Buxton in 2022 will be terminated upon completion of this transaction.
The Copper Wolf Metals consolidation explained in this announcement reflects a deliberate structural simplification by IGO, removing the complexity of a shared ownership model.
A Project Positioned in a Globally Significant Copper Belt
The geological setting of Copper Wolf is central to understanding why IGO has moved to consolidate full ownership at this stage of exploration.
The Copper Wolf Project is located within one of the most prolific porphyry copper belts globally. Previous mapping and drilling have confirmed porphyry-style mineralisation and alteration throughout much of the Project area.
IGO is now focused on a targeted drilling programme, planned for the first half of FY27, with results expected to inform the next steps for the Project.
IGO Managing Director Explains the Strategic Logic
The IGO Copper Wolf corporate announcement was accompanied by a direct statement from the Company’s leadership, making clear how this transaction fits within IGO’s broader growth ambitions.
Ivan Vella Frames the Deal as Disciplined and Aligned
IGO Managing Director and Chief Executive Officer Ivan Vella stated:
“Consolidating full ownership of Copper Wolf is a logical and disciplined step aligned with IGO’s growth strategy to discover, develop and deliver battery minerals, including copper. The transaction simplifies the asset structure and provides IGO with direct exposure to an area with highly prospective geological potential in the globally significant Arizona copper belt.”
Figure 3: Ivan Vella, Managing Director and CEO of IGO Limited [Courtesy: Mining.com]
Vella added that further work will be determined by the outcome of drilling in the Project area and that the Company looks forward to providing updates as the programme progresses. The IGO ownership update details a management team that is approaching the Project with measured confidence rather than aggressive capital deployment at this stage.
Battery Minerals Strategy Drives the Copper Wolf Focus
The Copper Wolf Metals consolidation explained here sits squarely within IGO’s stated ambition to build exposure to battery minerals. Copper is increasingly central to that strategy, given its role in electric vehicle infrastructure, grid-scale energy …
Fortuna Metals Unlocks High-Grade Rutile in Malawi Amid Global Titanium Supply Crunch
Fortuna Metals (ASX: FUN) confirms a rutile discovery at the Mkanda project in Malawi. The company identifies mineralisation across 18 square kilometres through an exploration programme.
High-grade results from the drilling programme include hole MHA0023, which yielded 10 metres at 1.66% rutile, terminating in mineralisation at 1.59%. Additionally, drill hole MHA0050 returned 10 metres at 1.62% rutile, featuring a peak terminal grade of 2.15%.
Anomalies covering 37 square kilometres confirm the presence of surface titanium and graphite. Phase 1 soil sampling and hand auger drilling have solidified the discovery, with XRD and QEMSCAN analysis verifying rutile as the primary titanium mineral.
- Drill hole MHA0020 shows 10 metres at 1.32% rutile.
- Drill hole MHA0057 yields 9 metres at 1.30% rutile.
- Drill hole MHA0046 returns 10 metres at 1.23% rutile.
Figure 1: Fortuna Metals Project in Malawi [FUN]
Supply Constraints and Demand Growth
Global titanium supply is currently facing a sharp decline, with rutile production falling 44% from its 2017 peak. This shortage is exacerbated by mine closures in Kenya in 2024 and reduced output from Australia in 2025.
As supply tightens, demand is surging within the aerospace and defence sectors. High-performance aircraft like the F22 Raptor are comprised of 40% titanium by weight, highlighting the metal’s critical role in modern defence.
The United States currently imports 100% of its titanium requirements, reporting zero domestic sponge production in 2025. Simultaneously, the rise of humanoid robotics is creating a new frontier for demand, specifically for titanium-based joints and actuators.
With each robotic unit requiring 3 to 6 kilograms of Ti-6Al-4V alloy, Goldman Sachs forecasts a production rate of 1.4 million units annually by 2035. This emerging market could potentially increase titanium production requirements by 200 times.
- Titanium reduces weight by 45% compared to steel.
- Alloys provide strength three to five times greater than stainless steel.
- The metal resists corrosion in coastal and offshore environments.
- The iPhone 15 Pro utilises a titanium frame.
- Titanium pairings with niobium optimise superconductors.
Figure 2: Global Titanium Market
Corporate Management and Technical Teams
Fortuna Metals (ASX: FUN) is spearheading exploration in Malawi with a market capitalisation of $18.06 million and an enterprise value of $10.86 million.
Backed by $6.991 million in cash as of December 2025, the company is led by CEO Tom Langley, who brings 14 years of specialised experience in exploration and mining.
Langley, an alumnus of the University of Western Australia with a Master’s in Economic Geology, previously led the discovery of the Lyons rare earths project. He is supported by Non-Executive Chairman Peter Pawlowitsch.
Pawlowitsch offers 20 years of expertise in capital markets and is a Fellow of the Governance Institute of Australia. The board also includes Non-Executive Directors Brian Thomas and David Frances.
Thomas previously chaired Azure Minerals during a $1.7 billion takeover. Frances brings 30 years of experience in discovery and operation of assets in Africa. Matt Foy serves as the Company Secretary.
- Hilton Banda serves as Country Manager through Akatswiri Resources.
- Richard Stockwell acts as the Resource Geologist.
- David Bougourd manages metallurgy and planning.
- Sovereign Metals operates as a neighbour to the project.
- Rio Tinto holds an 18% stake in Sovereign Metals.
- Mitsui and Traxys maintain memorandums of understanding for offtake.
Regional Infrastructure and Logistics
Located in Malawi’s Central Region, the project covers 658 square kilometres and sits just 20 kilometres south of the major Kasiya deposit.
The site is conveniently situated 30 kilometres from the capital, Lilongwe, with bitumen road access. Additionally, 90% of the land has already been cleared by local farming activity.
Logistics are bolstered by the Nacala rail line, located 11 kilometres away, which connects …
US Stock Market Slides Amid Worries of Extended Middle East Conflict
US equity markets staged their worst single-session selloff in months on Thursday, March 27, as escalating fears over a prolonged Middle East conflict rattled investor confidence and sent oil prices surging above $100 a barrel. The S&P 500 fell 1.74%, the Nasdaq shed 2.38%, and the Dow Jones Industrial Average dropped roughly 1%, dragging all three major indices to their lowest closing levels since late 2025.
US stock markets fall sharply as geopolitical tensions in the Middle East drive investor panic and global uncertainty.[Investopedia]
Stocks Crater as Pentagon War Plans Leak and Oil Tops $100
US stocks fell sharply on Thursday following an Axios report that the Pentagon is actively developing extensive military options against Iran, prompting President Trump to warn that Iran had “better get serious soon, before it is too late.”
The threat of a broader conflict sent shockwaves through financial markets, with WTI crude oil surging more than 5.4% to settle near $100 a barrel and Brent crude climbing over 4% to around $112. Eight of the eleven primary S&P 500 sectors closed in the red, with communication services and technology leading losses.
The selloff accelerated as traders priced in the risk of supply disruptions through the Strait of Hormuz, a critical chokepoint for global energy shipments.
The closure of the strait has already been causing disruptions to energy supplies, and any further escalation threatens to deepen the inflationary shock hitting economies worldwide. The S&P 500 closed at 6,477, its lowest level since September 2025.
Major US indices, including the S&P 500 and Nasdaq, slide as fears of a prolonged Middle East conflict intensify. [TradingView]
Why This Sell-Off Is Different and Why Investors Should Pay Attention
The market reaction underscores how geopolitical risk has re-emerged as a dominant driver of asset prices in 2026. A sustained conflict in the Middle East would keep energy prices elevated, fuelling inflation at a time when central banks are already navigating a delicate balancing act between growth and price stability.
Higher oil costs feed directly into consumer prices, corporate margins, and transportation costs, creating a compounding headwind for the global economy.
Key Takeaways
- Investors should brace for continued volatility — the S&P 500 has now lost ~9% from its January record, and the Nasdaq has entered correction territory (down ~11%).
- Energy stocks are a near-term beneficiary — Valero Energy rose 5%+, and Occidental Petroleum gained 4%+ as oil prices surged.
- Fed rate-cut bets have reversed sharply — money markets now price a ~60% chance of a rate hike in 2026, versus expectations of two cuts just weeks ago.
- Companies with Middle East exposure face direct earnings risk — furniture maker MillerKnoll plunged 22%+ after citing the conflict as a driver of weaker guidance.
Trump, the Pentagon, and Iran: The Key Players Moving Markets
The United States government and its military apparatus are central to the story, with the Pentagon reportedly preparing options for strikes against Iran amid stalled nuclear negotiations. President Trump has taken a hard public line, issuing direct warnings via social media. On the market side, the Federal Reserve is a key actor — its policy trajectory has shifted materially as inflation risks mount.
Secondary Stakeholders
- Iran — The primary geopolitical counterparty; its response to US threats determines the conflict’s escalation path.
- OPEC+ member states — Any supply disruptions through the Strait of Hormuz would affect the broader cartel’s output and pricing power.
- US energy companies — Valero, Occidental, and other oil majors are direct beneficiaries of elevated crude prices.
- MillerKnoll / multinational corporates — Companies with Middle East supply chains or customer
Carbonxt Group Steers 15.7% Revenue Growth and Kentucky Breakthrough as PFAS Demand Surges
Carbonxt Group Limited (ASX: CG1), the Australian-listed activated carbon developer and manufacturer, has delivered a compelling half-year performance for the period ended 31 December 2025. Under the leadership of Managing Director Warren Murphy, the Company posted revenue of $8.50 million, a 15.7% increase on HY25’s $7.35 million, while making critical strides toward the commissioning of its flagship Kentucky production facility.
With gross margins expanding, operating cash flow turning positive, and regulatory tailwinds accelerating, Carbonxt is positioning itself firmly at the intersection of cleantech and environmental compliance.
Figure 1: Carbonxt Group Limited logo [Source: Carbonxt Group]
Warren Murphy: Driving the Strategy Forward
Warren Murphy has been the driving force behind Carbonxt’s disciplined growth strategy. As Managing Director, Murphy has consistently prioritised a combination of pricing discipline, improved product mix, and deliberate capital deployment — qualities that show clearly in the HY26 numbers.
Figure 2: Warren Murphy, Managing Director of Carbonxt [Source: Carbonxt Group]
Commenting on the half-year result, Murphy described the performance as reflecting “a materially improved margin profile and stronger contracted sales position.” He was direct about the temporary ACP delivery disruption caused by a maintenance outage at the Black Birch facility in Georgia, confirming that those deferred volumes are being recovered under existing contracts in 2HFY26.
The Company has methodically increased its ownership in New Carbon Processing, LLC — the joint venture operating the Inez Power Activated Carbon Plant in Inez, Kentucky — from a minority stake to 47.4%, with a stated target of 50%. Each capital raise, convertible note issuance, and shareholder placement over the past 12 months has been prioritised, in part, toward locking in greater control of this strategically vital asset.
“HY26 reflects a materially improved margin profile and stronger contracted sales position compared to the prior corresponding period. Regulatory momentum from tightening US EPA PFAS standards continues to support demand across our core markets.” – Warren Murphy, Managing Director
HY26 Financial Performance: Margin Expansion Tells the Real Story
The half-year revenue figure of $8.50 million comprised $4.50 million in Q1 FY26 and $3.83 million in Q2 FY26. The softer Q2 result reflects a temporary maintenance outage at the Black Birch facility, which deferred approximately $0.9 million in Activated Carbon Pellet (ACP) deliveries. Those contracted volumes are being recovered in the current quarter.
Figure 3: Carbonxt Group Financial highlights HY26 [Source: Carbonxt Group]
Beyond the top line, the margin story is where the most meaningful progress appears:
- Gross Margin: Gross margin reached 54%, up five percentage points from 49% in the prior corresponding period — the highest margin the Company has reported in recent periods
- Positive Operating Cash Flow: Net cash from operating activities turned positive at $0.66 million for the half, compared to a net outflow in the prior period
- PAC Revenue: Powdered Activated Carbon (PAC) contributed approximately 57% of revenue, anchored by the long-term ReWorld contract
- ACP Revenue: Activated Carbon Pellets (ACP) accounted for the remaining 43%, with Q1 showing strong volume growth before the Black Birch disruption
The Kentucky Facility: The Asset That Changes Everything
The Kentucky facility is the centrepiece of the Company’s growth narrative, and HY26 brought it meaningfully closer to commercial production. During the period, the Company completed several critical commissioning milestones:
- Kiln construction was completed, and the refractory lining was heat-treated
- Back-end infrastructure — including bagging lines, conveyors, and additional storage silos — was installed and integrated
- An on-site power station was brought online to support commissioning activities
- Remediation works to support system redundancy were advanced
The Kentucky plant carries an initial capacity of 10,000 tonnes per annum, with a scalable pathway to 20,000 tonnes …
Nickel Industries Boosts 2026 Ore Output to 14.3M Tonnes
Hengjaya Mine Wins Key Production Approval
Nickel Industries Limited announced on 25 March 2026 that its Hengjaya Mine has received approval to increase its 2026 RKAB nickel ore sales license from 9.0 million to 14.3 million wet metric tonnes (wmt). The approval marks the final regulatory step required for the company’s annual production planning.
Nickel ore operations at Hengjaya Mine as production capacity expands under new RKAB approval. [Petromindo]
The company also confirmed a binding 15-year ore supply agreement to deliver a minimum of 9.2 million wmt of limonite ore annually to the Excelsior Nickel Cobalt (ENC) project. Managing Director Justin Werner said the approval “provides certainty of supply” while the long-term deal enhances earnings visibility. Notably, there was a 14.3 million wmt approved for 2026 (up from 9.0 million wmt)
Shares of Nickel Industries Limited (ASX: NIC) jumped 6.78% to $0.945 after the announcement, with trading volume exceeding 16 million shares. The stock traded within a narrow range of $0.940 to $0.945, reflecting strong investor interest following the production boost and long-term supply deal.
What This Means for Global Nickel Demand
The increased production quota and long-term supply agreement strengthen Nickel Industries’ position in the global nickel supply chain, particularly as demand for electric vehicle (EV) battery materials continues to rise. Nickel is a critical component in lithium-ion batteries, making supply stability a key concern for manufacturers.
- Supply certainty: A higher quota ensures steady feedstock for processing operations
- Revenue visibility: 15-year contract reduces market uncertainty
- Cost efficiency: Shift to slurry pipeline lowers transport costs
- Sustainability angle: Reduced carbon intensity supports ESG goals
Key Stakeholders Driving the Expansion
Nickel Industries Limited is an ASX-listed mining company focused on nickel production in Indonesia. It operates the Hengjaya Mine and multiple rotary kiln electric furnace (RKEF) projects, producing nickel pig iron used in stainless steel and battery supply chains.
The ENC project will process limonite ore into battery-grade nickel products. [Petromindo]
Secondary Stakeholders
- Excelsior Nickel Cobalt (ENC): Key downstream processing project nearing commissioning
- Indonesian regulators: Approved the RKAB production quota
- EV battery manufacturers: Indirect beneficiaries of increased nickel supply
The Global Hotspot for Nickel Production
The development centres on the Hengjaya Mine in Indonesia, a major nickel-producing region. Nickel Industries is headquartered in Sydney, Australia, and listed on the Australian Securities Exchange (ASX).
While the announcement is Indonesia-focused, its impact is global. Indonesia is the world’s largest nickel producer, and supply changes directly influence global battery and stainless steel markets.
From Approval to Action: Key Dates
- Late 2025: Environmental approval (AMDAL) granted
- 18 Feb 2026: Initial RKAB quota issued
- 25 March 2026: Final RKAB approval confirmed
- End of March 2026: First ore delivery to ENC expected
Nickel Industries has steadily expanded its Indonesian operations, transitioning from nickel pig iron production toward battery-grade materials. This shift aligns with global EV demand growth and the company’s long-term strategy.
The Process Behind the Production Surge
The RKAB approval process involves environmental clearance followed by annual production quotas set by Indonesian authorities. After securing environmental approval in 2025, the company finalized its 2026 quota in March, enabling full-scale operations.
The ore supply agreement was negotiated as part of the ENC project ramp-up, ensuring a dedicated feedstock pipeline for processing.
Slurry pipeline system set to reduce transport costs and carbon emissions compared to trucking. [International Mining]
What Comes Next for Nickel Industries
Nickel Industries plans to apply for further quota increases later in 2026 as ENC ramps up production. The project is expected to produce around 72,000 tonnes of nickel annually, expanding the company’s footprint in the EV battery supply chain.…
Rio Tinto Smelter That Could Have Closed Just Got a $2 Billion Lifeline
Australia’s second-largest aluminium smelter will stay open until at least 2040 after Rio Tinto, the Queensland Government, and the Commonwealth struck a $2 billion funding agreement to keep Boyne Smelters Limited running beyond its expiring power contract.
The deal, announced on 25 March 2026, secures roughly 3,000 jobs in Gladstone and positions the facility as one of the world’s first major aluminium smelters to run primarily on solar and wind power.
Rio Tinto and Governments Strike Landmark Boyne Smelter Agreement
The Queensland and Commonwealth Governments will each invest $1 billion over the next 10 years, with funding running through to 2040. The agreement forms part of the Federal Government’s Future Made in Australia initiative and finalises a previously announced partnership between Queensland and Rio Tinto.
Rio Tinto’s side of the deal is considerably larger. The mining giant will underwrite close to $7.5 billion in new renewable energy generation and transmission infrastructure across central Queensland.
Rio has also added a new offtake agreement, taking 40% of Lightsource bp’s Lower Wonga solar and battery hybrid project near Woolooga, northwest of Gympie. The agreement equates to 112 MW of solar capacity paired with roughly three hours of battery storage. That brings Rio Tinto’s total contracted renewable capacity in Queensland to more than 2.8 gigawatts across five projects.
Boyne Smelters Limited has been producing aluminium in central Queensland since 1982. [Boyne Smelters Limited]
Why the Boyne Aluminium Smelter Deal Matters for Queensland
Boyne’s current electricity contract expires in 2029. Without a new deal, the smelter faced an uncertain future in a power market where fossil fuel costs keep climbing. This agreement removes that uncertainty for at least a decade.
Federal Industry Minister Tim Ayres described the investment as one of the most significant decarbonisation commitments in Australian history. “With a considerable public investment, we are catalysing a fivefold private investment that will build out the renewable energy grid and keep thousands of good regional jobs in central Queensland,” he said.
Gladstone Mayor Matt Burnett put it plainly. “If we were to lose our aluminium industry, it would decimate our local economy,” he told the ABC. “A 10-year plan means they’re not just throwing a sugar hit at it, they’re investing over many years to make sure we have long-term secure jobs.”
The deal is also significant for Australia’s industrial sovereignty. Australia is unique in that it hosts the entire aluminium supply chain onshore, from bauxite mining through to finished products. Gladstone sits at the heart of that chain.
Rio Tinto Chief Executive on Boyne’s Future as a Renewables-Powered Smelter
Rio Tinto Aluminium and Lithium Chief Executive Jérôme Pécresse said the partnership positions Boyne to be among the world’s first aluminium smelters powered primarily by solar and wind.
“It also ensures heavy manufacturing like aluminium smelting can continue in Gladstone for the long term and preserves one of the few fully integrated aluminium value chains in the world, from bauxite mining to alumina refining to aluminium smelting, all in Queensland, as demand for aluminium continues to grow with the energy transition,” he said.
Gladstone Mayor Matt Burnett was equally direct about what was at stake. He told media that losing the aluminium industry would decimate the local economy and welcomed the 10-year timeframe as a genuine long-term commitment rather than a short-term fix.
Who Owns Boyne Smelters Limited and Who Backs This Deal
Boyne Smelters Limited is owned by Rio Tinto, which holds a 73.5% majority stake, with YKK Aluminium at 9.5%, UACJ at 9.29%, and Southern Cross Aluminium at 7.71%.
The public funding comes …
Asian Battery Metals: A Copper Explorer Positioned for the Copper Supercycle
Copper is having a moment. From record prices on the London Metal Exchange to a stampede of institutional capital rotating into the red metal, the structural bull case for copper has never been more compelling. Against this backdrop, an ASX explorer is quietly assembling a portfolio of copper assets in one of Asia’s most prospective jurisdictions, and the market appears to have barely noticed.
Asian Battery Metals PLC (ASX: AZ9) currently trades at a market capitalisation of roughly $12.1 million, yet it holds a growing cluster of copper, copper-nickel, and copper-gold projects in southwest Mongolia. The Company also boasts metallurgical results that would make a mid-tier producer envious.
Figure 1: Image of mining equipment at the Oval Cu-Ni-PGE Project site. [Source: Asian Battery Metals]
The Copper Supercycle Is No Longer a Theory
The copper market has undergone a dramatic transformation over the past 18 months. What began as a debate about energy transition demand has morphed into a full-blown supply crisis, pushed further by mine disruptions, tariff-driven stockpiling, and a structural deficit that multiple major banks now treat as a baseline assumption, not a tail risk.
Where Copper Prices Stand Today
- Copper hit a record high of $11,771 per tonne on the LME in December 2025 — its highest level in history
- A separate record of $13,387 per tonne was set in January 2026 on the back of tariff-driven pre-emptive buying
- J.P. Morgan Global Research forecasts copper averaging ~$12,075/t for full-year 2026, peaking at $12,500/t in Q2 2026
- BMI (a Fitch Solutions company) maintains a 2026 average forecast of $11,000/t, citing tightening supply and net-zero transition demand
- Goldman Sachs Research projects the LME copper price will reach $15,000 per tonne by 2035
The Demand Drivers Are Structural and Compounding
- Grid and power infrastructure will drive more than 60% of copper demand growth to 2030, per Goldman Sachs — effectively adding another United States of copper consumption
- Wood Mackenzie forecasts copper demand will rise 24% to 43 million MT per year by 2035 — requiring 8 million MT of new primary supply plus 3.5 million MT from scrap
- Data centre demand alone could reach 475,000 tonnes in 2026 — up ~110,000 tonnes on 2025 — as AI hyperscale facilities each require up to 50,000 tonnes of copper
- Battery EVs require 53.2 kg of copper per vehicle — more than double the 22.3 kg in a conventional car
- BloombergNEF warns copper may enter structural deficit as early as 2026, with a cumulative gap of 19 million tonnes by 2050 without new supply
The International Copper Study Group forecasts refined copper use will grow 2.1% to 28.73 million MT in 2026, outpacing production and creating a 150,000 MT deficit by year-end. The world needs more copper — and it needs it urgently. The projects entering the development pipeline today will command enormous strategic value in the decade ahead.
Gan-Ochir Zunduisuren: The Friedland Playbook, Applied in Mongolia
Figure 2: Gan-Ochir Zunduisuren, Managing Director of Asian Battery Metals, at JMM Conference. [Source: Asian Battery Metals / JMM Conference]
Before assessing the assets, it is worth understanding the person building the Company. Managing Director Gan-Ochir Zunduisuren brings more than 20 years of hands-on mining experience in Mongolia — from grassroots exploration through to underground production — and his career trajectory reads like a blueprint for what a world-class copper developer looks like in this part of the world.
The Oyu Tolgoi Connection
Critically, Gan-Ochir served on the board of Oyu Tolgoi — the mega-copper mine in Mongolia’s South Gobi that became the country’s defining mining project. Oyu Tolgoi was the flagship …
Barclays Stays Neutral on Tesla Stock as Terafab Plans Emerge
Tesla, Inc. (NASDAQ: TSLA) is back in the spotlight after Elon Musk revealed an ambitious new chip manufacturing venture over the weekend of 24 Mar 2026. Barclays analyst Dan Levy maintained an Equal Weight rating on the stock, backed by a US$360 price target, sitting 5.5% below the prevailing Tesla stock price today.
Figure 1: Tesla logo representing the electric vehicle and AI technology company [Courtesy: Reuters]
The venture, known as Terafab, is a joint project between Tesla and SpaceX. Musk described it as a facility capable of producing AI chips at 50 times the volume currently manufactured annually by all major global companies combined. The initial site is planned at Tesla’s Austin, Texas headquarters, with an expected investment of at least US$20 billion.
Barclays on the Tesla Stock Forecast 2026 and the Terafab Announcement
Levy Acknowledges the Scale While Maintaining Caution
Barclays analyst Dan Levy described the Terafab announcement as reinforcing the idea that chips are central to Tesla’s growth strategy over the next decade and beyond, and sit at the centre of the Company’s physical AI ambitions.
Levy noted, however, that he had underestimated the scale of targets Elon Musk would present, stating that he failed to grasp the sheer size of the ambitions outlined in the presentation.
Levy had previously anticipated Tesla would pursue significant chip aspirations and viewed the Terafab strategy as a response to supply constraints. The Tesla stock forecast 2026 from Barclays, however, remains cautious, with the US$360 price target reflecting the analyst’s view that near-term fundamentals do not yet support a more bullish position.
