Pantoro Gold has continued building its cash and bullion pile during the latest quarter on the back of higher production and lower costs at its Norseman gold project.
Neil Watkinson
Northern Star Resources is pumping an extra $110 million into employing more staff so the $1.5 billion Fimiston mill expansion stays on schedule to roar to life from July.
An uneventful December quarter across South32’s portfolio has delighted investors, boosting the mixed metal miner’s share price to its highest point since April 2023.
Adrian Rauso
Plant failures, production cuts and $230 million in unexpected spending have ignited a fiery dust-up between the CEO of Australia’s biggest gold miner and frustrated analysts.
Simone Grogan and Adrian Rauso
Fortescue is boosting its presence in China to curry favour with an iron ore buyer hell-bent on pushing down prices.
Adrian Rauso and Simone Grogan
Investors were unperturbed on Wednesday as Vault Minerals announced lower output across its Goldfields and Murchison operations in the December quarter.
Westgold Resources has used ore purchases to churn out significantly more gold and cash during the latest quarter.
Gold production and cash flow surged at Evolution Mining’s expanded Mungari operations in the December quarter, putting it on track to achieve targeted output of 200,000 ounces per year.
Andrew Forrest’s Wyloo has snapped up Newmont’s remaining stake in Greatland Resources for $200 million, paying about $700m below market value.
Coal mining in Collie will continue to be propped up by WA taxpayers until at least 2031, but Roger Cook denies it’s a sign the State’s energy transition is in doubt.
Jessica Page
Lynas Rare Earths is already seeing improved product prices from a geopolitical shift, which offset major power supply issues at its $780 million refinery in Kalgoorlie.
The board of West Perth-based rare earths producer Australian Strategic Materials has accepted a $450 million takeover offer from the United States’ largest uranium miner.
Rare earths prices have been surging as the world tries to reduce its dependence on China, and a local miner is reaping the benefits.
Adrian Black
Australian Foundation Investment Company’s portfolio lost 2 per cent in value during the six months, falling well short of the 4.2 per cent returned by the S&P-ASX200 Accumulation Index for the period.
Sean Smith
The mining giant shipped a record volume of Pilbara iron ore during the December quarter but China is putting pressure on prices by building up stockpiles and forcing a new pricing index.
Brightstar Resources plans to appoint a contractor this month to construct its new Laverton processing plant as it advances toward a final investment decision for its Goldfields assets this quarter.
Northern Star Resources has revealed the extent of foreshadowed damage to operating costs following a hapless three months of mine issues, providing some relief for shareholders.
Simone Grogan
The one-for-3.66 a share rights issue is pitched at 40¢ a share, a 35.5 per cent discount to Monday’s closing price, and is fully underwritten by Macquarie.
BHP has been encouraged to keep ‘holding the line’ in lengthy negotiations with China’s state-owned minerals trader over the grade and price of its WA iron ore.
Magnetic Resources has further expanded the mineral resource estimate of the Lady Julie gold project south-west of Laverton while continuing to advance the project toward production.
Lunnon Metals has green-lit the mining of the Lady Herial gold deposit immediately after releasing a feasibility study highlighting the “robust” economics of a short-life operation.
The record-high gold price has Lunnon Metals setting itself to extract value from the Lady Herial deposit at the company’s Kambalda gold and nickel project.
Australian billionaire Gina Rinehart has lauded Saudi Arabia’s “pro-mining policies” after winning a bid for five licences to explore for gold in the Middle Eastern kingdom alongside its biggest miner.
An ASX-listed miner is trying to revive its rare earth mine in Greenland amid Donald Trump's threats to seize the territory "whether they like it or not".
Derek Rose
