Mining

West African Resources posted a net profit after tax of $164.8 million during the 2023 full year, which was down 10.2 per cent from $183.7 million during the prior corresponding period.

Backed by Western Australia’s richest person, Arafura Rare Earths has received a major $840 million finance package from the federal government for its Northern Territory project.

Duncan Gibbs-backed Gold Road Resources has announced that March production at its flagship Gruyere goldmine has been affected by heavy rain.

A rare earths project in the Northern Territory will get federal funding of up to $840 million to supercharge the mining and refining of vital materials.

Shares in manganese developer Firebird Metals rose by 9 per cent on Wednesday to 12 cents per share, following news that the company had signed a strategic cooperation agreement with China National Chemistry Southern Construction, a large-scale chemical engineering company.

German multinational salt producer K+S Australia has defended its green credentials over its proposed Ashburton salt project as local protestors take their campaign international.

Western Australian mining workers continue to face issues of burnout and sexual harassment despite a general improvement in workplace culture, a landmark report reveals.

Arrow Minerals managing director David Flanagan was suitably impressed when he visited the Simandou North Iron project in Guinea earlier this year and saw so many drill targets.

Experienced mining executive Greg Lilleyman has been appointed Caravel Minerals' strategic board adviser.

Bellevue Gold's positive start to the week has continued, after it posted a $2.18 million net profit after tax for the first six months of the 2024 financial year.

Liontown Resources has locked in a $550 million debt facility for its Kathleen Valley lithium venture after its previous loan package unravelled.

While operating a resources project in Australia is a known entity, working overseas can come with big risks and big rewards.

Alumina has entered into a binding scheme implementation deed with joint venture partner Alcoa, which intends to acquire the company in a deal worth $3.4 billion.

Trembling lithium producer Core Lithium’s boss Gareth Manderson will step down as chief executive as the miner continues to grapple with deflated commodity prices.

Bellevue Gold has announced its monthly production increased by 28 per cent in February - from 10,475 ounces to 13,364oz - on the back of higher grades, coupled with underground stoping ore.

Pilbara-focused Red Hawk Mining will raise $12.5 million in order to advance operations at its flagship Blacksmith iron ore project, 70 kilometres north-west of Tom Price.

Mineral sands producer Sierra Rutile remains hopeful of reaching an agreement with the government of Sierra Leone regarding amendments to the fiscal regime agreement between the parties.

Mining company Gold Fields has opted to go it alone on development of its next major renewable energy project at its St Ives mine in the Goldfields.

Uranium explorer Deep Yellow, led by John Borshoff, is seeking to raise $250 million via a two-tranche placement and additional share purchase plan, the company told the market yesterday.

Mining services contractor Perenti has a new chair after Rob Cole resigned in order to join the board of national waste management company Cleanaway.

March 2024 quarterly production at Capricorn Metals' Karlawinda gold project has been affected by heavy rain.

Delta Lithium has signed farm-in deals with junior miners Voltaic Strategic Resources and Reach Resources over tenements near its Yinnetharra lithium project.

Hundreds of jobs at Sierra Rutile will be made redundant after the mineral sands producer announced plans to slash a quarter of its workforce and suspended mining activities.

Uranium explorer Deep Yellow plans to raise up to $250 million in a bid to further enhance its projects in Namibia and Western Australia.

An Aboriginal charity that was paid $47 million in mining royalties last year could find itself out of pocket after BHP concluded it had paid too much over an extended period.

Junior miner Horizon Minerals posted a $1.40 million profit during the first half of the 2024 financial year, which was down 19.4 per cent from $1.74 million during the prior corresponding period.

Ramelius Resources has announced it is in exclusive discussions with Toronto Stock Exchange-listed Karora Resources, regarding the possibility of a merger between both companies.

Andrew Forrest-backed Fortescue has acquired a 19.9 per cent stake in Magmatic Resources, in addition to its farm-in, joint venture agreement with the company.

SQM boss Ricardo Ramos is robustly confident lithium prices will lift by the end of the year, speaking at the official opening of the Mt Holland lithium project.

Uranium exploration company Bannerman Energy has recorded a $7 million total comprehensive loss for the first six months of the 2024 financial year, citing significant corporate and administration-based expenses.

Junior explorer Widgie Nickel is confident results from a recent scoping study at its Mt Edwards project bode well for its plans.

Shares in Macro Metals rose by 50 per cent on Wednesday morning to 5 cents per share, following news of the company's recent asset and Board acquisitions.