The Terafab Presentation and Its Long-Term Targets
Tesla’s Terafab presentation outlined what Levy described as a hyper-growth thesis. Among the targets presented was an ultra-long-term goal of 1 petawatt of compute, equivalent to 1,000 terawatts, or roughly 300 times the total electricity humanity uses at any given moment.
Levy noted that even if Tesla’s short-term business performance stays soft, investors who are already committed to the long-term story are likely to see this as more reason to stay invested, which could further strengthen what he described as the meme element of the stock.
Figure 2: Elon Musk presenting the Terafab chip venture alongside Tesla and SpaceX branding [Courtesy: X]
The semiconductor manufacturing industry is both highly complex and capital-intensive. Levy drew a comparison to Tesla’s 2020 Battery Day, where the Company set a target of 3 TWh of battery capacity by 2030, a goal it has so far fallen well short of. In his view, Terafab follows a similar pattern.
Barclays stated: “We view the announced Terafab project as a ‘show-me story,’ and expect to see much smaller-scale aspirations, at least in the near/mid-term.” While the scale of ambition is hard to ignore, Levy was not convinced the plans would translate quickly into results.
Terafab Capital Expenditure Estimates and Street Consensus
Barclays Views Its Own Bull Case as Dramatically Low
Levy acknowledged that his earlier spending estimate of US$50 billion or more for Terafab now looks far too conservative given what Tesla has laid out. He noted that the actual cost could run many times higher than that figure.
Despite this, Levy observed that TSLA bulls appear prepared for significant capital deployment, recognising that competing at that scale requires substantial investment.
On the broader Street consensus, Tesla stock carries 13 Buy ratings, 10 Hold ratings, and 7 Sell ratings, resulting in an overall Hold consensus. The average analyst price target stands at US$399.25, implying approximately 5% upside from the price at the time of the analysis.
Tesla FSD Subscription Cost and the Broader Product Context
Full
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State Government Streamlines $2.3 Billion Eva Copper Mine Development
The Queensland Government has designated the Eva copper mine a large resource project to accelerate the development of the north-west minerals sector. This declaration involves a $2.3 billion investment into the facility located near Cloncurry and Mount Isa.
Deputy Premier and Minister for State Development, Infrastructure and Planning Jarrod Bleijie formalised the status to provide a clear regulatory pathway for the site. He also extended the prescribed project declaration to ensure the Coordinator-General maintains oversight of the assessment process.
This administrative move simplifies the legal requirements for the mining operation. The extension grants the project team additional time to finalise the necessary permits and environmental approvals.
Queensland Designates Eva Copper as Large Resource Project
The Queensland Government officially categorised the Eva copper mine as a large resource project under the Strong and Sustainable Resource Communities (SSRC) Act 2017. This decision follows a review of the economic potential and the regional impact of the Harmony Gold Mining Company proposal.
Deputy Premier Jarrod Bleijie also renewed the prescribed project status for the development. This extension provides the Office of the Coordinator-General with the authority to manage various state and local government approvals.
The government intends for these measures to reduce delays in the construction phase. By streamlining the bureaucratic requirements, the state aims to bring the mine into production sooner.
The Coordinator-General Gerard Coggan issued the determination after assessing the project’s scale. This listing triggers specific obligations regarding local hiring and community investment.
Figure 1: Eva Copper Mine
Regional Economic Implications and Community Benefits
The project promises to deliver substantial economic benefits to the residents of north-west Queensland. It provides a foundation for long-term job security in the Mount Isa and Cloncurry districts.
The development supports the local economy by creating new employment opportunities. Local businesses gain access to procurement contracts during both the construction and operational phases.
The mine strengthens the regional copper supply chain. This stability benefits the broader metallurgical sector and maintains Queensland’s position in the global resources market.
- The project generates state revenue through royalty payments and taxes.
- The investment encourages further exploration in the North West Minerals Province.
- The framework ensures that local communities retain a share of the resource wealth.
The focus on local employment reduces the reliance on fly-in, fly-out workforces. This approach supports the population growth and social fabric of regional towns.
Corporate Proponents and Industrial Partnerships
Harmony Gold Mining Company serves as the primary proponent and owner of the Eva copper project. The company recently completed its feasibility studies and confirmed a final investment decision in late 2025.
The Queensland Government plays a central role through the Department of State Development, Infrastructure and Planning. Deputy Premier Jarrod Bleijie and Coordinator-General Gerard Coggan lead the regulatory and planning support.
Industrial partners provide the technical expertise and equipment required for the site. Metso holds the contract to supply the necessary machinery for the mining operations.
Glencore interacts with the project by providing processing facilities at its Mount Isa copper smelter. This partnership links the new mine with existing industrial infrastructure in the region.
The local communities of Mount Isa and Cloncurry represent the primary stakeholders. Their workforce and businesses will form the backbone of the mine’s day-to-day activities.
Figure 2: Queensland’s copper sector development
Strategic Position within the North West Minerals Province
The Eva copper project occupies a site approximately 75 kilometres north of the town of Cloncurry. It also sits 95 kilometres north-east of the regional hub of Mount Isa.
This location places the mine within the heart of the North West Minerals Province. The region contains some of the world’s most significant …
ASX SFR Sustainability Update and Key Focus Areas
Sandfire Resources Limited (ASX: SFR) held a live investor sustainability briefing on 24 Mar 2026. The presentation, authorised for release by Chief Executive Officer and Managing Director Brendan Harris, outlined the Company’s sustainability performance, strategic commitments, and a detailed cultural heritage case study.
Figure 1: Sandfire Resources site workforce and operations [Courtesy: Sandfire Resources]
Sandfire Resources’ ESG goals, as explained through this briefing, reflect the Company’s stated purpose: to mine copper sustainably to energise the future. The presentation covered safety performance, climate targets, biodiversity, community investment, and the Company’s ongoing response to a cultural heritage disturbance at its now closed Monty Mine at DeGrussa in Western Australia.
Sandfire Resources’ Governance Framework and Leadership Structure
A Dedicated Sustainability Committee Anchoring Board Oversight
Sandfire Resources operates under a governance framework built around four Board committees. A dedicated Sustainability Committee was constituted in January 2025 and met five times during CY25.
Board focus areas include:
- Safety and performance across all pillars of the Company’s strategy
- Strategy and governance
- Culture and engagement
- Cultural heritage
- Director and management succession
Sustainability Targets Across Climate, People, Nature and Community
Sustainability Goals Across Four Core Pillars
Sandfire Resources ESG goals explained across all four sustainability pillars, are as follows:
Climate Change
- Source 50% of all electricity from renewable sources by 2030
- Deliver 35% reduction in Scope 1 and 2 emissions by FY35 on a FY24 baseline
- Achieve net zero Scope 1 and 2 emissions by 2050
Our People
- Zero fatalities
- Achieve a TRIF of 1.6 to 1.4, or better, in FY26
- Maintain 40:40:20 gender diversity within the Board and Executive
- Achieve 40:40:20 gender diversity across the Company
Nature
- No significant environmental incidents
- No net loss of biodiversity values at legacy sites
- Net gain of biodiversity values at greenfield sites
Community
- Allocate 0.5% of EBITDA to strategic community investment annually
Sustainability Performance Against Targets
In FY26, Sandfire Resources reported that more than 70% of its electricity was sourced from renewables. Construction commenced on a 33 MW solar facility at MATSA, expected to be operational in FY27. A 21 MW solar facility at Motheo was approved in Q3 FY26 and is targeted for operability in Q2 FY27.
Figure 2: Motheo processing plant operations [Courtesy: Sandfire Resources]
Among people, female employment rates were reported above industry norms, at 24.5% at MATSA, 21.1% at Motheo, and 45% at the Company’s Australian operations. The 40:40:20 gender diversity target was maintained at both the Board and Executive levels.
Cultural Heritage Case Study at DeGrussa
The Disturbance at Monty Mine and Sandfire’s Immediate Response
Sandfire Resources provided a full account of the historic disturbance of artefact scatters at the now closed Monty Mine at DeGrussa in Western Australia. An internal review of geospatial data identified that the disturbance primarily occurred in 2017 and 2018. The CEO, Board, and Yugunga-Nya Traditional Owners were notified in October 2023.
An ASX announcement dated 30 Nov 2023 confirmed that Sandfire had self-reported the disturbance to the regulator, and that an independent investigation would be undertaken to determine the cause, process failures and opportunities for improvement.
Gilbert and Tobin Investigation Findings and Remediation at DeGrussa
The independent investigation conducted by law firm Gilbert and Tobin found that the disturbances occurred in error due to ignorance and process failings within Sandfire, including a failure to appreciate the potential importance of the artefact scatters.
Figure 3: DeGrussa biodiversity field assessment [Courtesy: Sandfire Resources]
Sandfire Resources undertook a comprehensive programme of remediation actions in response:
- Signed a Framework Agreement with the Yugunga-Nya in Dec 2023 to map issues, steps and relationships
- Established the Cultural Heritage and Relationships Committees following on-country
Why These 4 ASX Shares Are Rising While the Market Slides Today
What Happened: Four ASX Shares Are Bucking a Tough Monday Selloff
The S&P/ASX 200 Index has started the week on a weaker note, falling around 1.1% to 8,339.3 points in afternoon trade on Monday, March 23, 2026. Most sectors are trading lower as broader market sentiment remains cautious.
However, not all stocks are following the downturn. Shares of Beach Energy, Block Inc., Life360, and Medibank Private are all moving higher, standing out as notable gainers in an otherwise negative session.
Each of these companies is rising for a specific reason. Together, they highlight where investor confidence is concentrated in the current market environment.
ASX falls on Monday while select shares push higher on company-specific catalysts. [The Australian]
Why This Matters: Strength During Weak Markets Signals Conviction
When the broader market declines but a handful of stocks push higher, the divergence is significant. It typically indicates that investors are responding to company-specific catalysts rather than macro trends.
This kind of price action often points to stronger conviction. Investors are selectively allocating capital into businesses where near-term fundamentals, sector tailwinds, or broker sentiment outweigh broader market risks.
Recent sessions have already shown resilience in energy stocks, while select technology and defensive names are now attracting renewed interest.
Beach Energy Is Rising on Oil Price Strength
Shares of Beach Energy are moving higher as energy markets remain supported by global supply concerns.
Oil prices have firmed in recent weeks amid heightened geopolitical tensions in the Middle East, raising the risk of supply disruptions. This has provided a clear tailwind for oil and gas producers listed on the ASX.
As a domestic producer, Beach Energy is directly leveraged to stronger energy prices. The company also offers an attractive dividend yield of around 7%, which adds to its appeal in uncertain market conditions.
The main risk for investors is that any easing of geopolitical tensions could quickly reverse recent gains in oil prices.
Beach Energy shares rise as stronger oil prices support energy stocks.[ Jones Day]
Block Is Catching Up After Strong US Performance
Shares of Block Inc. are gaining after a strong session on Wall Street, with the ASX-listed shares playing catch-up following the US market close.
The fintech company has recently benefited from improving investor sentiment, supported by solid earnings momentum and positive broker commentary. Growth in its Cash App ecosystem and continued expansion in digital payments remain key drivers of its outlook.
This type of cross-market movement is common for dual-listed companies, where strong performance in the United States often flows through to the ASX in the following session.
However, valuation remains a consideration, as fintech stocks can be sensitive to shifts in interest rates and broader risk sentiment.
Block Inc. gains after a strong US session lifts investor sentiment. [Aram Express]
Life360 Gains on Broker Support and US Momentum
Shares of Life360 are among the strongest performers of the session, rising sharply after positive momentum from US trading.
The family safety technology company has attracted increased attention from analysts, with recent broker coverage highlighting its growth potential. Strong user engagement, subscription expansion, and new revenue streams continue to support its long-term outlook.
The current rally also reflects catch-up buying after its US-listed shares outperformed late last week.
Despite the optimism, investors are still watching the company’s path to sustained profitability, particularly as it scales its subscription model and monetisation strategy.
Life360 climbs as analysts highlight long-term growth potential. [PhoneArena]
Medibank Moves Higher on Defensive Appeal
Shares of Medibank Private are rising as investors rotate into more defensive sectors.
Healthcare and …
BHP Share Price Crashes 21% in March: Should You Sell or Hold Right Now?
BHP Group Limited (ASX: BHP) has wiped more than 20% off its value in less than a month. Here’s what drove the selloff, who’s feeling the pain, and what investors should do next.
Australia’s largest mining company opened in March at an all-time high of $59.25 and has since tumbled to $47.11, a gut-wrenching reversal for anyone holding shares right now. If you’re watching the BHP share price Australia and asking yourself whether to cut your losses or stay the course, you’re not alone.
Figure 1: BHP Share price performance [Market Index]
From Record Highs to a Sharp Reversal
BHP’s Blockbuster Start to March
The BHP share price Australia investors track so closely surged to an all-time peak of $59.25 on 2 March 2026. The trigger was a standout half-year earnings result that sent the market into a buying frenzy.
BHP reported a 22% jump in underlying net profit after tax. It also hiked its fully-franked interim dividend to 73 US cents (AU$1.03) per share, up 30% in Australian dollar terms and a remarkable 46% in US dollar terms.
The record-breaking earnings result that pushed BHP shares to an all-time high sent the stock surging nearly 18% in a matter of days. Investors were euphoric.
That euphoria didn’t last long.
What Drove the BHP Share Price Down So Hard?
Several Headwinds Struck in Quick Succession
The crash wasn’t the result of one bad announcement. A cluster of negative developments hit BHP throughout March, and the market responded by selling aggressively.
Here’s what knocked the stock down:
- Ex-dividend pricing: BHP shares went ex-dividend in the first week of March. Once the entitlement date passes, buying demand typically cools — and that’s exactly what happened.
- Queensland mines losing ground: Reports surfaced that BHP’s Queensland coal operations can no longer compete for new capital investment, with the company generating little return from those assets.
- Geopolitical pressure: Escalating tensions in the Middle East — driven by the continuing US and Israeli conflict with Iran — rattled commodity markets and raised serious concerns about the global demand outlook for metals and coal.
- CEO transition: In mid-March, BHP confirmed that Chief Executive Mike Henry would step down. Brandon Craig will step into the CEO role on 1 July 2026. You can read more about what the BHP CEO change from Mike Henry to Brandon Craig means for the company’s future direction.
Any one of these factors alone would have rattled investor confidence. All four landings in the same month created a perfect storm.
Who Is Feeling the Most Pain?
Long-Term Holders vs Recent Buyers
The damage is unevenly distributed. Investors who entered BHP more than 12 months ago are still comfortably ahead, the stock has delivered +19.15% over the past year and still sits 13.66% above ASX 200 levels from this time last year.
But investors who chased the post-earnings momentum near $59.25 are sitting on deep losses. Those buyers bought at peak excitement, and March has been brutal for them.
Despite the monthly rout, the broader picture still reflects a formidable company:
- 2026 year-to-date performance: +3.56%
- Market capitalisation: $239.27 billion
- ASX rank: 2nd out of 2,315 listed companies
- Sector rank: 1st out of 1,106 Basic Materials companies
This is not a company in structural decline. But the near-term risks are real and shouldn’t be dismissed.
Should Investors Sell, Hold, or Buy More?
What the Analysts Are Saying Right Now
Despite the savage month, most analysts covering the BHP share price Australia have not turned bearish.
TradingView data shows that of 20 analysts, 11 rate BHP as a hold and 7 carry a buy or strong …
Yugo Metals Secures Government Approval to Unlock One of Europe’s Most Compelling High-Grade Polymetallic Projects
Yugo Metals Limited (ASX: YUG) has received formal...
China Invests $120 Billion to Secure Global Critical Mineral Supplies
China spent more than $120 billion on mining and upstream processing in nations across the globe since the start of 2023. These funds target the extraction of lithium, copper, nickel, rare earths, and bauxite. This expenditure supports the production of batteries and power systems for the transition to electricity.
The nation pursues a strategy of green energy statecraft to manage the full value chain of these materials. This plan ensures that firms from China control the transformation of materials into inputs for industry. The scale of this movement reinforces the position of Beijing at the centre of the economy.
China also directs $220 billion toward downstream sectors, including the manufacture of batteries and vehicles. These investments fund the construction of grids and infrastructure for wind and solar power. The combination of these sectors creates a system that secures supply and reduces reliance on other nations.
Figure 1: China’s global critical mineral drive
Supply Chain Control Impacts International Economic Stability
Control over these materials allows Beijing to influence the pricing and availability of technology. Market participants monitor these developments as they affect the cost of energy and transport. The concentration of processing power in one nation creates risks for the stability of trade.
China currently manages 90% of the refining for rare earths and 60% of the processing for lithium. The nation also handles 70% of cobalt refining and produces half of the steel for the world. These figures demonstrate the reach of the industrial system built by the state.
Western governments realise the implications of this dominance for their own security. Leaders in the United States and Europe seek to build capacity to process materials within their borders. These efforts aim to provide alternatives to the current concentration of supply.
- China produces 90% of cathode and anode materials.
- The nation controls 70% of global cobalt refining.
- Firms manage 60% of lithium processing worldwide.
Climate Energy Finance Tracks State-Backed Industrial Strategy
The think tank Climate Energy Finance (CEF) from Australia released these findings in a report last week. Researchers from this organisation documented the flow of capital from firms into mines and factories. These experts describe the approach as a coordinated effort to secure resources for decades.
Tim Buckley co-authored the report and serves as the founder of CEF. He notes that the model of investment has changed to include collaboration with host governments. This shift addresses previous concerns regarding the extraction of wealth without local benefit.
State institutions provide the financing that allows private firms to operate with speed. This hybrid model combines the direction of the state with the efficiency of the market. These entities work together to implement the industrial goals of the nation.
Figure 2: China’s cleantech OFDI by region (2023-2025) [CFE]
Resource Wealth Drives Investment in the Global South
The flow of capital targets regions in Africa, Latin America, and Southeast Asia. The Democratic Republic of Congo hosts projects that expand the production of copper and cobalt. Firms from China maintain a presence in these areas to ensure access to these minerals.
Indonesia serves as a primary location for the production and processing of nickel. Investment from China helped this nation become the largest producer of this metal. Zimbabwe also sees the development of the capacity to mine and process lithium.
- Democratic Republic of Congo: Copper and cobalt extraction.
- Indonesia: Nickel production and processing facilities.
- Zimbabwe: Lithium mining developments.
Firms build railways and ports to move materials from mines to the coast. They also establish power systems to support the operation of industrial facilities. These projects enable nations to develop their own industrial …
Passive Income From ASX Shares: How To Build $100,000 Annually
Passive income development of ASX shares is a long-term investment in dividend-rich companies, which eventually generates the necessary cash flow without a person actively working on it.
The strategy outlined above aims at achieving 100,000 dollars in a year by being disciplined in the investment and reinvestment of returns so that the process of compounding can create wealth faster.
High-quality companies listed on the Australian Securities Exchange are generally targeted by investors who select those that have a good history of dividends and have growth prospects.
This strategy relies on capital accumulation and is based on patience and not short-term trading profits.
Investors rely on dividend stocks to generate long-term passive income. [Courtesy: Paytm]
How Can Investors Reach $100,000 Annual Income?
Investors need to construct a large portfolio to generate stable dividend income to reach a goal of 100,000 annually as passive income. This usually requires a portfolio of about 4 to 5 per cent.
Given this scope, it is possible that a portfolio worth 2-2.5 million will be needed to produce the target income. The plan insists on regular contributions, dividend reinvestment, and retention period of the holdings in order to maximise the returns on the compounding power.
Dollar-cost averaging is often applied to decrease market timing risks by investors as they build up their holdings in companies listed on the ASX.
Why Does This Strategy Matter To Investors?
This approach is important as it provides an opportunity to achieve financial freedom and a decrease in dependence on the conventional job revenue.
ASX shares act as a passive source of income, which is a cause of stability, especially in times of retirement or during an economic crisis. It also enables investors to get the benefits of dividend payments and possible growth of capital.
With growing inflation pressures in the world economy, there is a greater need to establish an income stream that increases with time in order to sustain the purchasing power and sustainability in the long run.
Dividend income helps investors counter inflation and build financial security. [Courtesy: Deskera]
Which ASX Sectors And Stocks Are Involved?
The investors are usually attracted to an industry that has regularly paying dividends, e.g. the banking, mining, and utility industries. The Australian banks are normally viewed as the core holdings because of their great dividend yield, whereas the mining companies can offer greater yields during commodity booms.
Also, infrastructure and real estate investment trusts (REITs) contribute to the provision of consistent streams of income. Sector diversification is a way to avoid risk yet ensure a consistent flow of income in the long term.
When And Where Is This Strategy Applied?
The investment method is used in long-term periods, which are usually decades, and mainly in the Australian share market. It works best when initiated at an early age, where the investors are in a position to enjoy compounding returns.
The strategy applies in the upside market and downside market because consistent payment of dividends can be used to yield even when the market is on the decline.
This strategy is widely used by Australian investors using either the brokerage site, superannuation funds or managed portfolios.
Long-term investing in ASX shares supports compounding and income growth. [Courtesy: IG Group]
How Will Passive Income From ASX Shares Grow Over Time?
Passive income increased through reinvesting the dividends and regularly adding contributions to the portfolio. In the long term, compounding allows investors to grow their returns more significantly by way of capital gain as well as dividend growth.
Firms, which frequently increase dividends, are in a position to increase income …
East Star Resources Signs Copper JV That Could Reshape Its Kazakhstan Mining Future
East Star Resources (LSE: EST) just locked in a deal that junior mining investors rarely see, a fully-carried path to production without spending another dollar. The Kazakhstan-focused explorer formalised a joint venture agreement with Hong Kong Xinhai Mining Services Limited on 19 March 2026, sending the East Star Resources share price up 6.25% to close at 3.40p on the day, with over 6.2 million shares changing hands.
For a stock that traded as low as 0.81p over the past 52 weeks, this kind of momentum matters.
Figure 1: East Star Resources (EST) shares rose 6.25% to 3.40p following a fully-carried joint venture with Xinhai Mining, securing a path to production in Kazakhstan.
What the Deal Actually Involves
East Star and Xinhai signed a formal Joint Venture Agreement (JVA) that hands Xinhai the right to earn up to a 70% interest in the Verkhuba Copper Deposit in Kazakhstan. In exchange, Xinhai funds everything, from resource definition drilling right through to commissioning and production.
The estimated investment sits at approximately US$65 million.
East Star contributes the asset. Xinhai contributes the capital and the engineering muscle. The result: East Star walks into production holding a 30% stake without writing another cheque.
The deposit itself carries a JORC Inferred Resource of:
- 20.3 million tonnes grading 1.16% copper, 1.54% zinc, and 0.27% lead
- An anticipated production profile of more than 10,000 tonnes per annum of copper-equivalent metal
With copper trading at around US$12,677 per tonne as of 18 March 2026, those numbers carry real weight.
Who Is Xinhai; And Why It Matters
A Partner With a Track Record
Xinhai is not a speculative backer. It is a privately owned, global EPC (engineering, procurement, and construction) company with more than 2,500 completed projects worldwide and over 500 EPC contracts specifically in the mining sector.
East Star CEO Alex Walker travelled to Yantai, China — where the two sides formally signed the JVA on 17 March 2026 — and came back impressed.
“They are currently manufacturing and installing another processing plant in Kazakhstan with a development timeline of less than 12 months,” Walker noted in the company’s announcement.
That track record directly addresses one of the most common failure points for junior miners: cost blowouts and timeline delays when transitioning to production.
A Strategic Fit for Kazakhstan
Xinhai already has boots on the ground in Kazakhstan. That familiarity with local conditions, regulation, and logistics gives the JV a meaningful head start over competitors trying to break into the region for the first time.
How the Farm-In Structure Works
Five Stages to Full Production
The JVA operates through a staged earn-in model. Xinhai increases its equity interest at each milestone:
Figure 2: Joint venture uses staged earn-in model where Xinhai increases ownership through five milestones from drilling investment to project commissioning, rising from 15% to 70% stake.
East Star will incorporate the joint venture company (JVCo) in Kazakhstan within 30 days, registered under the Astana International Financial Centre. Licence 1795 transfers into the JVCo once established.
Both parties appoint one director each at the outset. Once Xinhai earns past 50%, it gains the right to appoint a second director.
