Australians Set to Pay A$178.9 Million in Public Holiday Surcharges This April
April 3, 2026• Home Top Stories, Australia, Daily News, Featured Business News, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Australians heading out to cafes, pubs, and restaurants this April are in for a costly surprise. Public holiday surcharges across the Easter long weekend and Anzac Day are set to add up to A$178.9 million in extra fees for diners across the country.

Figure 1: Group of diners at a restaurant highlighting rising costs of eating out during public holidays in Australia [Courtesy: Freepik]
The Easter surcharge dining out burden is landing at a time when household budgets are already stretched. Rising fuel costs, wage pressure, and broader living expense increases are all feeding into what is shaping up as one of the most expensive public holiday periods in recent memory for Australian consumers.
The Numbers Behind April’s Public Holiday Surcharge Bill
New analysis has put hard figures on what Australians will collectively spend on the public holiday surcharge Australia this month. The scale of the total is striking.
Easter Weekend Alone Will Cost Diners A$129.7 Million
Diners are expected to pay A$129.7 million in surcharges across the Easter long weekend, according to analysis by Money.com.au. Easter Saturday is forecast to be the single busiest trading day of the weekend, with surcharges on that day alone expected to reach A$49.2 million across most states and territories where it falls as a public holiday.
Anzac Day Adds Another A$49.2 Million to the Total
Anzac Day falls on a Saturday this year, which brings it into the same surcharge calculation as Easter Saturday. The public holiday surcharge Australia total for Anzac Day is estimated at A$49.2 million, bringing the combined April figure to A$178.9 million across both events.
What Surcharges Actually Cost the Average Diner?
Public holiday surcharges in Australia are not capped by law. Venues are free to set their own rates, and charges of up to 20 per cent on top of the listed menu price are not uncommon during public holidays.
Households Already Under Pressure
Finance expert Sean Callery described the Easter surcharge dining out impost as an added strain on budgets already under pressure. “It is another cost burden at a time when households are already dealing with rising living expenses,” Callery said. “The combined cost of getting out and about, from fuel to dining surcharges, could make staying home a more appealing option for some Australians.”

Figure 2: Sean Callery, finance expert, discussing the impact of cost-of-living pressures on Australian households [Courtesy: LinkedIn]
Research from Money.com.au found that 64 per cent of Australians were planning to avoid cafes and restaurants over the Easter weekend specifically because of the public holiday surcharge. The remaining 36 per cent said they were undeterred by the additional fees.
Some Venues Are Opting Out of Surcharges
A small number of Australian venues have chosen to promote surcharge-free trading over the Easter period. Perth cafe Village Cafe and Burgers is among those that have publicly committed to not passing on a public holiday surcharge to their customers this weekend.
Why Businesses Say the Surcharges Are Unavoidable?
The restaurant cost-of-living Australia debate has two sides. While consumers feel the pinch, venues argue the surcharges are the only way they can afford to open on public holidays at all.
Penalty Rates Drive the Cost for Employers
Businesses are legally required to pay penalty rates to staff working on public holidays. Wages typically rise by 225 to 250 per cent on public holidays, depending on whether the worker is employed on a part-time or casual basis. For venues operating on thin margins, the surcharge is often the only mechanism available to cover that cost increase without trading at a loss.
Callery acknowledged this directly. “It is important to recognise cafes and restaurants are also under pressure and public holiday surcharges are often the only way they could afford to trade,” he said.
ARCA Is Calling for an Additional Fuel Surcharge on Top
The Australian Restaurant and Cafe Association has gone a step further, calling on venues to introduce a temporary fuel surcharge of up to 5 per cent on top of existing charges. ARCA chief executive Wes Lambert said suppliers were passing rising fuel costs down the chain to small businesses that had no capacity to absorb them.

Figure 3: Australian Restaurant and Cafe Association (ARCA) logo representing the industry body advocating for cost recovery measures [Courtesy: Wix]
“Big companies, large suppliers, they are passing on the costs to their customers,” Lambert said. “It is small restaurants and cafes around the country that are on razor-thin margins that just cannot afford to absorb the increased delivery or minimum purchasing requirements.”
Lambert noted the fuel cost pressure was compounding several other upcoming changes hitting venues simultaneously. These include the Reserve Bank of Australia’s planned ban on credit and debit card surcharges, a Fair Work decision to abolish junior pay rates, and an anticipated increase to the minimum wage.
What the Rules Say About Surcharge Disclosure?
There is no legislated cap on the public holiday surcharge Australia venues can apply. Businesses are legally free to set their own surcharge levels. However, the Australian Competition and Consumer Commission requires that any surcharges or additional fees be clearly displayed before a customer places an order, and in a prominent location. Consumers have the right to know what they will be charged before they commit to a purchase.
Industry Outlook
The restaurant cost-of-living Australia pressure is not easing in the near term. With minimum wage increases, the phase-out of junior pay rates, and rising input costs all on the horizon, the structural cost challenges facing the hospitality sector are set to intensify through 2026.
The broader debate around public holiday surcharges is also attracting growing consumer and political attention. As surcharge totals reach record levels, pressure on policymakers to review the regulatory framework around penalty rates and surcharge transparency is likely to increase.
Future Direction and Impact on Australian Consumers and Hospitality
The A$178.9 million public holiday surcharge Australia for April 2026 is not just a number. It reflects a widening gap between what consumers expect to pay and what it actually costs to run a hospitality business in Australia today.
For consumers, the Easter surcharge dining out reality means careful budgeting is increasingly necessary before heading out over any long weekend. Checking whether a venue charges a surcharge and at what rate before arriving is becoming a standard part of the dining decision.
For the hospitality industry, the tension between consumer price sensitivity and genuine cost pressures shows no sign of resolving quickly. The restaurant cost-of-living Australia challenge will remain a defining issue for the sector throughout the year, particularly as further wage and regulatory changes take effect.
ALSO READ: Auric Mining Names Processing Lead to Drive Burbanks Mill Development
Frequently Asked Questions
Q1. How much will Australians pay in public holiday surcharges this April?
Ans. Australians are expected to pay a combined A$178.9 million across the Easter long weekend and Anzac Day in April 2026.
Q2. Is there a legal cap on public holiday surcharges in Australia?
Ans. No. Businesses are free to set their own surcharge rates. However, the ACCC requires surcharges to be clearly disclosed before a customer orders.
Q3. Why do restaurants charge a public holiday surcharge?
Ans. Businesses must pay penalty rates of 225 to 250 per cent of standard wages to staff working on public holidays. Surcharges help cover this additional labour cost.
Q4. What is the ARCA fuel surcharge proposal?
Ans. The Australian Restaurant and Cafe Association is calling on venues to add a temporary fuel surcharge of up to 5 per cent to cover rising supplier delivery costs being passed on to small businesses.
Q5. How many Australians are avoiding dining out this Easter due to surcharges?
Ans. Research found 64 per cent of Australians planned to avoid cafes and restaurants over Easter specifically because of the public holiday surcharge.
Disclaimer
This article is intended for informational purposes only and does not constitute financial or investment advice. All content is based on reporting published on 3 Apr 2026 and analysis sourced from Money.com.au. Figures cited reflect estimates available at the time of publication. Readers should conduct their own research before making financial or consumer decisions. Colitco does not hold any commercial position in the businesses or organisations mentioned.
Sources
Read More → Read More: Australians Set to Pay A$178.9 Million in Public Holiday Surcharges This AprilHedge Funds Dump NVDA, TSLA, and PLTR at a Rate Not Seen Since 2011
April 3, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Hedge Funds Record Historic Stock Sell-Off in March 2026
Hedge funds sold global stocks at the fastest pace in 13 years in March, according to data compiled by Goldman Sachs Group’s prime brokerage unit. The pace of selling ranked second-largest since the bank began collecting data in 2011.
Hedge funds sold global equities for a fourth straight month. The equally weighted average and median long/short returns for March finished down 3.96% and 4.77%, respectively, suggesting that larger multi-manager funds underperformed during the month.

Traders on the NYSE floor react as hedge funds record their fastest pace of global stock selling in 13 years. (Photo: Getty Images)
Iran War Drives Investor Concerns Across Global Markets
Goldman Sachs says the accelerated selling is driven by concerns about further stock market weakness as the war in Iran continues. Rising crude oil prices have also upended global financial markets.
Bruno Schneller, managing partner at multi-family office Erlen Capital Management, described March 2026 as “one of the more demanding months for the hedge fund industry in recent years.” He cited elevated volatility driven by geopolitical tensions, particularly the escalation in the Middle East involving Iran, alongside rapid shifts across interest rates, currencies, commodities, and equity factor rotations.

Rising crude oil prices linked to the Iran war have intensified pressure on global equity markets. (Photo: LinkedIn)
NVDA, TSLA, and PLTR Among the Most Sold Stocks
Hedge funds sold their positions in leading stocks such as Nvidia (NVDA), Tesla (TSLA), and Palantir (PLTR) as they moved into defensive positions and shifted assets to cash.
These three stocks represent some of the most closely watched names in technology and artificial intelligence. Their combined selloff signals a broader retreat from high-growth, risk-sensitive assets. Investors who once saw these names as core long-term holdings began cutting exposure as market uncertainty increased.

NVIDIA, Tesla, and Palantir were among the hardest-hit stocks as hedge funds rotated out of high-growth tech names in March 2026. (Photo: Fast Company)
Eight of 11 U.S. Sectors See Net Outflows
In the U.S. market, hedge fund selling occurred across multiple sectors, with eight of 11 industries recording net outflows during March. The selling was particularly strong in technology, industrials, and financials, sectors closely linked to overall economic performance.
Goldman Sachs noted that hedge funds aggressively shorted global financial stocks. The S&P financials index fell over 11% this year, while a European bank index dropped around 8%. The moves came as the sector faced pressure from concerns about the Middle East war’s impact on the global economy. A recent Moody’s report showed U.S. banks had lent nearly $300 billion to private credit providers as of June 2025.
Short Selling Surges as Funds Build Bearish Positions
The move was largely driven by a pickup in short sales, underscoring concern that the stock market faces more weakness amid the ongoing fighting in Iran. Fast-money investors used exchange-traded funds to express their skepticism. Shorting activity in large-cap equity ETFs helped fuel a 17% jump in short positions across U.S. ETFs.
Short sales outpaced long buying by a ratio of 5.6 to 1 during the latest tracked week. Goldman traders noted that “some signs of capitulation are starting to emerge.” The combination of elevated short books and systematic selling creates conditions for a potential sharp market snapback if any war-related developments shift investor sentiment.
Hedge Funds Rotate Into Defensive Consumer Stocks
Hedge fund managers shifted into defensive positions, purchasing consumer staple stocks such as Costco Wholesale (COST) and Walmart (WMT) at the fastest rate since July 2025. A majority of hedge fund managers now hold a bearish view on equities as the Iran war continues.
Fund managers became net buyers of technology, media, and telecom stocks for the first time in four months. However, Goldman Sachs noted that this activity came from short-covering rather than new long positions. Investors closed bearish bets rather than opening new bullish ones.

Consumer staple giants Walmart and Costco saw the fastest hedge fund inflows since July 2025 as managers sought defensive positions. (Photo: Kavout)
Worst Monthly Drawdown Since January 2022
Global hedge funds faced their worst monthly drawdown since January 2022, according to a Goldman Sachs client note. The March 2026 drawdown represents the biggest single-month decline since investors focused on Federal Reserve rate concerns and geopolitical tensions four years ago.
Technology, media, and telecommunications funds were among the hardest hit, declining 7.8% in March and 11.8% during the quarter. Fundamental long/short stockpickers posted negative returns across all regions. Asia-focused funds fell 7.3%, while European fund managers dropped 6.3%.
Also Read: St Barbara Advances Sim beri Gold Project with Lingbao – Colitco
Goldman Sachs Sees Potential Rebound in Q2 2026
Goldman Sachs issued a constructive outlook for April 2026, suggesting that the sharp sell-off in late March effectively removed excessive speculative positioning. The firm forecast 12% year-over-year earnings growth for the S&P 500 in Q1 2026, which would mark the sixth consecutive quarter of double-digit expansion.

Goldman Sachs forecasts a potential market rebound in Q2 2026, projecting 12% earnings growth for the S&P 500. (Photo: WSJ)
Goldman analysts argue that hedge funds, which were aggressive sellers during the March decline, may now face a squeeze as they look to re-enter positions in high-performing tech stocks during any April rebound. The bank also forecasts two Federal Reserve rate cuts before the end of 2026, citing a cooling labour market and easing wage growth pressures.
Disclaimer
This article is published on Colitco for informational purposes only. The content covers publicly reported market activity involving Nvidia (NVDA), Tesla (TSLA), and Palantir (PLTR) and does not represent financial, investment, or trading advice. Colitco is not a licensed financial advisor. Readers should not make investment decisions based solely on the information presented here. All data referenced is sourced from Goldman Sachs, Reuters, and other third-party financial outlets. Colitco holds no responsibility for any financial losses or gains resulting from actions taken based on this article. Always consult a qualified financial professional before making any investment decisions related to NVDA, TSLA, PLTR, or any other securities.
Sources
https://finance.yahoo.com/markets/stocks/articles/hedge-funds-bail-global-stocks-172955579.html
https://www.tipranks.com/news/nvda-tsla-pltr-hedge-funds-dump-stocks-at-fastest-pace-in-13-years
Read More → Read More: Hedge Funds Dump NVDA, TSLA, and PLTR at a Rate Not Seen Since 2011ASX Buy-Rated Shares Analysts Are Watching Closely This April
April 3, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
April has brought fresh broker conviction to two names on the ASX. Bell Potter and Morgans have both issued buy ratings on stocks they believe carry meaningful upside from current levels.

Figure 1: ASX market screen showing stock price movements and volatility [Courtesy: Market Index]
The recommendations span retail and alternative asset management. Both analysts see near-term risks, but believe the underlying fundamentals remain intact and compelling for investors willing to look past the noise.
1. Harvey Norman Earns a Buy as Bell Potter Spots Value After the Sell-Off
Harvey Norman Holdings Limited (ASX: HVN) is among the best ASX growth stocks flagged by analysts this month. Bell Potter has retained its buy rating despite acknowledging the headwinds facing the broader retail sector.

Figure 2: Harvey Norman Holdings Limited logo [Courtesy: Website Files]
Geographic Spread and Property Assets Are the Core Argument
Bell Potter believes Harvey Norman’s exposure to multiple product categories presents risks in the current environment. However, the broker argues that geographic diversification and a substantial property portfolio help offset those concerns considerably.
The broker pointed to Harvey Norman’s international store expansion across the United Kingdom, Malaysia, and Croatia as a driver of new store-led growth. It also highlighted the ongoing refit programme in Australia and the Company’s position as the single largest owner of large format retail property in Australia, with a global portfolio valued at approximately A$4.6 billion.
Valuation Has Become Attractive After a Sharp Decline
Bell Potter noted that Harvey Norman shares have fallen sharply since October 2025. The broker believes this sell-off has created an attractive entry point for investors tracking top ASX dividend shares and growth opportunities alike.
Bell Potter has set a price target of A$6.70 per share on Harvey Norman and rates the stock a buy. The broker stated:
“While our preference skews to category specialists with balance sheet strength, we see HVN’s well balanced geographical diversification somewhat offsetting the multi-category risks. Following the sharp sell-off in the name since Oct-25, HVN’s 1-year forward P/E of ~13x appears attractive considering the new store driven growth in international retailing, refit program in Australia and opportunities to grow their real estate portfolio.”
2. Navigator Global Investments Earns a Buy on Georgian Acquisition
Navigator Global Investments Limited (ASX: NGI) is the second of the ASX buy-rated shares to attract broker attention in April. Morgans has retained its buy rating on the Company following its recent acquisition of Georgian, a Toronto-based AI-focused growth equity firm.

Figure 3: Navigator Global Investments Limited logo [Courtesy: Wikimedia Commons]
Georgian Acquisition Aligns With Key Investment Trends
Morgans believes the Georgian deal is a strong strategic fit for Navigator Global Investments. The broker sees the acquisition as earnings accretive and aligned with the Company’s flagged acquisition criteria.
Morgans has forecast that Navigator Global Investments’ earnings per share for FY26, FY27, and FY28 will increase by approximately one to three per cent following the Georgian transaction. The broker views the deal as supportive of the Company’s long-term growth outlook among the best ASX growth stocks in the alternative asset management space.
Target Price Trimmed but Fundamentals Remain Solid
Morgans has reduced its price target on Navigator Global Investments to A$2.98 per share, down from A$3.35 previously. The broker attributed this reduction to a contraction in global peer trading multiples and a more conservative valuation multiple of 12.5 times price-to-earnings, compared to 15 times previously.
Despite the target trim, Morgans does not believe the Company’s core fundamentals have deteriorated. The broker noted that current market volatility may actually be supportive of Navigator Global Investments’ stable of alternative asset fund managers. Morgans stated:
“NGI’s recent sell-off appears to be mainly tied to Private Credit concerns around its key strategic partner Blue Owl. We think NGI’s fundamentals are largely unchanged, and current market volatility is arguably conducive to its stable of alternative asset fund managers. We rate NGI a Buy.”
Share Price Snapshot
Navigator Global Investments Limited (ASX: NGI) is currently trading at A$2.050 per share, with a market capitalisation of A$1.06 billion and a 52-week range of A$1.450 to A$3.340.

Figure 4: Navigator Global Investments Limited (ASX: NGI) share price performance over the past year [Courtesy: ASX]
Harvey Norman Holdings Limited (ASX: HVN) is trading at A$4.730 per share, with a market capitalisation of A$6.06 billion and a 52-week range of A$4.530 to A$7.700.

Figure 5: Harvey Norman Holdings Limited (ASX: HVN) share price performance over the past year [Courtesy: ASX]
Industry Outlook
The Australian retail and alternative asset management sectors are both navigating a period of meaningful transition. Consumer spending patterns remain mixed, while institutional capital continues to seek diversified, non-correlated asset exposures.
Among the top ASX dividend shares and growth names, brokers are increasingly favouring companies with geographic scale, strong balance sheets, and exposure to structural themes such as artificial intelligence and critical minerals. The ASX buy-rated shares flagged this month reflect that broader pivot toward quality and resilience in uncertain market conditions.
Future Direction and Impact on ASX Investors
For investors tracking the best ASX growth stocks, the two names flagged by Bell Potter and Morgans this April represent different but complementary investment propositions.
Harvey Norman’s appeal rests on valuation recovery, international store rollout, and the enduring strength of its real estate assets. Navigator Global Investments’ appeal is tied to its expanding alternative asset management platform, the strategic value of the Georgian acquisition, and its ability to generate stable earnings through volatile market cycles.
Both stocks carry risks that brokers have acknowledged openly. For Harvey Norman, multi-category retail exposure remains a concern in a softening consumer environment. For Navigator Global Investments, sentiment around Private Credit and its relationship with Blue Owl continues to weigh on the share price despite the broker’s confidence in underlying fundamentals.
Investors watching top ASX dividend shares and ASX buy-rated shares should monitor both names closely as earnings updates and macro conditions evolve through the remainder of the financial year.
ALSO READ: St Barbara Seals A$389 Million Lingbao Deal
Frequently Asked Questions
Q1. What are the best ASX growth stocks flagged by analysts in April 2026?
Ans. Bell Potter has flagged Harvey Norman (ASX: HVN) and Morgans has flagged Navigator Global Investments (ASX: NGI) as buy-rated shares this April.
Q2. Why is Harvey Norman rated a buy by Bell Potter?
Ans. Bell Potter sees value after a sharp share price decline, citing international store growth, the Australian refit programme, and a large property portfolio as key supports.
Q3. What is Bell Potter’s price target for Harvey Norman?
Ans. Bell Potter has set a price target of A$6.70 per share on Harvey Norman.
Q4. Why has Morgans trimmed its price target on Navigator Global Investments?
Ans. Morgans reduced the target to A$2.98 per share due to a contraction in global peer trading multiples and a more conservative valuation multiple applied to the stock.
Q5. What is the Georgian acquisition and why does it matter?
Ans. Georgian is a Toronto-based AI-focused growth equity firm acquired by Navigator Global Investments. Morgans views it as earnings accretive and strategically aligned with key investment trends.
Disclaimer
This article is intended for informational purposes only and does not constitute financial or investment advice. All content is based on broker research and analyst commentary available as of 3 Apr 2026 and sourced from publicly available reporting. Share price data should be verified independently via the ASX website at the time of reading. Investing in securities involves risk, including the possible loss of principal. Readers should conduct their own research and seek independent financial advice before making any investment decisions. Colitco does not hold any position in the companies or organisations mentioned.
Sources
https://www.fool.com.au/2026/04/03/why-these-asx-shares-are-rated-as-buys-in-april
https://www.asx.com.au/markets/company/HVN
https://www.asx.com.au/markets/company/NGI…
Read More → Read More: ASX Buy-Rated Shares Analysts Are Watching Closely This AprilUS Gulf Deepwater Field Stake Attracts Oil Giants Amid Global Energy Shift
April 3, 2026• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, Uncategorized
A US Gulf deepwater field stake is attracting early attention among major oil companies as the world energy dynamics become more dynamic and the industry participants find stable production resources beyond the conflict-ridden territories.
Sources familiar with the matter say that European energy giants TotalEnergies and Shell are considering a potential acquisition, and London-based BP has also shown interest, along with Spain-based Repsol and US-based Chevron, which could contemplate making a bid.
Recently, Beacon Offshore Energy and HEQ Deepwater have initiated the sale process, offering a 51 per cent share in the Shenandoah offshore field, with Navitas Petroleum remaining as the other shareholder and still a significant stakeholder in the project.

Shell branding reflects growing global interest in offshore energy assets. [Courtesy: Reuters]
US Gulf Deepwater Field Stake Gains Strategic Importance
The Shenandoah offshore field is considered one of the most promising ultra-deepwater developments in the US Gulf of Mexico due to its scale and production capacity.
The oil and gas reserves lie around 30,000 feet below the sea floor, where pressure reaches approximately 20,000 pounds per square inch. This makes extraction highly complex but rewarding for experienced operators.
Production began in July, and Beacon Offshore Energy announced in October that four phase-one wells were achieving 100,000 barrels of oil per day, making the field a high-value asset with stable return potential.
Why Are Oil Giants Eyeing The US Gulf Deepwater Field Stake Now?
Geopolitical conflict, especially in the Middle East, has become a major factor influencing investment decisions in the global energy sector.
Oil majors are focusing on assets that offer stability, scalability, and lower exposure to geopolitical shocks. North American energy assets, including the US Gulf, are increasingly seen as safer investment destinations due to their distance from conflict zones.
They also offer reliable infrastructure and global export capabilities, making them attractive during uncertainty and for long-term energy security strategies.

Global conflicts are reshaping where oil companies invest in energy assets. [Courtesy: Nature]
Energy Security Trends Support US Gulf Deepwater Field Stake Demand
Energy security concerns are driving a broader shift in capital allocation as oil producers seek to diversify supply chains and improve resilience against disruptions affecting traditional supply routes.
The US Gulf of Mexico offers a stable regulatory environment, mature infrastructure, and established production networks, making it an attractive long-term investment destination.
Rising oil prices have further increased the value of such assets. This has encouraged companies to pursue acquisitions that deliver stable output and consistent revenue in the evolving global energy landscape.
How Will The US Gulf Deepwater Field Stake Sale Process Unfold?
The sale process is progressing steadily, with several key developments shaping how the deal may unfold in the coming weeks:
- Initial bids are expected to be submitted in the coming weeks.
- Not all interested companies may proceed to the final bidding stages.
- Oil price movements will influence final valuation outcomes.
- The final deal depends on how much of Shenandoah is sold.
- Additional bidders from the Middle East and Asia may join.
- Increased competition could drive higher asset valuation.

Offshore rigs in the Gulf highlight the scale of deepwater exploration projects. [Courtesy: Upstream Online]
What Does This Mean For Global Energy Markets?
The growing interest in the US Gulf deepwater field stake reflects a broader industry shift towards renewed offshore exploration and investment.
This follows years of underinvestment in new oil projects despite sustained global demand and declining output from mature fields. The trend highlights the need to balance energy transition goals with maintaining a stable oil supply.
Ongoing geopolitical risks continue to disrupt traditional markets, making deepwater projects critical for meeting future energy demand and supporting global economic stability.
Also Read: Global Oil Shock Fuels Rapid Surge in Electric Vehicle Interest
FAQs
Q1. What is the Shenandoah offshore field?
A1: It is an ultra-deepwater oil and gas field in the US Gulf of Mexico, producing about 100,000 barrels daily.
Q2. Who is selling the stake?
A2: Beacon Offshore Energy and HEQ Deepwater are offering a 51% stake in the project.
Q3. Which companies are interested?
A3: TotalEnergies, Shell, BP, Repsol, and Chevron have shown early interest.
Q4. Why is this deal important?
A4: It reflects rising demand for stable energy assets amid global geopolitical tensions.
Disclaimer
This article is based on publicly available information and credible sources. It is for informational purposes only and does not constitute financial advice. Market conditions and company strategies may change without notice. Readers should conduct independent research before making investment decisions. The companies mentioned have not confirmed all details, and forward-looking statements involve inherent risks and uncertainties.
Sources
- https://www.reuters.com/business/energy/oil-giants-show-early-interest-us-gulf-deepwater-field-stake-sources-say-2026-04-02/
- https://www.investing.com/news/stock-market-news/exclusiveoil-giants-show-early-interest-in-us-gulf-deepwater-field-stake-sources-say-4596645
- https://money.usnews.com/investing/news/articles/2026-04-02/exclusive-oil-giants-show-early-interest-in-us-gulf-deepwater-field-stake-sources-say
Alkane Resources Leadership Update – Secretary Named
April 2, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 systems and compliance oversight.
The complexity of the regulatory requirements also grows as the Company gains more and more assets and a footprint. A more robust Company secretariat will make sure that Alkane is capable of addressing the needs of shareholders, regulatory reports, and corporate governance requirements effectively.
The two-faceted role of Steenhof as both General Counsel and Joint Company Secretary offers a combined role of both legal and governance functions, which enhances decision-making and risk management procedures.
In the meantime, the presence of Beckett will provide continuity in the operations of the organisation, and it will minimise the chances of a disruption in the transition period.

Strong governance frameworks support Alkane’s expanding mining operations and strategic ambitions. [Courtesy: Alkane Resource]
What Does This Mean For The Mining Sector And Market Outlook?
The update reflects a broader mining industry trend where companies prioritise governance, compliance, and leadership strength to manage complex regulatory environments and support expansion across jurisdictions and commodities, while Alkane Resources highlights how structured leadership transitions can maintain investor confidence and operational stability.
- Share Price: $1.485
- 52 week range: $0.565 – $1.835
- Bid / Offer Range: $1.480 – $1.485
- Market Capitalisation: $2.10B
These figures indicate active market participation despite short-term price pressure, while reinforcing that strong governance, transparency, and disciplined management remain critical for long-term sector performance and sustained capital inflows.
Also Read: Alkane Locks A$150M Credit Deal as Cash Hits A$232M
FAQs
Q1. What are the changes announced by Alkane Resources?
A1: Alkane promoted Richard Steenhof to Joint Company Secretary and approved the resignation of Dennis Wilkins.
Q2. What was the date of the leadership change?
A2: These changes came into effect on 2 April 2026.
Q3. What is the significance of this leadership update?
A3: It enhances governance, compliance and facilitates future strategic growth.
Q4. Who are the people left in the leadership team?
A4: Julia Beckett remains the Joint Company Secretary, which provides continuity.
Disclaimer
This article is based on Alkane Resources Limited’s ASX announcement dated 2 April 2026 and related public disclosures. It is intended for informational purposes only and does not constitute financial advice. Company performance and strategic outcomes may vary due to market conditions, regulatory changes, and operational factors. Readers should seek independent professional advice before making investment decisions.
Sources
- https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-03075257-6A1319191&v=undefined
- https://alkres.com/
Duratec Drops $12M to Lock In NSW Welding Firm with Clients That Could Reshape Its East Coast Play
April 2, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 and Industrial sectors.
The Hunter Region, specifically, is an energy-dense corridor with significant Oil and Gas, Energy, and Mining activity. Having an established workshop, local workforce, and incumbent client relationships in that region gives Duratec a foothold that would otherwise take years to build organically.

The Hunter Region is a strategic industrial corridor in NSW, home to key Energy and Mining operations. [Wikipedia]
Key highlights of the deal:
- Maximum sale price of A$12 million (subject to adjustments)
- Upfront payment of A$6 million, funded from cash and bank facilities
- Earn-out of up to A$6 million tied to FY27 and FY28 EBITDA hurdle of A$6.4 million
- PWA FY25 revenue: A$14.8 million; EBITDA: A$1.67 million
- PWA workforce: approximately 60 personnel
- PWA workshop: 1,000 square metres, established in Newcastle in 2022
- Incumbent contractor at Orica’s Kooragang Island Facility
- Deal completion expected by early July 2026
Management Continuity Preserved
Duratec views PWA’s current leadership as a core part of the deal’s value. Current Directors Grant Davies and Ryan Jones have committed to continuing in senior management roles for a minimum of four years post-completion.
That retention clause is a telling signal. It tells the market that the existing client relationships and operational expertise will carry forward rather than walk out the door once the deal settles.
Investor Outlook: DUR Share Price and Market Position
Duratec (ASX: DUR) has had a strong run over the past 12 months. According to recent market data, the stock has consistently outperformed the broader Australian construction industry, which itself returned around 31% over the year.

DUR Price chart over a period of one year [ASX]
The PWA deal adds a revenue-generating, client-anchored business to Duratec’s portfolio without a large capital outlay, given that the earn-out structure reduces upfront risk. For investors watching the East Coast expansion story unfold, this acquisition is another piece of a deliberate and coherent growth strategy.
Also Read: Four Astronauts Are About to Go Where No One Has Gone in 54 Years
FAQ
Q: What is the Duratec Pacific Welding Australia acquisition?
A: Duratec Limited (ASX: DUR), through its subsidiary WPF Duratec Pty Ltd, has agreed to acquire 100% of Pacific Welding Australia for a maximum of A$12 million. The deal includes a A$6 million upfront payment and an earn-out of up to A$6 million tied to EBITDA targets for FY27 and FY28.
Q: What does Pacific Welding Australia do?
A: PWA is a Newcastle-based welding and fabrication company founded in 2010. It provides project-based welding, mechanical services, and specialist fabrication to clients in Oil and Gas, Energy, and Mining sectors. It is the incumbent main contractor at Orica’s Kooragang Island Facility.
Q: Why did Duratec acquire Pacific Welding Australia?
A: The acquisition strengthens Duratec’s east coast presence, expands WPF’s self-perform capabilities in the Energy, Mining and Industrial sectors, and provides direct access to established client relationships in the Hunter Region of NSW.
Q: When will the acquisition be complete?
A: Completion is expected in or before early July 2026, once conditions precedent are satisfied and ACCC merger control requirements are met.
Q: How is the deal funded?
A: The A$6 million upfront payment will be funded from Duratec’s existing cash reserves and bank facilities. Any earn-out payments will be funded through WPF’s cash reserves.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Past performance is not an indicator of future results. Readers should consult a licensed financial adviser before making any investment decisions.
Source:
… Read More → Read More: Duratec Drops $12M to Lock In NSW Welding Firm with Clients That Could Reshape Its East Coast PlayBHP Just Pocketed US$4.3 Billion – Here’s What It Quietly Gave Away
April 2, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 to Antamina doubling, the mine is expected to contribute roughly 18% of total gold equivalent production by 2030, solidifying its position as Wheaton’s second-largest asset.
What This Means for the Silver Streaming Market
Silver streaming is not new. Wheaton practically built the category. But deals at this scale are rare.
Wheaton is recognised as pioneering the precious metals streaming model, an alternative financing structure in which a miner receives upfront capital in exchange for delivering a fixed portion of future production, often a byproduct metal, at a discounted price.

A simple flowchart showing the silver streaming model
A US$4.3 billion transaction sets a new reference point for the industry. It signals that major diversified miners are increasingly willing to part with byproduct metals to accelerate core strategy, particularly as copper demand builds across the energy transition.
Also Read: Trump Set to Address the Nation on Iran War
Frequently Asked Questions
Q: What is the BHP silver streaming agreement with Wheaton Precious Metals?
A: BHP completed a long-term silver streaming deal with Wheaton Precious Metals on 2 April 2026. BHP received US$4.3 billion upfront and will deliver silver from its share of production at the Antamina mine in Peru in return.
Q: How does the silver streaming deal work?
A: BHP delivers silver credits equivalent to 33.75% of Antamina’s output to Wheaton until 100 million ounces are reached. After that, the delivery rate drops to 22.5% for the life of the mine. Wheaton pays 20% of the spot silver price per ounce on an ongoing basis.
Q: Why did BHP enter a silver streaming agreement?
A: Silver is a byproduct at Antamina. By streaming it, BHP converts future byproduct output into US$4.3 billion in immediate capital without losing any copper or zinc exposure. The proceeds are expected to support copper expansion projects.
Q: What does Wheaton Precious Metals gain from the deal?
A: Wheaton now controls 67.5% of all silver from Antamina, combining this new stream with its existing agreement tied to Glencore’s interest. The deal adds significant silver reserves and is expected to lift Wheaton’s 2026 production by 11.3% on a pro-forma basis.
Q: Does the deal affect Antamina’s other shareholders?
A: No. The Compañía Minera Antamina joint venture is not a party to the streaming agreement. BHP’s rights as a shareholder and obligations within the joint venture remain unchanged.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Readers should conduct their own research and seek independent financial advice before making investment decisions.
Sources:
… Read More → Read More: BHP Just Pocketed US$4.3 Billion – Here’s What It Quietly Gave AwayAuric Mining Names Processing Lead to Drive Burbanks Mill Development
April 2, 2026• Company, Announcements, ASX, Auric Mining Ltd, Australia, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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. [Auric Mining]
The Burbanks facility offers a way around all of that. The 180,000 tonne per annum (tpa) plant came fully equipped with crushing, grinding, and carbon-in-leach (CIL) infrastructure, along with existing access to power and water. It has been idle since 2019, but its fundamentals remain intact.
The Company is now weighing a refurbishment and potential capacity expansion beyond the current nameplate figure. Reports indicate a target of 500,000 tpa has been under consideration, which would represent a significant step up for a company of Auric’s current size.
Key features of the Burbanks facility:
- 180,000 tpa nameplate capacity with potential for expansion
- Full crushing, grinding, and CIL processing machinery
- Existing power and water infrastructure on site
- Four granted mining leases are included in the acquisition
- Located 15km south of Coolgardie in the Eastern Goldfields
From Explorer to Profit-Maker: Auric Mining’s Recent Track Record
The Burbanks’ appointment follows what has been an active period for the Company. Auric reported a net profit of $5.17 million for the 2025 financial year, up 92% from the prior year, with revenue rising 144% to $20.6 million. Free cash flow for the year came in at $6.5 million, while total assets grew 61% to $34.8 million.
That result was built on two producing operations. The Jeffreys Find Gold Mine, a joint venture near Norseman, delivered well in excess of $15 million in net receipts across its production campaigns. The Munda Gold Mine near Widgiemooltha, which Auric operates in full, completed its Starter Pit campaign and began processing ore at nearby toll mills in 2025.

Figure 3: The Jeffreys Find Gold Mine has been a remarkable success for Auric and its joint venture partner, BML Ventures of Kalgoorlie. [Auric Mining]
Munda is central to what comes next. The project holds a total resource of 3.65 million tonnes at 1.23 grams per tonne gold for approximately 145,000 ounces, with the main pit development planned to roll out over 13 quarters from early 2026. Having its own mill would change the economics of that campaign considerably.

Figure 4: Munda Campaign two stockpiles at Lakewood Mill: 26 January 2026. [Auric Mining]
The Spargoville Project, located along strike from the historic Wattle Dam gold mine, adds further exploration upside to the portfolio.
Gold Processing Capacity in WA: The Broader Context
Scott Bailey’s appointment comes at a time when access to processing capacity is an increasing concern for junior gold producers across Western Australia.
As the gold price has remained well above $4,000 per ounce, mine activity across the state has intensified. Toll milling slots at regional facilities are increasingly difficult to secure, and the cost of third-party processing has risen accordingly.
Australia’s gold output is forecast to rise from 293 tonnes in 2024-25 to 369 tonnes in 2026-27, according to the Minerals Council of Australia, with high prices reviving exploration and investment across the sector.
For a company like Auric, which has proven it can mine and sell gold profitably, owning its own processing plant would remove a key dependency from its operating model. It would also allow the Company to offer processing services to nearby operators, creating an additional revenue stream that does not rely on expanding its own mine base.
The appointment of Scott Bailey signals that Auric is moving past the planning stage.
Investor’s Outlook
AWJ was trading at approximately $0.345 as of 1 April 2026, near the top of its 52-week range of $0.145 to $0.405, with a market capitalisation of approximately $63.61 million.

Figure 5: AWJ Price Chart [ASX]
Auric Mining enters the next phase of its development with a producing asset in Munda, cash in the bank from three consecutive profitable years, and now a dedicated executive to drive the Burbanks construction forward.
The Company’s position is built on a clear strategic logic: control the infrastructure, control the cash flow. Scott Bailey’s appointment is the next step in executing that plan.
Upcoming catalysts worth watching include:
- Commencement of Scott Bailey’s employment on 20 April 2026
- Progress updates on Burbank’s construction and development timeline
- Results from Munda’s main pit development campaign
- Potential updates from the Spargoville exploration program
Disclaimer: This article is published for informational purposes only and does not constitute financial advice. Colitco does not hold any position in Auric Mining Limited (ASX: AWJ). Readers should seek independent financial advice before making any investment decisions. Past performance is not indicative of future results.…
Read More → Read More: Auric Mining Names Processing Lead to Drive Burbanks Mill DevelopmentVulcan Energy Appoints Roberto Gallardo as Non-Executive Director After Strategic Investment
April 1, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
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 reflects a broader focus on maintaining strong governance practices.
Lionheart Project Remains Central to Growth Strategy
The Lionheart Project continues to serve as a key growth driver for Vulcan Energy. The project aims to develop lithium production alongside renewable energy solutions in Europe. It plays a critical role in the Company’s long-term expansion plans.
The involvement of HOCHTIEF and Sedgman in project delivery adds technical and operational expertise. Gallardo’s appointment further strengthens alignment between the project’s investors and its execution team. This integration supports efficient project development.
Investment Figures Highlight Scale of Commitment
The financial details of the HOCHTIEF investment highlight the scale of the partnership. The €39 million allocation targets the Lionheart Project entity directly. The €130 million cornerstone subscription strengthens Vulcan’s capital base.
Combined, these figures demonstrate strong institutional support for Vulcan’s strategy. The 15.41% shareholding positions HOCHTIEF as a significant stakeholder. This level of investment often signals confidence in the Company’s long-term prospects.
Market Performance Snapshot of Vulcan Energy (ASX: VUL)
Vulcan Energy Resources Limited (VUL) recorded active trading during the latest session, with price movement reflecting investor response to recent developments.
- Last Price: $3.390
- Today’s Change: +$0.200 (+6.269%)
- Volume: 2,154,293 shares
- Bid / Offer Range: $3.390 – $3.400
- Market Capitalisation: $1.52 billion

Vulcan Energy Resources Limited Share price [ASX]
The figures indicate solid market participation and a positive price movement during the trading day. The tight bid-offer spread suggests stable pricing conditions in the session.
Immediate Effect and Future Board Contributions
Gallardo’s appointment took effect immediately following the announcement. He will participate in board activities, including strategic planning and oversight of major projects. His role includes contributing to discussions on risk, performance, and capital allocation.
Vulcan stated that it expects Gallardo to add value through his industry knowledge and leadership experience. The Company continues to focus on building a board with diverse expertise. This approach supports its objective of delivering large-scale energy and resource projects.
Also Read: Turaco Gold Lifts Afema Resource to 4.65Moz in 2026 Update – Colitco
Future Outlook for Vulcan Energy and Board Strategy
Vulcan Energy is expected to continue advancing the Lionheart Project as a core part of its long-term strategy. The integration of financial investors and engineering partners positions the Company to maintain steady project development. The addition of Roberto Gallardo to the board supports alignment between investment and execution.
The Company may focus on meeting construction milestones, managing costs, and maintaining regulatory compliance as the project progresses. Strong board oversight will remain essential as Vulcan navigates evolving market conditions and operational risks.
Gallardo’s presence on the board is likely to support strategic decision-making in the coming phases of development. His experience in global infrastructure projects may assist in addressing challenges related to scale and delivery. The Company continues to emphasize governance, capital discipline, and execution as it moves forward.
FAQS
Q1. Who is Roberto Gallardo?
A1. Roberto Gallardo is a senior executive at HOCHTIEF and CIMIC Group with over 30 years of global experience in infrastructure investment, construction, and corporate governance.
Q2. Why was he appointed to Vulcan Energy’s board?
A2. He was appointed following HOCHTIEF’s strategic investment in Vulcan Energy, which granted board nomination rights through its 15.41% equity stake.
Q3. How much did HOCHTIEF invest in Vulcan Energy?
A3. HOCHTIEF invested a total of €169 million, including €39 million directed to the Lionheart Project entity and €130 million through a cornerstone share subscription.
Q4. What is the Lionheart Project?
A4. The Lionheart Project is Vulcan Energy’s flagship initiative focused on producing lithium and renewable energy in Europe using geothermal-based technology.
Q5. What does this appointment mean for Vulcan Energy’s strategy?
A5. It strengthens governance and aligns strategic investors with project execution, supporting Vulcan Energy’s long-term development and delivery of the Lionheart Project.
Disclaimer
This article is for informational and editorial purposes only and is based on publicly available ASX announcements and corporate disclosures from Vulcan Energy Resources Limited as of 1 April 2026. It does not constitute financial, investment, or trading advice. Readers should conduct their own independent research or consult a licensed financial adviser before making any investment decisions. While all efforts have been made to ensure accuracy at the time of publication, Colitco does not guarantee the completeness, reliability, or timeliness of the information provided. Market data is subject to change without notice.
Sources
https://www.asx.com.au/markets/company/VUL
Read More → Read More: Vulcan Energy Appoints Roberto Gallardo as Non-Executive Director After Strategic InvestmentSt George Mining Forges Groundbreaking Alliance with Boston Metal to Revolutionize Niobium Processing at Araxá
April 1, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, ST George Mining, Top Stories, Top Story, Trending News, United Kingdom, USA
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 40 years, a proven, low-cost technical model that provides a reliable baseline comparison.
Executive Chairman John Prineas captured the significance of the moment:
“The MOE technology offers the opportunity for St George to develop a new generation of niobium processing at Araxá. This could deliver cleaner and lower-cost production for our stakeholders and us. Boston Metal is an industry leader in innovation for metals processing, and we are delighted to have been selected to trial this opportunity to revolutionize niobium production.”
– John Prineas, Executive Chairman, SGQ
Boston Metal CEO Tadeu Carneiro matched that enthusiasm:
“We welcome the opportunity to deploy our MOE technology to help bring value to St George and advance clean and responsible metals production at the Araxá Project. As an emerging global player in the niobium sector, our MOE technology has the potential to enable St George to deliver a sustainable and profitable pathway to production.”
-Tadeu Carneiro, Boston Metal CEO
About the Araxá Project: A World-Class Asset
The Araxá Project, which St George acquired in February 2025, sits adjacent to CBMM’s world-leading niobium mining operations in Minas Gerais, Brazil. The region boasts a long history of commercial niobium production, excellent infrastructure, and a skilled local workforce.

Figure 4: Map of Minas Gerais state in Brazil, highlighting the Araxá region [Google Map]
In March 2026, the Company announced a major upgrade to the Mineral Resource Estimate (MRE). The total Nb₂O₅ inventory now stands at 95.47 million tonnes, comprising 70.91 Mt reported under a 2% TREO cut-off and an additional 24.56 Mt under a 0.2% Nb₂O₅ cut-off, making it one of the largest resources of its type in the Western world.
St George has also secured strong government backing, including selection in Brazil’s Federal Government MagBras Initiative and a cooperation agreement with the State of Minas Gerais to expedite permitting approvals. The Company continues an aggressive drill campaign to further expand the MRE, alongside pre-development technical and financial studies.
Investors’ Outlook

St George Mining’s share price performance tells a compelling story on its own. The stock has delivered extraordinary returns of over 600% in the past year alone, reflecting growing investor confidence in both the Araxá Project’s scale and the Company’s strategic execution.
Today’s announcement of the Boston Metal alliance adds another significant catalyst, combining a world-class resource with world-class processing technology. With strong government support in Brazil, a rapidly expanding MRE, and a dual-track processing strategy underway, St George appears increasingly well-positioned to transition from explorer to producer in one of the most strategically vital metals sectors of the decade.
Disclaimer: This editorial is for informational purposes only and does not constitute financial or investment advice. Readers should seek independent professional advice before making any investment decisions.…
Read More → Read More: St George Mining Forges Groundbreaking Alliance with Boston Metal to Revolutionize Niobium Processing at AraxáTuraco Gold Lifts Afema Resource to 4.65Moz in Major 2026 Upgrade
March 31, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 consistency in how it handles foreign developers, and the results have been visible in the volume of exploration activity across the country. For Turaco, that regulatory backdrop matters as it moves into study phases.
A Pivotal Pre-Feasibility Year Ahead
The Pre-Feasibility Study is expected in Q2 2026. It will set out development scenarios, processing options, production profiles and early capital estimates. Given the shallow geometry and metallurgical results, a conventional open-pit and CIL flowsheet is the most likely starting point.
Turaco has narrowed its focus ahead of the study, selling the Eburnea Project to Santa Fe Minerals in early 2026 and wrapping up deferred payments from past acquisitions. The company is going into the PFS learner and is more concentrated on Afema than at any point previously.
A positive PFS could open the door to a Definitive Feasibility Study before year’s end, a timeline that would be short even by the standards of well-funded developers, let alone a junior explorer.
Risks Being Watched Closely
- Cost pressures on labour, fuel and equipment have complicated feasibility work across the industry. Afema is not exempt.
- The gold price assumption built into the resource model is not conservative. A sustained price correction would hit the economy directly.
- Côte d’Ivoire’s regulatory environment is broadly stable, but administrative delays and community engagement requirements are standard friction for any developer in the region.
- The drilling pace has been fast. Maintaining technical rigour while sustaining that tempo is not a given.
Also Read: Auric Mining $5.2M Profit, Becomes Gold Producer
Turaco Gold — Latest Trading Snapshot
- Last Price: $0.620
- Today’s Change: +$0.020 (3.333%)
- Volume: 3,606,252
- Bid / Offer Range: $0.615 – $0.620
- Market Capitalisation: $631.66M

Turaco Gold Share price [ASX]
A Stronger Foundation for What Comes Next
The March 2026 MRE puts Afema clearly in the multi-million-ounce bracket, with geological evidence pointing to further growth both along the shear and on surrounding targets.
For shareholders, Turaco is heading into a critical stretch, a bigger resource, better metallurgy, cash in the bank and a jurisdiction that is not working against them. The PFS will determine whether the exploration story becomes a development one.
FAQS
- Q: What is the latest Mineral Resource Estimate for the Afema Project?
A: As of March 2026, the Afema Project hosts 115.3 million tonnes at 1.3g/t for a total of 4.65 million ounces of gold.
- Q: How much has the Afema resource grown since the maiden estimate?
A: The resource has increased by more than 2 million ounces since the first estimate in August 2024, with over 590,000 ounces added in the latest update.
- Q: Which deposits contributed to the latest resource increase?
A: The March 2026 upgrade incorporated new drilling results from Woulo Woulo, Adiopan, Asupiri, Toilesso, Anuiri, Begnopan, Herman, and Jonction.
- Q: Where is the Afema Project located?
A: Afema is located in south-eastern Côte d’Ivoire, approximately 120 km east of Abidjan, near the Ghanaian border.
- Q: What drilling methods were used to expand the resource?
A: Turaco used RC (reverse circulation) and diamond drilling, supported by soil geochemistry, auger drilling, and geophysical surveys such as GAIP.
- Q: When is the Pre-Feasibility Study expected?
A: The Afema Pre-Feasibility Study is expected to be completed in Q2 2026.
- Q: What is Turaco Gold’s current share price and market cap?
A: Turaco Gold last traded at $0.620, up 3.33%, with a market capitalisation of approximately $631.66 million.
- Q: What are the main risks for the Afema Project?
A: Risks include gold price volatility, cost inflation, seasonal weather impacts, permitting delays, and regional infrastructure constraints.
Disclaimer
This article is for informational purposes only and does not constitute financial, investment, or trading advice. Turaco Gold Limited (ASX: TCG) and Côte d’Ivoire mining authorities are mentioned solely for reporting on publicly available information regarding the Afema Project. All views expressed are those of Colitco and its authors. Readers should conduct their own due diligence or consult a qualified financial advisor before making any investment decisions.
Sources
https://www.asx.com.au/markets/company/TCG
Read More → Read More: Turaco Gold Lifts Afema Resource to 4.65Moz in Major 2026 UpgradeSt George Mining Forges Strategic European Alliance to Unlock World-Class Araxá Rare Earths
March 31, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, ST George Mining, Top Stories, Top Story, Trending News, United Kingdom, USA
St George Mining Limited (ASX: SGQ) has taken a significant step in building its global rare earths supply strategy, signing a Memorandum of Understanding (MOU) with Técnicas Reunidas S.A., a Spain-based global engineering powerhouse with proprietary rare earths processing technology.
The agreement positions the Company to potentially access the vast European market for rare earths from its 100%-owned Araxá Niobium-REE Project, located in the Brazilian State of Minas Gerais.
The MOU creates a framework for Técnicas Reunidas to conduct processing test work on rare earth samples from the Araxá Project using the Company’s proprietary RARETECH® technology — a system already deployed or tendered...
Auric Mining Achieves Record $5.2 Million Profit after Tax Amid Landmark Transition to Gold Producer
March 31, 2026• Company, Announcements, ASX, Australia, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Auric Mining Limited (ASX: AWJ) has concluded a transformative year, reporting a net profit after tax of $5.17 million for the financial year ending 31 December 2025 – representing a 92% increase from the $2.69 million achieved in the previous year. This result marks the Company’s third consecutive year of profitability and underscores a strategic evolution from joint-venture participant to a fully independent standalone gold producer.
A Year of Milestones: Revenue Soars 144%
The Company’s headline numbers tell a compelling story of rapid scaling. Total revenue surged 144% to $20.62 million, up from $8.45 million in 2024, powered by a strong...
ASX Aluminium Stocks Surge as Iranian Attacks Hit Middle East Smelters
March 30, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
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 Queensland Operations Gain Fresh Relevance
The broader context for Rio Tinto’s move is notable. Just last week, Rio Tinto secured a A$2 billion government commitment to keep Queensland’s Boyne smelter operating until at least 2040. That announcement, which came amid ongoing concerns about the viability of Australian aluminium smelting without government support, now looks strategically well-timed given the disruption unfolding in the Gulf.
Australian aluminium producers had been under structural pressure in recent years, struggling to remain competitive without direct support. The Middle East conflict aluminium disruption has, at least in the near term, changed the supply and pricing dynamics that had made that pressure so acute.
Industry Outlook
The Australian aluminium production market is projected to reach US$6,376.6 million in revenue by 2030, up from US$4,591.6 million in 2022, representing a compound annual growth rate of 4.2% from 2023 to 2030.

Figure 3: Australia aluminium production market growth outlook from 2018 to 2030 [Courtesy: Grand View Research]
That baseline growth trajectory now looks conservative in the context of the Middle East conflict aluminium disruption, which has removed a meaningful share of global smelting capacity from accessible supply chains in the near term.
For investors assessing the ASX aluminium stock forecast, the combination of a structurally growing domestic market and an acute global supply shock creates a rare alignment of long-term and short-term catalysts. The best aluminium stocks 2026 are those with production capacity outside the Gulf region and the operational flexibility to respond to higher aluminium prices.
Future Direction and Impact on ASX Aluminium Investors
The immediate share price moves on 30 Mar 2026 reflect a market that is pricing in a meaningful and potentially prolonged disruption to Gulf aluminium supply.
If damage assessments at Aluminium Bahrain and Emirates Global Aluminium confirm significant production losses, and if Strait of Hormuz transit restrictions persist, the upward pressure on global aluminium prices is likely to continue.
That backdrop would sustain and potentially extend the gains seen today across the best aluminium stocks 2026 on the ASX. For investors tracking the ASX aluminium stock forecast, several key variables are in focus. These include the pace of damage repairs at Gulf facilities and the timeline for any Strait of Hormuz reopening.
Another critical factor is whether the Australian government’s support framework for domestic smelters, including the Boyne facility, enables local producers to capture a larger share of global demand during the disruption.
The Middle East conflict aluminium story has moved from a background risk to a front-and-centre market driver, and Australian producers are now central to how global markets will attempt to bridge the supply gap.
ALSO READ: Carbonxt Group Steers 15.7% Revenue Growth and Kentucky Breakthrough as PFAS Demand Surges
Frequently Asked Questions
Q1. Why are ASX aluminium stocks rising on 30 Mar 2026?
Ans. Iranian attacks over the weekend struck major Gulf aluminium smelters creating fears of a significant global supply shortfall that has driven investors into ASX-listed producers.
Q2. Which are the best aluminium stocks 2026 to watch on the ASX?
Ans. Alcoa Corporation (ASX: AAI), South32 Ltd (ASX: S32), and Rio Tinto Ltd (ASX: RIO) are the three primary ASX aluminium stocks.
Q3. What is the ASX aluminium stock forecast given the Middle East conflict?
Ans. The near-term ASX aluminium stock forecast is bullish for producers outside the Gulf region, given the combination of physical damage to smelters and ongoing Strait of Hormuz transit restrictions limiting supply to world markets.
Q4. How much capacity has Aluminium Bahrain lost?
Ans. Lines 1, 2, and 3 at Aluminium Bahrain’s site were already shut down prior to the attacks, representing 19% of the Company’s total annual production capacity of 1,623,000 metric tonnes per annum.
Q5. What is the Middle East conflict aluminium impact on Australian producers?
Ans. Australian aluminium producers are benefiting from a supply shock that has removed Gulf capacity from accessible world markets.
Disclaimer
This article is intended for informational purposes only and does not constitute financial or investment advice. All content is based on reporting published online on 30 Mar 2026 and supplementary market data from publicly available sources. Share price data reflects figures reported at the time of the source publication. Investing in securities involves risk. Readers should conduct their own research and seek independent financial advice before making any investment decisions. Colitco does not hold any position in the companies or organisations mentioned.
Sources
https://www.fool.com.au/2026/03/30/why-are-australian-aluminium-shares-charging-higher-today/
https://www.grandviewresearch.com/horizon/outlook/aluminum-production-market/australia…
Read More → Read More: ASX Aluminium Stocks Surge as Iranian Attacks Hit Middle East SmeltersIGO Copper Wolf Ownership Consolidation Update
March 30, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, USA
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 storage, and broader energy transition technologies.
By taking full control of the Copper Wolf Project, IGO removes a layer of joint venture complexity and positions itself to move more decisively once drilling results are available in 1H27. The IGO Copper Wolf corporate announcement signals a Company willing to back its own geological convictions with capital, even at the early exploration stage.
IGO Share Price
IGO Limited (ASX: IGO) is currently trading at A$8.15 per share, with a market capitalisation of A$6.149 billion. The 52-week range stands at A$3.09 to A$9.50 per share.

Figure 4: IGO Limited share price performance over the past year [Courtesy: ASX]
Industry Outlook
The global porphyry copper belt in Arizona sits within a jurisdiction widely regarded as one of the most mining-friendly in the United States, and investor interest in copper exploration assets in the region has grown steadily alongside rising demand for the metal.
Copper’s structural role in electrification, data centre construction, and energy transition infrastructure has kept long-term price forecasts elevated, making early-stage consolidation of exploration tenure an increasingly common strategy among ASX-listed battery minerals companies.
For IGO, the Copper Wolf Metals consolidation explained in this announcement positions the Company ahead of what could be a significant re-rating catalyst if 1H27 drilling returns material results.
Future Direction and Impact on IGO Investors
The completion of the Copper Wolf Metals consolidation, subject to Buxton shareholder approval, will give IGO unencumbered control over a Project area with confirmed porphyry-style mineralisation in a globally significant copper belt.
The IGO ownership update details a planned drilling programme for 1H27 that will be the next material catalyst for the Project. If those results confirm and extend the mineralisation returned at Bobcat in 2023, the Project’s strategic value within IGO’s portfolio could increase meaningfully.
ALSO READ:Surefire Resources Discovers New High-Grade Gold Zone at Yidby’s “Loot” Prospect
Frequently Asked Questions
Q1. What is the Copper Wolf Metals consolidation explained simply?
Ans. IGO Limited has agreed to acquire the remaining 49% joint venture interest in the Copper Wolf Project in Arizona from Buxton Resources for approximately A$6.15 million, taking the Company to 100% ownership of the Project.
Q2. What do the IGO ownership update details include?
Ans. IGO will hold 100% of the central Copper Wolf area, approximately 12.5 square kilometres, including the Bobcat and Rattler targets.
Q3. What is the significance of the IGO Copper Wolf corporate announcement?
Ans. The announcement confirms IGO is consolidating full ownership of a porphyry copper project in one of the world’s most prolific copper belts.
Q4. When will the Copper Wolf acquisition be completed?
Ans. Completion is subject to Buxton Resources shareholder approval. No specific completion date was provided in the ASX announcement dated 30 Mar 2026.
Q5. What drilling results has Copper Wolf returned previously?
Ans. Drilling at the Bobcat target in 2023 returned 405 metres at 0.35% copper and 0.05% molybdenum, confirming porphyry-style mineralisation across the Project area.
Disclaimer
This article is intended for informational purposes only and does not constitute financial or investment advice. All content is based on the ASX announcement as on 30 Mar 2026. Share price and market capitalisation data reflect figures provided at the time of publication. Investing in securities involves risk. Readers should conduct their own research and seek independent financial advice before making any investment decisions. Colitco does not hold any position in the companies or organisations mentioned.
Sources
https://www.asx.com.au/markets/company/IGO…
Read More → Read More: IGO Copper Wolf Ownership Consolidation UpdateFortuna Metals Unlocks High-Grade Rutile in Malawi Amid Global Titanium Supply Crunch
March 30, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
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 to the Nacala Deep Water Port. This corridor has benefited from a $7 billion investment from the Japanese Government.
- The rail line has a capacity of 22 million tonnes per annum.
- The project location allows a 2.5-hour flight from Johannesburg to Lilongwe.
- Malawi enacted a modernised investment framework in 2024.
- The jurisdiction carries zero exposure to US sanctions.
Project Timeline and Milestones
Fortuna Metals acquired the project in September 2025 and established Malawian operations by late 2025. Key exploration results were formalised in March 2026.
The company aims to release an exploration target in April 2026, coinciding with global supply curtailments in Kenya and Australia.
Also Read: Culpeo Minerals Strengthens Its Position at Lana Corina with Improved Earn-In Terms
With bullish forecasts from Citi and Elon Musk regarding AI-robots, the long-term demand for titanium appears robust through 2040.
- Morgan Stanley projects 63 million units in the US by 2050.
- The company targets an inferred resource for the 2026 calendar year.
- Indicated resource estimates will follow in 2027.
- Feasibility studies will conclude in 2027.
How It Will Play Out
Fortuna Metals utilises a “hub and spoke” production model. Surface pits will supply a central processing hub, with 2026 drilling testing depths up to 25 metres.
This depth facilitates efficient free-dig mining. The company is currently conducting systematic drilling on a 400-metre grid and performing bulk sample testwork.
The workflow includes the establishment of an in-country laboratory. Environmental studies will begin in the fourth quarter of 2026. The company targets the completion of an inferred resource in early 2027.
- Natural rutile requires no upstream upgrading for the chloride process.
- The product supports carbon emission reductions of 97% compared to synthetic rutile.
- Production costs stay low due to mineralisation at surface.
- Rutile serves as the feedstock for aerospace-grade Ti-6Al-4V.
- Robotic joints use titanium for servo motors.
- Harmonic drive flexisplines align servos using titanium components.
- Actuator shafts drive servos in humanoid units.
- Sensors measure force through titanium fasteners and springs.
Sources
… Read More → Read More: Fortuna Metals Unlocks High-Grade Rutile in Malawi Amid Global Titanium Supply CrunchUS Stock Market Slides Amid Worries of Extended Middle East Conflict
March 28, 2026• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
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 bases face the sharpest earnings headwinds.
From Wall Street to the Strait of Hormuz: A Crisis with Global Reach
Geographic or Platform Context
The financial fallout originated on Wall Street, with the New York Stock Exchange and Nasdaq witnessing heavy selling throughout the Thursday session. The underlying geopolitical flashpoint is centred on the Persian Gulf region, specifically the Strait of Hormuz, through which approximately 20% of global oil supply transits. Iran borders the Strait on its northern shore, giving it significant leverage over global energy flows.

The Strait of Hormuz remains a critical global chokepoint, handling nearly 20% of the world’s oil supply. [Roland Berger]
Regional or Global Implications
While the immediate military tension is concentrated in the Middle East, the economic consequences are global. Europe faces acute energy vulnerability given its dependence on seaborne LNG imports.
Asian manufacturing economies reliant on Gulf crude, notably Japan, South Korea, and China, are also exposed. In the United States, higher pump prices risk reigniting consumer inflation, complicating the Federal Reserve’s policy path.
From Record Highs to Correction: How Fast the Mood Has Shifted
Timeline of Key Dates
- Late October 2025 — Nasdaq hits record closing high; markets pricing in two Fed rate cuts for 2026.
- January 2026 — S&P 500 reaches its record close; geopolitical tensions begin to simmer.
- Late February 2026 — Money markets still pricing in two rate cuts; Iran nuclear talks stall.
- March 27, 2026 — Pentagon military options report breaks; stocks plunge, oil surges above $100/bbl.
- Next catalyst — Any direct military engagement or Strait of Hormuz closure would trigger a further leg lower in equities and higher in crude.
Historical Context
The current episode shares hallmarks with previous Middle East-driven energy shocks, where an initial spike in oil prices fed through to broader equity weakness before stabilising once the geopolitical picture clarified. If the current standoff escalates into sustained military action, history suggests the drawdown could deepen materially before markets find a floor.

Rising oil prices raise inflation concerns, complicating central bank policy decisions in 2026. [fxtrustscore]
How a Single News Report Triggered the Market’s Worst Session in Months
Mechanism & Process
The selloff was triggered by a classic geopolitical risk transmission mechanism: a credible military threat raises the probability of energy supply disruption, oil prices spike, inflation expectations rise, real growth forecasts fall, and equity risk premia widen. Thursday’s catalyst was the Axios report on Pentagon planning, which shifted market perception from a low-probability tail risk to a plausible near-term scenario. Algorithmic selling amplified the move, particularly in high-beta technology names sensitive to rising discount rates.
What Happens Next: Two Scenarios Every Investor Needs to Consider
Forward-Looking Analysis
The near-term trajectory for markets hinges on two variables: whether diplomatic back-channels can de-escalate the US-Iran standoff, and whether the Federal Reserve signals it will look through the oil-driven inflation spike. If talks resume and crude stabilises below $100, equities could recover swiftly, as they did after several geopolitical scares in 2022–2024. However, if Brent remains above $110 into Q2 2026, corporate earnings guidance will be revised lower, sustaining the pressure on risk assets.
Risks & Counterarguments
The bull case rests on Iran’s history of calculated restraint; it has consistently avoided triggering a full-scale US military response, preferring proxy engagements. Some strategists argue the Pentagon report was deliberately leaked to strengthen Washington’s negotiating position rather than signal imminent action. If that reading is correct, the current oil spike and equity dip could prove transient.
Also Read: CLINUVEL Launches AI Vitiligo Tool at AAD 2026 Denver – Colitco
Bottom Line: Geopolitical Risk Is Back at the Centre of Every Portfolio Decision
Thursday’s selloff is a reminder that geopolitical risk can rapidly reprice markets that had largely dismissed tail scenarios. With the S&P 500 in a technical correction and the Fed’s rate-cut path now in doubt, investors face a more complex macro backdrop than at any point since 2022.
The key watch for markets is whether the US-Iran standoff escalates from rhetoric to action, and whether oil can hold below the psychologically critical $100 threshold.
FAQS
Q1. Why did US stocks fall recently?
A1. US stocks fell due to rising fears of a prolonged Middle East conflict, which increased uncertainty in global markets and triggered a broad risk-off selloff among investors.
Q2. How did oil prices react to the situation?
A2. Oil prices surged above $100 per barrel as traders priced in potential supply disruptions from the Middle East, especially through the Strait of Hormuz.
Q3. Which sectors were most affected in the selloff?
A3. Technology and communication services stocks led the declines, while most S&P 500 sectors ended the session in the red.
Q4. Why is the Strait of Hormuz important?
A4. The Strait of Hormuz is a key global oil shipping route, handling a significant share of the world’s crude supply, making it highly sensitive to geopolitical tensions.
Q5. What could happen to the stock market next?
A5. Markets may remain volatile depending on whether tensions ease or escalate further, with oil prices and inflation expectations acting as key drivers.
Q6. Are any sectors benefiting from the crisis?
A6. Yes, energy stocks have gained as higher oil prices boost revenues for major oil producers.
Disclaimer:
This article is for informational and editorial purposes only. It is published by Colitco and is based on publicly available market data and news reports at the time of writing. It does not constitute financial, investment, or trading advice. Readers should conduct their own research or consult a licensed financial advisor before making any investment decisions. Colitco and the author accept no liability for any losses arising from the use of this information.
Sources
https://english.news.cn/northamerica/20260327/a20e00b3e2b741bda32eb6cc3eeb3d9b/c.html
https://stockpil.com/stocks-drop-iran-war-chipmaker-weakness
Disclaimer
… Read More → Read More: US Stock Market Slides Amid Worries of Extended Middle East ConflictCarbonxt Group Steers 15.7% Revenue Growth and Kentucky Breakthrough as PFAS Demand Surges
March 26, 2026• Home Top Stories, Announcements, ASX, Australia, Carbonxt, Company, Daily News, Featured Business News, Homepage, Investment News, Latest Daily News, Latest News, Mining Information, News, Top Stories, Top Story
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 per annum for a modest incremental investment. Management forecasts that a fully running Kentucky facility would increase group sales by approximately 200% and provide the Company’s first meaningful entry into the liquid-phase activated carbon market — a segment three times the size of the air-phase market Carbonxt currently serves.

Figure 4: Carbonxt’s Kentucky activated carbon facility [Source: Carbonxt Group Limited]
Early product samples have already demonstrated 99% PFOA removal efficiency and 92% geosmin removal — results that position the Company competitively against established GAC suppliers in North American water treatment markets.
Following a A$500,000 convertible note issuance to major shareholder Phelbe Pty Ltd, the Company lifted its ownership in New Carbon Processing, LLC to 47.4%, with a stated target of reaching 50%. The consistency with which Phelbe has backed the Company — through multiple placements, expanded note facilities, and convertible notes — represents a meaningful signal of alignment from the major shareholder.
Why PFAS Regulation Is Reshaping the Market
PFAS — per- and polyfluoroalkyl substances, commonly called “forever chemicals” — have emerged as one of the most pressing environmental issues of the decade. These synthetic compounds do not break down naturally in the environment or in the human body, and their presence in drinking water sources has been linked to serious health risks, including certain cancers and immune system disorders.

Figure 5: PFAS or per- and polyfluoroalkyl substances [Source: Carbonxt Group]
In 2024, the U.S. Environmental Protection Agency finalised its National Primary Drinking Water Regulations for PFAS — the first time legally enforceable limits have been set on six PFAS compounds in public water supplies. The rule is expected to require thousands of water utilities across the United States to install treatment infrastructure, generating a wave of long-term activated carbon supply contracts.
The scale of this market opportunity is significant:
- Market Size: The global activated carbon market is estimated at USD 4.16 billion in 2026, forecast to reach USD 5.47 billion by 2031 at a CAGR of 5.62%
- PFAS Filtration: The global PFAS filtration market is projected to grow from USD 2.28 billion in 2025 to USD 3.22 billion by 2030 at a CAGR of 7.18%
- Market Position: Activated carbon remains the leading technology for PFAS remediation, owing to its adsorption capacity, scalability, and proven operational track record
- Regulatory Deadline: TSCA PFAS Reporting Rule obligations are expected to run from April through October 2026, intensifying compliance activity across the industry
Carbonxt’s Kentucky facility produces Granular Activated Carbon (GAC), the product of choice for liquid-phase water treatment, including PFAS removal. Murphy has acknowledged this regulatory momentum directly, noting that tightening EPA PFAS standards continue to support demand across the Company’s core markets.
Three Facilities, One Strategic Direction
Carbonxt operates three U.S.-based production facilities, each serving a distinct but complementary market:
- Black Birch, Georgia — Powdered Activated Carbon (PAC) production, serving air-phase industrial applications and the long-term ReWorld Waste supply agreement (a four-year, AUD 24 million contract)
- Arden Hills, Minnesota — Activated Carbon Pellet (ACP) manufacturing, serving the Wisconsin Public Service contract and other industrial clients (a seven-year agreement)
- Inez, Kentucky — Granular Activated Carbon (GAC), targeting liquid-phase water treatment and PFAS removal — the Company’s growth engine

Figure 6: Map of the United States highlighting the three Carbonxt production facility locations [Source: Carbonxt Group]
The Kentucky facility is the growth engine. The Georgia and Minnesota operations provide a stable, contracted revenue foundation as commissioning in Kentucky progresses. Together, the three facilities give the Company diverse exposure across both air-phase and liquid-phase activated carbon markets.
Capital Management and the Balance Sheet
The Company closed the half with cash and cash equivalents of $1.27 million as at 31 December 2025. The debt facility with Pure Asset Management sits at $15.0 million drawn at a 9.5% interest rate, with a maturity date of 31 May 2027.
To shore up its capital position, the Company executed a series of corporate actions during the half:
- Raised $587,769 via an underwritten non-renounceable entitlement offer issuing 58.8 million Loyalty Options
- Issued 11.0 million Loyalty Options to directors in lieu of $110,000 in fees
- Raised $600,000 via a placement to major shareholder Phelbe Pty Ltd at $0.075 per share
- Issued 400,000 convertible notes at $1.00 each, convertible into shares at $0.08 per share
- Secured a further A$500,000 via a convertible note issuance, directing part of the proceeds toward increasing its Kentucky joint venture stake to 47.4%
Investors’ Outlook
Carbonxt Group Limited (ASX: CG1) has delivered a 42.86% share price gain over the past 12 months, outperforming its sector by 10.85% and the ASX 200 by 35.41% — a result that reflects improving operational momentum and growing market interest in cleantech companies exposed to regulatory-driven demand.

Figure 7: Carbonxt share price performance in the last 12 months [Source: Colitco]

The investment case for Carbonxt rests on two key pillars. First, the commissioning of the Kentucky facility promises a potential 200% uplift in group sales capacity, marking the Company’s strategic entry into the high-growth liquid-phase activated carbon segment. Second, the anticipated recovery of deferred ACP volumes in Q3 FY26 provides near-term revenue momentum, strengthening the outlook for H2 results.
With a lender waiver secured until September 2026, the Company has a clear runway to translate operational milestones into financial performance. Warren Murphy’s methodical, margin-focused leadership continues to anchor a business positioned for a transformative step-change in scale.
As PFAS regulations tighten across North America, the demand for GAC—the primary output of the Kentucky plant—is intensifying. For investors, Carbonxt represents a compelling opportunity at the forefront of this environmental transition, with its growth story gaining significant traction.
Disclaimer: This editorial is for informational purposes only and does not constitute financial product advice. Readers should seek independent financial advice before making any investment decisions.…
Read More → Read More: Carbonxt Group Steers 15.7% Revenue Growth and Kentucky Breakthrough as PFAS Demand SurgesNickel Industries Boosts 2026 Ore Output to 14.3M Tonnes
March 25, 2026• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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.
Despite strong fundamentals, risks include fluctuating nickel prices, regulatory changes in Indonesia, and execution challenges during ENC commissioning. Market-linked pricing in the supply agreement may also expose revenues to volatility.
Also Read: Aussie Broadband Director Phillip Britt Resigns from Board – Colitco
A Defining Moment for Nickel Industries
Nickel Industries’ increased production license and long-term supply deal mark a significant step in securing its role in the global nickel market. As EV demand accelerates, the company is positioning itself for sustained growth through integrated operations and stable supply chains.
FAQs
Q1. What is the new RKAB quota for 2026?
A1. The quota has been increased to 14.3 million wet metric tonnes.
Q2. What is the Hengjaya Mine supply agreement?
A2. A 15-year deal to supply at least 9.2 million wmt of limonite ore annually.
Q3. What is the ENC project?
A3. A nickel processing facility producing battery-grade materials.
Q4. Why is this important?
A4. It ensures a stable nickel supply for EV battery production.
Q5. Will production increase further?
A5. The company plans to apply for additional quota increases later in 2026.
Disclaimer
The information in this article is for informational purposes only and does not constitute financial, investment, or professional advice. It is based on publicly available data and official announcements from Nickel Industries Limited and may be subject to change. Any references to Nickel Industries Limited (ASX: NIC) stock performance are provided for context only and do not represent a recommendation to buy, sell, or hold any securities. Readers are advised to conduct their own independent research and consult a qualified financial advisor before making any decisions. Colitco and the author accept no liability for any losses or damages arising from reliance on this information.
Sources
https://www.asx.com.au/markets/company/NIC
Disclaimer
… Read More → Read More: Nickel Industries Boosts 2026 Ore Output to 14.3M TonnesRio Tinto Smelter That Could Have Closed Just Got a $2 Billion Lifeline
March 25, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
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 from two sources. Queensland is contributing its share as part of a pre-existing state-level partnership with Rio Tinto. The Commonwealth’s contribution is channelled through the Future Made in Australia initiative, which targets domestic manufacturing and energy-intensive industries facing the green transition.
Renewable energy developer Lightsource bp is also a key partner, with Rio Tinto’s new offtake agreement for the Lower Wonga project adding another layer to the company’s Queensland clean energy portfolio.
Gladstone’s Boyne Smelter: A Queensland Industrial Institution Since 1982
Boyne Smelters Limited has been operating since 1982 and is Australia’s second-largest aluminium smelter. Located at Boyne Island in central Queensland, the smelter’s activities include manufacturing carbon anodes, aluminium production in reduction lines, and casting of molten metal into aluminium products ready to ship.
The smelter sits adjacent to Queensland Alumina Limited’s refinery, connected by a direct conveyor belt for alumina supply. Raw materials travel from Rio Tinto’s Weipa bauxite operations in Cape York Peninsula, making Gladstone the downstream hub of a vertically integrated chain.
The city’s economic reliance on the smelter is hard to overstate. It is one of the largest single employers in the region and has been for over four decades.
Timeline of the Boyne Smelters Power Transition
The Boyne deal fits inside a broader multi-year sequence of renewable energy commitments Rio Tinto has made for its Queensland operations:
- January 2024 onwards: Rio Tinto begins contracting large-scale renewable capacity for Gladstone operations
- 2024: Signs offtake for European Energy’s 1.1 GW Upper Calliope solar project
- 2024: Signs Australia’s largest single renewable deal for the 1.1 GW Bungaban wind project
- 2025: Adds Edify Energy’s Smoky Creek and Guthrie’s Gap solar and battery project, 540 MW / 2,160 MWh
- March 2026: Announces $2 billion government partnership and adds Lightsource bp Lower Wonga offtake
- 2029: Current Boyne power contract expires; new renewable-backed arrangements take effect
- 2040: Target end date for the government funding commitment
How Rio Tinto Plans to Keep Boyne Smelters Running Beyond 2029
The funding model addresses a specific problem. Renewable energy, while increasingly cheap to build, costs more to procure in the early years of a transition than the coal-fired power Boyne has historically relied on. The government contribution bridges that gap.
Rio Tinto’s own capital commitment is substantial. Its Queensland renewable portfolio now spans five projects and more than 2.8 GW of generation capacity, with over 600 MW of associated battery storage. That infrastructure does not just power Boyne. It feeds into the state grid and supports broader Queensland decarbonisation goals.

Rio Tinto has contracted more than 2.8 GW of renewable capacity in Queensland across five projects since 2024. [Rio Tinto]
This is also not an isolated precedent. Australian governments have recently moved to support Glencore’s copper smelter, the Whyalla steelworks, and Nyrstar’s lead and zinc smelters in Tasmania and South Australia through similar gap-funding approaches. The pattern signals a deliberate national policy to retain energy-intensive manufacturing onshore through the transition rather than allow it to shift to cheaper-energy jurisdictions overseas.
For a broader look at Rio Tinto’s Queensland strategy, see our earlier coverage of Rio Tinto’s Yarwun production cut and the company’s 2025 restructure and capital allocation shift.
Also Read: Santos Shuts Down Barossa LNG Just as the World Runs Out of Gas
FAQs
Q: What is the Boyne Aluminium Smelter?
A: Boyne Smelters Limited (BSL) is Australia’s second-largest aluminium smelter, located at Boyne Island near Gladstone in central Queensland. It has been producing aluminium since 1982 and is majority-owned by Rio Tinto.
Q: How much is the government investing in Boyne Smelters?
A: The Queensland and Commonwealth Governments are each contributing $1 billion, totalling $2 billion in public funding over 10 years to 2040.
Q: What does Rio Tinto contribute to the deal?
A: Rio Tinto is underwriting approximately $7.5 billion in new renewable energy and storage projects in Queensland, including solar, wind, and battery infrastructure.
Q: How many jobs does the Boyne Smelter support?
A: The smelter employs around 1,000 workers directly and supports approximately 2,000 additional jobs across the Gladstone region.
Q: When does Boyne’s current power contract expire?
A: The smelter’s existing power contract expires in 2029. The new deal ensures the facility continues operating through to at least 2040.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Always seek independent financial advice before making investment decisions.
Source:
- https://www.riotinto.com/en/news/releases/2026/rio-tinto-queensland-and-commonwealth-secure-long-term-future-for-boyne-aluminium-smelter-at-gladstone
- https://statements.qld.gov.au/statements/104772
Disclaimer
… Read More → Read More: Rio Tinto Smelter That Could Have Closed Just Got a $2 Billion LifelineAsian Battery Metals: A Copper Explorer Positioned for the Copper Supercycle
March 25, 2026• Company, Announcements, Asian Battery Metals PLC, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
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 discovery of the Ivanhoe Mines group, led by legendary copper billionaire Robert Friedland.
Friedland founded Ivanhoe Mines (originally Indochina Goldfields) in 1994. Exploration since 2000 uncovered a chain of copper, gold and silver deposits at Oyu Tolgoi, with first commercial production commencing in 2013. The Mongolian President awarded Friedland the Order of the Polar Star — the country’s highest civilian honour for a foreign citizen — for his leadership in what became one of the largest known copper and gold deposits in the world.
The Ivanhoe group’s approach to exploration became a masterclass in building land packages aggressively around a discovery and pursuing all geological neighbours systematically. Gan-Ochir absorbed that philosophy directly. It now shapes how he runs Asian Battery Metals.
“I’m a person who started the company — for me it’s essential to the company to be successful. I’m not here just for one project. I’m trying to build a company here. The success of the company is very important. I’m one of the largest shareholders, and combined board and the large shareholders we probably own 50% of the shares in the company, and we are there to deliver the value.” — Gan-Ochir Zunduisuren, Managing Director
This is not a project-flipping exercise. This is a long-term Company-building effort from a founder with skin in the game, deep local knowledge, and a network forged in one of the most consequential copper discoveries of the modern era.
The Portfolio: Three Copper Opportunities in One Tight Geographic Belt

Figure 3: Project locations map of Asian Battery Metals [Source: Asian Battery Metals]
Asian Battery Metals holds its assets in the southwestern corner of Mongolia — an emerging mining district that sits on the same Central Asian Orogenic Belt that hosts world-class deposits across Kazakhstan, Russia, Mongolia and China. The Company operates three discrete but geographically clustered opportunities, all serviced by the same infrastructure, the same logistics chain, and the same gateway to the Chinese copper processing market.
“The southwestern part of Mongolia is really an emerging mining district. It’s the same belt — the Central Asian Orogenic Belt — that hosts a number of rich metal deposits in Kazakhstan, Russia, Mongolia and China. So that’s where we are working.” — Gan-Ochir Zunduisuren, Managing Director
1. Oval Cu-Ni-PGE Project: The Flagship Discovery
The Oval Copper-Nickel-Platinum Group Elements Project, anchored within the Company’s 100%-owned Yambat Project, is the asset that first put AZ9 on the map — and for very good reason.
The story of Oval’s discovery begins with BHP. In 2023, when the Company was still a private enterprise, it applied to BHP’s global exploration accelerator programme and was selected as one of only seven companies globally — and the sole entrant from the Asia-Pacific region. Using BHP’s funding, the team made a discovery at what is now the Oval Cu-Ni-PGE Project. The Company subsequently listed on the ASX in 2024.
Key Drilling Highlights
- OVD020: 19.5m @ 1.61% Cu, 2.15% Ni, 0.72 g/t PGE
- OVD033: 9.5m @ 3.11% Cu, 3.39% Ni, 1.27 g/t PGE
- OVD044: 8.1m @ 3.24% Cu, 1.64% Ni from 239.0m
- OVD051: 9.3m @ 1.06% Cu, 0.48% Ni — confirms North Oval extension
- OVD049: 16.8m @ 0.39% Cu, 0.41% Ni — confirms southeast extension
Phase 3 drilling extended Oval’s mineralisation to 880 metres of total strike length — a 60% increase on the previously known footprint. The system remains open along strike and at depth, with new geophysical targets including the newly identified MS4 magnetic anomaly suggesting additional undrilled intrusive bodies nearby.
Metallurgical Results
Metallurgical test work completed at ALS Metallurgy in Perth returned copper recoveries of 89–95% across all three composite sample types — results that de-risk the processing pathway significantly:

Approximately 70% of the mineralisation is well-liberated, indicating straightforward and potentially low-cost processing characteristics. Chalcopyrite is confirmed as the sole copper-bearing mineral — a clean mineralogy that reduces metallurgical complexity for any future flowsheet design.
For our detailed coverage of the Oval project’s exploration breakthroughs, see: Asian Battery Metals Delivers Major Exploration Breakthroughs at Oval Cu-Ni-PGE Project
2. Maikhan Uul Cu-Au VMS Project: The Option Exercised
In March 2026, the Company formally exercised its option to acquire the Maikhan Uul Copper-Gold VMS (Volcanogenic Massive Sulphide) Project — a significant corporate milestone that reflects management’s conviction in the quality of what their due diligence drilling uncovered.

