Mining

Mt Hawthorn-based junior Platina Resources plans to acquire the Mt McKenna gold project near Laverton.

Tanzanian-focused Black Rock Mining has announced plans to raise up to $12 million, as it aims to further develop its Mahenge graphene project.

Mineral Resources has been cleared to take control of Chris Ellison’s brother’s collapsed Resource Development Group, acquiring its subsidiaries in exchange for forgiving $160 million in debt.

Mining-focused contractor NRW Holdings will be chasing work in the booming data centre industry after striking a debt-funded deal to buy Sydney-based contractor Fredon.

Capricorn’s move for the junior explorer continues to face retail resistance as a substantial shareholder raises fresh concerns.

VRX Silica’s Arrowsmith North silica sand project has received environmental approval from state environment minister Matthew Swinbourn.

Former meal kit operator My Foodie Box is reinventing itself as Tarrina Resources, acquiring gold, copper and rare earth projects in hopes of a second life on the ASX.

US-focused Locksley Resources has appointed Pat Burke as its chair, effective immediately.

Fenix has secured the full mining rights over the Weld Range project from China’s Sinosteel Midwest Corporation under a $60 million deal, bolstering its resource base in the Mid West.

MAC Copper’s shareholders have greenlit a $1.6 billion takeover deal as cross-border copper M&A heats up.

The importance of rare earths has prompted Western governments to intervene in the market in an effort to shore up alternative supply chains.

Capricorn Metals executive chair Mark Clark says the company remains on course to become a successful mid-tier gold producer.

Dual-listed Civmec recorded a 34 per cent net profit drop to $42.5 million last financial year, but insists the future is bright with a record order book worth $1.25 billion.

Mineral Resources has slid to an $896 million loss for the full year, driven by sizeable impairments against its mothballed Bald Hill mine and weak lithium and iron ore prices.

GOLD WRAP: Goldminers Westgold Resources and Bellevue are both hopeful of a positive FY26, on the back of dealing with different challenges over the past 12 months.

Mixed metals miner South32 has returned to profit on the back of strong operating margins across its global commodities portfolio.

A day after announcing a half-year profit of $215 million, West African Resources has entered a trading halt.

Mineral Resources’ new chair Malcolm Bundey has offered no new clarity on Chris Ellison’s planned succession, as the departure window continues to narrow.

Lynas Rare Earths will raise as much as $815 million to accelerate its growth, as it pushes to capitalise on a growing appetite outside China for rare earth products.

IGO has swung to a loss of more than $950 million in a set of “disappointing” full-year financials after slashing the value of its share of the Kwinana lithium refinery to zero.

Perseus Mining boss Jeff Quartermaine says an ideal mix of higher prices and operational performance paved the way for a successful FY25.

FMR Investments boss Peter Bartlett told the court he was in Kalgoorlie on the day he allegedly gave estranged lieutenant Patrick Keogh the go-ahead to process a waste pile at the company's mill.

The value of Gina Rinehart’s rare earths portfolio has more than tripled to about $2.69 billion on a share price rally since the sector was upended and governments intervened to break China's stronghold.

Rio Tinto has named Matthew Holcz as the permanent chief executive of an expanded iron ore business, while senior executives Kellie Parker and Sinead Kaufman have lost their jobs.

Mineral Resources is prepared to forgive $160 million of debt as part of a deal to acquire the companies and assets of Chris Ellison's brother’s collapsed Resource Development Group.

West African Resources has announced a half-year profit of $215 million, as it aims to end CY25 with increased production.

FMR Investments boss Peter Bartlett has denied giving his ousted lieutenant the go-ahead to process a waste stockpile as reward for transporting a private gold stash.

ASX-listed Macmahon Holdings has announced a second significant contract win in the space of a day.

Mader Group boss Justin Nuich said the company's FY25 performance reflects strength and resilience of both its people and business model.

Andrew Forrest’s Fortescue maintains hydrogen is critical to its future after recording major impairments on its scrapped green energy projects, as it full-year profit drops by 41 per cent.

Peter Bartlett's flagship FMR Investments is fighting to restrict the allegations that can be aired by an ousted executive accused of masterminding a gold swindle.

Mining services and contracting firm Tasmea lifted its profit to $53 million in the last financial year, amid an aggressive acquisition strategy that saw four deals closed within a year.