Mining

For the second time in just over a year, Elevate Uranium has announced plans to raise $25 million in order to de-risk and progress its portfolio.

Iron ore from BHP's Pilbara mines would be shipped to South Korea for POSCO to test its hydrogen-based green ironmaking technology under a preliminary deal struck this week.

Annual profit at Gina Rinehart's Hancock Prospecting fell by $2.5 billion year-on-year in 2025, a result attributed to weaker iron ore prices and headlined by concerns over jurisdictional risk.

Amanda Lacaze says it's vital that governments protect the existing rare earths supply chain, with Lynas Rare Earths at its core, as taxpayer funds flow to new developers

Sentinel Metals began life on the ASX in style on Thursday, closing trade up 55 per cent to 31 cents.

Mineral Resources has shipped 8.6 million tonnes from its Onslow Iron operation and pocketed a $41 million payment from Hancock Prospecting under its Perth Basin oil and gas deal.

The state's mining lobby has warned that Western Australia's diminished reputation as a mining jurisdiction of choice is at risk, unless government takes action to reduce power prices.

Gina Rinehart's Roy Hill has reported a near-halving of its profit for the 2024-25 financial year due to extreme weather and softening iron ore prices.

Two new gold explorers joined the ASX this week, extending a run of market debuts in the resources sector.

Fortescue has failed in its bid to access more documents from Element Zero, a startup the Andrew Forrest-led company alleged copied its green iron technology.

Lynas Rare Earths is investing $180 million in expanding its heavy rare earths production capacity and product range to meet heightened demand for the critical mineral outside of China's grasp.

Global Advanced Metals has sold the last of its shares in Wildcat Resources as it focuses on expansion of its Greenbushes mine operation and US manufacturing facility.

Record production and stronger sales have buoyed uranium miner Boss Energy as global sentiment for the energy material improves.

Profit at Hancock Prospecting subsidiary Atlas Iron has fallen sharply due to weaker iron ore prices as it embarks on construction of its next major mine.

Australia's richest person Gina Rinehart will up her stake in Arafura Rare Earths, as it becomes the latest developer to rattle the tin off the back of a soaring share price.

Former Global Lithium boss Ron Mitchell has been appointed chief executive of Firebird Metals, effective from November 3.

Mining giant BHP will scale back its Yandi iron ore mine after extracting years of extra life out of the 34-year-old deposit.

Creditors owed money by collapsed gold play Wiluna Mining are set to be repaid in full after administrators stuck a deal with two major shareholders.

Bill Beament's Develop Global is pushing ahead with a mining ramp-up as it weighs a revised expansion plan for its Pilbara base metals development.

The lithium miner may have lifted underground output at its Kathleen Valley mine, but rising costs and lower shipments kept its finances in the red.

Critical minerals-focused Victory Metals has appointed Emma Doyle, a former staffer with US president Donald Trump, as a senior advisor.

Perth-based junior Everest Metals Corporation has announced it will be able to begin mining at the Mt Dimer Taipan gold and silver project next month.

Paul Bennett-led Medallion Metals has secured an offtake and funding deal with global commodity supplier Trafigura.

Larvotto Resources has turned down a $723 million bid from a US antimony processor, claiming the offer undervalues its NSW gold and antimony project.

Latin American-focused Challenger Gold has announced plans to raise $30 million as it eyes first production at its flagship Hualilán gold project in Argentina.

GOLD WRAP: Ramelius grade drops; strong quarter for Forrest-backed Greatland; Perseus cash and gold above $1.2 billion.

Mineral Resources will pocket the remaining $200 million from its sale of a 49 per cent stake in the trust for its troubled Onslow Iron haul road after notching a key shipping milestone.

Paramount Earthmoving founder Shawn Tilley is facing several counts of fraud, with a court appearance scheduled for next month.

Despite a bumper year for the goldminer, Ramelius Resources boss Mark Zeptner has assured shareholders that the company will not rest on its laurels.

West Perth-based Caprice Resources has promoted Luke Cox to managing director, effective immediately.

PLS is celebrating higher revenue and lower production costs, even as uncertainty clouds its downstream operations in South Korea.

The owners of one of Western Australia's oldest iron ore projects have decided to shut the mine down early, one week after a rockfall halted operations.