Figure 4: Drillhole location map for Maikhan Uul Cu-Au Project showing drill collar positions, rock chip sample locations, and strike direction. [Source: Asian Battery Metals]
Due Diligence Drilling Highlights — Drill Hole MU2501
Strongly mineralised massive sulphide zones:
- 14.5m @ 2.23% Cu and 0.73 g/t Au from 132.5m, including:
- 4.8m @ 2.80% Cu and 0.88 g/t Au from 132.5m
- 6.3m @ 2.58% Cu and 0.82 g/t Au from 139.7m
- 2.6m @ 2.28% Cu and 0.49 g/t Au from 154.1m
Shallow high-grade gold and silver mineralisation:
- 5.2m @ 6.54 g/t Au and 126.40 g/t Ag from 36.9m, including:
- 2.1m @ 13.33 g/t Au and 227.81 g/t Ag from 37.9m
- 4.8m @ 2.02 g/t Au and 35.39 g/t Ag from 28.2m
The historic resource at Maikhan Uul stands at 5 million tonnes — but the key drill hole was positioned below that resource, meaning significant upside exists both above the existing historical resource horizon and at depth. The massive sulphide lens continues at depth and along strike. Exercising the option locks in what the Company considers one of the most strategically located high-grade copper-gold assets in the southwestern Mongolian belt.
3. Shallow Gold Prospect: A High-Grade Bonus
Sitting directly adjacent to the Maikhan Uul Cu-Au Project is a shallow gold prospect confirmed in the back half of 2025. Intercepts include a combined 10 metres grading approximately 4–5 g/t gold, with a high-grade core of 3 metres at 13 g/t gold.
Surface sampling has already delineated a 100-by-600-metre anomalous zone, with individual samples returning up to 22 g/t gold. The zone remains open to the west.
Why Mongolia? A Jurisdiction That Has Matured Beyond Its Reputation
Mongolia’s reputation as a complex jurisdiction has historically deterred some institutional capital. But that narrative is increasingly at odds with the operating reality on the ground — and the macro fundamentals now actively support it.
“Some say Mongolia has an unstable government. Yeah, we are a democracy. So we change as much as we would like to, when we would like to. On average, a Mongolian government lasts 1.9 years — which is the same as Australia. So it’s not much difference there, guys.” — Gan-Ochir Zunduisuren, Managing Director
The Numbers Tell Their Own Story
- Mongolia ranks in the top five for mineral prospectivity in Asia
- The country sits in the top five on the Global Peace Index for the Asia-Pacific region
- S&P Global Ratings upgraded Mongolia’s sovereign credit rating to BB- in Q4 2025 — its first BB category rating — citing a falling debt-to-GDP ratio forecast at 31.2%
- Oyu Tolgoi’s underground expansion drove a 45% increase in copper export volumes in 2025, strengthening Mongolia’s fiscal position
- The Company can obtain exploration permits and begin field programmes within 30 days of a new tenement grant
The proximity to China is also a core competitive advantage that tends to be underappreciated by markets focused on Western jurisdictions. China is the world’s largest refiner and downstream processor of copper, and Mongolia sits on its doorstep. Every tonne of copper concentrate that AZ9 eventually produces will benefit from freight and logistics costs that would be the envy of producers in South America or sub-Saharan Africa.
For our detailed overview of the Company’s broader portfolio context and market positioning, see: Asian Battery Metals Advances Multi-Commodity Portfolio with Strong Drilling Results
The Balance Sheet: Funded and Ready to Drill
The Company closed the December 2025 quarter with $5.965 million in cash, providing an estimated 3.21 quarters of planned expenditure coverage. This follows a successful $6 million equity placement completed in October 2025, supported by institutional investors including LA Resource Fund (Melbourne) and Dragon Tree Capital (Melbourne).

The aligned shareholder base — with the board collectively owning around half the Company — removes much of the dilution risk that plagues smaller explorers and ensures management incentives are directly tied to share price performance.
The Undervaluation Argument: What the Market Is Missing
At a market capitalisation of approximately $12.1 million, Asian Battery Metals trades at a fraction of the value implied by its asset base, its exploration results, and the copper price environment in which it operates. Consider the following:
- Oval Cu-Ni-PGE Project: An 880-metre mineralised system with copper recoveries of 89–95%, confirmed high-grade massive sulphide zones, and multiple untested geophysical targets. A comparable discovery in a Tier 1 jurisdiction would typically command a market cap measured in the hundreds of millions as it approaches resource definition.
- Maikhan Uul Cu-Au Project (now acquired): A high-grade VMS system with a historic 5-million-tonne resource, confirmed deep copper-gold mineralisation, and a shallow gold/silver zone that independently tests as economic-grade.
- Shallow gold prospect: A 100-by-600-metre anomalous zone grading up to 22 g/t at surface, open to the west, and untested at meaningful depth.
- Copper pricing tailwind: With J.P. Morgan targeting $12,500/t by Q2 2026 and Goldman Sachs projecting $15,000/t by 2035, the valuation multiple the market assigns to copper in the ground will expand materially as forecasts are validated.
- Operator pedigree: A founder-led team with decades of Mongolian mining experience, whose MD personally served on the board of Oyu Tolgoi — perhaps the most significant copper development achievement of the past two decades in Asia.
What to Watch: Key Catalysts for 2026

Figure 5: Drilling rig on-site at the Oval project area in Mongolia. [Source: Asian Battery Metals]
The Company has outlined a clear and near-term catalyst pipeline that gives investors specific milestones to watch:
- Phase 4 drilling at Oval Cu-Ni-PGE: Planning and permitting underway for Q1–Q2 2026, targeting the MS4 magnetic anomaly and other FLEM/DHEM geophysical targets
- Updated 3D geological model at Oval: Integrating all Phase 3 data for a tighter vector on resource definition
- Shallow gold fieldwork at Maikhan Uul: Systematic follow-up of the 100-by-600-metre surface anomaly grading up to 22 g/t gold
- Copper-gold drilling at Maikhan Uul: Expanding the confirmed deep massive sulphide zones both down-dip and along strike
- Overall copper resource definition: The stated 2026 goal is to establish a thorough understanding of the total copper potential across the entire portfolio
At ~$12 million in market capitalisation, the Company offers leveraged exposure to what could be one of the more significant copper development stories to emerge from the ASX in the current cycle. The copper macro is aligned. The jurisdiction has matured. The results are real. The Managing Director’s leadership and direct experience with Oyu Tolgoi provide the strategic expertise required to navigate this landscape.
Disclaimer
This article is provided for informational and educational purposes only and does not constitute financial product advice. The information presented has not taken into account your personal objectives, financial situation, or needs. Past performance is not a reliable indicator of future results. Readers should seek independent financial advice before making any investment decision.
Disclaimer
… Read More → Read More: Asian Battery Metals: A Copper Explorer Positioned for the Copper SupercycleBarclays Stays Neutral on Tesla Stock as Terafab Plans Emerge
March 24, 2026• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
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 Self-Driving Remains a Key Pillar of Tesla’s AI Narrative
The Tesla FSD subscription cost remains a closely watched metric for investors assessing the Company’s recurring revenue potential alongside its broader AI and autonomy strategy. Levy’s framing of chips as the pillar for Tesla’s growth over the next decade places the FSD programme within the same physical AI push that underpins the Terafab announcement.
The Tesla FSD subscription cost, alongside the Terafab ambitions, remains part of the broader case analysts are building around Tesla, one that still needs to prove itself through actual results rather than announcements.
Tesla Stock Price Today
Tesla, Inc. (NASDAQ: TSLA) is currently trading at US$380.85 per share, up US$12.89 or 3.50% at the close. The Company carries a market capitalisation of US$1.429 trillion. The 52-week range stands at US$214.25 to US$498.83 per share.

Figure 3: Tesla, Inc. (NASDAQ: TSLA) share price performance over the past year [Courtesy: Nasdaq]
Industry Outlook
The global artificial intelligence chip manufacturing sector is experiencing rapid capacity expansion, driven by demand from large language model training, autonomous systems, and data centre buildout. Major semiconductor players are committing hundreds of billions of dollars to new fabrication capacity across the United States, Asia, and Europe.
For investors tracking ASX mining sustainability trends in Australia and global technology stocks alike, the shift toward vertically integrated AI infrastructure, where companies like Tesla aim to control chip design and manufacturing alongside software and hardware deployment, represents one of the defining capital allocation themes of the current decade.
Future Direction and Impact on Tesla Stock Forecast and Investor Sentiment
The Terafab announcement positions Tesla well beyond its origins as an electric vehicle manufacturer. For those tracking the Tesla stock forecast 2026, the central question remains execution credibility. Barclays’ Equal Weight rating and US$360 price target reflect a view that the ambition is not yet matched by near-term fundamentals, and that history, as Levy noted, suggests caution.
The Tesla stock price today reflects a market still pricing in significant long-term optionality. Whether Terafab follows the trajectory of Battery Day or becomes a genuine inflection point for the Company will likely define the Tesla stock forecast well beyond 2026.
Frequently Asked Questions
Q1. What is the Tesla stock forecast 2026 according to Barclays?
Ans. Barclays maintains an Equal Weight rating with a US$360 price target, sitting 5.5% below the stock’s price at the time of the note.
Q2. What is the Terafab project?
Ans. Terafab is a planned joint venture between Tesla and SpaceX to manufacture AI chips at scale, with initial production planned in Austin, Texas, and an expected investment of at least US$20 billion.
Q3. What is the Tesla FSD subscription cost relevance here?
Ans. The Tesla FSD subscription cost sits within the same physical AI strategy that underpins Terafab, and is a key metric investors watch alongside Tesla’s broader autonomy and AI revenue narrative.-
Q4. What is the Street consensus on Tesla stock price today?
Ans. The Street holds 13 Buys, 10 Holds, and 7 Sells on TSLA, with an average price target of US$399.25, implying approximately 5% upside.
DISCLAIMER
This article is intended for informational purposes only and does not constitute financial or investment advice. All content is based on publicly available analyst commentary and market data reported as at 24 Mar 2026. Share price and market capitalisation data reflect figures provided at the time of publication. Investing in securities involves risk. Readers should conduct their own research and seek independent financial or investment advice before making any investment decisions. Colitco does not hold any position in the companies or organisations mentioned.
Sources
https://www.tipranks.com/news/history-suggests-caution-says-barclays-about-tesla-stock-tsla
https://www.nasdaq.com/market-activity/stocks/tsla
Disclaimer
… Read More → Read More: Barclays Stays Neutral on Tesla Stock as Terafab Plans EmergeState Government Streamlines $2.3 Billion Eva Copper Mine Development
March 24, 2026• Home Top Stories, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 base metal deposits.
The proximity to Mount Isa allows the project to utilise established transport networks. The site connects to the regional metallurgical processing facilities via existing roads.
Geographic survey data confirms the presence of extensive copper and gold mineralisation across the lease area. The terrain allows for the construction of the required pits and processing plants.
The local landscape will host the primary infrastructure, including worker accommodation and equipment storage. The project boundaries fall within the jurisdiction of the local shire councils.
Development Timeline and Approval Schedules
The Queensland Government announced the large resource project designation in early 2026. This followed the final investment decision by Harmony Gold in November 2025.
Harmony Gold selected Metso as the equipment supplier in December 2025. This timeline shows a rapid transition from planning to the early stages of implementation.
The extension of the prescribed project status provides the Coordinator-General with authority until March 2028. This two-year window allows for the completion of all remaining site assessments.
- November 2025: Completion of feasibility studies.
- December 2025: Appointment of Metso as equipment supplier.
- March 2026: Declaration of large resource project status.
- March 2028: Expiry of the current prescribed project extension.
The project plans for a 15-year operational life following the initial construction phase. This duration provides a long-term economic horizon for the region.

Figure 3: Development timeline and approval schedules
Operational Logistics and Workforce Requirements
The project involves the construction of an open-pit mine and associated processing facilities. The construction phase will require a workforce of approximately 1000 personnel.
Once the site reaches full capacity, it will sustain 450 ongoing operational roles. These positions include technicians, engineers, and administrative staff.
The mine will produce an average of 60,000 tonnes of copper every year. It will also yield approximately 19,000 troy ounces of gold annually.
Workers will extract the ore and process it on-site into a concentrate. Harmony Gold will then transport this concentrate to the Glencore smelter in Mount Isa.
“Eva Copper has the potential to be Queensland’s biggest copper mine, and we want to ensure the communities closest to the project share directly in its success,” Bleijie said.
“Declaring Eva Copper a large resource project strengthens local employment opportunities, supports regional businesses and ensures long-term benefits for Mount Isa and Cloncurry,” he added.
Also Read: Oby vs Archer FAA Approval: Which Stock Leads The Race?
“Extending the Prescribed Project declaration gives proponents greater certainty and allows the Coordinator-General to continue streamlining approvals so projects can move forward responsibly and efficiently,” Bleijie noted.
Gerard Coggan explained that the SSRC Act 2017 triggers potential for real long-term benefits for local workers. He stated that the decision ensures their inclusion in the operational workforce.
“The decisions announced today show the Queensland Government is making sure Eva Copper can benefit local communities as well as generate significant revenue for the state,” Coggan said.
Johannes Van Heerden of Harmony Gold confirmed that the company welcomes the coordination, support and stable regulatory framework. He emphasised the company’s commitment to being a responsible investor.
“Harmony is a responsible investor, and we want to deliver long-lasting benefits to Cloncurry, Mount Isa and the region through local jobs, local business opportunities and community investment,” Van Heerden said.
“Our approach, which is already making a positive impact in the early stages of the project, aligns with the SSRC framework, and we welcome the listing as a large resource project,” he concluded.
The Coordinator-General will continue to monitor the project’s adherence to the local hiring requirements. This oversight ensures that the economic gains remain within the north-west region.
The government’s strategy focuses on maintaining the viability of the metallurgical sector. By linking new mines to existing smelters, the state preserves its industrial capability.
Sources
- https://www.australianmining.com.au/multi-billion-dollar-copper-boom-for-queensland/
- https://www.australianmining.com.au/harmony-approves-2-3-billion-queensland-copper-project/
- https://www.australianmining.com.au/harmony-advances-eva-copper-project-as-metso-secures-equipment-contract/
Disclaimer
… Read More → Read More: State Government Streamlines $2.3 Billion Eva Copper Mine DevelopmentASX SFR Sustainability Update and Key Focus Areas
March 24, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
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 engagement
- Paused closure and rehabilitation activities to protect the Yugunga-Nya cultural heritage
- Published the Group Human Rights and Social Performance Standard, setting clear minimum standards
- Undertook additional heritage surveys and supported the demarcation of heritage places
- In October 2024, Sandfire and the Yugunga-Nya jointly agreed to put the challenges of the past behind them.
Key Observations on Cultural Heritage Management
The Sandfire Resources sustainability strategy now embeds firm principles around cultural heritage management. The Company stated that the effective management of cultural heritage is core to an organisation’s social licence.
Sandfire further observed that there must be senior accountability for cultural heritage with clear escalation processes, that regular and transparent engagement must be maintained with Traditional Owners, and that cultural heritage management must be embedded into an organisation’s way of working.
Sandfire Resources Share Price
Sandfire Resources Limited (ASX: SFR) is currently trading at A$15.410 per share. The Company carries a market capitalisation of A$6.86 billion. The 52-week range stands at A$8.050 to A$21.750 per share.

Figure 4: Sandfire Resources (ASX: SFR) share price performance [Courtesy: ASX]
Industry Outlook
The global mining sector is under increasing pressure from institutional investors and regulators to demonstrate credible ESG performance. ASX mining sustainability trends in Australia reflect a broader shift toward integrated sustainability frameworks that link board-level governance directly to operational outcomes.
Companies with multi-jurisdictional operations like Sandfire Resources face a uniquely complex ESG landscape. The ability to manage cultural heritage obligations, reduce carbon intensity, and maintain social licence across diverse regulatory environments has become a meaningful differentiator for large-cap ASX miners.
Future Direction and Impact on Investors, Communities and Stakeholders
Sandfire Resources enters the remainder of FY26 with clear milestones across all four sustainability pillars. The solar facilities at MATSA and Motheo are on track for commissioning in FY27. The ongoing cultural heritage work at DeGrussa, including finalisation of the updated Heritage Management Plan and completion of cultural awareness training with the Yugunga-Nya, will continue to shape the Company’s social licence in Western Australia.
For investors following ASX mining sustainability trends Australia, the Sandfire Resources sustainability strategy and ESG goals explained through this briefing signal a Company embedding accountability at every level of its operations.
Also Read: Karoon Energy Appoints New CFO and CTO
Frequently Asked Questions
Q1. What is the Sandfire Resources sustainability strategy?
Ans. It is built around four pillars: safe performance, reduced carbon intensity, increased reserves, and capital discipline, with sustainability embedded across all four.
Q2. What are Sandfire Resources ESG goals explained in the 2026 briefing?
Ans. Targets include 50% renewable electricity by 2030, a 35% emissions reduction by FY35, net zero by 2050, zero fatalities, gender diversity targets, and community investment commitments.
Q3. What happened at DeGrussa?
Ans. Artefact disturbances occurred in 2017–2018. Sandfire self-reported the issue, conducted an independent investigation, and worked with the Yugunga-Nya to address it.
Q4. How does Sandfire Resources fit into ASX mining sustainability trends Australia?
Ans. The Company reflects broader ESG shifts in Australian mining, particularly in governance, emissions reduction, and cultural heritage management.
Disclaimer
This article is intended for informational purposes only and does not constitute financial or investment advice. All content is based on the Sandfire Resources Limited (ASX: SFR) Sustainability Briefing Management Presentation dated 24 Mar 2026. Share price and market capitalisation data reflect figures provided at the time of publication. Investing in securities involves risk. Readers should conduct their own research and seek independent financial or investment advice before making any investment decisions. Colitco does not hold any position in the companies or organisations mentioned.
Sources
https://www.asx.com.au/markets/company/SFR
Disclaimer
…
Read More → Read More: ASX SFR Sustainability Update and Key Focus AreasWhy These 4 ASX Shares Are Rising While the Market Slides Today
March 24, 2026• Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
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 insurance stocks tend to perform more steadily during periods of market volatility. Medibank, in particular, benefits from relatively predictable revenue through private health insurance premiums.
Higher interest rates are also supportive, as they increase returns on the insurer’s investment portfolio. Combined with ongoing premium adjustments, this creates a stable earnings outlook.
Recent broker commentary has reinforced confidence in the stock, pointing to continued upside potential from current levels.

Medibank Private attracts investors seeking stability during market volatility.[Insurance Business]
A Clear Pattern: Different Catalysts, Same Outcome
While these four companies operate in very different sectors, their gains today reflect a common theme — clear, identifiable catalysts driving investor demand.
- Energy stocks are benefiting from commodity strength
- Fintech and tech names are responding to US market momentum
- Defensive healthcare stocks are attracting capital during uncertainty
This divergence highlights how investors are navigating a complex market environment by focusing on specific opportunities rather than broad exposure.
Also Read: Boss Energy March 2026 Update: BOE Uranium Outlook
Final Thoughts
The rise in Beach Energy, Block, Life360, and Medibank shares during a broader market selloff underscores the importance of stock-specific drivers.
In volatile conditions, markets often reward companies with strong fundamentals, supportive sector trends, or positive external catalysts. For investors, identifying these signals can provide a clearer picture of where opportunities may lie, even when the broader index is under pressure.
FAQS
Q1: Why are some ASX shares rising while the market is falling?
A1: Some ASX shares rise during a broader selloff due to company-specific catalysts such as broker upgrades, strong overseas performance, commodity price movements, or defensive earnings profiles that attract investors.
Q2: What is driving Beach Energy shares higher today?
A2: Beach Energy shares are rising mainly due to stronger oil prices, supported by supply concerns linked to ongoing geopolitical tensions in the Middle East, which benefit energy producers.
Q3: Why is Block Inc. gaining on the ASX?
A3: Block Inc. is rising due to strong performance on US markets, positive investor sentiment, and recent broker commentary highlighting growth in its payments ecosystem and earnings outlook.
Q4: What is supporting Life360’s share price increase?
A4: Life360 is gaining from strong momentum in the US trading, along with bullish analyst sentiment that highlights its long-term growth potential in subscription-based family safety technology.
Q5: Why are Medibank shares considered defensive?
A5: Medibank shares are viewed as defensive because demand for private health insurance is relatively stable, with predictable premiums and additional support from higher interest rates boosting investment income.
Disclaimer
This article is intended for informational purposes only and does not constitute financial or investment advice. All content is based on publicly available market data, broker research notes, and media reports as of March 23, 2026. Share price and market capitalisation data reflect figures at the time of publication. Investing in securities involves risk, including the possible loss of principal. Readers should conduct their own research and seek independent financial advice before making any investment decisions. Colitco does not hold any position in the companies or organisations mentioned.
Sources
Read More → Read More: Why These 4 ASX Shares Are Rising While the Market Slides TodayBHP Share Price Crashes 21% in March: Should You Sell or Hold Right Now?
March 23, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 buy rating. Only two analysts have a sell recommendation.
The average price target sits at $52.94, implying roughly 14% upside from the current $47.11. The broker consensus from ASX data also leans Buy, with 5 buying recommendations and 4 holds, and zero sell ratings.
The bull case is compelling: some analysts tip BHP to climb as high as $68.22, a 47% gain from today’s levels. Bears put downside risk at $34.11.
The Fundamentals Still Stack Up
BHP’s core financial metrics continue to hold up well:
- EPS: $2.866
- DPS: $1.9577
- Book Value Per Share: $14.031
- Bid/Ask: $46.99 – $47.11
The underlying business that produced record earnings hasn’t changed overnight. The selloff looks more like a sentiment-driven correction than a fundamental collapse.
How Does BHP Stack Up Against Its Rivals?
Sector Context Matters
BHP isn’t suffering in isolation. The broader resources sector has struggled throughout March as geopolitical uncertainty weighs on commodity demand forecasts across iron ore, copper, and coal.
Rival Rio Tinto (ASX: RIO) has also felt the pressure, though BHP’s exposure to underperforming Queensland coal assets adds a layer of complexity that Rio doesn’t face to the same degree. For a detailed look at how these two mining giants compare on infrastructure strategy and operational efficiency, our breakdown of BHP vs Rio Tinto at Port Hedland is worth a read.
The Bottom Line: Stay Calm and Look at the Long Game
The 21% crash in the BHP share price Australia investors are watching is alarming on the surface. But the numbers tell a more nuanced story.
BHP holds a $239 billion market cap, sits second on the ASX, and carries analyst consensus that still points firmly to buy-to-hold territory. The triggers behind the March crash, ex-dividend mechanics, a CEO transition, Queensland asset concerns, and geopolitical noise, are legitimate headwinds, but they don’t signal a break in the company’s fundamental strength.
For long-term investors, panic selling rarely pays off with blue-chip miners. For those who bought near the peak, waiting for a recovery toward the analyst consensus of $52.94 looks more sensible than locking in a loss right now.
For investors watching from the sidelines, the current level may offer a genuine entry point, provided you’re approaching it with a multi-year horizon and an understanding of the risks involved.
Disclaimer: This article is for general informational purposes only and does not constitute financial, investment, or legal advice. The information provided reflects publicly available data and analyst commentary at the time of publication. Past performance is not a reliable indicator of future results. Always consider your personal financial situation and consult a licensed financial adviser before making any investment decisions. The author holds no position in any of the securities mentioned.
Frequently Asked Questions (FAQs)
Q: Why did the BHP share price Australia drop so sharply in March 2026?
Ans: Several factors hit BHP in quick succession — the stock went ex-dividend in early March, reports emerged that Queensland coal mines were no longer attracting capital investment, geopolitical tensions in the Middle East weighed heavily on commodity markets, and BHP announced that CEO Mike Henry would step down in July. Together, these events wiped over 21% off the share price in under a month.
Q: Should I sell my BHP shares after the March 2026 crash?
Ans: Most analysts say no. Of 20 analysts tracked by TradingView, 11 rate BHP as a hold and 7 carry a buy or strong buy rating. The average price target sits at $52.94 — around 14% above the current price of $47.11. The broker consensus also leans buy. Unless your personal financial situation demands liquidity, panic selling a blue-chip miner after a sentiment-driven correction rarely works in an investor’s favour.
Q: Is the BHP share price likely to recover in 2026?
Ans: The underlying fundamentals remain solid. BHP holds a $239 billion market cap, ranks second on the ASX, and delivered record earnings just weeks before the selloff. The 2026 year-to-date return is still positive at +3.56%, and the stock sits nearly 20% above where it traded this time last year. While short-term headwinds remain — including the CEO transition and commodity demand uncertainty, the analyst consensus points to meaningful upside over the medium term.
Sources
- https://www.fool.com.au/2026/03/23/bhp-shares-crash-21-in-march-so-far-time-to-sell-up/
- https://www.tradingview.com/symbols/ASX-BHP/forecast/
- https://www.asx.com.au/markets/company/bhp
Disclaimer
… Read More → Read More: BHP Share Price Crashes 21% in March: Should You Sell or Hold Right Now?Yugo Metals Secures Government Approval to Unlock One of Europe’s Most Compelling High-Grade Polymetallic Projects
March 23, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA, Yugo Metals
Yugo Metals Limited (ASX: YUG) has received formal approval from the Government of the Republic of Srpska (Bosnia and Herzegovina) for its 100%-owned Petrovo tenement, covering 10 km² in the Sockovac area. The approval clears all regulatory hurdles, giving the Company unrestricted access to advance what management believes is one of the most strategically significant, non-developed high-grade polymetallic systems on the European continent.
The Petrovo tenement hosts a shallow, flat-lying mineralised system that is amenable to open-pit extraction. Historical drilling from the 1969–1970 campaign delivered remarkable results, yet exploration tested only a fraction of the prospective area, leaving vast upside untouched for more than five...
China Invests $120 Billion to Secure Global Critical Mineral Supplies
March 23, 2026• Home Top Stories, ASX, Australia, Canada, Daily News, Greenland, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
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 capacity while providing a supply to China.

Figure 3: China’s FDI into mining and upstream processing (2023-2025) [CFE]
Strategic Acceleration Commences Following 2023 Policy Shift
The current wave of spending began in early 2023 and continues through 2026. This period marks a transition away from the earlier methods used in the Belt and Road Initiative. The strategy now focuses on deep integration within the industrial sectors of partner nations.
Beijing adapts its plans to meet the changing conditions of the politics and the economy. The trajectory shows a movement toward expansion rather than a retreat from the market. This timing allows the nation to stay ahead of competitors who seek to diversify their supply.
The speed of execution remains a factor in the success of these projects. Firms reach agreements and begin construction faster than their counterparts in the West. This advantage ensures that the supply of materials meets the demand of the factories in China.
Also Read: Gas Prices in Europe Rise 35 Per Cent After Strike on Hub in Qatar
Collaborative Infrastructure Models Secure Long-Term Supply Agreements
China secures supply by building facilities that process materials before they leave the host nation. This approach allows host countries to capture more value from their own resources. These governments sign agreements that guarantee the delivery of materials to China for years.
“This approach aligns China’s resource security goals with host countries’ ambitions to capture more value domestically and accelerate their own industrial development,” says Tim Buckley.
The US-led Minerals Security Partnership seeks to create different pathways for the trade of minerals. The European Union uses the Critical Raw Materials Act to encourage the mining of materials in Europe. These initiatives aim to reduce the influence of Beijing on the global market.
The competition for these resources will shape the development of technology for the next decade. Nations that control the processing of minerals will hold the power in the transition to power. This strategy ensures that China remains the primary source of the inputs for the energy of the future.
Disclaimer: This article provides information for general purposes only. It does not constitute financial or investment advice. Market conditions and critical mineral supply chains change rapidly. Readers should consult official government reports or qualified advisors for the most current data.
Sources
- https://www.mining.com/china-spent-120b-to-lock-down-critical-minerals-dominance-report
- https://climateenergyfinance.org
Disclaimer
… Read More → Read More: China Invests $120 Billion to Secure Global Critical Mineral SuppliesPassive Income From ASX Shares: How To Build $100,000 Annually
March 21, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest Daily News, Latest News, Mining Information, News, Pin Top Story, Top Stories, Top Story, Trending News
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 substantially without having to invest extra capital.
With this growth in portfolio, the income stream will be more predictable and significant and ultimately will reach one goal, such as having a 100,000 annual income with disciplined performance.
Also Read: 3 ASX Shares to Buy During a 10% Pullback – BHP, CBA & WES
FAQs
Q1. How much investment is needed for a $100,000 passive income?
A1: A portfolio of around $2 million to $2.5 million is typically required, assuming a 4% to 5% yield.
Q2. Are ASX dividend stocks reliable for passive income?
A2: Many ASX dividend stocks are considered reliable, especially in the banking and utilities sectors.
Q3. Can beginners start this strategy?
A3: Yes, beginners can start with small investments and grow their portfolio over time.
Q4. What risks are involved in this strategy?
A4: Market volatility, dividend cuts, and sector-specific risks can impact income consistency.
Disclaimer:
This article is based on insights from a financial publication discussing ASX investment strategies. It does not represent financial advice. Readers should evaluate personal circumstances and consult professionals before investing in ASX shares or adopting dividend income strategies.
Sources:
- How to build $100,000 a year in passive income from ASX shares
- How to turn $20,000 into lifelong passive income with ASX shares
- How much would I need to invest for a $100,000 income from ASX shares?
East Star Resources Signs Copper JV That Could Reshape Its Kazakhstan Mining Future
March 20, 2026• Home Top Stories, Daily News, Homepage, Latest, Latest Daily News, Latest News, LSE, Mining, Mining Information, Most Popular, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom
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 Stage 2 feasibility study and support the mining licence application.
What East Star Keeps Beyond Verkhuba
A Second Asset in the Wings
East Star retains 100% of its other nearby prospects. The standout is Rulikha, a Soviet-era deposit independently modelled to contain an upper limit JORC Exploration Target of up to 23Mt grading 2.4% copper equivalent.
The company is actively progressing permitting at Rulikha to commence exploration in 2026. Should Rulikha follow a similar trajectory to Verkhuba, it adds a compelling second leg to the East Star story.
East Star also holds a $25 million-plus strategic gold exploration joint venture with major gold producer Endeavour Mining, along with Tier 1 copper porphyry and epithermal gold targets across its broader Kazakhstan portfolio.
Investors following copper-focused junior developers may also find it worthwhile to explore how similar stories are unfolding elsewhere. Raptor Metals’ Chester copper drilling in Canada offers an interesting parallel in a different jurisdiction, while Southern Cross Gold’s project update highlights how resource expansion milestones can reshape a junior’s market positioning. For a different angle on leadership and strategic shifts in the sector, the Alligator Energy CEO expanded role update is worth a read.
The Bigger Picture: Copper’s Supply Deficit
Copper’s fundamentals support the timing of this deal. The metal traded at approximately US$12,677 per tonne as of 18 March 2026, and analysts widely forecast a future supply deficit as EV adoption, grid infrastructure investment, and decarbonisation spending drive demand higher.
Kazakhstan sits in a geologically prospective belt. East Star’s ground covers both copper porphyry and VMS (volcanogenic massive sulphide) targets — the same geological settings that host some of the world’s largest base metal deposits.
For the East Star Resources share price, the coming months will be telling. Stage 1 drilling commencement in June 2026 represents the first hard test of Xinhai’s commitment and the JVA’s execution timeline.
Disclaimer
The information provided in this article is for general informational purposes only and does not constitute financial, investment, or legal advice. The content reflects publicly available information at the time of writing and should not be relied upon as a basis for making investment decisions.
East Star Resources (LSE: EST) is a publicly listed company, and its share price is subject to market volatility. Past performance is not indicative of future results. The East Star Resources share price impact discussed in this article reflects historical market data and does not guarantee any future price movement.
Always consult a qualified and licensed financial adviser before making any investment decisions. The author and publisher of this article hold no responsibility for any financial loss or damage arising from reliance on the information contained herein.
Frequently Asked Questions
Q1. What is the East Star Resources and Xinhai Mining joint venture about?
East Star Resources (LSE: EST) signed a formal Joint Venture Agreement with Hong Kong Xinhai Mining Services Limited to develop the Verkhuba Copper Deposit in Kazakhstan. Under the deal, Xinhai funds approximately US$65 million to take the project from resource drilling through to full production.
Q2. How did the JV announcement affect the East Star Resources share price?
The East Star Resources share price responded positively on the day of the announcement, closing at 3.40p on 19 March 2026 — a gain of 6.25% (+0.20p). Over 6.2 million shares traded on the day, reflecting strong investor interest.
Q3. What happens next for the Verkhuba project?
The immediate next step is for East Star to incorporate the joint venture company (JVCo) in Kazakhstan within 30 days, registered under the Astana International Financial Centre. The JVCo then plans to commence resource definition drilling by June 2026, focusing on the shallow open pit area.
Sources
- East Star Resources Plc
- miningcom.au
- London Stock Exchange RNS
- Xinhai Mining Services Limited
- London Stock Exchange
Disclaimer
… Read More → Read More: East Star Resources Signs Copper JV That Could Reshape Its Kazakhstan Mining FutureAlligator Energy CEO Takes Expanded Leadership Role Amid Strategic Shift
March 20, 2026• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Investment News, Latest, Latest Daily News, Latest News, Make in India, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom
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 uranium in the world.
It is announced at a time when the interest in uranium investments has returned due to the concern about global energy security and the decarbonisation process.
The timing is important, since the industry is witnessing a heightened activity both among the already established producers and those who are new to exploration.
This change will make the company responsive to the market opportunities and challenges. The shift is in line with the bigger industry trends that are inclined towards consolidation and efficiency.

Australia remains central to global uranium exploration and production activities. [Courtesy: Discovery Alert]
How Will This Impact Future Growth Plans?
The broadened leadership capacity is likely to affect the future growth pattern of Alligator Energy, as it will allow the company to operate at a more accelerated pace of making decisions and carrying out the strategies of the company in a more integrated fashion across its initiatives.
Having a single leadership framework, the company will be able to focus on the high-priority actions and react to the market changes rapidly. This can also enhance communication with the stakeholders, with investors and partners communicating with a central decision-maker.
The future of the uranium industry has been encouraging with the rising demand for clean energy solutions. When implemented properly, this leadership transition would increase the level of competitive positioning of the company and contribute to the creation of long-term value.
AAlso Read: Global Nuclear Pivot Ignites Multi-Billion Dollar Opportunity for Australian Uranium Exports
FAQs
Q1. What is the main change at Alligator Energy?
A: The CEO has taken on an expanded leadership role, combining multiple responsibilities into one position.
Q2. Why is this important for the uranium sector?
A: It supports faster decision-making, which is critical during the rising uranium demand globally.
Q3. How might investors react to this move?
A: Investors may see it as positive due to improved efficiency and strategic clarity.
Q4. Does this affect company operations?
A: Yes, it aims to streamline operations and align projects with long-term goals.
Disclaimer
This article is for informational purposes only and does not constitute financial advice. Readers should conduct independent research before making investment decisions. Market conditions can change rapidly, and past performance is not indicative of future results.
Sources
- Alligator Rolls CEO Into Combined Leadership Role
- Alligator Energy Appoints CEO As Managing Director
- Alligator Energy Reshapes Board Leadership Structure
Disclaimer
… Read More → Read More: Alligator Energy CEO Takes Expanded Leadership Role Amid Strategic ShiftRaptor Metals Completes 2,126m Diamond Drill Program at Chester Copper Project in Canada
March 19, 2026• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Mining, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom
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 ore from more than 45 VMS deposits, including the world-class Brunswick No. 12 mine.
Raptor Metals Share Price and Market Data
As of writing, Raptor Metals Ltd (ASX: RAP) traded at $0.039, down $0.004 or 11.36% for the session, with total volume reaching 1,057,118 shares. The stock is currently trading within a bid-offer range of $0.038 to $0.039, giving the Company a market capitalisation of approximately $27.40 million, with its status listed as RE.

Raptor Metals Share Price [ASX]
Where It Happened: Chester Project, Northern New Brunswick, Canada
The Chester Project is situated in northern New Brunswick, Canada, approximately 70 km southwest of the city of Bathurst and 50 km west-northwest of Miramichi.

Location of the Chester Project in northern New Brunswick within the prolific Bathurst Mining Camp. [Wikipedia]
The project covers three contiguous tenure blocks comprising 281 mineral claims across a total area of 6,176 hectares, all 100% owned and operated by Raptor Metals Limited.
The deposit benefits from excellent infrastructure for a project at this stage of development:
- Year-round road access to the project site
- Proximity to power infrastructure in the region
- A supportive and established mining jurisdiction in New Brunswick, with a long history of base metal exploration and production
All 19 drill holes in the 2026 program were oriented at 90 degrees azimuth (magnetic) and drilled at a -60 degree dip to optimally intersect the deposit’s shallow-dipping mineralised zones.
When It Happened: Timeline of the 2026 Chester Drilling Campaign
The 2026 diamond drill program at Chester represents the first major exploration campaign by Raptor Metals at the project since the company’s recompliance and ASX reinstatement. Key milestones include:
- October 2025: Raptor Metals releases its Recompliance Prospectus, outlining the Chester Project acquisition and exploration strategy
- January 2026: Company releases Pre-Reinstatement Disclosure detailing technical parameters of the Chester MRE
- Early 2026: Diamond drilling commences at the Chester Project with Orbit Garrant Forage Drilling
- 19 March 2026: Raptor Metals announces successful completion of the 2,126m drill program (16 HQ + 3 PQ holes)
- 4 to 8 weeks from announcement: Assay results expected to be returned from the laboratory
- Imminent: Downhole TDEM geophysical survey to be mobilised following completion of core processing
Also Read: Resolution Minerals 45-Hole Drilling Campaign at Golden Gate
How It Happened: The Drill Program Design, Geology, and Next Steps
The 2026 program was carefully structured around five core objectives rather than simply drilling for new intersections.
Geological logging of all holes revealed consistent lithology and mineralisation styles that closely match historical records, and visual estimates confirmed intersections of copper sulphide mineralisation zones.
Validation of historical data was the primary driver. Chester has a long exploration history stretching back to 1955, with over 837 historical drill holes totalling 74,728 metres in the database.
The HQ core holes are designed to twin and confirm historical intersections, directly testing whether the assay values underpinning the current resource can be replicated with modern sampling and QAQC standards.
Metallurgical sample collection was the purpose of the three PQ-diameter holes. PQ core provides a larger diameter sample essential for the bulk sample sizes required by metallurgical test work programs.
These samples will be used to evaluate processing options, recovery rates, and concentrate quality.
The Chester Project currently hosts the following JORC (2012) compliant Mineral Resource Estimate for copper, reported at a 0.5% Cu cut-off grade:
| Classification | Tonnes (Mt) | Cu Grade (%) | Contained Cu (Mlbs) | Contained Cu (Mkg) |
| Indicated | 4.866 | 1.127 | 120.3 | 54.6 |
| Inferred | 1.819 | 1.014 | 38.4 | 17.4 |
| Total | 6.685 | 1.092 | 158.6 | 72 |
Downhole geophysics is the final planned component of this phase. A Time Domain Electromagnetic (TDEM) survey will be conducted in the drill holes once core processing is complete.
This technique is highly effective in VMS districts for identifying off-hole conductors, potential extensions to mineralisation that the drill bit did not directly intersect, and will directly inform targeting for the next phase of drilling.
FAQs
Q1: What is the Chester Copper Project?
A1: The Chester Copper Project is a copper-dominant volcanogenic massive sulphide (VMS) deposit located in New Brunswick, Canada, within the prolific Bathurst Mining Camp.
Q2: How much drilling did Raptor Metals complete at Chester?
A2: Raptor Metals Ltd completed a total of 2,126 metres of diamond drilling across 19 holes, including 16 HQ holes and 3 PQ holes.
Q3: When will assay results be released?
A3: Assay results from the 2026 drilling program are expected within four to eight weeks after submission to the laboratory.
Q4: What is the current resource at the Chester Project?
A4: The project hosts a JORC-compliant Mineral Resource Estimate of 6.685 million tonnes at 1.092% copper, including both indicated and inferred resources.
Q5: Why is this drilling program important?
A5: The program aims to validate historical drilling data, improve resource confidence, collect metallurgical samples, and test potential extensions beyond the current resource boundary.
Q6: Where is the Chester Project located?
A6: The Chester Project is located in northern New Brunswick, approximately 70 km southwest of Bathurst.
Q7: What are the next steps for Raptor Metals?
A7: Next steps include laboratory assay testing, metallurgical analysis, and a downhole Time Domain Electromagnetic (TDEM) geophysical survey to identify additional exploration targets.
Disclaimer
This article is based on the ASX announcement released by Raptor Metals Ltd (ASX: RAP) on 19 March 2026. All resource figures are JORC (2012) compliant. This article is for informational purposes only and does not constitute financial advice. Always conduct your own due diligence before making investment decisions.
Source:
https://www.asx.com.au/markets/company/RAP
Disclaimer
… Read More → Read More: Raptor Metals Completes 2,126m Diamond Drill Program at Chester Copper Project in CanadaXRP Climbs Out of Consolidation as Whales Hold and Retail Returns
March 19, 2026• A-popular blogs, About Us, Australia, Canada, Crypto, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story
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 consequential window for the token’s trajectory this year.
Future Direction and Impact
XRP whale accumulation news, low exchange inflows and rising open interest have set up what analysts are describing as a high-probability move toward US$1.65 in the near term. The US$1.43 support level is the line in the sand. Whether the XRP consolidation breakout levels hold will determine if this recovery extends or resets.
Beyond the short-term chart, the CLARITY Act remains the dominant variable for the XRP price prediction 2026 conversation. A passage before April would fundamentally reprice the token. A delay would likely cap it within its current range for the remainder of the year.
ALSO READ: Resolution Minerals Accelerates Golden Gate Expansion with Major 45-Hole Drilling Campaign
Frequently Asked Questions
Q1. What is the near-term XRP price target?
Ans. Analysts are pointing to US$1.65 as the near-term target, representing approximately 13% upside from the US$1.43 support level.
Q2. What does XRP whale accumulation news mean for price?
Ans. When whales move fewer tokens to exchanges, selling pressure drops. Combined with rising retail open interest, this typically creates favourable conditions for a price breakout.
Q3. What are the key XRP consolidation breakout levels to watch?
Ans. US$1.43 is the critical support floor. Holding above it opens the path to US$1.65. A break below sends the price toward US$1.33.
Q4. How does the CLARITY Act affect the XRP price prediction 2026?
Ans. If passed, the CLARITY Act would classify XRP as a digital commodity, unlocking institutional adoption. Most analysts place XRP in the US$5 to US$10 range under that scenario, compared to US$2.80 under a delay scenario per Standard Chartered.
Q5. What is driving retail interest back into XRP?
Ans. Open Interest rose to US$2.66 billion this week, reflecting a return of everyday traders who are beginning to look past broader economic concerns and re-engage with the recovery trade.
Disclaimer
This article is intended for informational purposes only and does not constitute financial or investment advice. Content is based on publicly available market data and analyst commentary sourced from Santiment, Finance Magnates, Mitrade, Standard Chartered, and Galaxy Digital, as reported on and around 19 Mar 2026. XRP price figures reflect market conditions at the time of writing. Readers should conduct their own research and seek independent financial advice before making any investment decisions. Colitco does not hold any position in the assets or organisations mentioned.
Sources
TipRanks — XRP Price Eyes 13% Jump after Climbing Out of Consolidation Range as Whales Choose Not to Sell, 19 Mar 2026
The Economic Times — XRP price today surges past $1.50: Can the CLARITY Act drive the crypto’s price to $10? Here’s what traders need to know
Disclaimer
… Read More → Read More: XRP Climbs Out of Consolidation as Whales Hold and Retail ReturnsTerra Metals (ASX: TM1) Corporate Update & Project Progress
March 19, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 multi-electrode EM on deeper holes — H1 2026
- Regional ground and airborne EM and soil geochemistry to identify concealed targets — H1 2026
- Maiden Mineral Resource Estimate for the Southwest Prospect — H2 2026
- Phase 5 drilling — H2 2026
- Metallurgical studies — Continuous
- Pre-Feasibility Study — 2027
Drilling Strategy and Geological System Behind the Results
A Magmatic System One Billion Years in the Making
The Dante Project hosts a rare district-scale magmatic mineral system characterised by multiple reef packages, feeder pipes, sulphide melt pools and layered cumulates across the Jameson Range geology.

Figure 6: Aerial view of SW5–SW6 discovery area [Courtesy: Terra Metals]
The Southwest Prospect represents the feeder pipe and chonolith zone, where concentrations of PGMs and base metals are highest. The phase 4 campaign confirmed net-textured to semi-massive sulphides at shallow depths between 60 and 80 metres, dominated by pyrrhotite, pentlandite and chalcopyrite.

Figure 7: Conceptual model of the Dante magmatic system [Courtesy: Terra Metals]
Five drill rigs comprising three diamond and two RC units are progressively mobilising, with downhole EM surveys already identifying large off-hole conductors adjacent to the 1 oz/t PGE3 massive sulphide zone at SW6. The program targets nine defined areas at Southwest spanning SW1 through SW9.
Dante Reefs Mineral Resource and Metallurgical Results
148Mt Resource Supporting a Low-Cost Processing Pathway
The Dante Reefs MRE stands at 148Mt at 1.38% copper equivalent (CuEq), covering the Crius, Hyperion and Oceanus reef zones. The resource contains 22Mt of titanium dioxide, 800 kilotonnes of vanadium pentoxide, 270 kilotonnes of copper and 1.6 million ounces of PGE3. Less than 5% of the outcropping strike has been drilled, pointing to significant exploration upside. Metallurgical testwork has demonstrated the potential for three distinct high-grade concentrate streams:
- High-grade copper-gold-PGM concentrate
- High-purity titanium heavy mineral concentrate
- High-grade vanadium concentrate
The resource is laterally extensive, shallow dipping and outcrops from the surface, characteristics that the Company notes present the potential for open-pit mining. These results form an important part of the ASX mining updates, continuing to attract institutional interest in the Terra Metals project progress.
Terra Metals Share Price
Terra Metals Limited (ASX: TM1) is currently trading at A$0.280 per share. The Company carries a market capitalisation of A$306.09 million. The 52-week range stands at A$0.017 to A$0.470 per share.

Figure 8: Terra Metals (ASX: TM1) 12-month share price trend [Courtesy: ASX]
Industry Outlook
Global demand for platinum group metals, copper, vanadium and titanium is projected to grow materially through the coming decades, driven by the clean energy transition, defence procurement and advanced manufacturing requirements. Australia’s position as a Tier-1 mining jurisdiction makes it a preferred destination for critical mineral project development by institutional capital.
ASX mining updates from multi-commodity explorers like Terra Metals are drawing growing interest from investors seeking exposure to secure, non-China supply chains for these strategic materials.
Future Direction and Impact
Terra Metals project progress through 2026 will be defined by the phase 4 drilling results at Southwest, the upgraded Dante Reefs MRE and the maiden Southwest resource estimate targeted for H2 2026. Each milestone represents a step toward the Pre-Feasibility Study planned for 2027.
For those following Australian mining stocks in the critical minerals sector, the Company’s combination of an existing 148Mt multi-commodity resource and high-grade feeder pipe sulphide discoveries at Southwest presents a development narrative that few ASX-listed explorers can match at this stage.
ALSO READ: Resolution Minerals Accelerates Golden Gate Expansion with Major 45-Hole Drilling Campaign
Frequently Asked Questions
Q1. What is the Dante Project?
Ans. The Dante Project is Terra Metals’ flagship district-scale PGM and critical minerals system in Western Australia’s West Musgrave region, hosting a 148Mt MRE and a high-grade Southwest sulphide discovery.
Q2. What grades has Southwest returned?
Ans. The SW5 discovery hole SWT008 returned a peak of 52.97g/t PGE3, described by the Company’s Chief Metallurgist as comparable to the highest-grade hard rock PGM intersections ever recorded globally.
Q3. When is the maiden Southwest resource expected?
Ans. Terra Metals has targeted a maiden MRE for the Southwest Prospect in H2 2026, with a Pre-Feasibility Study to follow in 2027.
Q4. Is Terra Metals relevant to Australian mining stocks?
Ans. Yes. Terra Metals project progress positions TM1 as a multi-commodity critical minerals explorer in a Tier-1 jurisdiction.
Q5. What is the current share price and market cap?
Ans. Terra Metals (ASX: TM1) is trading at A$0.280 per share with a market capitalisation of A$306.09 million.
Sources
Terra Metals Limited (ASX: TM1) — Corporate Presentation: World Class PGM Discovery, Swiss Mining Institute Conference, March 2026 —https://data-api.marketindex.com.au/api/v1/announcements/XASX:TM1:6A1317086/pdf/inline/corporate-presentation-swiss-mining-institute-conference?_gl=1*afzqbw*_ga*MTcwODQzODA4Ni4xNzYyMjUxMTk2*_ga_R504V9JPBH*czE3NzM4ODExMTIkbzk2JGcxJHQxNzczODgxMTE1JGo1NyRsMCRoMA..
Terra Metals Limited — ASX
https://www.asx.com.au/markets/company/TM1
Disclaimer
…
Read More → Read More: Terra Metals (ASX: TM1) Corporate Update & Project ProgressThis Sandvik Pump Can Change How Australia Mines Underground
March 19, 2026• Home Top Stories, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 Works
The engineering behind the HPA20 is where things get interesting.
Intelligent, Self-Calibrating Control
At its core sits a self-calibrating control system that continuously monitors and adjusts mixing ratios, pressure, flow, and volume in real time. The pump delivers up to 200 bar of resin pressure and up to 10 litres per minute per component — figures that put it well ahead of conventional manual units used across mining equipment Australia fleets today.
In automatic mode, the system logs detailed session data including actual versus target volumes, cumulative resin pumped, and pressure profiles. Operators export that data via USB and feed it directly into site QA/QC workflows.
Sealed System, Safer Operators
One of the most significant safety features is the fully sealed 2 × 300-litre resin container system. It eliminates direct operator exposure during both filling and injection — a meaningful change for sites running multiple injection cycles per shift.
The system also includes automatic and manual flushing options to prevent blockages and reduce operator errors. Separate access levels for operators and supervisors lock critical functions behind controlled permissions.
Flexible Deployment Underground
The HPA20 operates as a standalone unit or integrates directly with underground drill rigs — using onboard hydraulics or an optional 22 kW power pack with a 60-litre tank for sites needing extra capacity.
Its compact footprint, roughly 2.8 × 1.4 × 1.6 metres and 1,275 kg, makes placement in constrained underground environments manageable. It handles operating temperatures between 10°C and 45°C, covering the full range of conditions found in Australian underground operations.
Where the HPA20 Fits in Sandvik’s Broader Strategy
The HPA20 doesn’t arrive in isolation. Sandvik has pursued a consistent strategy of integrating automation, data, and safety across its underground portfolio.
The company’s investment in data-driven mining technology reflects a broader push to give mine operators real-time visibility into ground conditions and equipment performance. The HPA20 extends that logic into ground support — an area that has historically lagged behind drilling and haulage in terms of digital integration.
Beyond ground support, Sandvik continues to sharpen its edge across other equipment categories. Its new generation jaw crushers demonstrate the same focus on performance and reliability, while its Glencore-backed Newtrax collision avoidance system signals how seriously the company takes zero-harm underground environments.
Taken together, these developments paint a clear picture: Sandvik is building a connected, automated, safety-first underground ecosystem, and the HPA20 is one of its newest and most important pieces.
For mine operators across Australia evaluating ground support technology, the HPA20 represents one of the more complete answers to a problem that has cost the industry time, productivity, and in some cases, lives. It won’t replace good geotechnical judgement — but it will make acting on that judgement far more precise and far safer.
Frequently Asked Questions (FAQs)
Q1: What is the Sandvik HPA20 and what does it do?
Ans: The Sandvik HPA20 is an automatic hydraulic injection pump designed for underground resin-based ground support. It automates the mixing and injection of two-component silicate and polyurethane resins used to stabilise rock formations, secure anchors, and consolidate tunnel walls in hard-rock mining and civil engineering environments.
Q2: How does the HPA20 improve safety for underground mining operators?
Ans: The HPA20 features a fully sealed 2 × 300-litre resin container system that eliminates direct operator exposure to chemicals during filling and injection. It also includes automatic and manual flushing to prevent blockages, separate operator and supervisor access levels, and a self-calibrating control system that removes the guesswork from pressure, flow, and mixing ratio management.
Q3: Is the Sandvik HPA20 suitable for Australian underground mining operations?
Ans: Yes. The HPA20 suits a wide range of Australian underground operations, particularly hard-rock mines where onboard bulk resin systems aren’t viable. Its compact dimensions, flexible hydraulic integration options, and built-in data logging for QA/QC compliance align closely with Australia’s tightening underground mining safety regulations and documentation requirements.
Sources
- Sandvik Mining and Rock Technology
- Construction Equipment International
- Geomechanics.io
- Farmonaut
- Jennmar Australia
- Mining Safety News (AMSJ)
Disclaimer
… Read More → Read More: This Sandvik Pump Can Change How Australia Mines UndergroundBoss Energy Pushes Ahead on Gould’s Dam as Uranium Resource Surges 30% — What It Means for Investors
March 19, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 connection back to Honeymoon, similar to the East Kalkaroo model. Gould’s Dam, given its distance, will probably need a satellite processing facility, making it a more complex and longer-dated project.
The broader picture fits squarely into the growing narrative around Australian uranium prospects in the global rally of 2026, where domestic producers with scalable infrastructure hold a distinct edge.
Where the Share Price Sits — and What the Market Thinks
Current Trading Snapshot
BOE shares closed at $1.52, down 6.75% on the day of the announcement. The market’s reaction tells a story about where sentiment sits right now:
- Trading at $1.52 — sitting near the lower end of its 52-week range of $1.07 to $4.75, well off its highs
- Rough week and month — down 5.59% over the past week and 7.88% over the past month, reflecting near-term selling pressure
- 2026 has been marginally positive — up 3.75% year-to-date, suggesting some early-year recovery attempt before the recent pullback
- The one-year picture is sobering — shares have lost nearly 39% over 12 months, meaning investors who bought at the peak around $4.75 are sitting on significant losses
- Market cap of ~$631 million — still a meaningful mid-tier ASX resources stock, but a far cry from what it commanded at its 52-week high

Figure 2: Boss Energy Limited Share Price Performance
The stock sits well below its 52-week high of $4.75. For investors and analysts tracking the Boss Energy share price forecast, the gap between current price and historical highs reflects both broader uranium market softness and the early-stage nature of these satellite projects.
The upcoming catalyst schedule gives investors clear milestones to watch:
- Q3 CY2026 — Drilling commences at both deposits
- Q4 CY2026 — Permitting applications submitted
- Q3 CY2027 — Updated MRE and Pre-Feasibility Study
Those milestones mirror the kind of structured development timelines seen at other emerging Australian explorers. Investors interested in how other companies are managing similar expansion phases may find parallels in Resolution Minerals’ major 45-hole drilling campaign and the project development strategy outlined in the Emerald Resources investor presentation.
The Bottom Line
Boss Energy is building something real at Gould’s Dam and Jason’s Deposit. The resource upgrade validates years of drilling. The permitting machinery is moving. And the infrastructure at Honeymoon gives the company a structural cost advantage most junior developers simply don’t have.
But the timeline is long. Approval processes in South Australia are rigorous. And the share price already reflects considerable risk.
For anyone monitoring the Boss Energy share price forecast, the next six months, and those permitting applications, will tell investors a great deal about whether management can execute on what the geology is promising.
Frequently Asked Questions
1. What is the current Boss Energy share price and how has it performed recently?
Ans: As of 19 March 2026, BOE shares trade at $1.52 on the ASX. The stock is down 6.75% on the day, 5.59% over the past week, and 38.96% over the past 12 months. Despite the recent weakness, it has managed a modest gain of 3.75% for 2026 year-to-date.
2. When will Gould’s Dam and Jason’s Deposit actually go into production?
Ans: Boss Energy targets permitting applications in the second half of CY2026. From there, securing Mining Leases typically takes 18 to 24 months, followed by a further six to 12 months for PEPR approval. Realistically, neither deposit is likely to reach production before late 2028 or 2029 at the earliest — assuming the approvals process runs smoothly.
3. Why did the average uranium grade fall in the updated resource estimates?
Ans: The grade decline reflects a deliberate methodological improvement, not a deterioration of the deposit. Boss applied a permeability filter for the first time, removing material that isn’t amenable to ISR mining regardless of its uranium content. They also applied better geological interpretations learned from operating Honeymoon. The result is a leaner, more realistic resource — and the total contained uranium actually grew by 30% at Gould’s Dam despite the lower average grade.
Disclaimer
The information contained in this article is for general informational and educational purposes only. It does not constitute financial advice, investment advice, or any form of recommendation to buy, sell, or hold any security, including shares in Boss Energy Limited (ASX: BOE).
The content draws on publicly available information, including Boss Energy’s ASX announcements, company disclosures, and market data current as of 19 March 2026. While every effort has been made to ensure accuracy, we make no representations or warranties of any kind regarding the completeness, accuracy, or reliability of the information presented.
Share price data and forecasts discussed in this article are not guarantees of future performance. Mineral resource estimates are subject to geological, technical, and economic uncertainties and may change over time.
Readers should conduct their own independent research and seek advice from a licensed financial adviser before making any investment decisions. Past performance is not an indicator of future results.
Sources
- Boss Energy ASX Announcement
- Boss Energy Limited Corporate Website
- ASX Company Announcements — BOE
- Market Index
- Geoscience Australia
Disclaimer
… Read More → Read More: Boss Energy Pushes Ahead on Gould’s Dam as Uranium Resource Surges 30% — What It Means for InvestorsAustin Engineering Fixes the Chile Problem That Cost Millions
March 19, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 its engineering capability, and improving cash conversion across the Group.
Chile is just one front in a broader recovery effort. The Company has already overhauled local leadership, tightened steel yard controls, replaced underperforming subcontractors, and improved production scheduling. North America remains the strongest-performing region, with revenue growing 12% in the first half to more than $71 million.
Management has previously said it expects Chile to return to profitability in the fourth quarter of FY2026.
Investor Outlook
As of 18 March 2026, Austin Engineering Limited (ASX: ANG) shares were trading at approximately $0.197 per share, according to data from Fintel. The Company’s market capitalisation stood at roughly $121.37 million.
The resolution of the OEM contract dispute removes one of the more visible overhangs on Austin’s Chile earnings profile. While the initial order value is modest and does not shift FY2026 guidance, the establishment of workable commercial terms keeps the OEM relationship intact and opens a path toward sustainable margin recovery in South America.
For investors following the broader ASX mining equipment space, this development sits within the context of robust long-term demand for truck body replacement and maintenance services across Chile’s copper-heavy mining sector. As production volumes at major Chilean operations remain elevated, demand for Austin’s products is unlikely to soften materially.
Further updates on second-half Chile performance and FY2027 order flow will likely serve as key milestones for the market.
Also Read: Koala’s Founders Are Sitting on $117M. Now the Mattress Brand Wants Your Money Too
FAQ
Q: What is Austin Engineering’s Chile OEM contract?
A: Austin Engineering had a contract in Chile to manufacture OEM specification trays for a major equipment manufacturer’s local customers. The arrangement became loss-making due to pricing structures and operational inefficiencies, prompting Austin to suspend new orders and renegotiate terms.
Q: What are the new terms of the renegotiated contract?
A: The renegotiated contract includes a pricing adjustment intended to return the arrangement to targeted profitability for Austin, along with improved payment terms. Deliveries under the new terms are expected to begin from May 2026.
Q: How much is the initial purchase order under the new contract?
A: The initial purchase order under the renegotiated terms is valued at approximately $6.7 million and is expected to be executed principally in FY2027. Austin noted this amount is not material to FY2026 guidance.
Q: What impact did the old OEM contract have on Austin Engineering’s results?
A: The legacy OEM contract contributed to a negative EBITDA of $3.2 million in Chile for the first half of FY2026 and was a key factor in Austin Engineering revising its full-year guidance downward twice.
Q: Will Austin Engineering continue working with this OEM customer?
A: Yes. Austin Engineering expects the relationship to continue beyond the initial order, reflecting the customer’s strategic importance and Austin’s market position in Chile.
Source: Austin Engineering
Disclaimer
… Read More → Read More: Austin Engineering Fixes the Chile Problem That Cost MillionsEmerald Resources Provides Update on Production and Strategy
March 18, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 mid-tier segment of the global gold mining sector.
Also Read: St George Mining Appoints Principal Geologist
Outlook for Emerald Resources and the Gold Sector
The Emerald Resources Investor Presentation indicates a measured outlook based on operational continuity and financial discipline.
The Company’s emphasis on maintaining stable production and controlling costs reflects a broader industry shift toward sustainable mining practices and long-term value preservation.
Within the gold mining sector, companies demonstrating consistent performance are more likely to retain investor confidence, particularly during periods of market volatility.
Emerald Resources’ approach positions it alongside peers that prioritize operational reliability over expansion-driven growth.
This strategy may support resilience in fluctuating commodity cycles, although it remains influenced by external factors such as gold price movements and macroeconomic conditions.
At the same time, potential risks persist, including regulatory changes in operating regions and variability in production outcomes.
Opportunities may arise from resource expansion and efficiency improvements, particularly as demand for gold continues to be shaped by global economic uncertainty.
The Company’s current positioning reflects a balance between maintaining operational stability and pursuing gradual development within the evolving mining landscape.
FAQS
Q1: What was the main purpose of the Emerald Resources investor presentation?
A1: The presentation aimed to update stakeholders on operational performance, production outlook, and strategic priorities, with analysis from Euroz Hartleys.
Q2: How has Emerald Resources performed in terms of production?
A2: Emerald Resources reported stable output from its core gold mining operations in Southeast Asia, emphasizing operational efficiency and cost control.
Q3: What role did Euroz Hartleys play in the presentation?
A3: Euroz Hartleys provided analytical context on valuation and performance metrics, supporting investor interpretation of Emerald’s operational update.
Q4: How did the market react to the presentation?
A4: Shares traded at $5.750, down 0.519% on the day, with moderate volume and a narrow bid-offer range, reflecting steady investor engagement.
Q5: What are the key strategic priorities highlighted by Emerald Resources?
A5: Key priorities include optimizing existing operations, expanding exploration, maintaining cost discipline, and ensuring regulatory and environmental compliance.
Sources
https://www.asx.com.au/markets/company/EMR
Disclaimer
… Read More → Read More: Emerald Resources Provides Update on Production and StrategyGulf Aluminium Supply Disruption Drives New Orders to Alcoa
March 18, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
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 the Middle East and toward other markets also removes a key logistical uncertainty from its supply chain in the near term.
For those following the Midwest aluminium premium record and global aluminium markets, the pace at which Gulf smelters resume operations will be the critical variable. Until shipping through the Strait of Hormuz normalises, demand pressure on producers outside the region is likely to remain elevated, and Alcoa new aluminium orders could continue to build through the remainder of the year.
ALSO READ: Culpeo Minerals Strengthens Its Position at Lana Corina with Improved Earn-In Terms
Frequently Asked Questions
Q1. Why are Gulf aluminium production cuts happening?
Ans. Smelters reduced output after the Strait of Hormuz closure disrupted raw material supply following Middle East conflict.
Q2. How is Alcoa benefiting?
Ans. Alcoa is seeing increased spot orders and inquiries from buyers shifting away from Gulf suppliers.
Q3. What happened to Alcoa’s alumina shipments?
Ans. Around 4 million metric tons of alumina previously sent to the Gulf are being redirected, likely to China.
Q4. What is the Midwest aluminium premium record?
Ans. It hit a record US$1.10 per pound, reflecting tighter supply in the US market.
Q5. How did aluminium prices react?
Ans. Prices jumped to their highest since 2022 before easing slightly, while supply tightness persists.
Sources
Bloomberg News — Alcoa draws new aluminium orders as Gulf states curb production, 17 Mar 2026 https://www.bloomberg.com/news/articles/2026-03-17/alcoa-draws-new-aluminum-orders-as-gulf-states-curb-production
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… Read More → Read More: Gulf Aluminium Supply Disruption Drives New Orders to AlcoaTwo ASX Blue-Chips Are Bleeding Quietly as Oil Blows Past US$100 a Barrel
March 18, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 investors love it for exactly that stability.
But elevated fuel prices introduce a risk that toll road operators don’t face during normal conditions. Many road users can change to using alternative forms of transport, or increase their working-from-home hours, if the cost of driving spikes.
Others might opt for a train, bus, ferry or bicycle if fuel costs remain elevated. If US$100 oil persists through much of 2026, Transurban’s normally stable traffic volumes may take a hit.
Transurban’s toll increase mechanism helps partially offset softer demand. However, if fewer cars are on those roads, the volume side of the revenue equation weakens regardless of what toll rates do.
What the Market Context Says
The Middle East conflict and its impact on ASX market volatility is not a new theme for Australian investors. What’s different now is the scale and speed of the disruption.
There’s no shortage of oil globally, just a shortage of safe shipping routes. That distinction matters because it means prices could correct sharply if the conflict resolves or if the Strait of Hormuz reopens. But until that happens, both Woolworths and Transurban face cost and demand pressures that are likely to show up in their next reporting cycles.
Investors in both companies should watch diesel prices and traffic data closely over the coming months. ASX blue-chip stocks rarely collapse under a single external shock, but margin compression adds up over time.

National average retail fuel prices in Australia for the week ending March 15, 2026. [AIP]
Frequently Asked Questions
Q: Why do high oil prices hurt Woolworths?
A: Woolworths relies on diesel-powered trucks to move groceries from suppliers to distribution centres and then to stores across Australia. When diesel prices rise sharply, the company’s freight and logistics costs increase significantly. This either compresses profit margins or gets passed on to consumers through higher prices.
Q: Is Transurban directly exposed to oil prices?
A: Transurban doesn’t consume fuel as a core input, but it depends on motorists using its toll roads. When petrol prices stay high for an extended period, some drivers reduce discretionary travel, switch to public transport, or work from home more often. This can reduce traffic volumes on Transurban’s roads and weigh on revenue.
Q: How much has the ASX 200 fallen due to the oil shock in March 2026?
A: The S&P/ASX 200 Index has fallen approximately 6.5% through March 2026, driven by investor concern over the global economic impact of oil trading above US$100 per barrel following the closure of the Strait of Hormuz.
Q: What is the Strait of Hormuz and why does it matter for oil prices?
A: The Strait of Hormuz is a narrow waterway between Iran and Oman that connects the Persian Gulf to the Arabian Sea. Around 20% of the world’s oil supply passes through it daily. Its closure due to the US-Iran conflict has removed a significant portion of global oil supply from the market, driving prices sharply higher.
Q: Could oil prices come back down?
A: Possibly, and quickly, if the conflict de-escalates. Analysts note there is no fundamental shortage of oil globally, only a disruption to shipping routes. A resolution to the conflict or a reopening of the strait could bring prices back toward pre-conflict levels.
Disclaimer: This article is general in nature and does not constitute financial advice. We accept no responsibility for any claim, loss, or damage arising from the use of this information. Always consult a licensed financial adviser before making investment decisions.
Source:
Motley Fool Australia
Fortune.com
Australian Institute of Petroleum
Disclaimer
… Read More → Read More: Two ASX Blue-Chips Are Bleeding Quietly as Oil Blows Past US$100 a BarrelCulpeo Minerals Strengthens Its Position at Lana Corina with Improved Earn-In Terms
March 17, 2026• Company, Announcements, ASX, Australia, Culpeo, Culpeo Minerals Limited, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining Information, News, Pin Top Story, Top Stories, Top Story
Culpeo Minerals Limited (ASX: CPO, OTCID: CPORF) has announced an amendment to the Earn-In Schedule for its Lana Corina Project in Chile, deferring near and mid-term cash payments to preserve the Company’s cash position while maintaining the full terms of the original agreement. The announcement, released to the ASX on 16 March 2026, reinforces the Company’s commitment to advancing one of the most promising copper-molybdenum discoveries in Chile’s Coastal Cordillera.
...
Cannindah Resources Strikes High-Grade Gold-Copper in GAP Zone, Setting Stage for Significant Resource Upgrade
March 17, 2026• Home Top Stories, Announcements, ASX, Australia, Canada, Cannindah Resources Limited, Company, Daily News, Featured Business News, Greenland, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Cannindah Resources Limited (ASX: CAE) (“Cannindah” or the “Company”) has released initial results from its 2026 resource expansionary drilling program at the Cannindah Breccia, Mt Cannindah Project in central Queensland. Drillhole 26CRC011, targeting the strategically important “GAP” zone, intersected 94 metres at 1.11% copper equivalent (CuEq) from 178 metres depth, including a high-grade sub-interval of 54 metres at 1.61% CuEq from 204 metres.
The “GAP” zone represents 280m or nearly 50% of the total 600m strike length of the Cannindah Breccia and yet contains approximately 25% of the copper equivalent metal within the Mineral Resource (MRE). Defined by lower drill data density, sub-optimal drill orientation, and historical holes...
ASX: NHC Half-Year Results Presentation Highlights Show Profit Decline Amid Stable Coal Production
March 17, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 typical in commodity stocks, where investors weigh company results against the broader pricing backdrop rather than output numbers alone.
Also Read: St George Mining Delivers High-Grade Rare Earths and Niobium Hits at Araxá
15 Million Tonnes and the Road to Get There
New Hope is targeting saleable coal production of around 15 million tonnes per year over the longer term, driven by ramp-ups at New Acland and the Bengalla expansion. Both projects build on established infrastructure and existing operations, reducing execution risk compared to new developments.
Financial performance will track coal prices closely; that much is unchanged. But the production growth pipeline, active capital returns, and portfolio diversification across thermal and metallurgical coal give the company levers to pull through the current down-cycle.
FAQs
Q1. What are the key highlights of the ASX: NHC Half-Year Results Presentation?
A1. New Hope’s first-half FY26 results were headlined by a steep earnings drop. Underlying EBITDA fell 58.5% to $214.8 million, and net profit after tax came in 84.0% lower at $54.3 million. Production and sales held up reasonably well through the period, and the company paid a 10.0 cents per share fully franked interim dividend.
Q2. Why did New Hope Corporation’s profits decline in FY26?
A2. Falling coal prices were the main culprit. The average price dropped from around US$136 per tonne to US$108 per tonne year-on-year, a $28 swing that cut straight through margins and dragged earnings down sharply.
Q3. How did New Hope perform operationally during the period?
A3. Fairly well, all things considered. Run-of-mine production dipped slightly to 7.9 million tonnes, saleable coal nudged up to 5.5 million tonnes, and sales reached 5.6 million tonnes. Demand from export markets stayed solid throughout.
Q4. What dividend did New Hope announce?
A4. The company declared a fully franked interim dividend of 10.0 cents per share, a meaningful return to shareholders given the profit pressures the business was absorbing at the time.
Q5. How did the market react to the results?
A5. Not well initially. Shares fell 6.698% to $4.945 on results day, with over 4.8 million shares changing hands. The selloff reflected both the weaker earnings print and softer sentiment across coal stocks more broadly.
Q6. What are the company’s main growth projects?
A6. Three projects are doing the heavy lifting: the Bengalla Mine expansion, the New Acland Mine ramp-up targeting 5 million tonnes per year, and the Maxwell Mine, which is being developed toward around 6 million tonnes per year of coal production.
Q7. What is the outlook for New Hope Corporation?
A7. The company is pushing toward 15 million tonnes of annual production over the longer term, leaning on its existing operations and infrastructure to get there. How quickly earnings follow will largely depend on where coal prices land, but the production growth story remains intact.
Sources:
https://company-announcements.afr.com/asx/nhc/3ae093dd-217e-11f1-9ffb-ea1571523a19.pdf
https://www.asx.com.au/markets/company/NHC
Disclaimer
… Read More → Read More: ASX: NHC Half-Year Results Presentation Highlights Show Profit Decline Amid Stable Coal ProductionHorizon Minerals Closes $175M Placement as SPP Adds $4.65M to Black Swan War Chest
March 17, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 Boorara, Burbanks, and other sites sit within trucking distance of the plant.
Horizon’s CEO Grant Haywood put it plainly in the SPP results announcement: “The additional funds raised from the SPP will supplement the transformational placement completed earlier in the month, as the Company progresses development of the Black Swan processing hub.”
The company also confirmed an estimated unaudited cash balance of $114.1 million as of 6 March 2026, which includes a $10 million joint venture distribution from the Phillips Find Gold Project and the $20 million final payment from the sale of Lake Johnston.
Those following Horizon share price news will note this cash position excludes the $120 million from Tranche 2 of the placement, which remains pending shareholder approval.
Much like BHP and Rio Tinto’s competing strategies for expansion efficiency at Port Hedland, Horizon’s capital-raising approach reflects how Australian miners must think carefully about funding structure when committing to large-scale infrastructure builds.
How the Share Price Has Responded
Horizon Share Price News: Recent Performance Snapshot
The Horizon share price news heading into mid-March 2026 tells a mixed story. After trading near $1.23 before the placement launched, the stock has pulled back as dilution from the capital raising flowed through.
| Metric | Value |
| Last Price | $0.96 |
| Change (Day) | +$0.04 (+4.35%) |
| 1-Week Performance | -5.88% |
| 1-Month Performance | -22.27% |
| 2026 Year-to-Date | -20.99% |
| 1-Year Return | +3.23% |
| vs. Sector (1yr) | -27.21% |
| vs. ASX 200 (1yr) | -6.37% |
| Market Capitalisation | $246,140,553 |
The near-term weakness reflects the significant share issuance, roughly 162 million new shares added to the register. That dilution weighs on the price in the short term, even when the strategic rationale is clear.
Over a 12-month horizon, the stock still shows a modest 3.23% gain. Whether that trend continues depends largely on execution at Black Swan. Analysts note that Horizon doesn’t need to build a processing plant from scratch, it simply needs to deliver on its refurbishment timeline.
For context, the bull case at current gold prices above A$5,000 per ounce looks compelling. Horizon’s existing operations at Boorara continue to generate cash flow, with the project alone expected to produce around A$30 million in free cash flow at current gold prices — a meaningful buffer that sets it apart from pure-development peers.
The same discipline around capital deployment and strategic positioning shows up in how other ASX-listed companies have navigated leadership transitions, as seen in the Pro Medicus senior management appointments in 2026, where structured growth planning drove investor confidence.
Also Read: Australian Gold Stocks 2026: ASX 200 Miner Eyes 44% Upside
What Comes Next
Eyes on the 7 April EGM
Horizon’s next major milestone is the Extraordinary General Meeting on 7 April 2026. Shareholders will vote on:
- Approval for Tranche 2 of the placement (~$120 million)
- Potential placement of Shortfall Shares from the SPP
- Director participation under ASX Listing Rule 10.11
If shareholders approve Tranche 2, Horizon will have fully funded the Black Swan project and sits in a strong position to begin construction activity at scale in mid-2026.
The company’s development pathway at Black Swan mirrors the kind of staged, resource-backed growth strategy that has worked for other Western Australian gold producers. For investors tracking Horizon share price news, the EGM outcome and subsequent construction milestones will serve as the key re-rating catalysts through the rest of 2026.
Underground gold development is never without risk, as the experience of operators like Pantoro Gold at its third underground mine at Mainfield demonstrates — but Horizon’s infrastructure advantage and funded balance sheet give it a head start that many developers simply don’t have.
This article is for informational purposes only and does not constitute financial advice. Always conduct your own due diligence before making investment decisions.
Frequently Asked Questions (FAQs)
Q1: What is Horizon Minerals using the $175 million placement funds for?
Ans: Horizon Minerals is directing the capital raised through its $175 million institutional placement — topped up by the $4.65 million SPP — toward developing the Black Swan Processing Hub near Kalgoorlie, Western Australia. The company plans to refurbish the existing 2.2 Mtpa concentrator into a gold CIL circuit, targeting construction to begin in mid-2026 and first gold pour by mid-2027.
Q2: What does the latest Horizon share price news tell us about investor sentiment?
Ans: The Horizon share price has pulled back around 22% over the past month, which largely reflects the dilution from issuing roughly 162 million new shares through the placement. That kind of short-term pressure is common after large capital raisings. The 12-month return still sits in positive territory at 3.23%, and many investors will look to the 7 April Extraordinary General Meeting and early construction milestones at Black Swan as the next meaningful re-rating triggers.
Q3: Could shareholders have participated in the Horizon Minerals capital raise?
Ans: Yes, retail shareholders got that opportunity through the Share Purchase Plan. Eligible shareholders with a registered address in Australia or New Zealand could apply for up to $30,000 worth of new shares at $1.08 each, the same price institutional investors paid. The SPP closed on 10 March 2026 and raised $4.65 million, with 4,306,909 new shares set for issue on 17 March 2026.
Sources
- Horizon Minerals ASX Announcement
- Sharecafe
- Sharecafe
- Mining.com.au
- Mining.com.au
- Mining.com.au
- Stocks Down Under
Disclaimer
… Read More → Read More: Horizon Minerals Closes $175M Placement as SPP Adds $4.65M to Black Swan War ChestVulcan Advances Lionheart After Lithium Licence Approval
March 17, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
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 as electric vehicle adoption accelerates across the European Union. Integrated, low-carbon projects such as Lionheart represent a new model for how lithium mining works at scale, combining resource extraction with renewable energy co-production to support both supply chain resilience and decarbonisation targets.
Vulcan Share Price
Vulcan Energy Resources (ASX: VUL) is currently trading at $3.030 per share. The Company carries a market capitalisation of A$1.43 billion. The 52-week range stands at $2.980 to $7.520 per share.

