Mining

Iluka Resources spin-off Sierra Rutile Holdings has cut its guidance outlook for the 2023 financial year citing operational challenges and softening market demand.

The Association of Mining and Exploration Companies has warned against duplicating Aboriginal cultural heritage laws federally, labelling WA’s protections the most demanding of any in Australia.

Goldminer Regis Resources has narrowed its production target and has lifted its cost estimate for the 2024 financial year after releasing its quarterly results.

Fortescue Metals Group will steam home to another record year for iron ore shipments while giving itself yet more time to get Iron Bridge up to speed.

Lithium major Allkem is eyeing a tight market for battery minerals as it posts a significant improvement in the grade of ore recovered in Western Australia.

Rio Tinto has told shareholders it won’t be able to meet decarbonisation ambitions without the help of carbon offsets, months after chief Jakob Stausholm expressed regret about the targets he set.

Rio Tinto has reported a big fall in interim earnings and dividends from last year’s highs, though its core Pilbara iron ore business fared better than other operations.

Mid-tier goldminers Westgold Resources and Red 5 have both hit expected production targets after grappling with labour shortages and cost pressures during the period.

MinRes boss Chris Ellison has taken a risk-averse stance on China and dished out some choice comments for sell-side analysts in the miner's latest quarterly update.

Wright Prospecting has rubbished Hancock Prospecting’s claim that it took on significant financial expenditure and risks in developing iron ore projects on mining tenements in the Pilbara.

A lawyer for Wright Prospecting claims Gina Rinehart and her father Lang Hancock knew disputed Pilbara tenements were held on behalf of the Hancock and Wright partnership since the mid-1980s, a court heard today.

Pilbara Minerals has copped lower revenues for the quarter as spodumene concentrate prices descended from the lofty highs at the start of 2023.

Monadelphous has been contracted for $200 million worth of construction work on Albemarle’s billion-dollar Kemerton lithium hydroxide plant expansion in WA’s South West.

Industrial services firm Mader Group has smashed through its market guidance with a record $172.9 million June quarter revenue across its global operations to end the financial year.

Newcrest Mining missed its copper production guidance and faced higher production costs in the June quarter, a result one analyst calls "weak."

Fortescue Future Industries’ finance chief Felicity Gooding has resigned after more than 10 years climbing the ranks of the Forrest business empire.

Sulphate of potash developer Kalium Lakes has announced revisions to its services agreement with German engineering firm Ebtec GbR in relation to work on the Beyondie Mine.

An almost $2 billion write-down from cost blow outs on a North American project has soured the last quarter for South32.

First magnetite from Fortescue's delay-riddled Iron Bridge operation has been loaded and is bound for Vietnam, with CEO Fiona Hick indicating ramp up is still on track despite 'complexities'.

Dozens of lawyers have filled a courtroom for the start of a legal showdown between descendants of mining pioneers Lang Hancock and Peter Wright over billions of dollars in iron ore royalties.

Iron ore producer Fenix Resources has finalised its acquisition of Mount Gibson Iron’s Mid West iron ore, port and rail assets.

Descendants of two WA mining pioneers are gearing up for a legal battle more than a decade in the making over iron ore royalties believed to be worth billions of dollars.

West Perth-based Chalice Mining is set to enter a joint venture agreement with Northam Resources to expand its West Yilgarn exploration, near its Gonneville deposit.

Investigations will continue despite the WA Radiological Council having cleared Rio Tinto over the radioactive capsule that went missing en route from the mining giant’s Gudai-Darri mine.

Mining giant BHP has warned of cost pressures and uncertain international economic conditions in the year ahead.

A high-profile broker, boutique fund manager, lithium executives and media outlets have been dragged into a defamation action brought by a pair of prominent Perth resources directors.

Fortescue Metals Group has marked its 20-year anniversary by changing its branding, while its green energy arm has acquired the owner of a proposed green hydrogen project in the US.

Mineral Resources has abandoned plans to put $1 billion towards developing lithium chemicals plants in China, instead affirming intentions to build its own on home soil.

Rio Tinto has reported strong Pilbara iron ore production and upped its annual guidance while also disclosing a doubling in its spend on evaluation of projects in other sectors.

Northern Star has met its sales and cost targets for the 2023 financial year but will maintain a cautious outlook for the coming 12 months, in what continues to be an expensive time for miners.

Andrew Forrest-chaired Fortescue Metals Group is confirmed to be the latest victim in a cyber attack incident, believed to be linked to a Russian ransomware group.

IGO sinks after revealing close to a $1 billion write-down on the Cosmos nickel project, as the miner withdraws costs and timeline projections for the asset and ushers in a review.