Mining

Ora Banda Mining has accused Greenstone Resources and Ian Gandel's Riverina of blocking the final sign off for the junior miner's $26 million joint venture deal with Wesfarmers Chemicals.

Fortescue is set to pay out $3.32 billion in dividends after a substantial lift in its interim profit, with the biggest beneficiaries being Andrew and Nicola Forrest.

Buoyant gold prices have delivered record earnings for Super Pit owner Northern Star Resources despite mounting cost pressures bumping up the miner's production costs.

IGO has recorded a 53 per cent plunge in profit in the first half of this financial year, while having to deal with its Cosmos nickel mine and Kwinana refinery joint venture.

Lower lithium prices have impacted Pilbara Minerals, with its profit and revenue taking hits in the first half of the 2024 financial year.

Mineral Resources has leant on iron ore to drive mining revenue against weak lithium and battery chemicals prices, according to its half year results.

Glencore appears set on keeping its WA nickel mine running despite the metal's unprofitability forcing one of the miner's other nickel operations into care and maintenance.

Rio Tinto's iron ore business delivered a stronger profit last year but was an exception, with lower commodity prices and higher operating costs battering every other business unit.

Administrators have been appointed to privately owned battery metals play EVM Nickel, which holds nickel rights on a series of tenements near Meekatharra.

Global Uranium and Enrichment has finalised the sale of its 80 per cent stake in the Lake Johnston lithium project to NSW-based Intra Energy Corporation.

Iluka Resources has confirmed the cost of its Eneabba rare earths refinery will be near the top end of its guidance range, while also reporting a slide in annual profit.

Gold producer Silver Lake Resources recorded solid gains during the first half of the 2024 financial year, amid its planned merger with fellow mid-tier entity Red 5.

MLG Oz is keen to further increase its long-term sustainability, following a positive start to the 2024 financial year.

Ramelius Resources' revenue jumped 14 per cent during the first half of the 2024 financial year, ensuring the gold miner generated a record $348.5 million.

Metals Acquisition Limited has made a strong debut on the Australian stock market after raising $325 million, claiming the title of the largest mining listing in more than five years.

Perth contractor Mader Group reported a revenue record in the first half of the financial year, delivering a 34 per cent increase to $374.4 million off significant US business growth.

BHP says it could be several months before deciding the fate of its nickel division as the federal and state governments weigh additional support to keep the embattled sector alive.

Western Australian contractors and mining services providers have detailed the impact of the nickel industry woes in half year results reported to the market.

Finland-based Metso Corporation will provide several pieces of crushing and grinding equipment for De Grey Mining's flagship Hemi gold project in Western Australia's Pilbara region.

Global contractor Altrad has opened up on the performance of its Australian business after two major acquisitions.

BHP has reported a sharp fall in its interim profit as a result of asset write-downs but a strong performance in its WA iron ore business has helped to maintain underlying earnings.

Administrators for Wiluna Mining have outlined a plan to possibly restart mining operations, as the collapsed miner remains subject to a deed of company arrangement.

Triangle Energy Global has raised $5 million in order to advance its Perth Basin projects.

Mineral exploration company Cosmo Metals has elected to exercise its option to acquire 100 per cent of the Kanowna gold project from La Zarza Minerals, subject to shareholder approval.

Liberal Party of WA leader Libby Mettam has urged the prime minister to make concrete commitments to save the state's nickel industry.

The state's nickel miners will receive a 50 per cent royalty rebate over 18 months, as the government looks to mitigate the disastrous impact of the metal's recent price collapse.

Shares in Hastings Technology rose to a high of 72 cents on Friday, after the rare earths developer announced it had signed a binding term sheet with China-based Baotou Sky Rock Rare Earth New Material, which included integrated tolling and offtake agreements.

Nickel has been placed on Australia's critical minerals list in a bid to aid the flailing industry, which federal Resources Minister Madeleine King says faces substantial structural challenges.

Exploration aspirant Megado Minerals is on the hunt for a new managing director and chief executive officer, following the resignation of Ben Pearson.

Valor Resources has capped off a big week by securing an 80 per stake in the Hook Lake uranium project, located in Canada.

South32 has hit go on its plan to build a $3.3 billion zinc mine in the US, with the aim to start producing critical minerals from the asset by 2027.

Rio Tinto has accused the country's biggest privately-owned workforce business of breaching a contract relating to a fatal truck crash at its Channar iron ore mine.