When Work Begins
June 2026 Drilling Target
The JVCo intends to kick off resource definition (infill) drilling by June 2026, targeting the shallow open pit area where previous drilling already returned encouraging intersections, including:
- VU_23_DD_001: 15.0m @ 1.56% CuEq from 27.4m (including 10m @ 2% CuEq from 30.4m)
- VU_23_DD_002: 11.8m @ 1.41% CuEq from 171.0m and 10.3m @ 1.77% CuEq from 186.8m
- VU_23_DD_003: 2.4m @ 2.45% CuEq from 74.0m
That near-term drilling is designed to feed directly into the …
Alligator Energy CEO Takes Expanded Leadership Role Amid Strategic Shift
Alligator Energy has lifted its chief executive to a dual role in a strategic change in its management design as the company pursues greater integration in its operations and long-term growth efforts in the uranium industry.
The relocation concentrates power in the hands of one leadership, which will enhance efficiency in decision-making and execution of both projects and corporate activities. The restructuring is at a time when the uranium demand in the world is increasing due to the energy transition policies and revival of nuclear power.
The leadership shift will also help in expedited project development and enhanced strategic direction, particularly as competition spreads among uranium exploration and production markets.
Alligator Energy strengthens leadership structure amid uranium sector growth. [Courtesy: Investing News Network]
Why Does This Leadership Change Matter To Investors?
This change of leadership is significant as it means the active attitude towards managing the government and efficiency in its work, which is usually considered extremely important in times of development and instability of a sector by investors.
Through the integration of leadership functions, Alligator Energy will minimise internal friction and bring the exploration and development plans closer to the market opportunities. Shareholders generally react well to simplified leadership, particularly in resource industries where time and performance are key elements.
The uranium market has been on a rising trend as the world pursues decarbonisation targets, and a clear leadership in this regard has become even more significant in deciding on how to allocate capital. This shift has the potential to increase investor confidence if it brings a better project delivery schedule and cost control.
Alligator Energy Strengthens Strategic Direction
This move by the company indicates its larger intention to establish itself firmly in the changing uranium market, in which the demand will be increasing consistently over the next few years.
The merging of leadership leads to Alligator Energy developing strategic integration within its portfolio, so that exploration operations are focused on the long-term production targets. Nuclear energy has enhanced interest in the uranium sector because it has caused a reduction in carbon emissions, and the companies are now trying to keep pace with the evolving market forces.
Such a change of leadership can assist Alligator Energy to exploit the new opportunities and deal with the risks more efficiently. The transition is also a sign of belief in its executive management to take the company through a critical period of growth.
Uranium sector growth drives strategic leadership decisions in mining companies. [Courtesy: Mining Technology]
Who Is Involved In The Leadership Transition?
The change of leadership will focus on the current chief executive of the company, who will now have expanded roles in the new structure, with various leadership roles consolidated to one position.
This model is an indication of an extreme degree of trust in the executive to be able to handle the operational and strategic aspects of the business. The decision made by the board shows the significance of effective leadership in responding to the dynamic environment of markets and developing project pipelines.
The entire management team would also be more in line with the vision of the CEO, and this would lead to a more integrated organisational structure. This change highlights the fact that the company is dedicated to the agility of the decisions and the excellence of the operations.
Where And When Did This Change Take Place?
The change of leadership was announced in Australia, where Alligator Energy has its headquarters, and this development can be traced to the changes that are taking place in the Australian mining industry, which is a major source of …
Raptor Metals Completes 2,126m Diamond Drill Program at Chester Copper Project in Canada
What Happened: Raptor Metals Wraps Up Major Drilling Milestone at Chester Project
Raptor Metals Ltd (ASX: RAP) has successfully completed its 2,126-metre diamond drill program at the Chester Project, located in New Brunswick, Canada.
Diamond drilling underway at Raptor Metals’ Chester Copper Project in New Brunswick, Canada. [Canadian Mining Journal]
The program comprised 16 HQ-diameter holes and 3 PQ-diameter holes, marking the conclusion of the company’s initial phase of exploration activity since relisting on the Australian Securities Exchange.
The announcement, made on 19 March 2026, confirms that core samples are now being processed for both assay submission and metallurgical testing.
Managing Director Brett Wallace described the achievement as a major advancement in the company’s mission to realise the project’s full potential in this world-class VMS district. The company expects assay results to be returned within four to eight weeks of submission.
This drilling campaign is the culmination of a disciplined, multi-objective exploration strategy designed not only to generate new data but to validate and strengthen the existing JORC-compliant Mineral Resource Estimate (MRE) that underpins the Chester Project’s investment case.
“We are delighted to have wrapped up drilling at Chester, representing a major advancement in our mission to realise the project’s full potential in this world-class VMS district. As core processing nears completion and geophysics approaches, we eagerly await assay results to inform our ongoing resource expansion and exploration initiatives.”
Brett Wallace, Managing Director, Raptor Metals Ltd
Why It Matters: Resource Confidence, Metallurgical Data, and Expansion Potential
Chester’s drill database goes back to 1955, and that’s both its strength and its problem. Decades of historical drilling built the resource, but older programs didn’t always follow the QAQC standards investors and analysts expect today.
Raptor drilled this program specifically to put modern eyes on those numbers and either back them up or catch any discrepancies before they become a bigger issue down the track.
Three PQ holes were also drilled to pull bulk core samples for metallurgical testing. Previous lab work by First Narrows Resources returned copper concentrate grades of 27-28% at recoveries of 97-98%, strong numbers if Raptor’s new testing comes back in the same ballpark.
That kind of recovery rate makes a real difference when you’re trying to show a project stacks up economically.
There’s also a growth angle here. Drilling east of the current resource boundary was a deliberate move to test whether the mineralisation keeps going where the current model stops.
Add a planned downhole TDEM geophysical survey into the mix, and Raptor could be sitting on a materially larger target by the time the next resource estimate rolls around.
Who Is Involved: Raptor Metals, the Chester Project, and the Bathurst Mining Camp
Raptor Metals Ltd (formerly Eastern Metals Limited, ASX: EMS) is an ASX-listed junior explorer focused on Canadian copper. The company acquired Raptor Resources Limited in a transformative deal and was reinstated to trading on the ASX in late 2025.
Managing Director Brett Wallace, a Member of the Australian Institute of Geoscientists (MAIG) and the Australasian Institute of Mining and Metallurgy (MAusIMM), serves as the Competent Person for the company’s exploration results.
The drilling contractor for the 2026 program was Orbit Garrant Forage Drilling of Dieppe, New Brunswick, a firm experienced in diamond core drilling across the region.
Assay and metallurgical testing will follow industry-standard laboratory protocols, with further details to be disclosed alongside results.
The Chester Project itself is a copper-dominant volcanogenic massive sulphide (VMS) deposit within the renowned Bathurst Mining Camp (BMC), one of the world’s most prolific base metal districts.
The BMC has historically produced over 180 million tonnes of …
XRP Climbs Out of Consolidation as Whales Hold and Retail Returns
XRP is trading around US$1.46 after a week that saw the token reach as high as US$1.60. Market analysts believe the token has climbed out of its consolidation range and is now targeting a 13% move toward US$1.65, provided it holds above a key support level. The XRP price prediction 2026 narrative is being shaped by two clear signals: the largest investors are holding rather than selling, and everyday traders are returning to the market in growing numbers.
Figure 1: XRP token representing digital asset market activity amid renewed bullish sentiment [Courtesy: Shutterstock]
XRP whale accumulation news has added further weight to the bullish case, with the volume of tokens being sent to exchanges falling to a multi-month low. At the same time, the pending Digital Asset Market CLARITY Act in the United States continues to sit in the background as a potentially transformative regulatory catalyst. Together, these developments are giving the XRP consolidation breakout levels conversation a new sense of urgency for traders watching the token closely.
Low Exchange Inflows Signal a Supply Squeeze in the Making
XRP Whale Accumulation News Points to Reduced Selling Pressure
According to data from Santiment, the volume of XRP being sent to exchanges fell to only 6.75 million tokens in a single day, a figure well below what was recorded earlier this month. When fewer tokens are available on exchanges, selling pressure declines and conditions for a price move improve. Analysts at Finance Magnates have described this specific setup as a classic “breakout trigger” that historically precedes sharp moves into higher price zones.
XRP whale accumulation news reinforces this reading. The largest token holders are choosing to keep their coins in private wallets rather than moving them to exchanges, a behaviour that typically reflects confidence in further upside. This pattern, combined with the broader XRP consolidation breakout levels being watched by technical traders, has brought the token back into focus after a period of sideways movement.
The Key Price Levels Defining the Trade
XRP Consolidation Breakout Levels to Watch
The XRP consolidation breakout levels that traders are focused on are straightforward. For the token to reach the 13% gain target of US$1.65, it must hold above US$1.43. This level was previously a ceiling the market could not break through and has now converted into a floor. The key levels in order are:
- US$1.43 — critical support level, now acting as the floor after previously serving as resistance
- US$1.46 — current trading price as of 19 Mar 2026
- US$1.60 — weekly high reached during recent price action
- US$1.65 — target price representing approximately 13% upside from the US$1.43 support base
- US$1.33 — downside risk level if XRP breaks below support
Figure 2: Cryptocurrency price chart displayed on a trading setup as market activity and volatility increase [Courtesy: Freepik]
If XRP loses US$1.43 as support, the path back to US$1.33 becomes the more likely near-term outcome. A move of that magnitude would erase recent gains and reset the clock on the recovery timeline.
Industry Outlook
The broader regulatory environment for digital assets in the United States is at an inflection point. Spot XRP exchange-traded funds, which launched in late 2025, have already attracted over US$1.3 billion in inflows during their first 50 trading days, reflecting genuine institutional appetite for the token.
XRP has legal clarity and sits in a post-parabolic range, with base-case models pointing toward a gradual climb, and any real breakout hinging on Ripple turning regulatory momentum into real payment volume.
Crypto News for investors following the XRP price prediction 2026 narrative, the period between now and April represents the most …
Terra Metals (ASX: TM1) Corporate Update & Project Progress
Terra Metals Limited (ASX: TM1) presented a corporate update at the Swiss Mining Institute Conference in March 2026, outlining rapid exploration progress at its flagship Dante Project in Western Australia’s West Musgrave region. High-grade platinum group metal (PGM) intercepts have placed the Company firmly on the radar of investors following Australian mining stocks.
Figure 1: Active drilling underway at the Dante Project [Courtesy: Terra Metals]
Terra Metals project progress has been defined by discovery-scale drilling results at the Southwest Prospect, alongside a 148 million metric ton (Mt) existing Mineral Resource Estimate. With a phase 4 drilling program now underway and a maiden Southwest resource targeted for the second half of 2026, the Company is advancing toward a clear development pathway in the critical minerals space.
A District-Scale Discovery Gains Momentum
Terra Metals Project Progress Defined by High-Grade Southwest Intercepts
Terra Metals project progress at the Southwest Prospect has delivered some of the highest PGM grades reported globally. Drill hole SWT008 at SW5 returned the following results:
- 35 metres at 2.90g/t PGE3 from 48 metres
- 14 metres at 6.71g/t PGE3 from 68 metres
- 3 metres at 27.78g/t PGE3 from 68 metres
- 1 metre at 52.97g/t PGE3 from 69 metres
Figure 2: SW5 discovery highlighting high-grade PGE intercepts from drill hole SWT008 [Courtesy: Terra Metals]
Chief Metallurgist Dr Evan Kirby stated: “I’ve worked on major platinum deposits around the world and never seen a hard rock drill intersection with PGM grade anywhere close to this SWT008 intersection.” He described these grades as comparable only to dunite pipes mined in South Africa during the mid-20th century.
The SW6 discovery, located 850 metres north of SW5, further confirmed the lateral extent of the system. Key intercepts from SW6 include:
- 61 metres at 1.41g/t PGE3, 0.13% copper and 0.19% nickel from 172 metres
- 35 metres at 1.59g/t PGE3
- 1.1 metres at 12.67g/t PGE3
- 0.3 metres at 31.1g/t (1 oz/t) PGE3, 0.55% copper and 1.31% nickel
- 82.4 metres at 1.14g/t PGE3 from 262 metres to end-of-hole
Figure 3: Southwest cross-section highlighting SW6 PGE intercepts [Courtesy: Terra Metals]
The Dante Project and Its Significance for Australian Mining Stocks
A Multi-Commodity System Across a District-Scale Tenure
The Dante Project is located in the West Musgrave region, with a footprint comparable in scale to Singapore. The Project hosts exposure to PGEs, copper, gold, vanadium, titanium and gallium within a single connected mineral system.
Figure 4: Dante Project footprint (~1,210 km²) and key targets [Courtesy: Terra Metals]
For investors tracking ASX mining updates, these commodities are directly aligned with global critical minerals demand. The Dante Project, located in a Tier-1 Western Australian jurisdiction, is positioned as a potential long-term strategic supplier outside of China-dominated supply regions.
Exploration Timeline and Key Milestones
From Discovery Hole to Phase 4 Campaign
The Southwest discovery began with drill hole SWT008, which intersected the high-grade PGM sulphide zone from 48 metres depth and returned the peak result of 52.97g/t PGE3, as reported in the ASX announcement dated 27 Jan 2026.
Figure 5: SW5 discovery cross-section with high-grade PGE intercepts [Courtesy: Terra Metals]
This was followed by the SW6 discovery intercept confirmed in the announcement dated 17 Feb 2026. The phase 4 drilling program, targeting 30,000 metres of diamond and RC drilling at Southwest, commenced in H1 2026 and represents the largest exploration campaign in the Company’s history.
Terra Metals project progress toward resource definition follows a clear sequence of ASX mining updates. The next milestones in order of indicative timing are:
- Upgraded Mineral Resource Estimate for Dante Reefs — H1 2026
- Downhole EM on phase 4 drilling and
This Sandvik Pump Can Change How Australia Mines Underground
Underground mining carries enormous risk. Rock falls, unstable ground, and exposure to hazardous chemicals sit at the top of every safety checklist on Australian mine sites. Now, Sandvik has launched a next-generation resin injection pump that takes direct aim at those dangers, and the industry is paying close attention.
A Major Leap Forward in Underground Ground Support
Sandvik officially introduced the HPA20 Automatic Injection Pump in March 2026, positioning it as a step-change solution for resin-based ground support in hard-rock mining and civil engineering.
Figure 1: Sandvik’s HPA20 Automatic Injection Pump features a fully sealed 2 × 300-litre dual-container system housed within a compact, lift-ready frame designed for underground deployment. [Sandvik Mining]
The name stands for Hydraulic Power Automatic, and it lives up to the billing. The system supports both manual and fully automated injection of two-component silicate and polyurethane resins, the kind of materials that stabilise rock formations, secure anchors, and hold tunnel walls in place deep underground.
For operators working with mining equipment Australia-wide, the HPA20 addresses a long-standing problem: manual resin injection is inconsistent, exposes workers to chemical contact, and leaves quality control largely up to human judgement. The HPA20 replaces guesswork with automation.
The Team Driving the Change
Sandvik, a global high-tech engineering group headquartered in Sweden, developed the HPA20 through its Mining and Rock Solutions business area. The company employs around 18,000 people in its mining division and recorded sales of approximately 69 billion SEK in 2025.
Anssi Kouhia, Sandvik’s Product Manager for Ground Support, confirmed the intent behind the launch.
Kouhia said the HPA20 delivers a flexible alternative to manual injection methods by combining automation, intelligent monitoring, and enhanced safety features in a single platform, a combination he described as an important step forward in automated resin injection technology.
Sandvik has built a strong reputation supplying mining equipment Australia operations rely on across drilling, bolting, ground consolidation, and haulage. This latest launch adds another layer to that portfolio, particularly for sites where onboard bulk resin systems aren’t an option.
Launched at the Right Moment for Australian Mining
Sandvik timed this launch well. Australia’s mining safety regulations underwent significant updates in 2025, including requirements for more frequent proactive risk assessments, real-time data integration across underground operations, and stricter documentation standards.
Those regulatory pressures created a clear demand for automation tools that can log, verify, and export performance data. The HPA20 answers that call directly.
The Australian mining sector has long pushed for better ground support technology. Conferences, including the Underground Operators Conference and events hosted by AusIMM, continue to spotlight ground support as one of the highest-priority areas for improvement, particularly in hard-rock environments where resin injection underpins daily safety.
Why Manual Resin Injection Was Overdue for a Rethink
Manual resin injection systems carry risks that most miners understand intuitively but few have had easy tools to address. Among the most pressing concerns:
- Operator chemical exposure during filling and injection cycles
- Inconsistent mixing ratios that compromise bond strength and rock stability
- Poor documentation, making QA/QC compliance difficult to demonstrate
- Human error in pressure and volume control during high-stress underground conditions
- Blockages from inadequate flushing between injection cycles
These aren’t minor inconveniences. Poorly injected resin can mean the difference between a stable heading and a ground fall event. For Australia’s underground sector, already operating under tightening safety regulations, better control isn’t optional. It’s essential.
Sandvik’s pumpable resin system for the DS412i bolter already showed what was possible when resin handling and drilling automation converge. The HPA20 builds on that foundation and widens the scope to sites that use different rig configurations.
How the HPA20 Actually
…
Boss Energy Pushes Ahead on Gould’s Dam as Uranium Resource Surges 30% — What It Means for Investors
Boss Energy Limited (ASX: BOE) dropped a significant update on 19 March 2026, revealing a major upgrade to its satellite uranium deposits and laying out a detailed permitting roadmap. The announcement sent ripples through the uranium investment community, and raises serious questions about the Boss Energy share price forecast heading into the second half of 2026.
A Landmark Resource Upgrade for Two Satellite Deposits
The Numbers Behind the Update
Boss Energy released updated Mineral Resource Estimates (MREs) for both Gould’s Dam and Jason’s Deposit — two satellite uranium projects sitting adjacent to its producing Honeymoon Operation in South Australia.
Figure 1: A map illustrating the location of Honeymoon Mine in relation to Gould’s Dam and Jason’s Deposit. [Boss Energy]
The headline numbers are hard to ignore:
- Gould’s Dam now holds 1 million pounds (Mlbs) of U₃O₈ across 38.7 million tonnes at 388 ppm, a 30% increase in contained uranium from the 2016 estimate
- Jason’s Deposit holds 0 Mlbs of U₃O₈ across 13.3 million tonnes at 410 ppm — up 9% from the 2017 estimate
- Combined, the two deposits represent over 45 Mlbs of uranium sitting close to an already operating ISR (in-situ recovery) processing facility
Both resources remain open, meaning further drilling could push these numbers even higher.
Why the Grade Decline Isn’t a Concern
Average grades fell at both deposits — down 24% at Gould’s Dam and 48% at Jason’s. At first glance, that looks alarming. But the reason matters enormously.
Boss applied a permeability filter for the first time, constraining the resource to zones genuinely amenable to ISR mining. They also applied improved geological interpretations drawn from operating experience at Honeymoon. The result is a more realistic, more actionable resource — not a weaker one.
Boss Energy Leads the Charge on Permitting
What the Company Is Actually Doing Right Now
Boss isn’t sitting on these numbers. Managing Director Matthew Dusci confirmed the company actively accelerated the development pathway for both deposits over the past six months.
Work already underway includes the following:
- Baseline flora and fauna surveys — completed
- Preliminary flood modelling — completed
- Radiological baseline surveys — commenced
- Groundwater modelling — in progress
- Leaching assessment laboratory testing — underway
- Initial stakeholder engagement — commenced
The company targets submission of Mining Lease applications and an EPBC referral in the second half of CY2026.
The Approval Timeline Investors Need to Understand
The permitting journey from here follows a structured path. Once applications go in, the process looks like this:
- EPBC referral and Mining Lease Assessment — Q4 CY2026
- Mining Lease granted — estimated 18 to 24 months post-application
- PEPR (Program for Environment Protection and Rehabilitation) approval — a further six to 12 months after that
Full construction cannot begin until all approvals land. That means, realistically, these deposits won’t reach production before late 2028 or 2029 at the earliest. Anyone tracking the Boss Energy share price forecast should factor that timeline into their models.
The Strategic Logic: Leveraging Honeymoon’s Infrastructure
Why These Deposits Matter Beyond Their Resource Size
The real value here isn’t just the uranium in the ground. It’s the proximity to infrastructure.
Gould’s Dam sits approximately 80 km west of Honeymoon. Jason’s Deposit is just 13 km to the north. Both deposits share the same geology, the same ISR-amenable stratigraphy, and the same Eyre Formation mineralisation style as Honeymoon.
Boss explicitly noted that the wide-spaced wellfield extraction approach currently being trialled at Honeymoon could apply directly to both satellite deposits. If successful, that technique could deliver high conversion of resource tonnes into actual wellfield mining inventory.
Jason’s Deposit looks likely to operate via a simple trunk line …
Austin Engineering Fixes the Chile Problem That Cost Millions
Austin Engineering Limited (ASX: ANG) has finalised a renegotiated original equipment manufacturer (OEM) contract for its Chile operations, securing improved pricing and payment terms that the Company says will return the arrangement to targeted profitability.
The announcement, released on 19 March 2026, caps a prolonged period of operational pressure in South America that weighed heavily on the Company’s bottom line throughout the first half of FY2026.
Austin Engineering Chile OEM Contract: Key Changes
Austin Engineering confirmed it has successfully concluded renegotiations with its Chile OEM partner, which had previously contracted the Company to manufacture OEM specification trays for local customers.
The re-negotiated contract introduces a pricing adjustment designed to restore profitability on the arrangement and includes improved payment terms. The remaining orders under the old contract terms will be fulfilled by April 2026. Deliveries under the revised terms are expected to begin from May 2026 onwards.
An initial purchase order under the new agreement has been received, valued at approximately $6.7 million. The Company expects execution to occur principally into FY2027.
Chile’s copper mining sector remains a key market for Austin Engineering’s hauling and tray manufacturing business.
Why It Matters
The Chile OEM contract had been one of the most damaging operational problems Austin Engineering carried into FY2026. The arrangement generated a negative EBITDA of $3.2 million in the six months to December 2025, which included a $1.6 million onerous contract provision against work in progress.
Chile’s overall loss for that half totalled approximately $4.1 million, contributing to an 85% collapse in group net profit after tax, which fell to $2.0 million from $13.4 million in the prior corresponding period.
The situation led Austin to downgrade its FY2026 guidance twice. Group revenue guidance was revised to $350 million-plus, while underlying EBIT guidance dropped to $14 million to $16 million, well below the $30 million to $34 million range the Company had previously flagged.
By fixing the contract terms, Austin removes a recurring drag on its South American results. Management expects the cessation of those EBITDA losses, and the eventual return to targeted profitability, to contribute significantly to the turnaround of the Chile business.
Austin Engineering’s South American Operations and OEM Partnership
Austin Engineering is a Perth-headquartered global engineering company with over 50 years of history in the mining equipment sector. It designs and manufactures loading and hauling solutions, including off-highway dump truck bodies, buckets, water tanks, and related attachments for both open-cut and underground mining operations.
The Company operates in Australia, the United States, Chile, and Indonesia.
The OEM customer involved in the Chile contract has not been publicly named. Austin has indicated the relationship is expected to continue beyond the initial $6.7 million purchase order, which reflects the strategic importance of the customer to its Chilean market position.
CEO and Managing Director Sy van Dyk said: “Our determination to take in hand operational issues under our control is strongly reflected in this re-negotiation. The legacy OEM contract significantly detracted not only directly from our bottom-line profitability, but also in the flow through impacts to efficiency elsewhere.”
He added: “I am pleased that we demonstrated the discipline to cease loss making activities, while keeping our important OEM relationship.”
Austin Engineering manufactures OEM specification trays at its Chile facility. [Austin Engineering]
What Happens Next
Austin made clear that the $6.7 million initial order is not material to FY2026 and does not change the Company’s current full-year guidance. The order will be executed mostly in FY2027.
Van Dyk noted that Austin will continue to focus on disciplined contract management, pricing outcomes that reflect the value of …
Emerald Resources Provides Update on Production and Strategy
Investor Presentation Details
Emerald Resources NL released its latest investor presentation in collaboration with Euroz Hartleys, offering an update on operational performance, financial positioning, and near-term strategy.
The presentation was shared through an official market briefing, forming part of the company’s ongoing engagement with analysts and institutional investors.
Emerald Resources highlights consistent production levels and operational efficiency across its gold mining assets. [Emerald Resources]
The update focused on the company’s existing gold mining operations and production outlook rather than introducing major structural changes.
Emerald Resources outlined stable output levels supported by consistent operational processes, alongside continued emphasis on cost control and efficiency.
The presentation also provided insight into the company’s approach to maintaining performance across varying gold price conditions.
Market Significance and Industry Context
The Emerald Resources Investor Presentation is relevant in the context of current gold market conditions, where investors are closely monitoring production stability and cost management.
In a sector influenced by commodity price fluctuations, consistent output and disciplined expenditure are key indicators of operational resilience.
