Pentanet may have kept up the earnings momentum this quarter, but investors appear unimpressed as the telco’s shares took another tumble on Wednesday morning.
Four cyclones across a three-month period have weighed on Rio Tinto’s Western Australian iron ore shipments, with mitigation efforts expected to cost the miner around $150 million.
Mineral Resources has shocked the market by announcing that independent directors Jacqueline McGill and Susie Corlett – both members of its new ethics committee – have resigned from the board.
Greatland Gold has unveiled a plan to seamlessly bring ore from its Havieron deposit into production through the Telfer goldmine from the 2028 financial year.
Mining heavyweight Rio Tinto has confirmed the shuttering of its newly acquired Mt Cattlin lithium mine is nearly complete but will continue to study a possible underground development.
Fenix Resources is yet to decide whether it will match a bid for Mark Creasy’s CZR Resources before Easter, as it navigates a three-way bidding war for the Robe Mesa iron ore project.
Shares in West Perth-based junior Prospect Resources rose by 30 per cent early on Tuesday, following news of a $15.2 million investment from major copper player First Quantum Minerals.
The latest Roy Morgan polling has pointed to a Labor majority in the May election, with confidence in the ALP its highest in 18 months - while support for the Greens again increased.
Vince Ippolito chaired Botanix will ask investors for $40 million as it eyes an expansion of its US offerings following a successful first few months in the market.
Forrest-backed Greatland Gold has built up a cash balance of almost $400 million off better-than-expected output from its Telfer goldmine, as it gears up for a mid-year listing on the ASX.
Evolution Mining says its annual production guidance for the 2025 financial year of 710,000-780,000 ounces of gold and 70,000-80,000 tonnes of copper remains unchanged, despite a fall in production over the March 2025 quarter.
Stocks rose overnight after US president Donald Trump relaxed some of his tariffs, for now at least, and as stress from within the US bond market seems to be easing.
The state’s environmental scrutineer has waved through Mineral Resources’ proposal to build a new iron ore mine in the East Pilbara but it still remains subject to further approvals.
Mineral Resources has hit out over a levy agreement between Chevron and the Pilbara Ports Authority, as the state pursues $5 million it claims it’s owed by the embattled miner.
