IGO's stake in the Greenbushes lithium joint venture has aided its full year results, as it recorded sizeable write-downs of its nickel and exploration assets.
Resources Minister Madeleine King has told the WA business community a union push into the Pilbara was an opportunity for collaboration with industry but warned against hysteria.
Wesfarmers’ retail businesses carried its increased profit for the full year, while its lithium business posted a $26 million loss pinned on weak prices for the battery metal.
Mineral Resources will push back growth plans amid uncertain lithium and iron ore prices, while junior ore hopefuls are reaching out about the miner's Onslow assets.
Lynas Rare Earths has pointed to positive moments in the rare earths price market in recent months after "stubbornly low" prices impacted its full-year results.
With a desire to enhance its Caldeira clay rare earth element project in Brazil, Meteoric Resources has elected to divest a non-core project in Western Australia.
A booming gold price has helped ensure a strong 2024 financial year for Perseus Mining, which posted a net profit after tax of $US364.8 million, or $536.4 million.
Fortescue ended the 2024 financial year with a profit of $US5.7 billion ($A8.39 billion), an 18 per cent growth from the previous reporting period, while announcing an increase in dividends.
BHP chief executive Mike Henry has highlighted the global miner’s focus on copper as its largest growth opportunity while an iron ore expansion is just a possibility.
ANALYSIS: The Diggers & Dealers Mining Forum is typically focused on geology. On its first morning this year, however, keynote speaker Kim Beazley flipped the script.
Arafura Rare Earths has signed a memorandum of understanding with Saskatchewan Research Council, as it aims to add further value to its shovel-ready project in the Northern Territory.
West Leederville explorer CuFe will suspend operations at its mine near Wiluna and sell its iron ore rights, citing challenging market conditions and volatile commodity prices.
De Grey Mining's push to develop its Hemi gold project has continued, after receiving provision for a $150 million loan from the Northern Australia Infrastructure Facility.
Founding Azure Minerals managing director and chief executive Tony Rovira has stepped down from the company, following this year’s acquisition by Hancock Prospecting and SQM.
GOLD WRAP: Ramelius Resources has increased its profit 250 per cent year-on-year, bringing in almost $220 million last financial year as it rode a wave of record gold prices and low costs.
Jandakot-based mining services company Tasmea will acquire Future Engineering Group for nearly $85 million, with the deal to be finalised in the coming days.
Wavering lithium prices have dented Pilbara Minerals revenue and profit for the full year, partially offset by upped sales volumes, while taking on $1 billion in new debt.
An updated 249D notice lobbed at Global Lithium Resources by shareholder Leon Zhu hopes to oust directors Greg Lilleyman and Hayley Lawrance and cap the company’s board to three.
Market conditions have forced Chalice Mining to cut the size of its board and further slash spending, as it looks to develop the Gonneville project near Toodyay.
Patriot Battery Metals has unveiled its billion-dollar plan to turn its Canadian hard rock lithium deposit into a major mining operation targeting 800,000 tonnes per annum.
Cashed up St Barbara reported a statutory loss of $54 million last financial year, with its cost of production outweighing the average realised price of gold produced across its portfolio.
Equipment rental and service provider Emeco Holdings met its earnings guidance last financial year, delivering 27 per cent profit growth after selling off its Pit N Portal business to Macmahon.
Mining lobbyist Rebecca Tomkinson and KPMG partner Paul Howes are among seven people appointed to the federal government’s Green Metals Advisory Panel.