The presentation also reflects broader industry trends, particularly the shift toward sustainable production models and capital efficiency.
Mining companies are increasingly prioritizing operational stability over rapid expansion, as investors seek predictable performance in uncertain economic environments.
Emerald Resources’ update aligns with this approach, emphasizing reliability rather than short-term growth targets.
The involvement of Euroz Hartleys adds further significance, as broker-backed analysis can influence institutional investment decisions.
Analyst participation provides additional context for valuation and performance metrics, contributing to how the Company is assessed within the competitive landscape of ASX-listed mining stocks.
Company and Analyst Overview
Emerald Resources NL is an Australia-based gold mining company with operations concentrated in Southeast Asia.
The Company has developed a track record of maintaining steady production levels while managing costs, positioning itself within the mid-tier mining category.
Its operational strategy focuses on optimizing existing assets and gradually expanding its resource base.
Euroz Hartleys is a financial services firm specializing in equity research, corporate advisory, and institutional broking.
The firm has established expertise in the Australian resources sector, providing analysis that supports investment decision-making.
Its involvement in the presentation reflects the role of independent research in shaping market perspectives on mining companies.
Operational Strategy and Regional Focus
The investor presentation highlights Emerald Resources’ continued focus on operational efficiency and regional development within its existing mining jurisdictions.
The Company’s strategy remains centered on sustaining production while identifying opportunities for incremental growth.
Emerald Resources maintains key operations across Southeast Asia, supporting consistent production. [Cambodia News]
Key strategic focus areas
- Optimization of existing gold mining operations to improve output and recovery rates
- Expansion of exploration activities aimed at converting resources into reserves
- Maintenance of cost discipline through structured capital allocation
- Adherence to environmental, regulatory, and governance standards in operating regions
Presentation Timeline and Key Developments
The investor presentation represents a continuation of Emerald Resources’ ongoing operational strategy rather than a discrete event with a fixed implementation date.
The update forms part of regular market communication, providing stakeholders with visibility into performance and planning.
Key timeline details
- Release of investor presentation through official market channels
- Ongoing operational reporting aligned with financial disclosure cycles
- Continued engagement with institutional and retail investors
- Periodic review of exploration progress and production performance
Market Performance and Trading Activity
Recent market data showed the Company’s shares trading at $5.750, reflecting a modest daily decline of 0.519%. Trading volume reached 694,770 shares, with a narrow bid-offer range of $5.740 to $5.750.
Emerald Resources NL Share price: [ASX]
The Company’s market capitalization stood at approximately $3.81 billion, indicating its position within the …
Gulf Aluminium Supply Disruption Drives New Orders to Alcoa
Alcoa Corporation, the largest aluminium producer in the United States, is fielding a rise in buyer inquiries and spot orders following the curtailment of production across Gulf state smelters. The shift comes as shipping through the Strait of Hormuz remains effectively closed, disrupting supply chains that millions of tonnes of aluminium and alumina depend on each year.
Figure 1: Alcoa Corporation logo representing the US-based aluminium producer [Courtesy: Business Wire]
Gulf aluminium production cuts across the Middle East, which accounts for approximately 9 per cent of global aluminium supply, have sent buyers seeking alternative sources. Alcoa new aluminium orders are already emerging for the second quarter and second half of 2026, according to the Company’s chief financial officer.
Alcoa’s CFO Outlines the Order Uplift
Alcoa Chief Financial Officer Molly Beerman addressed the supply shift at a JPMorgan Chase and Company conference on 17 Mar 2026. She confirmed the Company is seeing a direct response from customers who sourced a portion or the majority of their supply from Middle East smelters.
Figure 2: Industrial use of aluminium in manufacturing and fabrication processes [Courtesy: Freepik]
Ms Beerman stated: “We’re actually seeing an uptick in orders from customers, and inquiries related to the second quarter and second half of the year.”
She added, “We do have additional spot orders coming in, and that should help us later in the year.”
Four Million Metric Tons of Alcoa Alumina Previously Destined for the Gulf
The disruption extends beyond finished aluminium. Alcoa is also a major alumina producer and has been shipping approximately four million metric tons of alumina to Middle East smelters annually to power their operations. With the Strait of Hormuz now closed to effective shipping traffic, that material is being redirected.
Ms Beerman noted that all of the alumina supply that would normally have moved into the Middle East is now finding alternative destinations. She indicated the material is most likely moving into China, representing a significant reorientation of one of the world’s largest alumina trade flows.
Aluminium Prices and the Midwest Premium Record
Aluminium prices climbed to their highest point since 2022 last week after the United States and Israel began attacks on Iran, before paring back some of those gains. The Gulf aluminium production cuts contributed directly to the price spike as markets priced in the reduction in available supply.
Figure 3: Aluminium coils stored in a factory warehouse ready for distribution [Courtesy: Freepik]
The Midwest aluminium premium record was set last week, with the premium climbing to US$1.10 per pound. The Midwest premium represents the additional amount added to global benchmarks to deliver aluminium into the United States region, and its move to a fresh record reflects the tightening of supply available to American buyers in particular.
Industry Outlook
Gulf aluminium production cuts of this scale have not been seen in recent years and represent a meaningful structural shift in global supply availability. The Middle East accounts for approximately 9 per cent of global aluminium output, and any prolonged curtailment will continue to redirect buyer demand toward producers in North America, Australia, and other regions outside the conflict zone. The Midwest aluminium premium record set last week signals that US buyers are already pricing in sustained tightness, and further increases remain possible if the Strait of Hormuz closure extends into the second half of 2026.
Future Direction and Impact
Alcoa new aluminium orders flowing in for the second half of 2026 suggest the Company is well-positioned to capture demand displaced by the Gulf aluminium production cuts. The redirection of Alcoa’s own alumina shipments away from …
Two ASX Blue-Chips Are Bleeding Quietly as Oil Blows Past US$100 a Barrel
Crude oil has smashed through the US$100 per barrel mark, and while energy stocks are celebrating, two of the ASX’s most dependable blue-chip names are sitting firmly in the crosshairs. Before the United States attacked Iran at the end of last month, crude oil was trading at around US$72 per barrel. It has since crossed US$100, at one point approaching US$120 last week.
The trigger was the closure of the Strait of Hormuz, a critical chokepoint that usually hosts about 20% of the world’s oil traffic, following the outbreak of the US-Iran War.
The shockwaves have been severe. The S&P/ASX 200 Index (ASX: XJO) has dropped roughly 6.5% through March alone. But the real damage for everyday investors may be hiding in plain sight, inside the logistics networks of a supermarket giant and the toll roads that millions of Australians drive every day.
What Happened: A Strait Shuts and Oil Explodes
As of mid-March 2026, Brent crude oil was trading at approximately US$102 per barrel, up around USD$30 compared with a year ago. The speed of that climb has caught markets off guard.
On the ground in Australia, the national average petrol price reached 219.5 cents per litre for the week ending March 15, 2026, while diesel hit 245.6 cents per litre. These are not just numbers on a screen. They flow directly into the operating costs of businesses that move goods and manage infrastructure across the country.
Importantly, the oil price is up a striking 69.2% in 2026. That kind of move in such a short window forces CFOs to rewrite their cost assumptions almost overnight.
Brent crude oil price movement in 2026 [Trading Economics]
Why It Matters to ASX Investors
Rising oil prices don’t just hurt airlines and energy importers. They eat into the margins of any business that depends on fuel to function. That means freight operators, distribution networks, and any company with a fleet of heavy vehicles rolling across the country daily.
Australia imports roughly 90% of its refined fuel products. There’s no domestic buffer. When global prices spike, Australian businesses absorb the hit almost immediately. For companies that can’t easily pass costs to consumers, that’s a direct drag on earnings.
The broader ASX 200 has already been rattled by Middle East oil tensions before, but the current conflict represents the sharpest supply disruption since Russia’s invasion of Ukraine in 2022.
Who Is in the Firing Line: Woolworths and the Diesel Problem
Woolworths Group Limited (ASX: WOW) looks, at first glance, like a business insulated from oil shocks. It sells groceries, not petrol. But that view misses the engine room of the company’s operation.
Woolworths runs one of Australia’s largest private logistics networks. Goods move from suppliers to distribution centres, then out to more than 1,000 stores nationwide. On top of that, the company’s home delivery service adds another layer of diesel-powered movement across suburban Australia.
This vast logistics network that moves huge volumes of groceries around the country is heavily reliant on diesel-powered trucking. Its fuel bill has probably already ballooned and could continue to do so as long as oil prices remain elevated.
Woolworths faces a difficult choice. It can absorb the higher costs, which hit profit margins. Or it can pass them on to customers already under pressure from fuel costs weighing on Australian households. Neither option is clean.
How Transurban Is Exposed: Traffic May Thin Out
Transurban Group (ASX: TCL) is a different kind of business. It owns and operates toll roads in Sydney, Melbourne, and Brisbane, and collects steady, inflation-linked revenue from the vehicles that use them. Income …
Culpeo Minerals Strengthens Its Position at Lana Corina with Improved Earn-In Terms
Culpeo Minerals Limited (ASX: CPO, OTCID: CPORF)...
ASX: NHC Half-Year Results Presentation Highlights Show Profit Decline Amid Stable Coal Production
Earnings Take a Sharp Hit as Coal Prices Slide
New Hope Corporation Limited posted a significant earnings drop for the six months ending 31 January 2026, hit hard by falling coal prices and squeezed margins.
Underlying EBITDA fell 58.5% to $214.8 million. Statutory net profit after tax dropped 84.0% to $54.3 million. Cash flow from operations declined 41.6% to $185 million. The company still declared a fully franked interim dividend of 10.0 cents per share.
Production was broadly flat. Run-of-mine coal output fell 4.3% to 7.9 million tonnes, while saleable production edged up 0.4% to 5.5 million tonnes. Coal sales grew 2.9% to 5.6 million tonnes, reflecting steady demand across export markets.
Safety performance deteriorated. The Total Recordable Injury Frequency Rate climbed 18.0% to 3.80 for the period.
New Hope Corporation operates major coal mining assets across New South Wales and Queensland. (Image: IStock)
When Prices Fall, Even Steady Output Isn’t Enough
Coal prices averaged US$108 per tonne in the first half of FY26, down from US$136 per tonne a year earlier. That price drop fed straight into margins; the underlying margin per tonne fell 51.1% to $40.9, showing just how quickly earnings can erode when volumes hold, but prices don’t.
Continued dividend payments and active capital management point to a company that believes the current price weakness is cyclical rather than permanent. That same capital discipline is playing out across the broader Australian resources sector, where BHP’s $1.4 billion Port Hedland expansion is being weighed against Rio Tinto’s mine-led growth strategy as both miners bet on long-term Asian demand.
The People and Assets Behind the Numbers
CEO Rob Bishop led the results presentation, covering financial performance, operational progress, and the production outlook across New Hope’s mining portfolio.
New Hope Corporation CEO Rob Bishop presented the company’s half-year results to investors on 17 March 2026. [AFR]
New Hope Corporation Limited is an Australian energy and resources company focused on coal production and infrastructure. Its main assets are the Bengalla Mine in New South Wales and the New Acland Mine in Queensland.
The company also holds a stake in Malabar Resources Limited, operator of the Maxwell Mine underground project. Underground mining expansion is gaining momentum across the Australian gold and coal sectors, as seen with Pantoro Gold’s confirmation of a third underground mine at its Norseman Gold Project.
Growth Projects Keeping the Long-Term Story Alive
Management outlined several priorities aimed at lifting output and keeping costs in check.
- Bengalla Growth Project—expanding production capacity at the NSW flagship mine.
- New Acland ramp-up—building toward a target of roughly 5 million tonnes of saleable coal per year from the Queensland operation.
- Maxwell Mine exposure—ongoing underground production of semi-soft coking and thermal coal through the Malabar Resources stake.
- Capital management—dividends, share buybacks, and the dividend reinvestment plan all remain active.
The Bengalla Growth Project and New Acland Mine ramp-up are central to New Hope’s production expansion strategy through FY28. [Australian Mining]
Key Dates Shaping the Results and What Comes Next
- 31 January 2026 — End of the FY26 half-year reporting period.
- 17 March 2026 — Results presentation released to the ASX.
- FY26–FY28—Planned production increases at Bengalla and New Acland.
- Long-term—Maxwell Mine is expected to add production over its approved operating life.
Market Reaction
New Hope shares sold off after the announcement. The stock traded at $4.945, down $0.354 or 6.698% on the day, with volume hitting 4,852,486 shares. The bid-offer spread sat at $4.940–$4.950. Market capitalisation stood at approximately $4.46 billion.
New Hope Corporation Limited Share price [ASX]
Earnings-driven moves are …
Horizon Minerals Closes $175M Placement as SPP Adds $4.65M to Black Swan War Chest
Horizon Minerals Limited (ASX: HRZ) has wrapped up a pivotal capital-raising campaign, confirming the results of its Share Purchase Plan (SPP) on 17 March 2026. The SPP raised approximately $4.65 million, sitting on top of the company’s headline $175 million institutional placement, a combination that now fully funds the development of the Black Swan Processing Hub (BSPH) near Kalgoorlie, Western Australia.
Figure 1: Black Swan Processing Plant and Supporting Infrastructure [Horizon Minerals]
For investors tracking the Horizon share price news, the dual raise marks one of the more significant funding events in the company’s recent history.
A Deal Built on Institutional Confidence
The $175M Placement That Started It All
Horizon Minerals announced the $175 million fully underwritten two-tranche placement on 19 February 2026. The company issued approximately 162 million new fully paid ordinary shares at $1.08 per share, a 12.6% discount to its closing price on 16 February 2026, and a 14.4% discount to the five-day volume weighted average price.
Petra Capital Pty Limited acted as Sole Lead Manager, Sole Bookrunner and Sole Underwriter, with Euroz Hartleys serving as co-manager. Tier-one institutional and high-net-worth investors backed the raise, signalling serious confidence in the company’s Black Swan strategy.
The placement structured in two tranches:
- Tranche 1: ~$55 million, issued under ASX Listing Rules 7.1 and 7.1A, settled around 24 February 2026
- Tranche 2: ~$120 million, subject to shareholder approval at the Extraordinary General Meeting (EGM) scheduled for 7 April 2026
The SPP: Giving Retail Shareholders a Seat at the Table
Who Could Participate and How
The Share Purchase Plan targeted eligible shareholders — those with a registered address in Australia or New Zealand, recorded on the Company’s share register as at 5:00 pm (AWST) on 16 February 2026.
Each eligible shareholder could subscribe for up to $30,000 worth of new fully paid ordinary shares at $1.08 per share — the same price paid by institutional investors under the placement. This parity pricing gave retail investors a fair entry point rather than a disadvantaged one.
The SPP closed at 5:00 pm (AWST) on 10 March 2026.
What the Numbers Showed
Under the SPP, valid applications came in for 4,306,909 new shares, raising $4.65 million before costs. The Company will issue these shares on 17 March 2026.
That result left a shortfall of approximately 4,925,350 shares. In line with the SPP Terms and Conditions, Horizon reserves the right to place those Shortfall Shares at its discretion, subject to compliance with ASX Listing Rules 7.1 and 7.1A, and subject to shareholder approval at the 7 April EGM.
This type of retail shortfall is not unusual for a company simultaneously running a large institutional placement. Many eligible shareholders may have already deployed capital through the broader placement channels.
Also Read: Ausgold Secures Critical Land for Katanning Gold Project
The Project That Drives Everything
Black Swan: From Nickel Plant to Gold Hub
The reason Horizon needed this level of capital is straightforward: the Black Swan Processing Hub is a major infrastructure transformation. The company acquired the 2.2 Mtpa concentrator through its merger with Poseidon Nickel and is now converting it into a gold carbon-in-leach (CIL) circuit.
Scoping study outcomes released alongside the placement announcement pointed to an attractive development opportunity:
- Average annual gold production: approximately 102,000 ounces
- Mine plan: incorporates ~74% Measured and Indicated Resources
- Total pre-production capital expenditure: $160.5 million
- Construction commencement: targeted for mid-2026
- Mill commissioning: targeted for mid-2027
The BSPH sits 40 kilometres northeast of Kalgoorlie-Boulder and draws from Horizon’s total mineral resource of 34.32 Mt at 1.7 g/t gold for 1.88 million ounces, spread across 1,386 square kilometres of tenure. Deposits at …
Vulcan Advances Lionheart After Lithium Licence Approval
Vulcan Energy Resources (ASX: VUL) has secured its first lithium production permit for the Lionheart Project, marking a significant step in the Company’s Vulcan Lionheart project update for 17 Mar 2026. The licence is the first of its kind to be granted in the Upper Rhine Valley Brine Field (URVBF) and in the state of Rhineland-Palatinate.
Figure 1: Lionheart lithium extraction facility rendering [Courtesy: Vulcan Energy]
The lithium licence approval news carries particular weight because Lionheart is already funded and in construction, backed by a EUR2.2bn (A$3.9bn) financing package executed in December 2025. With commercial production targeted for 2028, this permit moves Vulcan meaningfully closer to becoming Europe’s first fully domestic lithium supply chain.
LiThermEx Licence Scope and Coverage Within Lionheart
A Permit Built on an Already-Producing Site
The production licence, designated LiThermEx, covers Vulcan’s Insheim geothermal production permit area within the Lionheart Project. The Insheim area is already generating renewable heat and power, making it an active site rather than a greenfield start.
The LiThermEx licence has been granted for an initial six years. Vulcan intends to extend it to a minimum of 30 years, consistent with the Lionheart Project Field Development Plan.
Figure 2: Map showing Vulcan Energy’s Lionheart Project area across the Upper Rhine Valley Brine Field spanning Germany and France [Courtesy: Vulcan Energy]
Further Licences Planned Across the Lionheart Area
The LiThermEx licence is the first of several planned for the broader Lionheart Project area. Additional lithium production licences are expected to follow, progressively covering the full extent of the URVBF licence footprint.
This staged licensing approach reflects how lithium mining works within Vulcan’s model, where each permit area is progressively advanced as regulatory approvals are secured alongside construction milestones.
Lionheart’s Production Targets and Energy Output
Production Capacity and Energy Co-Product
The Vulcan Lionheart project update confirms the Project’s Phase One production target remains at 24,000 metric tonnes of lithium hydroxide monohydrate (LHM) per annum. That volume is equivalent to supplying approximately 500,000 electric vehicle batteries each year.
Alongside lithium output, Lionheart is designed to produce 275 GWh of renewable power and 560 GWh of renewable heat per annum for local consumers. The Project is designed for a 30-year operational life.
Vulcan’s Geothermal Extraction Method
Understanding how lithium mining works here sets Vulcan apart from conventional producers. Lithium is extracted from naturally heated geothermal brines beneath the Upper Rhine Valley using Vulcan’s proprietary VULSORB technology, rather than through hard rock mining or evaporation ponds.
The brine is drawn from depth, lithium is extracted, and the geothermal heat is used to power the conversion process. Surplus renewable energy is sold into the local market, creating a low-carbon production model that underpins the Company’s positioning as a carbon-neutral lithium producer.
Management Comment on the Milestone
CEO Cris Moreno on the Licence and Construction Progress
Vulcan Managing Director and CEO Cris Moreno described the permit as another important milestone for the Vulcan Lionheart project update. He thanked the Mining Authority in Rhineland-Palatinate for their collaboration throughout the approval process.
Figure 3: Cris Moreno, Managing Director and CEO of Vulcan Energy Resources [Courtesy: Vulcan Energy]
Mr Moreno stated the lithium licence approval news sits alongside the EUR2.2bn (A$3.9bn) funding package, which supports construction activities currently underway. He added that the Company is another step closer to delivering Europe’s first fully domestic lithium supply chain, powered by geothermal energy co-production.
Industry Outlook
The lithium licence approval news from Vulcan comes at a time when Europe is actively working to reduce its dependence on imported battery materials. Demand for lithium hydroxide is expected to grow substantially through the decade …
Perseus to Sell Meyas Sand Project Stake for $260M
Perth-based gold producer Perseus Mining Limited (ASX/TSX: PRU) dropped a major announcement on 16 March 2026; the company signed a Share Purchase Agreement (SPA) to offload its 70% group interest in the Meyas Sand Gold Project (MSGP) in Sudan. The buyer is Hong Kong Matrix Golden Fortune Mining Limited, a wholly owned subsidiary of Matrix Resources (Zhejiang) Co., Ltd., for a total cash consideration of US$260 million (approximately A$372 million).
The Perseus Mining $260M deal marks one of the most significant portfolio moves the company has made since it first entered Sudan in 2022.
Figure 1: Meyas Sand Gold Project (MSGP) site map in Sudan [Perseus Mining Limited]
The Details of the $260 Million Perseus Mining Deal
Breaking Down the Transaction
Perseus structured the sale through its wholly owned subsidiary, Perseus Sudan Holdings Pty Ltd, which sells Shark (BVI) Inc, the entity that indirectly holds the 70% group interest in the MSGP.
The purchase price breaks down as follows:
- US$10 million — deposit received on signing of the SPA
- US$250 million — payable on completion of the transaction
- Completion date — agreed as Wednesday, 22 April 2026
- Basis of sale — “as is, where is,” subject to customary representations and warranties
- Conditions to completion — none
Perseus Mining acts as the Seller’s Guarantor in the transaction, and the Matrix Group’s obligations carry a guarantee from its ultimate parent, Zhejiang Lygend Investment Co Ltd.
Who Sits on Each Side of the Table
Perseus Mining: The Seller
Perseus Mining operates three producing gold mines across Africa — Edikan in Ghana, and Sissingué and Yaouré in Côte d’Ivoire. The company also holds a development asset in the Nyanzaga Gold Project in Tanzania, targeting first gold in Q1 2027.
Managing Director and CEO Craig Jones leads the company. The board includes Non-Executive Chairman Rick Menell and five other independent non-executive directors.
For investors tracking ASX 200 income and growth picks in 2026, Perseus has consistently attracted attention for its multi-mine African portfolio and its capacity to generate free cash flow across commodity cycles.
The Buyer: Matrix Group and Lygend Investment
The buyer, Hong Kong Matrix Golden Fortune Mining Limited, operates as a wholly owned subsidiary of Matrix Resources (Zhejiang) Co., Ltd. The ultimate parent entity guaranteeing the deal is Zhejiang Lygend Investment Co Ltd — a diversified mid-tier mining operator with deep experience in Indonesia.
Lygend Investment holds leading cost positions in both HPAL (High-Pressure Acid Leach) and RKEF (Rotary Kiln Electric Furnace) nickel production. The group is also rapidly expanding its footprint across Central Asia, Africa, and the Pacific Islands.
Why Perseus Decided to Sell
A Protracted Conflict Changed Everything
Perseus originally acquired the MSGP in May 2022 through its 100% purchase of Orca Gold Inc. (TSXV: ORG) for approximately A$230 million. At the time, the project carried serious long-term potential — scoped to produce around 228,000 ounces of gold per year in its first seven years across a 13.5-year mine life.
But then Sudan’s security situation deteriorated sharply. In April 2023, armed conflict broke out between Sudan’s armed forces and the Rapid Support Force militia. Perseus shut its Khartoum office and evacuated staff from the exploration site. While the company later returned workers to the field, it deferred any investment decision indefinitely.
The prolonged instability made meaningful development progress near impossible.
CEO Craig Jones addressed this directly in the announcement: “A strategic review of MSGP was undertaken as a result of the protracted armed conflict in Sudan and its impact on Perseus’s ability to progress the development at suitable scale.”
Portfolio Optimisation Drove the Final Call
After weighing both development …
Kingsland Minerals Advances Leliyn Graphite Project After Positive Scoping Study Results
Leliyn Graphite Project Shows Strong Development Potential
Kingsland Minerals Limited has reported significant progress at the Leliyn Graphite Project in its half-year financial report for the period ending 31 December 2025. The Company confirmed that a recently completed scoping study highlighted strong technical and economic potential for the project.
The study outlines a proposed open-pit mining operation supported by a new processing facility capable of handling around 1.5 million tonnes of ore annually. The operation would process graphite ore using flotation recovery techniques to produce graphite concentrate for industrial and energy applications.
Leliyn Graphite Project in Australia’s Northern Territory, the flagship asset of Kingsland Minerals. [Kingsland Minerals]
According to the study, the project could produce approximately 662,000 tonnes of graphite concentrate during a 6.9-year processing period. Average annual production is estimated at about 94,500 tonnes, with projected lifetime revenue reaching roughly A$1.05 billion.
Rising Graphite Demand Supports Project Significance
Graphite has become a strategic mineral as demand grows across electric vehicle and energy storage industries. The material plays a critical role in lithium-ion batteries, particularly in battery anodes used in electric vehicles and renewable energy storage systems.