Figure 4: Vulcan Energy Resources (ASX: VUL) share price performance over the past year [Courtesy: ASX]
Future Direction and Impact
The Vulcan Lionheart project update positions the Company as a front-runner in Europe’s critical minerals push. With the LiThermEx licence secured, construction underway, and further lithium production licences planned across the broader Lionheart area, each milestone brings the 2028 production target closer to reality.
For those tracking lithium licence approval news out of Europe, Vulcan’s progress is directly relevant to the broader question of how lithium mining works within a fully integrated, geothermal-powered model. The next milestones to watch are the additional licence approvals across the Lionheart footprint and ongoing construction progress toward the targeted 2028 start of commercial production.
ALSO READ: St George Mining Delivers High-Grade Rare Earths and Niobium Hits at Araxá
Frequently Asked Questions
Q1. What is the Vulcan Lionheart project update announced on 17 Mar 2026?
Ans. Vulcan Energy Resources (ASX: VUL) announced it has been issued its first lithium production licence, designated LiThermEx, for the Lionheart Project in Germany’s Upper Rhine Valley Brine Field. It is the first such licence granted in the URVBF and in the state of Rhineland-Palatinate.
Q2. What does the lithium licence approval news mean for Lionheart’s timeline?
Ans. The approval is a significant step toward the targeted start of commercial production at Lionheart in 2028. The LiThermEx licence is granted for an initial six years, with Vulcan intending to extend it to a minimum of 30 years in line with the Lionheart Project Field Development Plan.
Q3. How does lithium mining work at the Lionheart Project?
Ans. Vulcan extracts lithium from naturally heated geothermal brines beneath the Upper Rhine Valley using its proprietary VULSORB technology. The geothermal heat powers the lithium conversion process, and surplus renewable energy is sold into the local market, supporting a carbon-neutral production model.
Q4. What is the Lionheart Project targeting in terms of production?
Ans. Phase One targets 24,000 metric tonnes of lithium hydroxide monohydrate per annum, enough for approximately 500,000 electric vehicle batteries each year. The Project also targets 275 GWh of renewable power and 560 GWh of renewable heat per annum for local consumers over a 30-year project life.
Q5. What funding is in place for the Lionheart Project?
Ans. Lionheart is backed by a EUR2.2bn (A$3.9bn) financing package executed in December 2025. The Company has made its Final Investment Decision, and construction is currently underway.
Sources
Vulcan Energy Resources Limited — ASX Announcement: Vulcan secures lithium production licence for Lionheart, 17 Mar 2026
ASX Market Data — Vulcan Energy Resources Limited (ASX: VUL) https://www.asx.com.au/markets/company/VUL
Disclaimer
… Read More → Read More: Vulcan Advances Lionheart After Lithium Licence ApprovalPerseus to Sell Meyas Sand Project Stake for $260M
March 16, 2026• Home Top Stories, Announcements, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 and divestment options in a lengthy review, Perseus concluded that selling the asset made more strategic sense. The company wants to redeploy internal resources toward its existing growth opportunities — most notably Nyanzaga in Tanzania.
The deal also delivers a financial win. The US$260M purchase price allows Perseus to recover its original acquisition cost and all subsequent project expenditure while booking a gain.
Key reasons behind the decision:
- Ongoing armed conflict in Sudan blocking development progress
- Desire to refocus capital and personnel on core African assets
- Nyanzaga development in Tanzania requiring management bandwidth
- Opportunity to strengthen the balance sheet with a clean cash injection
Upon Completion of the Deal
Timeline and Key Dates
Perseus signed the SPA on 16 March 2026, receiving the US$10M deposit at signing. The remaining US$250M falls due on completion, currently agreed for Wednesday, 22 April 2026.
There are no conditions precedent to completion. That removes a significant layer of execution risk and gives shareholders clarity on the expected timing of the cash inflow.
Which Assets Perseus Retains, and What Comes Next
The Core Portfolio Stays Intact
The sale does not affect Perseus’s reported group JORC resource and reserve estimates. The MSGP was classified as a foreign estimate under ASX Listing Rules, not reported under the JORC Code — so its removal from the portfolio carries no impact on Perseus’s official resource base.
Perseus continues to operate:
- Edikan Gold Mine: Ghana
- Sissingué Gold Mine: Côte d’Ivoire
- Yaouré Gold Mine: Côte d’Ivoire
- Nyanzaga Gold Project: Tanzania (development stage, targeting Q1 2027 first gold)
The Nyanzaga project now sits front and centre as Perseus’s primary development focus.
Investors paying attention to the broader critical minerals and mining sector may also want to follow closely how other explorers are positioning themselves. Recent activity from St George Mining and its Araxa Principal Geologist offers useful context on how exploration companies approach project development at scale. Similarly, St George Mining’s high-grade rare earths results highlight the strong pipeline of mineral discovery activity running parallel to major divestment stories like the Perseus Mining $260M deal.
How the Proceeds Benefit Shareholders
Balance Sheet Strength and Capital Returns
Perseus flagged two clear uses for the incoming US$260M:
- Strengthening the balance sheet — The company already carries a strong financial position. Adding this cash further cements its ability to fund organic growth without dilution.
- Additional capital returns to shareholders — Perseus explicitly stated it will consider returning capital to shareholders, though it stopped short of committing to a specific mechanism or quantum.
The market reaction on announcement day told a more complicated story. Perseus shares fell, dragged lower by a broader pullback in gold prices that pushed the S&P/ASX All Ordinaries Gold index more than 4% lower on the day. The deal itself wasn’t the culprit — macro commodity movements overshadowed the announcement in the short term.
Over the medium term, however, the Perseus Mining $260M deal positions the company well. A cleaner portfolio, a stronger balance sheet, and a development pipeline anchored in more stable jurisdictions gives Perseus a clearer growth narrative heading into the second half of 2026.
The Advisers Behind the Transaction
Perseus appointed Cutfield Freeman & Co as financial adviser and Corrs Chambers Westgarth as legal adviser.
Matrix Group worked with Admiralty Harbour Capital as financial adviser and Zhong Lun Law Firm as legal adviser.
Final Takeaway
The Perseus Mining $260M deal represents a disciplined exit from a high-quality but currently inaccessible asset. Sudan’s ongoing armed conflict made near-term development unviable, and Perseus moved sensibly to monetise the project at a price that covers its full investment and returns a book gain.
With completion set for 22 April 2026, shareholders can expect significant cash to hit the balance sheet before the end of next month, and a management team with its attention fully redirected toward Nyanzaga and its producing mines across West Africa.
Frequently Asked Questions (FAQs)
Q1: What is the Perseus Mining $260M deal about?
Ans: Perseus Mining signed a Share Purchase Agreement to sell its 70% group interest in the Meyas Sand Gold Project in Sudan to Hong Kong Matrix Golden Fortune Mining Limited for a total cash consideration of US$260 million, with completion scheduled for 22 April 2026.
Q2: Why did Perseus Mining sell the Meyas Sand Project?
Ans: Perseus sold the Meyas Sand Project primarily due to the protracted armed conflict in Sudan, which blocked any meaningful development progress. After reviewing both development and divestment options, Perseus concluded that selling the asset and reallocating resources to its core African mines and the Nyanzaga Gold Project in Tanzania was the better strategic move.
Q3: How will Perseus Mining use the $260M proceeds from the Meyas Sand sale?
Ans: Perseus plans to use the US$260M in proceeds to further strengthen its balance sheet and consider additional capital returns to shareholders. The company also intends to redirect internal resources toward its existing development opportunities, particularly the Nyanzaga Gold Project in Tanzania, targeting first gold in Q1 2027.
Sources
Disclaimer
… Read More → Read More: Perseus to Sell Meyas Sand Project Stake for $260MSt George Mining Appoints In-Country Principal Geologist to Advance Mine Planning at the Araxá Rare Earths-Niobium Project
March 14, 2026• Company, Announcements, ASX, Australia, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, ST George Mining, Top Stories, Top Story, Trending News, USA
St George Mining Limited (ASX: SGQ) (“St George” or “the Company”) has appointed Ms Carla Grasso as Principal Geologist to its in-country team at the advanced Araxá Rare Earths-Niobium Project in Minas Gerais, Brazil. The appointment follows last week’s major resource upgrade and signals a clear shift from exploration into the early stages of mine planning and economic study.
A Geologist Who Already Knows the Ground
Ms Grasso brings over 21 years of experience in resource geology and mining operations within Brazil. Her professional history includes 15 years at the Araxá phosphate mine, located adjacent to St George’s Project in the Barreiro Carbonatite. She served as a...
Kingsland Minerals Advances Leliyn Graphite Project After Positive Scoping Study Results
March 13, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
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 Capitalisation: $7.79 million
- Trading Volume: 16,786 shares
- Bid / Offer Range: $0.085 – $0.090

Kingsland Minerals Limited Share Price [ASX]
The Company remains a small-cap explorer, with investor attention focused on the ongoing development of the Leliyn Graphite Project.
Also Read: Tesla’s Next Big Bet: Can AI and Robotaxis Offset EV Headwinds?
Future Outlook for the Leliyn Graphite Development
Looking ahead, Kingsland Minerals Limited plans to continue drilling and technical studies to expand the mineral resource base at the Leliyn deposit. Only around 23% of the identified strike length has been drilled to date, suggesting further exploration potential.
The Company is also assessing opportunities to move further into the battery materials supply chain by refining graphite into high-purity spherical graphite used in lithium-ion battery anodes.
If additional feasibility work confirms the project’s economics, the Leliyn development could become a new source of battery-grade graphite supply and strengthen Australia’s position in the global critical minerals market.
FAQs
- What is the Leliyn Graphite Project?
Ans. The Leliyn Graphite Project is a graphite development project in Australia’s Northern Territory being advanced by Kingsland Minerals Limited. The project aims to mine and process graphite ore to produce graphite concentrate used in industrial and battery applications.
- Why is graphite important for the global economy?
Ans. Graphite is a critical mineral used in lithium-ion batteries, particularly in battery anodes for electric vehicles and energy storage systems. Demand for graphite is increasing as countries expand electric vehicle production and renewable energy infrastructure.
- What were the key findings of the scoping study?
Ans. The scoping study indicated that the project could produce around 662,000 tonnes of graphite concentrate over an estimated 6.9-year processing period. The study also projected lifetime revenue of about A$1.05 billion.
- Who has invested in Kingsland Minerals Limited?
Ans. Quinbrook Infrastructure Partners has invested in KINGSLAND MINERALS LTD through capital raising activities, increasing its stake and signalling strategic interest in the Company’s graphite development plans.
- What is the current market performance of KINGSLAND MINERALS LTD?
Ans. Shares of KINGSLAND MINERALS LTD recently traded at $0.085, with a market capitalisation of $7.79 million and a trading volume of 16,786 shares, according to the latest market snapshot.
Disclaimer:
This article is published by Colitco for informational and news reporting purposes only. The content is based on publicly available information and company disclosures. It should not be considered financial, investment, or trading advice. Readers are encouraged to conduct their own research and seek guidance from a licensed financial advisor before making any investment decisions.
Sources:
https://www.asx.com.au/markets/company/KNG
Disclaimer
… Read More → Read More: Kingsland Minerals Advances Leliyn Graphite Project After Positive Scoping Study ResultsOra Banda’s Little Gem: Why It Is a Standout Gold Asset in 2026
March 12, 2026• Investment News, ASX, Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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, and 3.0 metres at 9.3 g/t gold including 1.0 metre at 21.2 g/t gold. These results confirm the ongoing growth potential of the broader region along the Little Gem Trend.
Management Comments on Scale and Organic Growth Potential
Luke Creagh Flags Maiden Resource Estimate on Track
Managing Director Luke Creagh described the drill results as confirmation of the scale and quality of the Little Gem system. He said exploration step-outs at the Sapphire Trend and Sunraysia Prospect demonstrate the outstanding potential of the area.
Mr Creagh stated the work being done is a reminder of the enormous organic growth potential of the Company’s ground. Ora Banda Mining looks forward to delivering a maiden mineral resource estimate for Little Gem in the second half of the 2026 calendar year.
Industry Outlook
Australian gold mining news continues to attract strong investor attention in 2026, supported by elevated gold prices and growing demand for domestic production. Western Australia remains the country’s most active gold exploration jurisdiction, with mid-tier Companies advancing high-quality discoveries toward resource definition. The trend toward near-mine organic resource growth, demonstrated by the expansion at Little Gem across multiple parallel trends, reflects a broader industry shift toward in-ground discovery as a value driver.
Ora Banda Share Price
Ora Banda Mining (ASX: OBM) is currently trading at $1.442 per share. The Company carries a market capitalisation of $2.72 billion. The 52-week range stands at $0.620 to $1.720 per share.

Figure 5: Share price performance of Ora Banda Mining Limited (ASX: OBM) over the past year. [Courtesy: ASX]
Future Direction and Impact
The Ora Banda Mining Company profile at Little Gem is developing rapidly, with the addition of the Sapphire Trend and the Sunraysia extension significantly widening the exploration window. The maiden mineral resource estimate expected in the second half of 2026 will be the next key milestone.
For those following Australian gold mining news, the Little Gem system now presents a multi-trend, multi-lode discovery with mineralisation open in all directions. The Ora Banda exploration update released on 12 Mar 2026 reinforces the Company’s position as one of the more active and results-driven gold explorers in Western Australia this year.
ALSO READ: St George Mining Enters ASX All Ordinaries Index on the Back of Major Resource Upgrade at Araxá
Frequently Asked Questions
Q1. What is the Ora Banda Mining Company profile at Little Gem?
Ans. Ora Banda Mining (ASX: OBM) is advancing the Little Gem Prospect as part of its Davyhurst Gold Project in Western Australia. The system has now been confirmed at more than 1,500 metres of strike and 750 metres below surface, with a maiden mineral resource estimate expected in the second half of 2026.
Q2. What did the latest Ora Banda exploration update confirm?
Ans. The update confirmed expansion of the Little Gem Prospect’s mineralised envelope and the discovery of the Sapphire Trend, a new parallel lode system located 200 metres east of Little Gem. Over 150 drill holes have been completed, and drilling is ongoing.
Q3. What are the standout drill results from the Little Gem Trend?
Ans. Key intercepts include 10.0 metres at 6.9 g/t gold, including 2.0 metres at 26.9 g/t, and 6.0 metres at 11.3 g/t gold, including 1.0 metre at 60.0 g/t. The Sapphire Trend returned intercepts of 10.2 metres at 4.2 g/t gold, including 0.4 metres at 39.5 g/t gold.
Q4. What is the Sapphire Trend and why does it matter for Australian gold mining news?
Ans. The Sapphire Trend is a newly confirmed mineralised structure running parallel to Little Gem, located 200 metres to the east. It has not yet been specifically targeted by a dedicated program, meaning it represents significant upside for Ora Banda Mining beyond the already expanding Little Gem system.
Q5. When will Ora Banda Mining deliver its maiden resource estimate for Little Gem?
Ans. Ora Banda Mining has guided for the maiden mineral resource estimate for the Little Gem Prospect to be delivered during the second half of the 2026 calendar year. Drilling remains ongoing as of the date of the announcement on 12 Mar 2026.
Disclaimer
This article is intended for informational purposes only and does not constitute financial or investment advice. All content is based on the ASX announcement released by Ora Banda Mining Limited on 12 Mar 2026, approved for release by the Ora Banda Board of Directors. Exploration results are reported as downhole lengths; true widths have not been determined. Investing in securities involves risk, including the possible loss of principal. Readers should conduct their own research and seek independent financial advice before making any investment decisions. Colitco does not hold any position in the companies mentioned.
Sources
Ora Banda Mining Limited — ASX Announcement: Drilling Expands Little Gem, New Sapphire Trend Discovered, 12 Mar 2026
ASX Market Data — Ora Banda Mining Limited (ASX: OBM) https://www.asx.com.au/markets/company/OBM
Disclaimer
… Read More → Read More: Ora Banda’s Little Gem: Why It Is a Standout Gold Asset in 2026Queensland Vanadium Region About to Reshape Global Supply Chains
March 11, 2026• Homepage, Australia, Daily News, Energy, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 Park in Townsville, is a critical piece of the puzzle that benefits every vanadium project in the province, not just one company.
Construction and commissioning of the facility are scheduled for completion in late 2026. Once completed, companies will be able to access the facility to trial extraction and production processes.
The facility allows smaller vanadium companies without the capital to build their own processing infrastructure to access commercial-scale production capabilities. The Queensland Government estimates North Queensland’s critical mineral reserves at a staggering $500 billion in value.
CopperString: Connecting the Province to the Grid
The $5 billion CopperString 2032 project, a 1,100-kilometre high-voltage electricity transmission line from Townsville to Mount Isa, will connect the North West Minerals Province to the national electricity grid for the first time. For energy-intensive vanadium processing, affordable and reliable power is non-negotiable. CopperString removes one of the last major infrastructure barriers standing between the province and commercial production.
Who’s Driving the Projects Forward
QEM: A Dual-Commodity Model
QEM’s Julia Creek project stands out not just for its vanadium scale but for its dual-commodity design. The same ore body that produces vanadium pentoxide contains up to 654 million barrels of in-situ oil equivalent, offering a second revenue stream that improves project economics considerably.
The project aims to produce 10,571 tonnes of high-purity vanadium pentoxide and 313 million litres of transport fuel per annum over a 30-year mine life.
QEM managing director Gavin Loyden put the strategic case clearly: “The adoption of vanadium flow batteries is accelerating around the world and Queensland is uniquely positioned to establish a ‘pit to battery’ manufacturing industry.”
RVT: Targeting BFS Completion in 2026
Richmond Vanadium Technology completed a significant 2025 drilling program and continues to advance its bankable feasibility study (BFS), targeting completion in the second half of 2026.
RVT executive chair Brendon Grylls said the 2025 work “positions the company to tighten project economics and approvals.” The company is also developing a vanadium flow battery demonstration in partnership with Rongke Power to strengthen market access ahead of production.
CMG and the Grant-Backed Supply Chain Push
Critical Minerals Group recently received a $900,000 progress payment under its $2.7 million grant agreement with the Department of Industry, Science and Resources. The company achieved key milestones, including pilot plant test work, processing flowsheet development, environmental field studies, and completion of front-end engineering for its vanadium electrolyte manufacturing facility.
How This Reshapes Global Supply Chains
Breaking China and Russia’s Grip
Right now, China and Russia control roughly 70 per cent of global vanadium supply. Around 70 per cent of production is associated with vanadium-rich slags generated during iron ore smelting or oil refining, predominantly in China and Russia.
That concentration is a strategic liability for every country building renewable energy infrastructure or upgrading steel standards. The Queensland vanadium corridor, with its massive primary mining deposits and government-backed downstream processing, offers the most credible alternative supply chain outside those two nations.
Investors tracking this kind of geopolitical shift away from Chinese commodity dominance will recognise the pattern. The same dynamic that has reshaped iron ore investment theses is now playing out in critical minerals, with vanadium at the front of the queue.
From Mine to Battery: The End-to-End Ambition
What separates Queensland’s vanadium push from raw mineral exports is the ambition to capture the entire value chain domestically.
The strategy links:
- Mining at Julia Creek and Richmond
- On-site vanadium pentoxide processing
- Electrolyte production in Townsville
- Flow battery assembly for global energy storage markets
Vecco Group’s chief executive confirmed the plan directly: “By establishing a vanadium industry here in Queensland, multiple mines and battery manufacturing facilities can be supported, enabling export opportunities for locally manufactured vanadium and the battery electrolyte.”
This is the kind of pit-to-port model that investors in Queensland’s bauxite export sector will recognise, where proximity to infrastructure and government coordination transforms a mineral resource into a durable export industry.
Which Risks Still Deserve Attention
Not everything is straightforward. The vanadium market remained subdued through much of 2025, with prices for vanadium pentoxide trading in a relatively narrow range across the US, China, and Europe. Oversupply from China and Russia continued to cap upward price momentum.
The sector also faces a skilled labour shortage in North Queensland. Transitioning workers from coal-sector roles into vanadium processing is a technically demanding process — a challenge the Queensland Government has tried to address with a $3 million workforce development program.
And project timelines matter. Early works in 2026 and production in 2028 are aspirational targets, not guarantees. Permitting, environmental assessment, and financing all carry execution risk.
For investors looking at broader ASX small-cap critical minerals exposure, understanding how individual stocks perform within the All Ordinaries benchmark is worth considering — emerging miners on the ASX often move dramatically on project milestone news, and vanadium stocks in particular have shown that volatility.
The Bottom Line
Queensland’s North West Minerals Province is not a speculative play anymore. It hosts multiple world-scale vanadium deposits, a state government that has put serious capital behind the industry, and an infrastructure pipeline, CopperString, the Common User Facility, and the Townsville electrolyte plant, designed to move the sector from exploration to production.
The vanadium investment Queensland story in 2026 is about meeting timing readiness. Global demand for long-duration energy storage is accelerating. Western governments want to diversify away from Chinese-controlled critical mineral supply chains. And Queensland has both the geology and the policy architecture to fill that gap.
Whether you’re watching this as an investor, a policymaker, or a regional job seeker, the same conclusion holds: this region is no longer quietly waiting for its moment. It’s building toward it, one facility at a time.
Frequently Asked Questions (FAQs)
1. Why is Queensland’s Julia Creek–Richmond region important for vanadium?
Ans: The Julia Creek–Richmond corridor in North West Queensland hosts several world-scale vanadium deposits. Projects like the Julia Creek Vanadium and Energy Project, Lilyvale deposit, and Lindfield project position the region as a potential major global supplier of vanadium.
2. How large are Australia’s vanadium reserves?
Ans: Australia holds the largest vanadium reserves in the world, estimated at around 8.5 million tonnes in 2024, according to the US Geological Survey. A significant portion of these resources is located in Queensland’s North West Minerals Province.
3. What industries drive global demand for vanadium?
Ans: Vanadium demand is mainly driven by steel production, where it strengthens rebar and structural steel, and energy storage, particularly through vanadium redox flow batteries (VRFBs) used for large-scale renewable energy storage systems.
4. Which companies are developing vanadium projects in Queensland?
Ans: Several ASX-listed companies are advancing projects in the region, including QEM Limited, Richmond Vanadium Technology (RVT), and Critical Minerals Group (CMG). These companies are developing large vanadium resources within the Julia Creek–Richmond corridor.
5. How is the Queensland Government supporting the vanadium industry?
Ans: The Queensland Government is supporting the sector through investments and infrastructure, including funding for Vecco Group’s vanadium electrolyte plant in Townsville, the Queensland Resources Common User Facility, and the CopperString 2032 transmission project.
6. How could Queensland’s vanadium industry reshape global supply chains?
Ans: Currently, about 70% of global vanadium production comes from China and Russia. New mining and processing projects in Queensland could diversify supply and create an alternative Western vanadium supply chain for steel and energy storage industries.
Sources
- Australian Mining
- Australian Mining
- Australian Mining
- Queensland Government Ministerial Media Statements
- Queensland Coordinator-General
- Investing News Network
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… Read More → Read More: Queensland Vanadium Region About to Reshape Global Supply ChainsBerkeley Energia Releases Half-Year Financial Results
March 11, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 (before July 2026) to reply to the claim. The company is still showing readiness to settle the permitting controversy by negotiating with Spanish officials.

Arbitration proceedings against Spain remain central to Berkeley Energia’s strategy. [Courtesy: ASX]
What Comes Next After The Berkeley Energia Half-Year Report?
The half-year report of Berkeley Energia specifies some priorities during the period. The company is seeking approvals that can enable it to build the Salamanca uranium mine. It also intends to increase exploration in Spain for lithium and other battery metals.
The Conchas Project is geologically modelled in order to facilitate the possible resource estimation. Berkeley is also evaluating other opportunities in the resources sector in terms of development and investments.
Nonetheless, the management does not ignore risks associated with allowing approvals, commodity prices and regulation changes associated with uranium exploration.
Also Read: Orica Shares in Focus After First-Half Business Update
FAQs
Q1. What is the Berkeley Energia performance update?
A1: It refers to the company’s interim financial results for the half year ended 31 December 2025.
Q2. Did Berkeley Energia report a profit or loss?
A2: The company reported a net loss of $3,446,000, compared with a $831,000 profit during the previous year.
Q3. How strong is Berkeley Energia’s cash position?
A3: The company held $68,408,000 in cash reserves at 31 December 2025 and reported no debt.
Q4. What is the Salamanca uranium project?
A4: It is Berkeley Energia’s flagship uranium development in western Spain, capable of producing over four million pounds of uranium annually.
Disclaimer:
This article is for informational purposes only and is based on publicly available disclosures from Berkeley Energia Limited. Colitco does not provide financial advice or investment recommendations. Readers should conduct their own research or consult a qualified financial advisor before making any investment decisions based on this information.
Sources:
- Berkeley Energia Limited Interim Financial Report – Half Year Account
- Berkeley Energia Limited Quarterly December Report
Disclaimer
… Read More → Read More: Berkeley Energia Releases Half-Year Financial ResultsMetro Mining Operational Update: What Investors Should Know
March 11, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 the year as the “sweet spot” for the operation, noting that Bauxite Hills benefits from better weather and tidal conditions from mid-year onward. The mid-March shipping ramp-up sets the foundation for what Metro expects to be a strong performance across the remainder of 2026.
Market Conditions: Soft Short-Term, Constructive Longer-Term
Short-Term Market Weakness
The broader bauxite market has softened in the first quarter of 2026. A well-supplied global market and weak alumina prices have weighed on sentiment. However, the picture is not uniformly negative, and this Metro Mining operational update points to several factors providing downstream pricing support.
Aluminium Price Strength and Freight Market Disruption
Aluminium prices have risen to four-year highs. Middle East disruption continues to push up fuel costs and risk premiums, while altering global shipping routes. These dynamics have lifted seaborne freight costs, putting pressure on higher-cost West African producers and potentially reducing their competitive advantage against well-positioned Australian exporters like Metro.
Long-Term Demand Drivers
The direct impact on bauxite supply and demand volumes remains limited for now. But the competitive pressure on West African supply chains is strengthening the relative position of Australian producers. Metro, with its low operating costs and proximity to Asian markets, benefits from this structural advantage.
Longer term, the aluminium sector continues to attract demand growth of around 3 to 4 per cent annually, driven by EV manufacturing, renewable energy infrastructure, battery production, and lightweight transportation. As bauxite is the primary ore used to produce aluminium, that demand underpins Metro’s strategic outlook.
Fixed Contracts Underpin Q2 2026 Schedule
Metro’s Q2 2026 production and shipping schedule is locked in. The company’s offtake agreements and long-term freight contracts, which include fixed charter and bunker fuel rates, give Metro a significant degree of cost certainty in a volatile global freight environment.
Those contracts cover major global alumina and aluminium producers, including Chalco, Emirates Global Aluminium, Xinfa Aluminium, and Shandong Lubei Chemical. The contracted offtake position for 2026 stands at 6.1 million WMT, providing substantial revenue visibility.
Securing more than 85 per cent of agreed delivered volumes through contracts of affreightment means Metro is largely insulated from spot freight rate volatility, a meaningful advantage when Middle East tensions and rerouted shipping lanes are driving up maritime costs globally.
Full-Year 2026 Guidance and What It Means for Investors
Shipment Guidance and Growth Targets
Metro has confirmed its calendar year shipment guidance for 2026 at 6.6 to 7.1 million WMT. That range marks a step up from the 2025 target of 6.5 to 7 million WMT — a target the company was well on track to meet, having shipped 3.4 million WMT year-to-date by August 2025.
Expansion and Capacity Optimisation
Wensley has been explicit about the company’s 2026 priority: extracting maximum value from its 7-million-tonne expansion, which the company announced and funded in late 2022. Debottlenecking and optimisation studies are also underway to potentially push production toward 8 Mtpa beyond 2026.
Cost Position Among Global Producers
From a cost perspective, Metro is targeting delivered bauxite costs below US$30 per dry tonne CIF China, firmly in the lowest quartile of global producers. That cost position, combined with long-term offtake agreements and fixed freight contracts, makes the company’s earnings profile relatively resilient in the current softening market.
Australia’s National Bauxite Output Outlook
Australia’s broader bauxite output trajectory also reflects well on Metro. National bauxite production is forecast to lift from 102 million tonnes in 2024–25 to around 110 million tonnes in 2026–27, supported by new projects and sustained output at existing operations.
Australia’s Broader Resources Activity Mirrors the Momentum
Rising Exploration and Development Activity
Metro Mining’s progress reflects a broader trend of operational confidence across the Australian resources sector. Investors tracking ASX-listed miners are watching a range of resource companies push exploration and production milestones forward in 2026.
Recent Examples Across the Sector
For example, Cannindah Resources has expanded its Mt Cannindah porphyry project, demonstrating the continued appetite for copper-gold porphyry exploration in Queensland. Separately, St George Mining has delivered a 75 per cent resource upgrade, underlining the value that targeted drilling can unlock. And on the processing infrastructure front, Resolution Minerals has progressed its Idaho mill acquisition, a reminder that securing processing capacity is as critical as finding the ore in the ground.
Community Impact and Indigenous Employment
Regional Employment Contribution
Metro Mining’s Bauxite Hills operation carries social significance well beyond its production figures. The company employs more than 300 people, with around 80 per cent of its workforce based in North Queensland and Cape York. By 2022, the company had exceeded its Traditional Owner employment target of 30 per cent, with its indigenous workforce climbing to 35 per cent.
Relationship with Traditional Owners
Metro maintains productive agreements with the Traditional Owners of the land on which it operates. That relationship-first approach has been a consistent part of the company’s operating model since the mine opened in April 2018, and it continues to underpin community confidence in the project.
What to Watch in 2026
Key Operational Milestones Ahead
The Metro Mining operational update dated 11 March 2026 paints a constructive picture for the year ahead. Operations have restarted, maintenance is complete, and the Ikamba remains on track to resume duties before the end of April. Shipping volumes will ramp up from mid-March, supported by chartered geared vessels in the interim.
Key Indicators for Investors and Industry
Investors and industry observers will look closely at a few key markers over the coming months:
- Whether the Ikamba returns to service on schedule by end of April
- How Q2 shipping volumes track against the 6.6–7.1 million WMT full-year guidance
- Whether aluminium prices sustain their four-year highs and filter through to improved bauxite pricing
- Progress on debottlenecking studies targeting 8 Mtpa capacity beyond 2026
For a company running one of Australia’s lowest-cost bauxite operations with a strong customer base and secured freight contracts, this latest Metro Mining operational update reflects the confidence of a business well-placed to capitalise on the long-term energy transition demand for aluminium.
Investor Outlook for Metro Mining Limited (ASX: MMI)
Metro Mining’s share price recently closed at $0.066, gaining $0.002 (+3.13%) in the latest session. Despite the daily rise, the stock has shown mixed momentum across different timeframes:
- 1 Week: -4.35%
- 1 Month: 0.00% (flat performance)
- 2026 Year-to-Date: -13.16%
- 1 Year: +29.41%
Relative performance shows the stock has underperformed its broader mining sector over the past year by 10.58%, but it has outperformed the S&P/ASX 200 by 18.67% during the same period.
The market capitalisation of the company is approximately $405.6 million and with this much market cap, Metro Mining sits firmly within the mid-tier resource producer category on the ASX.
Frequently Asked Questions (FAQs)
1. What is the latest operational update from Metro Mining Limited about the Bauxite Hills Mine?
Ans: The latest operational update confirms that Metro Mining has restarted operations at the Bauxite Hills Mine in Cape York, North Queensland, after the annual wet season shutdown. The company completed maintenance across its mining fleet, pontoon, and Barge Loading Facility and has resumed production as part of its 2026 operating season.
2. What is Metro Mining’s shipment guidance for 2026?
Ans: Metro Mining has reaffirmed its 2026 shipment guidance of 6.6 to 7.1 million wet metric tonnes (WMT) of bauxite. This represents a slight increase compared to the 2025 target of 6.5 to 7 million WMT and could mark another record shipment year for the company if achieved.
3. Why is the Ikamba transhipper important for Metro Mining’s operations?
Ans: The OFT Ikamba offshore floating transhipper plays a crucial role in loading bauxite onto large export vessels at the Bauxite Hills Mine. The vessel is currently undergoing scheduled dry-dock refurbishment, and Metro expects it to return to operations before the end of April 2026, which should support higher shipping volumes for the remainder of the year.
4. How has the Metro Mining share price performed recently on the ASX?
Ans: Shares of Metro Mining Limited recently (as of 11 March 2026) traded around $0.066 on the ASX, with a market capitalisation of about $405 million. While the stock is down more than 13% year-to-date in 2026, it has delivered over 29% gains over the past year, outperforming the broader S&P/ASX 200 during that period.
5. Who are Metro Mining’s key bauxite customers?
Ans: Metro Mining supplies high-grade bauxite to major global aluminium producers under long-term offtake agreements. Key customers include Aluminum Corporation of China Limited (Chalco), Emirates Global Aluminium, and Xinfa Aluminium Group, providing revenue stability and shipment visibility.
6. What is bauxite and why is it important for the aluminium industry?
Ans: Bauxite is the primary ore of aluminium and is generally represented by the chemical formula Al₂O₃·nH₂O, which indicates hydrated aluminium oxide. A commonly cited form is hydrated aluminium oxide written as Al₂O₃·2H₂O or sometimes Al₂O₃·H₂O. Rather than being a single mineral, bauxite also contains varying amounts of silica, iron oxide, titania, aluminosilicates, and other minor or trace impurities.
It is refined into alumina and then smelted to create aluminium metal. Because aluminium is widely used in industries such as electric vehicles, renewable energy systems, construction, and transportation, global demand for bauxite remains closely linked to the growth of these sectors.
7. Where is bauxite mined in Australia?
Ans: Australia is the second-largest producer of bauxite globally, behind Guinea, and is known for hosting some of the world’s highest-quality deposits. The sector plays an important role in supporting the country’s competitiveness in global resources markets and contributes to the supply chain for the clean energy transition.
Most of Australia’s bauxite resources are concentrated in three major regions: Western Australia, Queensland, and the Northern Territory. According to data from 2012, Queensland accounted for about 61% of the nation’s Economic Demonstrated Resources (EDR), while Western Australia held roughly 35% and the Northern Territory around 4%.
Sources
Disclaimer
… Read More → Read More: Metro Mining Operational Update: What Investors Should KnowOrica Shares in Focus After First-Half Business Update
March 10, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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 greater margin opportunities.
It has been observed by industry observers that mining companies are increasingly implementing digital monitoring systems as a way to achieve better productivity, safety and environmental compliance.
These trends help in the strategic direction of Orica, which involves the integration of explosives supply with data-led blasting solutions to the mining activities worldwide.
What Does The First-Half Update Mean For Investors?
Investors are keeping an eye on the Orica financial results for FY2026 as the update is a combination of a high level of operational performance and huge accounting adjustments.
The management of the company pointed out that the 2024 momentum is carried over into the present financial year. The high demand in its core segments has placed Orica in a position to realise greater EBIT as compared to the previous year.
Simultaneously, the reorganisation of the operations in Latin America and EMEA helps to see how multinational mining service providers have to struggle with the process of adjusting to the conditions in the regions.
The analysts are of the opinion that the underlying growth in the blasting technologies and specialty chemicals is still positive in long-term shareholder value. The firm will distribute more information in its investor presentations and announcements of future financial results.

Investors track Orica shares after the company released its first-half FY2026 update. [Courtsey: ASX]
What Happens Next For Orica After The First-Half Update?
Going forward, Orica anticipates the same growth trend to persist in the second half of the financial year, provided the outside factors are held constant. The management noted continued acquisitions integration, e.g. Terra Insights and Cyanco, that enhance global technology and chemical supplies within the company.
The firm also goes on investing in the new blasting systems and digital platforms to enhance efficiency for mining customers. As mining exploration and support infrastructure activity continues to expand around the world.
Orica seeks to remain a world leader in commercial explosives and supporting technologies. Market participants will be tracking future earnings announcements and investor happenings to gain more understanding of the financial perspective and strategic focus of the company.
Also Read: Orica Investor Calendar 2026: Key Dates Every Shareholder Should Know
FAQs
Q1. What is Orica known for in the mining industry?
A1: Orica is a global provider of commercial explosives, blasting systems, and mining chemicals used in resource extraction.
Q2. Why are Orica shares in focus recently?
A2: Shares gained attention after the company released its first-half FY2026 business update outlining strong operations and impairment charges.
Q3. What caused the impairment charges in the update?
A3: Impairments relate mainly to restructuring and asset adjustments in Latin America and EMEA operations.
Q4. How could Orica’s strategy affect future growth?
A4: Expansion in digital mining technologies and specialty chemicals may support higher margins and long-term growth.
Disclaimer:
This article is for informational purposes only and does not constitute financial advice. Readers should conduct independent research or consult a licensed financial adviser before making investment decisions.
Sources
- Orica Limited – First Half Business Update Announcement – https://clients3.weblink.com.au/clients/orica/headline.aspx?headlineid=3689084
- Orica Operation Support Image- https://www.mining-outlook.com/media/Orica-EMEA-Main-jpg.webp
- Mining Explosive Image- https://cdn.open-pr.com/L/9/L924722685_g.jpg
- Orica Share Trend Image- https://www.asx.com.au/markets/company/ORI
Disclaimer
… Read More → Read More: Orica Shares in Focus After First-Half Business UpdateFortescue Expands Copper Portfolio with Alta Deal
March 10, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
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 and Impact of the Canariaco Copper Project
With 100 per cent ownership now confirmed, Fortescue’s next steps will focus on technical assessments and community relations at the Canariaco Copper Project. The studies to be advanced will determine the Project’s development pathway and timeline.
For investors tracking Fortescue corporate developments, this acquisition signals a deliberate pivot into copper and critical minerals. The copper project updates that follow in the coming months will be closely watched as a gauge of how aggressively Fortescue intends to develop the asset.
Frequently Asked Questions
Q1. What has Fortescue acquired through the Alta Copper deal?
Ans. Fortescue has acquired 100 per cent of Alta Copper Corp., gaining full ownership of the Canariaco Copper Project in Northern Peru. The acquisition was completed on 10 Mar 2026 via a Canadian Plan of Arrangement.
Q2. How much did Fortescue pay for Alta Copper Corp.?
Ans. Alta Copper shareholders received C$1.40 per share in cash, implying a total equity value of approximately C$139 million. The deal was executed through Fortescue’s wholly owned subsidiary, Nascent Exploration Pty Ltd.
Q3. Where is the Canariaco Copper Project located?
Ans. The Canariaco Copper Project is located in Northern Peru within an emerging porphyry copper corridor. The Project covers 91 square kilometres and hosts several deposits.
Q4. What are Fortescue’s next steps for the Canariaco Copper Project?
Ans. Fortescue will focus on technical reviews, community engagement, and advancing the studies needed to inform future development decisions at the Project.
Disclaimer
This article is intended for informational purposes only and does not constitute financial or investment advice. All content is based on publicly available information and verified announcements. Investing in securities involves risk, including the possible loss of principal. Readers should conduct their own research and seek independent financial advice before making any investment decisions. Colitco does not hold any position in the companies mentioned.
Sources
ASX Announcement: Fortescue Completes Acquisition of Alta Copper, 10 Mar 2026
Bloomberg – Fortescue corporate signage image
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iIzf7J37lXYo/v1/-1x-1.webp
Accesswire (via Yahoo Finance) – Alta Copper corporate material
https://s.yimg.com/os/en/accesswire.ca/7f07db6b3fae93b77ea60d1a88a83939
Alta Copper – Canariaco Copper Project image
https://altacopper.com/wp-content/uploads/2024/08/IMG_0901-1.jpg
Fortescue – Gus Pichot leadership profile image
https://www.fortescue.com/_next/image?url=https%3A%2F%2Fcontent.fortescue.com%2Ffortescue17114-fortescueeb60-productionbbdb-8be5%2Fmedia%2Fproject%2Ffortescueportal%2Fshared%2Fimages%2Fprofile-photos%2Fboard-and-leadership%2Ffy25-gus-pichot.jpg%3Fh%3D4336%26iar%3D0%26w%3D6500&w=3840&q=75
ASX – Fortescue Ltd (ASX: FMG) market data page
https://www.asx.com.au/markets/company/FMG
Disclaimer
… Read More → Read More: Fortescue Expands Copper Portfolio with Alta DealSt George Mining Enters ASX All Ordinaries Index on the Back of Major Resource Upgrade at Araxá
March 9, 2026• Announcements, ASX, Australia, Canada, Company, Daily News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, ST George Mining, Top Stories, Top Story, Trending News, United Kingdom, USA
St George Mining Limited (ASX: SGQ) (“St George” or “the Company”) has reached a notable milestone in its corporate development, with S&P Dow Jones Indices confirming the Company’s inclusion in the S&P/ASX All Ordinaries Index effective prior to the open of trading on Monday, 23 March 2026.
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Australia’s corporate watchdog has had enough. After years of waiting for Liberty Bell Bay to lodge its financial reports, the Australian Securities and Investments Commission (ASIC) filed court action on Friday to forcibly wind up the Tasmanian smelter company. The regulator says Liberty Bell Bay has not lodged annual financial reports since 2021. That’s five straight years of silence.
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March 6, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
China’s state-backed iron ore buyer has widened its purchasing restrictions on BHP Group (ASX: BHP) to include the miner’s most important Pilbara products, escalating a dispute that has now dragged on for more than five months with no resolution in sight.
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Cannindah Resources Expands Southern Porphyry Footprint as Mt Cannindah Delivers Broad Copper-Gold Intercepts
March 6, 2026• Company, Announcements, ASX, Australia, Canada, Cannindah Resources Limited, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
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March 5, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
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St George Mining Delivers 75% Resource Upgrade at Araxá, Cementing Its Place Among the World’s Top Rare Earths Developers
March 3, 2026• Company, ASX, Australia, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, News, Pin Top Story, Sectors, ST George Mining, Top Stories, Top Story
St George Mining Limited (ASX: SGQ) has achieved a major milestone at its 100%-owned Araxá Rare Earths-Niobium Project in Brazil, releasing a substantially upgraded Mineral Resource Estimate (MRE) that marks a decisive step toward becoming a significant non-Chinese supplier of rare earth elements and niobium.
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March 3, 2026• Homepage, Australia, Canada, Daily News, Greenland, Home Top Stories, Latest, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
If you filled up your tank this week, you already know something has changed. The national average price for 91-octane unleaded petrol sat at 172.9 cents per litre in the final week of February, according to the Australian Institute of Petroleum. That number will climb. Possibly fast.
The US and Israel launched strikes on Iran over the weekend of 28 February. By Monday, oil prices Australia drivers track had already spiked more than nine per cent globally. The Strait of Hormuz, the narrow chokepoint through which roughly one-fifth of the world’s traded oil moves, now sits in open dispute after Iran’s Revolutionary Guard claimed to have closed it.
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March 3, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
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War, Oil and a Market Walking a Tightrope: The Australian Stock Market Today
March 2, 2026• Home Top Stories, Australia, Canada, Daily News, Energy, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom, USA
The S&P/ASX 200 barely moved on Monday, gaining just 2.3 points, a whisker of 0.03%, to close at 9,200.90. On the surface, that sounds boring. But beneath that flat headline number, the Australian stock market today experienced one of its most dramatic internal rotations in months.
This was not a calm day. This was a day where geopolitical shockwaves hit the market like a stone hitting still water; the ripples pushed energy stocks to multi-month highs while simultaneously dragging technology and financial stocks underwater. The index only looked steady because those forces cancelled each other out.
Don’t mistake stillness for stability.
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Odyssey Gold Ltd (ASX: ODY) advances Tuckanarra with 407,000oz resource and fast-track plans
March 2, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Odyssey Gold Ltd. (ASX: ODY) has outlined a fast-track development strategy for its flagship Tuckanarra Project in Western Australia, supported by an initial 407,000-ounce gold Mineral Resource and fresh capital to accelerate drilling and technical studies.
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Resolution Minerals Completes Mill Acquisition to Fast-Track U.S. Critical Minerals Production
March 2, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Resolution Minerals Ltd, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Resolution Minerals Ltd (ASX: RML; OTCQB: RLMLF) has formally completed the acquisition of the Johnson Creek Tungsten & Antimony Mill in Idaho, USA, a milestone the Company describes as “transformational”.
The deal also covers approximately 2,000 tonnes of historic tungsten ore stockpiles, water rights, electrical infrastructure, and some 25 acres of private land.
The announcement was released to the ASX on 2 March 2026, marking the culmination of a strategic push that began when Resolution first flagged its intention to acquire the asset in October 2025.
What the Company Has Secured
The completed acquisition delivers a comprehensive operational package well beyond a simple mill purchase. Resolution Minerals has secured:
- The ...
Red Hill Minerals Posts Strong Half-Year Profit and Active Exploration Progress
March 2, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Red Hill Minerals Limited (ASX: RHI) is building real momentum. The Company has reported a strong set of RHI financial results for the half year ended 31 December 2025, backed by a surging royalty income and active drilling across multiple Projects.
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ASX Falls as Gold and Oil Prices Spike on Middle East Conflict
March 2, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
The Australian sharemarket is under pressure today. A dramatic escalation in the Middle East has sent shockwaves through global markets, lifting gold price Australia and oil while dragging the broader ASX lower.
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Challenger Gold Vs Traditional Gold Mines: Toll Milling Vs Full Mill
March 2, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
The Australian gold industry is moving towards lean development patterns and accelerated cash flow. Toll milling is also a preferred method of junior producers as opposed to expensive standalone mills.
This method reduces the capital intensity and lowers the risk in the projects at inception. Challenger Gold is using that model in offshore and drawing the attention of investors in gold mining in Australia.
It has embarked on ore haulage in Argentina in one of its projects, the Hualilan project, with a direct move towards production and revenues in the near future.
Instead of having to wait until a complete plant was built, the ore is currently shipped to a third-party processor. This option shortens the timelines, and capital is saved as production increases gradually.
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Mining Stocks Are Winning Over Tech In 2026 – Australian Mining Stocks 2026
March 2, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
On Monday, energy and minerals shares monopolised the Australian market. Australian Securities Exchange was being well rotated to resources, and technology was receding.
The stocks of energy minerals rose by almost 5 per cent at noon. The name of oil and gas production also increased by nearly 5 per cent. The rallied crude prices initiated by tensions in the world market saw investors scramble after producers.
The issue of supply was reborn after the war in the Middle East. Meanwhile, eight countries of the OPEC+ decided to restart increasing oil production. Such a combination of strained feelings and increased valuations.
Traders preferred the strength of the cash flows to the growth multiples. The move marked a new faith in hard assets and commodities.
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Seven Up, Four Down: Inside the ASX’s Messy but Meaningful Friday Close
February 28, 2026• Home Top Stories, ASX, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
Australian shares closed Friday, 27 February, with a familiar tension: most sectors moved higher, but the ones that fell did so loudly. The S&P/ASX 200 added 23 points to finish at 9,198.60, up 0.25% for the day. More tellingly, the index wrapped up its strongest February since 2019, gaining 3.5% for the month and briefly touching an all-time high of 9,202.90.
Seven of eleven ASX sectors finished in the green. Four finished in the red. That split matters. It tells investors that the gains driving Australian shares higher in 2026 do not belong to the whole market, they belong to a specific set of sectors with specific tailwinds. Knowing which side of that line you sit on makes all the difference.
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When the Vaults Crack from Within: What the Loan Fraud Probe Means for Australia’s Big Four Banks
February 28, 2026• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Scams, Top Stories, Top Story, Trending News, United Kingdom, USA
In financial institutions, we often hear about different frauds and scams. However, something significant happened in Australian banking this week. Commonwealth Bank, the country’s largest lender, reported itself to police and the corporate regulator after uncovering roughly A$1 billion worth of suspected fraudulent home loans. That is not a typo. One billion dollars in loans that may never have been legitimate in the first place.
But CBA did not stand alone in that uncomfortable spotlight. Westpac and ANZ quickly joined NAB and CBA in flagging suspected bogus borrowing through their own channels. Suddenly, the loan fraud investigation gripping Australia ceased to look like one bank’s problem. The Australia big four banks now share both the scrutiny and the reputational fallout, and that changes the nature of the challenge entirely.
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Australian Banks vs US Banks: Who Offers Better Home Loan Rates in 2026?
February 28, 2026• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom, USA
Borrowers in Australia and the United States face different home loan markets in 2026. Australian mortgage rates remain high after continued policy tightening. In the United States, long-term fixed rates hold near 6% but show mild easing. This report compares headline rates, product structures and regulatory settings to explain how each market prices housing credit.
Interest Rate Benchmarks in Australia and the United States
Australia’s benchmark rate rose to 3.85% on 3 February 2026 after a decision by the Reserve Bank of Australia. The central bank said inflation pressures and resilient household demand justified the move. Governor Michele Bullock stated the board would continue to assess incoming data before making further adjustments.
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Carbonxt Group Posts 15.7% Revenue Growth in HY26, Margin Expansion Points to Stronger Year Ahead
February 27, 2026• Carbonxt, Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Indian Company Posts, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
Carbonxt Group Limited (ASX: CG1) (“Carbonxt” or “the Company”) has released its half-year results for the period ended 31 December 2025, reporting revenue of $8.50 million, a 15.7% increase on HY25’s $7.35 million. The result reflects continued contracted sales coverage, an improved product mix, and tighter cost management across the business.
The headline numbers tell a steady story. Gross margins reached 54% for the half, up five percentage points from 49% in the prior corresponding period. Net cash from operating activities turned positive at $0.66 million for the period.
These figures arrive as the Company’s flagship Kentucky activated carbon facility edges closer to sustained commercial...
APA Group Secures $459.5 Million Basslink Revenue Approval
February 27, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
APA Group (ASX: APA) has received the Australian Energy Regulator’s (AER) final determination on its Basslink revenue proposal, marking a key update in APA Group news. The decision grants total revenue of $459.5 million over four years, from 1 Jul 2026 to 30 Jun 2030.
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Platina Resources Drills into a Golden Opportunity as Phase 2 Campaign Kicks Off in Western Australia
February 27, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Platina Resources, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Platina Resources Limited (ASX: PGM) (“Platina” or the “Company”) has pulled the trigger on its Phase 2 aircore drilling program at the Mt McKenna Gold Project, launching a 4,500-metre campaign in the Laverton district of Western Australia. The Company confirmed the news on 27 February 2026, sending its share price jumping 13.33% to $0.034, capping a remarkable 61.90% gain over the past twelve months.
The move arrives at a time when Australian gold explorers and producers could not ask for a more favourable backdrop. With global gold demand breaking all-time records and Australian export earnings on track to hit $60 billion this financial year, the timing for Platina’s accelerated program is hard to ignore.
Phase 2: Testing the Full Extent of a 1.5km Mineralised Structure
The...
What Are ASX Tech Shares And Why They Still Matter In 2026 – Australian Tech Shares 2026
February 26, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest Daily News, Latest News, Mining Information, News, Pin Top Story, Top Stories, Top Story, Trending News
The Australian tech shares for 2026 have not been left out as the key component in the modern portfolios, despite an unsteady year in growth stocks, since technology is now at the centre of daily business practices and is not at the periphery.
Investors have observed the industry crash on valuation concerns and AI upheaval, but software, cloud computing, cybersecurity and automation demand keep growing in industries.
Most companies can not operate without the use of digital tools, governments have come to rely on secure data systems, and consumers are living more online.
Thus making the ASX technology stocks resemble infrastructure rather than speculation. This change in structure is the reason why long-term investors continue to closely follow the space despite acute selloffs and sentiment changes.
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Cleanaway H1 Results 2026: Revenue Up, Guidance Upgraded, Contract Resources Outperforms
February 26, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Cleanaway Waste Management Limited (ASX: CWY) delivered a strong set of numbers for the six months ended 31 December 2025. Growth came from two places: the core solid waste business executing well on price and efficiency, and the Contract Resources acquisition landing ahead of expectations.
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Why Mining Stocks Are Going Up in 2026
February 26, 2026• Home Top Stories, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Global investors pour capital into the mining sector as 2026 begins. Resource companies report record earnings across multiple commodity groups. Market analysts track a significant surge in valuations for Australian and international miners.
Commodity Prices Reach Historic Levels
The price of gold recently surpassed $4,600 per ounce. Central banks continue to accumulate bullion to diversify reserves. This demand supports a 64 per cent rise in gold prices over the past year.
Copper prices currently trade near $11,000 per tonne on the London Metals Exchange. Data centres for artificial intelligence drive this consumption. A single large facility requires 50,000 tonnes of copper for electrical systems.
Lithium demand grows by 16 per cent annually. Electric vehicle manufacturers secure long-term supply contracts with miners. Battery energy storage systems also require massive quantities of lithium and graphite.
Iron ore remains a...
Retirement Dividend Income: How LICs Power Retiree Income Stocks On The ASX
February 24, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest Daily News, Latest News, Mining Information, News, Pin Top Story, Top Stories, Top Story, Trending News
The retirement dividend income can be described as a constant cash payment in terms of shares used to supplement living expenses after employment, and listed investment companies pay this amount in terms of diversified portfolios under the management of professionals on the ASX.
The LIC is a listed investment company, or LIC, which is traded similarly to a share, but which invests in a broad range of equities, bonds, property and other securities, providing a large level of exposure through a single purchase and assisting long-term dividend investors to retirees who want to predict their cash flow.
Since LICs are closed-end vehicles, they do not redeem units upon withdrawal, and this allows managers to remain invested and concentrate on long term outcomes instead of being forced to sell.
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IGO Market Outlook 2026 Signals Clear Battery Metals Growth Path
February 24, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
At the BMO Global Metals Conference, IGO Limited had described narrowing its target to battery minerals. The management emphasised a disciplined growth strategy and cost management.
The group focused on mining and metallurgical skills in nickel, copper, lithium and cobalt. A good balance sheet facilitates the second step of growth.
Cash reserves are close to USD300M, and this supports the capital soundness. This platform, according to the leadership, is the basis of the IGO market outlook 2026 and future returns.
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Why Australian Gold Stocks 2026 Could Rally On Strong Production Growth
February 23, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest Daily News, Latest News, Mining Information, Pin Top Story, Top Stories, Top Story, Trending News
Renewed investor interest in Australian gold stocks in 2026 is seen as one of the ASX 200 gold stocks that presents the potential for a high upside. The confidence in the sector is being boosted by the broker support and the growth of output.
A price target is now projected onto one miner that would translate into an approximate 44 per cent in the course of a year.
Analysts opine that the setup portrays greater earnings, greater gold prices, and greater depth of resources. The momentum underscores the reasons why gold stocks of the ASX 200 remain excellent defensive investments in volatile markets.
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Why White Gold Ranked in TSXV Top 50 2026
February 21, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Not every gold explorer gets noticed. But when one climbs to the top of a list featuring over 1,600 companies, it is worth paying attention. White Gold Corp (TSXV: WGO) has been named one of the top 50 companies on the TSX Venture Exchange for 2025, and the reasons behind that recognition tell a bigger story about what the Company is building in Canada’s Yukon territory.
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Perseus Mining Doubles Dividend as Gold Output and Cash Reserves Power H1 FY26 Results
February 20, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Perseus Mining (ASX: PRU) is sitting on a strong half-year result, and the numbers tell a compelling story. The Perseus Mining H1 FY26 has reported revenue of US$608.5 million and profit after tax of US$185.5 million for the half-year ended 31 December 2025. On the back of this, the Company doubled its interim dividend to $5 cents per share, up 100% from the prior period.
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Qube Holdings Half-Year Results Show Earnings Strength
February 20, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
In its Qube Holdings half-year results for FY 26, Qube Holdings Limited recorded a good momentum due to higher volumes and focused implementation in its logistics and ports.
Underlying revenue increased to $2,359.4m, which rose by 12.9% on H1 FY25, with underlying EBITDA also rising by 7.0% to 319.2m. Underlying EBITA rose by 9.8 to $196.3m and underlying NPATA rose by 10.1 to $157.5m. Bertha EPSA increased to 8.86 cents, 9.8 per cent.
The performance was attributed to organic growth and recent acquisitions by the management. Sector headwinds and weather upheavals in certain areas were also offset through diversifying the portfolio.
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Santos Locks In 10-Year Gas Deal to Fuel Whyalla Steelworks’ Green Iron Ambition
February 20, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Santos Limited (ASX: STO) has executed a binding term sheet with the South Australian government to supply 200 petajoules of gas over 10 years, throwing its weight behind one of Australia’s most significant industrial transformation projects.
The agreement will see Santos deliver 20 petajoules of gas per year from 1st March 2030, delivered ex-Moomba from the Cooper Basin. It is designed to power the conversion of the Whyalla Steelworks from coal-fired blast furnace operations to a low-emissions green iron facility using direct reduced iron (DRI) technology.
The deal is subject to a fully formed gas supply agreement being executed by 30th...
The Role of Capital Markets in Funding Critical Minerals Like Copper
February 18, 2026• Home Top Stories, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Copper does not just sit in wires and pipes. It sits at the heart of the global energy transition. Every electric vehicle, every solar panel, every wind turbine needs it. But before copper reaches any of those applications, someone has to find it, drill for it, fund it, and build it. That is where capital markets come in and their role of capital markets in critical minerals like copper has never been more consequential.
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BlueScope Responds to Revised Takeover Bid From SGH and Steel Dynamics
February 18, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
BlueScope Steel Limited (ASX: BSL) finds itself at a defining moment. On 18 Feb 2026, the Company confirmed it had received a revised, unsolicited proposal from a consortium comprising SGH Limited (ASX: SGH) and Steel Dynamics, Inc. (NASDAQ: STLD). The BlueScope takeover response marks the second time the Board has faced this consortium, and this time, the offer arrives stamped as “best and final.”
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Top ASX Growth Stocks for Long-Term Investment
February 17, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Top Stories, Top Story, Trending News
Markets rarely sit still for long. One week it’s AI disruption dominating headlines; the next it’s geopolitical tensions or sharp swings in commodity prices. For investors, that constant noise can make it difficult to separate short-term drama from long-term opportunity.
Yet beneath the volatility, some trends show very little change. Businesses with strong fundamentals, clear competitive advantages, and exposure to structural growth themes continue to attract serious capital. Quality companies with durable tailwinds tend to hold their ground, and often emerge stronger.
Recent insights from leading Australian fund managers, along with growth forecasts and insider ownership data, highlight where conviction is building. Small-cap resources, energy security plays, industrial enablers, wealth platforms, and select structural growth names are increasingly shaping long-term portfolios.
Here’s a closer look at the ASX growth stocks investors are backing for...
Australian ETF Market Breaks Records as 2025 Inflows Hit $53 Billion
February 17, 2026• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest Daily News, Latest News, Mining Information, News, Pin Top Story, Sectors, Top Stories, Top Story, Trending News
Australia’s exchange-traded fund (ETF) market recorded its strongest year on record in 2025, with net inflows reaching approximately $53 billion. Betashares confirmed the figure in its annual review, reporting a 76% increase compared with 2024. The surge lifted total ETF assets under management (AUM) to about $330–$331 billion by the end of the year.

Australian ETF market records $53 billion...
ASX Corporate Governance Reforms Drive Simpler Rulebook Plan
February 17, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest Daily News, Latest News, Mining Information, News, Pin Top Story, Top Stories, Top Story, Trending News
ASX Ltd, the market operator of Australia, has initiated a new drive towards simplification of the governance standards of listed companies, and ASX corporate governance reforms have become the centre of regulatory debate.
Its new advisory body, led by former Reserve Bank of Australia head Philip Lowe, has given itself a sharp target of achieving an agreement on streamlined principles by the end of 2026.
The change comes after a larger governance council was abolished and augers a new, faster decision-making process. According to investors, the changes are considered an effective exercise aimed at reducing complexity without compromising accountability.
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Resolution Minerals Uncovers Additional Gold and Significant Tungsten at Golden Gate North
February 17, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Resolution Minerals Ltd, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Resolution Minerals Ltd (ASX: RML | OTCQB: RLMLF) has strengthened its 2025 drilling success at the Horse Heaven Project in Idaho, USA, after identifying additional broad gold mineralisation and a significant tungsten intercept at Golden Gate North. The latest assay results confirm near-surface gold across multiple reverse circulation (RC) holes and strong mineralisation in the final diamond core hole of the season.
The Company has now completed its 2025 drilling campaign at Golden Gate, with every hole intersecting gold mineralisation. Management believes the Golden Gate Fault Zone now hosts a major open-ended gold discovery with associated tungsten potential.
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Sims Limited FY26 Performance Delivers Strong First Half Results
February 17, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Good first-half numbers were reported by Sims Limited, even though the commodity markets were mixed. The revenue stands at 3,778.6 million, an increase of 3.7%.
EBITDA underlying improved by 24.0 to become 249.8 million. Sub EBIT increased by 65.9 per cent to $121.1 million. Underlying NPAT increased by 70.9 per cent to $60.0million.
The margins increased in major operations. The management attributed pricing discipline and efficiency. The interim dividend increase was 40 per cent to 14 cents per share.
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X Outage Disrupts Access as Tens of Thousands Report Service Failure Worldwide
February 17, 2026• Canada, Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Top Stories, Top Story, Trending News, United Kingdom, USA
X experienced a major outage on February 16, 2026, disrupting access for users across the United States and several other countries. The social media platform, formerly known as Twitter, failed to load posts and refresh feeds for thousands of users during peak morning hours.
Data from Downdetector showed that complaints in the United States surged to more than 41,000 around 8:40 a.m. Eastern Time. Users reported problems with both the mobile app and the website. The spike marked a sharp increase from earlier reports that began with only a small number of complaints before escalating rapidly.
Surge in User Reports Signals Widespread X Service Disruption
Downdetector recorded 41,612 reports in the United States at the height of the outage. The figure stood far above the normal baseline for the platform. Reports rose quickly within minutes, showing...
St George Mining Secures Strategic Land Package to Fast-Track Araxá Niobium-Rare Earths Development
February 16, 2026• Company, ASX, Australia, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest Daily News, Latest News, Mining, Mining Information, News, Pin Top Story, Sectors, ST George Mining, Top Stories, Top Story, Trending News
St George Mining Limited (ASX: SGQ) (“St George” or “the Company”) has taken a decisive step toward developing its world-class Araxá Niobium-Rare Earths Project in Brazil, announcing the acquisition of strategic land parcels suitable for processing facilities and environmental conservation.
The Company has entered into a binding agreement to acquire 166 hectares located less than 2km from the Araxá Project mining tenure in Minas Gerais, Brazil. The land is zoned for mining and industrial use and represents an ideal setting for the installation of processing facilities to support a potential mining operation.
Mirroring Success at the Barreiro Carbonatite
The...
Tempest Sells Yalgoo Gold Project of Western Australia for A$4.5M
February 16, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Tempest Minerals Ltd has sold the Yalgoo gold asset in Western Australia. In the deal, the company sold the project to Capricorn Metals Limited at A$4.5 million.
The deal consists of cash, scrip and possible milestone payments. The management claimed that the deal enhances liquidity and portfolio focus. The sale also lessens the short-term funding pressure.
The investors are now observing the redistribution of the capital in other assets. The deal is in line with the strategy of Tempest in focusing on iron and multi-commodity growth in the state.
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St George Secures Landmark Government Tax Support for World-Class Araxá Niobium–Rare Earths Project
February 13, 2026• Company, ASX, Australia, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest Daily News, Latest News, Mining, Mining Information, News, Pin Top Story, Sectors, ST George Mining, Top Stories, Top Story, Trending News
St George Mining Limited (ASX: SGQ) (“St George Mining” or the “Company”) has secured a major endorsement from the State Government of Minas Gerais, Brazil, with the signing of a preferential goods tax regime that will significantly reduce development costs for its world-class Araxá Niobium–Rare Earths Project.
The announcement marks a pivotal step forward for the Company as it advances one of the most strategically important critical minerals projects in South America.
Government Confirms Tax Exemptions for Araxá Development
The State of Minas Gerais has formally approved a preferential tax regime that exempts key project equipment and materials from state goods tax, which can reach up to ...
Bannerman Energy Ltd Secures US$294.5M CNNC Investment to Fund Etango Development
February 13, 2026• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Bannerman Energy Ltd. (ASX: BMN) has executed binding agreements with CNNC Overseas Limited (CNOL), a subsidiary of China National Nuclear Corporation, to fund and jointly develop its flagship Etango Uranium Project in Namibia. The transaction provides US$294.5 million in cash funding for a 45% interest in a newly formed joint venture vehicle, marking a pivotal step towards construction.
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CBA vs BHP: Which Boss Wins the ASX Leadership Battle?
February 13, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
BHP Group Limited reclaimed the title of the largest company in Australia. This shift occurred on 27 January 2026. The mining giant overtook Commonwealth Bank of Australia during a rally in metals markets. BHP now holds a market value of over $253 billion.
Commonwealth Bank of Australia previously held the top position since October 2024. Its market capitalisation currently sits at approximately $251.5 billion. This transition reflects broader trends within the domestic share market. Investors shifted focus toward the resources sector from financial institutions.
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Platina Resources Advances Multi-Target Drilling Campaign at Mt McKenna Gold Project
February 13, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Platina Resources, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Platina Resources Limited (ASX: PGM) (“Platina” or “the Company”) is accelerating exploration at its Mt McKenna Gold Project near Laverton, Western Australia, with consecutive drilling programs set to test multiple high-priority targets across a 20-kilometre stretch of prospective greenstone belt.
The campaign marks the first wave of Platina’s fully funded 20,000-metre drilling strategy announced earlier this month, positioning the explorer to maintain consistent field activity throughout 2026.
Phase 2 aircore drilling at Target 2 is scheduled to commence in late February, following up on promising results from November 2025 that identified multiple mineralised structures across a 1.5-kilometre zone. The program will test geochemical and geological anomalies...
Dual Commodity Mining Projects Expand Western Queen Gold Potential
February 12, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
In Western Queen, Western Australia, Rumble Resources has been able to provide good drilling outcomes. The company recorded several high-grade gold intercepts in the two deposits. Extensional drilling increased mineralisation by a minimum of 500m down plunge.
Western Queen South and Central have both come with outstanding grades. Findings were 6.3m and 12.2m, respectively, at 24.88 g/t and 5.13 g/t Au. The programme facilitates the expansion of resources before a revised estimate.
According to the management, these results serve to enhance confidenceinn continuity and depth extensions. This is a play that is now being followed by investors in terms of being one of the better development plays in the region.
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Northern Star Resources Delivers Strong 1H FY26 Performance as Growth Projects Advance
February 12, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Northern Star Resources Ltd (ASX: NST) has reported a robust financial and operational performance for the half year ended 31 December 2025, highlighting strong margins, disciplined capital management and continued advancement of its major growth projects.
The ASX 50 gold producer generated A$1.88 billion in underlying EBITDA, supported by elevated realised gold prices and operational stability across its Kalgoorlie, Yandal and Pogo production centres. Management said the result strengthens financial flexibility to fund organic growth while...
Yugo Metals Delivers High-Grade Discovery as Sinjakovo Drilling Gains Momentum
February 12, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA, Yugo Metals
Yugo Metals Limited (ASX: YUG) has launched its maiden drilling campaign at the Sinjakovo Project in Bosnia-Herzegovina with results that immediately strengthen the geological case for the Kovacevac prospect. The Company has intersected high-grade polymetallic silver-lead-zinc mineralisation in its first three diamond drill holes, marking a significant milestone for this emerging European explorer.
From the outset, management has framed these early results as exactly what a junior explorer hopes to see at this stage of a project. As Executive Director and Interim CEO, Petar Tomašević ...
Australian Miners Secure Growth as Global M&A Value Reaches Record Levels
February 12, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Global merger and acquisition activity surged throughout 2025. Australian mining companies now sit at the centre of this massive dealmaking rebound. Recent data from Bain & Company’s Global M&A Report 2026 confirms a renewed appetite for bold transactions. Global deal values jumped 40 per cent year-on-year to reach $US4.9 trillion. Strategic M&A activity rose by 42 per cent during the same period.
Local miners currently hold a prime position to benefit from this international momentum. Analysts expect these companies to pursue transformative deals to reshape their growth trajectories. Large-scale transactions drove the majority of this value increase. Mega deals accounted for more than 73 per cent of the total global growth.
...
ASX Surges as Utilities, Telcos and Miners Lead the Charge
February 12, 2026• Home Top Stories, ASX, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
The Australian sharemarket bounced decisively on Wednesday, shrugging off a nearly sideways session the previous day and delivering one of its strongest daily gains in weeks. The S&P/ASX 200 closed up 147.4 points, or 1.66%, at 9,014.8. It was a 50-day high and shows us renewed momentum across a broad range of sectors.

Figure 1: ASX Performance on 11 February 2026 [...
How Metal Prices Affect Mining Profits As DPM Metals Posts Record 2025 Results
February 11, 2026• Homepage, Australia, Daily News, Home Top Stories, Latest Daily News, Latest News, Mining Information, News, Pin Top Story, Top Stories, Top Story, Trending News
DPM Metals Inc. had posted record financial performance, where increased commodity prices contributed to margins and output. The Canadian gold miner posted good results in its foreign activities. Increased realised metal prices increased revenue and earnings throughout the portfolio.
Costs were also hedged in volatile markets due to stable operations. The newly purchased Vareš mine in Bosnia and Herzegovina provided an immediate production power. That acquisition was made by the Company on September 3, 2025.
The management claimed returns were based on disciplined execution and pricing tailwinds. The next round of cash inflows to the industry is now under close scrutiny by investors with respect to the impact the metal prices will create on mining profits in the coming cycle.
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ASB Bank Delivers Steady Growth in CBA Half-Year Results
February 11, 2026• Home Top Stories, ASX, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom
Commonwealth Bank of Australia (ASX: CBA) has released its ASB Bank subsidiary results for the six months ended 31 December 2025. The CBA half-year results show ASB posted cash net profit after tax of NZ$719 million, up 1 per cent on the prior comparative period.
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Aussie Broadband Seals Blockbuster Deal with AGL Energy, Set to Shake Up Australia’s Telco Landscape
February 11, 2026• Home Top Stories, ASX, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom, USA
Aussie Broadband Limited (ASX: ABB) has pulled off one of the year’s most significant telecommunications deals, securing the acquisition of AGL Energy Limited’s (ASX: AGL) entire telco business for $125 million. The transaction catapults the Victorian-based telco into Australia’s big league, positioning it as the nation’s third-largest NBN provider.
Market reaction speaks volumes. Aussie Broadband shares surged as much as 20% in early trading, marking the stock’s largest intraday gain in five months and hitting its highest level since November 2024.
The Deal Structure: Shares, Not Cash
The $125 million transaction takes an unconventional approach. AGL Energy will receive $115 million...
CSL CEO Exits Hours Before Earnings Release: What It Means for Investors
February 11, 2026• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom, USA
CSL Limited (ASX: CSL) has blindsided the market with the immediate retirement of chief executive Paul McKenzie, just 24 hours before the biotech giant reports its half-year earnings. The announcement on 10th February 2026 marks a dramatic turn for one of Australia’s most prominent healthcare companies.
The timing couldn’t be more dramatic. McKenzie’s departure, effective immediately, comes as CSL navigates one of its most challenging periods in recent history.
Gordon Naylor, a CSL veteran with 33 years at the company, takes over as interim CEO and managing director from 11th February.
The Sudden Departure
McKenzie’s exit follows seven years with CSL, including three as CEO. His tenure saw the company through COVID-19 disruptions, expanded plasma collection, and launched breakthrough therapies, including HEMGENIX for haemophilia...
Cannindah Resources Launches Major Drill Campaign Targeting High-Grade Copper-Gold Zone in Queensland
February 11, 2026• Cannindah Resources Limited, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom, USA
Cannindah Resources Limited (ASX: CAE) (Cannindah or the Company) has kicked off an aggressive resource expansion drilling program at its Cannindah Breccia copper-gold deposit in central Queensland. The Company is targeting what it calls the “GAP” zone, a 275-metre stretch within the deposit where previous drilling returned standout intercepts but remains underexplored.
The move comes as Cannindah looks to upsize its existing 14.5 million tonne resource grading 1.09% copper equivalent. Managing Director Cameron Switzer described the opportunity as potentially transformative, noting that increasing the deposit’s average grade could significantly improve project economics.
“The delivery of the 2025 high-grade copper...
ASX holds strength as tech rebounds; CSL shocks market with CEO exit
February 10, 2026• Home Top Stories, ASX, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom, USA
The S&P/ASX 200 edged marginally lower on Tuesday in a choppy session that began positively but faded late. It reflects a market split between rebounding technology stocks and heavy selling in insurers and healthcare. The day was capped by a surprise leadership shake-up at CSL Limited after the close, adding fresh uncertainty to one of Australia’s most influential companies.
The benchmark index finished down 2.7 points (-0.03%) at 8,867.40, having traded higher for most of the day before slipping into negative territory in the final hour. Over the past five sessions, the index has been virtually unchanged, yet it remains 2.72% below its 52-week high, underscoring a market that is struggling to build momentum despite selective strength in growth sectors.
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Treasury Wine Estates Settles RNDC Dispute, Confirms 1H26 EBIT Outlook
February 10, 2026• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
Treasury Wine Estates (ASX: TWE) has reached a settlement agreement with Republic National Distributing Company following the distributor’s California exit. The Treasury Wine Estates settlement resolves issues stemming from RNDC’s decision to close operations in the state during September 2025.
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Novo Resources Advances Wyloo with Multiple Drill-Ready Targets
February 10, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest Daily News, Latest News, Mining Information, News, Pin Top Story, Top Stories, Top Story, Trending News
Novo Resources has defined multiple drill-ready targets at its Wyloo gold, silver, and antimony Project in Western Australia’s Pilbara region. The targets support a planned maiden drilling program following recent geochemical surveys and structural interpretations across priority prospect areas.
Project Location and Regional Setting
The Wyloo Project is located in the southern Pilbara region of Western Australia, within the Wyloo Dome. This area is recognised as a structurally complex zone positioned inside the Ashburton Basin, which has attracted growing exploration interest in recent years.
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Global Nuclear Pivot Ignites Multi-Billion Dollar Opportunity for Australian Uranium Exports
February 10, 2026• Home Top Stories, Australia, Daily News, Energy, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
The spot price for uranium recently climbed above $US100 per pound. This price level represents the highest point for the commodity since early 2024. Market analysts at BMI report a rally of over 25 per cent in recent months. This surge creates a positive environment for the Australian uranium sector. Australia holds the largest known uranium reserves in the world. These resources account for approximately 30 per cent of the global total.
Analysts expect a structural deficit in the uranium market by the early 2030s. The current supply meets global demand for the next two to three years. Production from Kazakhstan and Canada currently supports the international market. This situation changes as global nuclear capacity increases. Projections show capacity rising from 405 gigawatts in 2024 to 510 gigawatts by 2035. Many nations now view nuclear energy as a reliable source of baseload power.
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Worley CCS Contract Advances Qatar CO₂ Storage Ambitions
February 10, 2026• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom, USA
Worley Limited has won a large carbon dioxide sequestration Project in Qatar with Samsung C&T Corporation on a large contract for Worley CCS.
The award includes engineering services (in detail) of the QatarEnergy LNG Carbon Dioxide Sequestration Project. The plant is aimed at long-term storage of about 4.3 million metric tonnes of CO 2 annually.
This scale is an indication that there will be a definitive move towards decarbonisation in terms of industry in the area. The Project is part of the overarching sustainability approach and production of LNG that is cleaner in Qatar.
Industry analysts consider the award to be a confidence that Worley has in its carbon management. Other international engineering relations in Asia, Australia, and the Middle East are also strengthened through the contract.
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Sims Limited supercharges its Houston footprint with a US$66.5m Tri-Coastal deal; stock price rises 3.4%
February 10, 2026• Home Top Stories, ASX, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom
Sims Limited has launched a bold strategic move in North America, announcing the US$66.5 million acquisition of Tri-Coastal Trading (TCT) in Houston, Texas, a transaction the Company says will structurally lift margins, consolidate its regional footprint and unlock more than US$100 million in surplus land value within two years.
The deal, unveiled on 10 February 2026 as part of the Company’s HY25 results presentation, positions Sims as a lower-cost, higher-margin operator in one of the world’s most attractive ferrous scrap markets.
A transformative acquisition, not just expansion
Sims framed the Tri-Coastal purchase as more than a bolt-on deal; it represents a structural upgrade to its North American Metals (NAM) business.
Major transaction highlights include:
- Purchase price: US$66.5...
A New Gold Frontier: Resolution Minerals Expands the Golden Gate System with Major Discovery at Golden Gate South
February 9, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Resolution Minerals Ltd, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Resolution Minerals Ltd (ASX: RML | OTCQB: RLMLF) (“Resolution Minerals” or “the Company”) has unveiled a major new gold discovery at its Golden Gate South Prospect within the 100%-owned Horse Heaven Gold–Antimony–Tungsten–Silver Project in Idaho, USA. Announced to the ASX on 9 February 2026, the results mark a decisive step-change for the Company, extending the Golden Gate mineralised system beyond 1.5 kilometres of strike length and confirming the presence of a second gold-bearing shear zone.
This discovery strengthens Horse Heaven’s status as a rapidly emerging multi-commodity district-scale project in a tier-one mining jurisdiction. Importantly, every drill hole reported in this phase of exploration ended in mineralisation, signalling substantial potential for...
Provaris Hits On-Time Engineering Milestone, Strengthening Its Path to Commercial CO₂ Supply Chains
February 9, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Provaris Energy, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Provaris Energy Ltd (ASX: PV1) (“Provaris” or the “Company”) has reached a major technical milestone that moves it closer to commercialising large-scale carbon dioxide (CO₂) transport and storage solutions. In January 2026, the Company successfully completed Phase 1 of the Front End Engineering and Design (FEED) program for its pioneering 25,000 cubic metre (cbm) low-pressure liquid CO₂ (LCO₂) tank, and did so on time and within budget.
This achievement, delivered in partnership with Yinson Production, marks a meaningful advance in the development of next-generation maritime CO₂ infrastructure. It also positions Provaris as a serious player in emerging carbon capture and storage (CCS) supply chains, particularly in Europe’s North Sea region.
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Asian Battery Metals Delivers Major Exploration Breakthroughs at Oval Cu-Ni-PGE Project
February 6, 2026• Company, Announcements, Asian Battery Metals PLC, ASX, Australia, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Asian Battery Metals PLC (ASX: AZ9) (“Asian Battery Metals” or, the “Company”) has reported significant exploration advances at its flagship Oval Copper–Nickel–Platinum Group Elements (Cu-Ni-PGE) Project in Mongolia, marking a pivotal step in strengthening the scale and continuity of mineralisation across the project area.
The announcement of 29th January, 2026, highlights robust geological progress achieved through advanced geophysical re-interpretation, successful Phase 3 drilling outcomes, and the identification of new intrusive targets with strong mineral potential.
These developments build directly on the Company’s December 2025 Quarterly Activities Report...
Australian Shares Drop After Rio Tinto-Glencore Mining Deal Collapses
February 6, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Australian shares are bracing for further losses after Rio Tinto walked away from a $260 billion merger with Glencore. The collapse came just hours before a regulatory deadline, sending shockwaves through Australia stock market news channels and triggering sharp sell-offs in mining stocks.
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Capstone Copper Ends Strike at Chile’s Mantoverde Mine with Three-Year Agreement
February 6, 2026• Home Top Stories, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Capstone Copper Corp (TSX:CS) (ASX:CSC) has resolved a labour dispute that cut production at its Mantoverde Operation in Chile. Union #2 ratified a three-year collective bargaining agreement on 5th February 2026, bringing an end to strike action that began on 2nd January.
The Vancouver-headquartered copper producer can now focus on returning to full capacity at the Atacama region mine. Operations continued at approximately 55% of normal levels during the disruption.
...
Asian Battery Metals Advances Multi-Commodity Portfolio with Strong Drilling Results and Breakthroughs
February 6, 2026• Company, Announcements, Asian Battery Metals PLC, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Asian Battery Metals PLC (ASX: AZ9) has capped a productive December 2025 quarter with a series of technical milestones across its Mongolian exploration portfolio. The Company delivered impressive metallurgical test results showing copper recoveries of 89-95% at its flagship Oval Cu-Ni-PGE Project, while due diligence drilling at the Maikhan Uul Cu-Au acquisition target returned high-grade copper and gold intercepts that validate the project’s potential.
The December quarter also saw the Company complete scout drilling at its Tsagaan Ders Lithium Project, successfully complete a $6 million equity placement, and maintain a strong cash position of $5.965 million heading into 2026.
Oval Cu-Ni-PGE...
Provaris Energy Advances Carbon Transport Technology Through Strategic Manufacturing Partnership
February 6, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Provaris Energy, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Provaris Energy Ltd (ASX: PV1) (“Provaris” or the “Company”) has taken a significant step toward commercialising its proprietary carbon dioxide transport technology, announcing a partnership with Chinese heavy equipment manufacturer Himile to assess large-scale production capabilities.
The Australian clean energy Company, alongside its development partner Yinson Production, has entered into a Memorandum of Understanding (MOU) with Himile Heavy Equipment Co. Ltd to evaluate the fabrication of specialised liquid CO₂ (LCO₂) tanks at Himile’s manufacturing facility in Rushan, China.
The collaboration marks a crucial transition from design and engineering to industrial-scale manufacturing for Provaris’...
Platina Resources Outlines Fully Funded 2026 Gold Exploration Strategy in Western Australia
February 5, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Platina Resources, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Platina Resources Limited (ASX: PGM) (“Platina” or “the Company”) is proceeding with a fully funded, multi-project exploration strategy for 2026, focused on systematic drilling and discovery across its highly prospective Western Australian gold portfolio.
The strategy centres on systematic drilling across its Western Australian portfolio, with particular focus on the prolific Laverton Gold District. At stake: over 20,000 metres of aircore and reverse circulation drilling, concentrated in the first half of the year, backed by approximately $11 million in cash.
War Chest Meets World-Class Geology
Platina’s cash position gives it operational flexibility most explorers lack. The ...
Data Centre Growth Sparks Higher Gas Demand: Beach CEO
February 5, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Australia’s energy landscape is shifting beneath the surface. Beach Energy (ASX: BPT) CEO Brett Woods has pointed to an emerging force that could reshape domestic gas demand over the coming years. The Company posted a net profit of $219 million for the half year ended 31 December 2025, down 8 per cent from $237 million in the prior period.
...
Champion Iron Completes US$100M Funding Placement To Back Growth Strategy
February 5, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Champion Iron has now done a US$100M funding placement with the Canadian institutional investor La Caisse, which has made the Company’s balance sheet stronger and gives it takeover ambitions.
The Company placed 26,795,921 subscription receipts at the price of US3.7319 in total, and gross proceeds of 100 million US dollars were raised. The Company successful places US$100M to partially finance its proposed cash tender offer on Rana Gruber ASA.
The management said that the move enhances financial flexibility and conforms to a long-term growth plan in the iron ore markets. Large investors are also confident about the funding in case of unfavourable commodity cycles and constrained capital markets.
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Worley Wins Reimbursable EPC Contract for Phase 2 of CP2 Project
February 4, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Worley Limited (ASX: WOR) has strengthened its foothold in the United States liquefied natural gas sector. The Australian engineering giant announced it secured a reimbursable engineering, procurement and construction contract for Phase 2 of Venture Global’s CP2 Project in Louisiana. The deal builds on Worley’s existing relationship with Venture Global and positions the Company as the primary Project delivery partner for one of America’s most strategically significant energy developments.
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Resolution Minerals Moves to the U.S. Stage with Nasdaq Listing Strategy and ADR Launch
February 4, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Resolution Minerals Ltd, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Resolution Minerals Ltd (ASX: RML | OTCQB: RLMLF) (“Resolution Minerals” or the “Company”) has reached a major strategic milestone as it advances plans for a secondary listing on the Nasdaq and launches a Level 1 American Depositary Receipt (ADR) facility in the United States. The move strengthens the Company’s access to U.S. capital markets and aligns Resolution with growing American demand for critical and defence-related minerals.
The announcement comes at a time of heightened geopolitical uncertainty, strong commodity prices, and increasing U.S. government focus on securing domestic and allied supply chains for strategic metals such as tungsten and antimony.
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Deep Creek Fire Growing: People Told to Be Ready to Leave
February 3, 2026• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
More than 250 firefighters are battling an uncontrolled bushfire on South Australia’s Fleurieu Peninsula as conditions remain unpredictable. The Deep Creek wildfire news has dominated headlines since the blaze started on Sunday evening, with residents urged to evacuate as flames threaten properties near Cape Jervis.