Projects capable of producing battery-grade graphite are gaining attention from investors and governments seeking secure supply chains. Australia has increasingly positioned itself as a major supplier of critical minerals needed for the global energy transition.
The Leliyn project’s cost structure also provides an early indicator of economic viability. The scoping study estimates operating cash costs of about A$651 per tonne of graphite concentrate and an all-in sustaining cost of around A$796 per tonne, suggesting competitive operating potential if development progresses.
Graphite is a critical mineral used in lithium-ion batteries for electric vehicles and energy storage systems. [IStock]
Company Leadership and Strategic Partnerships
Kingsland Minerals Limited is an Australian mineral exploration company focused on developing critical mineral resources. Its exploration portfolio includes several projects across Australia, with Leliyn currently the Company’s primary focus.
The Company strengthened its leadership team with the appointment of Chairman Anthony Latimer in October 2025. Latimer has more than 40 years of experience in corporate advisory, mergers, and acquisitions across mining, energy, agriculture, and infrastructure sectors.
Non-Executive Chair of Kingsland: Anthony Latimer [Kingsland]
The Company has also attracted investment from Quinbrook Infrastructure Partners, which participated in recent capital raising initiatives. The strategic investment increased Quinbrook’s stake in the Company and highlighted growing investor interest in the project’s long-term potential.
Strategic Focus on Northern Territory Development
The Company’s exploration and development activities are centered in Australia’s Northern Territory, where the Leliyn project benefits from proximity to established transport infrastructure and regional development initiatives.
Key strategic focus areas
- Expanding the graphite resource through further drilling
- Developing mine and processing infrastructure
- Advancing downstream testing for battery-grade graphite
- Evaluating potential strategic partnerships within the battery supply chain
Metallurgical test work has already demonstrated the ability to produce purified spherical graphite with carbon purity exceeding 99.95%, meeting key specifications for battery anode materials.
Project Milestones and Development Timeline
Over the past two years, the company has released multiple updates as exploration and technical evaluation progressed at the Leliyn site.
Project development timeline
- March 2024: Initial exploration identifies significant graphite mineralisation
- April 2025: Mineral resource upgrade supports scoping study preparation
- September 2025: Scoping study confirms strong project economics
- December 2025: Half-year financial report highlights project progress
The study estimates a development period of approximately 104 weeks before production could begin, assuming further approvals and financing are secured.
Market Snapshot
Shares of Kingsland Minerals Limited traded at $0.085, reflecting a decline of $0.004 (-5.55%) in the latest trading session.
- Market
Ora Banda’s Little Gem: Why It Is a Standout Gold Asset in 2026
Ora Banda Mining (ASX: OBM) has released a significant Ora Banda exploration update from its Little Gem Prospect, located within its Davyhurst Gold Project in Western Australia. The latest drilling has expanded the mineralised envelope to more than 1,500 metres of strike and 750 metres vertically below surface, with mineralisation remaining open in all directions.
Figure 1: Regional map showing the Riverina, Little Gem Trend and surrounding prospects [Courtesy: Ora Banda Mining]
The update also confirmed the discovery of the Sapphire Trend, a new mineralised structure located 200 metres east of the Little Gem Trend, running parallel to it. A maiden mineral resource estimate for Little Gem is expected in the second half of the 2026 calendar year, with drilling currently ongoing.
Drilling Confirms a Growing Multi-Lode System at Little Gem
Scale Expands Beyond Previous Boundaries
The Ora Banda Mining Company profile at Little Gem has grown materially with this program. The mineralised envelope has now been confirmed at over 1,500 metres of strike and 750 metres below surface, with mineralisation open at depth and along strike in all directions.
More than 150 drill holes have now been completed across the Little Gem Prospect. The Little Gem Trend forms part of a broader north-south striking system that extends from Riverina to Sunraysia over a total strike of 7.5 kilometres.
Figure 2: Drone image looking north showing the location of the Little Gem and Sapphire Trends near the Riverina Mine. [Courtesy: Ora Banda Mining]
Standout Drill Intercepts from the Little Gem Trend
The Ora Banda exploration update returned high-grade results across multiple holes on the Little Gem Trend. Significant intercepts include:
- 10.0 metres at 6.9 g/t gold, including 2.0 metres at 26.9 g/t gold
- 6.0 metres at 11.3 g/t gold, including 1.0 metre at 60.0 g/t gold
- 20.1 metres at 2.9 g/t gold, including 0.8 metres at 11.3 g/t gold
- 16.0 metres at 3.0 g/t gold, including 1.0 metre at 17.2 g/t gold
- 14.9 metres at 3.2 g/t gold, including 0.9 metres at 11.0 g/t gold
Both the Little Gem and Sapphire Trends are broad north-south striking mineralised packages composed of multiple sub-parallel and sub-vertical gold lodes. The mineralisation geometry remains predictable as drill spacing reduces, with macro high-grade plunges identified at approximately 30 degrees to the south, consistent with those seen at Riverina.
The Sapphire Trend Opens a Second Exploration Corridor
A New Lode System Confirmed 200 Metres East of Little Gem
Step-out drilling confirmed the Sapphire Trend 200 metres east of the Little Gem Trend. The Sapphire Trend presents as a new potential lode system running parallel to Little Gem and has not yet been specifically targeted in dedicated exploration programs.
Figure 3: Oblique geological view illustrating the Riverina–Sunraysia mineralised corridor along the Little Gem Trend. [Courtesy: Ora Banda Mining]
Significant intercepts from the Sapphire Trend include 18.0 metres at 2.7 g/t gold, 10.2 metres at 4.2 g/t gold, including 0.4 metres at 39.5 g/t gold, and 11.5 metres at 2.8 g/t gold, including 0.9 metres at 15.2 g/t gold. These results point to the growing significance of the Sapphire Trend’s mineralisation potential.
Sunraysia Prospect Adds Further Strike to the System
Drilling at the Sunraysia Prospect, located 3 kilometres south of the Little Gem Prospect on the same Little Gem Trend, has added a further 800 metres of prospective strike. Mineralisation at Sunraysia remains open to the south.
Figure 4: Long-section view of the Riverina to Sunraysia system highlighting significant drill intersections along the Little Gem Trend. [Courtesy: Ora Banda Mining]
Significant intercepts at Sunraysia include 9.0 metres at 4.1 g/t gold including 2.0 metres at 14.5 g/t gold, …
Queensland Vanadium Region About to Reshape Global Supply Chains
Most Australians know Queensland for coal, copper, and zinc. But a sweeping belt of territory stretching from Julia Creek to Richmond in the state’s north-west holds a resource that has quietly climbed the global agenda: vanadium.
The numbers are hard to ignore. Australia hosts the world’s highest vanadium reserves, around 8.5 million tonnes as of 2024, according to the US Geological Survey. Queensland punches well above its weight within that total, with the Julia Creek and Richmond regions alone containing multiple world-scale deposits.
This isn’t new geology. But what’s new is the urgency, the investment, and, critically, the government machinery now moving behind it. Vanadium investment Queensland has entered a different phase, and the global supply chain is about to feel it.
Figure 1: Queensland’s Julia Creek–Richmond region holds major vanadium reserves, attracting investment and government backing that could reshape global supply chains. [Source: Pexels]
What Makes This Region So Significant
One of the Single Largest Vanadium Deposits on Earth
The Julia Creek Vanadium and Energy Project, operated by ASX-listed QEM Limited (ASX: QEM), holds a JORC-compliant resource of 2.87 billion tonnes at an average grade of 0.31 per cent vanadium pentoxide (V₂O₅). That makes it one of the single largest vanadium deposits anywhere in the world.
The deposit forms part of the vast Toolebuc Formation, a geological sequence of vanadium and oil shale that the region has been built on for millions of years.
Just down the road, Richmond Vanadium Technology (RVT) holds the Lilyvale deposit: a mineral resource of 1.8 billion tonnes at 0.36 per cent V₂O₅, making it the world’s largest non-titanomagnetite vanadium deposit of its kind.
And then there’s Critical Minerals Group (ASX: CMG) and its Lindfield vanadium project — another 713 million tonne resource at 0.32 per cent vanadium pentoxide, sitting in the same North West Minerals Province corridor.
The key takeaway: this isn’t one project. This is a region.
Why Vanadium Matters Right Now
- Steel industry: Vanadium has long been a core strengthening agent in rebar and structural steel, and new Chinese rebar standards introduced in 2025 now mandate higher vanadium content, tightening global demand
- Energy storage: Vanadium redox flow batteries (VRFBs) are forecast to grow at more than 20 per cent per year, making them one of the fastest-growing clean energy applications on the planet
- Supply chain vulnerability: Around 70 per cent of current global vanadium production comes from China and Russia — a concentration that has alarm bells ringing in Western capitals
- Critical mineral status: The Australian Government lists vanadium as a critical mineral, with the Federal Future Made in Australia package now offering tax incentives covering 10 per cent of production and refining costs
The Queensland Government Backs In
A $10 Million Anchor Investment
In September 2025, the Crisafulli Government committed $10 million to Vecco Group’s vanadium electrolyte facility in Townsville, delivered in partnership with Idemitsu Australia. The facility, built to anchor a pit-to-port product manufacturing chain, will draw vanadium sourced directly from Julia Creek.
Early construction works are scheduled to begin in 2026, with full operations targeted for early 2028.
That investment alone is expected to create close to 600 jobs across North and North West Queensland — a significant lift for communities in the Julia Creek and Richmond districts.
“Queensland has the resources the world needs, and the Crisafulli Government is making sure those resources deliver jobs, trade, and prosperity for our regions,” said Minister for Finance, Trade, Employment and Training Ros Bates at the announcement.
The Common User Facility: Infrastructure for the Whole Sector
The Queensland Resources Common User Facility (QRCUF), under construction at Cleveland Bay Industrial …
Berkeley Energia Releases Half-Year Financial Results
Berkeley Energia’s performance report shows how the operations were developing, and there were still legal problems. Berkeley Energia Limited has published its half-year 2025 interim financial report.
The firm has remained interested in the development of its 100 per cent owned Salamanca Uranium Project in western Spain. The initiative lies in an ancient uranium mining area, approximately three hours west of Madrid.
Berkeley thinks that Salamanca would be able to manufacture over four million pounds of uranium a year, which is approximately one-tenth of European production.
The company, as well, increased exploration targeting of lithium and other vital minerals in western Spain throughout the reporting period.
Berkeley Energia continues developing the Salamanca uranium project in Spain. [Courtesy: Shutterstock]
What Does The Berkeley Energia Performance Update Reveal About Financial Results?
According to the Berkeley Energia half-year report, the net loss was -3,446,000 during the six months ending 31 December 2025. This is compared to an amount of $831,000 that the company made a profit in the year 2024.
The interest income automatically reduced to $1,204,000 compared to the previous interest of $1,643,000 as a result of a reduction in interest rates on cash in the hands.
The cost of arbitration also increased by a big margin to $2,494,000 as compared to the previously existing cost of 577,000.
Exploration and evaluation expenses amounted to $1,718,000, which is a bit lower than the expenses of 2,108,000 incurred the previous year. There were also effects of the foreign exchange of the results, which resulted in a loss of $1,487,000 as compared to a gain of 4,819,000 in the past.
Conchas Project Exploration Delivers Encouraging Lithium Results
Berkeley continued its exploration program on the Conchas Project on lithium and rubidium mineralisation.
The project occupies an area of about 31km 2 around the Portuguese border in Salamanca province. Deep and thick deposits of lithium and rubidium with accessory metals were confirmed by drilling programs.
Some of the results were intercepts of 61m at 0.50% Li2O and 0.21% Rb2O on the surface and 56m at 0.48% Li2O and 0.21% Rb2O. Metallurgical examination revealed that the recoveries were high using flotation and magnetic separation.
At acceptable grades, cleaner flotation recovered 77.5 per cent of the total lithium and 62.7 per cent of the total rubidium. These findings justify additional geological modelling and estimate resources.
Conchas Project drilling confirms lithium and rubidium mineralisation potential. [Courtesy: Earth.com]
Why Does The Berkeley Energia Performance Update Matter For Investors?
The reason why the Berkeley Energia performance update is important is that the company is still in a stable position financially and is pursuing strategic projects. Berkeley recorded cash reserves of $68,408,000 on 31 December 2025.
The balance sheet presents no debt, although the figure is slightly less than 73594000 at 30 June 2025. The net assets were registered at 76,056,000, which indicated a reduction of seven per cent relative to mid-year.
The firm has the financial flexibility to proceed with project development and exploration, though it is currently making losses. As nuclear energy gets back into the limelight, investors are carefully monitoring the developments on uranium supply in European countries.
Arbitration Case Against Spain Could Shape Future Outlook
The arbitration case that Berkeley has against the Kingdom of Spain is still the main strategic problem. In May 2024, the company’s subsidiary, Berkeley Exploration Limited, arbitrated the International Centre of Settlement of Investment Disputes (ICSID).
The conflict is associated with the regulatory measures concerning the Salamanca Project. In February 2026, Berkeley filed a Memorial of Claim requesting the compensation of US1.25 billion under the Energy Charter Treaty.
Spain has seven months …
Metro Mining Operational Update: What Investors Should Know
Metro Mining Limited (ASX: MMI) kicked off its 2026 operating season on 11 March, restarting operations at its Bauxite Hills Mine in Cape York, North Queensland, following a planned wet season shutdown. The latest Metro Mining operational update signals a confident return to production, underpinned by a completed maintenance programme, a dry-docking vessel on schedule, and full-year shipment guidance of 6.6 to 7.1 million wet metric tonnes (WMT).
The Mine Behind the Milestone
Location and Operational Background
The Bauxite Hills Mine sits roughly 95 kilometres north of Weipa on the Skardon River, operating on the Weipa bauxite plateau in Far North Queensland. Metro Mining has run the site since April 2018, and the operation has grown into one of Australia’s most prominent independent bauxite producers.
Figure 1: An image of ongoing drilling in Bauxite Hills Mine [Metro Mining]
Reserves and Resource Outlook
As of the end of 2024, Bauxite Hills held ore reserves of 77.7 million tonnes, supporting roughly 11 years of mine life. An additional mineral resource base of 114.4 million tonnes extends that outlook by approximately five more years.
Export Logistics and Key Markets
Metro ships its high-alumina bauxite directly to customers across Asia, predominantly China, via very large ore carriers, benefiting from a short nine-day voyage that keeps freight costs competitive.
Wet Season Maintenance Sets the Stage for Restart
Annual Wet Season Servicing Programme
Every year, Metro Mining uses the North Queensland wet season as an opportunity to service and inspect its equipment. This year’s shutdown delivered a thorough programme across the mining fleet, pontoon, and Barge Loading Facility.
The company confirmed that all required inspections and servicing have wrapped up successfully, positioning the operation for a safe and productive restart.
Early Mining and Operational Priorities
With approximately 20,000 WMT of bauxite already pre-loaded on barges and around 150,000 WMT sitting on the ROM (run-of-mine) stockpile, mining teams will focus early efforts on:
- Pre-stripping activities to expose fresh ore,
- Grade control to maintain product quality,
- Road maintenance to support haulage operations.
The OFT Ikamba Dry-Dock: On Track and Progressing Well
Role of the Offshore Floating Transhipper
One of the key items in this Metro Mining operational update is the dry-dock programme for the OFT Ikamba, the company’s offshore floating transhipper. The vessel played a strong role in 2025, recording impressive loading performance and availability, and Metro has taken this scheduled downtime to invest in a comprehensive refurbishment.
Current Progress of the Dry-Dock Programme
As of 11 March, the programme sits at 40 per cent completion, with all critical-path items well progressed. Structural and safety inspections have cleared without issue. Major refurbishment tasks currently underway include:
- Replacement of the Crane No. 2 slew bearing,
- Luffing cylinder and gearbox replacement,
- Hull blasting and repainting,
- Winch repair.
Expected Return to Service
Metro expects the Ikamba to depart the shipyard in late March 2026, with a return to operating duty at Bauxite Hills before the end of April. These upgrades are designed to enhance the vessel’s reliability and throughput rates for 2026 and beyond.
Maintaining Shipping Throughput During the Dry-Dock Gap
Metro has moved proactively to ensure the Ikamba’s temporary absence does not disrupt delivery schedules. From mid-March, the company will commence barge loading as ship arrivals and weather conditions allow.
Dual-Loading Operations Strategy
To cover the gap, Metro has chartered geared vessels to conduct dual-loading operations alongside the TSA Skardon Floating Crane. This parallel approach allows the company to maintain shipping throughput rates and protect both customer delivery timelines and sales volumes.
Seasonal Operational Advantages
CEO and Managing Director Simon Wensley had previously described the second half of …
Orica Shares in Focus After First-Half Business Update
Orica Limited has put its stocks into the limelight following its Orica financial results for the first half of FY2026. The Australian explosives and chemicals manufacturer said that it experienced good operational momentum in the first five months of the financial year.
The management also reported that the first-half earnings before interest and taxes (EBIT) were supposed to be higher than previously planned. The development has been facilitated by the high demand in the mining and infrastructure sectors, as well as the increasing use of the company’s blasting technology and digital solutions.
The total income of all three parts, such as Blasting Solutions, Digital Solutions and Specialty Mining Chemicals, is expected to increase when compared to the previous similar quarter.
This performance is an indicator of prevailing set world needs of sophisticated blasting services and mining chemicals, which are still very important in the contemporary extraction of resources.
Orica operations support global mining and infrastructure blasting technologies. [Courtesy: Mining Outlook]
Orica Financial Results FY2026 Highlight Strong Underlying Performance
As indicated in the Orica financial results FY2026 update, the core businesses of the company are not undergoing any major threats even amidst global economic uncertainties. The Blasting Solutions division recorded good demand in mining and civil infrastructure value chains.
Digital Solutions, on the other hand, was showing wastage as more and more customers were embracing advanced monitoring and data platforms. Another division, the Specialty Mining Chemicals division, reported an increase in sales volumes following the acquisition of new contracts and the incorporation of new acquisitions like Cyanco.
The management assured the continuity of the depreciation and amortisation within the entire year, and it should be between 490 million and 510 million. The net finance expenses are predicted to be between 190 million and 200 million and are widely divided into both halves of the year.
The capital expenditure is also expected to remain steady within a broad range at the level of 2024; however, it will be concentrated in the second half.
Why Are Impairment Charges Affecting Orica Financial Results FY2026?
Even though the operating performance is robust, the Orica financial results for FY2026 update indicated considerable accounting effects associated with restructuring and asset impairments.
The firm anticipates a decrease of between 300 million and 350 million in the statutory net profit after tax in the first half.
The majority of these are associated with the impairment and restructuring expenses in the business of the Latin America Blasting Solutions, which can be in the range of between 290 and 335 million dollars.
Further restructuring costs of 10 to 15 million dollars are expected in the Europe, the Middle East and Africa region. Such charges are based on revised forward-order expectations and operations restructuring in a number of international markets.
The majority of these adaptations, however, are non-cash accounting relationships, which are estimated at 220 million to 245 million and are not direct operational losses.
Mining explosives and chemicals demand continues to drive Orica’s global operations. [Courstey: openPR.com]
Carbon Credit Sales And Technology Growth Support Earnings
The other critical aspect in the Orica financial results FY2026 update entails the anticipated gains of selling carbon credits and the advancement of technology. The company reported that the carbon credit deals should be completed in the month of March, and it will provide a benefit of up to $15 million in the first half.
In the meantime, repeat business on Terra Insights has empowered the Digital Solutions division as the company acquires new contracts in geographical locations. These are technology-based services that add to the traditional explosives business offered by Orica, and that offer …
Fortescue Expands Copper Portfolio with Alta Deal
Fortescue acquisition news took centre stage on 10 Mar 2026, when the Company confirmed the successful completion of its takeover of Alta Copper Corp. (TSX: ATCU). The deal was executed through Fortescue’s wholly owned subsidiary, Nascent Exploration Pty Ltd, via a Canadian Plan of Arrangement.
Figure 1: Fortescue corporate signage at company office exterior. [Courtesy: Bloomberg]
The transaction gives Fortescue (ASX: FMG) full ownership of a highly prospective copper asset in Latin America. It reinforces the Company’s copper project updates strategy and signals a broader push into critical minerals beyond its iron ore origins.
Terms and Structure of the Alta Copper Acquisition
Fortescue acquired all issued and outstanding common shares of Alta Copper Corp. not already held by the Company. Alta Copper shareholders received cash consideration of C$1.40 per share, implying a total equity value of approximately C$139 million.
Figure 2: Alta Copper Corp. company logo. [Courtesy: Yahoo Finance]
The structure used was a Canadian Plan of Arrangement, a court-approved process commonly used for major corporate transactions in Canada. This Fortescue acquisition news follows the Company’s existing stake in Alta Copper prior to the full buyout.
Inside the Canariaco Copper Project
The Canariaco Copper Project sits in Northern Peru within an emerging porphyry copper corridor. The Project covers 91 square kilometres of highly prospective tenure and hosts several copper deposits across the landholding.
Figure 3: Landscape view of the Canariaco Copper Project area in Northern Peru. [Courtesy: Alta Copper]
Porphyry copper systems are among the world’s largest sources of copper and often contain significant by-product minerals. The location within an emerging corridor adds further upside to the copper project updates Fortescue is now in a position to deliver.
Fortescue’s Established Footprint in Latin America
Fortescue has maintained a presence in Latin America since 2018. This regional experience is a meaningful advantage as the Company transitions from acquirer to operator of the Canariaco Copper Project.
The Company brings well-established technical capability, permitting experience, and community engagement expertise to the Project. These are critical factors in advancing a large-scale copper development in Peru, where stakeholder relationships directly shape project timelines.
Copper as a Core Pillar of Fortescue Corporate Developments
Fortescue Growth and Energy Chief Executive Officer, Gus Pichot, described the deal and said:
“Copper is a core pillar of Fortescue’s growth and diversification strategy, and the acquisition of Alta Copper builds on our existing critical minerals exploration activity.”
“In particular, the Cañariaco Copper Project strengthens Fortescue’s copper portfolio and provides exposure to a significant undeveloped resource within an emerging porphyry corridor in Northern Peru.”
“Our immediate focus will be on technical reviews, community engagement and advancing the studies required to inform future development decisions.”
Figure 4: Gus Pichot, CEO of Fortescue Growth and Energy. [Courtesy: Fortescue]
Industry Outlook
Global copper demand is forecast to rise significantly through the 2030s, driven by electrification, renewable energy infrastructure, and electric vehicle adoption. Porphyry copper deposits, such as the Canariaco Copper Project, are expected to play a central role in meeting that supply gap.
Peru remains one of the world’s leading copper-producing nations. Northern Peru’s emerging porphyry corridor is drawing growing interest from major miners seeking long-life, large-scale assets. Fortescue acquisition news of this nature reflects the broader race to secure copper resources ahead of peak demand.
Fortescue Share Price and Market Position
Fortescue (ASX: FMG) shares are trading at $19.150 per share, up $0.100 (0.524%) on the day. The Company carries a market capitalisation of $58.65 billion. The 52-week range stands at $13.180 to $23.380 per share.
Figure 5: Fortescue Metals Group (ASX: FMG) share price performance chart. [Courtesy: ASX]
Future Direction
…
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Australian ETF Market Breaks Records as 2025 Inflows Hit $53 Billion
Australia’s exchange-traded fund (ETF) market recorded its...
ASX Corporate Governance Reforms Drive Simpler Rulebook Plan
ASX Ltd, the market operator of Australia, has initiated a new...
Sims Limited FY26 Performance Delivers Strong First Half Results
Good first-half numbers were reported by Sims Limited, even though the commodity markets were mixed. The revenue stands at 3,778.6...
X Outage Disrupts Access as Tens of Thousands Report Service Failure Worldwide
X experienced a major outage on February 16, 2026, disrupting access for users across the United States...
St George Mining Secures Strategic Land Package to Fast-Track Araxá Niobium-Rare Earths Development
St George Mining Limited (ASX: SGQ) (“St George” or...
Tempest Sells Yalgoo Gold Project of Western Australia for A$4.5M
Tempest Minerals Ltd has sold the Yalgoo gold asset in Western Australia. In the deal, the company sold the project to
St George Secures Landmark Government Tax Support for World-Class Araxá Niobium–Rare Earths Project
St George Mining Limited (ASX: SGQ) (“St George Mining”...
CBA vs BHP: Which Boss Wins the ASX Leadership Battle?
BHP Group Limited reclaimed the title of the largest company in Australia. This shift occurred on 27 January 2026. The mining giant...
Dual Commodity Mining Projects Expand Western Queen Gold Potential
In Western Queen, Western Australia, Rumble Resources has been able to provide good drilling outcomes. The company recorded several...