Figure 1: Firefighters battle the Deep Creek bushfire as flames threaten nearby vegetation and properties [Source: ...
Dyno Nobel Strengthens Board With Veteran Mining Executive Jeff Olsen Appointment
February 3, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Dyno Nobel (ASX: DNL) has enhanced governance by introducing a new independent voice to the board. The supplier of explosives and chemicals verified that there was a leadership update on 3 February 2026.
Mr Jeffrey Olsen was made an independent non-executive director of the Company. His appointment will commence on 1 March 2026. This move is consistent with the current implementation strategy of Dyno Nobel.
According to the management, the board is in search of more industry and operational experience. Such appointments are usually construed by investors as indications of stability. Good governance encourages discipline in capital distribution and sustainable development.
The Dyno Nobel director appointment is in the times of ongoing mining cycles all over the world. This atmosphere requires qualified management and economic savings.
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Carbonxt Group Reports Strong December Quarter with 72% Revenue Growth as Kentucky Facility Nears Start-Up
February 2, 2026• Company, Announcements, ASX, Australia, Canada, Carbonxt, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Carbonxt Group Limited (ASX: CG1) (Carbonxt or the Company) has delivered a solid December 2025 quarter, recording customer receipts of $3.8 million and advancing its transformational Kentucky activated carbon facility toward commissioning. The Company reported a 72% increase in revenue compared to the same quarter of FY25, reflecting growing demand for its Powdered Activated Carbon (PAC) products amid tightening U.S. environmental regulations.
The quarter was characterised by operational consistency despite temporary production challenges, with the Company maintaining positive monthly EBITDA across the period. Carbonxt’s strategic focus on high-margin contracts and its expanding footprint in the U.S. critical minerals market positions...
Capricorn Metals Extends Completion Date for Yalgoo Project Acquisition
February 2, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Capricorn Metals Limited (ASX: CMM) has agreed to a short extension for completing its acquisition of the Yalgoo Project from Tempest Minerals Limited (ASX: TEM). The new completion date is 14 February 2026, giving both parties additional time to finalise routine administrative and regulatory documentation.
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BHP Selects Record 10 Companies for 2026 Xplor Exploration Program
February 2, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
BHP has selected its largest-ever cohort for the 2026 Xplor program, choosing ten early-stage exploration and technology Companies from around the world. The fourth-year initiative expands support for mineral discovery through equity-free funding, technical guidance, and structured collaboration.
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From Gold Rush to Nickel Boom: How Kambalda Shaped Australia’s Mining Identity
January 31, 2026• Homepage, Australia, Daily News, Home Top Stories, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Sixty years ago, a drilling rig punched through Western Australian rock and changed the nation’s industrial trajectory forever.
On 28 January 1966, Western Mining Corporation intercepted high-grade nickel at 133 metres depth near an abandoned gold town. The discovery transformed Kambalda from a ghost settlement into Australia’s first nickel mining hub, launching a metals boom that would produce over 1.6 million tonnes of nickel metal across six decades.
Today, as Indonesia floods global markets with cheap nickel and Australian operations shutter, Kambalda’s story offers sobering lessons about commodity cycles, geopolitical supply chains, and the brutal economics of mining.
The Accidental Discovery That Started It All
The Kambalda Nickel Industry began not with grand ambitions, but with rejected uranium samples.
In 1954, prospector George Cowcill submitted ore specimens to the Kalgoorlie School of Mines. The...
Culpeo Minerals Reveals High-Grade Copper Hits in December 2025 Quarterly Activities Report
January 31, 2026• Company, Announcements, ASX, Australia, Canada, Culpeo, Culpeo Minerals Limited, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Culpeo Minerals Limited (ASX:CPO) (OTCQB:CPORF) (“Culpeo” or “the Company”) released its quarterly activities report for the period ending 31 December 2025. The Company focuses on copper exploration and development within Chile. It targets systems in the infrastructure-rich Coastal Cordillera. This region hosts multiple major copper deposits. The report highlights maiden drilling results at the Fortuna Project. It also outlines upcoming drilling plans for the Vista Montana and Lana Corina Project.
The Company holds a strategic portfolio of assets in Chile’s Coquimbo Region, approximately 350 kilometres north of Santiago. The Projects are located near the world-class Los Pelambres mine and benefit from...
Canada’s Drive to Regulate Gambling to 10 Figures in 5 Years
January 31, 2026• Latest, Australia, Canada, Casino/Gaming, Daily News, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Sports News, Top Stories, Top Story, United Kingdom, USA
Canada’s online gambling boom is showing no signs of slowing, and the government’s ambitious plans are set to turn this into a highly profitable venture. With billions in annual wagers and a rapidly expanding user base, the country is on track to transform online gaming into a 10-figure, regulated industry within five years, presenting a promising opportunity for investors.
It all began to shift in 2021, when Bill C-218 opened the door for single-event sports betting. From there, provincial governments moved quickly to create their own licensing frameworks, most notably in Ontario. The result? A staggering $35.5 billion in total wagers during Ontario’s first year of legal online gambling, bringing in $1.4 billion in revenue and boasting over 1.5 million player accounts. And that’s not even counting promotional wagers.
Across the country, momentum is building. The online...
PLS December 2025 Quarterly Reveals Strong Sales And Cash Growth
January 30, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Pilbara Minerals posted improved pricing and shipment in the period of December. The sales volumes had increased by 8 % relative to the September quarter. The realised prices increased by 57 % quarter-to-quarter.
This combination shot the income high throughout the business. The period saw a revenue of 373M in the group. It was a 49 % growth over the previous quarter. The realised price was on an SC5.2 basis, on average, of US$1,161/t.
The sales amounted to 232.0kt spodumene concentrate. Increased prices had a direct positive effect on operating cash flow. The management reported that market conditions were already experiencing a tightening of supply.
Inventory decreased, and customers became more active in buying. The recovery of pricing helped in recovering a high margin of operation.
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Surefire Resources Delivers Exceptional Gold Results While Advancing Diversified Project Portfolio
January 30, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Surefire Resources NL, Top Stories, Top Story, Trending News, United Kingdom, USA
Surefire Resources NL (ASX: SRN)(FSE: GBL) (“Surefire” or “the Company”) has delivered a robust December 2025 quarterly update, showcasing significant progress across its diversified portfolio of gold, copper and critical mineral projects in Western Australia. The Company reported high-grade gold intercepts at its flagship Yidby Gold Project while advancing exploration at its emerging Copper Hill copper discovery and maintaining strategic focus on the world-class Victory Bore critical minerals asset.
The quarter’s standout achievement came from Yidby, where assay results confirmed the project as an emerging large-scale, structurally controlled gold system. The Company intersected 1 metre @ 15.83 g/t gold and 2 metres @ 10.72...
IGO Limited Posts Resilient December Quarter as Greenbushes Margins Strengthen and CGP3 Commissioning Advances
January 29, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
IGO Limited (ASX: IGO) has reported a mixed but operationally resilient performance for the December 2025 quarter, supported by strong margins at Greenbushes, improved cash costs at Nova and the successful processing of first ore through the Kwinana CGP3 circuit, despite ongoing losses at the Kwinana lithium hydroxide refinery and challenging nickel market conditions.
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Mineral Resources Q2 FY26 Update Shows Solid Performance Across Operations
January 29, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Mineral Resources Limited (ASX: MIN) released its Mineral Resources Q2 FY26 update on 29 January 2026. The Company reported strong performance capitalising on higher lithium prices. The Mineral Resources operations update detailed upgraded volume guidance for both Wodgina and Mt Marion lithium operations.
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Perseus Mining Strengthens Cash Position As Gold Output Remains Resilient Across African Operations
January 29, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Perseus Mining recorded excellent output in all three of its African-based operations, with a high margin despite the increase in royalties. The firm generated 88,888 ounces of gold at an All-In Site Cost of US 1,800 per ounce in Q2 FY26.
The average cash margin was US1637 per ounce and has created an estimated US145m notional operating cashflow. Cash and bullion increased to US$755 million with liquid listed securities of US$229 million.
In January 2026, the Company also confirmed the first ore delivery of the CMA Underground project, enhancing the firm stability of production on a long-term basis.
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Cannindah Resources Delivers Breakthrough High-Grade Gold–Copper Intersections at Mt Cannindah
January 28, 2026• Company, Announcements, ASX, Australia, Canada, Cannindah Resources Limited, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Cannindah Resources Limited (ASX: CAE) (“Cannindah” or “the Company”) announced a major exploration breakthrough at its flagship Mt Cannindah Project in central Queensland, delivering substantial high-grade gold and copper intersections from the first deep reverse circulation (RC) drilling program at the Southern Porphyry Target.
The announcement marks a significant step forward for the Company, reinforcing Mt Cannindah’s potential to host a large-scale, high-quality copper–gold porphyry system at depth. The latest results underscore Cannindah’s disciplined exploration strategy and arrive against a strong market backdrop for both gold and copper—two...
Emerald Resources Updates Dingo Range Gold Resource to 1.41Moz, Supporting Development Pathway
January 28, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Emerald Resources NL (ASX: EMR) has announced a significant update to the Mineral Resource Estimate (MRE) for its wholly owned Dingo Range Gold Project in Western Australia, lifting total contained gold to 1.41 million ounces. The updated resource is expected to underpin the Company’s maiden ore reserve and support the advancement of development studies toward potential production.
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Stanmore Resources Reports Strong December 2025 Quarter on Improved Coal Markets
January 27, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Stanmore Resources Limited (ASX: SMR) has reported a strong operating and financial performance for the December 2025 quarter, underpinned by improved coal market conditions, higher realised prices and disciplined cost control. The Queensland-based coal producer said the quarter delivered robust cash generation, strengthening its balance sheet and positioning the company for continued investment in its growth pipeline.
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Alkane Resources Posts Record Quarter with $58 Million Cash Build and Strong Production Growth
January 27, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Alkane Resources Limited (ASX: ALK) has delivered its strongest quarterly performance on record, posting 43,663 gold equivalent ounces of production. The Company announced on 27 January 2026 that its December 2025 quarter generated $133 million in site operating cash flow. This marked a significant achievement across the Alkane Resources quarterly report metrics and reinforces confidence in the Alkane Resources latest news cycle.
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Platina Resources Identifies 1.5km Mineralised Gold Structure at Mt McKenna Project
January 27, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Platina Resources, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Platina Resources Limited (ASX: PGM) has identified multiple new gold targets from its maiden aircore drilling programme at the Mt McKenna Gold Project in Western Australia. The Company intersected a coherent 1.5 kilometre mineralised structure, with the majority of aircore holes along strike ending in gold mineralisation.
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Fortescue Secures Full Control of Alta Copper Project as Shareholders Approve C$139 Million Deal
January 27, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Fortescue Ltd (ASX: FMG) has cleared a major hurdle in its pursuit of full ownership of Alta Copper Corp. The Company announced that Alta Copper shareholders have approved the proposed acquisition on 27 January 2026. This marks a pivotal moment for the Fortescue copper project update as it positions the mining giant to take complete control of valuable exploration assets in Peru.
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Tungsten Mining $50M Cash Call Puts Spotlight on Capital Strategy
January 23, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Tungsten Mining NL (ASX: TGN) has moved into sharp market focus following reports of a $50 million capital raising. The Company requested a trading halt on 23 January 2026 as it discusses a potential funding initiative with Tungsten Mining brokers.
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Prodigy Gold Delivers High-Grade Drilling Results Across Tanami North Projects
January 23, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Prodigy Gold NL (ASX: PRX) has released its December 2025 quarterly report, showcasing significant high-grade gold intercepts from drilling programs at the Tanami North Project. The Company completed a 21-hole Reverse Circulation drilling campaign at Hyperion and an eight-hole program at Tregony during the period.
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Cannindah Resources Identifies Path to Expand High-Grade Copper-Gold Resource at Mt Cannindah
January 23, 2026• Announcements, ASX, Australia, Canada, Cannindah Resources Limited, Company, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Cannindah Resources Limited (ASX: CAE) has announced a significant opportunity to expand its high-grade copper-gold-silver resource at the Mt Cannindah Breccia in Queensland, Australia. The Company revealed that recent drilling results have identified a circa 270-metre “Gap Zone” with substantial potential for resource growth.
This development builds on the Company’s successful 2025 exploration campaign, which delivered exceptional high-grade intersections and secured A$4.5 million in funding to advance multiple targets at the flagship Mt Cannindah Project.
This development comes as global copper markets face supply constraints, with analysts...
South32 Strengthens Copper Push as December Quarter Delivers Solid Results
January 22, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
South32 Limited (ASX: S32) has delivered a solid operational and financial performance for the December 2025 quarter, reinforcing its strategic pivot towards future-facing commodities, particularly copper. The diversified mining group reported steady production across most assets, disciplined capital management, and further progress on its growth pipeline, positioning the company to benefit from long-term global decarbonisation and electrification trends.
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Santos Powers Ahead in Q4 2025 With Barossa LNG Milestone and Strong Regional Output
January 22, 2026• Investment News, ASX, Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Santos (ASX: STO) Quarterly Report illustrates that the Company operated very well and used capital prudently during the fourth quarter of 2025. The update reiterates the character of Santos as a tenacious international energy producer, although the commodity pricing was softer across the markets worldwide.
Free cash flow from operations was close to $380 million for the quarter, which is a 30 per cent increase compared to the previous quarter. The total free cash flow for the year was estimated at around $1.8 billion, and it was made possible through strong production and strict cost control measures.
The production volume for the fourth quarter of 2025 was 22.3 mmboe, which was a five per cent increase from the previous quarter, while the total production for the year was 87.7 mmboe.
Furthermore, sales went up to 24.8 mmboe, which is a 15 per cent rise from the previous quarter and a...
Regis Resources Posts Record Cash Generation While Extending Duketon Mine Life
January 22, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Regis Resources Limited (ASX: RRL) has delivered a standout December 2025 quarter with record cash generation and strategic mine life extensions. The Company produced 96.6koz of gold at an All-In Sustaining Cost of $2,839 per ounce while strengthening its balance sheet position.

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Sandfire Resources Hits Production Milestone Despite Motheo Maintenance Challenges
January 22, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Sandfire Resources Ltd (ASX: SFR) has released its December 2025 quarterly results, showing resilient operational performance across its mining portfolio. The Company achieved Group Copper Equivalent production of 72.1kt in H1 FY26, representing 46 per cent of its annual guidance midpoint.

Figure 1:...
St George Mining Strengthens US Rare Earths Partnership as Supply Chain Security Takes Centre Stage
January 21, 2026• Company, Announcements, ASX, Australia, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, ST George Mining, Top Stories, Top Story, Trending News
St George Mining Limited (ASX: SGQ) (“St George” or the “Company”) has announced a significant extension of its strategic alliance with US-based REalloys Inc, signalling growing confidence in the Company’s world-class Araxá Rare Earths and Niobium Project in Brazil.
The partnership, first announced in September 2025, has been extended to allow for more detailed metallurgical test work and processing flowsheet development. Originally slated to conclude within 120 days, the Memorandum of Understanding (MOU) now runs for one year, reflecting the complexity and strategic importance of establishing secure rare earths supply chains independent of Chinese control.
Paladin Energy Shares in Focus After December 2025 Quarterly Results and Growth Update
January 21, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Paladin Energy Ltd (ASX: PDN) has delivered a robust December 2025 quarterly update that showcases accelerating production momentum. The Company announced on 21 January 2026 that uranium oxide production increased by 16 per cent during the quarter, positioning the business ahead of expectations as the ramp-up at Langer Heinrich continues.
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Rio Tinto Reports Robust Q4 2025 Production as Operational Performance Strengthens
January 21, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Rio Tinto Limited (ASX: RIO) has released its fourth-quarter 2025 production results, reporting solid operational performance across its major commodities and reaffirming delivery guidance for the full year. The update highlights resilient iron ore shipments, improving copper output and stable aluminium production, underscoring the miner’s focus on operational excellence and disciplined capital management.
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BHP Achieves Record Production and Upgrades Copper Guidance
January 21, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
BHP delivered record operational performance at its copper and iron ore assets during the half year ended 31 December 2025. The Company capitalised on a positive commodity price environment. Copper prices rose 32% year on year. Iron ore prices increased 4% over the same period. This performance led to an increase in group copper production guidance for the 2026 financial year.
Chief Executive Officer Mike Henry discussed the results in the half-year operational review.
“BHP delivered another half of very strong performance with operational records at our copper and iron ore assets. This was achieved safely and in a positive commodity price environment, with copper prices up 32% and iron ore prices 4% higher year on year.”
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Evolution Mining Share Price Strengthens After December Quarter Results
January 21, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Evolution Mining’s (ASX: EVN) December 2025 quarterly report was released to investors, and the resulting cash generation at a record level, coupled with stable production delivery, resulted in a rise in the share price of Evolution Mining.
The operating mine cash flow of $1.1 billion and net mine cash flow of $727 million were really high and were due to the company’s good control of the market and good execution, and this is a reflection of strong commodity pricing and disciplined execution.
Underlying group cash flow hit $541 million, whereas reported group cash flow was at $412 million, thus reinforcing balance sheet momentum and investor confidence across global markets.
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Origin Energy Extends Eraring Power Station Timeline In Major Energy Transition Move
January 20, 2026• Investment News, ASX, Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Student Watch, Top Stories, Trending News
Origin Energy Limited (ASX: ORG) is keeping Australia’s largest coal-fired power station running longer than planned. This Origin Energy update confirms that all four units at Eraring Power Station will now operate until 30 April 2029. This represents an extension of nearly two years from the previous closure date of 19 August 2027.
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Gold Surge 2026 Powers Hedge Fund Wins as Ray Dalio Predicts $5,000 Breakthrough
January 17, 2026• Home Top Stories, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Gold has re-emerged as one of the most powerful trades of the current market cycle. After climbing sharply through 2025 and pushing to fresh record highs in early 2026, the precious metal has defied years of cautious forecasts from Wall Street banks.
What began as a defensive allocation has evolved into a major profit driver, particularly for hedge funds positioned to benefit from macro uncertainty, currency pressure and shifting monetary policy. The gold surge 2026 is unfolding against a backdrop of persistent inflation concerns, elevated government debt and geopolitical tensions.
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Marimaca Copper ASX: Strategic Development Advances at Chile’s High-Grade Oxide Project
January 16, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Marimaca Copper Corp. (ASX: MC2) is building something substantial in Chile’s copper-rich Antofagasta region. The Company holds an interest in an advanced oxide copper Project that sits within one of the world’s most productive mining districts. Recent developments show steady progress toward a construction decision.
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L1 Long Short Fund Posts Strong 2025 Gains as Gold and Value Stocks Drive Returns
January 16, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
L1 Long Short Fund Limited (ASX: LSF) has reported a strong performance for the December 2025 quarter and full calendar year, substantially outperforming the Australian equity market during a period marked by inflation volatility and shifting interest rate expectations. The listed investment company said its portfolio returned 14.1% for the December quarter, compared with a 1.0% decline in the S&P/ASX 200 Accumulation Index, lifting its full-year 2025 return to 46.8%.
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Ausgold Quarterly Report 2025 Signals Major Growth
January 16, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Australia’s Ausgold quarterly report 2025 highlights strong operational momentum during the December quarter. The revised Definitive Feasibility Study gave the Katanning Gold Project a higher production forecast and a longer mine life. Project economics turned out to be very favourable as development risks kept lowering. In addition, the Company put into action an expanded drilling program to back future growth and resource upgrades along the way.
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QUB ASX Announcement: Macquarie Maintains Exclusivity in Qube Review
January 16, 2026• Latest, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Qube Holdings Limited (ASX: QUB) is moving closer to a potential takeover. Macquarie Asset Management has confirmed it wants to continue reviewing the Company’s books. This keeps the door open for a $5.20 per share buyout that could reshape Australia’s logistics landscape.
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Mining Giants Strike Pilbara Iron Ore Deal Worth 200 Million Tonnes
January 16, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Australia’s two largest mining companies have joined forces in a move that sent ripples through the ASX on Thursday. Rio Tinto (ASX: RIO) and BHP Group (ASX: BHP) announced non-binding agreements to extract up to 200 million tonnes of iron ore from neighbouring Pilbara operations.
The deal pushed BHP shares up 2.47% to close at $49.31, while Rio Tinto gained 0.61% to finish at $147.56. Mining stocks across the board lifted as investors welcomed the collaboration.
Two Deposits, One Strategy
Under separate memoranda of understanding, the miners will explore joint development of Rio Tinto’s Wunbye deposit. BHP will also supply ore from its Yandi Lower Channel Deposit to Rio Tinto for processing at existing wet plants.
The arrangement builds on a 2023 agreement between the...
Resolution Minerals Reports Exceptional Antimony, Gold and Silver Grades at Antimony Ridge
January 15, 2026• Resolution Minerals Ltd, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom
Resolution Minerals Limited (ASX: RML; OTCQB: RLMLF) has delivered a standout result rarely seen in modern exploration: with surface rock samples grading up to 50% antimony, accompanied by exceptional silver grades of up to 890 g/t and gold values reaching 1.19 g/t. Generated from the historic Antimony Ridge mining area within the Company’s Horse Heaven Project in Idaho, the results confirm a high-grade antimony, silver and gold polymetallic system that is unusually well exposed at surface.
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Ryman Healthcare Q3 Trading Update Shows Steady Sales Performance and Rising Care Occupancy
January 15, 2026• Investment News, ASX, Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Ryman Healthcare Limited (NZX/ASX: RYM) has released its third-quarter trading update, reporting 375 occupation right agreement sales for the period ending 31 December 2025.

Figure 1: Ryman Healthcare corporate logo. [Argus Tracking]
The...
Saunders International Energy Contract Strengthens Market Confidence
January 15, 2026• Home Top Stories, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Saunders International Limited has landed a $16.4 million job at Ampol’s Lytton Refinery in Brisbane. The energy contract initiated by Saunders International gives the Company a stronger foothold in Australia’s competitive infrastructure market.
The Project comprises the replacement and upgrading of an old fuel storage tank, thus aiding Ampol’s refinery modernisation program. The agreement was made possible through the Master Services Agreements with the Craig Ampol Company, which has been a client for a long time, thus affirming a reliable delivery relationship.
The Project fits perfectly with the general market-oriented approach of the Company, which includes Defence and Government, Water, Energy and Resources, and Industrials. The Company brings forth stable long-term partnerships through the delivery of complex infrastructure projects. Right from the start, the...
Australian Author Craig Silvey Charged Over Alleged Child Exploitation Material
January 15, 2026• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
Award-winning Australian author Craig Silvey has been charged with possessing and distributing child exploitation material, following a police raid at his Fremantle home. He appeared in court on Tuesday and was granted bail with strict conditions.

Craig Silvey appears at Fremantle Magistrates Court charged with possession and distribution of child exploitation material. (Source: ...
Intel Stock Soars on AI Demand, Analyst Upgrade & Manufacturing Gains
January 14, 2026• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom
Intel (INTC) shares surged more than 7% on Tuesday, after the stock was upgraded by KeyBanc to Overweight from Sector Weight, linking the upgrades to the increasing demand for Intel data centres and the company’s strong progress in manufacturing.
John Vinh, an analyst, mentioned that the needs of the Big Techs for AI chips are pulling CPU sales upwards, with the supply almost fully sold out for the year; thus, the price increases are suggested. Investors were surprised to receive the good news that Intel had already gone through the previous manufacturing troubles.
The early introduction of PC chips utilising the 18A process in conjunction with the strategic partnerships is creating a positive outlook. The manufacturers’ upsurge in capacity and the demand for AI servers are fortifying Intel’s market position.
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Trump Calls CUSMA ‘Irrelevant’ as Auto Trade Tensions Rise Ahead of July Review
January 14, 2026• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
U.S. President Donald Trump has again questioned the value of the Canada–U.S.–Mexico Agreement, saying American factories should build vehicles at home, as formal review talks approach and industry leaders warn that regional supply chains remain tightly linked.
Trump’s remarks at the Ford plant in Michigan
President Trump made the comments during a visit to Ford Motor Company’s River Rouge complex in Dearborn, Michigan. The site produces the F-150 pickup, one of the company’s highest-selling vehicles. He spoke to reporters while touring the plant alongside Ford executives and senior U.S. officials.
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Your Passport Could Be Losing Power: 2026 Rankings Reveal Winners and Losers in Global Travel Freedom
January 14, 2026• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
The world of international travel has become more divided than ever.
Fresh data from the Henley Passport Index 2026 shows a growing gulf between those who can move freely across borders and those increasingly trapped within them. The rankings, released this week, paint a stark picture of how geopolitical forces are reshaping global mobility.
For the third consecutive year, Singapore claims the top spot with visa-free access to 192 destinations. But the real story lies in what’s happening to traditional powerhouses like the United States and United Kingdom.
Australia Holds Steady at Seventh
Australian passport holders can access 182 destinations without obtaining a visa beforehand, placing the nation in seventh position globally.
The ranking puts Australia alongside Latvia, Liechtenstein, and the United Kingdom. While the position remains unchanged from...
International Criminal News: Kazem Hamad Arrest Signals Global Enforcement Shift
January 14, 2026• Home Top Stories, Daily News, Homepage, Latest Daily News, Most Popular, News, Pin Top Story, Political News, Politics, Popular Blogs, Top Stories, Top Story, Trending News
The latest news on international crimes claims that the arrest of Kazem Hamad in Iraq was the result of several months of intelligence activities. The authorities view this seizure as a great success in combating the global drug trafficking that spans continents.
The Australian Federal Police authenticated Hamad’s identity and assisted the Iraqi law enforcement agencies. Hamad was forcibly removed from Australia in 2023 and has been under international watch ever since.
Law enforcers connected him to syndicates operating between Australia and the Middle East. The whole affair is an indication of better cooperation between the world’s law enforcement agencies and judicial systems.
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Newmont Corporation Q4 and FY2025 Results to Set Direction for Gold Investors
January 14, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Newmont Corporation (NYSE: NEM; ASX: NEM; PNGX: NEM) has confirmed it will release its fourth-quarter and full-year 2025 financial results on February 19, 2026, followed by a global investor conference call and webcast. The announcement places the world’s largest gold producer back in focus as institutional investors prepare to assess its operational delivery, cost performance and outlook for the coming year.
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Ragnar Metals Strikes High-Grade Uranium Zones at Swedish Project Ahead of Historic Ban Lift
January 13, 2026• Latest, Australia, Daily News, Home Top Stories, Homepage, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Ragnar Metals Limited (ASX: RAG) has delivered a breakthrough update from its Klockartorpet uranium project in Sweden. Surface rock sampling has confirmed high-grade uranium zones extending over 150 metres of strike length.
The timing could hardly be better. Sweden’s parliament lifted its seven-year uranium mining ban in November 2025, with the regulatory changes taking effect from 1 January 2026.
This positions Ragnar as one of the early movers in a jurisdiction that holds approximately 27% of Europe’s known uranium resources.
Rock Samples Return High-Grade Intercepts
Recent fieldwork at Klockartorpet has identified significant uranium mineralisation associated...
Sandfire Resources December 2025 Update Confirms FY26 Production Targets Amid Operational Shifts
January 12, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Sandfire Resources Limited (ASX: SFR) has delivered its December 2025 update, reaffirming production targets while navigating operational challenges at its Motheo facility. The Sandfire Resources December 2025 update, released on 12 January 2026, confirms the Company’s commitment to achieving the mid-point of its Copper Equivalent production guidance of 157kt.
...
Far East Gold Extends Bonanza Gold Grades at Sua Prospect with Fifth Consecutive High-Grade Hit
January 12, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Far East Gold Limited, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Far East Gold Limited (ASX: FEG) has delivered another exceptional drill result from its Sua Prospect at the Idenburg Gold Project in Papua, Indonesia. The Company announced assays from diamond drillhole KSD027, marking the fifth consecutive hole to return high-grade and bonanza-grade gold intervals.
The results confirm a 50-metre lateral extension of the high-grade gold system, with mineralisation remaining open down-dip and along strike to the northeast.
Multiple Bonanza-Grade Gold Intervals Intersected
KSD027 was drilled 50 metres along strike from previously reported holes KSD025 and KSD026. The hole delivered multiple high-grade zones, including a standout bonanza-grade intercept of 175 g/t Au over 0.55 metres from 77.15 metres depth.
Significant intercepts from KSD027 include:
- 8.55 g/t Au over 1.7m (from 14.4m), including...
Larvotto Resources (ASX: LRV) uncovers high-grade antimony-gold growth at Hillgrove
January 9, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Larvotto Resources (ASX: LRV) has delivered a major boost to its Hillgrove antimony-gold project in New South Wales after new drilling at the Clarks Gully prospect confirmed high-grade mineralisation extending both at depth and along strike.
...
Glencore and Rio Tinto Restart Merger Talks in $200B+ Mining Industry Shake-Up
January 9, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
British-Australian resources powerhouse Rio Tinto and Swiss mining giant Glencore have confirmed preliminary discussions for a transformative merger. The deal would create the world’s largest mining company by combining their operations and expertise. Both companies released official statements on Thursday confirming the early-stage negotiations following media speculation about their intentions.
Glencore stated it is in preliminary discussions with Rio Tinto regarding a possible combination of some or all of their businesses. The parties expect any merger transaction to proceed through Rio Tinto’s acquisition of Glencore via a court-sanctioned scheme of arrangement. An all-share merger structure also remains under consideration. Rio Tinto confirmed the discussions in a separate statement, maintaining that no certainty exists regarding final deal terms or structure.
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Codan Limited ASX Posts Strong FY26 First-Half Growth as Metal Detection and Communications Surge
January 9, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Codan Limited (ASX: CDA) has published a robust first-half FY26 trading update, indicating increased demand in all its core business segments. For the half year that ended on December 31, 2025, group revenue is to the tune of about $394 million.
Thus showing an increase of 29% when compared to the previous period, and the underlying net profit after tax is expected to be at least $70 million, which is a growth of about 52% over the previous period.
All these figures are still preliminary, unaudited, and will undergo the group’s auditor’s review; meanwhile, the performance was supported by the excellent results in metal detection as well as the ongoing trend in communications.
...
Champion Iron Regains Export Momentum as Quebec Rail Link Reopens
January 9, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Champion Iron Limited (ASX: CIA, TSX: CIA) has confirmed that railway services transporting iron ore from its Bloom Lake mine in Québec have resumed following a third-party train derailment that temporarily disrupted exports from one of Canada’s most important high-grade iron ore corridors.
...
St George Mining Extends Araxá Footprint as High-Grade Niobium Discovery Opens Northwest Zone
January 8, 2026• ST George Mining, Announcements, ASX, Australia, Canada, Company, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
St George Mining Limited (ASX: SGQ) has discovered a new zone of high-grade niobium mineralisation 400 metres northwest of its existing resource at the Araxá Project in Brazil. The Company intersected mineralisation from surface in an area that had never been drilled before, confirming the system extends well beyond the current Mineral Resource Estimate.
...
Monadelphous $110 Million Contracts Update Signals Multi-Sector Growth
January 8, 2026• Home Top Stories, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Monadelphous Group has made the huge announcement of new contracts worth about $110 million in total for the company’s activities in the fields of resources, energy, and renewable energy, thus making it more difficult for the company to lose customers and increasing its revenues.
The contracts of Monadelphous worth $110 million are already a sign of the company’s strong presence in all kinds of service areas, such as onshore, offshore, and grid-scale infrastructure. It will thus help the company to earn through different operating cycles.
...
Capricorn Metals December 2025 Quarterly Production: Strong Gold Output Positions Company for Upper Guidance
January 7, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Capricorn Metals Ltd (ASX: CMM) has delivered another solid quarter of gold production. The Company announced preliminary results for the December 2025 quarter, showing strong operational performance at the Karlawinda Gold Project. Production figures align with expectations as expansion activities gain momentum.

Figure 1: Capricorn Metals employees. [source: ...
Regis Resources Balance Sheet Surges As Q2 Cash Hits Record $930m
January 7, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Regis Resources posted an impressive financial result in the December quarter, along with a ₤2.76 billion surge on its balance sheet. $255m cash and bullion were the Company’s December quarter cash and bullion total, which was $930m.
The Q2 results of Regis Resources are a reflection of impressive gold prices and a sound operating performance that was across all mines. The Company also paid out a total of $38m in dividends, thus emphasising its intention to return value to the shareholders.
The blend of growth and returns reflects the solid capital management and operational stability of Regis Resources’ operations.
...
St George Mining Delivers Exceptional 128-Metre High-Grade Intercept at Araxá Rare Earths Project
January 7, 2026• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, ST George Mining, Top Stories, Top Story, Trending News, United Kingdom, USA
St George Mining Limited (ASX: SGQ) (“St George” or “the Company”) has reported further outstanding drilling results from its 100%-owned Araxá Rare Earths and Niobium Project in Brazil. The latest assays demonstrate thick, high-grade mineralisation from surface across multiple drill holes.
The Company announced that diamond drilling continues to intersect extensive zones of rare earth and niobium mineralisation, with the standout result being 128.6 metres @ 4.87% TREO and 0.85% Nb₂O₅ from surface in drill hole AXDD027.
Thick Mineralised Zones Confirm Deposit Scale
The recent batch of assays reinforces the exceptional scale and consistency of mineralisation at Araxá. Significant...
Venus Metals Targets Up to 60,000oz in Deeper Gold at Bellchambers
January 6, 2026• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Venus Metals Corporation (ASX: VMC) has identified a significant new gold exploration target beneath its Bellchambers deposit in Western Australia, strengthening the long-term development potential of its Sandstone Gold Project. The estimate suggests that deeper mineralisation could materially increase the project’s overall gold inventory as the company moves toward production planning.
Mining company @VenusMetals has defined a new, almost 1M tonne exploration target for deeper mineralisation beneath its Bellchambers #gold deposit, about 25 kilometres south of Sandstone in WA’s Murchison Goldfields....
Monadelphous Secures $175 Million BHP Car Dumper Contract in Port Hedland
January 6, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Monadelphous Group Limited (ASX: MND) has secured a major construction contract with BHP valued at approximately $175 million. The announcement on 06 Jan 2026 strengthens ASX MND outlook 2026 in Western Australia’s iron ore sector. This significant win builds momentum for Monadelphous secures BHP work following last year’s successful Car Dumper 3 delivery.
...
Civmec Strikes Major $400 Million Deal as BHP and Fortescue Fuel Mining Expansion
January 5, 2026• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Civmec Limited (ASX: CVL) has kicked off 2026 with a bang, securing contract awards and extensions worth more than $400 million from Tier-1 mining clients. The Western Australian engineering giant announced that it had locked in significant work packages with BHP Group (ASX: BHP) and Fortescue (ASX: FMG), reinforcing its position as a leading contractor in Australia’s resources sector.
The contracts are expected to be delivered across the second half of FY26 and into FY27. They reflect Civmec’s strategic focus on early contractor involvement and order book diversification while demonstrating the strength of long-standing relationships with blue-chip mining clients.
BHP Port Debottlenecking Project 2: A Flagship...
Miner Missing After Roof Collapse Triggers Major Rescue at Curragh Coal Mine
January 3, 2026• Home Top Stories, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
A major rescue operation remains underway at the Curragh Coal Mine in Central Queensland after a roof collapse left one worker missing and another hospitalised, triggering a large-scale emergency response involving specialist mine rescue teams.
...
Forrestania and Poseidon Nickel Lock in Formal Sale Agreement for Lake Johnston Infrastructure
December 31, 2025• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Story, Trending News
Forrestania Resources (ASX: FRS) confirmed execution of the formal sale agreement with Poseidon Nickel for its Lake Johnston Project on 31 December 2025. The binding document satisfies a critical condition in the $35 million acquisition, positioning Forrestania closer to securing Western Australia’s significant processing infrastructure.
The deal has moved beyond the heads of agreement stage into formal documentation. Completion hinges on shareholder approval at a meeting scheduled for 12 January 2026.
Payment Structure Shifts as Deal Progresses
The original payment terms received an amendment. Forrestania has completed an $8 million payment to Poseidon Nickel Pty Ltd, a wholly owned subsidiary of Horizon Minerals (ASX: HRZ).
The remaining...
Sandfire Resources Extends Timeline for Kalkaroo Copper-Gold Project Agreement
December 30, 2025• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Sandfire Resources Limited (ASX: SFR) and Havilah Resources Limited (ASX: HAV) have announced a timeline extension for their Kalkaroo Copper-Gold Project agreement. The Companies confirmed on 30 Dec 2025 that Havilah’s shareholder meeting will now occur no later than 16 Feb 2026, instead of the originally planned 30 Jan 2026.
...
Don Warrington Passes Away Rumours Spark Confusion After Death In Paradise Christmas Episode
December 29, 2025• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
Speculation about Don Warrington’s passing first circulated online, but the actor’s latest performance in the Christmas special of Death in Paradise led to a swift spread of such rumours.
Audiences looking for definite answers came across deceiving titles and social media messages that mixed fiction with reality. The prominent British actor is still alive, and the confusion is caused by the plot twists and the increased interest of the season in the long-running BBC series.

Online Weight Loss Programs Face International Scrutiny
December 29, 2025• Latest, Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest Daily News, Latest News, Most Popular, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom, USA
International health experts are making loud alerts regarding the way online weight loss programs are marketed to people in vulnerable situations. Advocacy groups have been warning that virtual weight loss services are indirectly prescribing the use of drugs for medical treatment without proper measures in place.
Some telehealth weight loss providers are said to be taking advantage of social media to lure customers. Critics have pointed out that the very aggressive online marketing could reach those who need GLP-1 treatments, but not for medical reasons.
The Australia and New Zealand Academy for Eating Disorders were among the first to express serious concern about these trends. They further stated that minimal medical supervision could cause at-risk individuals to suffer from worse conditions.
...
Medallion Metals Secures ASX Waiver for Share Purchase Plan: What It Means for Shareholders
December 29, 2025• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Medallion Metals Limited (ASX: MM8) has secured a crucial waiver from the ASX for its Share Purchase Plan announced on 15 December 2025. The Medallion Metals Share Purchase Plan will proceed...
Vulcan Energy Secures Retail Funding As Lionheart Project Reaches Milestone
December 29, 2025• Home Top Stories, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Vulcan Energy Resources Ltd has completed the Vulcan Energy retail entitlement offer successfully, thereby making its financial position stronger. The completion is a significant event in the Company’s overall equity raising strategy.
The result of the offer was backed by strong participation from eligible retail shareholders. This is after the previous institutional commitments that were a part of the total capital raising. The Company mentioned that the outcome of funding gives it the strength to pursue its lithium ambitions in Europe.
The retail component was included in a pro-rata accelerated non-renounceable entitlement offer. Vulcan Energy Resources Ltd reported that the offer managed to draw a lot of interest from its existing shareholders. The result is a confirmation of the Company’s long-term project development plans’ continued support.
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Platina Resources Completes Mt McKenna Drilling and Strengthens Balance Sheet with US$1 Million Receipt
December 23, 2025• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Platina Resources, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Platina Resources Limited (ASX: PGM) (“Platina Resources” or “the Company”) has delivered a strong operational and financial update, completing its Phase 1 drilling program at the Mt McKenna Gold Project in Western Australia while also receiving an early US$1 million payment linked to the sale of its Scandium Project. The announcement highlights the Company’s disciplined approach to exploration, capital management, and portfolio optimisation as it positions for an active 2026.
Against a backdrop of rising investor interest in gold...
Goodman Group Seals A$14 Billion European Data Centre Partnership with CPP Investments
December 23, 2025• Home Top Stories, ASX, Australia, Canada, Daily News, Greenland, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Goodman Group (ASX: GMG) has announced a landmark Goodman Group data centre joint venture with Canada Pension Plan Investment Board on 23 December 2025. The CPP Investments data centre partnership establishes a ...
Monadelphous Wins Quarter-Billion Dollar Contract in Rio Tinto’s Major Pilbara Expansion
December 22, 2025• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Perth-based engineering powerhouse Monadelphous has clinched a $250 million contract from Rio Tinto that places the company at the centre of one of Western Australia’s most significant iron ore developments.
The construction deal covers multi-disciplinary works at Rio Tinto’s Brockman Syncline 1 (BS1) project in the Pilbara region. Work begins immediately and stretches through 2027.
This announcement caps off a remarkable 2025 for Monadelphous, whose shares have surged more than 95% over the past year.
Scope of Works Spans Entire Infrastructure Build
The Brockman Syncline 1 contract encompasses a comprehensive package of construction services:
- Fabrication and supply works
- Detailed...
South Australia’s Major Copper-tunity: BHP Investment Signals Mining Renaissance
December 19, 2025• Homepage, ASX, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
South Australia is positioning itself as Australia’s copper powerhouse as global electrification demands reshape mineral markets. BHP’s recent AUD 840 million investment in Olympic Dam represents a significant vote of confidence in the state’s copper future. This major commitment comes as the energy transition fuels unprecedented demand for copper and critical minerals across global markets.
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Why metallurgical coal is holding up Australia’s coal trade
December 19, 2025• Home Top Stories, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Australia’s coal sector is operating in a more difficult global market, yet it continues to hold its ground. The main reason is metallurgical coal, which remains in steady demand even as thermal coal loses favour. International forecasts show the met coal trade providing ongoing support to Australian exports.
Global coal trade begins to slow
After surging to record levels in 2024, the global coal trade is starting to cool. The International Energy Agency expects total coal imports to fall by around five per cent in 2025.
The slowdown is being driven by advanced economies. Countries such as Japan, South Korea, and members of the European Union are steadily reducing coal use as energy systems change.
...
McLaren Minerals Acquisition Signals Strong Confidence In Long-Term Zircon And Ilmenite Demand
December 19, 2025• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
The acquisition of McLaren Minerals consists of the purchase of a new mineral sands project in the eastern Eucla Basin, South Australia. McLaren Minerals Limited gained the mining rights from Iluka Resources, thereby increasing its involvement with heavy mineral sands. The deal not only gives the company access to the titanium-focused projects but also broadens its asset base.
The gained properties are collectively known as the Barossa Project, which includes Kalahari, Mojave, and Gobi prospects. Previous exploration in these areas revealed the presence of heavy minerals. This previous research lowers the risk of early-stage development and increases the speed of project evaluation.
According to the contract, McLaren is going to pay a combination of cash and equity upfront. More money will be given when the development milestones are reached. These include resource definition and the...
Antipa Minerals Expands Minyari Resource to 3.3 Million Ounces of Gold Equivalent
December 19, 2025• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Antipa Minerals Limited (ASX: AZY) has announced a significant expansion of its Minyari Project Mineral Resource Estimate. The updated MRE totals 3.3 million ounces of gold equivalent, including 2.7 million ounces of gold, representing an increase of 163,000 ounces. The Minyari development resource announcement on 18 December 2025 reinforces the project’s potential as a standalone...
Paladin Energy Restructures Debt Facility to Strengthen Liquidity and Balance Sheet Flexibility
December 18, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Paladin Energy Ltd (ASX: PDN) has completed a major debt restructure designed to strengthen liquidity and improve balance sheet flexibility. The update was announced on 18 December 2025, following agreement with its syndicated lending group
The Paladin Energy debt restructure reduces total debt capacity while increasing undrawn funding headroom. Management said the changes better reflect the Company’s financial position after recent equity raisings and operational progress.
The restructure is closely linked to Paladin’s ramp-up at the Langer Heinrich Mine in Namibia. It also follows the Company’s acquisition of Fission Uranium Corp, which expanded its asset base.
Overview of the Debt Restructure
The ASX PDN debt...
Far East Gold Extends High-Grade Drilling at Sua Prospect as Gold Market Momentum Builds
December 17, 2025• Announcements, ASX, Australia, Canada, Company, Daily News, Far East Gold Limited, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Far East Gold Limited (ASX: FEG) (“Far East Gold” or “the Company”) has approved an extension to its diamond drilling program at the Sua Prospect within the Idenburg Gold Project in Papua Province, Indonesia, following the delivery of strong high-grade assay results. The decision reinforces growing confidence in the scale and continuity of high-grade gold mineralisation at Sua and positions the Company to capitalise on strengthening global gold market fundamentals.
...
Queensland Hit And Run Horror: Tourist Charged With Eight Attempted Murder Counts
December 15, 2025• Daily News, Home Top Stories, Homepage, Top Stories, Top Story, Trending News
A major hit-and-run case in Queensland has resulted in an incoming criminal tourist. Police said that a male of 38 years age intentionally ran over pedestrians in a car on the Costa Del Sol. The event occurred just before midnight on Saturday and took place at Aerodrome Road in Maroochydore. A white Toyota Yaris was reported to have hit several people on the sidewalk, and that is why the emergency services came to the scene.
The authorities mentioned that eight people walking on the road were knocked down at that time. It is said that the driver managed to escape the scene very shortly after the crash. Police were able to follow the vehicle and locate the residence where the suspect was arrested. The investigators have claimed that the actions of the...
Savannah Acid Attack Shocks Community: Police Seek Eyewitnesses, Intensify Patrols
December 15, 2025• Daily News, Home Top Stories, Homepage, Top Stories, Top Story, Trending News, USA
After a horrifying acid attack close to Forsyth Park that left the community in shock, Savannah Police have now turned to the public for help. The incident took place at 8:16 p.m. at the intersection of Whitaker Street and West Waldburg Street. A woman was out for a walk when an unidentified person reportedly threw a harmful liquid over her. The attack seemed to come out of nowhere and was not provoked.
People who were near the place of the incident talked about having heard loud screams a moment before they saw the victim lying on the ground and clearly in pain. Her clothes appeared to have been chemically damaged which meant the liquid used was very corrosive. The emergency services reached the scene extremely fast, administered first aid and then transported...
HyTerra Teams Up with GeoKiln to Accelerate the Commercialization of Geologic Hydrogen
December 15, 2025• Announcements, ASX, Australia, Canada, Company, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Hyterra Ltd (ASX: HYT), Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
HyTerra Limited (ASX: HYT; OTCQB: HYTLF; Frankfurt:8TP0) (HyTerra or the Company) has signed a binding collaboration agreement with GeoKiln Energy Innovation Inc (Geokiln) to advance the frontier of geologic hydrogen commercialization. The partnership represents a significant strategic shift to adopting a hybrid approach between naturally trapped and engineered hydrogen based on reactions downhole to accelerate HyTerra’s USA projects.
The 12-month collaboration will culminate in what both companies describe as a world-first demonstration of engineered geologic hydrogen generation within a drilled wellbore using GeoKiln’s proprietary MSSH™ process.
Technology Meets Natural Hydrogen
HyTerra’s decision to integrate technology into its exploration strategy reflects lessons...
Whitehaven Coal Updates Blackwater Mine Reserves and Resources
December 15, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Whitehaven Coal Limited (ASX: WHC) has announced a significant upgrade to its Blackwater Mine’s coal reserves and resources. The Whitehaven Coal Blackwater update shows total recoverable reserves jumping to 365 million tonnes from 191 million tonnes. Coal resources now stand at ...
Far East Gold Extends Bonanza-Grade Gold Zones at Idenburg’s Sua Prospect
December 15, 2025• Announcements, ASX, Australia, Canada, Company, Daily News, Far East Gold Limited, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Far East Gold Limited (ASX: FEG) (“Far East Gold” or “the Company”) has announced highly encouraging drilling results from the Sua Prospect within its Idenburg Project in Papua, Indonesia, confirming and extending high-grade gold mineralisation across multiple stacked veins. The latest assay results validate historical drilling, demonstrate continuity at depth and along strike, and reinforce the Company’s interpretation that the Idenburg Project hosts significant resource growth potential. With further assays pending and drilling already exceeding initial objectives, the announcement marks a major step forward in advancing the Sua Prospect.
...
Lakewood Expansion Mining Updates Strengthen Growth Plans
December 12, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest Daily News, Latest News, Mining, Mining Information, News, Pin Top Story, Sectors, Top Stories, Top Story, Trending News
Black Cat Syndicate has approximately 90 square kilometres of new tenements around the Lakewood processing plant. This territory is adjacent to its Kal East mining operation, thus increasing the company’s dominance in a major mining corridor.
This new tenement acquisition is a significant step toward the company’s planned update of the Lakewood expansion mining area. Exploration is supported by the additional land, and long-term mining operations are planned more securely.
The tenements are also an addition to the area of the processing plant, which has a capacity of 1.2 million tonnes per annum, so that Black Cat has new prospects for drilling and development.
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Evolution Mining Schedules December Quarter 2025 Results Conference Call
December 12, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Evolution Mining Limited (ASX: EVN) has scheduled a conference call to discuss the December 2025 Quarter results. The Company will lodge the Quarterly Report with the ASX pre-opening on 21 January 2026.
...
APA Group Releases Estimated Interim Distribution Guidance
December 11, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
APA Group (ASX: APA) is making headlines today with its announcement of an estimated APA Group interim distribution for the six months ending 31 December 2025. The Company has declared an APA Group interim distribution of 27.5 cents per security, marking a ...
Symal Group Locks in $28 Million Queensland Expansion as Brisbane 2032 Pipeline Heats Up
December 10, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Melbourne-based civil contractor Symal Group Limited (ASX: SYL) has signed a conditional agreement to acquire the assets of Timms Group and L&D Contracting for an upfront payment of AUD 28 million. The deal positions the ASX-listed company to capitalise on Queensland’s surging infrastructure pipeline ahead of the Brisbane 2032 Olympic and Paralympic Games.
The acquisition includes more than AUD 28 million worth of plant and equipment. Settlement is targeted for the third quarter of FY26, subject to completion conditions being satisfied.
Managing Director Joe Bartolo described the deal as a strategic move into South East Queensland’s civil sector. Symal expects the combined businesses to deliver approximately AUD 8 million in annualised underlying EBITDA by FY26.
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Will Australia Seize Its Moment in the Fast-Growing Graphite Market?
December 9, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest Daily News, Latest News, Mining, Mining Information, News, Pin Top Story, Sectors, Top Stories, Top Story, Trending News, Uncategorized
Australia is being encouraged to move quickly on a major economic opening in the global battery industry, with a new CSIRO report suggesting the country could become a significant supplier of battery-grade graphite as demand for electric vehicles and energy storage continues to surge.

Australia holds significant natural graphite reserves, but...
BHP Secures US$2 Billion Infrastructure Deal with BlackRock’s GIP for Western Australia Power Network
December 9, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
BHP Group (ASX: BHP) has struck a strategic US$2 billion agreement with Global Infrastructure Partners (GIP), a division of BlackRock, for its Western Australia Iron Ore inland power network. The deal represents one of Australia’s most significant infrastructure monetisation transactions in recent years.
The mining giant will retain 51% ownership and full operational control while securing substantial capital through the arrangement.
Deal Structure Maintains Operational Control
The agreement establishes a new trust entity. BHP will control 51% while GIP injects US$2 billion for the remaining 49% stake.
Over a 25-year period, BHP will pay a tariff linked to its share of WAIO’s inland power usage. The structure does not affect existing joint venture agreements or state obligations.
BHP CEO Mike Henry stated the deal enables the company to...
Rio Tinto’s Game-Changing Restructure: Can $650 Million in Cost Cuts Transform the Mining Giant’s Future?
December 5, 2025• Announcements, ASX, Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Rio Tinto has thrown down the gauntlet. The world’s second-largest miner unveiled an aggressive restructure at its 2025 Capital Markets Day that promises to reshape the company’s trajectory for the next decade.
Chief Executive Simon Trott, barely five months into the top job, didn’t hold back. His blueprint targets productivity gains, tighter capital spending and a major portfolio shake-up.
The market responded with guarded optimism. Rio’s London-listed shares climbed more than 2% in early trading on 4 December 2025.
The Numbers That Matter: $650 Million and Counting
Rio Tinto has already banked $370 million in productivity gains during the first three months of the restructure. The remaining $280 million will land by March 2026.
The savings come from simplified organisational structures and sharper focus on core operations. Job cuts are part of the equation, though Trott declined to specify headcount...
Ramelius Secures Native Title Deal for Rebecca-Roe Project
December 4, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Ramelius Resources Limited (ASX: RMS) has executed a Native Title Mining Agreement with Kakarra Part B Native Title Holders. The agreement covers the Rebecca-Roe Gold Project located 150 kilometres east of Kalgoorlie.
The Company announced the milestone on 4 December 2025. The agreement facilitates initial development and ongoing operations at the project site.
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Resolution Minerals Extends Golden Gate Discovery with Major Gold Intercepts at Horse Heaven
December 3, 2025• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Resolution Minerals Ltd, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Resolution Minerals Ltd (ASX: RML; OTCQB: RLMLF) (“Resolution” or “The Company”) has delivered another wave of promising results from its maiden drilling campaign at the Golden Gate Prospect within the Horse Heaven Gold-Antimony-Tungsten-Silver Project in Idaho, USA. The newest assays confirm broad, continuous gold mineralisation close to surface, reinforcing the potential emergence of a significant intrusion-related gold system (IRGS) across a strike length that could stretch several kilometres.
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Culpeo Minerals Secures $3 Million to Advance High-Priority Copper Drilling Across Chile
November 27, 2025• Company, Announcements, ASX, Australia, Canada, Culpeo Minerals Limited, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Student Watch, Top Stories, Trending News, United Kingdom, USA
Culpeo Minerals Limited (ASX: CPO; OTCQB: CPORF) (“Culpeo” or “the Company”) has taken a major step forward in its Chilean copper exploration strategy after securing strong investor support for a $3 million capital raising. The funds will underpin maiden diamond drilling at the highly prospective Vista Montana Copper Prospect, situated just one kilometre north-east of the Company’s Lana Corina discovery. The Placement also allows Culpeo to accelerate drilling and geophysical programmes across its wider concession package, including the Fortuna Project and La Florida target.
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Platina Resources Limited Begins Maiden Aircore Drilling at Mt McKenna, Advancing High-Potential Laverton Gold Target
November 26, 2025• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Platina Resources, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Platina Resources Limited (ASX: PGM) (“Platina” or the “Company”) has commenced its first drilling program at the Mt McKenna Gold Project in Western Australia’s world-class Laverton gold district. The 7,500-metre aircore drilling campaign marks a major operational milestone for the Company, which secured the project in September 2025 and has since advanced it through detailed geological interpretation and target refinement.
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Evolution Mining Stuns Investors with Record Profit, Massive Dividend Return and Portfolio Growth in 2025
November 20, 2025• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Evolution Mining (ASX: EVN) has delivered its strongest financial performance in 14 years of operations. The company announced record shareholder returns at its Annual General Meeting held on 20 November 2025.
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Transurban €500M Bond Issuance Boosts Capital Strategy
November 18, 2025• Homepage, Australia, Daily News, Home Top Stories, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Transurban Group has successfully carried out a major Transurban €500M bond issuance, which involved the issuance of senior secured notes under the company’s Euro Medium Term Note programme. This step is at the core of Transurban’s large-scale capital structure enhancement plan.
The money raised through this eurobond issuance is not only making liquidity better but also giving the Company more resources to be able to cope with the coming maturities and development costs that are going on.
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MinRes And POSCO Form Landmark Lithium Partnership In Australia
November 12, 2025• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Mineral Resources Limited (ASX: MIN) has finalised a binding cooperation agreement with the South Korean company POSCO Holdings to create a joint venture of substantial scale. The signing of this agreement is a turning point in the lithium industry in Australia as it aligns with the ever-increasing global demand for first-class lithium resources.
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Woman Dies After Unprovoked Attack in Birmingham City Centre
November 11, 2025• Most Popular, Daily News, Home Top Stories, Homepage, Latest, Latest News, News, Top Stories, Top Story, Trending News, United Kingdom
An unprovoked attack in Birmingham city centre has led to the death of a 34-year-old woman after she was stabbed in the neck while waiting at a bus stop near the Bullring shopping centre. The accident took place on Friday evening at approximately 9 p.m., which initiated a prompt reaction from the emergency services. Although the woman, who was referred to the hospital with acute conditions, was given immediate treatment and taken to the hospital, she later died of her injuries.
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Far East Gold Intersects Bonanza-Grade Gold and Visible Gold at Sua Prospect
November 10, 2025• Company, Announcements, ASX, Australia, Canada, Daily News, Far East Gold Limited, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Far East Gold Limited (ASX: FEG) (“FEG” or “the Company”) has delivered a standout exploration update from its flagship Idenburg Gold Project in Papua Province, Indonesia. The Company announced bonanza-grade gold intersections and coarse visible gold from the first hole drilled at the highly prospective Sua Prospect.
Hole KSD023 returned exceptional grades, including 131 g/t Au over 0.8 metres and 180 g/t Au over 0.4 metres. The broader mineralised zone delivered 13.77 g/t Au over 9.8 metres from 18.5 metres...
Monadelphous ASX Update: Strong Revenue Forecast and Expanding Project Portfolio
November 10, 2025• Homepage, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Monadelphous Group Limited (ASX: MND) has announced a robust business update, forecasting approximately $1.5 billion in revenue for the half-year ending 31 December 2025. The company reported elevated project activity across construction, energy, and...
NSW Mining Regulator Rolls Out Fresh Rehabilitation Cost Calculator Ahead of March Deadline
November 6, 2025• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
New South Wales mining operators now have access to an updated rehabilitation cost estimation tool designed to bring greater accuracy and transparency to security deposit calculations. The new system went live on 31 October 2025 and will become mandatory for all mining lease holders from 2 March 2026.
The NSW Resources Regulator developed the tool following extensive consultation with industry stakeholders and a comprehensive benchmark review of current market rates. The move addresses longstanding concerns about whether security deposits adequately cover the full costs of mine site restoration should companies default on their obligations.
Security Deposits Climb to $3.9 Billion Across State
The stakes are high. As of June 2024, the NSW Government holds $3.9 billion in security bonds across roughly 450 mine sites statewide. These deposits have grown significantly from just $500 million in 2005, reflecting both increased mining activity and...
Far East Gold Unlocks Development Pathway with Major Regulatory Approval at Idenburg Gold Project
November 5, 2025• Company, Announcements, ASX, Australia, Canada, Daily News, Far East Gold Limited, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Far East Gold Limited (ASX: FEG) (“Far East Gold” or “the Company”) has secured a critical regulatory milestone at its flagship Idenburg Gold Project in Papua, Indonesia, announcing PIPPIB approval over approximately 9,000 hectares of the project area.
The approval reclassifies the designated area to Production Forestry, removing a key regulatory barrier and providing a clear pathway to environmental permitting, operational licensing, and future mine development. The Company describes this as a pivotal moment that materially de-risks the project and validates its strategic potential as one of Indonesia’s premier emerging gold projects.
Understanding PIPPIB: Indonesia’s Forest Protection Framework
PIPPIB (Peta Indikatif Penundaan Pemberian Izin...
The Voice Australia 2025: Alyssa Delpopolo Makes History with $100k Win in All-Female Grand Finale
November 3, 2025• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom
Alyssa Delpopolo, a 19-year-old music student from Sydney, emerged as the champion in the grand finale of The Voice Australia 2025. The live finale, held on Sunday night, saw an unprecedented all-female line-up with Alyssa competing against Cle Morgan, Bella Parnell, and Cassie Henderson. This marked the first such occurrence in the show’s fourteen-season history.
Delpopolo secured victory after earning the majority of public votes. She captivated the audience during the closing moments with her rendition of Celine Dion’s “It’s All Coming Back To Me Now”. She followed this with a duet, “Lose You To Love Me” by Selena Gomez, alongside her coach Kate Miller-Heidke.
The Grand Finale Sets a Historic Stage
The Voice Australia aired its grand finale on Sunday, 2 November 2025. Four singers competed for the title. Delpopolo represented Team Kate Miller-Heidke. Bella Parnell competed for Richard Marx’s...
Provaris Energy Advances Global Hydrogen and CO₂ Infrastructure with Strategic Partnerships and Norwegian Innovation Centre
November 2, 2025• Provaris Energy, Announcements, ASX, Australia, Canada, Company, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Provaris Energy Ltd (ASX: PV1) has delivered a transformative first quarter for FY2026, marked by significant progress across compressed hydrogen shipping and liquid CO₂ storage initiatives. The Company’s September 2025 quarterly report reveals strategic partnerships with global industry leaders, the establishment of a state-of-the-art innovation facility in Norway, and advancing developments that position Provaris at the forefront of the clean energy transition.
This quarter marked a turning point for the company — moving from concept to concrete delivery. From advancing technical validation to forging strategic partnerships and developing critical hydrogen and CO₂ infrastructure, Provaris demonstrated real...
Resolution Minerals Limited Secures Processing Mill and Tungsten Stockpiles to Accelerate U.S. Critical Minerals Production
October 31, 2025• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Resolution Minerals Ltd, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Resolution Minerals Ltd (ASX: RML; OTCQB: RLMLF) (“Resolution” or the “Company”) has announced a strategic acquisition that positions the Company to become one of the few antimony and tungsten producers in the United States with integrated processing capabilities. On 31st October 2025, the Company entered into a binding agreement to acquire the Johnson Creek Tungsten & Antimony Mill and Antimony Camp properties, sitting on 25 acres of private land directly adjoining its Horse Heaven Project in Idaho.
The acquisition comes at a time when the U.S. Administration faces critical supply challenges for defense-essential antimony and tungsten. With over 80% of U.S. antimony currently imported from China and no domestic primary production, Resolution’s move...
Resolution Minerals Hits Major Gold Discovery in Maiden Drill Hole at Horse Heaven Project
October 28, 2025• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Resolution Minerals Ltd, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Resolution Minerals Ltd (ASX: RML; OTCQB: RLMLF or the Company) has announced a significant near-surface gold discovery at its wholly-owned Horse Heaven Gold-Antimony-Tungsten-Silver Project in Idaho, USA. The Company’s first drill hole returned exceptional results of 189.2 metres at 1.30 g/t gold from 34.1 metres, ending in mineralisation.
The hole, designated HH-GG25-001C, tested unoxidised mineralisation at the Golden Gate Prospect for the first time. Resolution Minerals considers this a “discovery hole” of a possible intrusive-hosted gold system deposit at Golden Gate.
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Police Join Fresh Graft Probe at Rio Tinto’s Flagship Mongolian Mine
October 27, 2025• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Rio Tinto’s Oyu Tolgoi copper mine in Mongolia has become the centre of a new corruption investigation after the mining giant confirmed it has sought cooperation from law enforcement authorities.
The development marks yet another chapter in the troubled history of one of the world’s largest copper projects, which has been plagued by cost overruns, delays, and repeated allegations of misconduct since its inception.
Investigation Targets Procurement Activities
Oyu Tolgoi LLC, Rio Tinto’s subsidiary operating the massive copper-gold mine in Mongolia’s South Gobi Desert, announced on 26 October 2025 that it is conducting a comprehensive internal investigation into allegations involving procurement-related activities.
“We are aware of allegations involving procurement-related...
Peru-Australia Trade Pact Fuels Mining Cooperation Across Regions
October 25, 2025• Homepage, Australia, Daily News, Home Top Stories, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Australia Latin America mining relations are gaining strong traction through Peru’s growing partnership. The mining sector in Peru is welcoming the incorporation of Australian innovation, technology, and expertise into the modernisation of its operations.
At the International Mining and Resources Conference (IMARC) in Sydney, Peru’s Trade and Investment Commissioner, Adriana Salazar, pointed out the opportunities that the Peru-Australia mining corridor offers.
The meeting reaffirmed Peru’s role as a major entry point for Australian companies moving into Latin America’s mining market.
This partnership is in line with Australia’s large scheme of promoting eco-friendly supply chains under the “Future Made in Australia” plan, with critical minerals and clean-energy transitions as the focal points. ...
Ora Banda Mining Strikes High-Grade Gold Across Little Gem as Shallow Discoveries Point to Production Potential
October 23, 2025• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Ora Banda Mining (ASX: OBM) has delivered another round of impressive Little Gem gold drilling results that continue to expand the deposit’s footprint across Western Australia’s prolific Davyhurst region.
The latest Phase 3 drilling confirms mineralisation now extends 1,200 metres along strike and 700 metres below surface. Critically, the system remains open in all directions.
Among the standout intercepts, hole LGDD25030 returned 25.6 metres at 4.3 grams per tonne (g/t) gold. This hole sits 600 metres north along strike from a previous hit of 22.7 metres at 5.0 g/t announced in March 2025.
Near-Surface Gold Zones Emerge at Little Gem
The company has now completed 80 holes totalling more than 29,000 metres since the Little Gem discovery hole was drilled in September 2024.
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Why Big Investors Are Standing By Pilbara Minerals Despite Brutal Year
October 22, 2025• Home Top Stories, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Pilbara Minerals Limited (ASX:PLS) remains a battleground for institutional investors. The lithium giant’s shareholder register reads like a who’s who of global fund managers.
But after a punishing 12 months, are they about to regret their conviction?
The Institutional Ownership Picture
Institutional investors control approximately 59-67% of Pilbara Minerals, giving them enormous influence over the company’s direction. This concentrated ownership means their trading decisions can create significant share price volatility.
The top institutional shareholders include:
- State Street Global Advisors with 11% of outstanding shares
- Australian Super Pty Ltd holding 9.8%
- BlackRock controlling 6.3%
The top 10 shareholders collectively account for roughly 52% of the register, creating a balance between large and...
Ora Banda Gold Mining Report Shows Record Production Growth
October 22, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Ora Banda Mining Ltd (ASX: OBM) has presented a very good performance in its Quarterly Activities Report for September 2025. The gold production of the company was 30,595 ounces, comprising 3,564 ounces of third-party milling. This sizable output has exceeded the June quarter’s production by 39 per cent, thus creating a new record.
The main reason for this improved output is the production from the Sand King gold mine, which provided the Davyhurst processing hub with higher-grade ore. On top of that, the mine consistently improved operations, controlled costs well, and had high plant availability, all contributing to the good performance in the mine’s gold production. Underground expansion and recovery optimisation, which the company has been focusing on, are now yielding results.
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Hydrogen’s Role Remains Central to Global Decarbonisation: Europe Advancing With Economic Reality
October 21, 2025• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Provaris Energy, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Provaris continues to focus on the economic viability across the entire hydrogen supply chain in Europe.
Hydrogen is an essential component of global decarbonization, serving as a raw material for chemicals, energy storage, and electrification. Provaris focuses on the economic viability of the full hydrogen supply chain, from production to delivery.
The hydrogen sector now has its first mature clean projects operating worldwide, backed by about US$110 billion in investment across over 500 projects in various stages. These projects account for over 6 million tonnes per year of committed capacity, with 1 million tonnes already online. By 2030, global supply could grow by an additional 3 to 8 million tonnes.
Europe is third in investment ($19 billion), but may account for almost two-thirds of projected global clean hydrogen demand by 2030. Policies like RED III, CBAM, and ETS could support up to 5 mtpa of EU demand.
Hydrogen...
Platina Expands Laverton Gold Footprint with Sunrise Bore Acquisition
October 20, 2025• Company, Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Platina Resources, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Platina Resources Limited (ASX: PGM) has taken another decisive step in its growth strategy with the acquisition of the Sunrise Bore Gold Project in Western Australia’s Laverton district. The move, announced on 20 October 2025, extends the Company’s landholding south of its recently acquired Mt McKenna Project, positioning Platina alongside some of the region’s most prolific gold deposits, including the multi-million-ounce Sunrise Dam gold mine.
This strategic acquisition reinforces Platina’s commitment to unlocking value in...
Iluka Accelerates Eneabba Rare Earth Refinery Australia: Pioneering Domestic Processing for 2025 Critical Minerals Boom
October 20, 2025• Home Top Stories, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Iluka Resources has hastened the development of its rare earths refinery at Eneabba, which is located in the western part of Australia. The Eneabba rare earth refinery in Australia will turn monazite and xenotime concentrates into separated rare earth oxides. When it is finished, it will be the only one of its kind in Australia. The Eneabba rare earth refinery in Australia is a significant milestone in the development of operational processing.
The refinery will output oxides, including neodymium, praseodymium, dysprosium, and terbium, which are widely used in electric vehicles and wind turbines. These materials are necessary for clean energy technologies and military systems. The Iluka Eneabba rare earths project strengthens Australia’s position in critical minerals processing.
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Albanese to Meet Trump: Securing AUKUS, Navigating Climate Laws, and Managing China’s Shadow
October 17, 2025• Home Top Stories, Australia, Canada, Daily News, Greenland, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
Australian Prime Minister Anthony Albanese will meet US President Donald Trump in Washington on 20 October 2025. This will be their first official meeting since Trump’s re-election and inauguration in January 2025. The summit will cover significant strategic and economic matters central to both nations.
Shared Security and Strategic Interests
Albanese and Trump will discuss the multi-billion dollar AUKUS defence initiative. This partnership between Australia, the US, and the UK aims to provide Australia with nuclear-powered attack submarines. The submarines address China’s growing ambitions in the Indo-Pacific region and are a cornerstone of Australia’s security policy. The AUKUS project is currently under Pentagon review but represents a vital part of the strategic dialogue. Both leaders are expected to reaffirm their commitment to international security principles and the rules-based order in the region.
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Carbonxt Moves Closer to Kentucky Commissioning with Additional $750,000 Investment
October 17, 2025• Company, Announcements, ASX, Australia, Canada, Carbonxt, Daily News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Carbonxt Group Ltd (ASX: CG1) (“Carbonxt” or “the company”) has injected an additional $750,000 into its Kentucky activated carbon facility, lifting its ownership stake to 45.9% as the plant enters its final construction phase. The Company announced that the facility is on track for commissioning in November, with initial sample production expected shortly after.
The milestone investment brings Carbonxt closer to its 50% ownership target in New Carbon Processing, LLC. More importantly, it positions the Company to enter the liquid-phase activated carbon market while expanding total production capacity by approximately 200%.
Construction Reaches Critical Stage
The kiln has been fully constructed following additional insulation work that improved thermal efficiency and maintained...
Aureka Strikes Visible Gold at Its Flagship Irvine Project
October 17, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
Aureka Reports Visible Gold Discovery
Aureka Resources has reported visible gold in multiple diamond exploratory holes at its flagship Irvine Project in Victoria. The company stated that this discovery is a promising development in its ongoing exploration efforts and highlights the project’s growing potential for high-grade mineralization.

BHP’s Australia Boss Breaks Silence on Trade Storm: What It Means for Iron Ore Markets
October 16, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Australia’s mining sector got a rare glimpse behind the curtain this week as BHP’s President for Australia, Geraldine Slattery, addressed mounting speculation about the company’s relationship with China.
Speaking at The West Australian’s Leadership Matters breakfast, Slattery pushed back against fears of a breakdown in trade relations. Her message was clear: business continues despite the noise.
The Rumoured Ban That Sparked Market Jitters
Reports emerged two weeks ago that China Mineral Resources Group (CMRG) had instructed domestic steel mills to pause purchases of BHP’s iron ore cargoes.
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St George Mining Reports Major High-Grade Rare Earths Intercept at Araxá
October 16, 2025• Announcements, ASX, Australia, Canada, Company, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, ST George Mining, Top Stories, Top Story, Trending News, United Kingdom, USA
St George Mining Limited (ASX: SGQ) (“St George” or “the Company”) has announced a significant milestone at its 100%-owned Araxá Rare Earths and Niobium Project in Minas Gerais, Brazil. Assays from the first diamond drill hole, AXDD001, have confirmed a 98.4m interval of high-grade mineralisation approximately 230m west of the current Mineral Resource Estimate (MRE).
Mr John Prineas, Executive Chairman of St George Mining, stated:
“These are exceptional results that deliver on two key objectives of our current drill program – to grow the existing MRE and to define the scale of our major new discovery to the east.”
Western Extension of the Araxá MRE
Step-Out Drill Hole AXDD001
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IperionX Limited Strengthens U.S. Titanium Supply Chain with Major Expansion
October 15, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Virginia operations scale up as Titan Project feasibility advances in Tennesse
IperionX Limited (ASX: IPX, Nasdaq: IPX or “the Company”) has delivered a transformative year, advancing its strategy to re-shore a sustainable U.S. titanium supply chain. The company’s FY25 results highlight rapid operational growth, strong U.S. government partnerships, and progress on the Titan Critical Minerals Project in Tennessee.
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Contact Energy Hydro Update 2025: Cost Drops & Storage Gains
October 15, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
The latest market report from Contact Energy highlights strong hydroelectric production for the fourth quarter of 2025, major increases in New Zealand’s water storage, and significant reductions in hydro generation costs.
The Contact Energy hydro update 2025 confirmed that the water supply in the South Island’s controlled storage was at 116% of the historical average, and in the North Island’s controlled storage, it was at 120% of the average. The Clutha hydro scheme, one of the company’s largest assets, also reported the same storage level as 120% of the mean.
Inflows through the Clutha basin during September 2025 were exceptionally high, at 143% of the mean, which ensured good reservoir levels before the summer.
Hydro storage in New Zealand numbers indicate a secure generation outlook for 2025, with reduced risk from dry years. Combined with recent hydro generation...
Bellevue Gold Achieves Net Zero Emissions and Targets Production Growth
October 14, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
FY26 guidance of up to 150,000 ounces supports expansion plans at the world’s first net-zero gold mine
Bellevue Gold Limited (ASX: BGL) has reaffirmed its position as one of Australia’s fastest-growing mid-tier gold producers after attaining net zero greenhouse gas emissions (Scope 1 and 2) at its flagship Bellevue Gold Project in Western Australia.
The company, with one of the highest-grade gold mines in the country, gave its growth perspective at the Citi Resources Conference, with a production target of 130,000 to 150,000 ounces in the FY26 and a strategic placement to offer persistent operational and financial growth in the FY27 and beyond.
...
Rio Tinto Delivers Record Production as New CEO Charts Path to Operational Excellence
October 14, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Rio Tinto (ASX: RIO) has posted impressive third-quarter production results, marking CEO Simon Trott’s first quarterly report since taking the helm in August 2025. The mining giant achieved back-to-back quarterly production records at its bauxite operations and the Oyu Tolgoi copper mine, while reaching a critical milestone at Guinea’s Simandou iron ore project.
The results underscore Rio Tinto’s operational momentum. Copper equivalent production surged 9% year-on-year in Q3, driven by strong performance across all major assets.
New Leadership, New Focus
Trott opened his statement by reaffirming safety as the company’s top priority. He acknowledged the tragic death of Mohamed Camara at the SimFer mine site.
“This has been a time for huge reflections on safety across the group,” Trott said in...
St George Mining Secures A$72.5M Funding to Accelerate Araxá Rare Earths-Niobium Project Toward Development
October 13, 2025• Announcements, ASX, Australia, Canada, Company, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, ST George Mining, Top Stories, Top Story, Trending News, United Kingdom, USA
St George Mining Limited (ASX: SGQ) (“St George” or “the Company”) has announced a successful A$72.5 million equity raising to fast-track its flagship Araxá Rare Earths-Niobium Project in Brazil toward a Final Investment Decision (FID). The funding comprises two tranches — an A$50 million institutional placement and a A$22.5 million strategic...
Bellevue Gold Strikes Spectacular High-Grade Results as Production Ramps Into Higher-Grade Zones
October 13, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Bellevue Gold Limited (ASX: BGL) (“Bellevue Gold” or “the Company”) has released exceptional grade control drilling results that underscore the Company’s transition into higher-grade mining zones. The latest results include standout intercepts of 3.2m @ 137.8 g/t gold and 4.9m @ 24.9 g/t gold, providing strong validation for the Company’s FY26 production guidance of 130-150koz.
The announcement marks a turning point for the Western Australian gold producer. After earlier operational challenges, the Company is now well-positioned for a significant production uplift as mining advances into the Deacon, Viago, and Deacon North high-grade stoping areas.
Drilling Results Exceed Expectations Across Multiple Mining Areas
Recent grade control drilling has delivered exceptional results across all active mining fronts at the Bellevue...
Fletcher Building Quarterly Report 2025 Shows Pressure Amid Market Weakness
October 13, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Fletcher Building Limited (ASX:FBU) has released its 2025 quarterly report, showing that the company continues to face challenges in New Zealand and Australia. The report, dated 13 October 2025, includes the company’s first-quarter results for the 2026 financial year (Q1 FY26).
The report shows that there are still market headwinds, and in addition to that, there are decreasing trading volumes and margin pressures experienced by the main business divisions. The management of Fletcher Building has admitted that the market is tough and demand is low, which has resulted in the operations being affected.
...
Far East Gold Commences Drilling at High-Grade Sua Prospect in Papua, Unlocking the Next Phase of Growth
October 13, 2025• Announcements, ASX, Australia, Canada, Company, Daily News, Far East Gold Limited, Featured Business News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Far East Gold Limited (ASX: FEG) (“Far East” or “the Company”) has announced the commencement of a new diamond drilling campaign at its high-grade Sua prospect, one of the most advanced and prospective gold zones within its Idenburg Contract of Work (CoW) in Papua Province, Indonesia.
The Company’s announcement marks a defining moment for Far East Gold as it begins a phase of aggressive exploration aimed at confirming, extending, and potentially upgrading one of the most promising gold systems in the region.
The Sua drill program will include ten diamond drill holes for a total of 1,820 metres, running concurrently with the ongoing campaign at the North Bermol prospect, another highly prospective area within the Idenburg tenement. The twin programs underline Far East Gold’s confidence in the district’s potential to host a...
Moody Blues Singer John Lodge Dies Aged 82
October 10, 2025• Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom
John Lodge, Moody Blues singer, dies at age 82, leaving a sustainable legacy in British rock music. His family affirmed his death by saying that he died a natural death on 10 October 2025 in the presence of his loved ones. According to the family, his death was sudden and unexpected, and the family said he spent his last moments listening to the Everly Brothers and Buddy Holly. No official cause of death has been given out.
Childhood and Music Education
John Charles Lodge, as he was born on 20 July 1943 in Birmingham, England, grew up with a keen interest in music. He graduated from Birmingham College of Advanced Technology with a degree in engineering before he ventured into a professional career. He was initially attracted by rock and rhythm, which led him into the world of performance and songwriting, which are the basics of his subsequent success.
...
Is WA1 Building Australia’s Next Major Niobium Operation? Latest Drilling Results Tell the Story
October 10, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
WA1 Resources (ASX: WA1) just dropped drilling results that have investors asking one question: how big can this get?
The Perth-based explorer released assays from 49 holes at its Luni Niobium Project in Western Australia. Among them, intercepts hitting 6.0% Nb₂O₅ over 11.7 metres and 4.1% Nb₂O₅ over 16.6 metres.
These aren’t your typical grades. They’re exceptional by global standards.
What makes this particularly interesting? The mineralisation starts at surface. It’s shallow. It’s oxide-enriched. And it remains open to the east.
WA1’s Managing Director Paul Savich put it plainly: “Assay results from this year’s drilling have continued to affirm the continuity of the key higher-grade zones.”
The Company has now completed over 80,000 metres of drilling since discovery. Three rigs are...
Mineral Resources Strengthens Board Independence with Veteran HR Executive and Mining Expert
October 10, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Mineral Resources Ltd (ASX: MIN) announced the appointment of two seasoned professionals to its board on 10 October 2025, marking another decisive step in the company’s governance transformation. The diversified miner named Susan Ferrier and Colin Moorhead as independent non-executive directors, bringing decades of leadership experience across finance, human resources, and mining operations.
The appointments form part of an ongoing commitment to board renewal that has become a cornerstone of Malcolm Bundey’s chairmanship since he took the reins in July 2025. The move strengthens independence, enhances governance standards, and provides increased technical oversight at a time when Mineral Resources faces critical operational and reputational challenges.
Susan Ferrier: Culture and People Expert
Ferrier joins Mineral Resources with an...
MAC Copper Shareholders’ Approval Finalises Harmony Acquisition
October 10, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
MAC Copper Limited (NYSE: MTAL; ASX: MAC) has set a new landmark after the Royal Court of Jersey approved its takeover by Harmony Gold (JSE: HAR, NYSE: HMY). This ruling is crucial for the acquisition of MAC Copper by Harmony under Jersey regulations to be finalised.
...
Will Inflation Make Powerball Harder to Win?
October 9, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest News, Most Popular, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
Lottery organisers across the globe continue to modify game structures as economic pressures reshape consumer spending patterns. Recent changes to major lottery systems reveal how inflation influences both participation rates and winning probabilities. The question facing millions of players centres on whether rising costs make achieving lottery success more difficult.
Economic Forces Drive Lottery Modifications
Powerball underwent significant structural changes in 2015 that dramatically altered winning prospects. The lottery increased its main number pool from 59 to 69 balls while reducing the Powerball selection from 35 to 26 options. These modifications increased jackpot odds from 1 in 175.2 million to 1 in 292.2 million, representing a 66.8% decrease in winning probability.
The changes occurred as lottery sales declined nationwide. Officials designed the modifications to create larger jackpots that would attract more participants. Mega...
Osmond Resources Hits Key Stratigraphy in Maiden Drill at Orión EU Critical Minerals Project
October 8, 2025• Announcements, ASX, Australia, Canada, Company, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Osmond Resources Ltd, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Osmond Resources Limited (ASX: OSM) (“Osmond” or “the Company”) has achieved a significant milestone at its Orión EU Critical Minerals Project, with the company confirming that the first drill hole (AV-01) from its maiden drilling campaign has successfully intersected the targeted prospective stratigraphy, the Ordovician Pochico Formation.
...
Swiss Mining Giant Scores Controversial $600M Australian Bailout
October 8, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
Australian taxpayers will fund Swiss mining behemoth Glencore to the tune of $600 million over three years to prevent the closure of critical copper facilities in Queensland. The announcement, made Wednesday 8 October 2025, ends eight months of tense negotiations that left thousands of workers and regional communities hanging in the balance.
Federal Industry Minister Tim Ayres and Queensland Resources Minister Dale Last revealed the funding package during a visit to Mount Isa. The deal keeps the Mount Isa copper smelter and Townsville refinery operational until the end of 2028.
From $2 Billion Request to $600 Million Reality
Glencore initially sought a far more substantial support package. North West Weekly first reported in May that CEO Gary Nagle pitched $2 billion over 10 years to Queensland Premier David Crisafulli.
The Premier wasn’t impressed. Government...
Rio Tinto Doubles Down on Pilbara Iron Future with $1.1 Billion West Angelas Bet
October 7, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Mining heavyweight Rio Tinto (ASX:RIO) has thrown its weight behind Western Australia’s iron ore heartland once again, committing $1.1 billion to extend operations at the West Angelas hub.
The investment comes through the Robe River joint venture alongside Japanese partners Mitsui and Nippon Steel.
It signals continued confidence in Pilbara iron at a time when global steel demand faces headwinds from China’s property slump.
Joint Partners Back 35 Million Tonne Hub
Rio will shoulder $589 million of the total outlay, with Mitsui contributing $362 million and Nippon Steel adding $154 million.
The trio received all state and federal approvals in early October 2025.
West Angelas currently produces 35 million tonnes annually. The project will maintain that capacity by developing fresh ore...
Capstone Copper Earnings Report 2025 Set For October 30
October 7, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Capstone Copper Corp. has announced when it will release its financial results for the third quarter of 2025. The Canadian mining company will be unveiling its Capstone Copper Q3 2025 results on October 30, 2025, after market close.
The company, which trades on both the Toronto Stock Exchange and the Australian Securities Exchange, will follow up its announcement with an investor conference call and webcast.
...
VHM Secures U.S. EXIM Bank Interest for Up to US$200m to Advance Goschen Project
October 6, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
The Export-Import Bank of the United States (EXIM) has extended an invitation to VHM Limited (ASX: VHM) to receive a Letter of Interest in financing up to US$200 million (equivalent to A$304 million) of its flagship Goschen Rare Earths and Mineral Sands Project in Victoria
...
Two Gold Miners Just Created West Africa’s Next Billion-Dollar Powerhouse
October 6, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest Daily News, Latest News, Mining, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Predictive Discovery and Robex Resources have announced a merger that could reshape West Africa’s gold sector. The deal creates a combined entity valued at $3.6 billion with projected annual production exceeding 400,000 ounces by 2029.
The announcement sent Predictive Discovery shares soaring 13% to 50 cents, reflecting strong market confidence in the deal’s strategic logic.
The Predictive Discovery and Robex Deal Structure
The Predictive Discovery Robex merger follows a statutory plan of arrangement under Quebec’s Business Corporations Act. Robex shareholders will receive 8.667 Predictive Discovery shares for each Robex share they hold.
Predictive Discovery expects to issue roughly 2.1 billion shares to Robex shareholders, with potential for another 497 million shares from convertible securities. After completion, existing Predictive Discovery shareholders will own 51% of the combined company, while former Robex...
The Australian Dollar vs US Dollar: What’s Driving Recent Volatility & Its Impact on Miners
October 3, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Sectors, Top Stories, Top Story, Trending News
Recent months have witnessed an increased volatility of the Australian dollar (AUD) relative to the US dollar (USD), a phenomenon of fluctuation of interest rate expectations and commodity price fluctuations, and the sentiment of the world investors. As the AUD/USD trades at 0.6592, or midway between its recent range, the currency pair has become a core focus for markets because of the significance it has in the flow of trade and the performance of the resource sector. To the mining firms in Australia, currency fluctuations have tangible implications – determining revenues, margins, and investor attitudes.
AUD/USD: An overview of the recent performance
Compared to most of its peers, AUD has lost almost 3.8% over the last year against the USD. In the course of 2025, the two have moved in a range of 0.64- 0.66, highlighting their vulnerability to world economic...
Why BHP Just Made Its Boldest Copper Move in Years
October 3, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Sectors, Top Stories, Top Story, Trending News
When BHP announced an $840 million capital injection into Olympic Dam, the timing couldn’t have been more strategic. Just weeks after Indonesia’s Grasberg mine—the world’s second-largest copper producer—ground to a halt following a catastrophic mudslide, Australia’s mining giant positioned itself as the reliable supplier the world desperately needs.
This isn’t just another mining investment. It’s a calculated response to a global copper crisis that’s pushing prices to 16-month highs and exposing the fragility of concentrated supply chains.
The $840 Million Blueprint for Copper Dominance
BHP’s investment package targets four critical areas that will fundamentally reshape Olympic...
Suncorp Group Buy-Back Update: Daily ASX Notification
October 3, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
According to the company’s statement, Suncorp Group Limited continues to make progress in repurchasing shares on the market. The financial services provider is buying shares to enforce its capital management and enhance shareholder value.
The latest report, dated October 3, 2025, flagged new repurchases. On the previous day, Suncorp repurchased a total of 262,161 ordinary fully paid shares. Prior to this repurchase transaction, some 544,605 shares had already been repurchased. This implies that over 800,000 shares have been repurchased under the program.
The trades were executed via the broker Barrenjoey Markets Pty Ltd. The maximum price paid was AUD 20.50000000, while the minimum was AUD 20.15000000.
...
Recycling Rare Earths In Europe & North America: The Next Frontier For Circular Tech Supply Chains
October 2, 2025• Australia, Canada, Daily News, Greenland, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
Rare earth elements support modern technology, from cell phones to renewable energy. Europe and North America are especially vulnerable. China stands unimpeached as the world’s largest miner, refiner, and producer of magnets for rare earths.
It is this imbalance that endangers economic stability and technological independence on the other side. Recycling of rare earths is therefore proposed as a practical inoculation. It lowers import dependence and sustainably closes the resource loop.
Demand is rapidly scaling. By 2030, neodymium magnet demand globally could potentially triple. Without recycling pathways, supply shortages might jeopardise renewable energy and electric vehicle goals.
...
Why Dysprosium, Neodymium & Praseodymium Are The Rare Earths Investors Should Watch Now
October 2, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom, USA
Rare earths have become central to the worldwide technology and energy transition. Dysprosium, neodymium, and praseodymium remain the most strategic of the metals. Electric vehicles, defence systems, and clean energy infrastructure critically depend on them. Has electrification put investors on edge as demand rises?
The supply security race is putting pressure on the industry. Presently, China is a major player in the rare earth supply chain. Some Western markets are creating projects to avoid dependency. This change spurs new investment opportunities. Australia, Canada, and the U.S. are setting up alternative supply chains.
...
Victory Metals Secures Rare Earth Supply LOI with Sumitomo
October 1, 2025• ASX, Australia, Canada, Company, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, Most Popular, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, United Kingdom, USA, Victory Metals Limited
Victory Metals Limited (ASX: VTM) (“Victory Metals” or “Company”) has signed a non-binding Letter of Intent (LOI) with Sumitomo Corporation (“Sumitomo”). The agreement builds on the Memorandum of Understanding signed in December 2024 and marks a stronger stage of cooperation. Sumitomo’s decision reflects confidence in the Company’s North Stanmore Heavy Rare Earth Project in Western Australia.
Framework of the Agreement
The LOI outlines an offtake framework for the Company’s mixed rare earth carbonate (MREC) from the North Stanmore Project. Under the LOI, the Company will supply up to ...
Australia’s First Middle East Trade Deal Takes Effect: A New Era for Mining and Energy Exports
October 1, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
Australia has officially opened a new chapter in its international trade relations as its first-ever Middle East free trade agreement took effect on 1 October 2025. The landmark Australia-UAE Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates promises to reshape export flows worth billions.
The deal arrives at a crucial moment. With Australia’s gold output hitting 300 tonnes in 2025, mining exports are generating record revenues. The UAE agreement offers a strategic gateway to expand these gains across the broader Middle East region.
What’s in the Australia-UAE Trade Deal?
The figures tell a compelling story. Two-way trade between Australia and the UAE reached $18.5 billion in 2024, making the UAE Australia’s largest trade and investment partner in the...
IperionX Limited Accelerates U.S. Titanium Supply Chain Expansion
September 30, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
Virginia operations scaled up as Titan Project DFS begins in Tennessee
IperionX Limited (ASX: IPX, Nasdaq: IPX), a producer of titanium metals and critical minerals, has reported a transformative FY25, highlighted by the ramp-up of its Virginia operations, a major U.S. government funding award, and progress on its flagship Titan Critical Minerals Project in Tennessee.
The company has positioned itself as a leader in re-shoring a sustainable, low-cost U.S. titanium supply chain, an increasingly strategic priority amid global supply chain disruptions and reliance on imports...
WA New Rare Earth Deposit 2025: Surprise Breakthrough in WA Mining
September 29, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Political News, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
A recently discovered rare earth deposit (in variant years) has transformed all or the majority of mining discussions at the global stage in the range of strategic opportunities and challenges, emphasising Australia’s increasing importance in the rare-earth supply chain.
In the zones and areas in this era, exploration has since confirmed a new, 140-metre-wide return of 0.9 per cent TREO at the Gifford Creek carbonatite. It is considered to be a great Western Australia rare earth discovery since only 25 per cent of the system has undergone drilling.
The rest of the system may yield further mineralisation extensions, which only adds to the appeal of rare earth minerals in Western Australia. This find is well-timed due to the rush in demand for energy transition materials and casts further investment attention upon WA’s exploration landscape.
...
Canyon Resources Advances Minim Martap Project with US$835M Valuation
September 29, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Company Secures Critical Mining Permits and Funding
Canyon Resources Limited has released its annual report for 2025, showcasing transformational progress on its flagship Minim Martap Bauxite Project in Cameroon. The company received its Mining Licence in September 2024 following the Mining Convention signing in July 2024. These permits provide Canyon with 20-year tenure over Minim Martap with renewal options.
The company posted a loss of $20.18 million for the year ended 30 June 2025. This compared to $9.54 million in the previous year. Net assets increased to $45.06 million from $43.87 million in 2024. Cash reserves decreased to $11.48 million from $22.17 million in the prior period.
...
Citigold Gold Mine Restart 2025: Charters Towers Project Gains Momentum
September 29, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Citigold Corporation Limited plans to recommence production at its principal project, the Charters Towers Gold Project, located in north-eastern Queensland. The deposit ranks among the largest, highest-grade pure gold resources in Australia.
It holds an Inferred Mineral Resource of 32 million tonnes at 14 grams per tonne of gold, which translates into a total of 14 million ounces. It has, however, estimated a Probable Ore Reserve of 620,000 ounces at 7.7 grams per tonne. These reserves are a testament to the great size of the project and its potential to produce in the longer term.
So far, funds to the tune of $300 million have been poured in by Citigold in acquiring the deposit, developing infrastructure, and undertaking test mining. Prior activities produced over 100,000 ounces of gold, confirming grade and viability. ...
Belararox Advances Copper and Gold Exploration Across Argentina, Botswana and Australia
September 29, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Belararox Limited (ASX: BRX), the base metals and gold explorer, has advanced its international portfolio with exploration and drilling programs in Argentina and Botswana, and the recapitalisation of its Australian interests. Belararox’s flagship Toro–Malambo–Tambo (TMT) copper-gold project in Argentina and Kalahari Copper Belt (KCB) project in Botswana remain the central focus, placing Belararox in a position to reap the reward of global growth in copper demand.
The Belara Project in New South Wales and the Bullabulling Project in Western Australia are also among the interests of the company, on which an option agreement with Minerals 260 was entered into to reduce costs and sharpen priorities regarding overseas growth.
Key...
MinRes Achieves Major Breakthrough as Onslow Iron Upgrade Reaches Final Phase
September 29, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Mineral Resources Limited (ASX: MIN) has delivered a transformative milestone with the completion of critical infrastructure upgrades at its flagship Onslow Iron project. The $7.3 billion mining giant is now positioned to achieve its ambitious 35 million tonnes per annum (Mtpa) production target by early 2026.
The completion marks the culmination of a comprehensive upgrade programme that has revolutionised one of Western Australia’s most innovative iron ore operations.
Infrastructure Transformation Powers Production Growth
MinRes has successfully commissioned its fifth transhipper, MinRes Peak, bringing total transhipping capacity to 35.9 Mtpa. This achievement represents the final piece in a complex logistics puzzle that positions Onslow Iron as Australia’s largest transhipping operation.
...
Russia Aids China with Military Equipment for Potential Taiwan Invasion, Think Tank
September 27, 2025• Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, News, Pin Top Story, Top Stories, Top Story, Trending News
Leaked Files Suggest Growing Cooperation
Documents leaked by a defence institute based in London indicate that Russia is assisting China in weapons and training in case of a potential operation against Taiwan. According to the results, released by the Royal United Services Institute (RUSI), it was a far-reaching collaboration on sophisticated equipment in the military, aerial strategies, and technical training.
...
Signature Resources Raises C$3M to Advance Lingman Lake Drilling
September 27, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News
Signature Resources Ltd. (TSXV: SGU) has secured new financing to advance exploration at its flagship Lingman Lake gold project in northwestern Ontario. The capital raise is expected to fund a multi-hole diamond drilling program, aimed at testing new geological targets and expanding the recently defined mineral resource estimate.
Financing Secures C$3 Million for Exploration
Signature announced a committed private placement financing of C$3 million in the form of flow-through and non-flow-through units. The flow-through units are available at C$0.06 per unit, and non-flow-through units at a fraction lower at C$0.055 per unit.
...
Core Lithium Delivers Comprehensive Restart Strategy with Enhanced Cost Structure
September 26, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
Core Lithium has unveiled its strategic repositioning with the completion of a comprehensive restart study for its Finniss Lithium Project. The company announced significant cost reductions and operational improvements in its annual report for the financial year ending 30 June 2025.
Major Cost Reductions Drive Competitive Position
The restart study achieved substantial cost improvements across all operational areas. Mining costs decreased by 40% while processing costs dropped by 33%. These reductions combine to deliver highly competitive unit operating costs over a projected 20-year mine life.
Pre-production capital expenditure requirements fell by 29%, enhancing the project’s financial attractiveness. The company expects unit operating costs to range between $690-$785 per tonne on an FOB SC6 equivalent basis, excluding royalties.
...
Astute Metals Expands Resource Base with Key Exploration Update
September 26, 2025• ASX, Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Popular Blogs, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
ASE outlines progress at flagship projects as market weighs long-term strategic value
Astute Metals NL (ASX: ASE) has provided an exploration and capital markets update, highlighting progress across its portfolio of energy transition metals projects. The company, with a market capitalisation of $13.5 million, continues to advance its Western Australian and Northern Territory assets as global demand for critical minerals accelerates.
The announcement comes as ASE shares closed at $0.017 on Friday, down 10.5% for the session, with trading volume of 692,092. Management emphasised that the company remains well-positioned to deliver value through targeted drilling programs, resource expansion, and strategic positioning in high-demand...
Develop Global issues 9.2m new shares to strengthen capital base
September 25, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
ASX-listed Develop Global (DVP) completes share issue at $4.05, reinforcing its balance sheet and supporting growth across its mining portfolio.
Develop Global Limited (ASX: DVP) released the listing of 9,200,000 new fully paid ordinary shares on the Australian Securities Exchange. The securities were allotted on 19 September 2025 at $4.05 and raised over $37 million.
The additional funding supports Develop Global’s project development strategy, such as advancing opportunities for exploration and production in Australia. Market capitalisation is $1.29 billion. The company is cementing its role as a leading force in the evolving global resources sector.
This ...
Platina Resources Commences Exploration at Mt McKenna Gold Project
September 25, 2025• Announcements, ASX, Australia, Canada, Company, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Platina Resources, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Platina Resources Limited (ASX: PGM) (“Platina” or “the Company”) has received cultural heritage clearance to commence exploration at its recently acquired Mt McKenna Gold Project in Western Australia’s Eastern Goldfields. Located just 13 kilometres east of Laverton and neighbouring Genesis Minerals’ 3.9Moz Laverton Project and Gold Fields’ 3.9Moz Granny Smith Gold Mine, Mt McKenna positions the Company within one of the country’s most prolific gold-producing regions.
The Project covers over 20 kilometres of highly prospective greenstones, structures and intrusives, and is set to become Platina’s flagship growth platform following the recent divestment of its Xanadu Project.
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Locksley Resources (ASX: LKY) Annual Report 2025: Critical Minerals Update
September 25, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
The annual report of Locksley Resources Limited has been released for FY25, reporting steady progress in exploration and financing activities.
Loss from operations argued at $1,576,530, compared with $2,133,853 in the previous year. Revenue reported was $24,243, compared with $32,986 in 2024. Net assets were reported at the close of the year at $8,770,070 (2024: $8,456,020). Locksley closed the year with cash and equivalents of $2,258,052, indicating a good liquidity position for the near-term drill programs.
Although a loss was recorded, the narrowed deficit is indicative of better cost control. The strengthened balance sheet and additional financing completed subsequent to the end of the year point to the company keeping its funding momentum front and center.
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Harold Dennis Dickie Bird Obituary: Cricket Loses an Icon at 92
September 24, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Sports, Sports News, Top Stories, Top Story, Trending News, United Kingdom, USA
One of cricket’s most commonly identified names is Harold Dennis “Dickie” Bird. Born in Barnsley, Yorkshire, on 19 April 1933, Bird transitioned to umpiring after starting his cricket career. A knee injury prematurely ended playing days, but Bird found his true calling on the field, not as a batsman or bowler, but rather as the man in the middle.
His Hawkeye vision and trademark gestures, accompanied by a witty charm, took Bird right into the hearts of the people. In a way, Bird became more famous than the players that he officiated over, which is something rather uncommon for an umpire. His personality, sense of humour, and integrity turned him into a sports icon worldwide.
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Commonwealth Bank AI Cloud Migration Gains Pace with Lumos AI Accelerator
September 24, 2025• Australia, Canada, Daily News, Greenland, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom, USA
Commonwealth Bank has introduced the CBA Lumos AI accelerator to transform how applications are prepared for the cloud. The system is designed to streamline migration, cut down lengthy manual processes, and enable a greater number of applications to move onto modern platforms within shorter timeframes.
With Lumos, the bank has begun using automation in assessment, code remediation, documentation, and deployment. At the same time, human oversight remains central, ensuring each step meets compliance and operational standards. This balance is seen as vital in supporting the bank’s broader digital transformation agenda.
Building an AI-First Migration Framework
The CBA Lumos AI accelerator is described as an “AI-first” multi-agent system that manages complex workflows in the migration process. Each intelligent agent performs specialised functions such as code analysis, architectural review, document preparation, and final...
Barton Gold Strikes Major Discovery as Tolmer Soil Assays Reveal Massive Extension Potential
September 24, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
Barton Gold Holdings Limited (ASX: BGD) has delivered exceptional results from its latest soil sampling program at the Tolmer prospect, indicating significant extensions of high-grade mineralisation that could transform the Company’s South Australian operations.
The latest assays suggest the discovery of new exploration targets and potential northwest-southeast orientation of mineralisation across the highly prospective Tarcoola Gold Project.
Record-Breaking Silver Intersections Drive Exploration Success
The Tolmer discovery continues to deliver world-class results following...
Parkway Corporate 2025 Annual Report: Industrial Water Technology in Focus
September 24, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
Parkway Corporate Limited (ASX: PWN) released the 2025 annual report, emphasizing on its growing presence in water and wastewater treatment. The company consists of two divisions: Parkway Process Solutions and Parkway Process Technologies. PPS looks into conventional treatment systems, engineering, and installation. PPT, on the other hand, is involved in the development and commercialization of proprietary process technologies.
The report shows that major financial progress has taken place. Operating revenue rose to A$15.14 million, up by 70 per cent year on year. Parkway also announced an EBITDA of A$0.47 million for FY25. This development mirrors a change of the business from investment-heavy to one supporting a steady revenue base.
Industrial water technology (IWT) 2025 remains a core component of Parkway’s strategy. The company targets resource recovery, sustainability, and a greener future.
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Sydney’s Railway Roulette: How Australia’s Busiest Network Became a Commuter Nightmare
September 23, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
sydney-train-failures Sydney’s train network has become synonymous with one word: chaos. What was once the pride of Australia’s public transport system now resembles a daily lottery where millions of commuters gamble their time, sanity, and schedules against increasingly unreliable services.
The Sydney train network, which carries over one million passengers daily across 919 kilometres of track, has lurched from crisis to crisis throughout 2025. From catastrophic infrastructure failures to prolonged industrial disputes, the system that should be the backbone of Australia’s largest city has instead become its most frustrating weakness.
The Strathfield Disaster: When 1,500 sydney-train-failures Volts Brought Sydney...
XRP Cloud Mining and Yield Products Surge as FuturoMining Hits $7,700 Daily Payout Milestone
September 23, 2025• Australia, Canada, Crypto, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, United Kingdom, USA
A wave of high-yield opportunities for XRP holders raises both excitement and caution
The XRP ecosystem is seeing a surge of interest in yield-bearing products, as FuturoMining announced that it has achieved a milestone of $7,700 in daily payouts for its users. The claim has caught the attention of crypto investors seeking passive income, particularly those who have long considered XRP a “hold-and-wait” asset.
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Matthew Holcz Takes the Helm as Rio Tinto’s Global Iron Ore Chief in Major Leadership Realignment
September 23, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
Rio Tinto has appointed Matthew Holcz as the new Chief Executive of its global Iron Ore division as part of a major corporate restructuring. The announcement was made public in August 2025, with Mr Holcz beginning his new role overseeing the company’s iron ore operations worldwide. This move integrates Rio Tinto’s Western Australian iron ore mines, its Iron Ore Company of Canada, and the Simandou project in Guinea upon its completion into one unified portfolio.
Holcz Brings Extensive Experience to the Role
Mr Holcz joined Rio Tinto in 2007 and brings over 20 years of mining industry experience. He has worked across operations, major projects, and commercial roles in various commodities and geographies. Most recently, Holcz was Managing Director of Pilbara Mines, overseeing 18 mines in Western Australia’s Pilbara region, one of the world’s largest iron ore producing hubs. His deep knowledge of Pilbara operations positions him well to...
ASM advances Dubbo Project with heap leach breakthrough and government support
September 23, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
Rare earth developer secures cost reductions, strengthens global supply chain strategy, and positions for growth.
Australian Strategic Materials Limited (ASX: ASM) has announced significant progress at its flagship Dubbo Project in New South Wales, following the completion of a Heap Leach Scoping Study in July 2025. The study outlines a simplified development pathway that reduces upfront capital costs, lowers operating expenses, and accelerates the timeline to production.
The Dubbo Project is one of Australia’s most advanced critical minerals developments. Its potential to produce light and heavy rare earth oxides—including neodymium, praseodymium, terbium, and dysprosium—comes at a time of heightened global...
AIMEX 2025 Shifts to South Australia, Driving Mining Innovation and Industry Growth
September 22, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Sectors, Top Stories, Top Story, Trending News
Asia-Pacific’s International Mining Exhibition (AIMEX) 2025 opens on 23 September at Adelaide Showground in South Australia. The event runs through to 25 September and marks a new chapter by relocating to South Australia, where it will remain for the next decade.
AIMEX is Australia’s longest running mining show, with a history of supporting the mining industry’s latest trends and innovations. This move follows a strong bid from the South Australian Government and highlights the state as a leader in future-focused mining.
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Vault Minerals Targets Strong Three-Year Production Growth with Leonora Expansion
September 22, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Pin Top Story, Sectors, Top Stories, Top Story, Trending News
Vault Minerals Limited (ASX: VAU) has unveiled an ambitious expansion strategy that positions the company for substantial production growth over the next three years. The gold producer’s flagship Leonora operations in Western Australia have become the cornerstone of this growth plan, following a remarkable 39% increase in ore reserves and comprehensive processing facility upgrades.
The company’s strategic focus on the Leonora gold mine expansion reflects broader trends in Australia’s gold sector, where established producers are prioritising brownfield development over riskier greenfield projects. With gold prices maintaining strong levels above $3,000 per ounce in Australian dollar terms, the timing appears optimal for significant capacity...
Beacon Minerals Strikes Gold: Final Iguana Assays Unlock $118M Company’s Production Future
September 22, 2025• ASX, Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Pin Top Story, Top Stories, Top Story, Trending News, United Kingdom, USA
Beacon Minerals Limited (ASX: BCN) reaches a pivotal milestone in its Lady Ida Project development with the completion of final Grade Control assay analysis at the Iguana Deposit. The Western Australian gold producer has successfully wrapped up the most extensive drilling campaign in company history, positioning itself for production commencement in early 2026.
The final batch of assay results marks the conclusion of an ambitious 298-hole, 16,506-metre reverse circulation drilling program. This achievement represents a critical step toward transforming Beacon Minerals from a single-site operator into a multi-asset gold producer in the prolific Eastern...
Perseus Mining Receives Presidential Approval for CMA Underground Development
September 19, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
Perseus Mining Limited (ASX/TSX: PRU) has achieved a significant milestone with presidential approval for its Perseus Mining CMA underground project at the Yaouré Gold Mine in central Côte d’Ivoire. The Presidential Decree, granted on 18th September 2025 by President Alassane Ouattara, marks a historic moment as Côte d’Ivoire prepares for its first underground mining operation.
This approval represents a major step forward for the Perseus Mining Yaouré Gold Mine expansion, positioning the company to extend operations significantly beyond current projections.
Presidential Decree Unlocks Underground Development
The authorisation follows months of regulatory processes, including approval of an Environmental and Social Impact Assessment and a Ministerial Arrêté issued in May 2025 by the Minister of Environment, Sustainable Development and...
Mt Palmer visible gold intersection boosts exploration confidence
September 19, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
Kula Gold Limited announced visible gold intersections in its current diamond drilling campaign at the Mt Palmer Gold Project, Western Australia. This development instills greater confidence in the Company’s strategy of delineating new zones of gold deposits within the Southern Cross Goldfields.
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St George Confirms Major High-Grade Rare Earths and Niobium Discovery at Araxá Project
September 18, 2025• ASX, Australia, Canada, Company, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Sectors, ST George Mining, Top Stories, Top Story, Trending News, United Kingdom, USA
St George Mining Limited (ASX: SGQ) (“the Company”) has confirmed a significant new discovery of high-grade rare earth elements (REE) and niobium at its 100%-owned Araxá Project in Minas Gerais, Brazil.
Breakthrough Discovery at East Araxá
The first batch of reverse circulation (RC) drill assays outside of the existing Mineral Resource Estimate (MRE) delivered standout results, with thick, high-grade intervals confirming the scale of this new zone.
Key highlights include:
- 48m at 5.71%...
BHP Cuts 750 Queensland Jobs as Royalty Burden and Weak Coal Prices Force Major Restructuring
September 17, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Mining, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
Australia’s largest miner has delivered a harsh reality check to Queensland’s coal sector. BHP cuts 750 jobs across its Queensland coal division, marking the most significant workforce reduction in the state’s mining sector this year. The decision strikes at the heart of regional communities that have powered Australia’s economy for decades.
The Saraji South mine will enter care and maintenance from November 2025, effectively mothballing one of the state’s established operations. This dramatic move signals deeper structural problems facing Queensland’s coal industry beyond typical market cycles.
Queensland’s Royalty Regime Under Fire
BHP has squarely blamed Queensland’s progressive coal royalty rates as a...
XRP Price Surges + Smartphone Mining App: Everyone Can Earn $2,650 a Day in Passive Income。
September 16, 2025• Australia, Crypto, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News
xrp-price-surges-smartphone-mining Cryptocurrency is changing how people think about money and investing, and XRP, with its high speed, low fees, and strong regulatory compliance, has become one of the most promising digital assets. As prices rise, a new innovation—the topnotch crypto mining smartphone app—allows users to easily earn passive income without expensive equipment or technology.

Why Choose topnotch xrp-price-surges-smartphone-mining...
BHP CEO Mike Henry Energy Costs 2025: Australia Energy Prices Mining Impact Remains a Key Challenge
September 16, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
Comparison with Australian electricity costs vs US raises competitiveness concerns for investment in major resources
Increases in energy costs put pressure on mining sector
Energy costs 2025 concerns brought new attention to Australia’s mining industry future with BHP CEO Mike Henry sounding a warning that Australia energy prices effect on mining is becoming increasingly obvious, with electricity prices continuing to be two to three times higher than other big mining centers.
Henry wrote Australian electricity prices to the US as 50% and 100% higher. The disparity has cost Australia in competitiveness in attracting and retaining foreign investment in mining. Increased costs, with rising demand for energy security, are being tough on new and current projects.
The mines chief demanded that competitive power is required for activities ranging from discovery to advanced processing. Without affordable and secure power, projects with...
Bridgeport Energy Contingent Resources 2025: Updated Statement on Petroleum Reserves
September 16, 2025• Australia, Daily News, Energy, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
A subsidiary of New Hope Corporation, Bridgeport Energy issued its 2024 Reserves and Resources Statement, detailing the petroleum reserves and contingent resources heading into 2025.
As of 31 July 2024, Bridgeport reported net 2P reserves of 4.4 million barrels of oil equivalent (mmboe). The company also confirmed net 2C contingent resources of 4.9 mmboe.
Such figures reflect the company’s reserves and resources in its operated assets situated in Queensland, South Australia, and Victoria. The reporting is in line with the Petroleum Resources Management System (2018 edition), and therefore complies with worldwide industry standards.
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BlueScope Steel Releases FY2025 Sustainability Report Highlighting Climate Action and Safety Progress
September 16, 2025• ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, Most Popular, News, Sectors, Top Stories, Top Story, Trending News
BlueScope Steel Limited (ASX: BSL) has unveiled its comprehensive FY2025 Sustainability Report, showcasing significant advances in climate action and operational safety across its global steelmaking operations. The report demonstrates the company’s continued commitment to sustainable practices and ESG leadership in Australia’s manufacturing sector.
The Australian steel giant’s latest sustainability disclosure comes as ESG considerations reshape the mining and metals industry, with investors...
Drilling Success at Horse Heaven Boosts Prospects
September 12, 2025• Announcements, Australia, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, News, Resolution Minerals Ltd, Sectors, Top Stories, Top Story, Trending News
Resolution Minerals (ASX: RML) (Resolution Minerals or “the Company”) reports progress at the Horse Heaven Gold-Antimony-Tungsten-Silver Project in Idaho, USA. The Company’s maiden diamond core drilling program conducted at the Golden Gate target has provided encouraging results.
Early Results Hold Promise
The Company’s planned program includes 3,000m of diamond core drilling over 8-10 holes....
Mining Goes Mobile: Mint Miner App Brings Stable Returns on BTC and ETH to Australian Investors, Earning $5,076 Daily
September 12, 2025• Australia, Canada, Daily News, Greenland, Homepage, Latest Daily News, Mining, Mining Information, News, Sectors, Trending News, United Kingdom, USA
Sydney, September 2025—Over a third of Australian investors are actively exploring the long-term value of Bitcoin and Ethereum. However, price volatility, compliance risks, and tax uncertainty still deter many investors. Facing these challenges, the mobile wave of cloud mining is offering a new answer for Australian users.
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Magellan On-Market Buy-Back Update: September 2025 Report
September 12, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Pin Top Story, Sectors, Top Stories, Top Story, Trending News
Magellan Financial Group Limited (ASX: MFG) has issued its daily report on the ongoing on-market buy-back. The announcement was made on 12 September 2025 at 08:23 AEST.
This confirms ongoing progress with the buy-back first announced on 16 March 2022. The company had repurchased 14,075,160 shares the day before.
On 11 September 2025, it repurchased a further 20,158 shares. That led to an overall total of shares repurchased exceeding 14 million as of the present.
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ISR Uranium Project Development 2025 Gains Momentum with Yanrey Partnership
September 12, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
Western Australia’s uranium sector is entering a new era as Cauldron Energy and Uzbekistan’s Navoiyuran agreed to sign a memorandum of understanding. The agreement targets further developing the Yanrey uranium project and building on proven ISR mining technology.
Strategic Move for ISR Uranium Project Development 2025
Cauldron Energy has confirmed that the Yanrey uranium project will proceed under a Navoiyuran umbrella. The transaction is an entry point for one of the globe’s leading uranium producers into Australia.
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Benz Mining Expands Glenburgh’s High Grade Gold System with New Drill Results
September 11, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
Benz Extends Gold Mineralisation at Zone 126
Benz Mining Corp (ASX:BNZ) has delivered significant new drill results at Zone 126 within the Glenburgh Gold Project in Western Australia. Step-out drilling intersected thick, high grade gold bearing zones. Drill hole 25GLR070 returned 44 metres at 4.6 grams per tonne gold from 475 metres within a broader interval of 103 metres at 2.3 grams per tonne. Drill hole 25GLR057 delivered 47 metres at 1.9 grams per tonne gold from 451 metres.
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Zenith Minerals Red Mountain Drilling Delivers Major Gold Discovery
September 11, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
Zenith Minerals (ASX: ZNC) has struck some seriously impressive gold in its latest drilling at the Red Mountain Project in Queensland. They hit a massive 139 metres at 1.05 grams per tonne of gold, packed with several high-grade spots that could really boost this explorer’s future.
This big find is a game-changer for the company, which is worth about $14.8 million. They’ve been steadily working on their intrusion-related gold system known as IRGS at Red Mountain ever since they picked up the project.
Red Mountain Shaping Up as a Big Deal
Tucked away in central Queensland, right between two working mines, Aeris Resources’ Cracow and Evolution Mining’s Mt Rawdon, Red Mountain...
Kula Gold Aurumin Joint Venture Mt Palmer Strengthened by Partner’s Commitment
September 11, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Aurumin retains 20% stake as Mt Palmer gold drilling results 2025 advance in Western Australia’s Southern Cross.
Introduction
Kula Gold Limited (ASX: KGD) has announced that joint venture partner Aurumin Limited (ASX: AUN) will retain its 20 per cent equity in the Mt Palmer Gold Project in the Southern Cross Goldfields, Western Australia.
Aurumin’s decision to continue funding exploration on a pro-rata basis underscores its commitment to the project and reflects confidence in Kula’s technical and operational capabilities. The Mt Palmer asset sits within a...
Aurumin Advances Sandstone Gold Focus with $6M Divestments
September 11, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
Aurumin Limited has executed binding agreements to raise $6 million through the sale of non-core assets. The company is looking to place all its capital and resources into the Aurumin Sandstone gold project in Western Australia.
This is congruent with Brightstar’s development strategy as it ensures capital is directed towards core exploration. The transactions, most facilitated by Brightstar, include sales to Newcam Minerals, Yilgarn Iron, and Sierra Mining.
Funds are to advance exploration, improve resource confidence, and fund Brightstar’s Pre-Feasibility Study, Aurumin said.
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London Victoria Gold Intercepts Signal New Growth Path for Adavale Resources
September 9, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
Adavale Resources Limited (ASX:ADD), released results from its first drilling campaign at the London Victoria Gold Mine in New South Wales. The company reported the first gold assays from the project since 1997. Adavale drilled 11 holes across the site, with three more waiting for assay results. The London Victoria Gold Mine already hosts a JORC Mineral Resource of 3.14 million tonnes at 1.06 grams per tonne gold. This equates to 107,000 ounces of gold.
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Harvey Norman Directors See FY23 Performance Rights Lapse in ASX Filing
September 9, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
Harvey Norman Holdings Limited (ASX: HVN), one of Australia’s leading retailers, has reported the lapse of performance rights previously granted to four senior directors. The disclosure, made under the Australian Securities Exchange (ASX) Listing Rule 3.19A.2, confirms that FY23 performance rights allocated to Executive Chairman Gerald Harvey, CEO Kay Lesley Page, COO John Evyn Slack-Smith, and CFO Chris Mentis have now lapsed.
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PolarX Raises A$5M Placement To Accelerate Humboldt Range Exploration
September 9, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
PolarX Limited has firm commitments backing an A$5 million equity raising. The placement funds will finance new exploration at its Humboldt Range Gold Project in Nevada.
The company issued around 335 million new shares priced at A$0.015 per share. The issue price represented an 11.8% discount to the last traded price of the suspension before the halt. Moreover, it was at a discount of 18.4% to the 5-day VWAP of A$0.018.
The funds will be used towards two principal exploration programs: geophysical surveys and a 5,000-metre RC drill program in the second half of 2025, followed by a further 5,000-metre RC drill program in the first half of 2026.
The proceeds’ allocation is most specific: A$1.5 million toward drilling for 2025 and A$1.5 million for 2026, A$0.6 million toward geophysics, with the remainder of A$1.05 million applied to working capital. Issue costs are estimated at A$0.35 million.
The settlement...
Jumbo Interactive Secures Landmark SaaS Agreement with RSL Queensland for $200 Million Lottery Platform
September 9, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
Jumbo Interactive (ASX: JIN or Jumbo) has hit a big milestone in growing its B2B side. It has signed a full SaaS deal with RSL Queensland. This will power Australia’s biggest prize home lottery program. The tie-up makes Jumbo the tech powerhouse behind the Dream Home Art Union, which rakes in about $200 million in ticket sales each year.
This deal builds on Jumbo’s current link with RSL Queensland, where Dream Home Art Union tickets are already sold on the company’s OzLotteries.com site. The new SaaS partnership takes things deeper and shows Jumbo’s rising role in the charity lottery tech space.
Building a Game-Changing...
Global Mining Leaders and Ministers Unite in Sydney for IMARC 2025
September 6, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Sydney is gearing up to host one of the biggest get-togethers in the mining world, with IMARC 2025 kicking off at the ICC Sydney from 21 to 23 October 2025. This year’s International Mining and Resources Conference is a real turning point for the global mining scene, bringing together leaders from over 120 countries right here in Sydney to chart the industry’s path forward.
Ministers from five continents – think senior leaders from places like Saudi Arabia, New Zealand, Botswana, Sweden, Uganda, and Timor-Leste – are teaming up with their Aussie mates at the 2025 International Mining and Resources Conference + Expo (IMARC). It’s bringing some serious global political clout to what’s already one of the top mining and investment events around.
This year’s bash is set to draw its biggest international crowd yet, with more than 10,000 people showing up, over 500 exhibitors,...
China Biofuel Policy Changes Put Beijing and US Oil Refiners on Same Side
September 6, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
China’s biofuel policy shifts have emerged into the spotlight following Beijing’s outcry over scheduled US action to reduce incentives for renewable diesel made from foreign feedstocks. The controversy has drawn uncommon alignment between Chinese officials and big US oil refiners.
China Biofuel Policy Changes Attract Global Attention
China’s biofuel policy changes became a main issue after one of the Beijing government departments made a move, issuing an August 2025 letter to the US Environmental Protection Agency (EPA). The letter warned that the new regulations would damage trade, reduce US refining efficiency, and slow carbon reduction goals.
The agency argued that cutting credits for foreign-produced feedstocks would put obstacles in the way of cross-border supply chains. China sends the largest quantity of waste oil and used cooking oil to the US, which has become central to renewable diesel...
World Gold Council Proposes Digital Gold Amid Market Concerns
September 6, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
The World Gold Council has put onto the market a new concept for gold ownership and trading. It is called Pooled Gold Interests (PGIs) and seeks to harness the advantages of the allocated and unallocated gold systems. Allocated gold offers security but low liquidity, whereas unallocated gold offers ease of transfer but with credit risk.
PGIs promise an opportunity for fractional ownership of physical gold stored in secure vaults by such a fusion. Owners would have a level of security and ease of transfer while still retaining such characteristics as being usable as collateral. The Council states that this system could modernise the manner in which investors and institutions relate to gold in financial markets.
The plan is for the set-up to be accomplished in conjunction with the legal firm Linklaters and with Hilltop Walk Consulting. Together, they have released a white paper that proposes how PGIs can function as a “third category” of ...
Caprice Resources Embarks on Ambitious 20,000m Drilling Drive at Island Gold Project
September 5, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Caprice Resources Ltd (ASX: CRS) has commenced a 20,000 metre drilling programme at its Island Gold Project (IGP) in Western Australia’s Murchison Goldfields. The Company has confirmed the campaign’s full funding and emphasised that it uses a combination of reverse circulation, diamond, and air core drilling. Caprice started the programme with 7,000 metres of extensional reverse circulation (RC) drilling at the Vadrians prospect.
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Trade War 2025: The Real Economic Impact of Tariffs on Global Markets and Supply Chains
September 5, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Political News, Politics, Sectors, Trending News, United Kingdom, USA
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 changing the world’s economy big time in 2025.
When President Trump got back into office, experts started calling it “Trade War 2.0.” It’s huge. There’s a 25% tariff on most stuff coming from Canada and Mexico. And duties on Chinese goods have shot up to as much as 145% on some items.
The figures paint a tough picture. These tariffs mean an extra tax of about $2,000 for each US family in 2025.
But it’s not just hitting America. The effects are spreading through supply chains and markets around the world.
The Current State of the 2025 Trade War
Things heated up fast in February 2025. Trump signed three orders that slapped 25% tariffs on all...
Black Canyon Raises $10M to Accelerate Wandanya Manganese and Iron Discovery
September 5, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Black Canyon Limited (ASX: BCA) (Black Canyon or the Company) has secured firm commitments for a $10 million placement to accelerate exploration and development at its 100%-owned Wandanya Project in the Oakover Basin, Western Australia. The funds will be directed towards drilling, metallurgical testwork, and feasibility studies across the high-grade manganese and iron discovery, underscoring the Project’s potential to become a significant critical minerals asset within Australia’s growing supply chain.
With strong backing from institutional investors and family offices, the capital raising positions Black Canyon to build momentum across its large manganese portfolio while progressing Wandanya towards development.
Outstanding Drilling...
Rubix Resources Limited completes drilling at Paperbark Project
September 5, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Rubix Resources Limited (ASX: RB6) has completed drilling activities at its Paperbark Project in northwest Queensland. Drilling campaign completed successfully at Paperbark Project, northwest Queensland, to meet that-filled-paper new pitch.
The effort concentrated on the Grunter North Prospect, which, after the geophysical surveys, had been earmarked as a high-priority target. This interaction is certainly a good stepping stone along the company-while-on-exploration road. It adds further to the understanding of geology within the Lawn Hill Platform.
Rubix confirmed that drill hole safety and success were achieved even under difficult ground conditions. The company considers this milestone a significant step toward advancing its exploration pipeline. The focus is now shifted to the recent analysis of results and planning for future work programs.
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Top 5 ASX Mining Stocks This Week: Invictus Energy Leads Market Gainers
September 3, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
ASX mining stocks this week delivered strong gains across exploration and development companies. This week, ASX mining stocks recorded solid gains, especially across explorers and developers. The most notable performances were in energy, gold, and copper stocks. These performances illustrated the optimism in resource markets despite the global challenges.
Invictus Energy led the charge with gains close to 200 per cent. Other junior miners such as Gateway Mining and Ark Mines also saw strong buying interest. The investors’ behaviour revealed a preference for early-stage mining companies with promising projects.
The changes in ASX mining stocks were influenced by both strategic investments and good exploration results. These factors contributed to an overall optimistic outlook on the resources sector.
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HyTerra appoints US energy advisor Dan Milstein as strategic advisor
September 2, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
HyTerra has strengthened its leadership by appointing Dan Milstein, a senior US Department of Energy advisor. With his knowledge of natural and geological hydrogen, the company is set to fast-track its hydrogen exploration strategy.
The company’s new hire marks an important milestone for HyTerra as it continues establishing itself within the clean energy industry. Hydrogen is currently one of the most talked-about sectors within energy and decarbonisation policy on a global scale.
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ASX Gold Stocks Rally as Gold and Silver Reach Record Highs
September 2, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
driven by a weaker US dollar and growing expectations of US Federal Reserve rate cuts.
Gold and Silver Record Highs
Gold set a new benchmark when the London Bullion Market Association fixed its afternoon auction price at US$3,475 per ounce (A$5,350/oz). This figure surpassed the previous peak recorded in April. On the spot market, gold traded as high as US$3,489/oz (A$5,370/oz).
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ASX Short Sale Trends – Week 36: Who’s Being Shorted & Who’s Gaining or Falling
September 2, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Short sellers remain active across the Australian Securities Exchange, with Week 36 delivering some significant shifts in sentiment that savvy investors shouldn’t ignore. The latest data from the Australian Securities and Investments Commission (ASIC) reveals fresh insights into which stocks are attracting bearish bets and which are seeing covering activity.
Remember, this short-selling data operates on a T+4 basis – meaning the figures reflect positions from four trading days earlier. This delay exists because reporting isn’t mandatory until three business days after trades occur.
Week 36 ASX Most Shorted Stocks
The following table shows the current short interest levels for the most heavily shorted stocks on the ASX, along with key drivers behind recent movements:
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Gold Producer Ariana Resources Exceeds IPO Target, Prepares for ASX Debut
September 2, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Gold explorer and developer Ariana Resources has successfully completed its Australian market entry, with its ASX debut now confirmed for 15th September 2025. The London-listed miner raised $11 million through its initial public offering, comfortably surpassing the $10M target and setting the stage for dual-listing under ticker AA2.
The successful capital raising reflects strong institutional appetite for Australian gold exposure, particularly as gold prices maintain near-record levels above $3,400 per ounce. Ariana’ A$11M raise comes at an opportune time, with the...
Austral Gold Secures $1.53M Argentina Mining Loan for Casposo Operations
September 1, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Austral Gold Limited (ASX: AGD; TSX-V: AGLD; OTCQB: AGLDF) has successfully secured a new short-term Austral Gold loan worth $1.53 million from Banco San Juan facility in Argentina. This additional funding builds on the existing $10.71 million loan facility the Argentine bank provided in December 2024, demonstrating continued confidence in the company’s Casposo Argentina mining loan strategy.
The timing proves critical as gold prices continue their remarkable ascent, with the precious metal recently touching $3,450 per ounce, representing a 38% surge in 2025 alone. This favourable market environment positions Austral Gold to maximise returns as operations resume at its flagship Argentine asset.
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Magnum Mining Initiates High-Grade Rare Earth Leach Testing at Palmares REE Project
August 29, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Magnum Mining & Exploration Limited (ASX: MGU, “Magnum”) is pleased to inform that it has commenced testing of high-grade rare earth element (REE) samples of its Palmares Project in Bahia State, Brazil. The project, which has been fully funded to $130,000, will provide critical information on recovery percentages and processing streams, positioning the project for follow-up drilling.
Historic Mine Focus: Feirinha Prospect at Palmares
The Palmares REE Project consists of 18 tenements over ~348 km², strategically located in a host district dominated by top ASX-listed rare earth operators. There is a current leach program on the Feirinha Prospect (tenement 871332/2020), where trench and rock chip sampling has defined persistent high-grade mineralisation.
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Crown Prince Gold Deposit Shows Deeper Growth Potential as New Murchison Gold Delivers High-Grade Drill Results
August 29, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Fresh Drill Results Strengthen Underground Prospects
New Murchison Gold Limited (ASX: NMG) delivered further updates on its progress at the Crown Prince Gold Deposit. The Company confirmed the expansion of the known South-Eastern Zone (SEZ) mineralisation at depth. Recent drilling results from the Company’s flagship Garden Gully Gold Project, near Meekatharra in Western Australia, show the resource continues to grow beyond initial projections.
Company CEO Alex Passmore said, “These intersections expand the underground mining potential of the Crown Prince Gold Mine. The high-grade results we are reporting today are from outside the existing resource which is likely to give good extensions to the resource inventory in these areas.” The Company continues advancing towards open pit mining, with initial ore deliveries to Westgold Resources’ Bluebird Gold Processing Plant scheduled for September.
Significant Drill Intercepts...
Flynn Gold Secures $130,000 Government Grant to Advance Drilling at Historic Tasmanian Gold Projects
August 29, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Flynn Gold has secured a significant boost for its Tasmanian exploration efforts after receiving up to $130,000 in government grant funding through Tasmania’s Exploration Drilling Grant Initiative (EDGI). The funding will advance critical drilling programs at two of the company’s most promising prospects, marking another success story for the state’s mineral exploration sector.
The ASX-listed explorer (ASX: FG1) will use the grants to drill beneath the historic Golden Entrance mine at its Mangana gold project drilling program, alongside testing high-priority targets at its Henty South prospect. With gold prices currently trading near record highs of $3,400 per ounce, the timing couldn’t be better for Flynn Gold grant drilling 2025 activities.
Historic Golden Entrance Mine Takes Centre...
Caravel Minerals Appoints Primero as EPCM for Caravel Copper Project
August 28, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Why has Caravel Minerals chosen Primero for the project?
Caravel Minerals Limited has selected the EPCM contractor, the ‘Primero Group Limited’, for the Caravel Copper Project in Western Australia where the project is set to operate. It is one of the largest copper resources yet to be developed in the country. An evaluation that focused on cost, execution experience, and technical capacity led to the selection of Primero.
Caravel stipulated that the choice of Primero was the lack of capable alternatives with the demonstrated ability to deliver large scale mining and processing projects. The contract will be for engineering, procurement and construction management. This is beneficial for the project as there will be stronger technical oversight, a reduction in execution risk and greater confidence for investors.
Primero is expected to be involved in helping to simplify the development process while preserving the company’s requirements...
Highfield Resources Secures Government Backing as Spain Appeals Goyo Mining Concession Ruling
August 28, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Highfield Resources Limited (ASX: HFR) has secured a vital show of support from the Government of Navarra as Spanish authorities prepare to challenge a court ruling affecting the Goyo mining concession at the company’s flagship Muga Project. The announcement on 28th August 2025 reveals coordinated government backing at three levels while legal proceedings continue through Spain’s highest court.
President María Chivite of Navarra delivered a strong endorsement following recent meetings with company executives. Her letter of institutional support emphasises the project’s strategic importance for Spain and Europe’s agricultural sector. The backing comes at a crucial time as Highfield Resources navigates regulatory challenges that could impact its path to becoming a major potash...
Altair Minerals Heads to Court Against BHP Over Olympic Domain Project Valuation
August 27, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Mining Giants Clash Over Strategic South Australian Tenements
Altair Minerals Limited (ASX:ALR) has announced its intention to proceed to South Australian Wardens Court against BHP Olympic Dam Corporation. The dispute centres on BHP’s infrastructure plans for the Oak Dam Deposit and the valuation of Altair’s adjoining Olympic Domain Project.
The companies have engaged in months of negotiations regarding BHP’s development of its Oak Dam Deposit. BHP requires access through Altair’s project area for infrastructure and development purposes. Both parties have exhausted commercial discussions and now seek judicial resolution.
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Australian Sharemarket Opens Lower as Fortescue Profit Falls and Coles Takes Off
August 26, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
The Australian share market opened lower on Tuesday as mining shares dragged the index down, offsetting gains in consumer staples. Investors closely tracked Wall Street sentiment, where uncertainty over Federal Reserve rate cuts rattled global markets.
Sharemarket Performance in Morning Trade
The S&P/ASX 200 Index fell 31.4 points, or 0.4 per cent, to 8941 at 11.02 am AEST. The index was 24.8 points, or 0.3 per cent, lower at 8947.60 at midday. Seven of 11 industry sectors traded lower, with materials and technology contributing most to the benchmark’s decline.
The Australian dollar was slightly higher, 0.1 per cent up at US$64.90 at 10:27 a.m. That came after the index rose 0.1 per cent in Monday’s trading.
Coles Tops Consumer Staples
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Critical Mineral Corridors: How ASX, TSXV & LSE Mining Leaders Are Building EV Supply Chains
August 25, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, LSE, Mining, Mining Information, News, NYSE, Sectors, Top Stories, Top Story, Trending News, TSX
Mining companies across major exchanges are racing to secure critical mineral supply chains as electric vehicle demand surges globally. ASX, TSXV and LSE-listed firms are establishing strategic corridors from mine to market. These corridors will supply the lithium, nickel, copper and graphite essential for EV battery production.
Global EV Battery Demand Drives Mining Investment
The global EV battery market exceeded one terawatt-hour for the first time in 2024. China dominates with 59% of global demand, while the USA and EU each hold 13% market shares. This surge represents a 25% increase from 2023 levels.
There is a projected increase in battery electric vehicle manufacture in India, which is almost tripled to 377,000 units in 2025 and 130,000 in 2024. The top automakers are...
Australian Shares Hit Record High as Nvidia and Locksley Drive Market Optimism
August 25, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Australian shares hit record highs on Monday after U.S. Federal Reserve Chairman Jerome Powell commented on the potential for an interest rate cut in September. Investor optimism was conveyed across sectors, with mining, technology, and gold stocks leading the gains.
Powell’s Comments Lift Global Sentiment
The S&P/ASX 200 index gained as much as 1% to a new high of 9,054.50 in early trade, with most of the sectors in the positive territory. Consumer staples was the only segment in the red. The benchmark index had shed 0.6% in the previous session.
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Perenti Limited Smashes Financial Records with $3.5 Billion Revenue and Record Cash Generation
August 25, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Mining Services Giant Achieves Breakthrough Results
Perenti Limited (ASX:PRN) generated the best financial results ever on all key indicators in FY25. The international mining services company recorded a 4 percent growth in revenue, to reach $3.5 billion, up against FY24. The Company has operations in 12 countries and more than 10,000 employees all over the world.
The mining contractor demonstrated consistent growth trajectory over the past four years. EBIT(A) compound annual growth rate reached 23.7% during this period. Revenue compound annual growth rate achieved 12.7% over the same timeframe.
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Carbonxt Announces Non-Renounceable Pro-Rata Entitlement Loyalty Options Offer To Raise $0.7m
August 24, 2025• Announcements, ASX, Australia, Carbonxt, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
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 a 10.0% CAGR.

Figure 2: Global Activated Carbon Market By Application
Activated carbon is extensively used in water purification, effectively removing chlorine, volatile organic compounds (VOCs), and other impurities. It also serves critical applications in medical treatments, particularly for toxin and poison management. The material’s versatility, efficiency, and environmentally friendly properties continue to drive its broad adoption across industries. Global demand for activated carbon is increasing due to stricter environmental regulations. Industries are under pressure to adopt effective solutions for air purification and wastewater treatment. The Company’s expanded production capacity in the US positions it to meet this demand.
The offer reflects a strategic alignment of shareholder engagement and operational expansion. It enables the Company to strengthen its balance sheet while delivering value to investors.
Investor’s Outlook
Carbonxt (ASX: CG1) last traded at $0.066, giving the company a market capitalisation of $25.53 million. The Company’s stock has traded between $0.043 and $0.082 over the past 52 weeks, reflecting steady market interest.
As a cleantech company, Carbonxt develops and markets specialised Activated Carbon products for capturing contaminants in industrial processes that emit harmful pollutants. The Company manufactures Powdered Activated Carbon and Activated Carbon Pellets for air purification, wastewater treatment, and other liquid and gas phase applications.
Its focus on environmental compliance positions the Company strongly within a growing global sustainability market. Investors should follow key milestones closely. The uptake of the Entitlement Offer, operational performance of the new facility, and broader demand trends will shape near-term outcomes. For long-term investors, the offer reflects an alignment between shareholder rewards and the company’s operational expansion.
Disclaimer
… Read More → Read More: Carbonxt Announces Non-Renounceable Pro-Rata Entitlement Loyalty Options Offer To Raise $0.7mLSE vs TSXV: Divergent Pathways Shaping the Future of Global Mining Capital Markets
August 24, 2025• Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, LSE, Mining, Mining Information, News, Sectors, Trending News, TSX
Mining Capital Markets Under Global Scrutiny
London Stock Exchange (LSE) and the TSX Venture Exchange (TSXV) have emerged as the principal mining exploration and fundraising centres. The two exchanges are uniquely positioned in terms of the number of years they have been assisting global resources companies but also in terms of their style/approach considering the geographical location, nature of investors, and regulatory environment.
Historical Role of the London Stock Exchange
LSE has been a desirable source point of global finance for the past 200 years. London has historically been the place where mining companies have sought funds to finance exploration activities around the world. The exchange has listed giants in the African continent, Latin America and Australia. London continues to hold its image as an international capital gateway and has strong connections with institutional investors in Europe and...
Blockchain Beyond Bitcoin: CSE and TSXV-Listed Companies Leading Real-World Applications
August 23, 2025• Crypto, Daily News, Home Top Stories, Homepage, Latest News, News, Top Stories, Top Story, Trending News
The Rise of Blockchain in Real-World Applications
In the beginning, the technology was synonymous with cryptocurrency, Bitcoin in particular, and has now become a disruptive technology across industries. Canadian companies on the Canadian Securities Exchange (CSE) and TSX Venture Exchange (TSXV) are spearheading it, developing applications that far exceed the notion of digital currencies.
While cryptocurrencies do have their significance, the blockchain’s capabilities of making things transparent, secure, and efficient are now being applied to supply-chain management, financial services, energy, etc. Such instances bear witness to the growing integration of blockchain into core industry processes.
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Victory Metals Limited: A Critical Minerals Player Shaping Australia’s Rare Earth Supply Chain
August 22, 2025• Announcements, ASX, Australia, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News, Victory Metals Limited
Victory Metals Limited (ASX: VTM) (“Victory” or “the Company”) is rapidly emerging as a significant player in Australia’s critical minerals sector. Led by CEO Brendan Clark, the Company focuses on developing a scalable scandium oxide and mixed rare earth carbonate (MREC) supply.
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Ausgold Secures Transformative Land Deal to Advance Katanning Gold Project
August 21, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Ausgold Limited (ASX: AUC) has reached a watershed moment with the acquisition of 860 hectares of critical freehold land for its Katanning Gold Project in Western Australia. The $35 million deal ends a protracted legal dispute and removes the final barriers standing between the company and full project development.
The land acquisition represents far more than a property transaction – it’s the key that unlocks the project’s true potential. This strategic parcel hosts a material portion of Katanning’s Mineral Resource and covers areas that were artificially excluded from the June 2025 Definitive Feasibility Study due to access constraints.
Ausgold is pleased to advise that it has signed a binding agreement with unrelated parties under which it will acquire a substantial freehold land...
Melbana Energy Mobilises Drill Rig for Amistad-2 Production Well in Cuban Oil Development Push
August 21, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Melbana Energy Limited (ASX: MAY) has taken a significant step forward in its Cuban oil development plans, announcing the mobilisation of drilling equipment for the Amistad-2 production well at its Block 9 PSC operation. The move comes after months of logistical challenges and represents a crucial milestone in the Company’s journey toward becoming an oil producer.
The Australian oil and gas explorer, which holds a 30% operating interest in the 2,344 square kilometre Block 9 concession alongside partner Sonangol’s 70% stake, expects drilling to commence in mid-September 2025 with results anticipated by mid-October.
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Resolution Minerals Commences Drilling at Horse Heaven Gold-Antimony-Tungsten Project
August 20, 2025• Announcements, ASX, Australia, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Resolution Minerals Ltd, Sectors, Top Stories, Top Story, Trending News
Resolution Minerals Limited (ASX: RML or “the Company”) has officially commenced drilling at its highly prospective Horse Heaven Gold-Antimony-Tungsten Project in Idaho, U.S. The milestone marks a significant step forward in unlocking the site’s potential as a strategic source of critical minerals, particularly antimony, a commodity of rising global importance due to its military and industrial applications.
Strategic Location and Background
The Horse Heaven Project lies directly adjacent to the Stibnite Gold Mine, owned by NASDAQ-listed Perpetua...
Resolution Minerals Secures Two-Week Exclusive Due Diligence with Snow Lake for Strategic Horse Heaven Project
August 19, 2025• Announcements, ASX, Australia, Company, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Resolution Minerals Ltd, Sectors, Top Stories, Top Story, Trending News
RML Updates Market on Potential Horse Heaven Project Transaction
Resolution Minerals Ltd (ASX: RML) (RML or the Company) shared a significant development to enter in a short-term exclusive dealing arrangement with Snow Lake Resources Ltd (NASDAQ:LITM). The move follows an unsolicited, indicative, and non-binding acquisition offer for the Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho, USA.
Details of the Exclusivity Agreement
RML’s Board resolved to grant Snow Lake a two-week exclusivity period. Under this arrangement, Snow Lake will ...
DOE Commits Nearly $1 Billion to Bolster U.S. Critical Minerals Supply Chain
August 18, 2025• Australia, Daily News, Energy, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Major Federal Investment
The United States Department of Energy announced a major move to strengthen its supply chain. The agency will invest nearly a $1 billion package dedicated to securing the critical minerals industry. Officials confirmed that the funding aims to scale domestic production and reduce foreign dependence. The department stated that technologies for mining, processing, and recycling will receive strong financial support.
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MinRex Reports Critical Mineral Finds at Fraser Range Project, WA
August 14, 2025• Announcements, ASX, Australia, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, MinRex Resources Limited, News, Sectors, Top Stories, Top Story, Trending News
MinRex Resources Limited (ASX: MRR) has released its latest drilling results from the Fraser Range Project in Western Australia, revealing significant intersections of critical minerals, including Rare Earth Elements (REEs), Titanium Dioxide (TiO₂), and Scandium (Sc). The assay results indicate growing potential in sought-after industrial minerals.
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Ausgold Locks in Land and Water Access to Advance Katanning Gold Project Development
August 13, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Pre-Development Work Progresses at Katanning
Ausgold Limited (ASX:AUC) continues to advance pre-development activities at its Katanning Gold Project in Western Australia. The Company has a one hundred percent share in the project and is situated 275 kilometres south-east of Perth. On 30 June 2025, Ausgold finished the Definitive Feasibility Study (DFS) concerning Katanning. The Company has been preoccupied with gaining access to land, water and infrastructure.
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Fortescue Breaks New Ground with RMB 14.2 Billion Syndicated Term Loan from Global Lenders
August 11, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, News, Sectors, Trending News
Major Financial Development for Fortescue
Fortescue Metals Group (ASX:FMG) has closed a landmark RMB 14.2 billion syndicated term loan. This sum is approximately US$2 billion, calculated at a USD to CNH exchange rate of 7.2. This facility sets an industry benchmark with involvement from leading Chinese, Australian, and international lenders. Fortescue is the first Australian corporation to secure a syndicated Renminbi term loan of this scale.
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Lindian Secures Approval for Major Kangankunde Mining Expansion to Drive Stage 2 Growth
August 11, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Lindian Resources Limited (ASX: LIN) received significant approval for an expanded mining licence area in Malawi. The Mining and Minerals Regulatory Authority (MMRA) Board endorsed the company’s application to increase the licence area from 900 hectares to 2,500 hectares. Lindian intends to accelerate the Stage 2 modular expansion of its Kangankunde Rare Earths Project using the new operational footprint.
Regulatory Endorsement and Development Pathway
The expanded mining area supports the company’s ambitions for Stage 2 expansion, running in parallel with Stage 1 plant development. The Malawian Government’s backing delivers regulatory certainty and lowers risks associated with project development. The approval remains subject to a customary feasibility study and clearance from the Malawi Environment Protection Authority within six months.
“The upgrade of our Stage 2 expansion area from an exploration license to a mining license...
Antimony Resources Corp Secures $4M for Canadian Antimony Exploration
August 7, 2025• Daily News, Home Top Stories, Homepage, Mining, Mining Information, Sectors, Top Stories, Top Story
Antimony Resources Corp, registered under CSE: ATMY, announces a private placement for an amount up to $4,025,000 in two tranches. The funds are expected to support exploration activities at the Bald Hill Antimony Project in New Brunswick, Canada. Details of the financing include:
- The sale of 10,000,000 common shares at C$0.20 to raise $2,000,000 until fully subscribed, via hard dollar investment
- Sale of 7,500,000 flow-through shares at $0.27, in total up to $2,025,000
The money is meant to meet other expenses related to exploration, development activities, and working capital. The most recent drill results appear promising for antimony mineralisation at depth and along strike.
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Resolution Minerals Receives $225 Million Unsolicited Offer for Horse Heaven Project
August 7, 2025• Announcements, ASX, Australia, Company, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Resolution Minerals Ltd, Sectors, Top Stories, Top Story, Trending News
Resolution Minerals Ltd (ASX: RML) (“Resolution” or the “Company”) has announced a potentially transformative development for the Company with the receipt of an unsolicited, non-binding, and indicative offer valued at A$225 million for its recently acquired Horse Heaven Project in Idaho, USA. The offer, submitted by NASDAQ-listed Snow Lake Resources Ltd (LITM.NAS), arrives just weeks after Resolution’s acquisition of the advanced antimony-tungsten-gold-silver asset and signals growing recognition of its strategic and economic significance.
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ASX Miners Performance August 2025 Leads Market Rotation as ASX Ends Flat
August 7, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
ASX Market Update August 7
The Australian Stock Exchange has closed mixed today on Thursday, 7 August, as the Australian share market edged up today with the ASX 200 rising by 1.7 points, or 0.02 percent, to 8,664. The index previously plunged during the session by up to 0.63 percent, to 8,607. The session ended sideways, showing how cautious the market was despite the good results posted by the materials sector, ASX gains.
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Australian Governments Back Nyrstar with $135 Million to Secure Future of Port Pirie and Hobart Smelters
August 7, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Nyrstar, a leading international metals producer, will receive a $135 million bailout package. The federal, South Australian, and Tasmanian governments have agreed to support. This package aims to stabilise Nyrstar’s operations at Port Pirie and Hobart and address financial challenges threatening jobs and production in both cities.
Bailout Structure and Funding Details
The Australian Government will provide $57.5 million. The South Australian Government will commit $55 million. The Tasmanian Government will invest $22.5 million. These funds will allow Nyrstar and its parent, Trafigura, to maintain operations while planning engineering upgrades. The Company earmarked the investment for critical maintenance at the Port Pirie lead smelter and significant projects at the Hobart zinc smelter, including furnace and wharf upgrades.
Nyrstar’s CEO Guido Janssen described the funding as timely support during “extremely challenging global market...
Carbonxt Reports Strong Q4 FY25, Nears Kentucky Launch Amid Rising PFAS Demand
August 4, 2025• Announcements, ASX, Australia, Carbonxt, Company, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Cleantech firm Carbonxt Group Ltd (ASX: CG1) (“Carbonxt” or “The Company”)has released its June 2025 Quarterly Activities Report, marking the end of a transformative financial year for the US-focused environmental technology company.
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Resolution Minerals Strengthens North American Expansion Strategy with Strategic Appointments
August 4, 2025• Announcements, ASX, Australia, Company, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Resolution Minerals Ltd, Sectors, Trending News
Resolution Minerals Ltd (ASX: RML) (the ‘Company’ or ‘Resolution’), an emerging supplier of U.S. defense-critical minerals, is rapidly progressing its flagship Horse Heaven Antimony-Gold-Silver-Tungsten Project in Idaho, USA. The Company is taking a significant leap toward aligning itself with U.S. strategic interests through high-level appointments.
Resolution’s recent strategic developments, including the appointments of senior industry advisors, the naming of a U.S. CEO, reinforce its positioning as a serious contender in the North American critical minerals supply chain.
Advancing the Horse Heaven Project: A Critical Mineral Powerhouse
The ...
Capricorn Metals Reports Strong Q4 Performance with Record Cash Flow
July 30, 2025• ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Gold Production Exceeds Guidance Range
Capricorn Metals Ltd (ASX:CMM) delivered robust operational results for the June 2025 quarter. The Company produced 32,216 ounces of gold at its Karlawinda Gold Project (KGP). This performance lifted annual production to 117,076 ounces, meeting the upper end of FY25 guidance.
The all-in-sustaining cost (AISC) reached $1,381 per ounce for the quarter. Annual AISC of $1,468 per ounce remained within the Company’s guidance range of $1,370-$1,470 per ounce.
Pilbara Minerals Reports Strong June Quarter Performance Despite Price Pressures
July 30, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Production Surges 77% Following Plant Expansion
Pilbara Minerals Limited (ASX:PLS) delivered production of 221.3 thousand tonnes during the June 2025 quarter. The Company achieved a 77% increase compared to the previous quarter’s 125.0 thousand tonnes. The Pilgan Plant’s optimised operations following the P1000 expansion completion drove this significant growth.
Sales volume reached 216.0 thousand tonnes, marking a 72% quarterly increase. The Company shipped spodumene concentrate with an average grade of approximately 5.1% lithium oxide. Sales of tantalite concentrate totalled 60,908 pounds during the reporting period.
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European Lithium Reports Strong Quarter with $12.8M in Share Sales and Major Project Advances
July 30, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
CRML Share Sales Generate Significant Returns
European Lithium Limited (ASX: EUR) has delivered a robust quarterly performance, raising A$12.8 million through strategic share sales in Critical Metals Corp (CRML). The Company sold 2 million CRML shares during the quarter for A$7.6 million. Following the quarter end, EUR sold an additional 1 million shares for A$5.2 million.
CRML’s closing price reached US$4.34 per share on 28 July 2025. This valuation reflects EUR’s current investment worth of US$273,058,221 (A$413,409,567). European Lithium holds approximately 60% of CRML’s issued capital through 62,916,641 ordinary shares.
Tanbreez Project Delivers Outstanding Results
Critical Metals’ flagship Tanbreez Greenland Rare Earth Mine has produced exceptional drilling results. Diamond Hole A1-24 returned 4,722ppm (0.47% TREO) including 26.96% heavy rare earth oxides. The results also showed 1.82%...
ASX Update: Appen Balances Growth and Efficiency in Q2 FY25
July 30, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Appen Limited (ASX: APX) is the global leader in data annotation and AI training services, with its headquarters in Sydney, Australia. The company delivers finely human-annotated data to train machine learning models for some of the biggest tech firms. Appen Limited (ASX: APX) gave out a Q2 FY25 quarterly update on 30 July 2025, reporting mixed results across revenue, cost control, and profitability. For the quarter ended 30 June 2025, Appen reported revenue of US$51.9 million, representing a decline of 6 per cent over the year. However, there was a 3 per cent gain when compared with Q1 FY25.
Revenue for the H1 FY25, excluding Google-related work, stood at US$102.1 million, marking a 2 per cent increase from the...
Wildcat Resources Delivers Strong Pre-Feasibility Study for Tabba Tabba Lithium Project
July 29, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Major Milestone Achieved for Pilbara Operations
Wildcat Resources Limited, also known as WC8 on the Australian Securities Exchange, has completed a Pre-Feasibility Study for its Tabba Tabba Project in Western Australia’s Pilbara region. The study confirms the potential for a long-life lithium mining operation with strong financial metrics.
The 100% owned project demonstrates pre-tax free cashflow of A$4,574 million over the life of mine. Post-tax free cashflow reaches A$3,274 million with an 8% discount rate applied.
Strategic Location Enhances Project Viability
Tabba Tabba sits on granted Mining Leases in an established mining district near Port Hedland. The location provides access to existing transport and energy infrastructure networks.
Wildcat’s General Manager Project Development James Dornan said the PFS demonstrates a robust project with strong fundamentals. The flexibility to scale...
Leeuwin Metals Reports Strong Gold Results at Marda Project
July 29, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
High-Grade Intercepts Support Resource Growth Strategy
Leeuwin Metals Ltd, also known as LM1 on the Australian Securities Exchange, has announced drilling results from its Marda Gold Project in Western Australia. The Company reported assays up to 10g/t gold from its latest drilling campaign.
The Perth-based explorer hit multiple thick, high-grade gold intersections at the Python prospect. These results expand known mineralisation and support the Company’s resource definition strategy.
Python Prospect Delivers Standout Results
The drilling program at Marda Central returned several significant intercepts. MGRC0018 delivered 5m at 5.0g/t gold from 229m to end-of-hole, including 1m at 10.0g/t gold from 231m.
MGRC0027 intersected 23m at 1.29g/t gold from 207m. This intercept included 10m at 2.3g/t gold from 207m and 16m at 0.78g/t gold from 244m.
MGRC0023 returned 9m at 1.15g/t gold from 193m. The...
Ora Banda Mining Reports Strong FY25 Performance Despite June Quarter Challenges
July 29, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Company Achieves Record Annual Production While Strengthening Financial Position
Ora Banda Mining Limited, also known as OBM on the Australian Securities Exchange, has delivered record gold production for FY25 despite facing operational challenges during the June quarter. The Company sold 91,687 ounces of gold for the full year, representing a 36% increase from the previous year’s performance.
The mining Company produced 92,399 ounces of gold for FY25, marking a 32% improvement over the previous year. Gold sold during the June quarter totalled 20,220 ounces through the Davyhurst processing plant.
Financial Strength Maintained Through Operational Difficulties
Ora Banda Mining (ASX:OBM) strengthened its cash position during the quarter, closing with $84.2 million in cash. This represents a $3.5 million increase despite production delays affecting operations.
The Company invested $40.9 million in capital...
FIFO Worker Wins Compensation After Unfair Dismissal Over $200,000 Gold Blunder
July 26, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Fair Work Commission Overturns Termination
A FIFO worker has secured compensation after being unfairly sacked from a Western Australian gold mine. Jamie-Lee Corless-Crane worked as a pit technician for Aurenne Management Services. She faced termination following an incident involving 54 ounces of gold. The gold was mistakenly sent to waste rather than processed, triggering an internal investigation.
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Newmont Achieves Record $1.7 Billion Free Cash Flow, Expands Buyback Program
July 26, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Quarterly Revenue and Cash Flow Performance
Newmont Corporation, also known as NEM on the Australian Securities Exchange, reported second quarter 2025 financial results on 24 July 2025, recording its strongest quarter to date. The company generated $5.3 billion in sales and produced 1.5 million attributable gold ounces. Free cash flow reached a record $1.7 billion, supported by strong operational performance across its Core Portfolio.
Net cash from operations rose 17 percent quarter-on-quarter to $2.4 billion. Operating cash flow reached $2.4 billion after adjusting for working capital contributions of $156 million. Working capital benefits included $215 million from lower receivables and $263 million in accrued future tax payments. Offsetting these were $185 million in reclamation activity spend and $61 million in inventory buildup.
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Northern Star Delivers Record FY25 Cash Flow as KCGM Expansion Nears Completion
July 26, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Record Cash Flow and Solid Performance Across All Sites
Northern Star Resources Ltd (ASX: NST) reported record underlying free cash flow of A$536 million for FY25. Net mine cash flow totalled A$1.189 billion across its Kalgoorlie, Yandal, and Pogo centres. Group gold sales reached 1.634 million ounces at an all-in sustaining cost (AISC) of A$2,163 per ounce, within revised guidance.
During the June quarter, gold sales stood at 444,034 ounces at an AISC of A$2,197 per ounce. Kalgoorlie contributed 222,236 ounces, Yandal 136,673 ounces, and Pogo 85,125 ounces. The Pogo mill delivered a record annualised run rate of 1.6Mtpa.
Northern Star Managing Director Stuart Tonkin said, “The June quarter completes a constructive year of growth investments to position our largest asset, KCGM, for sustained future success.”
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Forrestania Confirms High-Grade Gold Hits as Exploration Expands Across Key WA Projects
July 24, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Ada Ann Prospect Delivers Strong Phase 2 Intercepts
Forrestania Resources Ltd, also known as FRS on the Australian Securities Exchange, confirmed further high-grade gold results at the Ada Ann Prospect during the June 2025 quarter. The Company completed phase two drilling, targeting expansion north, south, and at depth. Drilling covered 14 reverse circulation holes for 1,017 metres.
Results included standout intercepts such as 7 metres at 4.3g/t Au from 72 metres in AARC0029, which included 1 metre at 25.6g/t Au. Other strong intercepts included 3 metres at 7.8g/t Au from 74 metres in AARC0028 and 3 metres at 5.9g/t Au from 82 metres in AARC0024.
AA06 also reported 7 metres at 4.4g/t Au, including 1 metre at 26.1g/t Au. These results confirm consistent mineralised structures and strengthen confidence in Ada Ann’s high-grade gold potential.
Catalina Targets High-Grade Gold and Rare Earth Zones in WA Expansion Drive
July 24, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Exploration Programs Accelerate Across Key Projects
Catalina Resources Ltd, also known as CTN on the Australian Securities Exchange, has provided its quarterly update for the period ending 30 June 2025. The Company progressed drilling and evaluation activities at the Central Yilgarn and Laverton Projects in Western Australia.
A technical review at the Yerilgee and Evanston greenstone belts delivered multiple walk-up RC drilling targets. Catalina scheduled a new RC drilling campaign for the second half of 2025 to follow up promising historical and recent results.
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DeSoto Drives Gold and Rare Earth Discovery with Aggressive Drilling Across Guinea and Northern Territory
July 24, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Drilling Programs Advance Across Guinea and Northern Territory
DeSoto Resources Limited, also known as DES on the Australian Securities Exchange, delivered significant progress across its West African and Australian projects during the June 2025 quarter. The Company launched dual-continent drilling campaigns targeting gold and rare earth elements, enhancing its exploration footprint.
In Guinea’s Siguiri Basin, DeSoto commenced a 5,000-metre power-auger program across Dadjan, Timbakouna and Tole. Initial assay results included standout grades such as 18 metres at 8 grams per tonne gold from surface at Tole. At Dadjan, shallow drilling returned results including 4 metres at 7.08 grams per tonne gold from 2 metres, and 2 metres at 7.12 grams per tonne from 14 metres.
The Company reported that a third auger rig has been secured and will be mobilised to Tole within July. This will complete an additional 2,500-metre grid to test previously...
Magnetic Resources Confirms Strong Feasibility for Lady Julie Gold Project
July 23, 2025• ASX, Daily News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Sectors, Top Stories, Top Story
Study Validates Nine-Year Gold Operation in WA
The 100% owned Lady Julie Gold Project (LJGP) run by Magnetic Resources NL, also known as MAU on the Australian Securities Exchange, is at an end stage in a Feasibility Study. The site is in the Eastern Goldfields, 17 kilometres south west of Laverton, Western Australia.
The analysis notes a free-standing development that will use a total of nine years; the average annual production of which is expected to be 140,000 ounces. LJGP has a life of producing 1.02 million ounces.
Financial Metrics Show Strong Viability
A base case gold price of A$4,000 per ounce provided a pre-tax Net Present Value (NPV) of A$970 million, calculated by Magnetic Resources. The IRR is 45%.
The calculation of NPV in its pre-tax calculation with an A$5,145 per ounce price of gold brings the figure up to A$1.67 billion with the IRR raising to 66%.
Earnings before interest, tax,...
Lifezone Metals now gets BHP’s Tanzania Stake
July 23, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
The Agreement
In a recent definitive agreement with BHP Billiton (UK) DDS, Lifezone Metals will now acquire a 17% interest in KNL or Kabanga Nickel Limited. This sparks the company’s majority ownership in the nickel project happening in Tanzania. KNL’s ownership is thus transferred to Lifezone, which holds an 84% stake in TNCL, also known as Tembo Nickel Corporation Limited, which oversees the project’s operations. The Government of Tanzania has the remaining 16% stake. Incidentally, Lifezone also gets 100%...
Platina Resources: Strong Cash Position, Well-Positioned for WA Gold Projects Acquisitions
July 23, 2025• ASX, Australia, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Platina Resources, Sectors, Trending News
Platina Resources Limited (ASX: PGM) (‘Platina’ or the ‘Company’) is exploring potential gold project acquisitions in Western Australia as the precious metal continues its strong run, with the explorer positioning itself to capitalise on favourable market conditions.
The gold-focused explorer has indicated interest in expanding its portfolio within the resource-rich Yilgarn and Pilbara Cratons, regions known for hosting some of Australia’s most significant gold discoveries. With gold prices recently climbing to AUD 5,201.31 per ounce up 39.15% over the past year, conditions appear ripe for companies with strong exploration portfolios.
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Agrimin Advances Strategic Efforts at Mackay Potash and West Arunta Projects
July 23, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Quarter Highlights Multiple Developments
Agrimin Limited, also known as AMN on the Australia Securities Exchange, has released its quarterly activities report for the period ending 30 June 2025. The Company progressed its Mackay Potash Project, advanced exploration in West Arunta, and completed key corporate activities. Agrimin secured equity commitments, finalised a corporate restructuring, and maintained a cash balance of $2.8 million.