Yugo Metals Delivers High-Grade Discovery as Sinjakovo Drilling Gains Momentum
Yugo Metals Limited (ASX: YUG) has launched its maiden...
Australian Miners Secure Growth as Global M&A Value Reaches Record Levels
Global merger and acquisition activity surged throughout 2025. Australian mining companies now sit at the centre of this massive...
ASX Surges as Utilities, Telcos and Miners Lead the Charge
The Australian sharemarket bounced decisively on Wednesday, shrugging off a nearly sideways session the previous day and delivering one...
How Metal Prices Affect Mining Profits As DPM Metals Posts Record 2025 Results
DPM Metals Inc. had posted record financial performance, where increased commodity prices contributed to margins and output. The
ASB Bank Delivers Steady Growth in CBA Half-Year Results
Commonwealth Bank of Australia (ASX: CBA) has released its
CSL CEO Exits Hours Before Earnings Release: What It Means for Investors
CSL Limited (ASX: CSL) has blindsided the market with the...
Cannindah Resources Launches Major Drill Campaign Targeting High-Grade Copper-Gold Zone in Queensland
Cannindah Resources Limited (ASX: CAE) (Cannindah or the...
ASX holds strength as tech rebounds; CSL shocks market with CEO exit
The S&P/ASX 200 edged marginally lower on Tuesday in a choppy session that began positively but faded late. It reflects a market...
Treasury Wine Estates Settles RNDC Dispute, Confirms 1H26 EBIT Outlook
Treasury Wine Estates (ASX: TWE) has reached a settlement agreement with Republic National Distributing Company following the...
Novo Resources Advances Wyloo with Multiple Drill-Ready Targets
Novo Resources has defined multiple drill-ready targets at its Wyloo gold, silver, and antimony Project in Western Australia’s Pilbara...
Global Nuclear Pivot Ignites Multi-Billion Dollar Opportunity for Australian Uranium Exports
The spot price for uranium recently climbed above $US100 per pound. This price level represents the highest point for the commodity...
Worley CCS Contract Advances Qatar CO₂ Storage Ambitions
Worley Limited has won a large carbon dioxide sequestration Project in Qatar with Samsung C&T Corporation on a large contract for...
Sims Limited supercharges its Houston footprint with a US$66.5m Tri-Coastal deal; stock price rises 3.4%
Sims Limited has launched a bold strategic move in North America, announcing the US$66.5 million acquisition of Tri-Coastal Trading...
Provaris Hits On-Time Engineering Milestone, Strengthening Its Path to Commercial CO₂ Supply Chains
Provaris Energy Ltd (ASX: PV1) (“Provaris” or the...
Australian Shares Drop After Rio Tinto-Glencore Mining Deal Collapses
Australian shares are bracing for further losses after Rio Tinto walked away from a
Data Centre Growth Sparks Higher Gas Demand: Beach CEO
Australia’s energy landscape is shifting beneath the surface. Beach Energy (ASX: BPT) CEO Brett Woods has pointed to an emerging...
Champion Iron Completes US$100M Funding Placement To Back Growth Strategy
Champion Iron has now done a US$100M funding...
Worley Wins Reimbursable EPC Contract for Phase 2 of CP2 Project
Worley Limited (ASX: WOR) has strengthened its foothold in the United States liquefied natural gas sector. The Australian engineering...
Resolution Minerals Moves to the U.S. Stage with Nasdaq Listing Strategy and ADR Launch
Resolution Minerals Ltd (ASX: RML | OTCQB: RLMLF)...
Deep Creek Fire Growing: People Told to Be Ready to Leave
More than 250 firefighters are battling an uncontrolled bushfire on South Australia’s Fleurieu Peninsula as conditions remain...
Dyno Nobel Strengthens Board With Veteran Mining Executive Jeff Olsen Appointment
Dyno Nobel (ASX: DNL) has enhanced governance by introducing a new independent voice to the board. The supplier of explosives and...
Carbonxt Group Reports Strong December Quarter with 72% Revenue Growth as Kentucky Facility Nears Start-Up
Carbonxt Group Limited (ASX: CG1) (Carbonxt or the...
Capricorn Metals Extends Completion Date for Yalgoo Project Acquisition
Capricorn Metals Limited (ASX: CMM) has agreed to a short extension for completing its
BHP Selects Record 10 Companies for 2026 Xplor Exploration Program
BHP has selected its largest-ever cohort for the 2026 Xplor...
From Gold Rush to Nickel Boom: How Kambalda Shaped Australia’s Mining Identity
Sixty years ago, a drilling rig punched through Western Australian rock and changed the nation’s industrial trajectory...
Canada’s Drive to Regulate Gambling to 10 Figures in 5 Years
Canada’s online gambling boom is showing no signs of slowing, and the government’s ambitious plans are set to turn this into a...
PLS December 2025 Quarterly Reveals Strong Sales And Cash Growth
Pilbara Minerals posted improved pricing and shipment in the period...
Mineral Resources Q2 FY26 Update Shows Solid Performance Across Operations
Mineral Resources Limited (ASX: MIN) released its Mineral Resources Q2 FY26 update on 29 January 2026. The Company reported strong...
Perseus Mining Strengthens Cash Position As Gold Output Remains Resilient Across African Operations
Perseus Mining recorded excellent output in all three of its...
Alkane Resources Posts Record Quarter with $58 Million Cash Build and Strong Production Growth
Alkane Resources Limited (ASX: ALK) has delivered its strongest quarterly performance on record, posting 43,663 gold equivalent ounces...
Fortescue Secures Full Control of Alta Copper Project as Shareholders Approve C$139 Million Deal
Fortescue Ltd (ASX: FMG) has cleared a major hurdle in its pursuit of full ownership of Alta Copper Corp. The Company announced that...
Tungsten Mining $50M Cash Call Puts Spotlight on Capital Strategy
Tungsten Mining NL (ASX: TGN) has moved into sharp...
South32 Strengthens Copper Push as December Quarter Delivers Solid Results
South32 Limited (ASX: S32) has delivered a solid operational and financial performance for the December...
Santos Powers Ahead in Q4 2025 With Barossa LNG Milestone and Strong Regional Output
Santos (ASX: STO) Quarterly Report illustrates that the...
Regis Resources Posts Record Cash Generation While Extending Duketon Mine Life
Regis Resources Limited (ASX: RRL) has delivered a standout December 2025 quarter with record cash generation and strategic mine life...
Sandfire Resources Hits Production Milestone Despite Motheo Maintenance Challenges
Sandfire Resources Ltd (ASX: SFR) has released its December 2025 quarterly results, showing resilient operational performance across its...
St George Mining Strengthens US Rare Earths Partnership as Supply Chain Security Takes Centre Stage
St George Mining Limited (ASX: SGQ) (“St George” or...
Paladin Energy Shares in Focus After December 2025 Quarterly Results and Growth Update
Paladin Energy Ltd (ASX: PDN) has delivered a...
BHP Achieves Record Production and Upgrades Copper Guidance
BHP delivered record operational performance at its copper and iron ore assets during the half year ended 31 December 2025. The Company...
Evolution Mining Share Price Strengthens After December Quarter Results
Evolution Mining’s (ASX: EVN) December 2025 quarterly...
Origin Energy Extends Eraring Power Station Timeline In Major Energy Transition Move
Origin Energy Limited (ASX: ORG) is keeping Australia’s largest coal-fired power station running longer than planned. This Origin...
Gold Surge 2026 Powers Hedge Fund Wins as Ray Dalio Predicts $5,000 Breakthrough
Gold has re-emerged as one of the most powerful trades of the current market cycle. After climbing sharply through 2025 and pushing to...
Marimaca Copper ASX: Strategic Development Advances at Chile’s High-Grade Oxide Project
Marimaca Copper Corp. (ASX: MC2) is building something substantial in Chile’s copper-rich Antofagasta region. The Company holds an...
Ausgold Quarterly Report 2025 Signals Major Growth
Australia’s Ausgold quarterly report...
QUB ASX Announcement: Macquarie Maintains Exclusivity in Qube Review
Qube Holdings Limited (ASX: QUB) is moving closer to a potential takeover. Macquarie Asset Management has confirmed it wants to continue...
Mining Giants Strike Pilbara Iron Ore Deal Worth 200 Million Tonnes
Australia’s two largest mining companies have joined forces in a move that sent ripples through the ASX on Thursday.
Ryman Healthcare Q3 Trading Update Shows Steady Sales Performance and Rising Care Occupancy
Ryman Healthcare Limited (NZX/ASX: RYM) has released its third-quarter trading update, reporting 375 occupation right agreement sales...
Saunders International Energy Contract Strengthens Market Confidence
Saunders International Limited has landed a $16.4 million job at Ampol’s Lytton Refinery in Brisbane. The
Australian Author Craig Silvey Charged Over Alleged Child Exploitation Material
Award-winning Australian author Craig Silvey has been charged with possessing and distributing child exploitation material, following a...
Intel Stock Soars on AI Demand, Analyst Upgrade & Manufacturing Gains
Intel (INTC) shares surged more than 7% on Tuesday,...
Trump Calls CUSMA ‘Irrelevant’ as Auto Trade Tensions Rise Ahead of July Review
U.S. President Donald Trump has again questioned the value of the Canada–U.S.–Mexico Agreement, saying American factories should...
Your Passport Could Be Losing Power: 2026 Rankings Reveal Winners and Losers in Global Travel Freedom
The world of international travel has become more divided than ever.
Fresh data from the Henley Passport Index 2026 shows a...
International Criminal News: Kazem Hamad Arrest Signals Global Enforcement Shift
The latest news on international crimes claims that the...
Ragnar Metals Strikes High-Grade Uranium Zones at Swedish Project Ahead of Historic Ban Lift
Ragnar Metals Limited (ASX: RAG) has delivered a...
Sandfire Resources December 2025 Update Confirms FY26 Production Targets Amid Operational Shifts
Sandfire Resources Limited (ASX: SFR) has delivered its December 2025
Far East Gold Extends Bonanza Gold Grades at Sua Prospect with Fifth Consecutive High-Grade Hit
Far East Gold Limited (ASX: FEG) has delivered another...
Glencore and Rio Tinto Restart Merger Talks in $200B+ Mining Industry Shake-Up
British-Australian resources powerhouse Rio Tinto and Swiss mining giant Glencore have confirmed preliminary discussions for a...
Codan Limited ASX Posts Strong FY26 First-Half Growth as Metal Detection and Communications Surge
Codan Limited (ASX: CDA) has published a robust first-half FY26 trading update, indicating increased demand in all its core business...
Champion Iron Regains Export Momentum as Quebec Rail Link Reopens
Champion Iron Limited (ASX: CIA, TSX: CIA) has
St George Mining Extends Araxá Footprint as High-Grade Niobium Discovery Opens Northwest Zone
St George Mining Limited (ASX: SGQ) has discovered a new zone...
Monadelphous $110 Million Contracts Update Signals Multi-Sector Growth
Monadelphous Group has made the huge announcement of new contracts worth about $110 million in total for the company’s activities...
Capricorn Metals December 2025 Quarterly Production: Strong Gold Output Positions Company for Upper Guidance
Capricorn Metals Ltd (ASX: CMM) has delivered another solid quarter of gold production. The Company announced preliminary results for...
Regis Resources Balance Sheet Surges As Q2 Cash Hits Record $930m
Regis Resources posted an impressive financial result in the December quarter, along with a ₤2.76 billion surge on its balance sheet....
St George Mining Delivers Exceptional 128-Metre High-Grade Intercept at Araxá Rare Earths Project
St George Mining Limited (ASX: SGQ) (“St George” or...
Venus Metals Targets Up to 60,000oz in Deeper Gold at Bellchambers
Venus Metals Corporation (ASX: VMC) has identified a significant new gold exploration target beneath its Bellchambers...
Monadelphous Secures $175 Million BHP Car Dumper Contract in Port Hedland
Monadelphous Group Limited (ASX: MND) has secured...
Civmec Strikes Major $400 Million Deal as BHP and Fortescue Fuel Mining Expansion
Civmec Limited (ASX: CVL) has kicked off 2026 with a bang,...
Miner Missing After Roof Collapse Triggers Major Rescue at Curragh Coal Mine
A major rescue operation remains underway at the Curragh Coal Mine in Central Queensland after a roof collapse left one worker missing...
Sandfire Resources Extends Timeline for Kalkaroo Copper-Gold Project Agreement
Sandfire Resources Limited (ASX: SFR)...
Don Warrington Passes Away Rumours Spark Confusion After Death In Paradise Christmas Episode
Speculation about Don Warrington’s passing first circulated online, but the actor’s latest performance in the Christmas...
Online Weight Loss Programs Face International Scrutiny
International health experts are making loud alerts regarding the way online weight loss programs are marketed to people in vulnerable...
Medallion Metals Secures ASX Waiver for Share Purchase Plan: What It Means for Shareholders
Medallion Metals Limited (
Goodman Group Seals A$14 Billion European Data Centre Partnership with CPP Investments
Goodman Group (ASX: GMG) has
Monadelphous Wins Quarter-Billion Dollar Contract in Rio Tinto’s Major Pilbara Expansion
Perth-based engineering powerhouse Monadelphous has clinched a
South Australia’s Major Copper-tunity: BHP Investment Signals Mining Renaissance
South Australia is positioning itself as Australia’s copper powerhouse as global electrification demands reshape mineral markets....
Why metallurgical coal is holding up Australia’s coal trade
Australia’s coal sector is operating in a more difficult global market, yet it continues to hold its ground. The main reason is...
McLaren Minerals Acquisition Signals Strong Confidence In Long-Term Zircon And Ilmenite Demand
The acquisition of McLaren Minerals consists of the...
Antipa Minerals Expands Minyari Resource to 3.3 Million Ounces of Gold Equivalent
Antipa Minerals Limited (ASX: AZY) has...
Queensland Hit And Run Horror: Tourist Charged With Eight Attempted Murder Counts
A major hit-and-run case in
Savannah Acid Attack Shocks Community: Police Seek Eyewitnesses, Intensify Patrols
After a horrifying acid
HyTerra Teams Up with GeoKiln to Accelerate the Commercialization of Geologic Hydrogen
HyTerra Limited (ASX: HYT; OTCQB: HYTLF; Frankfurt:8TP0)...
Whitehaven Coal Updates Blackwater Mine Reserves and Resources
Whitehaven Coal Limited (ASX: WHC) has...
Far East Gold Extends Bonanza-Grade Gold Zones at Idenburg’s Sua Prospect
Far East Gold Limited (ASX: FEG) (“Far East Gold” or “the Company”) has ...
Lakewood Expansion Mining Updates Strengthen Growth Plans
Black Cat Syndicate has approximately 90 square kilometres of new tenements around the Lakewood processing plant. This territory is...
Symal Group Locks in $28 Million Queensland Expansion as Brisbane 2032 Pipeline Heats Up
Melbourne-based civil contractor Symal...
Will Australia Seize Its Moment in the Fast-Growing Graphite Market?
Australia is being encouraged to move quickly on a major economic opening in the global battery industry, with a new CSIRO report...
BHP Secures US$2 Billion Infrastructure Deal with BlackRock’s GIP for Western Australia Power Network
BHP Group (ASX: BHP) has struck a strategic US$2 billion agreement...
Rio Tinto’s Game-Changing Restructure: Can $650 Million in Cost Cuts Transform the Mining Giant’s Future?
Rio Tinto has thrown down the gauntlet. The world’s second-largest miner unveiled an aggressive restructure at its 2025 Capital...
Ramelius Secures Native Title Deal for Rebecca-Roe Project
Ramelius Resources Limited (ASX: RMS)...
Resolution Minerals Extends Golden Gate Discovery with Major Gold Intercepts at Horse Heaven
Resolution Minerals Ltd (ASX: RML; OTCQB: RLMLF)...
Culpeo Minerals Secures $3 Million to Advance High-Priority Copper Drilling Across Chile
Culpeo Minerals Limited (ASX: CPO; OTCQB: CPORF)...
Transurban €500M Bond Issuance Boosts Capital Strategy
Transurban Group has successfully carried out a major Transurban €500M bond issuance, which involved the issuance of senior secured...
MinRes And POSCO Form Landmark Lithium Partnership In Australia
Mineral Resources Limited (ASX: MIN) has finalised a binding...
Woman Dies After Unprovoked Attack in Birmingham City Centre
An unprovoked attack...
Far East Gold Intersects Bonanza-Grade Gold and Visible Gold at Sua Prospect
Far East Gold Limited (ASX: FEG) (“FEG” or “the...
NSW Mining Regulator Rolls Out Fresh Rehabilitation Cost Calculator Ahead of March Deadline
New South Wales mining operators now have access to an updated rehabilitation cost estimation tool designed to bring greater accuracy...
Far East Gold Unlocks Development Pathway with Major Regulatory Approval at Idenburg Gold Project
Far East Gold Limited (ASX: FEG) (“Far East Gold” or...
The Voice Australia 2025: Alyssa Delpopolo Makes History with $100k Win in All-Female Grand Finale
Alyssa Delpopolo, a 19-year-old music student from Sydney, emerged as the champion in the grand finale of The Voice Australia 2025. The...
Peru-Australia Trade Pact Fuels Mining Cooperation Across Regions
Australia Latin America mining relations are gaining strong traction through Peru’s growing partnership. The mining sector in Peru is...
Ora Banda Mining Strikes High-Grade Gold Across Little Gem as Shallow Discoveries Point to Production Potential
Ora Banda Mining (ASX: OBM) has delivered another...
Why Big Investors Are Standing By Pilbara Minerals Despite Brutal Year
Pilbara Minerals Limited (ASX:PLS) remains a battleground for...
Ora Banda Gold Mining Report Shows Record Production Growth
Ora Banda Mining Ltd (ASX: OBM) has presented a very good performance in its Quarterly Activities Report for September 2025. The gold...
Hydrogen’s Role Remains Central to Global Decarbonisation: Europe Advancing With Economic Reality
Provaris continues to focus on the economic viability across the entire hydrogen supply chain in...
Platina Expands Laverton Gold Footprint with Sunrise Bore Acquisition
Platina Resources Limited (ASX: PGM) has taken...
Albanese to Meet Trump: Securing AUKUS, Navigating Climate Laws, and Managing China’s Shadow
Australian Prime Minister Anthony Albanese will meet US President Donald Trump in Washington on 20 October 2025. This will be their...
Carbonxt Moves Closer to Kentucky Commissioning with Additional $750,000 Investment
Carbonxt Group Ltd (ASX: CG1) (“Carbonxt” or “the...
Aureka Strikes Visible Gold at Its Flagship Irvine Project
Aureka Reports Visible Gold Discovery
Aureka Resources has reported visible gold in multiple diamond...
BHP’s Australia Boss Breaks Silence on Trade Storm: What It Means for Iron Ore Markets
Australia’s mining sector got a rare glimpse behind the curtain this week as...
St George Mining Reports Major High-Grade Rare Earths Intercept at Araxá
St George Mining Limited (ASX: SGQ) (“St George” or...
IperionX Limited Strengthens U.S. Titanium Supply Chain with Major Expansion
Virginia operations scale up as Titan Project feasibility advances in Tennesse
Contact Energy Hydro Update 2025: Cost Drops & Storage Gains
The latest market report from Contact Energy highlights strong hydroelectric production for the fourth quarter of 2025, major increases...
Bellevue Gold Achieves Net Zero Emissions and Targets Production Growth
FY26 guidance of up to 150,000 ounces supports expansion plans at the world’s first net-zero gold mine
Rio Tinto Delivers Record Production as New CEO Charts Path to Operational Excellence
Rio Tinto (ASX: RIO) has posted...
Fletcher Building Quarterly Report 2025 Shows Pressure Amid Market Weakness
Fletcher Building Limited (ASX:FBU) has released its 2025 quarterly report, showing that the company continues to face challenges in New...
Moody Blues Singer John Lodge Dies Aged 82
John Lodge, Moody Blues singer, dies at age 82, leaving a sustainable legacy in British rock music. His...
Is WA1 Building Australia’s Next Major Niobium Operation? Latest Drilling Results Tell the Story
WA1 Resources (ASX: WA1) just dropped drilling results that...
Mineral Resources Strengthens Board Independence with Veteran HR Executive and Mining Expert
Mineral Resources Ltd (ASX: MIN) announced the appointment of two seasoned professionals to its board on 10 October...
MAC Copper Shareholders’ Approval Finalises Harmony Acquisition
MAC Copper Limited (NYSE: MTAL; ASX: MAC) has set a...
Will Inflation Make Powerball Harder to Win?
Lottery organisers across the globe continue to modify game structures as economic pressures reshape consumer spending patterns. Recent...
Swiss Mining Giant Scores Controversial $600M Australian Bailout
Australian taxpayers will fund Swiss mining behemoth Glencore to the...
Capstone Copper Earnings Report 2025 Set For October 30
Capstone Copper Corp. has announced when it will release its financial results for the third quarter of 2025. The Canadian mining...
VHM Secures U.S. EXIM Bank Interest for Up to US$200m to Advance Goschen Project
The Export-Import Bank of the United States (EXIM) has extended an invitation to VHM Limited (ASX: VHM) to receive a
Two Gold Miners Just Created West Africa’s Next Billion-Dollar Powerhouse
Predictive Discovery and Robex Resources have announced a merger that could reshape West Africa’s gold sector. The deal creates a...
The Australian Dollar vs US Dollar: What’s Driving Recent Volatility & Its Impact on Miners
Recent months have witnessed an increased volatility of the Australian dollar (AUD) relative to the US dollar (USD), a phenomenon of...
Why BHP Just Made Its Boldest Copper Move in Years
When BHP announced an $840 million capital injection into...
Suncorp Group Buy-Back Update: Daily ASX Notification
According to the company’s statement, Suncorp Group Limited continues...
Victory Metals Secures Rare Earth Supply LOI with Sumitomo
Victory Metals Limited (ASX: VTM) (“Victory Metals” or “Company”) has
Australia’s First Middle East Trade Deal Takes Effect: A New Era for Mining and Energy Exports
Australia has officially opened a new chapter in its international...
IperionX Limited Accelerates U.S. Titanium Supply Chain Expansion
Virginia operations scaled up as Titan Project DFS begins in Tennessee
WA New Rare Earth Deposit 2025: Surprise Breakthrough in WA Mining
A recently discovered rare earth deposit (in variant years) has transformed all or the majority of mining discussions at the global...
Canyon Resources Advances Minim Martap Project with US$835M Valuation
Company Secures Critical Mining Permits and Funding
Canyon Resources Limited has...
Citigold Gold Mine Restart 2025: Charters Towers Project Gains Momentum
Citigold Corporation Limited plans to recommence production at its principal project, the Charters Towers Gold Project, located in...
Russia Aids China with Military Equipment for Potential Taiwan Invasion, Think Tank
Leaked Files Suggest Growing Cooperation
Documents leaked by a defence institute based in...
Signature Resources Raises C$3M to Advance Lingman Lake Drilling
Signature Resources Ltd. (TSXV: SGU) has secured new financing to advance exploration at its flagship Lingman...
Core Lithium Delivers Comprehensive Restart Strategy with Enhanced Cost Structure
Core Lithium has unveiled its strategic repositioning with the completion of a comprehensive restart study for its Finniss Lithium...
Astute Metals Expands Resource Base with Key Exploration Update
ASE outlines progress at flagship projects as market weighs long-term strategic value
Develop Global issues 9.2m new shares to strengthen capital base
ASX-listed Develop Global (DVP) completes share issue at $4.05, reinforcing its balance sheet and supporting growth across its...
Locksley Resources (ASX: LKY) Annual Report 2025: Critical Minerals Update
The annual report of Locksley Resources Limited...
Harold Dennis Dickie Bird Obituary: Cricket Loses an Icon at 92
One of cricket’s most commonly identified names is Harold Dennis “Dickie” Bird. Born in Barnsley, Yorkshire, on 19...
Commonwealth Bank AI Cloud Migration Gains Pace with Lumos AI Accelerator
Commonwealth Bank has introduced the CBA Lumos AI accelerator to transform how applications are prepared for the cloud. The system is...
Parkway Corporate 2025 Annual Report: Industrial Water Technology in Focus
Parkway Corporate Limited (ASX: PWN) released the 2025 annual report, emphasizing on its growing presence in water and wastewater...
Sydney’s Railway Roulette: How Australia’s Busiest Network Became a Commuter Nightmare
sydney-train-failures Sydney’s train network has become...
XRP Cloud Mining and Yield Products Surge as FuturoMining Hits $7,700 Daily Payout Milestone
A wave of high-yield opportunities for XRP holders raises both excitement and caution
The XRP ecosystem is...