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QMines Advances Mount Mackenzie Project with Optimised Open Pit Strategy
July 22, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Mount Mackenzie Integration Strengthens Regional Plan
QMines Limited, also known as QML on the Australian Securities Exchange, has confirmed positive open pit optimisation results for its newly acquired Mount Mackenzie Gold-Silver Project. The company completed the acquisition from Resource and Energy Group in July 2025 and integrated the asset into its broader Central Queensland growth strategy.
Mount Mackenzie is approximately 140 kilometres to the northwest of Rockhampton and 45 kilometres north of the QMines Develin Creek project, under consideration of becoming a minerals processing and mining central hub comprised of Mt Chalmers and Develin Creek. The various mineralisation located in the project is of high-sulphidation epithermal which is common in the volcanic geology of the region.
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Perseus Mining Unearths High-Grade Gold Zones in Tanzanian Drilling Drive
July 22, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Ongoing Program Targets Reserve Expansion and Mine Life Extension
Perseus Mining Limited, also known as PRU on the Australian Securities Exchange, has delivered further promising results from its resource definition drilling program at the Nyanzaga Gold Project (NGP) in Tanzania. The company reported updated findings on 22 July 2025 after completing 35,623 metres of combined reverse circulation and diamond drilling since its last update in December 2024.
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BHP Group Limited Breaks Output Records as Copper and Iron Ore Surge in FY25
July 21, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
Copper and Iron Ore Reach Record Highs
BHP Group Limited, also known as BHP, on the Australian Stock Exchange, achieved record copper and iron ore production in the year ending 30 June 2025. The company produced over 2 million tonnes of copper across its global assets. Iron ore output reached 263 million tonnes, up 1% year-on-year.
Escondida, the world’s largest copper mine, delivered its best production in 17 years. The mine produced 1.3 million tonnes, a 16% increase from FY24. Spence recorded its highest-ever output, while Copper South Australia delivered record quarterly production in Q4.
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South32 Delivers Strong FY25 Results with Focused Growth and Portfolio Realignment
July 21, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Production Guidance Surpassed Across Key Commodities
South32 Limited, also known as S32 on the Australian Stock Exchange, has exceeded its Group FY25 production guidance, achieving 102% output across operations. The miner recorded significant gains in copper and aluminium production. Copper output rose 20%, while aluminium increased 6%. South32 recorded a 21% rise in group sales volumes in the June quarter. The performance enabled a US$225 million working capital unwind in the second half of FY25.
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Enova Mining Announces High-Grade Titanium And Rare Earth Discovery In Brazil
July 21, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
CODA Central Project Delivers Strong Initial Auger Results
Enova Mining Limited, also known as ENV on the Australian Stock Exchange, has reported significant assay results from its auger drilling program at the CODA Central Project in Minas Gerais, Brazil. All five holes returned high-grade titanium, rare earth elements (REE), and niobium intercepts from near-surface depths.
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Flynn Gold Ltd (ASX:FG1) Expands High-Grade Gold System at Golden Ridge with Strong Trench Results and 95% Recovery Rate
July 18, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, News, Sectors, Trending News
High-Grade Results Support Expansion at Grenadier Prospect
Flynn Gold Limited (ASX: FG1) reported significant exploration progress at its Golden Ridge Project in north-east Tasmania during the June 2025 quarter. The Company confirmed a new quartz-sulphide vein system at the Grenadier Prospect, with trenching extending over 300 metres of strike.
Trenching delivered several key results including 0.6 metres at 13.8g/t Au from Trench 11, and 0.2 metres at 12.3g/t Au within a 6.0 metre interval grading 0.7g/t Au from Trench 13. A bulk sample collected from the G2 vein returned an average grade of 10.54g/t Au. Testwork using standard cyanide leach methods achieved average gold recoveries of 94.9%.
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Sandvik and Glencore expand partnership through Newtrax collision avoidance
July 15, 2025• Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Sandvik has strengthened its relationship with Glencore by deploying Newtrax collision avoidance technology at underground mining sites. This commitment to safety is coupled with advances in the digital transformation of operations across Glencore worldwide.
The agreement covers the deployment of Newtrax’s OEM-agnostic Collision Avoidance System (CAS). The CAS integrates with the Newtrax Mining Data Platform (MDP) to enhance productivity and safety. The initial installation will be at Kamoto Copper Company, in the Democratic Republic of Congo, along with Glencore’s Raglan nickel operation in Quebec.
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Liontown Resources Launches WA’s Landmark Lithium Project
July 14, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, Mining, Mining Information, News, Sectors, Trending News
A hundred-billion-dollar sunbeam has just risen in Western Australia, the Kathleen Valley lithium mine of Liontown Resources. This project is located just some distance to the east of Leinster and is presently among the most advanced lithium projects in the country.
The official opening of Kathleen Valley marked an important occasion in Australia’s battery minerals sector after three years of planning, financing and construction. The project would enable the giant-trucking-cell-electric-vehicle demand for battery storage and home energy storage.
WA Premier Roger Cook, who attended the opening, said the mine would enhance the state’s critical minerals footprint. “This is about jobs, global leadership, and powering the world’s transition,” he said during the event.
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Kathleen Valley Lithium Mine Opens in WA with Tesla, Ford Backing Amid Global Price Slump
July 12, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Major Outback Project Launches Amid Price Challenges
Liontown Resources has officially opened the billion-dollar Kathleen Valley lithium mine in Western Australia. The project, located 700 kilometres north-east of Perth, began shipping its first spodumene product in September after a three-year construction phase costing $951 million. Resources Minister Madeleine King and WA Mines Minister David Michael attended Thursday’s launch.
The site, which employs around 450 workers, supplies lithium to global clients including Tesla, Ford and LG. The mine sits approximately 60 kilometres north of Leinster and is expected to operate for 23 years. However, its commencement comes during a downturn in global lithium prices, which have fallen sharply in recent years.
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How Blockchain-Powered Sportsbooks Reflect the Rise of Fintech in 2025
July 10, 2025• Casino/Gaming, Daily News, Home Top Stories, Homepage, Latest Daily News, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
The world of money and technology has become intertwined and is rapidly changing the way we handle our funds. Today, there’s no need anymore to walk into a bank or a betting shop to move money or place a bet since we can do almost everything from our phones. This shift is part of the bigger trend, fintech, financial technology, which includes e-wallets, online banking apps and overall better ways to send or save money. The latest addition to this technology is blockchain, the same one that is used by cryptocurrencies to manage transactions, which is finding its way to sports betting platforms.
Blockchain sportsbooks are online betting platforms that let players use cryptos instead of fiat currencies, which has many benefits besides just using digital coins to place a bet, like tighter security, faster transactions, more transparency and safe transfers. This aligns perfectly with what fintech is...
Platina Resources to Launch Extensive Drilling Campaign Across Key WA Gold Projects
July 10, 2025• ASX, Australia, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Platina Resources, Sectors, Top Stories, Top Story
Platina Resources Limited (ASX: PGM) (“Platina” or “the Company”) is gearing up for an active exploration season with new aircore drilling programs set to commence in June 2025 at its Challa and Beete gold projects in Western Australia. These initiatives follow promising early-stage results and represent a significant step in advancing the Company’s gold exploration strategy across its highly prospective tenements.
At the same time, Platina is advancing its evaluation of the Xanadu Project in the Ashburton Basin, following the completion of a deep diamond drill hole. The hole revealed promising shallow mineralisation, justifying additional exploration efforts.
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MinRex Resources Completes RC Drilling at Fraser Range Copper-Gold Project in Western Australia
July 9, 2025• Announcements, ASX, Australia, Company, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, MinRex Resources Limited, News, Sectors, Top Stories, Top Story, Trending News
MinRex Resources Limited (ASX: MRR) has announced the successful completion of a Reverse Circulation (RC) drilling program at the Fraser Range Copper-Gold Project, located roughly 120 kilometres northeast of Esperance in the prolific Albany-Fraser Belt of Western Australia. The drilling targeted five high-priority geophysical and structural targets, advancing MinRex’s footprint in one of Australia’s most promising mineral provinces.
This program represents a key milestone under MinRex’s option agreement with West Cobar Metals Limited (ASX: WC1), with the results expected to play a pivotal role in deciding...
Pacgold Reports Promising Drill Results at Alice River, Eyes Bigger Gold Discovery
July 9, 2025• Announcements, Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Pacgold Limited, Sectors, Trending News
Pacgold Limited (ASX: PGO) (“Pacgold” or “the Company”), a Queensland-focused gold explorer, has delivered an encouraging update from its ongoing 2025 exploration campaign at the Alice River Gold Project, located 300 km northwest of Cairns. The Company announced impressive high-grade gold intersections from the initial phase of its 10,000-metre Reverse Circulation (RC) drilling program, highlighting the project’s untapped potential in the heart of North Queensland’s mineral-rich corridor.
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Dartbrook Coal Mine Enters Voluntary Administration and Receivership
July 8, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Sectors, Trending News
The Dartbrook coal mine has been placed into voluntary administration and receivership after failing to meet loan obligations totalling $US113.6 million (A$175 million) to Vitol Asia.
The mine, operated by Dartbrook Operations, a subsidiary of Australian Pacific Coal (AQC), is located in New South Wales’ Hunter Valley coal mining region. It operates as an 80:20 joint venture between Australian Pacific Coal and Tetra Resources.
The company confirmed the mine had entered administration late last week. Deloitte’s Richard Hughes and Timothy Heenan were appointed as voluntary administrators of Dartbrook Operations.
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Vault, Capricorn, and Black Cat Advance WA Gold Output Despite Production Pressures in June 2025 Quarter
July 4, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Vault Minerals Closes First Full Year Post-Merger
Vault Minerals completed its first full financial year following the June 2024 merger between Silver Lake Resources and Red 5. The company reported gold sales of 95,974 ounces during the June 2025 quarter, bringing its total FY25 sales to 385,230 ounces.
This figure falls slightly short of Vault’s FY25 guidance range of 390,000 to 410,000 ounces. The company maintained all-in sustaining costs (AISC) between $2250 and $2450 per ounce. Leonora sold 193,817 ounces in FY25, while Deflector contributed 108,526 ounces and 492 tonnes of copper. Mount Monger added 82,887 ounces.
Vault stated it had invested in infrastructure upgrades during FY25. These included new open pits at Mount Monger, upgrades to the Leonora processing plant and new development work at Deflector. Vault ended the quarter with $685.9 million in cash and bullion and carried no debt.
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WA Geologists Discover Gold-Finding Chemical Fingerprint in Major Mineral Exploration Breakthrough
July 4, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Cook Government-Backed Research Delivers Key Discovery
Funding from the Cook Labor Government has led to a major geoscientific breakthrough in Western Australia. Geological experts have identified a chemical fingerprint that can pinpoint gold-rich ground. The development could reshape global mineral exploration and revive interest in WA’s mineral-rich regions.
GSWA Identifies Chemical Gold Indicator
The Geological Survey of Western Australia (GSWA), part of the new Department of Mines, Petroleum and Exploration, uncovered the fingerprint. Experts analysed thousands of geological samples using state funding. The fingerprint can reveal where ancient molten rock intrusions may have deposited gold.
This signature marks a shift from relying on broad assumptions to targeted exploration. GSWA’s work stems from the State’s Exploration Incentive Scheme. That initiative supports smarter, lower-risk mineral...
MinRes Yilgarn Hub Sale Marks New Era in WA Iron Ore
June 30, 2025• Daily News, Home Top Stories, Homepage, Mining, Mining Information, Sectors, Top Stories, Top Story
Yilgarn Iron Investments has acquired total ownership of the Yilgarn Hub, including all Yilgarn Iron shares. The purchase comprises tenements, licences, fixed assets, approvals, and land associated with the wider Yilgarn iron operations.
MinRes will keep gold and lithium rights over relevant tenements, keeping strategic interest in the area alive. The transfer enables MinRes to concentrate on bigger projects, such as Onslow Iron, while still maintaining valuable mineral rights. The sale was structured to create ongoing benefits for local communities and Western Australia’s wider economy.
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Liontown Leadership Reshuffle: Big Changes at the Top
June 30, 2025• Daily News, Home Top Stories, Homepage, Mining, Mining Information, Sectors, Top Stories, Top Story
Liontown Resources has made a significant reshuffle of its leadership, abandoning a traditional executive structure for one that is more strategic. The mining firm, renowned for its Kathleen Valley lithium project, is making vital internal shifts in operations to come. Two senior management officials, Jon Latto and Adam Smits, are leaving their positions, ushering in a new era for the top brass.
CFO Jon Latto to Depart in Mid-July
Jon Latto, Liontown’s chief finance officer, will retire from the position effective 14 July 2025, after three significant years. Latto had a critical role in capital management, financial strategy, and raising funds during times of extreme market volatility. He joined Liontown in 2022 at a critical juncture when the company made the transition from developer to operational lithium producer.
CEO Tony Ottaviano praised Latto for his discipline, financial stewardship, and the rigour he brought to leadership....
Historic Copper, Gold and Silver Discovery in Andes Marks Largest Mineral Find in Three Decades for Argentina and Chile
June 30, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest News, Mining, Mining Information, Sectors, Top Stories, Top Story, United Kingdom, USA
Largest Mineral Find in 30 Years
Geologists have discovered one of the world’s largest mineral deposits in the Andes, spanning Argentina and Chile. Located in Argentina’s San Juan Province and Chile’s Atacama Region, the Vicuña Mineral Resource contains vast quantities of copper, gold and silver.
Mining companies Lundin Mining and BHP confirmed the discovery, calling it the biggest find of its kind in three decades. The resource includes 13 million tonnes of copper, 32 million ounces of gold and 659 million ounces of silver. These volumes position it as one of the largest mineral deposits globally.
The Vicuña project includes two major sites: Filo del Sol and Josemaria. Filo del Sol holds more than 600 million tonnes at a 1.14% copper equivalent. Josemaria contains close to 200 million tonnes at a 0.73% copper equivalent. Both sites are expected to be vital to the project’s long-term viability and economic impact.
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Sandvik Launches New Generation of Jaw Crushers
June 27, 2025• Daily News, Home Top Stories, Homepage, Mining, Mining Information, Sectors, Top Stories, Top Story
Next-Level Crushing With Upgraded Jaw Technology
Sandvik has introduced the latest generation of jaw crushers targeting the improvement of productivity and safety in mining and quarrying processes. These crushers bring with them a set of enhanced features for the purpose of improving customers’ trust in reliability, sustainability, and ease of operation. Design for toughest industry demands, the newest models allow faster integration and minimize risks during operations. The range integrates smoothly with Sandvik’s wider equipment portfolio, ensuring compatibility across various mining operations.
Martin Johansson from Sandvik stated, “These upgrades represent a leap in operational safety and cost control while meeting sustainability goals.” Developing takes its roots from decades of on-ground exposure and operator feedback. It yields a better return on investment for long-haul operations. Sandvik actually concentrated on...
Cascadia Amp Drilling Tests Yukon Gold-Silver System
June 27, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
First Diamond Drilling at Amp Zone Completed
Cascadia Minerals Ltd. has completed its inaugural diamond drilling program at the Amp Zone, part of its Catch property in Yukon. The company drilled five holes totalling 741.5 metres, targeting a near-surface, high-grade epithermal gold-silver system. This follows the discovery of bonanza-grade gold samples during late-season 2024 prospecting work at the property.
The 2025 Phase 1 drill program concentrated solely on Amp, driven by strong surface mineralisation and clear geological continuity. Catch covers 118 square kilometres in the central Yukon and lies within the underexplored Stikine Terrane, known for world-class deposits. Major regional discoveries such as Red Chris, KSM, and Galore Creek highlight the area’s strong copper-gold potential..
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WA Mining Reforms Deliver Certainty and Modernisation
June 27, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Mining Amendment Bill 2025 Brings Legislative Clarity
Western Australia’s mining sector is set for a major regulatory overhaul as the Mining Amendment Bill 2025 moves forward in Parliament. The Bill introduces 11 key amendments to the Mining Act 1978, aiming to modernise outdated legislative frameworks and address longstanding industry concerns. These reforms clarify tenure security, expenditure reporting, and application processes, providing greater operational certainty for exploration and mining companies.
Notably, the Bill allows for specific areas to be excised from exploration licence applications, a move that addresses both administrative delays and stakeholder conflicts. The legislation also refines how exemption applications are handled, creating more uniform interpretation across the Department of Energy, Mines, Industry...
Rio Tinto Invests $5M in Pilbara Aboriginal Health
June 26, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Rio Tinto has committed $5 million over five years to support Pilbara Aboriginal health through a new partnership. This collaboration is with the Pilbara Aboriginal Health Alliance (PAHA), a key advocate for Indigenous healthcare needs. The partnership focuses on delivering culturally safe, community-led health services across Western Australia’s Pilbara region.
The investment will address long-standing health disparities affecting Aboriginal and Torres Strait Islander populations. With the mining sector’s presence in the Pilbara, Rio Tinto recognises the importance of investing in local wellbeing. This initiative reflects growing support for Indigenous voices in health planning and service development.

Donald Rare Earths Project Receives Final Regulatory Approval
June 26, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
The Donald rare earths project in Victoria has reached a major milestone with its final regulatory approval now secured. The Victorian Government has officially approved the work plan for Astron Corporation’s Donald project, allowing the company to advance into the construction and operational phase. This development marks a significant achievement for Astron and its partners, particularly as global demand for critical minerals and rare earths continues to rise.
NSW Budget Unlocks Major Boost for Mining Investment
June 26, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
The 2025–26 NSW Budget delivers a strong commitment to mining investment with multiple initiatives designed to spur growth. Key funding commitments include $100 million to support new investment and retain jobs across New South Wales’ mining sector. This budget reflects a strategic focus on critical minerals, project acceleration, and reducing industry bottlenecks across exploration and approvals.
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Bravus Indigenous Partnership Gains Recognition
June 25, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Bravus Mining and Resources has been acknowledged for its impactful collaboration with Indigenous enterprises. The Queensland Resources Council (QRC) 2025 Indigenous Awards have highlighted Bravus’s commitment to community inclusion. Central to this recognition is its enduring partnership with Biodiversity Australia. The collaboration showcases how regional businesses and resource operators can grow together. Bravus continues to prioritise Indigenous participation as a pillar of its operational strategy.
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Greatland Resources ASX Listing Sparks Strong Start
June 25, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Greatland Resources has made a successful debut on the Australian Securities Exchange (ASX), marking a major step in its transformation from an explorer to a producer. The listing signals a new era of regional focus, operational momentum, and shareholder growth. Now trading under the ticker ‘GGP’, Greatland is strategically positioning itself in the Australian market.

Greatland Progresses ASX Listing
Dual Listing Strengthens Global Presence
The ASX listing complements Greatland’s existing presence on London’s AIM exchange. The company has restructured to replace Greatland...
Supagas Growth Strategy Drives Future Focus
June 25, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Supagas is accelerating its growth trajectory under the leadership of managing director Erol Arican. The company continues to align innovation with market adaptability and strong customer service. As external pressures mount across the energy sector, Supagas is focused on long-term resilience. Its growth plan centres around fleet upgrades, sustainability initiatives, and regional expansion.

Leadership...
Nifty Copper Project Restart Gains Regulatory Momentum
June 25, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Cyprium Metals is making significant progress on restarting the Nifty copper project in Western Australia. The company has recently secured crucial environmental and construction-related approvals. These developments mark a turning point in the project’s restart timeline, reducing regulatory risk. By locking in these permits, Cyprium is advancing Phase 1 of its restart strategy with clarity. This phase includes early refurbishment works and long-term site planning.

Environmental Approvals Support Early-Stage Activities
Environmental...
Legacy Iron Ore Announces Leadership Transition After CEO Resignation
June 24, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Legacy Iron Ore has confirmed a major leadership change with CEO Rakesh Gupta resigning after a decade in the role. Gupta played a pivotal role in guiding the company from gold exploration to early-stage production at the Mt Celia gold project.
His departure marks the end of a transformative period for the company as it pivots to broader mining development. Gupta originally joined the company in 2015 and leaves behind a strong foundation and defined growth pipeline.
Rakesh Gupta Departs After Decade of Service
Since his appointment in 2015, Rakesh Gupta guided Legacy Iron Ore through significant exploration and feasibility milestones. He played a key role in advancing the Mt Celia gold project, located 40km south of the Sunrise Dam mine.
Under his leadership, Legacy evolved from a gold exploration company into an emerging gold producer with defined production goals. Chairman Amitava Mukherjee thanked...
Fortescue Recognised as Global Leader in Decarbonisation
June 24, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Fortescue has been named among the world’s leading companies in decarbonisation efforts, according to a new UTS report. The report was jointly published by Climate Integrity and the Institute for Sustainable Futures at the University of Technology Sydney.
It praises Fortescue, IKEA and Lendlease for setting a benchmark in climate action through their real zero emissions goals. These companies are not relying on carbon offsets or carbon capture to reduce their environmental footprint.
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Sandvik Enhances Bolting Efficiency with New Resin System
June 24, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Advanced Bolting for Harsh Underground Conditions
Sandvik Mining and Rock Solutions continues innovation in underground mining with a new pumpable resin system. This technology improves bolting speed and enhances safety across harsh and complex underground operations.The system integrates with DS412i and DS412iE bolters, and is available for DS512i via custom order. The system suits the dynamic and evolving needs of modern Australian mines operating in challenging geological conditions. By addressing common pain points, Sandvik delivers higher productivity with safer, faster bolting solutions. Improving bolting operations directly impacts project timelines and workforce safety, critical factors in modern mine development.
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Revolver Resources Unlocks Final Milestone for Dianne Copper Project
June 24, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Revolver Resources has officially fulfilled the final technical requirement of its $1.3 million QCMBTF grant, unlocking full funding. The grant, from the Queensland Government, supports the development of critical minerals, including copper, in strategic projects.
The grant awarded in Feb 2024 supports Revolver’s Dianne copper project in Queensland. This milestone marks significant progress in positioning the project for near-term copper cathode production.
QCMBTF Grant Supports Queensland Critical Minerals
The QCMBTF grant aims to boost Queensland’s presence in the critical minerals sector with a focus on readiness. Funding is targeted at technical design work and front-end engineering that accelerates mine restart capabilities.
By completing the site engineering design, Revolver Resources met all grant conditions and...
ASX 200 Slumps Amid Ongoing Global Tensions and Oil Price Concerns
June 23, 2025• ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
ASX Today: Index Extends Weekly Losses
The ASX 200 continued its downward trend today, reflecting ongoing investor caution amid heightened geopolitical tension and energy market volatility. As of 3:00 pm AEST on June 23, the index dropped 43.00 points, or 0.51%, to 8,462.50. This latest fall pushed it below its 20-day moving average, signalling broader weakness in the local market.
So far, the index has declined by 0.99% over the past five sessions. It now sits 2.04% below its 52-week high. The worst-performing stocks on the ASX today included DIGICO Infrastructure REIT and Bellevue Gold Limited, down 5.44% and 5.32%, respectively.
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Ausgold Expands WA Exploration with Kulin Farm-in
June 23, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Ausgold has taken a major step to increase its regional presence in Western Australia’s goldfields. The company has entered into a farm-in and joint venture (JV) agreement with Critica Resources. The agreement allows Ausgold to earn a majority stake in the E70/5077 tenement. Located 75km north of the Katanning gold project, E70/5077 offers access to a fertile gold corridor. The strategic deal allows to explore and develop new targets along the Yandina Thrust. This region is highly prospective and hosts significant gold operations like Griffins Find and Tampia. The company’s focus remains on unlocking value across the eastern Katanning Greenstone Belt. Ausgold continues to position itself as a leading gold explorer within regional Western Australia.
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Westgold Doubles Beta Hunt Gold Resource with Fletcher Discovery
June 23, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Westgold Resources has unveiled a major gold discovery at its Beta Hunt project in Western Australia. The company’s maiden resource estimate for the Fletcher Zone adds 2.3 million ounces to the operation. This effectively doubles Beta Hunt’s total gold resource, marking a major step in its growth trajectory. A maiden mineral resource estimate of 2.3 million ounces has been announced for the Fletcher Zone. This marks a near doubling of Beta Hunt’s total gold resource since the last report in September 2024. The update signals significant potential for mine life extension and increased production capacity.
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Currajong Confirmed as Major Scandium Prospect in NSW
June 23, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Rimfire Pacific Mining has confirmed Currajong as a major scandium opportunity in New South Wales. The company’s latest drilling results highlight high-grade scandium zones across several intersections. This comes amid global concerns following Chinese export restrictions on critical minerals including scandium.
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Drilling Results Reveal Strong Assay Highlights
Recent air core drilling at Currajong...
Anglo American Secures Rehabilitation Milestone at Dawson Mine for Grazing Use
June 23, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Dawson Mine land certified for cattle grazing
Anglo American has achieved a major milestone at its Dawson coal operation in Queensland’s Bowen Basin. The company has rehabilitated 82 hectares of land, now certified for agricultural use under the Environmental Protection Act 1994. Queensland’s Department of Environment, Tourism, Science and Innovation issued the progressive certification.
First among Anglo’s Bowen Basin coal assets
Dawson is the first of Anglo American’s five steelmaking coal operations in Queensland to receive this level of certification. The site now supports up to 135 head of cattle near Moura, Banana and Theodore in Central Queensland. Rehabilitation efforts began in 2012 and focused on restoring the land for long-term cattle grazing.
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Federal and QLD Governments Unite to Save Mount Isa Copper Smelter
June 23, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Joint effort to secure Mount Isa copper smelter
The Federal and Queensland Governments are working to secure the future of Glencore’s Mount Isa copper smelter. Federal Minister for Industry, Innovation and Science Tim Ayres and Queensland Minister for Resources and Mines Dale Last met with Glencore’s senior leadership on 19 June. The meeting formed part of a coordinated strategy to explore a long-term solution for the smelter and its associated infrastructure.
Mount Isa vital to Queensland economy
The Mount Isa copper smelter underpins thousands of jobs and supports North and North-West Queensland economies. It also plays a key role in critical infrastructure such as the Mount Isa to Townsville rail line and the Port of Townsville. Dale Last stated the Queensland Government remains committed to finding a solution that works for all parties. “The Queensland Government is engaging genuinely to deliver a solution that...
Peabody Coal Mine Lockout Sparks Industrial Dispute in NSW
June 21, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Lockout Hits 160 Workers Over Bargaining Dispute
Around 160 coal miners at the Peabody coal mine in Helensburgh have faced a lockout for over a week. The workers were locked out without pay following a one-hour industrial action. The dispute stemmed from stalled negotiations over an enterprise agreement between the union and Energy.
The Mining and Energy Union (MEU) said Peabody’s action was retaliatory. The lockout followed a brief strike over a lack of progress in bargaining talks.
Union Slams “Harsh and Intimidating” Response
MEU South West District vice president Mark Jenkins condemned response. He described the lockout as an attempt to coerce workers into dropping their claims.
“Peabody’s move to lock out MEU members for over a week is nothing but an attempt to punish and intimidate workers for exercising their industrial rights,” Mr Jenkins said.
He stated the union only took a limited one-hour stoppage. “And then...
Metso Copper Electrorefining Innovation Targets High-Purity Cathode Production
June 20, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Metso copper electrorefining solutions have been upgraded to support sustainable production of high-purity copper cathodes with lower costs. The company announced new developments on June 18, 2025, highlighting a comprehensive electrorefining process upgrade tailored for both greenfield and brownfield operations. With over 80% of global copper currently produced via electrorefining, these innovations respond directly to demand for LME grade A copper.
Integrated Solutions Deliver Seamless Electrorefining Process
The copper electrorefining system includes not just individual machines but modular layouts with optimised purification steps for seamless material flow. This integration guarantees safer plant operations with consistent quality and higher recovery of valuable impurities over time. Customers benefit from complete support from anodes to cathodes, enhancing copper refining technology outcomes and long-term plant...
TAKRAF Group Strengthens Commitment to Canada’s Mining Sector with Global Expertise and Local Agility
June 19, 2025• Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
300 Years of Mining Engineering
In 2025, TAKRAF Group celebrates its 300th anniversary as a leader in mining, material handling and processing technologies. Founded in 1725 in Lauchhammer, Germany, the Group has grown from a hammer mill into a global mining equipment provider. Its operations are driven by engineering depth, innovative thinking and responsiveness to local markets.

TAKRAF Group celebrates its 300th anniversary
Canadian Operations Reflect Global Strength
TAKRAF entered Canada in 2006 with an office in Calgary focused on the oil sands sector. Early...
Komatsu Melbourne Fulfilment Centre Enhances Customer Experience Across Southern Australia
June 18, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Sectors, Top Stories, Top Story
Strategic Location Boosts Komatsu’s Presence in Growing Economic Hub
Komatsu launched its new $9.9 million Melbourne fulfilment centre in Tarneit in March.The 12,500m² facility is strategically located in Victoria’s fast-growing western corridor, supporting Komatsu’s expanding logistics capabilities. With Melbourne projected to become Australia’s largest city by 2030, the Komatsu Tarneit facility ensures the company remains agile in a rapidly evolving market. The region’s proximity to Australia’s fourth-largest container port strengthens OEM logistics Australia and improves supply chain efficiency for Komatsu.
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Metso Powers Goldfields Mining Support with New Kalgoorlie Hub
June 18, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
In Western Australia, no region symbolises mining quite like the Goldfields, anchored proudly by the historic town of Kalgoorlie. Rich in Western Australia gold and famed for its long-standing mining legacy, the region continues to draw global mining industry investment. In 2025, gold prices surged past $5000 per ounce, igniting fresh energy in exploration, development, and production across the region. This surge has intensified the need for efficient, sustainable, and responsive Goldfields mining support backed by strong technical expertise and quick access.
Metso Kalgoorlie Centre: A Strategic Move
Metso has responded decisively by officially opening its new Metso Kalgoorlie operations centre in the heart of the Goldfields. Opened in March 2025, the facility marks a milestone in Metso’s commitment to Goldfields mining support and regional development. Metso’s Kalgoorlie site provides tailored slurry pump support and technical services for...
FIRB Clears Tivan Sumitomo Joint Venture for Speewah Fluorite Project
June 18, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
The Tivan Sumitomo joint venture has reached a crucial milestone with official FIRB approval from the Australian Government.
This approval enables the initial equity investment by Japan Fluorite Corporation into the Speewah fluorite development.
In May 2025, Tivan Limited (ASX: TVN) signed binding agreements with Sumitomo Corporation and Japan Fluorite Corporation.
Their aim is to develop, finance and operate the Speewah Fluorite Project through a newly formed incorporated joint venture.
Strategic Investment Gains Approval
The Foreign Investment Review Board (FIRB) has confirmed that there are no objections to the proposed investment.This approval is essential under the Foreign Acquisitions and Takeovers Act 1975 and clears the path for Tranche 1 funding. With FIRB approval granted, Japan Fluorite...
MinRes Powers Ahead with $300 Million Lithium Investment in Mt Marion
June 17, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Mineral Resources (MinRes) is pushing forward with a $300 million lithium investment into the Mt Marion lithium project in Western Australia, despite continued market challenges. The funding, confirmed in a filing by joint venture partner Ganfeng Lithium to the Hong Kong Stock Exchange, will see both partners contribute $150 million each.
This $300 million lithium investment underlines the long-term value both companies see in the Mt Marion lithium project. It also marks a strategic move to maintain momentum in one of Australia’s key lithium-producing regions.

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MTM and Meteoric Pioneer Rare Earths Breakthrough
June 17, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
MTM Critical Metals has teamed up with Meteoric Resources in a bold move to transform the rare earths sector. The two companies have signed a non-binding memorandum of understanding (MoU) to fast-track downstream processing of mixed rare earth carbonate (MREC) from the Caldeira rare earth project in Brazil. This partnership brings together Australian innovation and Brazilian resources, with a shared goal of unlocking cleaner, more efficient rare earths refining using flash joule heating technology to achieve an MREC processing breakthrough.
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South32 Extends Copper Hunt in the Kalahari
June 17, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
South32 has advanced its copper exploration strategy by extending its strategic alliance with Noronex to include two newly granted tenements in Botswana. The move reinforces the South32 Noronex alliance and strengthens their combined footprint across the Kalahari Copper Belt, a globally significant zone for new copper discoveries. With growing demand for copper driven by electric vehicles, renewable power and clean technology, this alliance is well-positioned for long-term growth and resource expansion.
Targeting New Ground in Botswana
The two new tenements, PL0074/2025 and PL0075/2025, are adjacent to existing Noronex assets and lie within the prolific Kalahari Copper Belt. Under the updated South32 Noronex alliance terms, South32 will have the right to earn a 60 per cent interest in these...
Hawsons Iron Secures $1 Million via Share Purchase Plan to Advance Namesake Project
June 13, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Hawsons Iron Ltd (ASX: HIO) has launched a Share Purchase Plan (SPP) to raise up to $1 million, aiming to accelerate development of its flagship Hawsons Iron Project located 70km southwest of Broken Hill, New South Wales. The capital raise is part of the company’s strategic move to update its Prefeasibility Study (PFS) and define a maiden ore reserve.

Project Location
Discounted Share Offer Opens 23 June
Under the plan, eligible shareholders will be able to acquire new shares at a price of $0.02 per share — a 17% discount to Hawsons’ last traded price of $0.024 on 5 June and an 18% discount to the five-day volume weighted average price (VWAP). The SPP is scheduled to open at 9:00am AEST on 23...
NT Government Fuels $3.9M Resource Exploration Drive with Focus on Critical Minerals
June 12, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
$3.9 Million Boost to NT Resource Exploration
The Finocchiaro CLP Government has committed $3.9 million to NT resource exploration through the Geophysics and Drilling Collaborations program.
This funding forms part of Round 18 of the program under the $9.5 million Resourcing the Territory initiative.
Thirty Companies Awarded Funding
Thirty companies received 38 grants in this round, supporting a total of 38 exploration projects across the Territory.
The NT Government awarded co-funding for greenfield and brownfield drilling, geophysical surveys and innovative mineral targeting.
Support for Exploration and Discovery
Minister for Mining and Energy Gerard Maley said the funding supports responsible resource development and Territory economic growth.
“This flagship program gives companies a clear incentive to invest in exploration here in the Territory, rather than...
Osmond Resources Ltd: Potential to Power Europe’s Critical Minerals Ambitions
June 11, 2025• Announcements, ASX, Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Osmond Resources Ltd, Sectors, Trending News, United Kingdom, USA
Osmond Resources Ltd (ASX: OSM) (‘Osmond’ or ‘the Company’) is emerging as a key player in Europe’s critical minerals supply chain, with its flagship Orion Project in Spain demonstrating exceptional potential for high-grade Rutile (Titanium), Zircon, Hafnium and Rare Earth element production. The Company is strategically positioned to benefit from the European Union’s (EU) drive for mineral independence, as outlined in the EU Critical Raw Materials Act 2024.
Osmond’s focus on developing critical mineral mines within EU borders aligns seamlessly with the bloc’s ambitious goals to reduce reliance on external suppliers, particularly China and Russia. The EU has set ambitious ...
Perseus Mining Projects Stable Gold Output and Strong Margins Through FY30
June 11, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Production Outlook Confirms Long-Term Strategy
Perseus Mining Limited (ASX/TSX: PRU) has released its five-year gold production and cost outlook. The forecast spans FY26 to FY30 and covers mines across Ghana, Côte d’Ivoire and Tanzania. The company expects annual gold production to average 515,000 to 535,000 ounces across its portfolio.
Total gold recovery during the period is projected at 2.6 to 2.7 million ounces. The portfolio will include four operating mines, including the newly committed Nyanzaga Gold Project in Tanzania.
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US-China Trade Talks Resume in London Amid Chip and Rare Earth Disputes
June 9, 2025• Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Political News, Politics, Sectors, Trending News, United Kingdom, USA
London Hosts Crucial Round of Trade Talks
US-China trade talks opened in London on Monday, aiming to address rising tensions over tariffs and new restrictions. The discussions follow a fragile truce agreed in Geneva last month to pause mutual tariffs exceeding 100 percent for 90 days.
Fresh Disputes Emerge Since Geneva Truce
New disagreements have surfaced since the 12 May Geneva announcement. These include AI chip export controls, rare earth exports, and student visa cancellations. Both governments have intensified rhetoric, threatening progress made during the recent ceasefire.
Trump and Xi Discuss Situation by Phone
US President Donald Trump and Chinese President Xi Jinping spoke last Thursday in an attempt to ease friction. Trump announced the London meeting via social media the next day. He reiterated concern about Beijing’s trade actions, saying, “The bad news is that China,...
How to use Ripple (XRP) to make $5,177 a day on Winner Mining
June 6, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
Ripple (XRP) is a popular currency in the current cryptocurrency market and can be called the “next BTC”. As of press time, its token price is $2.13. Affected by Trump’s radical tariff policy and the global political reforms it has triggered, the price of XRP has recently experienced short-term fluctuations. However, with the price of XRP stabilizing at around $2.13, will the price of XRP continue to climb in June and hit a new high of $3 per coin?
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James Hardie Industries Surges 3.3% Amid Broader Momentum, Market Cheers Financial Position
June 6, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Trending News
Shares of James Hardie Industries plc (ASX: JHX) climbed 3.30% to $40.42 today (as of 1:51 pm AEST), marking one of the strongest intraday performances on the ASX 200. With over $52.6 million in turnover and trading as high as $40.80, the company is gaining attention from investors despite no single news item directly linked to today’s surge.
While some corporate updates were released earlier this week—including a major bond offering and the termination of its American Depositary Share (ADS) program—today’s rise is more likely a result of market optimism surrounding the company’s financial flexibility and global footprint, rather than any singular development.
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South Australia Commits $650 Million to Rescue Whyalla Steelworks
June 6, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
State Budget Prioritises Steel Sector Stability
The South Australian Government has pledged $650 million in the 2025–26 State Budget to support Whyalla steelworks. The funding is part of a $2.4 billion package aimed at safeguarding local jobs and ensuring the long-term viability of the state’s steel industry.
OneSteel Manufacturing, the owner of Whyalla steelworks, went into administration in March due to operational issues. In response, the state committed significant funding to support the site during this transition phase.
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Lithium Plus Confirms High-Grade Beryllium at Spotted Wonder Project
June 5, 2025• Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Beryllium Intersections Expand Strategic Potential of Arunta Lithium Projects
Lithium Plus Minerals Limited (ASX: LPM) has announced the identification of high-grade beryllium mineralisation at its Spotted Wonder Project. The discovery enhances the company’s Arunta Lithium Projects in the Northern Territory, adding strategic depth to its polymetallic portfolio.

Rio Tinto Edges Closer to Securing Robe Mesa Iron Ore Project in $75 Million Deal
June 4, 2025• ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Western Australia’s iron ore sector is witnessing another major consolidation, as Rio Tinto-led Robe River Iron Associates (RRJV) moves closer to finalising its $75 million acquisition of CZR Resources’ Robe Mesa project. With the recent approval from the Foreign Investment Review Board (FIRB), the transaction is now one step closer to completion.
The FIRB’s green light confirms that the Australian Treasurer has no objections under the Foreign Acquisitions and Takeovers Act 1975, satisfying a key condition of the sale agreement. This follows strong support from CZR shareholders, who voted in favour of the transaction on May 29.

Robe Mesa’s Strategic Location and Deal Terms
CZR’s Robe Mesa...
EARN $1864 A DAY WITH SIX MINING – NO HARDWARE, NO WORRY!
June 2, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
In the dynamic world of cryptocurrency, platforms like SIX MINING are emerging as accessible avenues for passive income through cloud mining. As Ethereum and Solana investors continue to stake their assets despite regulatory uncertainties, SIX MINING offers an alternative by providing stable returns without the complexities of traditional staking.
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Lynas Signs Malaysian Rare Earth Supply Deal with Kelantan’s MB Inc.
June 2, 2025• Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Strategic Agreement Advances Rare Earth Sector
Lynas Rare Earths has signed a memorandum of understanding with Malaysia’s Menteri Besar Inc. The non-binding agreement sets the stage for the future supply of mixed rare earth carbonate from Kelantan. MB Inc. is the investment arm of the Kelantan State Government and leads rare earth development in the region.
The MoU outlines plans to negotiate a formal supply deal once production commences. This agreement would see Malaysian clay feedstock delivered to Malaysia’s advanced materials plant in Kuantan.
Lynas CEO Confirms Industry Milestone
CEO and Managing Director Amanda Lacaze welcomed the agreement. “Lynas is delighted to sign this MoU with the Kelantan State Government’s MB Inc.,” she said.
She added, “This is a significant step and the Malaysian rare earths industry, bringing together Lynas Malaysia’s over a decade of rare earths industry...
BCC Mining: XRP holders earn $18,600 a day using their mobile phones
May 30, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Cryptocurrency mining is undergoing a passive income revolution
Cryptocurrency provides investors with a shortcut to create wealth beyond the traditional financial market, and it has completely changed the financial system. Cloud mining is a low-threshold profit-making method that does not require high capital to purchase and maintain mining machines, and does not require professional technology, but can still get ideal returns. The Mining platform approved by the UK FCA uses a fully automated system to magnify small investments (such as $100) to considerable returns (such as $8,700), providing investors with unprecedented opportunities.
UK FCA officially certified platform: https://bccmining.com
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TOMRA LASER Technology Transforms Gold Processing at Vertex’s Hill End Project
May 29, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Historic Site Meets Modern Technology
Vertex Minerals is introducing TOMRA Mining’s advanced LASER ore sorting technology at its Hill End gold project in New South Wales. The site lies 200 kilometres northwest of Sydney, between Bathurst and Mudgee, within the Eastern Lachlan Fold Belt. The region has yielded more than 1.6 million ounces of gold, including the Holtermann Nugget discovered in 1872. That specimen weighed around 285 kilograms and held about 93 kilograms of gold. The site remains significant for its historical importance in Australia’s early gold rush.
MAC Copper Limited Soars Nearly 20% After Acquisition Deal with Harmony Gold
May 28, 2025• Announcements, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Trending News
Strategic Buyout Sparks Investor Frenzy
MAC Copper Limited (ASX: MAC) experienced a stunning rally today, with its share price jumping 19.96% to $18.605 by 1:48 PM AEST. The surge follows the company’s announcement late yesterday that it has entered into a binding Scheme Implementation Deed with Harmony Gold Mining Company, setting the stage for a full acquisition by Harmony’s Australian subsidiary.
Trading resumed today after MAC had been placed in a trading halt at 9:15 AM on 27 May, pending the announcement, which was released at 4:37 PM AEST. The news has electrified the...
Harmony’s $1.6 Billion MAC Acquisition Signals Bold Shift in Australian Copper Landscape
May 28, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Sectors, Top Stories, Top Story
Major Acquisition Announced
Harmony Gold has announced a $US1.03 billion ($1.6 billion) deal to acquire MAC Copper. The acquisition has stirred significant interest in the Australian mining industry. Harmony will take over MAC’s key asset, the CSA copper mine near Cobar, New South Wales. CSA is among Australia’s highest-grade copper mines.

Harmony Gold acquires MAC Copper for a staggering $1.6 billion
CSA’s...
Copper Miners Rally After Congo Disruption Shakes Global Supply
May 27, 2025• ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
In the early hours of trading, a jolt from central Africa echoed across the global commodities market — and copper miners Capstone Copper and Sandfire Resources were among the first to capitalise.
On Tuesday, shares of Capstone Copper (ASX: CSC) rose 5.89% to $8.355, while Sandfire Resources (ASX: SFR) climbed 3.27% to $11.38, making them standout performers on the ASX. The surge came in response to news that Canadian mining giant Ivanhoe Mines had withdrawn its 2025 production guidance for the Kamoa-Kakula Copper Complex, Africa’s largest copper mine.
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MAC Copper in Trading Halt Amid Control Deal Talks; Copper Rivals Surge
May 27, 2025• Announcements, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Shares in MAC Copper Ltd (ASX: MAC) have been placed in a trading halt pending an announcement regarding a potential control transaction, according to a statement released by the company and the ASX.
The trading halt will remain in effect until either the company’s announcement is made or normal trading resumes on Thursday, 29 May 2025, whichever occurs first.
The halt comes at a volatile time for the global copper sector, following Canadian mining giant Ivanhoe Mines’ decision to withdraw guidance for its Kamoa-Kakula Copper Complex in the Democratic Republic of Congo—Africa’s largest copper mine. The move has...
Gold Stocks Slip as Bullion Prices Retreat Overnight
May 27, 2025• ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, Sectors
ASX Gold Miners Dip Following Global Price Movement
Gold stocks on the ASX are under pressure today as the price of gold retreated overnight, dragging some of the top-performing miners into the red. As of midday (27 May), the spot price of gold is down 0.34% to USD 3,335.26 per ounce, a drop of USD 11.29. This dip follows weaker overnight demand in global bullion markets, a stronger US dollar, and reduced investor appetite for safe-haven assets.
The price movement has impacted sentiment across the local gold mining sector, with several major players seeing their share prices fall despite recent strong rallies.
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Flooded Coal Mine Powers Wales’ First Renewable Heat Project
May 26, 2025• Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News, United Kingdom
Mine Water Heats Carmarthenshire Business Premises
A business near Ammanford, Carmarthenshire, has started using flood water from a disused coal mine for renewable heating. The scheme marks the first time mine water heating has been implemented in Wales.
Water from a nearby mine water treatment plant is pumped to the premises daily to heat a warehouse facility. About 25 litres per second is pumped from the former Lindsay pit before being treated and released into nearby waterways.
The water maintains a consistent temperature between 14C and 15C due to the mine’s depth, offering year-round heating potential. Business owner Nick Salini, who manufactures heat pumps, developed the system for his building.
“We’ve installed a ground source heat pump that takes the water from the surface mine water treatment plant,” he said. “We take that warm water to a heat pump, compress it to a useable temperature for heating the building and...
Ulan Coal Mine Expansion Approved Amid Environmental Concerns
May 26, 2025• ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
A Controversial Green Light
The Ulan Coal Mine, one of Australia’s largest coal operations, has received state government approval to expand its underground activities, despite widespread environmental concerns. The NSW Department of Planning has granted permission to extract an additional 18.8 million tonnes of coal, extending the mine’s lifespan by two years to 2035.
Located near Mudgee in central-west New South Wales, the mine is operated by Glencore Australia and has been a significant contributor to the regional and national economy. However, this approval comes with a suite of conditions and a storm of criticism from environmental groups and local communities.
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Tasmania Accelerates Critical Minerals Exploration with EDGI Boost
May 26, 2025• ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining Information, News, Trending News
The Tasmanian Government’s Exploration Drilling Grant Initiative (EDGI) continues to drive mineral discovery in the state, reaching a significant investment milestone with a cumulative spend of $8.2 million since its inception in 2018. The initiative, which supports drilling for critical, strategic, and precious metals, has proven instrumental in uncovering valuable resources across Tasmania’s diverse geological landscape.
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Genesis Secures $250 Million Deal for Laverton Gold Project
May 26, 2025• Announcements, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Genesis Minerals has agreed to acquire the Laverton Gold Project in Western Australia from Focus Minerals for $250 million. The company announced the transaction through a binding Share Purchase Agreement, expected to close in early June 2025. Genesis will fund the deal using its cash reserves and an expanded corporate revolver facility. The company will retain approximately $350 million in available liquidity after completion.
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Australian Miners Urge Government to Lift Productivity and Accelerate Green Transition
May 24, 2025• ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Trending News
Australia’s mining industry has issued an urgent call to the newly re-elected Albanese government to overhaul national policies, enhance workforce productivity, and ramp up efforts to transition to green energy, warning that the country risks losing its global mining leadership if decisive action is not taken.

Abandoned Coal Mines Become Future Energy Storage Hubs
May 24, 2025• Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Energy Shift Breathes Life Into Old Mines
From Europe to North America, former coal mines are transforming into renewable energy storage sites. These abandoned shafts now serve as gravity batteries, storing excess energy by lifting and lowering heavy weights. When solar and wind generate more power than needed, this energy lifts containers filled with sand or rock. Releasing them later produces electricity by converting gravitational force into power.
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Fosterville Gold Mine Expansion: Victoria’s Golden Future
May 24, 2025• ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
A Golden Era for Victoria’s Mining Industry
In a major boost to Australia’s gold mine industry, the Victorian Government has approved the expansion of Fosterville Gold Mine, the state’s largest and highest-grade gold operation. This milestone marks a new chapter for the renowned gold mine, with expectations of economic revitalisation, job creation, and continued international interest in Australian gold news.
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Rio Tinto Board Seeks New CEO with Strong Mining Background
May 24, 2025• Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Leadership Shift Signals Strategic Change
Rio Tinto has started searching for a new chief executive as Jakob Stausholm prepares to step down later this year. The board made the decision following internal discussions about the company’s future direction.
Stausholm joined Rio Tinto as chief financial officer and became CEO after the 2020 Juukan Gorge destruction. The company destroyed a 46,000-year-old Aboriginal site and faced global criticism.
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New World Resources Rockets 68% on Takeover Bid by Central Asia Metals
May 22, 2025• Announcements, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, Sectors
New World Resources Limited (ASX: NWC) exploded on the ASX today, with its shares soaring 67.86% to $0.047, after announcing a proposed takeover by UK-based Central Asia Metals Plc (LON: CAML). The stock’s dramatic surge made it the top mover in the Materials sector and one of the best-performing stocks across the entire market.
The announcement, released after market close yesterday, detailed a binding Scheme Implementation Deed under which CAML would acquire all shares in New World for $0.05 per share in cash, valuing the deal at approximately A$185 million.
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Adriatic Metals Skyrockets Over 25% Amid Takeover Talks with Dundee Precious Metals
May 21, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors, Top Stories, Top Story
Adriatic Metals Plc (ASX: ADT) witnessed a dramatic 25.53% surge in its share price today, reaching $4.72 by 2:25 pm AEST, following the confirmation of takeover discussions with Canada’s Dundee Precious Metals Inc. The significant rally in Adriatic’s stock represents one of the ASX’s most noteworthy performances for the day and comes amid heightened investor speculation about the future of the company’s prized Balkan mineral assets.
The $0.96 gain pushed Adriatic’s market capitalisation to approximately $1.43 billion, marking a renewed wave of confidence in the developer of the Vares Silver Project in Bosnia & Herzegovina and the Raska Zinc-Silver Project in Serbia.
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Emerald Resources Shines on ASX with Outstanding 8% Surge
May 21, 2025• ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Emerald Resources NL (ASX: EMR) delivered a stellar performance on the ASX today, with its share price climbing by a strong 8.10% to reach $4.54, up $0.34 on the day. This puts the company near the top of the day’s gainers, reflecting investor confidence in both its operational progress and future growth potential.
The company, which boasts a market capitalisation of $2.99 billion, is becoming an increasingly prominent name in the gold mining sector, thanks to strong production figures from Cambodia and promising developments in Australia.
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Mineral Resources Ltd Shares Tumble 8.6% Despite Leadership Announcement
May 19, 2025• Announcements, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Mineral Resources Ltd (ASX: MIN) experienced a sharp decline today, with shares falling 8.56% to reach AUD 24.14, even as the company announced a major leadership change. The drop follows a strong recent rally but reinforces the broader downtrend the company has faced over the past year, with its stock now down nearly 70% year-on-year.
The plunge comes on the same day that MinRes confirmed the appointment of Malcolm Bundey as Non-Executive Director and Chair-elect, a move aimed at strengthening governance and refocusing the company’s long-term growth strategy.
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Zimplats Shares Climb 4.7% After Prolonged Downtrend
May 19, 2025• ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Zimplats Holdings Ltd (ASX: ZIM) saw its share price bounce today, rising 4.71% to reach AUD 10.89. This marks a welcome change in direction for the platinum group metals (PGM) miner, which has faced a challenging year on the ASX. While no new announcements were released today, the move suggests a potential technical rebound following extended weakness in the stock.
With its market capitalisation now at approximately AUD 1.17 billion, Zimplats remains a significant presence in the Australian-listed resources space despite recent underperformance.
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Liontown’s Rollercoaster Ride: Stock Plunges After Post-Announcement Surge
May 19, 2025• ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Liontown Resources (ASX: LTR) is experiencing a sharp reversal after a dramatic stock surge earlier this month, with its share price falling 13.50% today to $0.705. This drop comes just days after the stock reached a high of $0.815 on 16 May, fueled by investor enthusiasm following the company’s 6 May announcement outlining the successful commencement of underground mining at its flagship Kathleen Valley Lithium Operation.
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MinRex Resources Begins RC Drilling at Fraser Range Copper-Gold Project
May 19, 2025• ASX, Australia, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, MinRex Resources Limited, Sectors, Top Stories, Top Story
MinRex Resources Limited (ASX: MRR) has kicked off an exciting new phase of exploration with the launch of its latest reverse circulation (RC) drilling program at the Fraser Range Project in Western Australia. The company has partnered with West Cobar Metals Limited (ASX: WC1) to conduct the drilling operations, which are specifically targeting promising copper-gold prospects across the project area. Located approximately 120km northeast of Esperance, the Fraser Range Project sits in a region renowned for its mineral potential and geological significance.
This strategic drilling initiative marks a significant milestone in MinRex’s ongoing efforts to unlock the mineral wealth believed to lie...
Newmont’s 2024 Taxes and Royalties Report Highlights $1.9 Billion in Global Contributions
May 16, 2025• Announcements, Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Trending News
In a defining year for sustainable and responsible mining, Newmont Corporation has released its 2024 Taxes and Royalties Contribution Report, revealing a robust global economic impact totalling $16.0 billion. This includes $1.9 billion paid in taxes and royalties to governments in countries where Newmont operates. The report underscores the company’s commitment to fiscal transparency, sustainability, and long-term stakeholder value creation, especially following its landmark acquisition of Newcrest Mining.
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Harvard’s $27 Find Revealed as 1300 Magna Carta Original
May 16, 2025• Announcements, Australia, Daily News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Sectors, Top Stories, Top Story, USA
Academic Finds Rare Document in Digital Archive
A British historian has identified a rare original Magna Carta from 1300 in Harvard Law School’s archives. Professor David Carpenter of King’s College London made the discovery while researching unofficial copies.
Carpenter was examining digital manuscripts from Harvard Law School Library when he found something unexpected. He accessed manuscript number 172 expecting a statute book but found otherwise.
“I was just working at home… looking for unofficial copies of Magna Carta,” he told CNN. “And what I saw… was an original of the 1300 Magna Carta.”
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ASX 200 Afternoon Update: Liontown Extends Rally, Leads Market Gains
May 16, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, Sectors, Top Stories, Top Story
The S&P/ASX 200 is holding firm this afternoon, trading 46.70 points higher or +0.56% at 8,344.20 as of 1:58 pm AEST. A broad rally across gold and lithium stocks is driving today’s gains, with Liontown Resources (ASX: LTR) leading the charge on the back of recent government support and strong momentum in battery metal demand.
Also Read: ASX 200 Miners Report: How the 5 Largest Mining Stocks Are Performing Today
Liontown’s Powerful Run Continues
Liontown Resources is once again the top performer on the ASX 200, with shares rising 6.96% to $0.845. The rally builds on a staggering 56.48% gain over the past week, pushing Liontown’s year-to-date performance to +60.95%.
But the real catalyst came on 7 May, when the company announced it had secured a $...
Kaiser Reef Limited Completes Transformational Acquisition of Henty Gold Mine
May 16, 2025• Announcements, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Kaiser Reef Limited (ASX: KAU) has officially completed its acquisition of the Henty Gold Mine in Tasmania, marking a pivotal milestone in its evolution from a single-asset operator to a multi-asset gold producer in Australia. The deal significantly enhances the company’s production base, infrastructure, and exploration footprint while providing a platform for further growth and potential shareholder value creation.

MinRex Resources Prepares to Drill High-Priority Copper-Gold Targets at Fraser Range Amid Strong Quarterly update
May 16, 2025• ASX, Australia, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, MinRex Resources Limited, Sectors, Top Stories, Top Story
MinRex Resources Limited (ASX: MRR) (“MinRex” or “the Company”) is gaining momentum in 2025 as it prepares to commence a high-impact drilling program at the Fraser Range Copper-Gold Project in Western Australia (WA). In partnership with West Cobar Metals Limited (ASX: WC1), MinRex is targeting five priority IOCG (Iron Oxide Copper-Gold) and BHT (Broken Hill Type) targets in one of the most underexplored but highly prospective geological belts in Australia.
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ASX 200 Miners Report: How the 5 Largest Mining Stocks Are Performing Today
May 16, 2025• ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
The S&P/ASX 200 has lifted strongly today, with the Materials sector spearheading the gains. Five of the largest mining companies listed on the ASX—Newmont Corporation (NEM), Gold Corporation (PMGOLD), Alcoa Corporation (AAI), BHP Group Ltd (BHP) and Rio Tinto Ltd (RIO)—are in the spotlight as investors react to positive sentiment across the commodities space. Here’s how each of these heavyweights is performing today and what their recent trends reveal.
1. Newmont Corporation (ASX: NEM) — Leading the Charge with Strong Gains
- Current Price: $77.94
- Day Change: +$3.21 (+4.30%)
- Market Cap: $8.64 billion
- 2025 YTD Performance: +30.90%
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ASX 200 Midday Report – 16 May 2025
May 16, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
The S&P/ASX 200 is trading higher at midday, buoyed by strong gains in the Materials sector. As of 12:01 pm AEST, the benchmark index is up 60.30 points or 0.73%, sitting at 8,357.80. This marks a continued recovery for the local bourse, which has climbed 1.54% over the past five trading days. The index remains just 2.99% below its 52-week high, signalling renewed investor confidence amid favourable commodity prices and stabilising macroeconomic indicators.
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ASX 200 Edges Higher as Miners and Healthcare Stocks Lead Gains — Market Wrap Friday, 16 May
May 16, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, Sectors, Top Stories, Top Story
The Australian share market rallied again on Friday, continuing a remarkable winning streak and edging closer to its all-time high set earlier this year. As of 11:05 am AEST, the benchmark S&P/ASX 200 rose by 0.87%, slightly retreating from its early-session peak of 1.15%. The index is on track to post its eighth straight daily gain, buoyed by strength in defensive and materials sectors.
Broad-Based Gains with Materials, Healthcare in Focus
The rally was largely driven by positive sentiment across key sectors. Materials led the charge with a 1.8% increase, followed closely by Healthcare, Real Estate, and Industrials—all up by around 1.2%. The momentum reflects similar patterns seen overnight on Wall Street, where investors rotated into safer sectors amid lingering global uncertainties.
Gold miners were particularly prominent among early gainers, benefiting from a steady rise in bullion prices. Among the top performers on the...
Relaxing with Returns: How Some ASX Stocks Help Investors Stay Calm Amid Market Chaos
May 16, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story
In a world where financial screens glow red and headlines scream panic, it’s comforting to imagine a different picture—one where a woman relaxes in a hammock, sipping a smoothie, and working calmly on her laptop. This scene captures a growing sentiment among modern investors: the pursuit of passive income and portfolio stability, even while the world spins unpredictably.
The Australian Securities Exchange (ASX) has had its fair share of ups and downs in 2025. From geopolitical uncertainty to rising interest rates and inflation pressures, the mood across the investment landscape is anything but tranquil. But not all shares are created equal. Some businesses have shown resilience through economic cycles and continue to offer dependable earnings and dividend payouts.
For those who seek to emulate the hammock-smoothie lifestyle—both literally and financially—there are a few ASX-listed companies worth noting. These stocks may not deliver overnight riches, but they...
Top 10 Best Mining Stocks Today: Price Surge, Market Cap & 1-Year Performance
May 14, 2025• Australia, Daily News, Homepage, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Australia’s mining stocks are back in focus as investors hunt for momentum plays and undervalued assets. Today, several ASX-listed mining companies recorded impressive gains—some even doubling in value in just one session. With growing global demand for critical minerals, battery metals, and gold, traders are watching these stocks closely for signs of breakout potential.
We’ve analysed the top 10 mining stocks on the ASX that delivered the strongest percentage gains today, while also considering market capitalisation and 1-year performance—three key metrics investors use to assess value and risk.
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Mineral Resources (ASX: MIN) Shares Surge Over 11% Amid Strong Momentum and Sector Tailwinds
May 13, 2025• ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, Sectors, Top Stories, Top Story
Mineral Resources Limited (ASX: MIN) saw its share price soar by 11.22% today to close at $25.37, up from the previous session’s close of $22.81. The rally has pushed the company’s weekly gain to 22.33% and monthly gain to an impressive 52.13%, making it one of the standout performers on the ASX over the past few weeks. Despite this recent surge, MIN’s year-to-date performance remains down by 25.96%, and the stock is still 66.81% below its one-year high, reflecting a year of turbulence amid broader challenges in the mining and battery commodities sectors.
However, today’s sharp move suggests a renewed wave of investor confidence in the stock, likely fuelled by a combination of sector recovery, lithium sentiment shifts, and positive developments within the company’s operations.
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South32 Announces CEO Transition as Company Positions for Future Growth
May 12, 2025• Announcements, ASX, Australia, Daily News, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
South32 Limited (ASX / LSE / JSE: S32), a globally diversified mining and metals company, announced on 12 May 2025 that Matthew Daley will join as Deputy Chief Executive Officer in February 2026. He is set to succeed current CEO Graham Kerr later in the year, marking the company’s first major leadership transition since its establishment in 2015.
The announcement follows a comprehensive global executive search led by the South32 Board and signals a new era of leadership for the company, which is focused on metals and minerals critical to the global energy transition.
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Core Lithium Ends Yahua Offtake Deal, Shares Edge Up Amid Strategic Reset
May 12, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Core Lithium Ltd (ASX: CXO) has taken a significant step forward in redefining its strategic direction by settling a long-standing offtake agreement with Yahua International Investment and Development Co., a Chinese lithium converter. The announcement, made on 12 May 2025, has triggered a mild boost in investor sentiment, with shares rising by 2.86% to A$0.072 by 12:16 pm AEST on the same day.
This development is seen as a pivotal move that may pave the way for greater operational flexibility and potential new funding sources for the company’s Finniss Lithium Operation, located 88km southwest of Darwin Port in the Northern Territory.
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Challenger Gold Surges as Ecuador Investment Agreement and Resource Upgrade Spark Investor Optimism
May 8, 2025• Announcements, ASX, Australia, Canada, Challenger Gold Limited, Company, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Top Stories, Top Story, Trending News, United Kingdom, USA
Challenger Gold Limited (ASX: CEL) is making headlines after announcing a landmark Investment Protection Agreement (IPA) with the Ecuadorian Government and reporting a substantial surge in its gold resource estimate. This dual announcement has propelled CEL into the spotlight, with the Company’s share price and investor confidence climbing sharply in recent weeks.

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Rio Tinto and Indium Corporation Extract First Gallium with Backing from Quebec Government
May 8, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest Daily News, Latest News, Mining, Mining Information, News, Trending News, USA
In a landmark step towards strengthening North America’s critical minerals supply chain, Rio Tinto (ASX: RIO) and Indium Corporation have successfully extracted primary gallium from Rio Tinto’s alumina refining process.
The gallium was recovered from bauxite processed at Rio Tinto’s Vaudreuil alumina refinery in Québec — the only alumina refinery in Canada — and refined further at Indium Corporation’s R&D facility in Rome, New York. This marks the first time gallium has been extracted from this process in North America.
Also Read: ANZ Delivers $3.41 Billion Half-Year Profit Amid Market Pressures
Government-Backed Project Aims for Commercial-Scale Production
The project is being supported financially by the Government of Quebec, underscoring the strategic importance of establishing a domestic gallium supply. With pilot-scale extraction...
Terra Metals Exercises Option to Expand Dante Project with Acquisition of HRM Exploration
May 7, 2025• Announcements, ASX, Australia, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Sectors, Terra Metals, Top Stories, Top Story, Trending News
Terra Metals Limited (ASX: TM1) (“Terra” or the “Company”) has officially exercised its option to acquire 100% of HRM Exploration Pty Ltd (“HRM”), marking a pivotal step in its growth strategy in the West Musgrave region of Western Australia. The acquisition will almost double Terra’s tenement footprint, strengthening its dominant position in one of Australia’s most promising polymetallic mineral provinces.
The newly acquired HRM tenements cover 618 square kilometres. They are directly contiguous with Terra’s flagship Dante Project, which has delivered significant discoveries of copper, titanium, gold, platinum, and vanadium in recent years. The all-scrip acquisition consolidates Terra’s presence in the Jameson Layered...
ASX Midday Market Wrap: 07 May 2025
May 7, 2025• ASX, Australia, Daily News, Energy, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Sectors, Trending News
At midday on Tuesday, 7 May, the Australian share market edged higher, with the S&P/ASX 200 rising by 12.80 points or 0.16% to 8,164.20. This modest gain comes as investors respond to mixed sectoral performances and corporate movements across the board. Over the last five days, the benchmark index has gained 0.47%, although it remains largely unchanged year-to-date, reflecting cautious sentiment amid global and domestic macroeconomic concerns.
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Northern Star Completes $5 Billion Acquisition of De Grey Mining
May 5, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, LSE, Mining, Mining Information, NYSE, TSX
Northern Star Resources has officially completed its $5 billion acquisition of De Grey Mining. The deal was finalised through a Court-approved Scheme of Arrangement under the Corporations Act 2001. The move marks a major milestone in the ongoing consolidation of gold assets across Western Australia.
De Grey has submitted its request for delisting from the Australian Securities Exchange. The removal from the official ASX list will take effect after the close of trading on 6 May 2025. De Grey shares had already been suspended following the effectiveness of the Scheme.
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Cat® D6 Dozer Raises the Bar with Power, Comfort and Next-Gen Technology
May 3, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Sectors, Trending News
A New Standard in Performance and Versatility
Weight, Power and Design Improvements
The Cat® D6 dozer, a first-of-its-kind next-generation model, redefines expectations in its class with a 14% weight and 13% horsepower increase compared to the Cat D6T. Designed to deliver superior performance across a wide range of applications—from initial earthmoving to final grading—this machine eliminates the need for additional counterweights thanks to an improved frame design that ensures a balanced ride.
At its core is a fully automatic 4-speed powershift transmission with lock-up clutch (LUC) that continuously adjusts for optimal power and fuel efficiency. This allows operators to focus on the job while the D6 handles seamless transitions and gear selection without manual input.
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Fortescue Overcomes Cyclone Disruptions to Boost Iron Ore Shipments in Q3
May 2, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, LSE, Mining, Mining Information, NYSE, TSX
Quarterly shipments rise despite weather setbacks
Australian mining giant Fortescue has reported a rise in iron ore shipments for the third quarter of FY25, shrugging off the impact of severe weather events and logistical challenges. The Perth-based company shipped 46.1 million wet metric tonnes (wmt) of iron ore between January and March, up 6.5% year-on-year from 43.3 million wmt in the same period last year.
This increase puts Fortescue broadly in line with analyst forecasts, including a Visible Alpha consensus of 46.8 million wmt, and signals strong operational resilience in the face of natural disruptions.
Port closures and cyclone disruptions
The improvement comes despite significant weather-related interruptions, including the five-day closure of Port Hedland—Australia’s largest iron ore export hub—and the operational impact of Tropical Cyclone Zelia. These events contributed to a 7% decline in quarter-on-quarter output, yet Fortescue...
Australia Records Rare Trade Surplus with US Amid Gold Rush
May 2, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, LSE, Mining, Mining Information, NYSE, TSX, USA
Export boom turns trade tide in Australia’s favour
Australia has posted a rare goods trade surplus with the United States, fuelled by a dramatic surge in gold exports prompted by market uncertainty and tariff policies under U.S. President Donald Trump.
Data released by the Australian Bureau of Statistics on Thursday revealed that exports to the U.S. soared to A$16.7 billion in the March quarter, more than triple the A$5.2 billion exported during the same period last year. As a result, Australia swung from a A$6.2 billion trade deficit to a A$4.1 billion surplus in just 12 months.
Tariff fears ignite demand for physical gold
Analysts attribute much of the turnaround to a jump in non-monetary gold exports. Buyers in the U.S. rushed to secure physical gold bars, fearing they could become...
All About Lithium: The Power Metal Driving the Future
May 2, 2025• Announcements, ASX, Australia, Crypto, Daily News, Energy, Home Top Stories, Homepage, Latest News, Mining Information, Sectors, USA
Lithium, often dubbed “white gold”, has emerged as one of the most important minerals of the 21st century. With applications ranging from electric vehicles to renewable energy storage, lithium has become essential in the transition toward a low-carbon, technologically advanced global economy.
What is Lithium?
Lithium (chemical symbol Li) is a soft, silvery-white alkali metal. It is the lightest metal and one of the least dense solid elements. Due to its high electrochemical potential, lithium is especially valuable in rechargeable batteries—particularly lithium-ion batteries that power smartphones, laptops, electric vehicles (EVs), and energy grids.
Discovered in 1817, lithium remained a relatively niche material until the digital revolution and the rise of renewable technologies propelled it to global prominence.
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Australia Aims Global Leadership in Critical Minerals
May 2, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, Mining Information, News, Top Stories, Top Story, Trending News
$1.2 Billion Strategic Reserve Unveiled to Strengthen Supply Chain Control
The Federal Government has announced plans to establish a Critical Minerals Strategic Reserve. The initiative includes a $1.2 billion investment aimed at strengthening national resilience and securing long-term economic growth.
Prime Minister Anthony Albanese detailed the initiative during a national announcement. He said the policy responds to global uncertainties and increasing demand for rare earths and other essential resources.
“In a time of global uncertainty, Australia will be stronger and safer by developing our critical national assets to create economic opportunity and resilience,” Albanese said. “To leverage our natural resources is in our national interest.”
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Top 5 ASX Copper Stocks of 2025 Record Strong Gains Amid Positive Market Outlook
May 2, 2025• ASX, Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Top Stories, Top Story, Trending News, United Kingdom, USA
Copper prices reached all-time highs in March 2025. Analysts expect robust demand to continue in the short and long term. Sectors such as renewable energy and electric vehicles drive copper consumption significantly. Fastmarkets projects copper demand from energy transition sectors will grow at a CAGR of 10.7 percent to 2034. ASX-listed copper companies are responding strongly, with five stocks posting notable year-to-date gains.
Ausquest (ASX:AQD)
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Copper in Focus – How Australian Investors Can Tap into the Green Metal Boom Through ASX Shares
May 2, 2025• ASX, Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest News, Mining, Mining Information, News, Top Stories, Top Story, Trending News, United Kingdom, USA
Copper Emerges as a Strategic Asset in the Green Economy
Copper demand continues to grow as countries worldwide shift to renewable energy. It remains vital in solar PVs, wind turbines, electric vehicles, and grid infrastructure. The global electrification drive reinforces copper’s role as a key industrial metal. In Australia, the green transition has created growing interest in copper investments. Investors now look to various ways to access this booming sector.
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Carbonxt Quarterly Report Signals Strong Growth Trajectory as U.S. Facility Nears Completion
April 30, 2025• ASX, Australia, Carbonxt, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Top Stories, Top Story, Trending News
Carbonxt Group Limited (ASX:CG1) has released its March 2025 Quarterly Activities Report, outlining its strengthened position in the U.S. cleantech market. The Company continues commissioning its Kentucky facility, reporting improved product sales, a restructured cost base, and fresh capital to fund growth.
Carbonxt Managing Director Mr. Warren Murphy said, “This quarter reflects a period of disciplined execution as we position the Company for stronger growth in FY26.”
Mr. Murphy highlighted shareholder support and robust market demand as key contributors to recent progress.
Kentucky Facility Nears Completion
Carbonxt reported that the Kentucky activated...
Terra Metals Delivers Outstanding March Quarter Results, Accelerates Development of Dante Project
April 30, 2025• ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Terra Metals, Top Stories, Top Story, Trending News, United Kingdom, USA
Terra Metals Limited (ASX: TM1) (“Terra” or “the Company”) has reported a highly successful March 2025 quarter, driven by outstanding advancements at its flagship Dante Project in Western Australia. The Company achieved significant milestones across exploration, metallurgy, and tenement expansion, positioning itself as a serious emerging player in the global polymetallic resource space.
Located in the richly endowed Jameson Layered Intrusion, the Dante Project continues to reveal strong mineralisation over wide zones and across multiple commodities, including copper, gold, platinum group metals (PGMs),...
VHM and Currumbin Minerals Sign MOU for Goschen HMC Supply
April 30, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, Mining Information, News, Top Stories, Top Story, Trending News
Domestic Collaboration Framework Established
VHM Limited has entered into a Memorandum of Understanding with Currumbin Minerals Pty Ltd, forming a framework for the supply and delivery of high-grade zircon-titania heavy mineral concentrate from VHM’s wholly-owned Goschen Project located in northwest Victoria, and the agreement outlines a joint intention to develop a long-term collaboration for domestic processing.
Currumbin Minerals, which operates a licensed treatment facility in southeast Queensland, will receive HMC from VHM for further processing, and both companies have commenced planning for a proposed collaboration agreement based on this memorandum.
Strategic Supply Chain Development
VHM’s MOU supports its broader strategy to establish a domestic supply chain for rare earths and mineral sands products, and this approach aligns with the Victorian Government’s Critical Minerals Roadmap, while enabling...
Platina Resources Quarterly Update: Drilling Success at Xanadu and Challa, Assays Pending
April 29, 2025• Announcements, ASX, Australia, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, Platina Resources, Sectors, Top Stories, Top Story, Uncategorized
Platina Resources Limited (ASX: PGM) (“Platina” or “the Company”) surged forward during the March 2025 quarter, achieving significant milestones across its Australian gold exploration projects. With a sharp focus on unlocking value, Platina completed critical drilling programs, advanced project evaluations, and maintained a strong financial position to support its aggressive growth strategy.
Xanadu Gold Project: Deeper Drilling Unlocks New Potential
At the flagship Xanadu Gold Project in Western Australia’s Ashburton Basin, Platina completed its diamond drilling program at the Cleopatra South Prospect. Drilling reached 380 metres, targeting a promising...
ASX Update Mid-day: S&P/ASX200 Hits 20-Day High as Energy and Materials Lead Gains
April 29, 2025• ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Latest, Latest News, Mining, Mining Information, News, Top Stories, Top Story, Trending News
The Australian share market is trading higher today, with the S&P/ASX200 index gaining 62.40 points or 0.78% by 12:55 pm AEST, reaching 8,059.50 — its highest level in the past 20 days. Today’s rally extends the ASX 200’s strong recent performance, with the index rising 3.11% over the last five days. However, the benchmark remains down 1.22% year-to-date.

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Critica Secures $1 Million R&D Boost to Advance Rare Earths Project
April 28, 2025• ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Sectors, Technology, Top Stories, Top Story, Trending News
ASX-listed explorer Critica Limited has landed a major financial win, securing a $1.05 million refund from the Australian Tax Office under the Research and Development (R&D) Tax Incentive Program. The company says the boost will be instrumental in fast-tracking metallurgical test work and drilling activities at its promising Brothers rare earths project in Western Australia’s Mid West region.
The refund strengthens Critica’s financial position, which already boasted a healthy $6 million in cash reserves at the end of December. With these additional funds, the company is pushing ahead with confidence as it progresses studies that could reshape Australia’s critical minerals landscape.
Game-Changing Test Results from Jupiter Prospect
Critica’s flagship Jupiter prospect, part of the broader Brothers project, has already returned spectacular metallurgical test results....
ASX Update: S&P/ASX 200 Gains as Tech and Health Care Lead the Charge
April 28, 2025• ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Sectors, Technology, Top Stories, Top Story, Trending News
As of 1:10 pm AEST [28 April]
The Australian share market remains firmly in positive territory this afternoon, with the S&P/ASX 200 gaining 64.80 points or 0.81%, now trading at 8,033.00. The market has extended earlier gains, supported by strength in Information Technology, Health Care, and Energy stocks.

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Apple Says “Flock Off” to Chrome in Bold Privacy Battle
April 26, 2025• Announcements, Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, News, Technology, Trending News
Apple Takes Aim at Chrome with Hitchcock-Inspired Warning
In a move that’s stirred the tech world, Apple has launched a bold privacy campaign urging iPhone users to rethink their browser choices—without ever saying “Google Chrome” out loud.
The campaign hinges on a dramatic short video titled Privacy on iPhone: Flock, which borrows imagery from Alfred Hitchcock’s The Birds to depict internet users swarmed by spying cameras. Only when they switch to Apple’s Safari browser do the invasive watchers explode into harmless metal bits, leaving users in peace. The message? Your browser is watching you—unless it’s Safari.
What’s “Flock” Really About?
The term “...
Gold in the Ground, Trouble in the Ranks: Capricorn Metals Bets on Ninghan Amid CEO Turmoil
April 24, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, Mining Information, Top Stories, Top Story, Trending News
Capricorn Secures $1.6 Million Deal for Ninghan Gold Project
Capricorn Metals Ltd has signed a binding agreement to acquire the highly prospective Ninghan Gold Project from Sabre Resources Ltd for $1.6 million. The acquisition marks a strategic move to expand exploration footprint north of its Mt Gibson Gold Project in the Murchison region of Western Australia.
The company has already paid an initial $100,000 cash deposit, with the remainder of the consideration to be settled in company shares, valued at the 20-day VWAP prior to completion. Capricorn also agreed to a 1% net smelter return (NSR) royalty on all tenements, with a 1.5% NSR applicable to one specific tenement, E59/2402.
Completion is expected in May 2025, subject only to procedural diligence and conditions...
ASX Closed Today: What Investors Should Watch Before Tuesday’s Reopen
April 21, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest News, News, Top Stories, Top Story, Trending News
The Australian Securities Exchange (ASX) remains closed today, Monday, in observance of a public holiday. Markets will reopen tomorrow, Tuesday, April 22, giving investors a brief pause to reassess positions and prepare for the trading week ahead.