Matthew Holcz Takes the Helm as Rio Tinto’s Global Iron Ore Chief in Major Leadership Realignment
Rio Tinto has appointed Matthew Holcz as the new Chief Executive of its global Iron Ore division as part of a major corporate...
ASM advances Dubbo Project with heap leach breakthrough and government support
Rare earth developer secures cost reductions, strengthens global supply chain strategy, and positions for...
AIMEX 2025 Shifts to South Australia, Driving Mining Innovation and Industry Growth
Asia-Pacific’s International Mining Exhibition (AIMEX) 2025 opens on 23 September at Adelaide...
Vault Minerals Targets Strong Three-Year Production Growth with Leonora Expansion
Vault Minerals Limited (ASX: VAU) has unveiled an...
Perseus Mining Receives Presidential Approval for CMA Underground Development
Perseus Mining Limited (ASX/TSX: PRU) has achieved a...
Mt Palmer visible gold intersection boosts exploration confidence
Kula Gold Limited announced visible gold intersections in its current diamond drilling campaign at the Mt Palmer
St George Confirms Major High-Grade Rare Earths and Niobium Discovery at Araxá Project
St George Mining Limited (ASX: SGQ) (“the Company”) has...
BHP Cuts 750 Queensland Jobs as Royalty Burden and Weak Coal Prices Force Major Restructuring
Australia’s largest miner has delivered a harsh reality check to...
XRP Price Surges + Smartphone Mining App: Everyone Can Earn $2,650 a Day in Passive Income。
xrp-price-surges-smartphone-mining Cryptocurrency is changing how people think about money and investing, and XRP, with its high speed,...
BHP CEO Mike Henry Energy Costs 2025: Australia Energy Prices Mining Impact Remains a Key Challenge
Comparison with Australian electricity costs vs US raises competitiveness concerns for investment in major...
Bridgeport Energy Contingent Resources 2025: Updated Statement on Petroleum Reserves
A subsidiary of New Hope Corporation, Bridgeport Energy issued its 2024 Reserves and Resources Statement, detailing the petroleum...
BlueScope Steel Releases FY2025 Sustainability Report Highlighting Climate Action and Safety Progress
BlueScope Steel Limited (ASX: BSL) has unveiled its...
Mining Goes Mobile: Mint Miner App Brings Stable Returns on BTC and ETH to Australian Investors, Earning $5,076 Daily
Sydney, September 2025—Over a third of Australian investors are actively exploring the long-term value of Bitcoin and Ethereum....
Magellan On-Market Buy-Back Update: September 2025 Report
Magellan Financial Group Limited (ASX: MFG) has issued its daily report on the ongoing on-market
ISR Uranium Project Development 2025 Gains Momentum with Yanrey Partnership
Western Australia’s uranium sector is entering a new era as Cauldron Energy and Uzbekistan’s Navoiyuran agreed to sign a...
Benz Mining Expands Glenburgh’s High Grade Gold System with New Drill Results
Benz Extends Gold Mineralisation at Zone 126
Benz Mining Corp (ASX:BNZ) has delivered significant new drill...
Zenith Minerals Red Mountain Drilling Delivers Major Gold Discovery
Zenith Minerals (ASX: ZNC) has struck some...
Kula Gold Aurumin Joint Venture Mt Palmer Strengthened by Partner’s Commitment
Aurumin retains 20% stake as Mt Palmer gold drilling results 2025 advance in Western Australia’s Southern...
Aurumin Advances Sandstone Gold Focus with $6M Divestments
Aurumin Limited has executed binding agreements to raise $6 million through the sale of non-core assets. The company is looking to place...
London Victoria Gold Intercepts Signal New Growth Path for Adavale Resources
Adavale Resources Limited (ASX:ADD), released results from its first drilling campaign at the London Victoria Gold Mine in New South...
PolarX Raises A$5M Placement To Accelerate Humboldt Range Exploration
PolarX Limited has firm commitments backing an A$5 million equity raising. The placement funds...
Jumbo Interactive Secures Landmark SaaS Agreement with RSL Queensland for $200 Million Lottery Platform
Jumbo Interactive (ASX: JIN or Jumbo) has hit a...
Global Mining Leaders and Ministers Unite in Sydney for IMARC 2025
Sydney is gearing up to host one of the biggest get-togethers in the...
China Biofuel Policy Changes Put Beijing and US Oil Refiners on Same Side
China’s biofuel policy shifts have emerged into the spotlight following Beijing’s outcry over scheduled US action to reduce...
World Gold Council Proposes Digital Gold Amid Market Concerns
The World Gold Council has put onto the market a new concept for gold ownership and trading. It is called Pooled Gold Interests (PGIs)...
Caprice Resources Embarks on Ambitious 20,000m Drilling Drive at Island Gold Project
Caprice Resources Ltd (ASX: CRS) has commenced a 20,000 metre drilling programme at its Island Gold Project (IGP) in Western...
Trade War 2025: The Real Economic Impact of Tariffs on Global Markets and Supply Chains
We’re seeing the biggest trade war in years. What started as small steps has turned into a full-on fight over tariffs. This is...
Rubix Resources Limited completes drilling at Paperbark Project
Rubix Resources Limited (ASX: RB6) has completed drilling activities at its Paperbark Project in northwest
Top 5 ASX Mining Stocks This Week: Invictus Energy Leads Market Gainers
ASX mining stocks this week delivered strong gains across...
HyTerra appoints US energy advisor Dan Milstein as strategic advisor
HyTerra has strengthened its leadership by appointing Dan Milstein, a senior US Department of Energy advisor. With his knowledge of...
ASX Gold Stocks Rally as Gold and Silver Reach Record Highs
driven by a weaker US dollar and growing expectations of US Federal Reserve rate cuts.
Gold and Silver Record...
ASX Short Sale Trends – Week 36: Who’s Being Shorted & Who’s Gaining or Falling
Short sellers remain active across the Australian Securities Exchange,...
Gold Producer Ariana Resources Exceeds IPO Target, Prepares for ASX Debut
Gold explorer and developer Ariana Resources has...
Austral Gold Secures $1.53M Argentina Mining Loan for Casposo Operations
Austral Gold Limited (ASX: AGD; TSX-V: AGLD; OTCQB:...
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Carbonxt Group Limited (ASX: CG1) (“Carbonxt” or “Company”) has announced a non-renounceable pro-rata entitlement offer to raise approximately $0.7m through a Loyalty Options issue.
Key Details of the Entitlement Offer
The Entitlement Offer grants one (1) Loyalty Option for every six (6) shares held. It will be made to shareholders listed on the Company’s register as holding shares at 7:00 pm (Sydney time) on 27 August 2025. Only shareholders with registered addresses in Australia or New Zealand are eligible for the Entitlement Offer.
The issue price is set at $0.01 per Loyalty Option. Each option can be exercised at $0.07 per share three (3) years from the issue date. The Company’s Directors retain the right to place shortfall within three (3) months of the closing date, i.e., 10th September 2025.
The Offer is fully underwritten by Chaleyer Holdings Pty Limited. It is also sub-underwritten by Phelbe Pty Ltd and Carbonxt’s Directors: Matthew Driscoll, Warren Murphy, David Mazyck and Nicholas Andrews.
Purpose of the Offer
The Company has outlined three purposes for the Loyalty Options offer:
- Reward Shareholders: The Offer rewards shareholders who continue to support the Company.
- Potential Capital Source: If exercised, the Loyalty Options provide the Company with a potential source of additional capital.
- Support Growth Plans: The Offer recognises the material uplift in operations expected from the newly commissioned Activated Carbon manufacturing facility in Kentucky, USA.
Use of Funds
The Company intends to apply the $697,772.00 raised as follows:
- Expenses of the Offer: approximately $71,003.32
- Working Capital: approximately $626,768.68
The Company also intends to allocate funds raised from future option exercises to retire debt, cover offer costs, and generate modest working capital. The key financial advantage is that if shareholders exercise Loyalty Options, the Company can raise $4.9m in new funds.
Key Dates for Investors
Investors should note the following important dates (according to Sydney Time):
- Ex-date: 7:00 pm, 26 August 2025
- Record Date for Determining Entitlements: 7:00 pm, 27 August 2025
- Prospectus and Application Form Dispatch: 1 September 2025
- Entitlement Offer Opening Date: 1 September 2025
- Last Date to Extend Closing: 12:00 pm, 5 September 2025
- Entitlement Offering Closing Date: 5:00 pm, 10 September 2025
- Entitlement Offer Result Announcement: 15 September 2025
- Issue of Loyalty Options: 17 September 2025
- Loyalty Options Quotation on ASX: 18 September 2025
- Issue of Shortfall Options (if any): 24 September 2025
The Company reserves the right to amend these dates, subject to the Corporations Act 2001 (Cth), ASX Listing Rules, and other applicable laws.
Strategic Significance of the Offer
The Loyalty Options offer arrives at a critical point in The Company’s growth journey. The newly commissioned facility in Kentucky, USA, is anticipated to deliver material uplift in operations. With fresh capital support, Carbonxt is better positioned to capture expanding industrial markets.
Figure 1: An Image of the Activated Carbon Manufacturing Plant, Kentucky, USA
The structure of the offer also incentivises shareholders to remain engaged with the Company. A low upfront cost per option, coupled with a three-year exercise window, provides flexibility for investors. For Carbonxt, the potential $4.9m capital injection could accelerate expansion and debt reduction.
Broader Market Context
The global activated carbon market is estimated at USD 6.2 billion in 2025 and is projected to reach USD 15.5 billion by 2034, reflecting a CAGR of 10.7%. In the United States, the market is valued at USD 1.9 billion in 2025 and is forecast to grow to USD 4.6 billion by 2034, advancing at …
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Fortescue has signed a landmark AUD 350 million...
From Coal to Clean Energy: BHP Commits $30 Million to Upper Hunter’s Future
Mining giant BHP has announced a $30 million community fund for the Upper Hunter region as part of its plan to responsibly close Mt...
Pacgold Unveils Compelling Gold Target at White Lion Prospect
Pacgold Limited (ASX: PGO) (“Pacgold” or “the...
Short Sellers Target Uranium Stocks and James Hardie Amid Market Uncertainty
Short interest surged across several ASX-listed uranium companies between 24 March and 7 April 2025. The data reflects rising bearish...
Affected by US tariffs, the global trade war is in dire straits, but Bitcoin prices may still rise against the trend
Despite the huge price volatility and downward trend after the US tariffs, Bitcoin may still rebound. Several crypto experts expressed...
Peabody’s $5.7 Billion Coal Deal in Jeopardy After Mine Explosion
Peabody Energy Reconsiders Queensland Coal Purchase
Peabody Energy is reviewing its $5.7 billion acquisition of Anglo...
Challenger Gold Doubles Ecuador Resource to 9.1 Million Ounces Gold Equivalent
Challenger Gold Limited (ASX: CEL) (“Challenger”...
Carbonxt Completes Share Purchase Plan to Fund Kentucky Expansion
Carbonxt Group Ltd (ASX: CG1) (“Carbonxt” or “the...
Petra’s Tech-Driven Academic Support Sets New Standard in Mining Innovation
Australian mining technology innovator Petra Data Science is forging new paths in research and development by collaborating with the...
Experts predict that the price of Solana will skyrocket. How to use Solana mining correctly and achieve wealth freedom
With the rapid development of the cryptocurrency market, the demand for SOL tokens is increasing year by year, and the...
ASX Suffers Worst Week in Years as $70 Billion Wiped Off Markets
Australian Market Plunges Amid Global Recession Fears
Australian shares have endured their worst week since June 2022, as the...
ASX 200 is Recovering: The Final Stage of Today’s ASX Bloodbath
ASX 200 Shows Strength Despite Global Uncertainty
The Australian share market is battling through global turmoil. While the ASX...
Gold Prices Skyrocket: Record Highs Fuel Investor Frenzy
Gold Surges Past $3,150 as Global Uncertainty Mounts
Gold prices are soaring as investors rush to safe-haven assets. The yellow...
ASX Bloodbath: Markets Bleed as Investors Panic Over Tariffs
Billions Wiped Out in a Brutal Market Rout
The Australian stock market suffered a brutal sell-off today, with the ASX...
Ramelius Resources Hits Record Cash Flow as Gold Prices Boost Profits
Strong Performance Drives Share Price Higher
Ramelius Resources Limited (ASX: RMS) continued its strong run, with its share...
Australia Increases Export Forecasts but Sees Long-Term Decline in Commodity Earnings
Australia has raised its forecast for resource export income this financial year. However, the long-term outlook remains bleak as global...
Smart Crypto Investor Makes $152K in One Month with SIX MINING
In the cryptocurrency industry, cloud mining is becoming a popular investment method that allows investors to easily earn passive income...
Netflix’s The Life List Struggles to Turn Grief into Genuine Growth
Netflix’s latest release, The Life List, is a drama about grief, love, and personal growth. Despite its premise, the film...
China’s Antitrust Scrutiny Stalls CK Hutchison’s $22.8 Billion Panama Ports Deal
China’s top market regulator has launched an antitrust review of CK Hutchison’s potential Panama Canal ports deal. The State...
Impact Minerals Raises $3.63 Million in Successful Rights Issue
Impact Minerals Limited (ASX: IPT) (“Impact,”...
Gold About to Touch $3,100! Is the Rally Just Beginning?
Gold prices soared to USD 3,073.86 per ounce, gaining 0.79% on the day. Silver prices also rose,...
Devon Pit Gold Mine Moves Closer to Production with Blue Cap Mining Agreement
Matsa Resources has taken a significant step toward gold production at the Devon Pit gold mine in Western Australia’s Laverton region....
ASX 200 Falls as Tech and Real Estate Drag Markets Lower
ASX 200 Drops Despite Recent Gains
The S&P/ASX 200 fell 47.30 points, or 0.59%, to 7,951.70 by 2:39 pm AEDT on 27 March....
David Genat’s $9 Million Victory: A Reality TV Masterclass
David Genat has won $9.2 million on the US reality series Deal or No Deal Island. The former Australian Survivor...
The Reject Shop Accepts $259M Takeover Bid from Dollarama
Canadian Retail Giant Plans Expansion in Australia
The Reject Shop Limited (ASX: TRS) will exit the Australian Securities...
Marvel Assembles X-Men Legends and MCU Veterans for Avengers: Doomsday
Marvel Studios Announces Star-Studded Cast
Marvel Studios has officially revealed the cast of Avengers:...
Challenger Secures First US$2M Drawdown from US$20M Finance Facility for Toll Milling
Challenger Gold Limited (ASX: CEL) (“Challenger”...
ASX 200 Surges Past 8,000 as Mining and Financial Stocks Rally
The Australian share market made a strong start to the week, with the ASX 200 surpassing the 8,000 mark for the first time since early...
ASX Market Update: March 25, 2025
The Australian Securities Exchange (ASX) saw a modest rise in trading on March 25, 2025, as investors responded to global market...
Magnetite Mines Advances Razorback Iron Ore Project with Mining Lease Proposal Submission
Magnetite Mines has taken a significant step toward developing its flagship Razorback Iron Ore Project in South Australia by submitting...
Brisbane Unveils Plans for a New Olympic Stadium for the 2032 Games
The Queensland government has announced ambitious plans to construct a new 63,000-seat stadium in Brisbane’s Victoria Park, set to be...
New Zealand’s Steps Towards Online Gambling Regulations
New Zealand is making significant strides in regulating its online gambling sector, a move that reflects the global trend of tightening...
Best Cryptocurrency Platform to Profit $50,000 a Day: CESUR Mining Top Cloud Mining Platform
Cryptocurrency enthusiasts are always looking for creative ways to supplement their income, and BTC holders have found a straightforward...
ASX200 Edges Higher as Gold Road Surges Over 15%
The S&P/ASX200 closed slightly higher today, gaining 3.90 points to finish at 7,940.80. Gold Road Resources Ltd and Life360 Inc. led...
Cazaly Moves Forward with Earn-In at Goongarrie Gold Project
Cazaly Resources Limited has exercised its option to proceed with the earn-in Joint Venture (JV) at the Goongarrie Gold Project. This...
Queensland Confirms Victoria Park Stadium for 2032 Olympics Amid Heritage and Political Controversy
Government Announces New Olympics Infrastructure Plan
The Queensland Government has confirmed plans to build a...
Oscar-Winning Filmmaker Hamdan Ballal Beaten by Settlers, Detained by Israeli Forces in West Bank
Settlers Attack Filmmaker in Susya
Israeli settlers attacked Palestinian filmmaker Hamdan Ballal in the...
Qantas Slashes Airfares in 72-Hour Sale, Offering Over One Million Discounted Seats Starting at $99
Qantas has announced a massive 72-hour sale, offering discounted airfares across its domestic network. The sale includes over one...
Earn up to 30,000 USDT From Cloud Mining-4 Best Crypto Cloud Mining Sites
Have you ever planned to start crypto mining with high-power rigs but discovered it costs thousands of dollars to set up mining rigs? If...
SIX MINING: Earn $10,000 a day, the leading cloud mining service platform in 2025
Six Cloud mining is a mechanism for using rented cloud computing power to mine cryptocurrencies such as Bitcoin, without having to...
Trump’s Media Cuts Shake Global Influence, Opening Doors for Australia in Asia
Media US Government Ends Funding for Foreign Broadcasters
The United States government has cut funding for its...
Beginner’s Guide to ASX Investing: How to Buy Shares and Build Wealth
It is in the stock market can be overwhelming, especially for beginners. With thousands of ASX shares to choose from and financial...
F1 Icon Eddie Jordan Dies at 76: Denied Access to Michael Schumacher After Tragic Skiing Accident, Tributes Pour In
The motorsport world is mourning the loss of Eddie Jordan, the legendary F1 team owner and pundit. The 76-year-old passed away on...
WA Mining Conference to Return in October 2025 After Record-Breaking Success
WA Mining Conference and Exhibition is set to return in October 2025 at the Perth Convention & Exhibition...
XRP Surges as SEC Drops Lawsuit Against Ripple
Ripple CEO Brad Garlinghouse has announced a major legal victory for the cryptocurrency industry. The U.S. Securities and Exchange...
Live ASX: Today’s Market Is Exploding!
Live ASX 200 Holds Strong Gains as Investors Stay Optimistic (3:08 pm AEDT)
The S&P/ASX 200 continues its...
Sandvik Achieves Record-Breaking Raise Boring and Secures Major Equipment Deal
Revolutionary Raise Boring Success in Scandinavia
Sandvik’s drilling tools have played a crucial role in a record-breaking...
Trump Declassifies Final JFK Assassination Files, Reviving Decades-Old Controversy
Full Disclosure of Assassination Documents
Donald Trump’s administration has released all classified files...
Mineral Resources Pauses Onslow Iron Haulage Following Road Train Incident
Mineral Resources Limited (ASX: MIN) has temporarily paused haulage on the Onslow Iron haul road after...
Live ASX 200 News: What’s Happening in the Market?
ASX 200 Extends Losses as Selling Pressure Intensifies (2:59 pm AEDT)
The S&P/ASX 200 has deepened its...
AVZ Minerals Secures €39 Million Tribunal Ruling Against Cominière
Partial Award to Enforce Emergency Orders and Liquidate Accrued Penalty
AVZ Minerals Limited confirms that the...
March Quarter Decline Won’t Derail Gruyere’s Annual Target
Gold Road Resources Limited (ASX: GOR) has provided an update on the March 2025 quarter production at the Gruyere Gold Mine, a 50:50...
ASX 200 Gains as Clarity Pharmaceuticals Leads Market
The S&P/ASX 200 rose 10.90 points or 0.14% to 7,865.00 by...
GTA 6: Hidden Clues, Pricing Speculation, and the Future of Open-World Gaming
The gaming industry is buzzing with discussions about Grand Theft Auto VI. Rockstar Games has kept details under wraps, but recent...
ASX Market Update: S&P/ASX 200 Dips Slightly as Clarity Pharmaceuticals Leads Gains
The Australian share market saw a minor decline on Monday, with the S&P/ASX 200 slipping 3.40...
Challenger Limited’s Share Price Climbs as It Neutralises Dividend Reinvestment Plan
Challenger Limited Sees 4.43% Share Price Rise
Challenger Limited (ASX:CGF) gained 4.43% today, closing at $5.66. Despite this...
ASX Market Rebounds with Strong Gains in Resources and Mining
The S&P/ASX 200 index closed higher on Monday, gaining 64.40 points, or 0.83%, to 7,854.10. The positive performance followed recent...
Liontown Resources Reports Strong H1 FY25 Performance Amidst Key Milestones
Kathleen Valley Lithium Mine Commences Production
Liontown Resources Limited (ASX: LTR) achieved significant...
Top Five ASX Materials Stocks Surge Amid Market Optimism
The ASX has opened higher after Wall Street’s S&P 500 gained 2% to close the week. While not in lockstep with the US rebound,...
Albanese Fires Back at DiCaprio Over WA Mine Expansion Criticism
Prime Minister Anthony Albanese has hit back at Leonardo DiCaprio after the Hollywood star slammed the Australian government for...
Catalyst Metals Achieves First Stoping Ore at Plutonic East
Catalyst Metals Limited (ASX: CYL) has achieved first stoping ore at Plutonic East in Western Australia. This marks the first of three...
Top 5 ASX Materials Stocks Surge Amid Market Optimism
Australia’s materials sector recorded strong gains today, with several key players outperforming the broader market. The S&P/ASX...
Mali’s Mining Sector Stabilises with Partial Permit Lifting
The Government of Mali will partially lift the suspension of mining permits by 15 March, providing more certainty for the industry. West...
ASX Midday Report: Market Gains Amid Tariff Concerns
The Australian share market recorded modest gains by midday, rebounding from a 100-day low. The ASX 200 index rose by 0.2% to 7,801,...
Boss Energy Expands Stake in Laramide Resources Amid Strategic Uranium Investments
Boss Energy Increases Stake in Queensland Uranium Developer
Boss Energy Limited (ASX: BOE) is increasing its...
ASX Market Morning Update
ASX Opens 1.2% Lower Amid Broad Market Sell-Off
The Australian share market opened lower, following global...
Top 5 ASX Materials Companies Making Moves Today
S&P/ASX 200 Materials Sector Update
The S&P/ASX 200 Materials Index faced a decline of 1.07%, closing...
Ramelius Resources Unveils 10-Year Expansion Plan at Mt Magnet
Ramelius Resources (ASX:RMS) has announced a significant expansion of its Mt Magnet mining operation. The new 10-year plan aims to...
Top ASX 200 Materials Stocks Amid Market Volatility
The S&P/ASX 200 Materials Index (ASX:XMJ) declined by 1.81% to 16,115.9 as of midday trading. Despite short-term fluctuations, the...
Top Five ASX Materials Stocks Surge Amid Market Volatility
Top ASX Materials Sector Faces Pressure
Lithium Market Poised for Recovery in 2025: Australia’s Key Role
Global Demand Expected to Surge
Global lithium consumption will increase by 26% in 2025, reaching 1.46 million...
Top ASX Materials Stocks Surge as Market Sees Mixed Trends
ASX Materials Index Shows Volatility
Newmont Sells Three Non-Core Assets for $1.7 Billion
Strategic Divestments Strengthen Financial Position
SSR Mining to Delist from ASX Amid Low Trading Volumes
Denver-based gold producer shifts focus to North American markets
ASX 200 Gains 27.50 Points as Eagers Automotive and Medibank Surge
The S&P/ASX 200 closed higher on Thursday, adding 27.50 points or 0.33% to reach 8,268.20. Eagers Automotive Limited (ASX: APE) and...
Horizon Minerals Pours First Gold at Phillips Find Gold Project
Horizon Minerals Achieves Key Production Milestone
Horizon Minerals Limited (ASX:HRZ) has successfully poured...
Newmont Reinforces Gold Dominance with Transformational 2024
Newmont Corporation (ASX: NEM, NYSE:...
Anglo American Reports $8.5 Billion EBITDA Amid Market Challenges
Anglo American PLC has released its
Caprice Resources and Genesis Minerals: Strong Growth and Market Confidence
Caprice Resources and Genesis Minerals have both reported significant developments that highlight their growth potential and financial...
ASX Gold Market Recovers Amid Global Economic Uncertainty
ASX Ends the Week on a Positive Note
Hancock Prospecting Breaches Advertising Code Over ‘Clean Gas’ Claim
Regulator Rules Hancock Prospecting’s Ad Misleading
Gina Rinehart’s Hancock Prospecting misled consumers...
Wyloo Forms Yangibana Joint Venture with Hastings, Becomes Largest Shareholder in Neo Performance Materials
Wyloo has strengthened its position in the global rare earths...
Deterra Royalties Reports AUD 64 Million Half-Year Profit Amid Market Shifts
Deterra Royalties delivered a strong financial performance in the first half of
Rio Tinto Updates Mineral Resources and Ore Reserves Across Key Projects
Rio Tinto has
Terra Metals Confirms High-Grade Polymetallic Potential at Dante
Terra Metals Limited (ASX: TM1) has delivered another...
SA Government Seizes Whyalla Steelworks Amid Financial Crisis
The South Australian government has taken control of the Whyalla steelworks, forcing it into administration in an effort to secure the...
BHP’s Share Price Outlook Amid Transition: Copper Growth vs. Iron Ore Challenges
BHP, Australia’s largest miner, is undergoing a significant structural transformation, as it shifts focus from its iron ore...
Sinkhole Halts Tunnelling on $26 Billion North East Link Project
A sinkhole has halted work on Melbourne’s massive $26.1 billion North East Link project. Engineers are investigating the cause while...
Severe Cyclone Zelia Threatens Australia’s Iron Ore Hub: Port Hedland Braces for Impact
Australia’s iron ore hub is on high alert as Severe Tropical Cyclone Zelia approaches the Pilbara region. The cyclone, which is...
Caprice Resources Delivers Exceptional High-Grade Gold Results at Island Gold Project
Caprice Resources Ltd (ASX: CRS) has reported outstanding ...
Polymetals Raises $35 Million to Restart Endeavor Silver-Zinc Mine
Polymetals Resources Ltd (ASX: POL) has raised $35 million in a strategic move to fund the restart of the Endeavor silver-zinc mine. The...
Astral Resources and Maximus Resources to Merge in $31 Million Takeover
Astral Resources NL (ASX: AAR) has announced a...
Australia’s Stock Market Sinks Amidst Growing Trade War Tensions: FULL DETAILS
The S&P/ASX 200 has faced a sharp decline today, dropping 152.70 points, or 1.79%, to 8,379.60 (as of 2:17 pm AEDT). This comes...
Terra Metals Delivers Strong December Quarter Results
Terra Metals Limited (ASX: TM1) (“Terra Metals” or...
Caprice Resources: December 2024 Quarterly Activities Report
Caprice Resources Ltd (ASX: CRS) (“Caprice” or “the Company”) continues to progress its exploration efforts in Western...
Carbonxt Delivers Strong December 2024 Quarter with Key Milestones
Carbonxt Group Ltd (ASX: CG1) (“Carbonxt” or “the Company”) has made solid progress in the
Astral Resources Advances Mandilla Gold Project with Exceptional Drilling Results
Astral Resources NL (ASX: AAR) continues to solidify its position as a rising star in the Australian gold sector with exceptional...
Terra Metals Expands Dante Project with Strategic Acquisition Option
Terra Metals Limited (ASX: TM1) (“Terra Metals” or...
ASX 200 Sees Gains Following Trump’s China Comments and Surge of Premier Investments and Monadelphous
Market Overview
The S&P/ASX200 index is up today, Following Trump’s China Comments gaining 29.50 points, or 0.35%, to...
WA’s Bauxite Mining: The Clash Between Economic Growth and Environmental Protection
Introduction
Bauxite mining in Western Australia (WA) has become a battleground for competing interests. As the state...
Dundas Minerals Hits High-Grade Gold at Rockland, Boosting Stock Performance
Dundas Minerals Ltd (ASX: DUN) has seen strong performance in the stock market, with its share price increasing by...
Commonwealth Boosts Investment ($200 million) in Rare Earth Mining Project Backed by Gina Rinehart
The Australian government is injecting an additional $200 million into Arafura Rare Earths, advancing the development of a key mining...
Australia’s Lithium Mining Landscape Amid Global Trends: A Resilient Sector
Introduction: Today’s Market Gains and Challenges
Australia’s mining sector has shown some positive momentum today,...
ASX Gains while Australian Dollar Struggles Near Two-Year Low
The S&P/ASX200 has seen positive movement today, adding 57.00 points, or 0.70%, to reach 8,258.20 at 2:22 pm AEDT. Despite this...
ASX Ends 2024 on a Low Note Despite Yearly Gains
The S&P/ASX200 closed lower on Tuesday, dropping 75.90 points, or 0.92%, to settle at 8,159.10. This marks a subdued end to a year...
Challenger Gold Secures $11 Million Financing for Casposo Plant
Challenger Gold obtains financing for refurbishment
Challenger Gold (ASX: CEL) has secured US$7 million ($11.2 million) in...
Carbonxt Kentucky Plant Completion Sets Stage for North American Growth and Market Leadership
Carbonxt Group Limited (ASX: CG1) (“Carbonxt” or...
Fenix Resources Expands Iron Ore Portfolio with Key Acquisitions
Fenix Resources is making strides to strengthen its iron ore footprint in Western Australia’s Weld Range region. The miner has...
Australian Federal Budget Faces $100 Billion Hit from Declining Mining Earnings
Australia’s federal budget is poised for a significant downgrade, driven primarily by a sharp decline in mining sector returns....
DigiCo ASX Debut Amid ASX200 Decline Led by Miners
Australian shares slumped to a four-week low as the S&P/ASX200 dropped 47.90 points or 0.58% to 8,282.40 by midday, around 2:00 pm...
Rio Tinto Expands Rincon Lithium Project with $2.5 Billion Investment
Rio Tinto’s Commitment to Lithium Development
Rio Tinto has committed $2.5 billion to expand its Rincon lithium project in...
Qantas Engineers Strike Action Causes Minimal Disruptions Despite Pay Dispute
The ongoing Qantas engineers strike has made headlines as hundreds of engineers across Australia walked off the job. However,...
Emissions from Australia’s Mining Industry: Is Decarbonisation Really Possible?
Australia’s resources sector, including mining and oil and gas (O&G) operations, produced 99 million tonnes (mt) of carbon dioxide...
The Battle for Control of New Zealand’s Historic Reefton Goldfield
New Zealand’s new government has introduced a fast-track approvals Bill for infrastructure and mining projects, significantly reducing...
Driving Decarbonisation: Epiroc’s Role in Electrifying Australian Mining
The Australian mining industry is facing a significant push towards electrification, driven by environmental regulations and growing...
ASX Faces a Downturn Amid Wall Street Retreat and Sector Weakness
The Australian Securities Exchange (ASX) is experiencing a decline today, with the S&P/ASX200 dropping 43.60 points, or 0.51%, to...
Rio Tinto Eyes Copper Boom Amid Global Energy Transition
Rio Tinto to Pivot Towards Critical Minerals
Rio Tinto plans to significantly increase its copper output by 2030 as part of its...
Rio Tinto and Sumitomo Join Forces to Advance Winu Project
Rio Tinto (ASX:RIO) has partnered with Sumitomo Metal Mining (TYO:5713) to jointly develop the Winu Copper-Gold Project in Western...
Australia’s Economy Records Slow Growth in September Quarter
The Australian economy grew by 0.3% in the September quarter 2024, marking its twelfth consecutive quarter of growth. According to the...
IMARC 2024: A Landmark Event for Global Mining and Resources
Close to 10,000 delegates filled Sydney’s ICC during the International Mining and Resources Conference and Expo (IMARC) 2024. The...
China Unearths World’s Largest Gold Deposit Worth $83 Billion
China has unearthed a massive gold deposit in Hunan Province, containing an estimated 1,000 metric tons of gold. Valued at US$83...
Celebrating Excellence: Highlights from the 2024 Prospect Awards
The 2024 Prospect Awards brought together the mining sector’s finest at the WA Mining Conference and Exhibition. For the first...
Australian Black Friday Sales Set to Break Records
Australian shoppers are gearing up for a record-breaking Black Friday and Cyber Monday shopping spree. According to Roy Morgan research,...
Banks and Healthcare Stocks Propel ASX to New Highs; IAG Shares Surge on $855m Deal
The Australian stock market extended its upward momentum on Thursday, with the S&P/ASX200 index gaining
RBA Unlikely to Cut Interest Rates Despite Inflation Drop
The Reserve Bank of Australia (RBA) appears unlikely to lower interest rates in 2024, despite annual inflation falling to its lowest...
Anglo American Exits Australian Coal with $5.8 Billion Deal
Key Transaction with Peabody Energy
Anglo American has announced the sale of its remaining Australian steelmaking coal mines to...
Mining and Energy Unite: AIMEX 2025 Moves to South Australia
Mining and Energy Unite: AIMEX 2025 Moves to South Australia
In September 2025, the Asia-Pacific International Mining...
Resolute Mining to Pay $246 Million to Mali for CEO and Executives’ Release
Australian Gold Miner Faces Tax Dispute Detention
Resolute Mining, an Australian gold mining company, has agreed to pay $US160...
BHP Warns Australian Mining of Growing Low-Cost Competition
BHP President Highlights New Market Challenges
BHP Group’s Australia President, Geraldine Slattery, has raised concerns about...
Exploration Spending to Stay Flat Despite Trump Pledges and Strong Gold Prices, S&P Says
Despite solid gold prices, exploration spending in the mining sector will remain flat in 2025. It promises from President-elect Donald...
Bitcoin vs Gold: Which is the Better Investment for Your Portfolio?
The global financial landscape has been rattled by the unexpected outcome of the recent US elections. With President-elect Donald...
The Energy Transition Shifts Australian Attitudes Towards Mining
Positive Shift in Trust for the Mining Industry
The 2024 Australian Attitudes Towards Mining report released in October reveals...
Australia’s Resolute Mining Faces Crisis After CEO and Executives Detained in Mali
Shares Plunge Following Unanticipated Arrests
Shares of Australian gold mining company Resolute Mining Ltd. (RSG.AX) plunged by...
ASX Market Surges as Pharmaceuticals and Tech Lead Gains
The S&P/ASX200 index experienced a robust performance today, recording a significant gain of 75.50 points or 0.92%, closing at...
S&P/ASX 200 Sees Modest Rise, Sigma Healthcare Leads Top Gainers
The S&P/ASX 200 index inched up by just 3.70 points today, reaching 8,203.20 as of 3:45 pm AEDT. Despite a small gain, the market...
US Presidential Election Impacts ASX: Markets Brace Amid Tight Race
Officials Question Treasury, ATO, ACCC, as ASX Keeps Eyes on US Election
Today’s Australian Stock Exchange...
ASX Slips as Financial Markets Anticipate RBA Decision
The Australian Stock Exchange (ASX) faced losses today, with the S&P/ASX200 index falling by 30.50 points or 0.37% to 8,134.10 as of...
Westgold Resources: Record-Breaking Gold Intercepts and Promising Drilling Results at Bluebird-South Junction
Westgold Resources Limited (ASX: WGX) announced an exciting
ASX Climbs Despite Weekly Decline, Led by Westgold Resources and WiseTech Global
The S&P/ASX200 made gains on Monday afternoon, climbing 52.70 points or 0.65% to reach 8,171.50 as of 3:31 pm AEDT. This rise comes...
ASX200 Closes Lower, Hitting New 20-Day Low Amid Sector-Wide Declines
The S&P/ASX200 ended the trading week on a downtrend, closing 41.20 points lower, or 0.50%, at 8,118.80 on Friday. This marked a...
S&P/ASX200 Drops Below Key Moving Average as Star Entertainment, Woolworths Lead Declines
The S&P/ASX200 slumped on 30 October, falling by 71.40 points or 0.87% to 8,177.80 as of 3:14 pm AEDT. The index slipped below its...
Rodri Makes History with 2024 Ballon d’Or Triumph
Rodri has etched his name in history, winning the 2024 Ballon d’Or over Real Madrid’s Vinícius Júnior. In an unexpected turn,...
Capricorn Metals Greenlights Major Expansion at Karlawinda Gold Project
Capricorn Metals has received board approval to expand its Karlawinda Gold Project (KGP), located in the Pilbara region of Western...
ASX Rises as Premier Investments and ZIP Co Lead Gains
The Australian share market saw upward momentum today, with the S&P/ASX 200 gaining 31.40 points or 0.38%. At 3:35 pm AEDT, the...
ASX Dips as Energy Stocks Lead Declines
The S&P/ASX200 index has experienced a slight decline today, falling 4.70 points to 8,206.60 by 2:46 pm AEDT. This dip reflects...
EMR Capital Initiates Sale of Kestrel Coking Coal Mine Amid Market Dynamics
Private equity firm EMR Capital has announced plans to sell the Kestrel coking coal mine in Queensland’s Bowen Basin, marking a...
Mining Professionals Tip the Scales on Wages with Higher Incomes
New insights from Australian Tax Office data reveal that mining sector workers earned significantly more than the national average in...
Fortescue’s Strong Start to FY25: Record Shipments, Green Initiatives, and Safety Milestones
Fortescue Metals Group has kicked off FY25 with record iron ore shipments and advancements in sustainability efforts. The company’s...
Newmont Mining to Shape the Future of Mining at IMARC 2024
The 2024 International Mining and Resources Conference and Exhibition (IMARC) will highlight the latest developments in mining...
NRW Holdings Secures A$1.6 Billion Queensland Mining Contract
Mining services provider NRW Holdings (ASX: NWH) has secured a major A$1.6 billion mining contract with Stanmore Resources. This...
ASX 200 Plunges Amid Wall Street Turmoil and Bond Market Worries
The S&P/ASX 200 closed sharply lower on Tuesday, dropping by 138.70 points or 1.66% to end at 8,205.70. The index crossed below its...
Silver Prices Soar as Investors Seek Safe Haven Amid Global Uncertainty
Silver prices have surged recently, reflecting a renewed interest in precious metals. Analysts report that the price of silver has...
ASX200 Climbs as Top Stocks Surge Amidst Corporate Challenges
The S&P/ASX200 closed positively on Monday, gaining 66.80 points or 0.81%, reaching a solid 8,350.00. This uptick in the Australian...
ASX 200 Falls as Flight Centre Leads Market Decline
The ASX200 index is down by 87.90 points or 1.05%, standing at 8,268.00 as of 18 October, 3:23 pm AEDT. This decline follows the index...
ASX200 Falls from Record High as Global Market Uncertainty Grows
The ASX200 slipped on Tuesday, ending 33.7 points lower, or 0.41%, at 8,284.70 after setting a new 52-week high earlier in the week. The...
ASX200 Climbs to 100-Day High with Strong Sector Gains
The S&P/ASX200 index surged by 0.90% today, gaining...
ASX 200 Rises as Miners and Financials Lead the Charge
The Australian stock market experienced an uplift today, with the S&P/ASX 200 index climbing 37.60 points, or 0.46%, at 8,252.10 as...
ASX Drops Amid Market Uncertainty and Chinese Stimulus Disappointment
The Australian share market experienced a notable decline on Monday, with the S&P/ASX 200 falling by...
Copper Positioned for Major Upside in 2024-25 as Global Supply Tightens
Key Points from LME Week Discussions
Copper has once again emerged as the metal with the most upside potential...
ASX News 7th October: S&P/ASX 200 Rises as Arcadium Lithium and Liontown Resources Lead Gains
The S&P/ASX 200 index climbed higher today, gaining 59.90 points or 0.73% to close at 8,209.90 as of 3:42 pm AEDT. The rise comes as...
Illan Meslier’s Injury-Time Error Hands Sunderland Dramatic Draw with Leeds
Illan Meslier, Leeds United’s goalkeeper, had a moment to forget in injury time as his mistake gifted Sunderland a dramatic 2-2 draw,...
Oil Prices Surge Amid Middle East Tensions; ASX Weakens as Bunnings Faces Supplier Scrutiny
ASX Slips as Oil Prices Surge and Bunnings Faces Supplier Inquiry
Oil prices rose sharply as investors reacted...
ASX 200 Index Rises by 2.70 Points Amid Mixed Sector Performances
The S&P/ASX 200 gained a modest 2.70 points today, bringing the index to 8,200.90 at midday. The market remains relatively stable,...
Executive Changes Shake Up Australian Mining Sector
Australian Mining Sector Sees Key Leadership Changes Amid Growth Ambitions
This week, the Australian mining sector witnessed...
ASX Edges Lower Amid Mixed Sector Performance
The S&P/ASX200 dips slightly as investors weigh gains in energy and materials against declines in key sectors.
The Australian...
S&P/ASX200 Declines as Star Entertainment and Tabcorp Drag the Market Lower
The S&P/ASX200 index experienced a significant pullback today, falling by 62.50 points, or 0.76%, to reach 8,207.30 by 2:32 PM AEST....
S&P/ASX 200 Jumps 66 Points as Star Entertainment and Fletcher Building Shine
The S&P/ASX 200 surged today, gaining 66 points or 0.80%, closing at ...
ASX200 Edges Higher as Materials and Technology Sectors Lead the Market
The Australian share market showed modest gains today, with the S&P/ASX200 index closing 6.40 points higher at 8,210.10. Although...
PlayStation 30th Anniversary Consoles and PS5 Pro Pre-Orders Now Live in Australia
A New Era for PlayStation Fans
Excitement is sweeping across Australia as Sony launches pre-orders for the...
S&P/ASX 200 Rises with Strong Performers in Energy and Industrials
As of 1:43 pm AEST on 26 September 2024, the S&P/ASX 200 index has shown promising growth, rising by 61.90 points or 0.76% to sit at...
Iron Ore, Copper, and Lithium Stocks Surge Amid China’s Stimulus
Iron ore, copper, and lithium stocks are soaring this week after China’s central bank announced a series of stimulus measures. The...
Asian and US Markets Show Mixed Reactions Amidst Stimulus and Rate Decisions
The global markets began the week with mixed responses as investors reacted to China’s stimulus measures and upcoming interest rate...
ASX Trends: S&P/ASX 200 Falls Amid Mixed Performance in Sectors
The Australian Stock Exchange (ASX) is seeing a mixed day, with the S&P/ASX 200 Index dropping 46.20 points or 0.56% to 8,163.30...
Weekly Wrap: Australian Share Market Reaches Record High Amid Global Optimism
The Australian share market closed the week at a new record high, driven by continued investor optimism...
ASX Surges to Record Highs: Is the Market Overvalued or Just Hitting Its Stride?
The Australian share market has reached new record highs, leaving investors debating whether stocks are now too expensive. With the...
Caterpillar Unveils ‘Groundbreaking’ Energy Management System for Mining
Caterpillar has unveiled a revolutionary solution to tackle a significant challenge in the mining industry’s shift towards...
ASX 200 Hits New Intraday High, Bolstered by US Market Optimism
The Australian share market hit a new milestone today as the S&P/ASX 200 index reached an all-time intraday high. Early morning...
Alcoa to Sell 25.1% Stake in Ma’aden Joint Venture for $1.1 Billion
US aluminium giant Alcoa has announced the sale of a 25.1% stake in its joint venture with Ma’aden, marking a significant move in its...
Silver Prices to Climb: ASX Stocks to Watch After Citi’s Bullish Call
ASX Silver Stocks to Watch After Citi’s Bullish US$38/oz Silver Price Prediction Silver prices have been on the rise, with major...
Arizona’s Crucial Copper Mine and Its Potential Impact on the U.S. Elections
The upcoming U.S. presidential election in 2024 could be swayed by a contentious issue in Arizona: the...
Gold Hits Record High Amid Central Bank Rate Cuts and Fed Expectations
Gold prices have reached an all-time high, surging to US$2,560 an ounce. This rise has been driven by a combination of European Central...
Calima Energy Announces Plan to Delist from ASX
Calima Energy Limited (ASX: CE1) has formally applied to the Australian Securities Exchange (ASX) to be...
The World’s First Deep-Sea Nodules Processed by Canada’s TMC at PAMCO Facility in Japan
In a groundbreaking achievement for deep-sea mining, Canada’s The Metals Company (TMC) has...
Chinese Capital Constraints on Aussie Miners: An Opportunity for Overseas Explorers?
AusThe restriction on Chinese investment in Australia’s junior miners continues to reshape the landscape for ASX-listed companies....
IMARC 2024: The Premier Global Mining Conference Returns to Sydney
The International Mining and Resources Conference (IMARC) 2024 is set to bring together the most...
BHP’s Bold Plan to Double Copper Production in South Australia
BHP is accelerating its copper production in South Australia with the planned expansion of its Olympic Dam smelter and refinery. The...
U.S. Military Invests $20M in Ontario Cobalt Refinery to Strengthen Supply Chains
The U.S. military has taken a significant step in its strategy to reduce reliance on China for critical minerals. On Tuesday, the...
Surviving the Jaws: Bite Club’s Support for Shark Attack Survivors
Surviving a close encounter with a wild animal is life-altering. For members of Bite Club, a support group...
Rio Tinto Shares Fall After Ex-Dividend Date: What It Means for Investors
Rio Tinto’s share price dropped by
BHP Faces Worker Strike at World’s Largest Copper Mine: Production in Jeopardy
Mining giant BHP Group (ASX, LON, NYSE: BHP) has begun removing striking workers from its Escondida copper mine in Chile, escalating...
Australia’s Top 10 Richest in 2024: Who’s Leading?
Australia’s richest individuals have seen their fortunes grow despite economic challenges, according to Forbes’ 2024...
Lithium Prices Falling? Sprott’s Approach to Smart Investment in Miners
In a recent analysis,
Kamala Harris to Announce Running Mate at Philadelphia Rally
Vice President Kamala Harris will introduce her new running mate at a highly anticipated rally in Philadelphia...
Alto Metals Surges on Brightstar Merger: Gold Consolidation Takes Centre Stage Ahead of Diggers and Dealers
The Australian mining sector is excited as Alto Metals (ASX: AME) and Brightstar Resources (ASX: BTR) announced a merger just ahead of...
Should You Consider Buying BHP ASX Shares Post 17% Drop?
BHP Group Ltd (ASX: BHP), one of the largest...
Should Investors Hold or Sell Fortescue Metals Amid Bearish Projections?
Fortescue Metals Group Ltd (ASX: FMG), one of the largest iron ore producers in the world, has been under the spotlight recently as...
Galan Lithium’s 79% Stock Plunge in 2024: Director Buys 300,000 Shares
Investors in the ASX lithium stock, Galan Lithium Ltd (ASX: GLN), have faced a tough year. The stock has experienced a significant...
ASX 200 Loses 8000 Mark: July 19th Decline Reflects Wall Street Trends and Falling Commodity Prices
The Australian share market (ASX 200) gave up its hard-won 8000-mark record on Friday, July 19th, dropping 0.8% in a...
S&P Global Report: U.S. Mining Industry Takes 29 Years to Develop Mines, 2nd Highest in the World
A new report by S&P Global Market Intelligence, “
BHP Breaks Production Records for Second-Year Running
On July 17th, As soon as the report, ‘
L1 Capital Flags Buying Opportunities in ASX Mining Sector: Mineral Resources (MIN) and Nexgen Energy (NXG)
Despite recent market jitters, prominent fund manager L1 Capital sees potential buying opportunities in two ASX-listed mining companies:...
Public Company Bets Boost Domain Holdings (DHG) Stock 11%
Domain Holdings Australia (ASX: DHG) saw its stock price jump 11% last week, and a closer look at the company’s ownership...
Declining Stock and Strong Financials: Is The Market Underestimating Northern Star Resources Limited?
Northern Star Resources Limited (ASX:NST), a prominent player in the Australian gold mining industry, has seen its stock decline by 13%...
Telfer for Sale: ASX Juniors Scramble for WA Gold Glory
The legendary Telfer gold mine in Western Australia is up for grabs, and ASX-listed junior explorers are lining up for a shot at gold....
ASX Growth Companies: Insider Ownership a Beacon in Uncertain Market?
The Australian Securities Exchange (ASX) has seen a mixed bag lately, with a slight dip overall and weakness in most sectors. Investors...
ASX Lithium Share Pilbara Minerals May Have Hit Bottom, Says Top Broker
Pilbara Minerals Ltd (ASX: PLS), a prominent ASX lithium stock, has endured a rough year. The share price has plummeted...
South32 Ltd’s Rollercoaster Year: FY24 Volatility and FY25 Outlook
South32 Ltd (ASX: S32) shares demonstrated resilience in the face of a tumultuous FY24, maintaining stability despite market conditions...
ASX Dividend Darlings: BHP, Inghams, and Orora Beckon Income Investors
Australian income investors seeking steady returns are in luck. Three ASX heavyweights – BHP (ASX: BHP), Inghams (ASX: ING), and Orora...
ASX Value Hunt: Elders, South32, Webjet Show Potential Despite Flat Market
A new report by Simply Wall St. identifies potential buying opportunities in the Australian Securities Exchange (ASX) despite the...
Rio Tinto’s Strategic Move: Injects A$18.5 Million and Lifts Stake to 19.76% in Sovereign Metals
Aussie mining junior Sovereign Metals Ltd (ASX:SVM) got a significant boost, with Rio Tinto doubling its investment. The global mining...