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China Uncovers €78 Billion Gold Bonanza Deep Beneath Hunan Province
April 17, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Sectors, United Kingdom, USA
Geologists in China have uncovered one of Earth’s largest gold deposits beneath Hunan Province’s Pingjiang County, valued at €78 billion. The Wangu gold field holds over 1,000 metric tons of gold, according to the Hunan Geological Bureau, which confirms the deposit as a milestone for the global gold sector.
High-Yield Veins at Deep Earth Levels
Survey teams identified more than 40 gold veins at depths of around 2,000 metres, initially estimating 300 tons of reserves. Continued drilling at 3,000 metres increased the projected yield, surpassing 1,000 tons and confirming it among the world’s largest finds.
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Fortescue Strikes $350 Million Deal with Epiroc to Electrify Mining Fleet
April 17, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Sectors, Technology, Top Stories, Top Story, Trending News
Fortescue Commits to Emission-Free Future with Electric Drill Contract
Fortescue has signed a landmark AUD 350 million agreement with Swedish manufacturer Epiroc to supply over 50 autonomous electric drill rigs.
This bold move aligns with company’s mission to eliminate emissions from its mining operations and modernise its equipment fleet.
The deal includes both electric platform drills and contour drills, with full deployment set for completion by 2030.
Electric Fleet to Replace Diesel Machines by 2030
The new drill rigs will phase out ageing diesel-powered equipment across the company’s Pilbara operations.
Once fully operational, the electric fleet will eliminate approximately 35 million litres of diesel consumption each...
From Coal to Clean Energy: BHP Commits $30 Million to Upper Hunter’s Future
April 16, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Sectors
Mining giant BHP has announced a $30 million community fund for the Upper Hunter region as part of its plan to responsibly close Mt Arthur Coal mine by June 2030.
The funding will support job creation, education, health, cultural heritage, and economic empowerment, while also helping the community transition into a post-mining future. The announcement follows three years of consultation with local residents, businesses, and Indigenous groups.
Also Read: Tariffs, Turmoil, and Tension: Why May’s Rate Cut Looks Unstoppable
BHP backs future of Upper Hunter
BHP launched its closure plan in 2022, after deciding Mt Arthur Coal had reached the end of its economic life. Since then, the company has worked closely with the community to design a strategy that supports the region beyond mining.
The ...
Pacgold Unveils Compelling Gold Target at White Lion Prospect
April 14, 2025• Announcements, ASX, Australia, Canada, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Pacgold Limited, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Pacgold Limited (ASX: PGO) (“Pacgold” or “the Company”) has revealed a major geophysical breakthrough at the White Lion Prospect. This site lies within its 100%-owned Alice River Gold Project, located 300km northwest of Cairns in North Queensland.
Discovery of a Major Magnetic Anomaly
Pacgold has identified a doughnut-shaped magnetic anomaly over 1km in diameter. The anomaly shows a non-magnetic core, which may result from intense phyllic alteration. This feature mirrors the magnetite destruction found at the Mt Leyshon deposit, which produced 5 million ounces of gold.
“This anomaly clearly demonstrates how much potential this project holds for the discovery of a multimillion-ounce tier 1 gold asset,” ...
Short Sellers Target Uranium Stocks and James Hardie Amid Market Uncertainty
April 14, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, News, Top Stories, Top Story, Trending News, USA
Short interest surged across several ASX-listed uranium companies between 24 March and 7 April 2025. The data reflects rising bearish sentiment within the sector. Boss Energy recorded the highest short position at 25.60%, increasing 0.83% over the week and 3.02% for the month.
Paladin Energy followed at 16.72%, with a weekly rise of 1.22% despite a 1.23% decline over the month. Deep Yellow held 13.36%, while Lotus Resources posted 11.06% and the highest monthly increase at 4.05%.
These companies reflect ongoing market caution toward uranium developers and producers. The broader investor sentiment remains cautious amid uncertain demand dynamics.
James Hardie bid triggers increased short activity
James Hardie experienced a 3.40% weekly increase in short positions, reaching 7.38% total. The company’s 24 March 2025 bid for US firm AZEK triggered investor concerns. Macquarie analysts flagged valuation issues. “The bid is priced at ~6x...
Affected by US tariffs, the global trade war is in dire straits, but Bitcoin prices may still rise against the trend
April 11, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, Mining, News, Sectors, Top Stories, Top Story, Trending News
Despite the huge price volatility and downward trend after the US tariffs, Bitcoin may still rebound. Several crypto experts expressed their views on the possibility of Bitcoin rebounding in the trade war and shared similar views on its growth trend. Despite the short-term macro uncertainty that has led to investor withdrawal, Bitcoin still has strong recovery potential.
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Peabody’s $5.7 Billion Coal Deal in Jeopardy After Mine Explosion
April 9, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Peabody Energy Reconsiders Queensland Coal Purchase
Peabody Energy is reviewing its $5.7 billion acquisition of Anglo American’s Queensland coal mines after an explosion at the Moranbah North mine.
Last week, a fire at the underground site halted production. It was the second fire at an Anglo American mine in under a year. The Grosvenor mine, just 15 kilometres away, caught fire in June and remains shut.
The company had planned to complete the deal by mid-2025. However, the recent explosion has raised serious concerns.
Also Read: Trade War Erupts: Trump’s 104% Tariff Hikes Shake Global Markets
Uncertainty for Hundreds of Workers
The deal includes four Anglo American mines—Moranbah North, Grosvenor, Aquila, and Capcoal. If the company walks away, the future of hundreds of workers remains uncertain.
Mining and Energy Union...
Challenger Gold Doubles Ecuador Resource to 9.1 Million Ounces Gold Equivalent
April 9, 2025• Announcements, ASX, Australia, Challenger Gold Limited, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Top Stories, Top Story, Trending News
Challenger Gold Limited (ASX: CEL) (“Challenger” or “the Company”) has significantly increased its Mineral Resource Estimate (MRE) in Ecuador. The Company has doubled its resources from 4.5 million ounces (Moz) to 9.1 Moz gold equivalent (AuEq). This milestone positions Challenger Gold as a key player in the South American gold sector.
Managing Director Kris Knauer commented, “I would like to congratulate our exploration team in Ecuador for their outstanding work in doubling project resources from 4.5 Moz to 9.1 Moz AuEq, including a high-grade core of 2.1 Moz at 1.0 g/t AuEq.”
Growth and Upside Potential
The Company now...
Carbonxt Completes Share Purchase Plan to Fund Kentucky Expansion
April 8, 2025• Announcements, ASX, Australia, Carbonxt, Company, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Top Stories, Top Story, Trending News, United Kingdom, USA
Carbonxt Group Ltd (ASX: CG1) (“Carbonxt” or “the Company”) has successfully closed its Share Purchase Plan (SPP). The Company received a total of A$739,000 from shareholders. The offer allowed shareholders to subscribe for up to A$30,000 worth of shares at A$0.06 per share.
The SPP was underwritten to A$1,000,000 by two key shareholders, Phelbe Pty Ltd and Chaleyer Holdings Pty Ltd. These shareholders have now placed the shortfall of A$261,000.
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Petra’s Tech-Driven Academic Support Sets New Standard in Mining Innovation
April 8, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest News, Mining, News, Sectors, Technology, Top Stories, Top Story, Trending News, United Kingdom, USA
Australian mining technology innovator Petra Data Science is forging new paths in research and development by collaborating with the University of Adelaide to provide PhD students access to its proprietary orebody learning software and analytics expertise.
This strategic academic alliance highlights Petra’s commitment to cultivating a future generation of mining professionals equipped with real-world experience and advanced technological insights. The company’s support goes beyond conventional industry placements, offering cutting-edge tools, data, and mentorship that transform student research into practical solutions for complex mining challenges.
A Partnership Built on Purpose
Petra’s involvement stems from its foundational role in the Australian Research Council (ARC) Training Centre for Integrated Operations for Complex Resources, which was established in 2020. This Centre serves as a collaborative platform connecting academia,...
Experts predict that the price of Solana will skyrocket. How to use Solana mining correctly and achieve wealth freedom
April 7, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, Mining, Mining Information, News, Top Stories, Top Story, Trending News
With the rapid development of the cryptocurrency market, the demand for SOL tokens is increasing year by year, and the price of SOL is also slowly rising. Cryptocurrency prices rose on Sunday after US President Donald Trump announced the establishment of a strategic cryptocurrency reserve for the United States, including Bitcoin, which includes Ethereum as well as XRP, Solana ‘s SOL token and Cardanode’s ADA. During US trading on Thursday, all major cryptocurrencies fell, with Solana rising the most.
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ASX Suffers Worst Week in Years as $70 Billion Wiped Off Markets
April 5, 2025• ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Sectors, Technology, Top Stories, Top Story, Trending News
Australian Market Plunges Amid Global Recession Fears
Australian shares have endured their worst week since June 2022, as the All Ordinaries lost $70 billion in value. The S&P/ASX 200 plunged 3.9% for the week, marking a brutal five-day losing streak.
Investors reacted to growing concerns of a US recession, as Wall Street recorded its largest one-day drop since the pandemic. The downturn hit nearly every sector on the ASX, with energy stocks leading the collapse.
Also Read: See Yesterday’s News: ...
ASX 200 is Recovering: The Final Stage of Today’s ASX Bloodbath
April 3, 2025• ASX, Australia, Biotechnology, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining, Mining Information, News, Political News, Politics, Sectors, Top Stories, Top Story, Trending News
ASX 200 Shows Strength Despite Global Uncertainty
The Australian share market is battling through global turmoil. While the ASX 200 has dipped, some sectors remain resilient. Investors are watching closely as markets react to ongoing tariff battles.
As of 3:39 pm AEDT, the ASX 200 is down 0.90%, shedding 71.40 points to 7,863.10. However, select stocks and sectors are showing strength, providing hope amid broader declines.
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Gold Prices Skyrocket: Record Highs Fuel Investor Frenzy
April 3, 2025• ASX, Australia, Canada, Daily News, Greenland, Investment News, Latest News, LSE, Mining, Mining Information, NYSE, Sectors, Technology, TSX, United Kingdom, USA
Gold Surges Past $3,150 as Global Uncertainty Mounts
Gold prices are soaring as investors rush to safe-haven assets. The yellow metal hit a new all-time high of US$3,168 before slightly retreating. Despite this pullback, gold remains firmly above US$3,148, gaining 0.72% for the day.
Also Read: ASX Bloodbath: Markets Bleed as Investors Panic Over Tariffs
Massive Gains Over the Past Year
Gold’s performance in the last year has been remarkable. Prices have surged by 36.58% over the past 12 months. Over five years, the metal has nearly doubled, rising 91.35%. Over two decades, gold has skyrocketed by 635.82%.
Why Is Exploding?
Several factors are driving its meteoric rise. Rising geopolitical tensions, surging inflation fears, and aggressive tariff policies are pushing...
ASX Bloodbath: Markets Bleed as Investors Panic Over Tariffs
April 3, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining Information, Politics, Sectors
Billions Wiped Out in a Brutal Market Rout
The Australian stock market suffered a brutal sell-off today, with the ASX 200 plunging 83.8 points (-1.06%) to 7,850.70. A tidal wave of red swept across the index as 10 out of 11 sectors collapsed, leaving only Consumer Staples in positive territory.
Technology stocks led the losses, plummeting 2.74%, while Real Estate (-1.95%) and Energy (-2.25%) suffered heavy blows. Investors watched in horror as the market erased more than $26.2 billion by midday, amplifying fears of a larger correction ahead.
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Ramelius Resources Hits Record Cash Flow as Gold Prices Boost Profits
April 3, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Strong Performance Drives Share Price Higher
Ramelius Resources Limited (ASX: RMS) continued its strong run, with its share price rising 5.00% today to $2.415. The stock has gained 5.92% over the past week, 16.67% year-to-date, and 26.77% over the past year.
Ramelius has outperformed its sector by 39.76% over the past 12 months, proving its resilience in a volatile market. Compared to the ASX 200, Ramelius shares have gained 25.88% more over the same period.
Also Read: ASX 200 Live: ASX Sinks as Market Struggles—Ansell and Liontown Lead Declines
Record Cash Flow and Strong Gold Production
The company...
Australia Increases Export Forecasts but Sees Long-Term Decline in Commodity Earnings
March 31, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Australia has raised its forecast for resource export income this financial year. However, the long-term outlook remains bleak as global demand weakens and prices fall.
Stronger Short-Term Earnings, But Decline Ahead
The Department of Industry, Science and Resources expects resource exports to reach A$387 billion ($243 billion) by June 2025. This is a 4% increase from its last forecast. However, earnings will still be 7% lower than last year.
Looking ahead, the department predicts export income will drop further, reaching A$343 billion by June 2030. A weaker Australian dollar and higher iron ore and LNG prices have driven this year’s increase. But long-term declines in demand will limit future...
Smart Crypto Investor Makes $152K in One Month with SIX MINING
March 29, 2025• Australia, Canada, Crypto, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest News, News, Top Stories, Top Story, Trending News, United Kingdom, USA
In the cryptocurrency industry, cloud mining is becoming a popular investment method that allows investors to easily earn passive income without having to purchase expensive mining machines or have technical experience. Many smart investors have used the SIX MINING cloud mining platform to achieve considerable returns in a short period of time. This article will take a deep dive into how cloud mining works and how investors can make $ 152,000 in one month with SIX MINING .
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Netflix’s The Life List Struggles to Turn Grief into Genuine Growth
March 29, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, News, Top Stories, Top Story, Trending News
Netflix’s latest release, The Life List, is a drama about grief, love, and personal growth. Despite its premise, the film struggles to resonate emotionally. Directed by Adam Brooks, the film is based on the bestselling novel by Lori Nelson Spielman. The movie attempts to tackle deep themes but falls short of delivering the expected emotional impact.
A Familiar Storyline
The Life List follows Alex, portrayed by Sofia Carson, a young woman in her late 20s or early 30s. She faces a personal crisis after her mother’s death. In the film, Alex must complete a list of childhood...
China’s Antitrust Scrutiny Stalls CK Hutchison’s $22.8 Billion Panama Ports Deal
March 29, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest News, News, Political News, Top Stories, Top Story, Trending News
China’s top market regulator has launched an antitrust review of CK Hutchison’s potential Panama Canal ports deal. The State Administration for Market Regulation (SAMR) confirmed the decision on Friday. The regulator aims to ensure fair market competition and safeguard public interests.
A spokesperson from the second antitrust enforcement division of SAMR responded to inquiries from Hong Kong media agency Ta Kung Wen Wei. The spokesperson acknowledged the deal and confirmed the regulator’s intention to conduct an antitrust review.
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Impact Minerals Raises $3.63 Million in Successful Rights Issue
March 28, 2025• Announcements, ASX, Australia, Daily News, Featured Business News, Home Top Stories, Homepage, Impact Minerals, Investment News, Latest, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
Impact Minerals Limited (ASX: IPT) (“Impact,” “Impact Minerals,” or “the Company) has successfully raised $3,632,736 through its renounceable rights issue, demonstrating strong investor support despite challenging market conditions. The offer, announced on 28 February 2025, officially closed on 28 March 2025, with a 70% take-up rate.
Strong Shareholder Backing
The Company will issue 605,455,505 new shares and ...
Gold About to Touch $3,100! Is the Rally Just Beginning?
March 28, 2025• Announcements, ASX, Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Investment News, Latest News, LSE, Mining, Mining Information, NYSE, Sectors, Technology, TSX, United Kingdom, USA
Gold prices soared to USD 3,073.86 per ounce, gaining 0.79% on the day. Silver prices also rose, reaching USD 34.31 per ounce, marking the highest level since October 2024.

Gold Price Outlook [...
Devon Pit Gold Mine Moves Closer to Production with Blue Cap Mining Agreement
March 28, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Matsa Resources has taken a significant step toward gold production at the Devon Pit gold mine in Western Australia’s Laverton region. The company has entered into a mining services agreement with Blue Cap Mining (BCM), securing critical mining expertise and financial support to advance the project.
Under the agreement, BCM will provide essential services, including mining, equipment, transport, civil works, and other operational requirements. The partnership operates on an open-book cost basis, ensuring transparency and cost efficiency for the project’s development.
Joint Funding and Profit-Sharing Model
A key aspect of the deal is the joint funding approach. BCM has committed to covering up to $6 million in working capital through deferred payment terms, representing 50% of the progressive service fees. Matsa will fund the remaining balance, ensuring that operations remain well-supported.
Once Devon Pit achieves positive cash...
ASX 200 Falls as Tech and Real Estate Drag Markets Lower
March 27, 2025• ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Latest, Latest News, News, Sectors, Technology, Top Stories, Top Story, Trending News
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. This decline comes despite the index crossing above its 20-day moving average.
Over the past five days, the ASX 200 gained 0.41%. However, the year-to-date performance remains negative, with a 2.54% decline.

David Genat’s $9 Million Victory: A Reality TV Masterclass
March 27, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest News, News, Top Stories, Top Story, Trending News, USA
David Genat has won $9.2 million on the US reality series Deal or No Deal Island. The former Australian Survivor champion secured the second-largest cash prize in television history.
One of the Biggest Prizes in TV History
David Genat’s win is one of the largest ever recorded. His $US5.8 million ($A9.2 million) prize is second only to Jeff Allen’s $US10 million ($A15.9 million) victory on Beast Games.
Host Joe Manganiello highlighted the magnitude of the decision. “If you take this offer, this would be the most money anyone’s ever made on network television,” he said.
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The Reject Shop Accepts $259M Takeover Bid from Dollarama
March 27, 2025• ASX, Australia, Canada, Daily News, Home Top Stories, Homepage, Latest, Latest News, News, Top Stories, Top Story, Trending News, TSX
Canadian Retail Giant Plans Expansion in Australia
The Reject Shop Limited (ASX: TRS) will exit the Australian Securities Exchange (ASX) after two decades, following a A$259 million acquisition by Canadian discount retailer Dollarama Inc. (TSX: DOL). The deal values The Reject Shop at $6.68 per share, reflecting a 112% premium on its last closing price of $3.15 on 26 March 2025.
The company’s largest shareholder, Kin Group, which holds 20.8% of shares, has indicated its support for the transaction.
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Marvel Assembles X-Men Legends and MCU Veterans for Avengers: Doomsday
March 27, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest News, News, Top Stories, Top Story, Trending News, United Kingdom, USA
Marvel Studios Announces Star-Studded Cast
Marvel Studios has officially revealed the cast of Avengers: Doomsday, set for release in May 2026. The ensemble features returning MCU veterans, newcomers, and several original X-Men actors from the Fox era.
The announcement was made through a series of videos released overnight. The film marks the first Avengers movie since 2019’s Avengers: Endgame, which grossed over $2.79 billion globally.
#AvengersDoomsday. Now in production. pic.twitter.com/syykJ57W1l
— Marvel Entertainment (@Marvel) March 26,...
Challenger Secures First US$2M Drawdown from US$20M Finance Facility for Toll Milling
March 26, 2025• Australia, Canada, Challenger Gold Limited, Daily News, Featured Business News, Greenland, Home Top Stories, Homepage, Latest, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
Challenger Gold Limited (ASX: CEL) (“Challenger” or “the Company”) has drawn US$2 million from its US$20 million Project Finance Facility. This move strengthens its ability to advance Toll Milling operations, covering early mining works, corporate expenses, and working capital.
The announcement follows a 7.02% gain in the past week, outperforming the sector by 3.36% over the past year. Currently (March 26, 2025), CEL’s stock price...
ASX 200 Surges Past 8,000 as Mining and Financial Stocks Rally
March 26, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, Mining, Mining Information, News, Top Stories, Top Story, Trending News
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 March. The index rose 0.7% in early trading, reaching 7,996.20 before briefly crossing the key psychological threshold. Investors responded positively to easing inflation concerns and government budget measures aimed at sustaining economic growth.
Key Drivers of the Market Rally
The market’s strong performance was largely driven by gains in ASX mining and financial stocks, with heavyweight companies such as BHP, Rio Tinto, and Fortescue Metals leading the charge. A rebound in commodity prices, particularly iron ore, supported the sector’s momentum. BHP and Rio Tinto advanced over 2% each, while Fortescue Metals gained 1.8%. The renewed optimism in resources ASX reflects expectations of continued demand from China, despite lingering concerns about its economic recovery.
The financial sector also posted...
ASX Market Update: March 25, 2025
March 26, 2025• ASX, Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest News, Mining, Mining Information, News, Top Stories, Top Story, Trending News, United Kingdom, USA
The Australian Securities Exchange (ASX) saw a modest rise in trading on March 25, 2025, as investors responded to global market movements and domestic economic factors. The ASX 200 index gained 5.6 points, or 0.07%, closing at 7,942.5, while the broader All Ordinaries index advanced by 8.8 points, or 0.11%, to settle at 8,166.7. The session reflected cautious optimism, with strong performances in technology and financial sectors countering softness in energy and materials.
Technology Sector Leads Gains
Technology stocks outperformed the broader market, buoyed by investor confidence in digital transformation and artificial intelligence-driven business models. Leading the charge was WiseTech Global, which posted strong gains following an announcement of an expanded logistics software partnership with a major European freight carrier. Xero also saw an uptick in its share price, benefiting from positive sentiment surrounding cloud-based financial...
Magnetite Mines Advances Razorback Iron Ore Project with Mining Lease Proposal Submission
March 26, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, Mining, Mining Information, News, Top Stories, Top Story, Trending News
Magnetite Mines has taken a significant step toward developing its flagship Razorback Iron Ore Project in South Australia by submitting a Mining Lease Proposal (MLP) to the state’s Department for Energy and Mining. This marks a critical milestone in the company’s efforts to establish a large-scale, premium magnetite mining operation capable of producing five million tonnes of high-grade magnetite concentrate per year. The submission reflects Magnetite Mines’ commitment to advancing the project in alignment with global demand for high-quality iron ore, particularly for the emerging green iron industry.
Strategic Location and Development
Situated approximately 240 kilometers northeast of Adelaide, the Razorback Iron Ore Project is located within the Braemar Iron Formation, an area recognized for its extensive magnetite resources. Over the past year, Magnetite Mines has conducted numerous studies to support the MLP submission, including...
Brisbane Unveils Plans for a New Olympic Stadium for the 2032 Games
March 26, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest News, News, Sports, Sports News, Top Stories, Top Story, Trending News, United Kingdom, USA
The Queensland government has announced ambitious plans to construct a new 63,000-seat stadium in Brisbane’s Victoria Park, set to be the central venue for the 2032 Olympic and Paralympic Games. This state-of-the-art facility will not only host the highly anticipated opening and closing ceremonies but will also be the primary venue for athletics during the Games.
The announcement marks a significant shift in the government’s approach to Olympic infrastructure. Originally, there were no plans to build a new stadium, with the focus instead on upgrading existing venues. However, after extensive deliberation, authorities concluded that a modern facility in Victoria Park would be a better long-term investment for the city.
A New Era for Brisbane’s Sporting Infrastructure
The proposed stadium is expected to redefine Brisbane’s sporting landscape. Once the Olympics conclude, the venue will transition into a cricket stadium, replacing the...
New Zealand’s Steps Towards Online Gambling Regulations
March 25, 2025• Australia, Canada, Casino/Gaming, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest Daily News, Latest News, Most Popular, News, Pin Top Story, Popular Blogs, Top Stories, Top Story, Trending News, United Kingdom, USA
New Zealand is making significant strides in regulating its online gambling sector, a move that reflects the global trend of tightening digital gaming laws. With the rapid expansion of internet-based casinos and betting platforms, the country is looking to establish a structured framework that ensures player protection, fair play, and responsible gambling.
Currently, the online gambling market in New Zealand is somewhat fragmented. The only legal operators allowed to offer online betting services to residents are the state-run TAB for sports wagering and Lotto NZ for online lottery games. However, many Kiwis still access offshore gambling platforms, raising concerns about consumer security and the lack of government oversight. This has led authorities to consider new policies that could reshape the nation’s approach to digital wagering.
The government has been assessing various...
Best Cryptocurrency Platform to Profit $50,000 a Day: CESUR Mining Top Cloud Mining Platform
March 25, 2025• Daily News, Home Top Stories, Homepage, Latest, Latest News, News, Top Stories, Top Story, Trending News, Uncategorized
Cryptocurrency enthusiasts are always looking for creative ways to supplement their income, and BTC holders have found a straightforward way to earn up to $,50,000 per day. Instead of relying on market trends, savvy investors are turning to cloud mining to generate passive income on a regular basis. Cloud mining offers an easy way to become a part of the lucrative world of cryptocurrency mining without the need for expensive hardware or technical expertise.
CESUR Mining is one of the leading platforms in this field. It is a cloud mining service that provides BTC enthusiasts with the opportunity to convert their BTC holdings into a daily source of income. If you are a BTC holder who is looking for the easiest way to earn a decent return, cloud mining with CESUR Mining may be your best choice.
The world’s top official platform: ...
ASX200 Edges Higher as Gold Road Surges Over 15%
March 25, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
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 the market, surging 15.51% and 5.16% respectively.
Despite today’s modest rise, the index has climbed 1.02% over the last five days but remains 2.68% lower for the year.

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Cazaly Moves Forward with Earn-In at Goongarrie Gold Project
March 25, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Cazaly Resources Limited has exercised its option to proceed with the earn-in Joint Venture (JV) at the Goongarrie Gold Project. This decision secures Cazaly’s right to earn up to an 80% interest by funding exploration activities worth up to $3 million.
This marks a significant step in the partnership between Cazaly and Brightstar Resources Limited, providing both companies with growth opportunities in the prolific Kalgoorlie gold region.
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Queensland Confirms Victoria Park Stadium for 2032 Olympics Amid Heritage and Political Controversy
March 25, 2025• Australia, Daily News, Home Top Stories, Homepage, Infrastructure, Latest, Latest News, News, Politics, Sectors, Sports, Sports News, Top Stories, Top Story, Trending News
Government Announces New Olympics Infrastructure Plan
The Queensland Government has confirmed plans to build a new stadium at Victoria Park for the 2032 Brisbane Olympics. The announcement follows months of speculation and controversy over the future of the Games’ main venue.
Premier David Crisafulli stated that the decision came after a review of infrastructure options.
“It became a choice between spending billions on temporary facilities and temporary stands that delivered no legacy or securing the future of AFL and cricket at a new home,” Crisafulli said.
The stadium will seat 60,000 people and serve as Queensland’s premier sporting facility beyond the Olympics.
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Oscar-Winning Filmmaker Hamdan Ballal Beaten by Settlers, Detained by Israeli Forces in West Bank
March 25, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, News, Political News, Politics, Top Stories, Top Story, Trending News, USA
Settlers Attack Filmmaker in Susya
Israeli settlers attacked Palestinian filmmaker Hamdan Ballal in the occupied West Bank village of Susya. Ballal, co-director of the Oscar-winning documentary No Other Land, suffered head and stomach injuries.
Israeli soldiers removed Ballal from an ambulance and detained him. His co-director, Yuval Abraham, reported the incident on X. Ballal’s whereabouts remained unknown for hours after his arrest.
A group of settlers just lynched Hamdan Ballal, co director of our film no other land. They beat him and he has injuries in his head and stomach, bleeding. Soldiers invaded the ambulance he called, and took him. No sign of him since.
— Yuval Abraham יובל אברהם (@yuval_abraham) March 24,...
Qantas Slashes Airfares in 72-Hour Sale, Offering Over One Million Discounted Seats Starting at $99
March 25, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, News, Top Stories, Top Story, Trending News
Qantas has announced a massive 72-hour sale, offering discounted airfares across its domestic network. The sale includes over one million seats across 60 destinations in Australia.
Huge Discounts on Domestic Flights
Qantas is providing savings of up to 30% on economy fares. The sale covers flights for selected travel periods in 2025, including April, May, and June. The sale ends at 11:59 PM (AEDT) on 27 March 2025, unless tickets sell out earlier.
One-way fares start at $99 on select routes. Adelaide to Kangaroo Island, Brisbane to Whitsunday Coast, Ballina to Sydney, and Launceston to Melbourne are among the cheapest options.
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Earn up to 30,000 USDT From Cloud Mining-4 Best Crypto Cloud Mining Sites
March 24, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News, United Kingdom, USA
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 that’s not all, you also require low-cost electricity and operate the rigs to get most of it. What will you do in such a scenario?
To begin with, let’s understand what Crypto mining is. It is the process that cryptocurrencies use to generate new coins and verify new transactions. To start crypto mining, you can explore some of the best mining platforms available in the market today. Here are our reviews of the 4 best cloud mining platforms, discussing their key features and their respective pros and cons.
What Is Cloud Mining?
Cloud mining is a process where individuals mine cryptocurrencies by leasing computing power from remote data centers. Unlike traditional mining, which requires purchasing, installing, and maintaining hardware, mining simplifies the process. Users join mining pools through...
SIX MINING: Earn $10,000 a day, the leading cloud mining service platform in 2025
March 24, 2025• Australia, Canada, Crypto, Daily News, Greenland, Home Top Stories, Homepage, Latest News, Mining Information, Sectors, Technology, United Kingdom, USA
Six Cloud mining is a mechanism for using rented cloud computing power to mine cryptocurrencies such as Bitcoin, without having to install and directly run hardware and related software. Cloud mining companies allow people to open an account and participate in the cryptocurrency mining process remotely for a fee. This helps to allow a wider range of people to participate in mining because it reduces the need to purchase and maintain equipment or pay direct energy costs.
...
Trump’s Media Cuts Shake Global Influence, Opening Doors for Australia in Asia
March 22, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, News, Political News, Politics, Sectors, Top Stories, Top Story, Trending News, United Kingdom
Media US Government Ends Funding for Foreign Broadcasters
The United States government has cut funding for its foreign broadcasters, citing the national debt burden. President Donald Trump’s administration has terminated federal grants supporting Voice of America (VOA), Radio Free Europe/Radio Liberty, and Radio Free Asia.
The White House announced the decision as part of broader spending cuts across government agencies. Thousands of employees have been placed on leave following the announcement.
A White House spokesperson defended the move, stating that the administration was “committed to making our government more efficient.” National Security Council spokesman Brian Hughes said the reorganisation would strengthen American diplomatic efforts abroad.
Billionaire and Trump aide Elon Musk, a key figure in overseeing the cuts, supported the decision. He posted on his X platform that the broadcasters were “just radical left...
Beginner’s Guide to ASX Investing: How to Buy Shares and Build Wealth
March 22, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, News, Top Stories, Top Story, Trending News
It is in the stock market can be overwhelming, especially for beginners. With thousands of ASX shares to choose from and financial jargon everywhere, many people hesitate to take the first step. However, successful investing doesn’t require expert knowledge. A simple, long-term investment strategy can help you grow your wealth over time.
This beginner guide explains what shares are, how to buy them, and how to develop a solid stock market strategy for long-term.
Also Read: Vanuatu’s Fight for the Future: Rebuilding Amid Unrelenting Disasters
What Is a Share and How Do You Buy One?
A share represents ownership in a company. When you buy shares in a company like Commonwealth Bank of Australia, Rio Tinto, or Woolworths, you own a small part of that business.
These companies, along with over ...
Did You Book Virgin Australia’s $45 Flight Sale? Here’s What You Can Do Next
March 21, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, News, Technology, Top Stories, Top Story, Trending News
Virgin Australia’s limited-time $45 flight sale has taken the travel industry by storm, with thousands of travellers securing ultra-cheap fares across domestic and international routes. If you haven’t booked your ticket yet, there’s still time—but flights are selling fast.
Know more details: CLICK HERE!
The eight-day promotion, which started on March 19, 2025, runs until midnight on March 26, 2025. With over one million discounted fares available, this sale is one of Virgin Australia’s biggest yet, covering 35 destinations for travel between April 30, 2025, and February 11, 2026.
Scroll Down to Get the Flight Booking Link!
Let’s take a look at how the sale is unfolding and what...
F1 Icon Eddie Jordan Dies at 76: Denied Access to Michael Schumacher After Tragic Skiing Accident, Tributes Pour In
March 21, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest News, News, Sectors, Sports, Sports News, Top Stories, Top Story, Trending News, United Kingdom, USA
The motorsport world is mourning the loss of Eddie Jordan, the legendary F1 team owner and pundit. The 76-year-old passed away on Thursday in Cape Town, South Africa, after battling aggressive prostate and bladder cancer. His family confirmed that he died peacefully with loved ones by his side.

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WA Mining Conference to Return in October 2025 After Record-Breaking Success
March 20, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
WA Mining Conference and Exhibition is set to return in October 2025 at the Perth Convention & Exhibition Centre. The event, known as Australia’s leading mining technology showcase, will once again bring together industry leaders, technology innovators, and decision-makers.
The 2024 edition broke all attendance records, drawing over 3,000 attendees, 120+ exhibitors, and 40+ speakers. The success of last year’s event has set the stage for an even bigger and better gathering in 2025.
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XRP Surges as SEC Drops Lawsuit Against Ripple
March 20, 2025• ASX, Australia, Crypto, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest News, LSE, News, NYSE, Political News, Technology, Top Stories, Top Story, Trending News, TSX
Ripple CEO Brad Garlinghouse has announced a major legal victory for the cryptocurrency industry. The U.S. Securities and Exchange Commission (SEC) has agreed to drop its lawsuit against Ripple, ending a four-year legal battle. The news has sent XRP soaring, with prices climbing over 10% in the last 24 hours.

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Live ASX: Today’s Market Is Exploding!
March 20, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Infrastructure, Investment News, Latest, Latest News, Mining, Most Popular, News, Sectors, Technology, Top Stories, Top Story, Trending News
Live ASX 200 Holds Strong Gains as Investors Stay Optimistic (3:08 pm AEDT)
The S&P/ASX 200 continues its upward momentum, rising 85.90 points (1.10%) to 7,914.20 as of 3:08 pm AEDT. The index has gained 2.13% in the past five days, though it remains 3.00% lower year-to-date.
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Sandvik Achieves Record-Breaking Raise Boring and Secures Major Equipment Deal
March 19, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Revolutionary Raise Boring Success in Scandinavia
Sandvik’s drilling tools have played a crucial role in a record-breaking raise boring achievement in Scandinavia. Drillcon Group completed a 700-metre ventilation shaft in a single pass for Zinkgruvan Mining in Sweden.
The project, part of the Dalby mine expansion, began in April 2024. The team drilled a 700-metre pilot hole downward before reaming it back up to a 4.1-metre diameter.
Sandvik’s cutting-edge raise boring tools ensured smooth execution. The team used the newly launched Sandvik RR890 pilot bit, an advanced 12EL reamer head, and modernised cutters featuring PowerCarbide technology. These tools delivered outstanding performance without requiring cutter replacements or reamer servicing.
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Trump Declassifies Final JFK Assassination Files, Reviving Decades-Old Controversy
March 19, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest, Latest News, News, Political News, Politics, Top Stories, Top Story, Trending News, USA
Full Disclosure of Assassination Documents
Donald Trump’s administration has released all classified files on President John F. Kennedy’s 1963 assassination. The National Archives made tens of thousands of unredacted pages public.
The release follows Trump’s executive order aimed at declassifying documents related to the assassinations of John F. Kennedy, Robert F. Kennedy, and Martin Luther King Jr.
President Trump is ushering in a new era of maximum transparency. Today, per his direction, previously redacted JFK Assassination Files are being released to the public with no redactions. Promises made, promises kept. https://t.co/UnG1vkgxjX pic.twitter.com/XBbkQfz4Bx
— DNI Tulsi Gabbard (@DNIGabbard) ...
Mineral Resources Pauses Onslow Iron Haulage Following Road Train Incident
March 19, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Infrastructure, Investment News, Latest, Latest News, Mining, News, Sectors, Top Stories, Top Story, Trending News
Mineral Resources Limited (ASX: MIN) has temporarily paused haulage on the Onslow Iron haul road after receiving a notice from WorkSafe WA. The company is reviewing and enhancing its safety measures following an incident on 17 March 2025, where a road train’s rear trailers tipped over.
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Live ASX 200 News: What’s Happening in the Market?
March 19, 2025• ASX, Australia, Biotechnology, Daily News, Energy, Home Top Stories, Homepage, Infrastructure, Latest, Latest News, Mining, Mining Information, News, Sectors, Technology, Top Stories, Top Story, Trending News
ASX 200 Extends Losses as Selling Pressure Intensifies (2:59 pm AEDT)
The S&P/ASX 200 has deepened its decline, dropping 22.70 points (0.29%) to 7,837.70 as of 2:59 pm AEDT on 19 March. While the index remains up 0.66% over the past five days, it has fallen 3.94% year-to-date.
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AVZ Minerals Secures €39 Million Tribunal Ruling Against Cominière
March 18, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Politics, Sectors
Partial Award to Enforce Emergency Orders and Liquidate Accrued Penalty
AVZ Minerals Limited confirms that the ICC tribunal, in case ICC No. 27720/SP, has issued a Partial Award dated 10 March 2025. The tribunal has ruled that La Congolaise d’Exploitation Minière (Cominière) must pay a penalty of €39,125,000 plus interest, at the French legal interest rate, due to its non-compliance with emergency orders.
The ruling follows arbitration initiated by AVZ International Pty Ltd (AVZI) against Cominière over alleged breaches of and the purported termination of the Dathcom joint venture agreement (Dathcom JVA). AVZI previously secured emergency injunctions from the ICC’s Emergency Arbitrator on 5 May and 15 November 2023, prohibiting Cominière from taking actions based on its purported termination of the Dathcom JVA.
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March Quarter Decline Won’t Derail Gruyere’s Annual Target
March 18, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Gold Road Resources Limited (ASX: GOR) has provided an update on the March 2025 quarter production at the Gruyere Gold Mine, a 50:50 joint venture with Gruyere Mining Company Pty Ltd, a subsidiary of Gold Fields Ltd. Production is expected to be lower due to maintenance issues, but the company remains on track to meet its full-year guidance.
March Quarter Production Declines
Gruyere’s gold production for the March 2025 quarter is expected to be between 70,000 and 73,000 ounces (100% basis). This marks a decline from the December 2024 quarter, which recorded 91,631 ounces. The lower production is due to maintenance on the primary crusher and the failure of two conveyor belts. The Gruyere JV has identified the causes and is implementing recovery plans.
Mining activity continues to ramp up and is currently at an...
ASX 200 Gains as Clarity Pharmaceuticals Leads Market
March 18, 2025• ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
The S&P/ASX 200 rose 10.90 points or 0.14% to 7,865.00 by 3:25 pm AEDT on 18 March 2025. The index remains down 0.32% over five days and 2.46% over the last year.

GTA 6: Hidden Clues, Pricing Speculation, and the Future of Open-World Gaming
March 18, 2025• Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Latest, Latest News, News, Sports, Sports News, Top Stories, Top Story, Trending News, United Kingdom, USA
The gaming industry is buzzing with discussions about Grand Theft Auto VI. Rockstar Games has kept details under wraps, but recent developments have intensified speculation.
Rockstar Games Introduces GTA V Update with Advanced Features
A recent Grand Theft Auto V update introduced Ray-Traced Global Illumination (RTGI) technology. Digital Foundry and other gaming analysts believe these enhancements may have been backported from GTA VI.
Eurogamer’s Alex Battaglia suggested that the update provides a glimpse into GTA VI’s lighting technology. “Perhaps we are actually getting a preview of the lighting technology found in GTA 6,” he wrote.
The update also added ambient occlusion, global illumination, and support for AMD FSR and NVIDIA DLSS. These improvements suggest Rockstar Games is testing elements that will define the visual experience of GTA VI.
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ASX Market Update: S&P/ASX 200 Dips Slightly as Clarity Pharmaceuticals Leads Gains
March 18, 2025• ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Infrastructure, Investment News, Latest News, Mining, Mining Information, Sectors, Technology
The Australian share market saw a minor decline on Monday, with the S&P/ASX 200 slipping 3.40 points to 7,850.70 as of 2:19 PM AEDT. While losses remained limited, notable movements across various stocks and sectors shaped the trading session. Scroll down to see what’s happening in the market today.
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Challenger Limited’s Share Price Climbs as It Neutralises Dividend Reinvestment Plan
March 18, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest, Latest News, Mining Information, News, Top Stories, Top Story, Trending News
Challenger Limited Sees 4.43% Share Price Rise
Challenger Limited (ASX:CGF) gained 4.43% today, closing at $5.66. Despite this jump, the stock has dropped 14.89% over the past year and underperformed against both its sector (-25.11%) and the ASX 200 (-17.31%).
Dividend Reinvestment Plan Issue Price Announced
Challenger has finalised the Dividend Reinvestment Plan (DRP) issue price for its interim 2025 dividend at $5.5314 per share. This price reflects the average of daily volume-weighted share prices over ten trading days from 28 February to 13 March 2025.
The company reported a 2% participation rate in the DRP. To...
ASX Market Rebounds with Strong Gains in Resources and Mining
March 17, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
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 volatility, with the index down 1.18% over the past five days and 2.40% over the past year.

Figure 1: ...
Liontown Resources Reports Strong H1 FY25 Performance Amidst Key Milestones
March 17, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Kathleen Valley Lithium Mine Commences Production
Liontown Resources Limited (ASX: LTR) achieved significant milestones in the first half of the 2024–25 financial year (H1 FY25), marking a pivotal period for the company as it transitioned from project development to production at the Kathleen Valley lithium operation in Western Australia.
Spodumene concentrate production commenced on 31 July 2024, with the company producing 116,854 dry metric tonnes (dmt) by the end of the period. The Board officially declared commercial production at the Kathleen Valley processing plant, effective from 1 January 2025, further cementing Liontown’s position as a key player in the lithium sector.
Sales and Financial Performance
During H1 FY25, Liontown sold 100,240 wet metric tonnes (wmt) of spodumene concentrate at an average realised price of US$811 per dmt. This resulted in revenue of $100.4 million and an underlying earnings...
Top Five ASX Materials Stocks Surge Amid Market Optimism
March 17, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
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, all sectors have posted gains. The ASX 200 was up 0.8% at 10:30am AEDT.
Miners have all opened higher amid expectations of positive news from China regarding a new stimulus package for its domestic economy. Materials are leading the sector chart, reflecting strong investor sentiment. The S&P/ASX 200 Materials Index rose by 1.68% to 16,627.0 points, reinforcing the sector’s strength. Despite recent market volatility, several materials stocks posted significant gains. The global demand for critical minerals and metals continues to support the sector’s long-term growth.
Unico Silver Ltd (ASX: USL) Rises on Strong Momentum
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Albanese Fires Back at DiCaprio Over WA Mine Expansion Criticism
March 15, 2025• Announcements, Australia, Daily News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Politics, Sectors
Prime Minister Anthony Albanese has hit back at Leonardo DiCaprio after the Hollywood star slammed the Australian government for approving a controversial mine expansion in Western Australia.
Here is DiCaprio’s post:
Catalyst Metals Achieves First Stoping Ore at Plutonic East
March 14, 2025• Daily News, Home Top Stories, Homepage, Latest, Mining, Mining Information, News, Sectors, Top Stories, Top Story, Trending News
Read More → Read More: Catalyst Metals Achieves First Stoping Ore at Plutonic EastCatalyst Metals Limited (ASX: CYL) has achieved first stoping ore at Plutonic East in Western Australia. This marks the first of three mines set to boost production across the Plutonic Gold Belt.
Over the next 12 to 18 months, Catalyst plans to increase annual gold output to 200,000 ounces. The A$31 million expansion will utilise existing infrastructure to optimise efficiency.
Figure 1: ...
Top 5 ASX Materials Stocks Surge Amid Market Optimism
March 14, 2025• Daily News, Home Top Stories, Homepage, Latest, Mining, Mining Information, News, Top Stories, Top Story, Trending News
Read More → Read More: Top 5 ASX Materials Stocks Surge Amid Market OptimismAustralia’s materials sector recorded strong gains today, with several key players outperforming the broader market. The S&P/ASX 200 Materials Index rose 1.76%, reflecting renewed investor interest in mining and exploration companies. Demand for commodities, including tin, gold, copper, and lithium, continues to drive market momentum.
Five companies—Metals X Ltd, Legacy Minerals Holdings Ltd, Cosmos Exploration Ltd, Aurum Resources Ltd, and Iltani Resources Ltd—posted significant stock price increases. Their strong performances highlight growing confidence in the materials sector amid global resource demand.
Metals X Ltd (ASX: MLX) Sees Strong Gains
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Mali’s Mining Sector Stabilises with Partial Permit Lifting
March 13, 2025• Announcements, Australia, Daily News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Politics, Sectors
Read More → Read More: Mali’s Mining Sector Stabilises with Partial Permit LiftingThe Government of Mali will partially lift the suspension of mining permits by 15 March, providing more certainty for the industry. West Africa-focused explorer Toubani Resources (ASX:TRE) welcomed the decision, highlighting its positive impact on project approvals.
The move will allow applications for renewing search and exploitation permits, transitioning from search to exploitation, and transferring exploitation permits. However, new mining permits and search permit transfers remain suspended.
The Ministry of Mines introduced the suspension in November 2022 to audit mining operations and review the 2019 Mining Code.
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ASX Midday Report: Market Gains Amid Tariff Concerns
March 13, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Politics, Sectors
Read More → Read More: ASX Midday Report: Market Gains Amid Tariff ConcernsThe 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, with investors capitalising on recent dips despite concerns over U.S. trade policies.
Market Overview by Midday
- The ASX 200 gained 0.10 points to 7,786 after an early rally.
- Eight out of 11 sectors moved into positive territory.
- Investors remained cautious about U.S. tariff policies affecting Australian industries.
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Boss Energy Expands Stake in Laramide Resources Amid Strategic Uranium Investments
March 13, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Boss Energy Expands Stake in Laramide Resources Amid Strategic Uranium InvestmentsBoss Energy Increases Stake in Queensland Uranium Developer
Boss Energy Limited (ASX: BOE) is increasing its stake in Laramide Resources (ASX: LAM) to 18.4% on an undiluted basis. The company has acquired an additional 23.5 million shares at C$0.60 ($0.66) per share, strengthening its position in Laramide’s flagship Westmoreland Uranium Project in Queensland.
The transaction, valued at approximately $15.5 million, includes $3.9 million in cash and $11.7 million in scrip. Boss will issue approximately 5.2 million fully paid ordinary shares. The deal is expected to be finalised within five business days.
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ASX Market Morning Update
March 12, 2025• Announcements, ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Politics, Sectors
Read More → Read More: ASX Market Morning UpdateASX Opens 1.2% Lower Amid Broad Market Sell-Off
The Australian share market opened lower, following global market trends. The ASX 200 dropped 1.2% to trade just below 7,800 points at 10:30 am AEDT.
Figure 1: ASX 200 over 12 months
Healthcare and...
Top 5 ASX Materials Companies Making Moves Today
March 12, 2025• Announcements, ASX, Daily News, Home Top Stories, Homepage, Investment News, Mining, Mining Information, Sectors
Read More → Read More: Top 5 ASX Materials Companies Making Moves TodayS&P/ASX 200 Materials Sector Update
The S&P/ASX 200 Materials Index faced a decline of 1.07%, closing at 16,150.1 points as of 12 pm AEDT. The sector has experienced volatility, reflecting shifts in commodity prices and broader market sentiment.
- Day High: 16,324.9
- Day Low: 16,115.5
- Previous Close: 16,324.9
- 52-Week Range: 15,381.2 – 19,001.6
- 1-Year Return: -6.96%
Despite the decline, some companies recorded strong gains. Battery material and gold producers have shown resilience, driven by increasing demand.These companies operate in mining, exploration, and material processing, contributing to Australia’s strong resources sector. Investors continue monitoring macroeconomic trends, commodity price fluctuations, and sector performance for future investment opportunities.
Five materials...
Ramelius Resources Unveils 10-Year Expansion Plan at Mt Magnet
March 11, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Ramelius Resources Unveils 10-Year Expansion Plan at Mt MagnetRamelius Resources (ASX:RMS) has announced a significant expansion of its Mt Magnet mining operation. The new 10-year plan aims to enhance production and extend mine life while maintaining competitive costs.
The Company projects consolidated annual gold production of 244,000 ounces from FY26 to FY35. The all-in sustaining cost (AISC) is expected to remain below A$2,100 per ounce.
Managing Director Mark Zeptner said, “The Mt Magnet hub continues to perform at its highest level of production and cashflow generation in FY25 with cost forecasts at an industry-leading AISC of A$1,600 per ounce for the next 2.5 years.”
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Top ASX 200 Materials Stocks Amid Market Volatility
March 11, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Top ASX 200 Materials Stocks Amid Market VolatilityThe 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 sector continues to showcase strong long-term fundamentals, driven by rising demand for gold, base metals, and critical minerals.
Several companies in the materials sector have demonstrated resilience, with strong stock performance and strategic project developments. Investors remain optimistic about the sector’s future, supported by ongoing exploration activities and global commodity demand.
This article examines the top five materials stocks on the ASX today, highlighting their business activities and market performance.
Magnetic Resources NL (ASX: MAU)
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Top Five ASX 200 Materials Companies Today
March 10, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Top Five ASX 200 Materials Companies TodayThe S&P/ASX 200 Materials Index (XMJ) showed positive momentum, rising 0.63% to 16,370.9 points as of 12pm AEDT. The index tracks 39 materials companies within the ASX 200, covering mining, forest products, and construction materials. It remains a key indicator of Australia’s resource sector performance.
The index reached a day high of 16,404.6 and a low of 16,228.7, reflecting steady market activity. Despite recent volatility, the...
Top Five ASX Materials Stocks Surge Amid Market Volatility
March 7, 2025• ASX, Australia, Daily News, Home Top Stories, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Top Five ASX Materials Stocks Surge Amid Market VolatilityTop ASX Materials Sector Faces Pressure
The S&P/ASX 200 Materials Index (ASX:XMJ) traded at 16,320 at 2:05 PM AEDT on 7 March. The index fell 0.61% during the session, extending its 1.97% decline over the past week. The materials sector continues to experience volatility, reflecting broader market movements.
Despite this decline, select stocks within the materials sector demonstrated resilience, with five companies recording significant gains. These include European Metals Holdings Ltd, Magnetic Resources NL, Petratherm Ltd,...
Lithium Market Poised for Recovery in 2025: Australia’s Key Role
March 6, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Lithium Market Poised for Recovery in 2025: Australia’s Key RoleGlobal Demand Expected to Surge
Global lithium consumption will increase by 26% in 2025, reaching 1.46 million tonnes. In 2024, consumption stood at 1.15 million tonnes, according to Benchmark Source.
Electric vehicle (EV) adoption and renewable energy projects will drive this growth. Lithium-ion batteries remain essential for these sectors.
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Top 5 ASX Materials Companies Surge Amid Market Fluctuations
March 6, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Top 5 ASX Materials Companies Surge Amid Market FluctuationsThe S&P/ASX 200 Materials Index (XMJ) recorded a marginal gain of 0.05% to 16,399.3 at 1:11 PM AEDT. The index fluctuated between a day high of 16,802.7 and a low of 16,338.7. Over the past year, the sector declined by 7.74%, reflecting broader market trends.
Several materials companies saw significant share price movements today, with five emerging as top performers.
Litchfield Minerals Ltd (ASX: LMS) Reports Sharp Share Price...
Top ASX Materials Stocks Surge as Market Sees Mixed Trends
March 5, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Top ASX Materials Stocks Surge as Market Sees Mixed TrendsASX Materials Index Shows Volatility
The S&P/ASX 200 Materials (XMJ) index recorded a decline of 0.16%, closing at 16,369.4 points. The index, which includes 39 companies from the materials sector, remains down 8.45% over the past year.
- Day High: 16,440.2
- Day Low: 16,352.2
- 52-Week Range: 15,381.2 – 19,001.6
- YTD 2025 Performance: +1.52%
Despite the overall decline, key companies in the sector demonstrated strong individual performances.
Industrial Minerals Ltd (IND) Gains 37.50%
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Newmont Sells Three Non-Core Assets for $1.7 Billion
March 4, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Newmont Sells Three Non-Core Assets for $1.7 BillionStrategic Divestments Strengthen Financial Position
Newmont Corporation (ASX:NEM) has completed the sale of three non-core assets. The Company announced the divestment of Musselwhite and Éléonore in Canada and Cripple Creek & Victor (CC&V) in the United States. These sales are part of its broader strategic portfolio optimisation.
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Top 5 Performing Materials Companies on the ASX Today
March 4, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Top 5 Performing Materials Companies on the ASX TodayThe S&P/ASX 200 Materials Index (XMJ) was at 16,255.6 points, down 1.52%. The index traded between 16,506.1 (high) and 16,239.1 (low) during the session. Over the past year, the sector has declined by 8.57%, reflecting challenges in the global commodities market. Despite this, the year-to-date (YTD) performance for 2025 remains positive at ...
SSR Mining to Delist from ASX Amid Low Trading Volumes
March 3, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: SSR Mining to Delist from ASX Amid Low Trading VolumesDenver-based gold producer shifts focus to North American markets
SSR Mining Inc. (Nasdaq/TSX: SSRM, ASX: SSR) has announced that it will voluntarily delist from The Australian Securities Exchange (ASX) after receiving formal approval. The Company expects the delisting to take effect on 8 April 2025, with the trading of its CHESS Depositary Interests (CDIs) on the ASX ceasing on 4 April 2025.
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Top 5 Materials Companies to Watch on the ASX Today
February 28, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Investment News, Latest News, Mining Information
Read More → Read More: Top 5 Materials Companies to Watch on the ASX TodayThe S&P/ASX 200 Materials Index (ASX:XMJ) tracks the top companies in Australia’s mining and materials sector. It includes 39 companies engaged in commodities, mining, and construction materials. The index is a key indicator of the resources sector’s performance.
Market Overview
- 1-Day Performance: -2.72%
- 1-Week Performance: -4.08%
- 1-Month Performance: -2.34%
- YTD 2025: +0.47%
- 1-Year Performance: -7.74%
Despite short-term declines, several ASX-listed materials companies continue to attract investor attention. Here are the top five materials stocks to watch today.
1. Gorilla Gold Mines Ltd (ASX:GG8)
ASX 200 Gains 27.50 Points as Eagers Automotive and Medibank Surge
February 27, 2025• ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors, Technology
Read More → Read More: ASX 200 Gains 27.50 Points as Eagers Automotive and Medibank SurgeThe 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 Medibank Private Limited (ASX: MPL) led the gains, climbing 19.92% and 9.95%, respectively. However, the index remained 4.03% below its 52-week high, reflecting broader market caution.
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Horizon Minerals Pours First Gold at Phillips Find Gold Project
February 26, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Horizon Minerals Pours First Gold at Phillips Find Gold ProjectHorizon Minerals Achieves Key Production Milestone
Horizon Minerals Limited (ASX:HRZ) has successfully poured its first gold bar from the Phillips Find Gold Project. The Company processed the first ore stockpile under a Toll Milling Agreement with FMR Investment Greenfields Mill. The gold pour marks a critical step in strategy to scale production across its Western Australian gold assets.
Gold Production at Phillips Find
The mining of the Newhaven and Newminster cutbacks is progressing at Phillips Find. The processing of the first stockpile of approximately 40,000 tonnes of ore commenced on 19 February 2025. The first gold pour occurred on 24 February 2025. The processing is expected to take two weeks.
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Newmont Reinforces Gold Dominance with Transformational 2024
February 24, 2025• Australia, Daily News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Newmont Reinforces Gold Dominance with Transformational 2024Newmont Corporation (ASX: NEM, NYSE: NEM, TSX: NGT, PNGX: NEM) maintained its position as the world’s leading gold producer in 2024. The Company delivered strong production results while executing a strategic transformation. By divesting non-core assets and consolidating its Tier 1 portfolio, Newmont strengthened its operational and financial foundation.
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Anglo American Reports $8.5 Billion EBITDA Amid Market Challenges
February 24, 2025• Announcements, Australia, Daily News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Anglo American Reports $8.5 Billion EBITDA Amid Market ChallengesAnglo American PLC has released its preliminary financial results for 2024, reporting an underlying EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) of $8.5 billion. Despite a 10% decline in the group basket price and lower production volumes, The Company maintained a stable EBITDA margin of 30%. The results reflect a strong focus on cost efficiency and operational stability amid challenging market conditions.
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Caprice Resources and Genesis Minerals: Strong Growth and Market Confidence
February 22, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Caprice Resources and Genesis Minerals: Strong Growth and Market ConfidenceCaprice Resources and Genesis Minerals have both reported significant developments that highlight their growth potential and financial strength. Caprice Resources announced high-grade gold discoveries at its Island Gold Project, while Genesis Minerals delivered strong financial results, reinforcing its position in the market. These updates reflect the ongoing expansion and investor confidence in Australia’s gold mining sector.
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ASX Gold Market Recovers Amid Global Economic Uncertainty
February 22, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: ASX Gold Market Recovers Amid Global Economic UncertaintyASX Ends the Week on a Positive Note
The Australian Securities Exchange (ASX) saw a recovery on Friday, closing out a volatile trading week. The S&P/ASX 200 index rose by 19.5 points, or 0.23%, reaching 8,342.3 points. Despite the gain, the index remains 3.17% below its 52-week high, reflecting recent market turbulence.
The materials sector led early trade, advancing 0.65% as it rebounded from a recent downturn. The gold market continued its upward trajectory, supported by increasing demand and a weaker US dollar.
Gold Prices Near Record Highs
Gold prices climbed 0.66% to AUD 4,463 per ounce, edging closer to their all-time highs. Investors maintained their preference for gold amid geopolitical tensions and...
Hancock Prospecting Breaches Advertising Code Over ‘Clean Gas’ Claim
February 21, 2025• ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Hancock Prospecting Breaches Advertising Code Over ‘Clean Gas’ ClaimRegulator Rules Hancock Prospecting’s Ad Misleading
Gina Rinehart’s Hancock Prospecting misled consumers by calling gas “clean” in a recruitment advertisement, the Ad Standards Community Panel ruled. The ruling followed a complaint against the company’s digital ad, which appeared in The Australian in October 2024.
The panel found that Hancock Prospecting’s ad breached the Australian Association of National Advertisers (AANA) Environmental Code. The regulator ruled that the ad’s wording gave the impression gas had no environmental impact, misleading consumers.
Advertising Standards Panel Decision
The advertisement featured the claim: “Our clean gas keeps the lights, and factories, hospitals, and shops open from Tokyo to Toowoomba.” The panel determined that the term “clean” in this context implied the energy source produced no emissions or environmental harm.
Also Read: ...
Wyloo Forms Yangibana Joint Venture with Hastings, Becomes Largest Shareholder in Neo Performance Materials
February 21, 2025• Announcements, Australia, Daily News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Wyloo Forms Yangibana Joint Venture with Hastings, Becomes Largest Shareholder in Neo Performance MaterialsWyloo has strengthened its position in the global rare earths sector through two major strategic moves. The company has entered into exclusive negotiations with Hastings Technology Metals Ltd (ASX:HAS) to form an Unincorporated Joint Venture (UJV) for the Yangibana Rare Earths and Niobium Project. In a parallel transaction, Wyloo has acquired a 19.99% stake in Neo Performance Materials Inc. (TSX:NEO), becoming its largest shareholder.
These developments position Wyloo as a major player in the rare earths supply chain, spanning mining, processing, and advanced manufacturing.
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ASX Market Sees Mixed Performance as Materials Sector Leads Gains
February 21, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: ASX Market Sees Mixed Performance as Materials Sector Leads GainsThe Australian Securities Exchange (ASX) experienced a mixed session, with declines in key indices and volatility across various sectors. The S&P/ASX 200, Australia’s benchmark stock index, closed at 8,292.7 points, down 0.36%. The All Ordinaries Index (XAO), which tracks the top 500 companies, also fell 0.37% to 8,569.8 points.
Market movements reflected investor sentiment across various industries. The materials sector led gains, while technology stocks struggled. Bank stocks also faced downward pressure, contributing to the overall market decline.
Materials Sector Emerges as the Day’s Best Performer
The S&P/ASX 200 Materials Index (XMJ) outperformed all other...
Deterra Royalties Reports AUD 64 Million Half-Year Profit Amid Market Shifts
February 20, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Deterra Royalties Reports AUD 64 Million Half-Year Profit Amid Market ShiftsDeterra Royalties delivered a strong financial performance in the first half of FY25. The company’s diversified revenue streams and disciplined financial management provide a solid foundation for sustainable growth.
Strong Performance Despite Market Volatility
Deterra Royalties Limited has reported a net profit after tax of AUD 64 million for the first half of the 2025 financial year. The company continues to deliver solid financial results despite fluctuations in global commodity prices. The latest financial update highlights Deterra’s ability to generate stable returns through its diversified royalty portfolio.
Deterra’s cornerstone asset, the Mining Area C...
Rio Tinto Updates Mineral Resources and Ore Reserves Across Key Projects
February 20, 2025• Australia, Daily News, Home Top Stories, Homepage, Interesting Reads, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Rio Tinto Updates Mineral Resources and Ore Reserves Across Key ProjectsRio Tinto has updated its Mineral Resources and Ore Reserves for several key projects as part of its 2024 annual reporting. The Company reported significant changes in its aluminium, copper, iron, and titanium operations. The updates reflect resource classification improvements, regulatory approvals, and technical advancements.
...
Terra Metals Confirms High-Grade Polymetallic Potential at Dante
February 19, 2025• Announcements, ASX, Australia, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors, Terra Metals, Top Stories, Top Story, Uncategorized
Read More → Read More: Terra Metals Confirms High-Grade Polymetallic Potential at DanteTerra Metals Limited (ASX: TM1) has delivered another major breakthrough at its Dante Project in Western Australia. The Company’s latest drilling program at Reef 1 North has extended the mineralised strike by an additional 1.2km, bringing the total to approximately 4.2km.
Managing Director and CEO Mr. Thomas Line stated, “These outstanding results further reinforce the scale and high-grade potential of Reef 1 North. Extending the strike by another 1.2km to a total of ~4.2km, while consistently intersecting high-grade titanium, copper, PGMs, and vanadium, underscores the significant polymetallic opportunity at...
SA Government Seizes Whyalla Steelworks Amid Financial Crisis
February 19, 2025• ASX, Australia, Daily News, Home Top Stories, Homepage, Infrastructure, Investment News, Latest News, Mining, Mining Information, Politics, Sectors, Technology
Read More → Read More: SA Government Seizes Whyalla Steelworks Amid Financial CrisisThe South Australian government has taken control of the Whyalla steelworks, forcing it into administration in an effort to secure the site’s future. The GFG Alliance, owned by British steel magnate Sanjeev Gupta, had struggled for months to meet its financial obligations, owing tens of millions of dollars to creditors and the government.
...
BHP’s Share Price Outlook Amid Transition: Copper Growth vs. Iron Ore Challenges
February 18, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: BHP’s Share Price Outlook Amid Transition: Copper Growth vs. Iron Ore ChallengesBHP, Australia’s largest miner, is undergoing a significant structural transformation, as it shifts focus from its iron ore operations to copper and potash. This transition, although planned for years under CEO Mike Henry and Chairman Ken MacKenzie, faces challenges due to waning demand for iron ore and rising competition in the global market. As Ross McEwan steps into the chair role next month, BHP is poised to face a critical period of adaptation.
Also Read: Caprice Resources Delivers Exceptional High-Grade Gold Results at Island Gold Project
BHP’s Market Performance
- Last Price: $40.97
- Change: +0.17 (+0.42%)
- One Week Change:...
Sinkhole Halts Tunnelling on $26 Billion North East Link Project
February 15, 2025• Australia, Daily News, Home Top Stories, Homepage, Infrastructure, Latest News, Mining, Mining Information, Sectors, Technology
Read More → Read More: Sinkhole Halts Tunnelling on $26 Billion North East Link ProjectA sinkhole has halted work on Melbourne’s massive $26.1 billion North East Link project. Engineers are investigating the cause while construction crews work to stabilise the site.
Sinkhole Disrupts North East Link Tunnelling
A tunnel boring machine moving towards Lower Plenty Road on Thursday night encountered a sinkhole, forcing immediate suspension of work. Authorities confirmed no injuries, but the incident raised concerns about project delays.
The sinkhole north east link site spans about one metre in diameter and plunges 18 metres deep. It appeared near an old army barracks, where tunnel boring machines are carving twin 6.5km tunnels between Watsonia and Bulleen.
...
Severe Cyclone Zelia Threatens Australia’s Iron Ore Hub: Port Hedland Braces for Impact
February 14, 2025• Australia, Daily News, Home Top Stories, Homepage, Infrastructure, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Severe Cyclone Zelia Threatens Australia’s Iron Ore Hub: Port Hedland Braces for ImpactAustralia’s iron ore hub is on high alert as Severe Tropical Cyclone Zelia approaches the Pilbara region. The cyclone, which is forecast to make landfall on Friday, is expected to bring destructive winds, heavy rain, and widespread flooding to the area. With vital infrastructure, ports, and mines in the path of the storm, the situation is serious for both residents and the region’s iron ore operations.
Also Read: Cyclone Zelia to Hit Western Australia with Winds Up to 290 km/h
Cyclone Zelia: A Category 5 Threat to the Pilbara Region
Cyclone Zelia is rapidly intensifying as it moves toward the Pilbara coast. According to the Bureau of Meteorology, the storm is expected to make landfall just east of Port Hedland between 3 pm and 4 pm, bringing with it wind gusts of up to 290 km/h....
Caprice Resources Delivers Exceptional High-Grade Gold Results at Island Gold Project
February 12, 2025• Announcements, ASX, Australia, Caprice Resources Limited, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors, Top Stories, Top Story
Read More → Read More: Caprice Resources Delivers Exceptional High-Grade Gold Results at Island Gold ProjectCaprice Resources Ltd (ASX: CRS) has reported outstanding high-grade gold results from its Phase 1 Reverse Circulation (RC) drill programme at the Island Gold Project. The drilling confirmed multiple thick, high-grade gold lodes along a 5km strike, reinforcing the project’s potential to host a substantial maiden resource. Caprice Resources Ltd has recently garnered significant attention following a surge in its stock price. As of today, the stock price stands at A$0.053, marking an impressive increase of $0.026 (or, 103.85%), with a market capitalisation of ...
Polymetals Raises $35 Million to Restart Endeavor Silver-Zinc Mine
February 10, 2025• Announcements, Australia, Daily News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Polymetals Raises $35 Million to Restart Endeavor Silver-Zinc MinePolymetals Resources Ltd (ASX: POL) has raised $35 million in a strategic move to fund the restart of the Endeavor silver-zinc mine. The company has issued 43.75 million new shares at $0.80 each, following strong support from existing and new investors. The funds will help Polymetals transition towards its first silver and zinc production, expected in Q2 2025.
...
Astral Resources and Maximus Resources to Merge in $31 Million Takeover
February 3, 2025• Announcements, Astral Resources, ASX, Australia, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors, Top Stories, Top Story
Read More → Read More: Astral Resources and Maximus Resources to Merge in $31 Million TakeoverAstral Resources NL (ASX: AAR) has announced a merger with Maximus Resources Limited (ASX: MXR) through an off-market takeover offer. This deal will create a leading Western Australian gold developer with a combined Mineral Resource base of approximately 1.8Moz.
The transaction values Maximus at $31 million, offering a 61% premium to its last undisturbed closing price. The Maximus Board has unanimously recommended the offer in the absence of a superior proposal.
...
Australia’s Stock Market Sinks Amidst Growing Trade War Tensions: FULL DETAILS
February 3, 2025• ASX, Australia, Daily News, Energy, Home Top Stories, Homepage, Infrastructure, Investment News, Latest News, Mining, Mining Information, News, Political News, Sectors, Technology, Trending News
Read More → Read More: Australia’s Stock Market Sinks Amidst Growing Trade War Tensions: FULL DETAILSThe 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 after the index reached a new 52-week high. The worst-performing stocks include Westgold Resources Limited, down 12.40%, and Fisher & Paykel Healthcare Corporation Limited, down 7.25%. Although the index has lost 0.35% in the past five days, it still sits 2.19% below its 52-week high.
Figure 1: ASX Performance on February 3rd, 2025
Australia Stock Sector Performance
The performance across all 11 ASX sectors has been largely negative, reflecting a broader market downturn:
- Energy: -0.98%
- Telecommunications: -0.99%
- Real Estate: -1.43%
- Staples:...
Terra Metals Delivers Strong December Quarter Results
February 1, 2025• Announcements, Australia, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Sectors, Terra Metals, Top Stories, Top Story
Read More → Read More: Terra Metals Delivers Strong December Quarter ResultsTerra Metals Limited (ASX: TM1) (“Terra Metals” or “the Company”) has reported a highly productive December 2024 quarter, showcasing impressive drilling results and strategic expansion at the Dante Project in Western Australia. These results has had a significant positive impact on the Company’s stock, with the price increasing by over 5% today and a remarkable 56.52% growth over the past month.
The Company completed extensive drilling campaigns, delivering high-grade titanium, copper, platinum group metals (PGMs), and vanadium over a 2.5km strike. Additionally, it secured an option over a contiguous tenement package covering 618km², reinforcing its commitment to unlocking the full potential of the Dante Project.
...
Caprice Resources: December 2024 Quarterly Activities Report
February 1, 2025• Announcements, ASX, Australia, Caprice Resources Limited, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Most Popular, Sectors, Top Stories, Top Story
Read More → Read More: Caprice Resources: December 2024 Quarterly Activities ReportCaprice Resources Ltd (ASX: CRS) (“Caprice” or “the Company”) continues to progress its exploration efforts in Western Australia’s Murchison Goldfields and the West Arunta region. The Company remains focused on developing high-potential gold, copper, and niobium assets. During the December 2024 quarter, Caprice reported significant advancements in both its gold exploration projects and its West Arunta greenfield initiatives.
Revised Strategy with a Focus on Gold
Following an extensive portfolio review, Caprice has outlined a strategy that prioritises gold exploration in the Murchison Goldfields. At the...
Carbonxt Delivers Strong December 2024 Quarter with Key Milestones
January 31, 2025• Announcements, ASX, Australia, Carbonxt, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors, Top Stories, Top Story, Uncategorized
Read More → Read More: Carbonxt Delivers Strong December 2024 Quarter with Key MilestonesCarbonxt Group Ltd (ASX: CG1) (“Carbonxt” or “the Company”) has made solid progress in the December 2024 quarter, achieving major operational milestones and strengthening its financial position. The completion of the Kentucky facility, a successful capital raise, and strong Powdered Activated Carbon (PAC) sales set the stage for a promising 2025.
Kentucky Facility Reaches Mechanical Completion
On 18 December 2024, Carbonxt completed all mechanical works at its Kentucky activated carbon plant. This milestone positions the Company to ramp up production and meet rising demand across multiple industries. The Kentucky facility strengthens Carbonxt’s presence in the...
Astral Resources Advances Mandilla Gold Project with Exceptional Drilling Results
January 31, 2025• Announcements, Astral Resources, ASX, Australia, Daily News, Featured Business News, Home Top Stories, Homepage, Mining, Mining Information, Top Stories, Top Story
Read More → Read More: Astral Resources Advances Mandilla Gold Project with Exceptional Drilling ResultsAstral Resources NL (ASX: AAR) continues to solidify its position as a rising star in the Australian gold sector with exceptional drilling results at its flagship Mandilla Gold Project, located near Kalgoorlie, Western Australia. The latest assays from diamond and reverse circulation (RC) drilling at the Theia and Eos deposits reinforce the project’s strong growth potential as the company moves closer to completing a Pre-Feasibility Study (PFS) by mid-2025.
Highlights of Recent Drilling Program
The Mandilla Gold Project is located in the northern Widgiemooltha greenstone belt, about 70 kilometers south of Kalgoorlie, Western Australia, a prominent mining hub. This region is home to world-class deposits such as Northern Star Resources’ Golden Mile Super Pit (ASX: NST), Gold Fields’ St Ives Gold Mine (ASX: GFI) near Kambalda, and Westgold...
Astral Resources Quarterly Update: Strong Performance and Gold Price Gains
January 31, 2025• Announcements, Astral Resources, Australia, Company, Daily News, Featured Business News, Home Top Stories, Homepage, Latest News, Mining, Mining Information, Sectors, Top Story
Read More → Read More: Astral Resources Quarterly Update: Strong Performance and Gold Price GainsAstral Resources NL (ASX: AAR) (“Astral” or “the Company”) has provided an update on its activities for the quarter ending December 31st 2024. The announcement covers developments at its key projects, including the Mandilla Gold Project and Feysville Gold Project, alongside corporate initiatives.
Mandilla Gold Project Progress
The Mandilla Gold Project is strategically located within the northern Widgiemooltha greenstone belt, approximately 70 kilometres south of Kalgoorlie, a prominent mining hub in Western Australia. This area is renowned for hosting world-class gold deposits, such as the Golden Mile Super Pit, managed by ...
Terra Metals Expands Dante Project with Strategic Acquisition Option
January 29, 2025• Announcements, Company, Daily News, Featured Business News, Homepage, Mining, Mining Information, Sectors, Terra Metals, Trending News
Read More → Read More: Terra Metals Expands Dante Project with Strategic Acquisition OptionTerra Metals Limited (ASX: TM1) (“Terra Metals” or “the Company”) has taken a bold step in solidifying its presence in the West Musgrave region. The company announced that it has entered into an option agreement to acquire 100% of HRM Exploration Pty Ltd (“HRM”). HRM holds four exploration licences covering 618 km², which are contiguous with Terra’s flagship Dante copper-gold-platinum group metal-titanium-vanadium (“Cu-Au-PGM-Ti-V”) project in Western Australia.
This acquisition will significantly strengthen Terra’s already substantial position in the highly prospective Jameson Layered Intrusion, a geological setting analogous to South Africa’s Bushveld Province. The binding term sheet, executed between Terra, HRM, and HRM’s sole...
ASX 200 Sees Gains Following Trump’s China Comments and Surge of Premier Investments and Monadelphous
January 24, 2025• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Investment News, Latest News, Mining, Mining Information, Politics, Sectors, Technology
Read More → Read More: ASX 200 Sees Gains Following Trump’s China Comments and Surge of Premier Investments and MonadelphousMarket Overview
The S&P/ASX200 index is up today, Following Trump’s China Comments gaining 29.50 points, or 0.35%, to reach 8,408.20 as of 24 January, 4:01 pm AEDT. The index has posted a 1.18% gain over the past five days, but it remains 1.25% off its 52-week high. This upward movement follows positive sentiment from Wall Street, where the S&P 500 set a record closing high.
Figure 1: ...
WA’s Bauxite Mining: The Clash Between Economic Growth and Environmental Protection
January 23, 2025• Australia, Daily News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: WA’s Bauxite Mining: The Clash Between Economic Growth and Environmental ProtectionIntroduction
Bauxite mining in Western Australia (WA) has become a battleground for competing interests. As the state approaches the March 2025 state election, a heated debate rages between the Greens, who push for a ban on bauxite mining in native forests, and WA Labor, which defends the industry as essential to economic growth and the clean energy transition. The future of WA’s bauxite mining industry will shape both the state’s economy and its environmental legacy.
The Greens’ Bold Proposal
The Greens have introduced a comprehensive plan to end bauxite mining in WA’s native forests. They propose banning all new mining activities and gradually phasing out existing operations over the next decade. The party aims to protect the state’s rich biodiversity and water resources, especially in the precious South West forests.
Greens WA Forest Spokesperson ...
Dundas Minerals Hits High-Grade Gold at Rockland, Boosting Stock Performance
January 21, 2025• Announcements, Australia, Daily News, Homepage, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Dundas Minerals Hits High-Grade Gold at Rockland, Boosting Stock PerformanceDundas Minerals Ltd (ASX: DUN) has seen strong performance in the stock market, with its share price increasing by 21.21% to $0.04 as of 21 January 2025. Over the past month, the company’s shares have risen by 17.65%, and its year-to-date performance stands at 14.29%. This upward trend reflects growing investor confidence in Dundas Minerals, driven by positive developments in its exploration projects.
Also Read: Australia’s Lithium Mining Landscape Amid Global Trends: A Resilient Sector
Key Assay Results at Rockland
The latest ...
Commonwealth Boosts Investment ($200 million) in Rare Earth Mining Project Backed by Gina Rinehart
January 15, 2025• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Infrastructure, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Commonwealth Boosts Investment ($200 million) in Rare Earth Mining Project Backed by Gina RinehartThe Australian government is injecting an additional $200 million into Arafura Rare Earths, advancing the development of a key mining project in the Northern Territory. This funding, announced in mid-January 2025, brings the total taxpayer investment in the project to over $1 billion. The National Reconstruction Fund (NRF) will purchase an equity stake in Arafura’s planned mining and processing facility, located 135km north of Alice Springs.
Strategic Investment in Critical Minerals
The latest $200 million investment follows previous support of up to $840 million in loans and...
Australia’s Lithium Mining Landscape Amid Global Trends: A Resilient Sector
January 10, 2025• ASX, Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News, United Kingdom, USA
Read More → Read More: Australia’s Lithium Mining Landscape Amid Global Trends: A Resilient SectorIntroduction: Today’s Market Gains and Challenges
Australia’s mining sector has shown some positive momentum today, with materials leading the charge. At the close of trading on January 10, 2025 (AEDT), the materials sector saw a notable gain of 0.96%. This follows a broader trend of fluctuations across various ASX sectors. Despite this daily gain, the sector has faced a turbulent period, with long-term pressures impacting lithium miners.
...
ASX Gains while Australian Dollar Struggles Near Two-Year Low
January 3, 2025• ASX, Australia, Biotechnology, Daily News, Energy, Home Top Stories, Homepage, Infrastructure, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX Gains while Australian Dollar Struggles Near Two-Year LowThe 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 uptick, the index remains 3.01% below its 52-week high. Leading the charge within the index were Deep Yellow Limited and Paladin Energy Ltd, which saw significant gains of 8.80% and 7.10%, respectively.
Though today’s performance marks an improvement, the broader picture over the last five days shows little change for the index, indicating a period of relative stability. However, concerns over the Australian dollar’s ongoing weakness cast a shadow over the overall market mood.
...
ASX Ends 2024 on a Low Note Despite Yearly Gains
December 31, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Home Top Stories, Homepage, Infrastructure, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX Ends 2024 on a Low Note Despite Yearly GainsThe 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 of overall gains for the Australian share market. Despite Tuesday’s loss, the index posted an annual gain of about 7.5%, reflecting the resilience of the market throughout the year.
...
Challenger Gold Secures $11 Million Financing for Casposo Plant
December 27, 2024• ASX, Australia, Canada, Daily News, Greenland, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News, United Kingdom, USA
Read More → Read More: Challenger Gold Secures $11 Million Financing for Casposo PlantChallenger Gold obtains financing for refurbishment
Challenger Gold (ASX: CEL) has secured US$7 million ($11.2 million) in financing to refurbish the Casposo plant. The funding will support toll milling material from the company’s Hualilan Project in Argentina.
Austral Gold’s (ASX: AGD) subsidiary, Casposo Argentina Mining, secured the loan from Banco San Juan. Challenger Gold confirmed the funds would refurbish the plant, aligning with a binding memorandum of understanding to process mineralised material from Hualilan.
Also Read: Caprice Resources Hits Visible Gold at WA Project, Expands Drilling Efforts
Loan details and allocation of funds
The financing agreement features an 8% annual interest rate and a 24-month term from the loan disbursements. Each disbursement includes a six-month grace period.
The...
Carbonxt Kentucky Plant Completion Sets Stage for North American Growth and Market Leadership
December 18, 2024• Announcements, ASX, Australia, Daily News, Featured Business News, Homepage, Mining
Read More → Read More: Carbonxt Kentucky Plant Completion Sets Stage for North American Growth and Market LeadershipCarbonxt Group Limited (ASX: CG1) (“Carbonxt” or “the Company”), a US-focused Cleantech company, announced the mechanical completion of its advanced activated carbon production plant in Kentucky. This milestone marks a significant step towards expanding production capacity to meet increasing demand across North America.
...
Fenix Resources Expands Iron Ore Portfolio with Key Acquisitions
December 18, 2024• Announcements, ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Fenix Resources Expands Iron Ore Portfolio with Key AcquisitionsFenix Resources is making strides to strengthen its iron ore footprint in Western Australia’s Weld Range region. The miner has announced the acquisition of two significant tenements, including Spartan Resources’ historic Beebynganna Hills project. These assets align with Fenix’s goal of increasing production and enhancing its regional presence.
Also Read: Astral Resources Reports Strong Gold Results at Mandilla’s Iris Deposit
Key Acquisitions to Bolster Regional Growth
Fenix Resources now owns the Beebynganna Hills project and an exploration tenement near the Beebyn-W11 mine. The exploration project is awaiting funding approval. Both tenements are strategically located near Fenix’s flagship Iron Ridge mine, which has delivered consistent results since production began in 2020.
John Welborn,...
Australian Federal Budget Faces $100 Billion Hit from Declining Mining Earnings
December 16, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Home Top Stories, Homepage, Infrastructure, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: Australian Federal Budget Faces $100 Billion Hit from Declining Mining EarningsAustralia’s federal budget is poised for a significant downgrade, driven primarily by a sharp decline in mining sector returns. Federal Treasurer Jim Chalmers will soon announce a mid-year economic update reflecting a drop in mining earnings exceeding $100 billion. This comes as China’s faltering construction sector and a steep decline in commodity prices weigh heavily on the nation’s export earnings.
...
DigiCo ASX Debut Amid ASX200 Decline Led by Miners
December 13, 2024• ASX, Australia, Biotechnology, Canada, Daily News, Energy, Greenland, Home Top Stories, Homepage, Infrastructure, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News, United Kingdom, USA
Read More → Read More: DigiCo ASX Debut Amid ASX200 Decline Led by MinersAustralian 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 AEDT. Miners led the decline, mirroring weak Wall Street performance, as investors recalibrated expectations regarding interest rates.
...
Rio Tinto Expands Rincon Lithium Project with $2.5 Billion Investment
December 13, 2024• ASX, Australia, Daily News, Home Top Stories, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Rio Tinto Expands Rincon Lithium Project with $2.5 Billion InvestmentRio Tinto’s Commitment to Lithium Development
Rio Tinto has committed $2.5 billion to expand its Rincon lithium project in Argentina. This marks the company’s first commercial-scale lithium operation. The investment demonstrates Rio Tinto’s focus on becoming a leading player in battery materials.
The Rincon project is set to increase its capacity to produce 60,000 tonnes of battery-grade lithium carbonate annually. The project includes a 3,000-tonne starter plant and a 57,000-tonne expansion plant.
Timeline and Economic Impact
Rincon has an estimated mine life of 40 years. Construction of the expanded plant is scheduled to begin in mid-2025, subject to necessary permits. First production is expected by 2028, with a three-year ramp-up to full capacity.
The expansion will generate significant job opportunities and boost local businesses, contributing to Argentina’s economic growth.
Chief Executive’s Vision
Rio Tinto...
Qantas Engineers Strike Action Causes Minimal Disruptions Despite Pay Dispute
December 13, 2024• ASX, Australia, Biotechnology, Canada, Daily News, Energy, Greenland, Home Top Stories, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News, United Kingdom, USA
Read More → Read More: Qantas Engineers Strike Action Causes Minimal Disruptions Despite Pay DisputeThe ongoing Qantas engineers strike has made headlines as hundreds of engineers across Australia walked off the job. However, disruptions at major airports have remained minimal as Qantas implements contingency measures. The industrial action stems from failed negotiations over a pay dispute with unions representing engineers.
Engineers Walk Off the Job Over Pay Dispute
Approximately 500 engineers at Sydney, Melbourne, Brisbane, Adelaide, and Perth airports began their strike at 3:30 am on Friday. The Qantas engineers strike is set to continue until 7:30 am on Saturday.
Unions, including the Australian Workers Union (AWU), Australian Manufacturing Workers Union (AMWU), and the Electrical Trades Union (ETU), are demanding a 15% upfront pay rise and a 5% annual increase. Qantas, however, has only offered a...
Emissions from Australia’s Mining Industry: Is Decarbonisation Really Possible?
December 9, 2024• ASX, Australia, Daily News, Home Top Stories, Homepage, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: 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 equivalent (CO2e) emissions in 2022. This accounts for 23% of the country’s total emissions, according to the Climate Change Authority (CCA). Fugitive emissions from coal mines (mostly underground) were the largest contributor, responsible for 25% of the sector’s emissions. Diesel fuel combustion at mines, primarily linked to haulage fleets and equipment, accounted for 20% of emissions. On-site power usage across mining and O&G operations accounted for 11%. Decarbonising the sector will require widespread electrification and deployment of fugitive abatement technologies in oil, gas, and coal mining, the CCA states.
Australian Mining Companies’ Emission Reduction Efforts
Many Australian mining companies are moving quickly to cut emissions, setting 2050 as the target year for achieving net-zero carbon emissions....
The Battle for Control of New Zealand’s Historic Reefton Goldfield
December 7, 2024• ASX, Australia, Daily News, Home Top Stories, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News, TSX
Read More → Read More: The Battle for Control of New Zealand’s Historic Reefton GoldfieldNew Zealand’s new government has introduced a fast-track approvals Bill for infrastructure and mining projects, significantly reducing permitting time from two years to six months. This change has sparked a revival of exploration activity in a country that once experienced a gold rush comparable to California’s.
The Impact of Regulatory Changes
Under the previous government, exploration in New Zealand was effectively halted when former Prime Minister Jacinda Ardern implemented a ‘no new mines’ policy in 2017. The new government’s shift in approach has opened the door to modern mining prospects, with Reefton Goldfield on the South Island emerging as a prime target.
RUA Gold (TSXV: RUA) is at the forefront of this resurgence, having acquired Reefton Resources, a subsidiary of Siren Gold (ASX:SNG), for ...
Driving Decarbonisation: Epiroc’s Role in Electrifying Australian Mining
December 6, 2024• ASX, Australia, Daily News, Home Top Stories, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Driving Decarbonisation: Epiroc’s Role in Electrifying Australian MiningThe Australian mining industry is facing a significant push towards electrification, driven by environmental regulations and growing demands for sustainability. As part of the Federal Government’s reformed Safeguard Mechanism, mining companies emitting more than 100,000 tonnes of CO2-equivalent per year must buy Australian carbon credit units (ACCUs) to offset their carbon footprint. The cost of these credits is set to rise, placing additional pressure on the industry to reduce emissions.
To meet these challenges, mining companies are turning to electrification. Companies like Epiroc are at the forefront, offering innovative solutions to support the decarbonisation of Australian mining. Through electrification, mining operations can not only reduce their carbon emissions but also improve productivity and safety.
Epiroc’s Electrification Solutions
Epiroc’s electrification offerings are designed to meet the evolving needs of the mining...
ASX Faces a Downturn Amid Wall Street Retreat and Sector Weakness
December 6, 2024• ASX, Australia, Biotechnology, Crypto, Daily News, Energy, Home Top Stories, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX Faces a Downturn Amid Wall Street Retreat and Sector WeaknessThe Australian Securities Exchange (ASX) is experiencing a decline today, with the S&P/ASX200 dropping 43.60 points, or 0.51%, to 8,431.30, as of 1:53 pm AEDT. This downward movement comes after a retreat on Wall Street, which has weighed heavily on market sentiment. While the index has remained relatively flat over the past five days, it is currently 0.98% below its 52-week high, reflecting the broader caution in global markets.
Iluka Resources and Magellan Financial Lead Declines
The biggest losers in the ASX200 today are Iluka Resources Limited (ILU) and Magellan Financial Group Limited (MFG). Iluka Resources, which has been at the forefront of the Australian mining and resources sector, saw its share price drop by 13.50%. Magellan Financial Group, known for its asset management services, saw a 6.53% decline.
Despite a promising announcement from Iluka, the market did not respond favourably. The company recently secured an additional $400 million in...
Rio Tinto Eyes Copper Boom Amid Global Energy Transition
December 5, 2024• A-popular blogs, ASX, Australia, Canada, Daily News, Greenland, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News, United Kingdom, USA
Read More → Read More: Rio Tinto Eyes Copper Boom Amid Global Energy TransitionRio Tinto to Pivot Towards Critical Minerals
Rio Tinto plans to significantly increase its copper output by 2030 as part of its strategy to lead in energy transition minerals. Speaking at the 2024 Investor Seminar in London, CEO Jakob Stausholm emphasised the company’s shift from iron ore to critical minerals.
Stausholm stated, “We have all the building blocks we need to become a global leader in energy transition materials.”
Copper: A Key Growth Driver
Rio Tinto’s copper production is expected to rise by 18% in 2025, reaching approximately 850,000 tonnes. By 2030, the company aims to produce around one million tonnes annually.
The Oyu Tolgoi mine in Mongolia is central to this growth. Production at this site is...
Rio Tinto and Sumitomo Join Forces to Advance Winu Project
December 4, 2024• Australia, Daily News, Homepage, Interesting Reads, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Rio Tinto and Sumitomo Join Forces to Advance Winu ProjectRio Tinto (ASX:RIO) has partnered with Sumitomo Metal Mining (TYO:5713) to jointly develop the Winu Copper-Gold Project in Western Australia.
The companies signed a term sheet outlining the framework for a joint venture, with definitive agreements expected next year. Rio Tinto will manage and operate Winu, while Sumitomo secures a 30% stake.
Sumitomo’s Stake and Investment
Sumitomo will pay Rio Tinto $399 million for its share in the Winu Project. The payment includes $195 million upfront, with $204 million deferred and tied to specific milestones. Both companies aim to finalise agreements for the joint venture in the first half of...
Australia’s Economy Records Slow Growth in September Quarter
December 4, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: Australia’s Economy Records Slow Growth in September QuarterThe Australian economy grew by 0.3% in the September quarter 2024, marking its twelfth consecutive quarter of growth. According to the Australian Bureau of Statistics (ABS), annual growth reached 0.8%, reflecting a slowdown since September 2023.
Public Sector Drives Growth
Public sector expenditure played a pivotal role in the September quarter’s growth. Government consumption and public investment significantly contributed to the increase.
Public investment rose by 6.3%, reaching the highest level on record. This growth followed three consecutive quarters of decline. General government investment increased by 6%, driven by defence equipment imports and investments in hospitals and roads. State and local public corporations boosted their investment by 8.8%, primarily in renewable energy and...
IMARC 2024: A Landmark Event for Global Mining and Resources
December 2, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: IMARC 2024: A Landmark Event for Global Mining and ResourcesClose to 10,000 delegates filled Sydney’s ICC during the International Mining and Resources Conference and Expo (IMARC) 2024. The event demonstrated mining’s global impact, fostering advancements and collaboration.
This year’s conference exceeded expectations, solidifying its position as a premier platform for the mining and resources sector worldwide.
Unprecedented Participation and Key Addresses
IMARC 2024 welcomed over 9000 delegates, 600 speakers, 800 mining companies, and 500 exhibitors. This turnout highlighted the conference’s reputation as a must-attend event.
Federal Minister for Resources Madeleine King and NSW Minister...
China Unearths World’s Largest Gold Deposit Worth $83 Billion
November 30, 2024• Australia, Canada, Daily News, Greenland, Homepage, Infrastructure, Interesting Reads, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News, United Kingdom, USA
Read More → Read More: China Unearths World’s Largest Gold Deposit Worth $83 BillionChina has unearthed a massive gold deposit in Hunan Province, containing an estimated 1,000 metric tons of gold. Valued at US$83 billion, the find could be the largest known deposit of its kind globally. The announcement has already influenced gold markets, with prices climbing due to increased demand.
...
Celebrating Excellence: Highlights from the 2024 Prospect Awards
November 29, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: Celebrating Excellence: Highlights from the 2024 Prospect AwardsThe 2024 Prospect Awards brought together the mining sector’s finest at the WA Mining Conference and Exhibition. For the first time, the prestigious event showcased groundbreaking achievements in mining across multiple categories. Here’s a detailed look at the winners celebrated for their contributions to the industry.
Discovery of the Year: IGO’s Dogleg Prospect
The Discovery of the Year award recognised IGO’s high-grade nickel-copper-cobalt discovery at the Dogleg prospect in Western Australia.
Situated within the Quick Shears tenements, this discovery targeted Nova-style magmatic nickel-copper sulphide mineralisation. The team drilled the first diamond hole in November 2023, guided by detailed aeromagnetic data and ground electromagnetic surveys.
Assay results revealed high-grade...
Australian Black Friday Sales Set to Break Records
November 29, 2024• Australia, Daily News, Homepage, Interesting Reads, Latest News, Mining Information, Sectors, Technology
Read More → Read More: Australian Black Friday Sales Set to Break RecordsAustralian shoppers are gearing up for a record-breaking Black Friday and Cyber Monday shopping spree. According to Roy Morgan research, Australians are expected to spend $6.7 billion during the four-day sales event. This marks a 5.5% increase from last year, highlighting the growing popularity of Black Friday over traditional Boxing Day sales.
End-of-Year Sales Drive Spending
The Black Friday period contributes to an estimated $69.7 billion retail boost in the six weeks leading to Christmas. This is a 2.7% rise compared to 2023, demonstrating the resilience of consumer spending despite economic challenges.
Paul Zahra, CEO of the Australian Retailers Association, said shoppers are becoming savvier.
“Shoppers are being savvier than ever with their dollars,” Zahra said. “They’re looking for the...
Banks and Healthcare Stocks Propel ASX to New Highs; IAG Shares Surge on $855m Deal
November 28, 2024• ASX, Australia, Biotechnology, Canada, Daily News, Energy, Greenland, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News, United Kingdom, USA
Read More → Read More: Banks and Healthcare Stocks Propel ASX to New Highs; IAG Shares Surge on $855m DealThe Australian stock market extended its upward momentum on Thursday, with the S&P/ASX200 index gaining 59.20 points or 0.70%. The index was at 8,465.90 as of 3:30 pm AEDT, bolstered by strong performances in healthcare, finance, and utilities sectors. Over the past week, the index has risen 1.72%, now sitting just 0.13% below its 52-week high.
Top Performers on the ASX
Pro Medicus Limited led gains on the ASX200, surging 8.04%. Sigma Healthcare Limited followed closely, rising 6.48%. Energy Resources of Australia was the day’s standout performer, climbing 50% to $0.003. Imricor Medical Systems also jumped 11.22%, while Alliance Aviation Services gained 7.66%.
Sectoral Strength Drives ASX Gains
Ten out of eleven sectors advanced, with healthcare topping the leaderboard, gaining 1.93%. Financials rose 1.06%, while utilities increased 0.92%. Consumer staples, real...
RBA Unlikely to Cut Interest Rates Despite Inflation Drop
November 27, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: RBA Unlikely to Cut Interest Rates Despite Inflation DropThe Reserve Bank of Australia (RBA) appears unlikely to lower interest rates in 2024, despite annual inflation falling to its lowest level in over three years. October’s Consumer Price Index (CPI) data, released by the Australian Bureau of Statistics (ABS), indicates a steady inflation rate of 2.1 per cent.
Inflation at Lowest Level Since 2021
Australia’s inflation rate of 2.1 per cent in October marks the lowest annual increase since July 2021. Falling electricity prices and government subsidies contributed to this drop.
“Electricity prices were down a whopping 35.6 per cent year-on-year in October,” noted Marcel Thieliant of Capital Economics. The decline stems from $300 rebates provided by the federal government, which were supplemented by some states.
Petrol prices also eased, further lowering the CPI. However, rising costs in other areas, such as food and recreational activities, offset these declines.
Underlying Inflation...
Anglo American Exits Australian Coal with $5.8 Billion Deal
November 26, 2024• Announcements, ASX, Australia, Canada, Daily News, Greenland, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News, United Kingdom, USA
Read More → Read More: Anglo American Exits Australian Coal with $5.8 Billion DealKey Transaction with Peabody Energy
Anglo American has announced the sale of its remaining Australian steelmaking coal mines to US-based Peabody Energy. The deal, valued at $5.8 billion, is part of Anglo’s strategic shift towards focusing on copper, premium iron ore, and crop nutrients. The transaction also includes a $690.7 million contingent payment linked to the reopening of the Grosvenor mine.
The assets sold include:
- 51% interest in Dawson Complex
- 50% interest in Moranbah South joint venture
- 70% interest in Capcoal joint venture
- 36% interest in Roper Creek joint venture
- 88% interest in Moranbah North joint venture
Peabody has already secured a buyer for Dawson Complex. Delta Dunia Group’s subsidiary, BUMA International, will acquire the asset for $455 million.
Anglo’s...
Mining and Energy Unite: AIMEX 2025 Moves to South Australia
November 22, 2024• ASX, Australia, Daily News, Energy, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Mining and Energy Unite: AIMEX 2025 Moves to South AustraliaMining and Energy Unite: AIMEX 2025 Moves to South Australia
In September 2025, the Asia-Pacific International Mining Exhibition (AIMEX) will relocate to South Australia for the first time in its history. This strategic move signifies a new chapter for the event and showcases South Australia’s leadership in sustainable mining and renewable energy innovation.
AIMEX’s Historic Move
AIMEX is Australia’s longest-running mining event, renowned for supporting the latest industry developments. After a strong bid from the South Australian Government, AIMEX will now call South Australia home for the next decade. This relocation highlights South Australia’s growing prominence in critical mineral exploration and sustainable mining practices.
South Australia is at the forefront of global energy transition, with its vast resources of critical minerals such as copper, zircon, and green iron. These minerals are essential for technologies driving...
Resolute Mining to Pay $246 Million to Mali for CEO and Executives’ Release
November 19, 2024• ASX, Australia, Daily News, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Resolute Mining to Pay $246 Million to Mali for CEO and Executives’ ReleaseAustralian Gold Miner Faces Tax Dispute Detention
Resolute Mining, an Australian gold mining company, has agreed to pay $US160 million ($AU246 million) to the Malian government. This payment aims to secure the release of its CEO, Terence Holohan, and two employees detained in Mali’s capital, Bamako, on 8 November.
The detention followed a meeting between Resolute executives and Mali’s government officials regarding unresolved claims. The detained executives, all British citizens, include CEO Holohan, who has extensive experience in international mining operations.
Resolute Resolves Tax and Business Disputes
Resolute Mining announced on Monday that the agreement settles all claims against the company in Mali. These include disputes related to tax, customs levies, and the management of offshore accounts.
The company has made an initial payment of $US80 million from its cash reserves. Another $US80 million will follow in the coming...
BHP Warns Australian Mining of Growing Low-Cost Competition
November 18, 2024• ASX, Australia, Canada, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: BHP Warns Australian Mining of Growing Low-Cost CompetitionBHP President Highlights New Market Challenges
BHP Group’s Australia President, Geraldine Slattery, has raised concerns about the nation’s mining sector. In a speech delivered in Brisbane, she stated that Australia is not adequately prepared for competition from low-cost rivals.
BHP’s Australia President, Geraldine Slattery, stated on Monday in Brisbane that the surge in demand from China’s industrialisation has moved beyond its phase of rapid growth. The mining giant and competitor Rio Tinto have noted a plateau in Chinese steel demand. This shift signals a significant challenge for Australia’s traditional mining export markets.
Nickel Market Faces Pressure
Nickel has dropped by USD 878 per metric tonne, or 5.36%, since the start of 2024, based on trading in a...
Exploration Spending to Stay Flat Despite Trump Pledges and Strong Gold Prices, S&P Says
November 15, 2024• Australia, Daily News, Homepage, Interesting Reads, Latest News, Mining, Mining Information, News, Sectors, Trending News, United Kingdom
Read More → Read More: Exploration Spending to Stay Flat Despite Trump Pledges and Strong Gold Prices, S&P SaysDespite solid gold prices, exploration spending in the mining sector will remain flat in 2025. It promises from President-elect Donald Trump to streamline regulations, according to S&P Global analysts. While some market conditions indicate rising commodity prices, particularly gold, financial constraints and tight capital markets are anticipated to limit exploration budgets next year, raising concerns for the long-term sustainability of discoveries.
During S&P Global’s quarterly State of the Market webinar, analysts pointed out that while commodities like gold continue their record highs, the amount spent on discovering new mineral sources may see minimal growth in 2025. One of the key factors restricting spending is a tight financing market, with a lack of capital for junior miners—who traditionally lead the way in exploration. Lower interest rates, the analysts argued, are unlikely to ease these financial restrictions.
Challenges for Junior...
Bitcoin vs Gold: Which is the Better Investment for Your Portfolio?
November 12, 2024• ASX, Australia, Crypto, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: 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 Trump’s victory, markets are adjusting to the reality of a “Red Sweep.” This surprising turn of events has affected various asset classes, including gold and Bitcoin. While Bitcoin prices soar to record highs, gold is facing a sudden slump after an impressive 2024 performance. The question arises: which is the better option for your investment portfolio — Bitcoin or gold?
Bitcoin’s Surge: What’s Driving the Price?
Bitcoin has experienced a remarkable surge following the US elections. The cryptocurrency, which once faced scepticism, has gained favour under Trump’s administration. President-elect Trump, who once criticized Bitcoin, has recently expressed support for digital currencies,...
The Energy Transition Shifts Australian Attitudes Towards Mining
November 12, 2024• ASX, Australia, Daily News, Energy, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: The Energy Transition Shifts Australian Attitudes Towards MiningPositive Shift in Trust for the Mining Industry
The 2024 Australian Attitudes Towards Mining report released in October reveals shifting public sentiment towards the mining sector. Trust in mining has improved, yet these changes come with important caveats. While the public now recognises the importance of mining in Australia’s economic prosperity, concerns about environmental impacts and the transition to a net-zero future remain prevalent.
The report, compiled by data-science firm Voconiq, follows a decade of public surveys. Over the years, Australia’s mining industry has been a significant contributor to the national economy. It generated $2.1 trillion in export revenue, contributed $132 billion in company taxes, and supported $241 billion in wages, making up 21% of Australia’s economic growth. Despite these achievements, public perception has often been divided.
Steady Increase in Trust Levels
Public trust in the mining sector has seen a...
Australia’s Resolute Mining Faces Crisis After CEO and Executives Detained in Mali
November 11, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Australia’s Resolute Mining Faces Crisis After CEO and Executives Detained in MaliShares Plunge Following Unanticipated Arrests
Shares of Australian gold mining company Resolute Mining Ltd. (RSG.AX) plunged by 33.2% on Monday, marking their worst day in 16 years. The drop followed the news that CEO Terence Holohan and two other senior executives had been detained by the government of Mali, where the company operates its Syama Gold Mine.
The executives were in Bamako, Mali’s capital, to discuss mining and tax matters with local authorities. However, after the meetings concluded, they were unexpectedly detained by government officials. Resolute Mining has assured stakeholders that it is working towards resolving the issue but emphasised that the safety of its employees remains its top priority.
As of the latest trading, Resolute Mining’s shares dropped to $0.447, down $0.222 (-33.21%) from the previous close of $0.670. The day’s trading range was between $0.440 and $0.517, and the company’s market capitalisation stood at ...
ASX Market Surges as Pharmaceuticals and Tech Lead Gains
November 8, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX Market Surges as Pharmaceuticals and Tech Lead GainsThe S&P/ASX200 index experienced a robust performance today, recording a significant gain of 75.50 points or 0.92%, closing at 8,301.80. This rise signals a strong upward trend, continuing a positive week in which the index has seen a cumulative increase of 2.25%. The index is now only 0.99% below its 52-week high, indicating renewed confidence among investors.
Leading Stocks of the Day
Neuren Pharmaceuticals Limited emerged as the top performer, soaring by 14.93% to close at $16.55. This sharp rise underscores investors’ positive sentiment towards the company’s prospects, potentially driven by advancements or announcements related to its pharmaceutical developments. Sigma Healthcare Limited followed, gaining 5.35%, showcasing strength in the health sector.
Mayne Pharma Group Ltd also performed exceptionally well, posting a 15.12% increase. The company’s...
S&P/ASX 200 Sees Modest Rise, Sigma Healthcare Leads Top Gainers
November 7, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: S&P/ASX 200 Sees Modest Rise, Sigma Healthcare Leads Top GainersThe 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 showed mixed performance, with certain sectors facing losses, while others made positive strides. The index has gained 0.53% over the past five days, though it is still 2.16% below its 52-week high.
Sigma Healthcare’s Strong Performance
Leading the charge in today’s market was Sigma Healthcare Limited (SIG). The stock surged by 23.65%, closing at $2.405. This dramatic increase is linked to the recent approval of Sigma’s merger with Chemist Warehouse. The merger has sparked investor optimism, resulting in significant buying interest in Sigma’s shares. The deal, worth $8.8 billion, has the potential to create Australia’s largest pharmaceutical group, combining Sigma’s extensive wholesaling infrastructure with Chemist Warehouse’s dominant retail presence.
The announcement of the merger was welcomed by investors,...
US Presidential Election Impacts ASX: Markets Brace Amid Tight Race
November 6, 2024• ASX, Australia, Biotechnology, Canada, Daily News, Energy, Greenland, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Political News, Sectors, Technology, Trending News, United Kingdom, USA
Read More → Read More: US Presidential Election Impacts ASX: Markets Brace Amid Tight RaceOfficials Question Treasury, ATO, ACCC, as ASX Keeps Eyes on US Election
Today’s Australian Stock Exchange (ASX) movement reflects the tension in global markets as investors anxiously monitor the US presidential election. Treasury, Australian Tax Office (ATO), and Australian Competition and Consumer Commission (ACCC) officials faced Senate questions today at a budget estimates hearing. Meanwhile, market volatility is expected to intensify with early US election voting. History suggests that such election-driven fluctuations often reveal short-term instability, but seasoned investors are preparing to react calmly.
Election Volatility Hits Markets Globally
Historically, US presidential elections create temporary volatility across global markets. As the race tightens, experts urge caution, noting the potential for brief sell-offs that may quickly reverse. VanEck analysts highlight the 2016 election, where an initial market...
ASX Slips as Financial Markets Anticipate RBA Decision
November 5, 2024• ASX, Australia, Biotechnology, Canada, Daily News, Energy, Greenland, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News, United Kingdom, USA
Read More → Read More: ASX Slips as Financial Markets Anticipate RBA DecisionThe 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 2:15 pm AEDT. Despite breaching its 50-day moving average, the ASX struggled as investors awaited the Reserve Bank of Australia’s (RBA) cash rate announcement. The index remains down 1.40% over the last five days and is 2.99% below its 52-week high.
ASX Sector Overview
Among the 11 sectors tracked on the ASX, 10 showed declines as of early afternoon, with only the Materials sector in positive territory, up by 0.28%. Financials and Energy sectors were the day’s biggest laggards, dropping by 0.81% and 0.79% respectively. Here’s the sector breakdown as of 2:15 pm AEDT:
- Materials: +0.28%
- Real Estate: -0.09%
- Industrials: -0.13%
- Utilities:...
Westgold Resources: Record-Breaking Gold Intercepts and Promising Drilling Results at Bluebird-South Junction
November 4, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Westgold Resources: Record-Breaking Gold Intercepts and Promising Drilling Results at Bluebird-South JunctionWestgold Resources Limited (ASX: WGX) announced an exciting update today from its ongoing drilling program at the Bluebird-South Junction complex in Meekatharra, Western Australia. Record intercepts from the Polar Star Lode have generated strong investor interest, leading to a notable increase in the stock price, which rose to $3.205 – a 3.39% gain as of October 4th, 2024 (today). This surge reflects positive sentiment in light of Westgold’s promising resource development results.
Record-Breaking Polar Star Lode Intercept
The latest drilling at the Polar Star Lode yielded a standout...
ASX Climbs Despite Weekly Decline, Led by Westgold Resources and WiseTech Global
November 4, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX Climbs Despite Weekly Decline, Led by Westgold Resources and WiseTech GlobalThe 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 despite recent struggles, with the index still down 0.48% over the last five days and standing 2.54% below its 52-week high. This uptick aligns with a strong recovery from Wall Street, providing the ASX with a positive start to the trading day.
...
ASX200 Closes Lower, Hitting New 20-Day Low Amid Sector-Wide Declines
November 1, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Infrastructure, Mining, Sports, Technology
Read More → Read More: ASX200 Closes Lower, Hitting New 20-Day Low Amid Sector-Wide DeclinesThe 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 20-day low for the index, which has declined 1.13% over the past five days. Currently, the ASX200 sits 3.17% below its 52-week high, as economic uncertainties weigh heavily on investor sentiment.
Mixed Sector Performance
Across the market, nine sectors closed in negative territory, with notable losses in healthcare and financials. Only the energy and materials sectors registered gains, rising by 1.06% and 0.20% respectively.
Top Sectors
- Energy: Up 1.06% – The energy sector performed well, supported by rising oil prices.
- Materials: Up 0.20% – Increased demand for commodities contributed to the materials sector’s modest gain.
Lagging Sectors
- Health Care: Down 1.11% – The sector saw the largest drop, facing headwinds from shifting regulatory policies and cost...
S&P/ASX200 Drops Below Key Moving Average as Star Entertainment, Woolworths Lead Declines
October 30, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: S&P/ASX200 Drops Below Key Moving Average as Star Entertainment, Woolworths Lead DeclinesThe 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 20-day moving average, raising concerns about future weakness. Over the last five days, it has lost 0.46%, and it now sits 2.47% below its 52-week high.
Star Entertainment and Woolworths Drag the Index
The Star Entertainment Group Limited posted the steepest fall among ASX200 stocks, tumbling 13.21% to $0.23. Ongoing regulatory issues have battered investor confidence, contributing to the sharp decline. Woolworths Group Limited also dragged the index down, shedding 5.91% to $30.87. Weak consumer sentiment and retail concerns pressured Woolworths and other consumer staple stocks throughout the session.
Myer Holdings Ltd slipped 6.02%, reflecting broader uncertainty...
Rodri Makes History with 2024 Ballon d’Or Triumph
October 29, 2024• Australia, Canada, Daily News, Greenland, Homepage, Interesting Reads, Latest News, Mining Information, News, Trending News, United Kingdom, USA
Read More → Read More: Rodri Makes History with 2024 Ballon d’Or TriumphRodri has etched his name in history, winning the 2024 Ballon d’Or over Real Madrid’s Vinícius Júnior. In an unexpected turn, the Manchester City midfielder became the first defensive player since Fabio Cannavaro (2006) to secure the prestigious award.
The victory came at the Ballon d’Or ceremony held in Paris, cementing Rodri’s status as one of football’s most influential figures. His win challenges the traditional dominance of forwards and highlights the value of defensive midfielders on the world stage.
A Historic Feat for Defensive Players
Rodri’s triumph at the Ballon d’Or ceremony ends a long-standing bias favouring attacking players. Before him, only four non-attacking players—Cannavaro, Matthias Sammer (1996), Franz Beckenbauer, and Lev Yashin—had won the award since its inception in 1956.
His success is remarkable, given the recent injury that sidelined him for the remainder of the season. This injury followed...
Capricorn Metals Greenlights Major Expansion at Karlawinda Gold Project
October 29, 2024• Australia, Daily News, Homepage, Interesting Reads, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Capricorn Metals Greenlights Major Expansion at Karlawinda Gold ProjectCapricorn Metals has received board approval to expand its Karlawinda Gold Project (KGP), located in the Pilbara region of Western Australia. This significant development is expected to enhance the project’s annual production rate to an impressive 150,000 ounces (oz) of gold, based on a 10-year mine life and existing ore reserves currently estimated at 1.43 million ounces (Moz) at a grade of 0.8 grams per tonne (g/t).
Capricorn Metals Greenlights Expansion Gold Project
The KGP expansion will involve the installation of a new crushing and ball mill circuit, which will significantly increase the facility’s processing capacity to 6.5 million tonnes per annum. Importantly, this upgrade will not require a substantial increase in the mining fleet or earthmoving volumes, which means the operation can expand smoothly without major logistical disruptions.
In addition to the processing upgrades, the expansion will involve accommodation construction to support...
ASX Rises as Premier Investments and ZIP Co Lead Gains
October 29, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX Rises as Premier Investments and ZIP Co Lead GainsThe 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 index reached 8,252.90, crossing above its 20-day moving average and continuing its recovery. Over the past five days, the ASX 200 has increased by 0.58% but remains 1.57% off its 52-week high.
Premier Investments and ZIP Co Drive Market Gains
Premier Investments Limited emerged as the best performer, surging 11.17%. The stock rallied after reports suggested strong retail growth, boosting investor sentiment. ZIP Co Limited followed closely with a 9.86% gain, benefiting from renewed optimism in the technology and buy-now-pay-later sectors.
The impressive performances of these two companies played a key role in pushing the ASX 200 higher. Investors are keeping a close eye on these stocks, given their significant impact on today’s rally.
Sector...
ASX Dips as Energy Stocks Lead Declines
October 28, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX Dips as Energy Stocks Lead DeclinesThe 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 ongoing pressures in the energy sector, which has faced notable losses, contributing to the broader market’s struggles. As the index slips, investors remain cautious, with many closely monitoring sector performances and global market trends.
Energy Sector Drags Market Performance
Among the bottom performers in the ASX200, Paladin Energy Ltd and Boss Energy Ltd have led the decline, with shares down 16.35% and 5.25%, respectively. The overall weakness in the energy sector, which has dropped 0.66%, is significantly impacting the market’s overall performance.
In addition to energy stocks, other sectors have also faced challenges today. The financials sector has...
EMR Capital Initiates Sale of Kestrel Coking Coal Mine Amid Market Dynamics
October 26, 2024• Australia, Canada, Daily News, Greenland, Homepage, Interesting Reads, Latest News, Mining, Mining Information, News, Sectors, Trending News, United Kingdom, USA
Read More → Read More: EMR Capital Initiates Sale of Kestrel Coking Coal Mine Amid Market DynamicsPrivate equity firm EMR Capital has announced plans to sell the Kestrel coking coal mine in Queensland’s Bowen Basin, marking a significant move in the metallurgical coal sector. The announcement was made by CEO Jason Chang, who confirmed that investment banking firms Macquarie Group and Bank of America have been appointed to manage the sale process. This strategic decision comes at a critical time when the supply of coking coal, essential for steel production, faces potential constraints due to increasing regulatory pressures and climate change policies.
Under EMR’s management since its acquisition in 2018 alongside Adaro Energy, the Kestrel mine represents a significant asset in the coal industry. The joint venture acquired an 80% stake in the mine from Rio Tinto for a hefty $2.25 billion. EMR holds a 52% interest in Kestrel Coal Resources, while Adaro retains the remaining stake, and Japanese trading house Mitsui controls an additional 20%.
The decision to...
Mining Professionals Tip the Scales on Wages with Higher Incomes
October 25, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: Mining Professionals Tip the Scales on Wages with Higher IncomesNew insights from Australian Tax Office data reveal that mining sector workers earned significantly more than the national average in 2021–22.
Australian Tax Office Data Highlights Mining’s Lucrative Pay
The Australian Tax Office (ATO) released data showing the impressive incomes across different roles. Engineers emerged among the highest-paid professionals, earning an average taxable income of $214,393. Coal miners, essential to Australia’s energy production, brought home $131,480 on average during the same period.
Metallurgists, who specialise in extracting and processing metals, earned $176,271 annually. Meanwhile, geologists in Australia received $166,002, reflecting the importance of their role in resource discovery and development.
Mining deputies reported an average salary of ...
Fortescue’s Strong Start to FY25: Record Shipments, Green Initiatives, and Safety Milestones
October 24, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Fortescue’s Strong Start to FY25: Record Shipments, Green Initiatives, and Safety MilestonesFortescue Metals Group has kicked off FY25 with record iron ore shipments and advancements in sustainability efforts. The company’s strong operational performance and safety initiatives have positioned it on track to meet market expectations for the financial year.
Iron Ore Shipments Hit New Record
The company reported total iron ore shipments of 47.7 million tonnes (Mt) for the first quarter of FY25, marking a 4% increase from the same period last year. This shipment volume represents a new record for a first quarter and includes 1.6 Mt from the Iron Bridge project. The company’s strong export performance reflects Fortescue’s consistent efforts to improve production efficiency.
CEO Dino Otranto praised the achievement, emphasizing that it strengthens the company’s momentum for FY25. “This performance keeps us on course to meet our market guidance,” Otranto said.
Safety Initiatives Improve Performance Metrics
Safety remains a core...
Newmont Mining to Shape the Future of Mining at IMARC 2024
October 23, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Newmont Mining to Shape the Future of Mining at IMARC 2024The 2024 International Mining and Resources Conference and Exhibition (IMARC) will highlight the latest developments in mining innovation, sustainability, and collaboration. Held from October 29 to 31 at the Sydney Convention and Exhibition Centre, the event will feature senior leaders from Newmont Mining addressing critical issues affecting the industry. The company’s focus on education, innovation, and sustainability will take centre stage as the company promotes responsible mining practices.
NextGen Program to Nurture Future Mining Leaders
As part of its expanded participation at IMARC, Newmont Mining is sponsoring the CoRE Learning Gamification Zone. This innovative zone, a key feature of the NextGen education program, aims to engage over 500 students across primary, secondary, and tertiary levels.
The gamification-based learning platform uses Minecraft to teach earth sciences in a more dynamic way. The program reflects company’s...
NRW Holdings Secures A$1.6 Billion Queensland Mining Contract
October 22, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: NRW Holdings Secures A$1.6 Billion Queensland Mining ContractMining services provider NRW Holdings (ASX: NWH) has secured a major A$1.6 billion mining contract with Stanmore Resources. This five-year agreement will see NRW’s subsidiary, Golding Contractors, manage mining operations at the South Walker Creek mine in Central Queensland, strengthening NRW’s position in the Australian mining industry.
Golding Contractors to Manage Mining Operations
The contract, commencing in January 2026, tasks Golding Contractors with operating and maintaining eight fleets of heavy mining equipment at the South Walker Creek mine. These fleets will be used to remove overburden and extract steel-making coal, continuing the existing mining arrangement with Stanmore Resources.
The agreement builds on assets NRW acquired through its purchase of the HSE SWC contract in August 2024. “This new contract strengthens our longstanding partnership with Stanmore and allows us to build on years of collaboration,”...
ASX 200 Plunges Amid Wall Street Turmoil and Bond Market Worries
October 22, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX 200 Plunges Amid Wall Street Turmoil and Bond Market WorriesThe 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 20-day moving average, reflecting investor jitters. The losses mirrored Wall Street’s overnight sell-off, which has rippled through global markets, weighing on Australian stocks.
Sharp Decline in ASX 200 Performance
Polynovo Limited and Viva Energy Group were the index’s worst performers, falling 8.40% and 6.67%, respectively. Over the past five days, the ASX 200 has lost 1.35%, now sitting 2.13% below its 52-week high. The index’s slide reflects growing concerns about inflation and rising bond yields in the US.
Sector-Wide Losses Across the Board
All 11 sectors in the ASX closed in the red. The biggest losses were reported in Health Care and Real Estate, with falls of 2.43% and ...
Silver Prices Soar as Investors Seek Safe Haven Amid Global Uncertainty
October 21, 2024• ASX, Australia, Daily News, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: Silver Prices Soar as Investors Seek Safe Haven Amid Global UncertaintySilver prices have surged recently, reflecting a renewed interest in precious metals. Analysts report that the price of silver has reached a new seven-day high of US$33.93 per ounce. This increase follows the breaking of the crucial US$33.60 per ounce barrier. Experts anticipate further gains in the coming months, driven by various global factors.
The political landscape in the United States adds to this uncertainty. With a tight presidential election looming, many investors seek safe-haven assets. Additionally, major conflicts in the Middle East have increased volatility, leading to heightened demand for silver and gold as reliable financial safeguards.
Future Projections
According to Long Forecast, silver is poised for a significant rise. Analysts predict it will reach US$39.68 by the end of January. This upward trajectory is expected to continue, with estimates of US$41.29 in February and US$42.23 in April. By July, silver could hit...
ASX200 Climbs as Top Stocks Surge Amidst Corporate Challenges
October 21, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX200 Climbs as Top Stocks Surge Amidst Corporate ChallengesThe 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 Stock Market reflects investor optimism, with several sectors making significant strides. The index has shown resilience, buoyed by the performance of key stocks and a generally upbeat sentiment in the market.
Top Performers Drive Index Growth
Among the standout performers in the ASX200 were Amotiv Limited and West African Resources Limited. Amotiv Limited soared by an impressive 10.01%, while West African Resources Limited followed closely, increasing by 7.52%. These gains were instrumental in contributing to a robust week for the index, which has seen an overall rise of 1.65% over the past five days. Currently, the ASX200 is positioned just 0.41% below its 52-week high, signaling a strong recovery trend in the Australian Stock Market.
The broader market dynamics have also played a crucial role in this...
ASX 200 Falls as Flight Centre Leads Market Decline
October 18, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX 200 Falls as Flight Centre Leads Market DeclineThe 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 recently achieving a new 52-week high, as investors react to volatile market conditions. Steep losses in Flight Centre Travel Group Limited and Alcoa Corporation have driven the downward trend.
Despite some recent gains over the past week, today’s performance reflects concerns over corporate updates, sector trends, and mixed investor sentiment.
Flight Centre’s Sharp Decline
Flight Centre’s shares dropped by a staggering 20.81% following its operational review and trading update presented at the Morgan’s Conference. This dramatic fall comes despite the company’s report of efficiency gains achieved since the global pandemic.
Flight Centre highlighted improvements in its revenue margin, which rose from...
ASX200 Falls from Record High as Global Market Uncertainty Grows
October 16, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX200 Falls from Record High as Global Market Uncertainty GrowsThe 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 decline followed weak cues from global markets, especially in the technology sector, which put pressure on local stocks. Despite the downturn, the ASX200 has gained 1.19% over the past five trading sessions and remains just 0.56% below its latest peak.
Sectors: Financials Show Strength, Technology Lags
The Australian Stock Exchange reflected broad-based caution, with 10 out of 11 sectors closing in the red. Financials stood out as the sole performer, climbing 0.27%. However, this gain was offset by losses in other key sectors, including technology, healthcare, and utilities.
The technology sector suffered the most, falling 1.35%, followed by...
ASX200 Climbs to 100-Day High with Strong Sector Gains
October 15, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Home Top Stories, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX200 Climbs to 100-Day High with Strong Sector GainsThe S&P/ASX200 index surged by 0.90% today, gaining 74.20 points to reach 8,327.00, marking a new 100-day high (as of 3:42 pm AEDT). The market has experienced steady momentum, with the index up 1.84% over the past five days and just 0.06% away from its 52-week high.
Key Stock Performers Drive Market Growth
Among the standout performers, Healius Limited climbed 6.96%, while Deep Yellow Limited surged 5.65%. Investors showed renewed interest in these companies, boosting their valuations and contributing to the market’s overall positive trend.
Wildcat Resources Ltd topped the list of gainers, soaring 12.50% to $0.405, followed by Aurelia Metals Ltd with a 9.72% increase. Adairs Ltd also saw impressive gains, rising 9.45% during today’s trading session.
Sector-Wide Rally Lifts ASX200
Summary of Sector’s...
ASX 200 Rises as Miners and Financials Lead the Charge
October 14, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX 200 Rises as Miners and Financials Lead the ChargeThe 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 of 3:37 pm AEDT. Strong performances by miners and banks provided the primary momentum despite mixed market sentiments driven by China’s recent fiscal policy announcements.
Top Gainers: Miners and Gold Stocks Shine
Mining companies led the rally, shrugging off weak signals from China’s latest economic measures. Bellevue Gold Limited surged 5.15%, while Regis Resources Limited jumped 5.32%, becoming the best performers on the ASX 200. The ASX All Ordinaries Gold Index also rose 1.79% as global gold prices remained stable, reflecting increased investor interest in safe-haven assets.
The broader mining sector gained 1.62%, with iron ore miners benefiting from steady futures trading in Singapore. Fortescue Metals, one of...
ASX Drops Amid Market Uncertainty and Chinese Stimulus Disappointment
October 8, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX Drops Amid Market Uncertainty and Chinese Stimulus DisappointmentThe Australian share market experienced a notable decline on Monday, with the S&P/ASX 200 falling by 38.40 points or 0.47% at 8,167.00 (as of October 8th, 3:16 pm AEDT). This drop was driven largely by a pullback in the materials sector, led by substantial losses in Fortescue Ltd and IGO Ltd, as investors expressed disappointment over the lack of fresh stimulus from China.
Market Overview: ASX Down, Major Stocks Struggle
The Australian Securities Exchange (ASX) saw its major index decline on Monday, with market sentiment hit by disappointment in China’s economic outlook. The S&P/ASX 200 index slipped 0.47%, losing 38.40 points at 8,167.00 (as of October 8th, 3:16 pm AEDT), continuing a weak trend from the past...
Copper Positioned for Major Upside in 2024-25 as Global Supply Tightens
October 7, 2024• A-popular blogs, ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Copper Positioned for Major Upside in 2024-25 as Global Supply TightensKey Points from LME Week Discussions
Copper has once again emerged as the metal with the most upside potential for 2024-25, according to industry insiders gathered at the prestigious London Metals Exchange (LME) Week. The event, a critical barometer for global metals markets, saw copper dominate discussions, driven by its essential role in the energy transition and the ongoing supply challenges.
Morgan Stanley’s analysts, summarising key takeaways from private meetings and public presentations, highlighted renewed optimism about copper, especially in light of China’s recent stimulus measures. With the world’s second-largest economy signalling further economic support, the metals market, and copper in particular, are set to benefit from a brighter demand outlook.
China’s Stimulus Sparks Optimism
China, the world’s largest consumer of metals, has implemented surprise stimulus measures that have...
ASX News 7th October: S&P/ASX 200 Rises as Arcadium Lithium and Liontown Resources Lead Gains
October 7, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Sports News, Technology
Read More → Read More: ASX News 7th October: S&P/ASX 200 Rises as Arcadium Lithium and Liontown Resources Lead GainsThe 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 several key stocks saw significant gains, particularly in the lithium sector, driving the index upwards. This marks a positive shift despite the index remaining 0.91% below its 52-week high.
Lithium Stocks Lead the Charge
The standout performers of the day were Arcadium Lithium Plc and Liontown Resources Limited, which surged by 46.77% and 20.27% respectively. Arcadium Lithium’s stock price hit $6.135 per share, making it the top gainer of the day. Liontown Resources, a prominent name in lithium exploration, also saw impressive gains, closing at $0.89 per...
Illan Meslier’s Injury-Time Error Hands Sunderland Dramatic Draw with Leeds
October 5, 2024• Australia, Canada, Daily News, Greenland, Homepage, Interesting Reads, Latest News, Mining Information, News, Trending News, United Kingdom, USA
Read More → Read More: Illan Meslier’s Injury-Time Error Hands Sunderland Dramatic Draw with LeedsIllan Meslier, Leeds United’s goalkeeper, had a moment to forget in injury time as his mistake gifted Sunderland a dramatic 2-2 draw, allowing the Championship leaders to maintain their unbeaten home record.
The dramatic equaliser came in the 97th minute, much to the dismay of Leeds manager Daniel Farke, whose side appeared to have secured three points. Sunderland’s manager, Régis Le Bris, will be relieved as his team remains top of the league.
Meslier’s Calamitous Error
Leeds were ahead 2-1 when substitute Alan Browne chipped a harmless ball back into the box after Jobe Bellingham’s header from a free kick. Meslier, expecting a routine collection, was deceived by the ball’s benign bounce. It bypassed his hands and legs, ending in the back of the net. The own goal, registered to...
Oil Prices Surge Amid Middle East Tensions; ASX Weakens as Bunnings Faces Supplier Scrutiny
October 4, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: Oil Prices Surge Amid Middle East Tensions; ASX Weakens as Bunnings Faces Supplier ScrutinyASX Slips as Oil Prices Surge and Bunnings Faces Supplier Inquiry
Oil prices rose sharply as investors reacted to escalating Middle East tensions, while the Australian Stock Exchange (ASX) stumbled. ASX-listed Bunnings defended its supplier relations and homebrand pricing in a Senate inquiry submission, which is expected to come under greater scrutiny later this year.
Key Market Movements
The S&P/ASX 200 index dropped by 67.6 points, or 0.82%, to 8,137.6 as of 04 Oct, 1:49 pm AEST. The ASX has seen a 0.91% decline over the past five days, placing it nearly 1.8% below its 52-week high. Champion Iron Ltd and Fletcher Building Ltd led the losses, dropping 4.66% and 4.15% respectively.
Sector Analysis: Resources Surge, Financials Falter
ASX 200 Index Rises by 2.70 Points Amid Mixed Sector Performances
October 3, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX 200 Index Rises by 2.70 Points Amid Mixed Sector PerformancesThe 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, up 0.03% during the session. However, it is still 1.02% below its 52-week high. Leading the gainers are HMC Capital Limited and Sigma Healthcare Limited, which surged by 3.37% and 3.15%, respectively.
Modest Gains in a Quiet Trading Session
Despite the slight uptick in the ASX 200, the broader market showed little change over the last five days. Investors are carefully watching global market trends and local earnings, with volatility stemming from fluctuations in key sectors.
The ASX 200 remains just above the flat line, with sectoral performances providing mixed signals. Real estate and telecommunications led the charge, while energy stocks pulled the market down.
Sectors in Focus: Real Estate Leads, Energy...
Executive Changes Shake Up Australian Mining Sector
October 2, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Executive Changes Shake Up Australian Mining SectorAustralian Mining Sector Sees Key Leadership Changes Amid Growth Ambitions
This week, the Australian mining sector witnessed significant executive movements, with critical leadership transitions at Patronus Resources, Black Cat Syndicate, and True North Copper. These changes highlight the industry’s evolving nature as companies position themselves for future growth in exploration and production.
Patronus Resources
One of the most notable shifts occurred at Patronus Resources, where John Ingram was promoted from Chief Operating Officer to Chief Executive Officer (CEO). Ingram, a seasoned mining executive, steps into his new role at a pivotal time for the company. The promotion follows the recent completion of a merger with PNX Metals and a comprehensive corporate rebranding, solidifying Patronus as a forward-looking player in the mining industry.
Ingram’s appointment coincides with Graham Ascough joining the board as a...
ASX Edges Lower Amid Mixed Sector Performance
October 2, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX Edges Lower Amid Mixed Sector PerformanceThe S&P/ASX200 dips slightly as investors weigh gains in energy and materials against declines in key sectors.
The Australian share market saw modest declines today, with the S&P/ASX200 index slipping by 7.40 points, or 0.09%, to close at 8,201.50 as of 3:21 pm AEST. Investors faced a mixed trading session as energy and materials stocks posted gains, while consumer discretionary and technology sectors pulled the market lower.
Despite the minor decline, the index remains up 0.92% over the past five days and is currently just 1.02% shy of its 52-week high. The market’s cautious approach comes amid varying performances across different sectors, with corporate updates and global market conditions playing a pivotal role.
Qantas Airways and Corporate Travel Hit by Losses
Among the day’s biggest losers were Qantas Airways Limited and Corporate...
S&P/ASX200 Declines as Star Entertainment and Tabcorp Drag the Market Lower
October 1, 2024• ASX, Australia, Biotechnology, Casino/Gaming, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: S&P/ASX200 Declines as Star Entertainment and Tabcorp Drag the Market LowerThe 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. This decline comes after the index set a new 52-week high earlier in the day, reflecting a notable shift in momentum. Despite today’s drop, the index remains just 0.95% off its yearly peak and has gained 0.80% over the past five days.
The market’s performance has been shaped by various factors, including the underperformance of key stocks, sector-specific challenges, and investor sentiment amid a volatile global environment.
Key Underperformers: Star Entertainment and Tabcorp Lead Declines
The two biggest detractors to the S&P/ASX200’s performance today were The Star Entertainment Group Limited and Tabcorp Holdings Limited. Star Entertainment saw a steep decline of 6.78%, making it the worst-performing stock in...
S&P/ASX 200 Jumps 66 Points as Star Entertainment and Fletcher Building Shine
September 30, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: S&P/ASX 200 Jumps 66 Points as Star Entertainment and Fletcher Building ShineThe S&P/ASX 200 surged today, gaining 66 points or 0.80%, closing at 8,278.20. The rise was driven by strong performances across sectors, especially in energy and materials. The top performers of the day were The Star Entertainment Group and Fletcher Building, making notable gains. Despite minor sectoral downturns, the index remains close to its 52-week high.
Star Entertainment Leads the Surge
The Star Entertainment Group Limited was the star performer on the ASX 200, gaining a remarkable 21.00%. This increase came after news of the company’s new strategic initiatives to improve operations. Star Entertainment’s sharp rise has been pivotal in boosting investor confidence in the leisure and entertainment sectors.
Brainchip Holdings Ltd followed closely behind, with a ...
ASX200 Edges Higher as Materials and Technology Sectors Lead the Market
September 27, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX200 Edges Higher as Materials and Technology Sectors Lead the MarketThe Australian share market showed modest gains today, with the S&P/ASX200 index closing 6.40 points higher at 8,210.10. Although the rise was marginal, the materials and technology sectors delivered solid performances, helping to sustain the index. Despite this, the ASX200 remains 0.44% below its 52-week high, indicating cautious market sentiment.
Top Performers of the Day: Materials Shine
The biggest contributors to the market’s upward momentum were Mineral Resources Limited and The A2 Milk Company Limited. Mineral Resources soared 9.99%, while A2 Milk surged 8.89%. This significant performance underscores the materials sector’s strong showing, reflecting positive investor sentiment towards mining stocks.
Sector Performance: Mixed Results
The ASX’s 11 major sectors showed mixed performance, with only three sectors posting gains, while eight sectors recorded losses.
Sectors in the...
PlayStation 30th Anniversary Consoles and PS5 Pro Pre-Orders Now Live in Australia
September 26, 2024• Australia, Casino/Gaming, Daily News, Homepage, Interesting Reads, Latest News, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: PlayStation 30th Anniversary Consoles and PS5 Pro Pre-Orders Now Live in AustraliaA New Era for PlayStation Fans
Excitement is sweeping across Australia as Sony launches pre-orders for the highly anticipated PS5 Pro and the limited-edition PlayStation 30th Anniversary collection. Starting today, 26 September, at 10:00 a.m. AEST, eager PlayStation fans can secure these coveted items ahead of their release in November.
Both the PS5 Pro and the PlayStation 30th Anniversary consoles come with upgraded features and stunning designs. These products mark an exciting milestone in PlayStation’s 30-year legacy, appealing to long-time fans and newcomers alike.
PS5 Pro: A Step Up in Gaming
The PS5 Pro is set to redefine gaming performance with its upgraded hardware. Featuring a 2TB SSD and a Digital-only format, the new console offers superior storage and processing power for an enhanced gaming experience. Players can expect smoother gameplay and improved visuals thanks to the advanced GPU, ray tracing...
S&P/ASX 200 Rises with Strong Performers in Energy and Industrials
September 26, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: S&P/ASX 200 Rises with Strong Performers in Energy and IndustrialsAs 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 8,188.30. This marks a strong performance amidst steady market conditions, with Brickworks Limited and Paladin Energy Ltd leading the day’s gains.
...
Iron Ore, Copper, and Lithium Stocks Surge Amid China’s Stimulus
September 25, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Iron Ore, Copper, and Lithium Stocks Surge Amid China’s StimulusIron ore, copper, and lithium stocks are soaring this week after China’s central bank announced a series of stimulus measures. The People’s Bank of China (PBOC) introduced interest rate cuts and property market support, triggering a rally in commodity prices and resource stocks. The S&P/ASX 200 Materials Index surged 2.4% on Tuesday and followed up with a 2.7% gain on Wednesday, marking its largest two-day rally since November 2022.
This surge comes as investors hope China’s measures will help its sluggish economy regain momentum. However, skepticism lingers among analysts about the long-term effectiveness of the stimulus.
China’s Central Bank Rolls Out Stimulus Measures
The PBOC made several key moves this week to stabilise China’s economy. These included a 20-basis point cut to the seven-day repo rate, which reduced borrowing costs for banks and businesses. The repo rate cut also lowered the medium-term lending facility...
Asian and US Markets Show Mixed Reactions Amidst Stimulus and Rate Decisions
September 24, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: Asian and US Markets Show Mixed Reactions Amidst Stimulus and Rate DecisionsThe global markets began the week with mixed responses as investors reacted to China’s stimulus measures and upcoming interest rate decisions. Key Asian indices, such as the Hang Seng, rallied on China’s policy moves, while Australia’s ASX 200 Index showed declines ahead of the Reserve Bank of Australia (RBA) rate decision. Meanwhile, US equity markets started the week with positive momentum, driven by soft landing expectations from the US services sector PMI data.
Hang Seng Surges on China’s Stimulus Measures
On Tuesday, the Hang Seng Index rallied by 2.40%, driven by China’s economic stimulus measures. The People’s Bank of China (PBoC) cut the Reserve Requirement Ratio (RRR) by 50 basis points, signalling its intent to support the struggling economy. It also lowered mortgage rates to boost the real estate sector, further fuelling the rally in Hong Kong-listed stocks.
Tech and real estate stocks led the surge, with the Hang Seng...
ASX Trends: S&P/ASX 200 Falls Amid Mixed Performance in Sectors
September 23, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX Trends: S&P/ASX 200 Falls Amid Mixed Performance in SectorsThe 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 after recently hitting a new 52-week high. The current downturn is driven by poor performance in select sectors, especially consumer staples, with Webjet Limited and EVT Limited leading the fall. However, a few sectors like utilities and technology are showing resilience.
S&P/ASX 200: Recent Performance
The S&P/ASX 200 Index, Australia’s benchmark index, has dropped 0.56%, or 46.20 points, bringing it to 8,163.30. Despite the dip, the index remains only 1.01% off its 52-week high, and it has gained 0.78% over the last five trading days. This suggests that while the market is facing headwinds, it has shown resilience in the short term.
Top Performers: Utilities and Technology Show Strength
Not all...
Weekly Wrap: Australian Share Market Reaches Record High Amid Global Optimism
September 21, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News, USA
Read More → Read More: Weekly Wrap: Australian Share Market Reaches Record High Amid Global OptimismThe Australian share market closed the week at a new record high, driven by continued investor optimism around the global economy’s trajectory. A combination of robust market activity and positive global sentiment led to the S&P/ASX 200 index reaching 8209.5 points, an increase of 17.6 points, or 0.2%, by the close of trading on Friday. The intraday peak was even higher at 8246.2 points, with the week ending on an impressive 1.3% gain.
This rise came on the back of the US Federal Reserve’s decision to cut official interest rates by 0.5%. Investors believe the move provides the best chance for the world’s largest economy to achieve a soft landing. Wall Street reacted...
ASX Surges to Record Highs: Is the Market Overvalued or Just Hitting Its Stride?
September 20, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Top Stories, Trending News
Read More → Read More: 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 S&P/ASX 200 Index at these elevated levels, many are asking: is the market overvalued, or is there still room for growth?
ASX 200 Rallies Amid Global Market Recovery
The S&P/ASX 200 has been on a steady upward trajectory, recently hitting its highest point in 100 days. After experiencing a sharp pullback in early August, the index has recovered, gaining 1.45% over the past five days and closing in on its 52-week high. Sectors such as technology, materials, and energy have led the charge, with key players like BHP and Telix Pharmaceuticals posting strong gains.
This rally isn’t happening in isolation. Global markets, especially in the United States, have also been experiencing positive momentum, driven by economic optimism and easing inflation fears. The Dow Jones, NASDAQ, and S&P 500 have all...
Caterpillar Unveils ‘Groundbreaking’ Energy Management System for Mining
September 18, 2024• Australia, Daily News, Homepage, Interesting Reads, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Caterpillar Unveils ‘Groundbreaking’ Energy Management System for MiningCaterpillar has unveiled a revolutionary solution to tackle a significant challenge in the mining industry’s shift towards renewable energy: efficient energy management. The newly introduced Cat Dynamic Energy Transfer (DET) System is poised to transform how energy is managed and utilised in mining operations, offering enhanced operational efficiency and reduced downtime.
The Cat DET system represents a significant advancement in Caterpillar mining energy management. It is designed to support both diesel-electric and battery-electric mining trucks, providing seamless energy transfer for mining trucks. This innovative system enables energy transfer while trucks operate and charge the machine batteries during use. By facilitating charging on the go, the system allows for increased speed on grade, which translates to substantial improvements in operational efficiency and long-term mining industry sustainability.
Features of the Cat DET...
ASX 200 Hits New Intraday High, Bolstered by US Market Optimism
September 17, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: ASX 200 Hits New Intraday High, Bolstered by US Market OptimismThe Australian share market hit a new milestone today as the S&P/ASX 200 index reached an all-time intraday high. Early morning trading saw the index shoot up to 8,148.8 points, surpassing its previous high of 8,148.7. Although it pulled back slightly, the ASX 200 remains in a strong position, staying at 0.29% at 8,145.4 points at 3:12 pm AEST. This rally was driven largely by developments in the US, with significant gains in the Dow Jones and S&P 500 influencing Australian shares.
...
Alcoa to Sell 25.1% Stake in Ma’aden Joint Venture for $1.1 Billion
September 16, 2024• Daily News, Homepage, Mining, NYSE, Technology, Trending News, USA
Read More → Read More: Alcoa to Sell 25.1% Stake in Ma’aden Joint Venture for $1.1 BillionUS 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 portfolio simplification strategy.
Alcoa to Divest Stake in Saudi Joint Venture
Alcoa, a leading aluminium producer, has agreed to sell its 25.1% stake in the joint venture with Saudi Arabian mining company Ma’aden for $1.1 billion. The sale includes approximately 86 million Ma’aden shares, along with $150 million in cash. This transaction is part of Alcoa’s ongoing efforts to streamline its portfolio and improve financial flexibility.
The joint venture was established in 2009 as a fully integrated mining complex in Ras Al-Khair Industrial City, Saudi Arabia. Ma’aden already holds a 74.9% stake in the joint venture, which Alcoa now plans to partially exit.
Deal...
Silver Prices to Climb: ASX Stocks to Watch After Citi’s Bullish Call
September 16, 2024• ASX, Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News
Read More → Read More: Silver Prices to Climb: ASX Stocks to Watch After Citi’s Bullish CallASX Silver Stocks to Watch After Citi’s Bullish US$38/oz Silver Price Prediction Silver prices have been on the rise, with major broker Citi predicting significant gains. The brokerage is confident about the future of silver, citing several factors that suggest further price increases. As the global economic landscape shifts, many believe silver is about to experience a momentous period.
Citi’s Bold Silver Forecast
Citi’s latest commodities report outlines a bullish outlook for silver. Currently priced at US$31.20/oz, Citi expects it to rise to US$35/oz by the end of 2024, and to US$38/oz within 6–12 months. This implies a short-term upside of around 12% and a potential 22% gain in the medium term. The report also points out that silver, long overshadowed by gold, is now set to...
Arizona’s Crucial Copper Mine and Its Potential Impact on the U.S. Elections
September 13, 2024• Australia, Canada, Daily News, Greenland, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, NYSE, Sectors, Trending News, United Kingdom, USA
Read More → Read More: Arizona’s Crucial Copper Mine and Its Potential Impact on the U.S. ElectionsThe upcoming U.S. presidential election in 2024 could be swayed by a contentious issue in Arizona: the Resolution Copper Mine. This project, led by mining giants Rio Tinto and BHP, aims to meet over a quarter of America’s copper demand. However, strong opposition from Native American groups and environmental activists poses significant challenges to its development.
A Mine with National Importance
The Resolution Copper Mine is a key part of Washington’s strategy to reduce reliance on Chinese copper production. The United States imports nearly half of its copper and only has two domestic smelters. The Arizona-based mine, if developed, could supply a substantial portion of the nation’s copper needs, supporting the energy transition and clean technologies.
Yet, the mine’s...
Gold Hits Record High Amid Central Bank Rate Cuts and Fed Expectations
September 13, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Gold Hits Record High Amid Central Bank Rate Cuts and Fed ExpectationsGold 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 Bank (ECB) rate cuts and expectations of a similar move by the US Federal Reserve. As inflation fears subside, gold miners are set for significant cash flows. Large-cap miners like Newmont, Northern Star, and Evolution are well-positioned to benefit, while smaller players show a diverse range of performance.
Gold Price Surge: Key Factors
On Friday, gold prices jumped 1.9%, hitting a record high of US$2,560 per ounce. It marks a 24% increase year-to-date, making it one of the best-performing commodities in 2024. Several key developments contributed to this surge:
The ECB cut interest rates by 25 basis points, marking the second cut in three months.
The ECB’s updated projections indicated weaker growth but persistent inflation. ECB President Christine Lagarde noted the euro-area economy faces...
Calima Energy Announces Plan to Delist from ASX
September 13, 2024• Announcements, ASX, Australia, Daily News, Investment News, Latest News, Mining, Mining Information, News, Sectors, Top Stories, Trending News
Read More → Read More: Calima Energy Announces Plan to Delist from ASXCalima Energy Limited (ASX: CE1) has formally applied to the Australian Securities Exchange (ASX) to be removed from the official list. This decision comes after the company’s shares were suspended from trading on 2 July 2024 and a subsequent detailed review by the board of directors. The delisting, subject to shareholder approval, is scheduled for 25 November 2024.
The board has unanimously concluded that delisting is in the best interests of shareholders. The lack of liquidity, the sale of significant assets, and substantial listing costs were highlighted as critical reasons for this move. The following article explores the reasons behind the decision, its consequences for shareholders, and the upcoming shareholder vote.
Reasons for Delisting
Below are some of the reasons why Calima...
The World’s First Deep-Sea Nodules Processed by Canada’s TMC at PAMCO Facility in Japan
September 11, 2024• Canada, Daily News, Homepage, Mining, Trending News, TSX
Read More → Read More: The World’s First Deep-Sea Nodules Processed by Canada’s TMC at PAMCO Facility in JapanIn a groundbreaking achievement for deep-sea mining, Canada’s The Metals Company (TMC) has successfully processed the world’s first deep-sea nodules at PAMCO’s rotary kiln electric-arc furnace facility in Hachinohe, Japan. This significant advancement represents a new chapter in mining technology. TMC endeavors to tap into the immense potential of polymetallic nodules obtained from the seafloor.
Commercial-Scale Processing of Deep-Sea Nodules Begins
TMC’s onshore development head, Jeffrey Donald, expressed excitement over the success. “After years of carefully planned development, bench-scale tests, engineering studies, and pilot demonstrations, it’s fascinating to see the world’s first commercial-scale processing of our nodules,” said ...
Chinese Capital Constraints on Aussie Miners: An Opportunity for Overseas Explorers?
September 6, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: 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. With capital flows slowing to a trickle, miners are increasingly turning to overseas projects to attract investment, notably from China.
John Forwood, the Chief Investment Officer (CIO) of Lowell Resources Fund (ASX: LRT), highlights the stark contrast in foreign investment between Australia and other regions, where Chinese capital is still available.
Australia’s Capital Crunch
Since the boom of the 2000s, Australian junior miners have relied heavily on Chinese investment. However, heightened geopolitical tensions have significantly impacted the flow of capital. The...
IMARC 2024: The Premier Global Mining Conference Returns to Sydney
September 3, 2024• ASX, Australia, Canada, Daily News, Greenland, Homepage, Interesting Reads, Investment News, Latest News, LSE, Mining, Mining Information, NYSE, Sectors, TSX, United Kingdom, USA
Read More → Read More: IMARC 2024: The Premier Global Mining Conference Returns to SydneyThe International Mining and Resources Conference (IMARC) 2024 is set to bring together the most influential leaders in the mining industry. The event will be on stage from October 29th to 31st, 2024, at the ICC Sydney, the official IMARC 2024 location. This year, the conference promises to be a landmark event focusing on mining trends, investment opportunities, and innovative solutions for a sustainable future.
A Hub of Industry Leaders and Innovation
IMARC 2024 will feature over 9,000 attendees, including top executives, industry experts, and innovators. With more than 800 mining...
BHP’s Bold Plan to Double Copper Production in South Australia
September 2, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: BHP’s Bold Plan to Double Copper Production in South AustraliaBHP is accelerating its copper production in South Australia with the planned expansion of its Olympic Dam smelter and refinery. The South Australian Government has commenced the application and assessment process for this expansion, marking a significant step forward in BHP’s strategy to double copper production in the region over the next decade.
BHP’s Copper Growth Strategy
The company highlighted its ambitions in South Australia in its FY24 financial results. The results revealed a phased strategy to increase refined copper cathode production to 500,000 tonnes annually by the early 2030s. By the mid-2030s, production could potentially reach 650,000 tonnes. It would represent a significant increase from the 322,000 tonnes produced in FY24.
Anna Wiley, company’s Asset President of Copper South Australia, emphasised the importance of this step. “Today’s announcement is crucial for both BHP and the South Australian...
U.S. Military Invests $20M in Ontario Cobalt Refinery to Strengthen Supply Chains
August 20, 2024• Canada, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Technology, Trending News, TSX
Read More → Read More: U.S. Military Invests $20M in Ontario Cobalt Refinery to Strengthen Supply ChainsThe U.S. military has taken a significant step in its strategy to reduce reliance on China for critical minerals. On Tuesday, the Pentagon announced a $20 million grant to establish a cobalt refinery in northern Ontario, Canada. This initiative, which involves the Toronto-based Electra Battery Materials Corporation, is the largest U.S. investment in Canadian mining to date.
Background and Significance
The grant is part of a broader U.S. national security effort to diversify supply chains for essential minerals. The United States has grown increasingly concerned about its dependence on China, especially for materials like cobalt. Cobalt is crucial in manufacturing electric vehicles, electronics, and military hardware batteries. The U.S. government fears potential disruptions in trade with China, particularly amid rising tensions over Taiwan.
Details of the Project
The cobalt refinery will be built in Temiskaming...
Surviving the Jaws: Bite Club’s Support for Shark Attack Survivors
August 17, 2024• ASX, Australia, Daily News, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Surviving the Jaws: Bite Club’s Support for Shark Attack SurvivorsSurviving a close encounter with a wild animal is life-altering. For members of Bite Club, a support group for survivors of such attacks, the journey doesn’t end with survival. Founded by Dave Pearson after his own shark attack, the club helps survivors navigate life after trauma.
A Life-Changing Moment
Paul Kenny, a Bite Club member, was camping on Samurai Beach when a terrifying encounter changed his life. A bronze whaler shark attacked him while he was swimming. “I thought it was another swimmer,” Kenny recalls. “But it was a shark, and my arm was in its teeth.”
He fought for his life, punching the shark until it let go. Kenny managed to catch a wave to shore and save himself. But the physical and emotional scars remained.
The Founding of Bite Club
Dave Pearson knows this trauma all too well. Thirteen years...
Rio Tinto Shares Fall After Ex-Dividend Date: What It Means for Investors
August 15, 2024• ASX, Australia, Daily News, Homepage, Investment News, Latest News, Mining, Mining Information, NYSE, Sectors, USA
Read More → Read More: Rio Tinto Shares Fall After Ex-Dividend Date: What It Means for InvestorsRio Tinto’s share price dropped by 3.59% on Thursday morning, trading at $108.39. This decline in Rio Tinto share price has a link to the stock going ex-dividend, marking the date when new buyers no longer receive the upcoming dividend. Despite the dip, analysts remain optimistic about Rio Tinto’s long-term prospects, highlighting its strong performance in key segments.
...
BHP Faces Worker Strike at World’s Largest Copper Mine: Production in Jeopardy
August 14, 2024• Australia, Biotechnology, Daily News, Energy, Homepage, Infrastructure, Latest News, Mining, Mining Information, Sectors, Technology
Read More → Read More: BHP Faces Worker Strike at World’s Largest Copper Mine: Production in JeopardyMining giant BHP Group (ASX, LON, NYSE: BHP) has begun removing striking workers from its Escondida copper mine in Chile, escalating tensions at the world’s largest copper mine. The strike, initiated on Tuesday morning, follows a breakdown in wage negotiations and could significantly impact copper production, a vital resource for global markets.
Strike Begins Amid Failed Negotiations
The strike was declared after Union No. 1, representing approximately 2,400 workers, rejected BHP Group’s latest invitation for wage talks. The union refused to restart negotiations despite a mediated session on Monday, during which BHP presented an improved wage offer that included a $28,900 bonus per worker. Union leaders, however, did not attend scheduled sessions earlier in the day, a move BHP criticized as obstructive to the negotiation process.
“We’re convinced we made every responsible effort to reach an agreement, but that wasn’t...
Australia’s Top 10 Richest in 2024: Who’s Leading?
August 12, 2024• Australia, Canada, Daily News, Energy, Homepage, Latest News, Mining, Mining Information, Sectors, USA
Read More → Read More: 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 Australia’s 50 Richest list. Mining magnate Gina Rinehart retains her top spot, though her wealth has dipped slightly. Australia’s 10 Richest 2024 list highlights the dominance of mining, technology, and real estate sectors, showcasing the resilience and diversification of Australia’s economy. As industries rise and fall, the nation’s elite continue to amass staggering wealth.
The Whole List
Forbes has released the list of Australia’s 50 richest people with in-depth analysis. According to Forbes, Australia’s 50 wealthiest individuals have seen their fortunes grow despite the challenges posed by a weaker currency. Together, they increased their combined wealth by $9 billion by...
Lithium Prices Falling? Sprott’s Approach to Smart Investment in Miners
August 9, 2024• ASX, Australia, Daily News, Energy, Homepage, Infrastructure, Investment News, Latest News, Mining, Mining Information, Sectors, Technology, USA
Read More → Read More: Lithium Prices Falling? Sprott’s Approach to Smart Investment in MinersIn a recent analysis, Sprott Asset Management has highlighted a potentially lucrative opportunity for investors focusing on lithium miners. If lithium prices hit a low point, it could signal an ideal moment for strategic investment in lithium miners. This analysis provides insights into the current market conditions and highlights why a downturn in lithium prices might be a golden opportunity.
...
Kamala Harris to Announce Running Mate at Philadelphia Rally
August 6, 2024• Australia, Daily News, Homepage, Latest News, Mining Information, Politics
Read More → Read More: Kamala Harris to Announce Running Mate at Philadelphia RallyVice President Kamala Harris will introduce her new running mate at a highly anticipated rally in Philadelphia on Tuesday evening. With only hours left until the event, the identity of her choice remains unknown, fueling widespread speculation.
Potential Candidates
In recent days, Harris has narrowed her options to three prominent figures:
- Pennsylvania Gov. Josh Shapiro
- Arizona Sen. Mark Kelly
- Minnesota Gov. Tim Walz
Each candidate brings unique strengths to the ticket, but the final decision has yet to be disclosed.
The...
Alto Metals Surges on Brightstar Merger: Gold Consolidation Takes Centre Stage Ahead of Diggers and Dealers
August 3, 2024• Australia, Daily News, Homepage, Latest News, Mining Information
Read More → Read More: Alto Metals Surges on Brightstar Merger: Gold Consolidation Takes Centre Stage Ahead of Diggers and DealersThe Australian mining sector is excited as Alto Metals (ASX: AME) and Brightstar Resources (ASX: BTR) announced a merger just ahead of the Diggers and Dealers conference, Australia’s premier mining industry event. This significant consolidation in the gold exploration sector marks a notable shift in the industry, setting the stage for a new wave of resource development and production.
Merger Details and Market Response
Alto Metals and Brightstar Resources have struck a deal, resulting in a $24 million fundraising effort for Brightstar. This merger integrates Alto’s 1Moz gold resources in the Sandstone district with Brightstar’s ambitious production plans. The news led to a remarkable 75% surge in Alto Metals’ stock, reflecting market confidence in the merger’s...
Should You Consider Buying BHP ASX Shares Post 17% Drop?
July 30, 2024• ASX, Australia, Daily News, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Should You Consider Buying BHP ASX Shares Post 17% Drop?BHP Group Ltd (ASX: BHP), one of the largest mining companies globally, has faced a challenging 2024. Despite the S&P/ASX 200 Index (ASX: XJO) reaching new record highs, BHP ASX shares have dropped by 17.74% year-to-date.
Figure 1: ...
Should Investors Hold or Sell Fortescue Metals Amid Bearish Projections?
July 27, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: 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 analysts from Bell Potter expressed a bearish outlook on the company. With its share price facing potential downside, investors are left questioning whether now is the time to hold or sell their positions in Fortescue.
...
Galan Lithium’s 79% Stock Plunge in 2024: Director Buys 300,000 Shares
July 22, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: Galan Lithium’s 79% Stock Plunge in 2024: Director Buys 300,000 SharesInvestors in the ASX lithium stock, Galan Lithium Ltd (ASX: GLN), have faced a tough year. The stock has experienced a significant decline, dropping by 79% in 2024 alone (as of July 22nd, 2024). This decline has understandably led to concerns among investors, but recent actions by a company insider might provide a glimmer of hope.
...
ASX 200 Loses 8000 Mark: July 19th Decline Reflects Wall Street Trends and Falling Commodity Prices
July 20, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: ASX 200 Loses 8000 Mark: July 19th Decline Reflects Wall Street Trends and Falling Commodity PricesThe Australian share market (ASX 200) gave up its hard-won 8000-mark record on Friday, July 19th, dropping 0.8% in a synchronised fall following Wall Street’s lead. As the market closed, the ASX 200 index dropped 64.9 points to 7971.6, with the banking, mining, and technology sectors among the weaker industries. This decline took the weekly fall to a modest 0.1%, despite the ASX 200 hitting a fresh high of 8057.89 points on Wednesday, July 17th, 2024.
...
S&P Global Report: U.S. Mining Industry Takes 29 Years to Develop Mines, 2nd Highest in the World
July 19, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, LSE, Mining, Mining Information, News, NYSE, Sectors, Trending News, TSX
Read More → Read More: S&P Global Report: U.S. Mining Industry Takes 29 Years to Develop Mines, 2nd Highest in the WorldA new report by S&P Global Market Intelligence, “Mine Development Times: The U.S. in Perspective,” has mentioned essential data about the U.S. mining industry. This report is trending in U.S. mining news. According to this report, mines in the United States take an average of 29 years to develop from discovery to production. It is the second-longest time taken for mining development. The giant timeline is hindering Washington’s initiatives to increase the production of lithium, nickel, and other metals essential for the energy transition, as stated in the report released on July 18th. Which country takes the longest to develop its mines? It is Zambia, and constructing a new mine takes 34 years in this country.
...
BHP Breaks Production Records for Second-Year Running
July 18, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, NYSE, Sectors, Trending News
Read More → Read More: BHP Breaks Production Records for Second-Year RunningOn July 17th, As soon as the report, ‘BHP Operational Review for the Year Ended 30 June 2024,’ was published on the company website, it made headlines. The BHP news highlighted the new record set by the BHP Group for the second consecutive year in iron ore production. The company surpassed all analysts’ expectations not only for iron production but also for copper production. “We finished the year with a strong fourth quarter, achieving several production records, and we are meeting current production and unit cost guidance for all commodities,” Mr Mike Henry, the CEO of BHP Group, ...
L1 Capital Flags Buying Opportunities in ASX Mining Sector: Mineral Resources (MIN) and Nexgen Energy (NXG)
July 16, 2024• ASX, Australia, Daily News, Energy, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: 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: Mineral Resources Ltd (ASX: MIN) and Nexgen Energy Ltd (Canada) CDI (ASX: NXG). Both companies have experienced share price declines in recent months, but L1 Capital believes these declines present attractive entry points for investors with a long-term outlook.
Mineral Resources (MIN): A Diversified Powerhouse
- Share Price Slump: L1 acknowledges the 25% decline in MIN’s share price during June 2024. They attribute this primarily to “softness” in key commodity markets, particularly lithium spodumene (down 16%) and iron ore (down 7%). However, L1 emphasizes that these are cyclical downturns common in the mining industry.
- Operational Strength & Strategic Moves: L1 highlights positive operational milestones achieved by MIN, showcasing the...
Public Company Bets Boost Domain Holdings (DHG) Stock 11%
July 15, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: 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 structure reveals a potential reason why. Public companies hold a whopping 60% stake in DHG, making them the dominant shareholders.
This significant ownership by public companies suggests they strongly believe in DHG’s future prospects. Their confidence seems well-placed, as evidenced by the recent stock surge.
Breaking Down DHG’s Ownership:
- Public Companies (60%): These institutions hold the majority stake, indicating a significant vote of confidence in the company’s direction. They likely reaped the most critical rewards from the recent stock price increase.
- Nine Entertainment Co. Holdings Limited (60%): This entity is the largest shareholder and wields considerable influence over DHG’s strategic decisions.
- Institutions...
Declining Stock and Strong Financials: Is The Market Underestimating Northern Star Resources Limited?
July 13, 2024• ASX, Australia, Daily News, Homepage, Interesting Reads, Investment News, Latest News, Mining, Mining Information, News, Sectors, Trending News
Read More → Read More: 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% over the past three months. Despite this dip, the company’s financial health appears robust, raising questions about whether the market is undervaluing it. This analysis will delve into the company’s financial metrics, particularly its return on equity (ROE), to shed light on its value.
Company Overview:
Northern Star Resources is a leading gold producer with operations primarily in Australia. The company is known for its high-quality assets, operational excellence, and strategic...
Telfer for Sale: ASX Juniors Scramble for WA Gold Glory
July 12, 2024• ASX, Australia, Daily News, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Telfer for Sale: ASX Juniors Scramble for WA Gold GloryThe legendary Telfer gold mine in Western Australia is up for grabs, and ASX-listed junior explorers are lining up for a shot at gold. The mining giant Newmont is selling Telfer and its stake in the promising Havieron discovery following its takeover of Newcrest Mining. This unexpected move has opened the door for a land grab in the Paterson Province, a gold field with immense potential.
The Telfer Opportunity:
Telfer boasts a massive processing facility that annually handles millions of ounces of gold. This hungry mill presents a unique opportunity for junior explorers with nearby discoveries. ASX juniors with significant landholdings in Paterson could be sitting on a gold mine.
ASX Juniors Take Center Stage:
Antipa Minerals (ASX: AZY) is a prime example. They hold extensive ground in Paterson and partner with mining heavyweights like Rio Tinto, IGO, and even Newmont. Antipa is aggressively exploring its flagship...
ASX Growth Companies: Insider Ownership a Beacon in Uncertain Market?
July 11, 2024• ASX, Australia, Daily News, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: 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 might find value in ASX growth companies with significant insider ownership in these uncertain times. These firms are attractive due to the alignment of interests between company leadership and shareholders, indicating a commitment to long-term success.
Top Contenders: Growth with Insider Backing
Colitco analysed the ASX landscape and identified several exciting growth companies with high insider ownership:
- Cettire (ASX: CTT), a leader in online fashion retail, boasts 28.7% insider ownership and earnings growth of 26.7%.
- Develop Global (ASX: DVP): This mineral exploration and development company stands out with 22.6% insider ownership and projected earnings and revenue growth exceeding 50% annually. However, recent dilution, which is the increase in the number...
ASX Lithium Share Pilbara Minerals May Have Hit Bottom, Says Top Broker
July 10, 2024• ASX, Australia, Daily News, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: ASX Lithium Share Pilbara Minerals May Have Hit Bottom, Says Top BrokerPilbara Minerals Ltd (ASX: PLS), a prominent ASX lithium stock, has endured a rough year. The share price has plummeted nearly 40% in the past 12 months. Concerns about the company’s valuation have been voiced by brokers like UBS, who believe the stock price factored in a higher lithium price than they deem achievable.
Since May 20th, 2024, Pilbara Minerals has shed close to 30% of its value, leaving investors anxious about its future. However, a glimmer of hope has emerged.
JPMorgan Upgrades Pilbara Minerals
JPMorgan analyst Al Harvey upgraded Pilbara Minerals’ rating from “underweight” to “neutral,” shifting from a sell recommendation to a hold. Their 12-month price target of $2.95 aligns with the current price, suggesting they believe the significant decline may be over.
Remember that a price target is a broker’s prediction, and the price could deviate...
South32 Ltd’s Rollercoaster Year: FY24 Volatility and FY25 Outlook
July 9, 2024• ASX, Australia, Daily News, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: South32 Ltd’s Rollercoaster Year: FY24 Volatility and FY25 OutlookSouth32 Ltd (ASX: S32) shares demonstrated resilience in the face of a tumultuous FY24, maintaining stability despite market conditions and commodity price fluctuations. Starting the year at $3.76 per share, the mining giant saw its stock briefly dip to a low of $2.89 by February before bouncing back to close the fiscal year at $3.66.
The volatility in South32’s stock was primarily driven by fluctuating commodity prices. However, the company, which heavily relies on aluminium and manganese—critical materials for green technologies and electric vehicles—saw a significant boost from a rebound in demand. Aluminium prices, for instance, surged from US$2,170 per tonne in February to US$2,528 per tonne, the highest levels seen since 2018, excluding a brief spike in 2021-2022 during post-COVID economic reopenings.
South32’s April quarterly update brought to light strong production metrics, with aluminium output rising 1% year-over-year and record production...
ASX Dividend Darlings: BHP, Inghams, and Orora Beckon Income Investors
July 8, 2024• ASX, Australia, Daily News, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors, Trending News
Read More → Read More: ASX Dividend Darlings: BHP, Inghams, and Orora Beckon Income InvestorsAustralian income investors seeking steady returns are in luck. Three ASX heavyweights – BHP (ASX: BHP), Inghams (ASX: ING), and Orora (ASX: ORA) – have been flagged as attractive buys by analysts, offering both high dividend yields and promising growth potential.
BHP: The Mining Mainstay with Hefty Yields
BHP, the resources giant, leads the pack. Analysts at Morgans are bullish on BHP, citing its consistent generation of free cash flow that translates into sizeable dividends. They forecast fully franked dividends of around $2.42 per share in FY 2024 and $2.17 in FY 2025, translating to yields of 5.4% and 4.85%, respectively, based on the current share price.
Inghams: Undervalued Poultry Producer with Generous Payouts
Morgans also highlights Inghams, Australia’s top poultry...
ASX Value Hunt: Elders, South32, Webjet Show Potential Despite Flat Market
July 6, 2024• ASX, Australia, Daily News, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors, Trending News
Read More → Read More: ASX Value Hunt: Elders, South32, Webjet Show Potential Despite Flat MarketA new report by Simply Wall St. identifies potential buying opportunities in the Australian Securities Exchange (ASX) despite the index’s recent stagnation. The report highlights Elders (ASX: ELD), South32 (ASX: S32), and Webjet (ASX: WEB) as companies trading below their estimated fair value.
Elders (ASX: ELD) Boasts Deep Discount But Carries Debt Burden
According to the report, Elders, a leading agricultural supplier to rural and regional Australia, exhibits the steepest discount. Simply Wall St. estimates Elders’ fair value at A$16.28, a significant 48.5% premium over its current trading price of A$8.39. However, the report acknowledges Elders’ challenges, including high debt levels and dividend payouts exceeding current earnings. Despite these hurdles, Elders’ projected earnings growth of 22.8% annually over the next three years could attract long-term investors seeking value.
South32 (ASX: S32) Poised...
Rio Tinto’s Strategic Move: Injects A$18.5 Million and Lifts Stake to 19.76% in Sovereign Metals
July 3, 2024• ASX, Australia, Daily News, Homepage, Investment News, Latest News, Mining, Mining Information, Sectors
Read More → Read More: Rio Tinto’s Strategic Move: Injects A$18.5 Million and Lifts Stake to 19.76% in Sovereign MetalsAussie mining junior Sovereign Metals Ltd (ASX:SVM) got a significant boost, with Rio Tinto doubling its investment. The global mining giant has pumped an additional A$18.5 million into Sovereign, boosting its stake to nearly 20% (19.76%). This comes from Rio Tinto’s initial A$40.4 million investment in July 2023.
The news is a boon for Sovereign and its flagship Kasiya Rutile-Graphite Project in Malawi. The project, targeting critical minerals essential for industries like titanium pigments, titanium metal, and lithium-ion batteries, is set to receive a significant boost from Rio Tinto’s investment. Sovereign plans to use the fresh A$18.5 million to further advance Kasiya, with Rio Tinto’s technical and marketing expertise crucial to the project’s success.
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COLITCO LLP accepts no responsibility for any claim, loss or damage as a result of information provided or its accuracy. The information provided on this site is general in nature, not financial product advice, see a financial expert before making any investment decision. Your personal objectives, financial situation or needs have not been taken into consideration. There may be a conflict of interest present with commercial arrangements with companies and/or stock held. COLITCO LLP or an associate may receive a commission for funds raised.
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