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The Queensland government this week pledged a further A$53.5-million to the Industry Partnership Program (IPP) to support new industries. Deputy Premier Steven Miles said the funding would focus...
ASX-listed Queensland Pacific Metals (QPM) has completed the acquisition of the Moranbah gas project, transforming the company into the sixth largest domestic gas producer on the Australian...
Potash developer BCI Minerals has received credit approvals for A$650-million of project finance for its Mardie salt project, in Western Australia. The company on Friday said that the Northern...
Gold miner Ramelius Resources has extended its takeover offer for fellow-listed Musgrave Minerals until September 15, and has reiterated that it will not be improving on its offer, in the absence...
Australia’s future prosperity will centre on its ability to value-add, rather than just relying on extraction, Industry and Science Minister Ed Husic said this week. “Australia has had a...
The net zero transformation would see global demand for some of Australia’s exports decline, while creating new markets and opportunities for its industries, the government’s Intergenerational...
The latest results from the Quarterly National Greenhouse Gas Inventory has highlighted the need for greater action on decarbonisation said Climate Change and Energy Minister Chris Bowen. The...
Lithium miner Pilbara Minerals has closed a stellar financial year, reporting record production and sales, as well as a 326% increase in net profits, which was reported at A$2.4-billion. The...
PERTH (miningweekly.com) – Energy major bp is a step closer to a final investment decision (FID) on its energy hub H2Kwinana, having completed its concept development phase study. The study...
During the 12 months to June 30, diversified mining company South32 has progressed initiatives to support its target of halving operational greenhouse gas emissions by 2035. At Worsley Alumina in...
ASX-listed Sierra Rutile has reported lower profits and revenue for the half-year ended June as production fell. The company previously noted that rutile and ilmenite production was impacted by...
Despite a record year of sales, gold miner Regis Resources has reported a statutory net loss of A$24-million for the 2023 financial year, compared with a profit of A$14-million in the previous...
ASX-listed Focus Minerals has poured its first gold at its restarted Coolgardie gold operations, in Western Australia. The junior resumed openpit mining earlier this year, and is progressing the...
Gold miner St Barbara widened its loss from A$160.8-million to A$429.1-million during the 2023 financial year. The miner said that the loss included a non-cash after tax impairment of...
Oil and gas major Woodside has avoided industrial action at its North West Shelf operations, offshore Western Australia, reaching an agreement with the Offshore Alliance employee representatives....
Major Rio Tinto has reached an agreement with the government of Madagascar on the future fiscal arrangements for the QIT Madagascar Minerals (QMM) joint venture, and renewed their long-term...
Despite a fall in production, coal miner Whitehaven Coal has reported a solid 2023 financial year, with revenues and profits increasing. The ASX-listed company has reported a 23% increase in...
PERTH (miningweekly.com) – Gold miner Northern Star Resources reached its production targets in the full year ended June, with the miner selling 1.56-million ounces of gold at an all-in sustaining...
Diversified miner South32 has reported a 20% drop in revenue for the full year ended June, with the company swinging to a loss of $173-million following a non-cash impairment of $1.3-billion in...
The decision of DRDGold to expend capital of R3.5-billion this financial year is based on the cash-flush Johannesburg- and New York-listed gold-from-dumps mining company firmly concluding that it...
Junior Rox Resources will raise A$7-million to fund exploration at its Youanmi gold project, in Western Australia. The company on Wednesday said it had received binding commitments for the...
Gold miner Perseus Mining has announced an increase in the underground ore reserve of the CMA deposit, at its Yaouré gold mine, in Côte d’Ivoire, of some 300 000 oz. The ASX- and TSX-listed...
Debt-free, cash-rich gold-from-waste mining company DRDGold has declared its sixteenth consecutive dividend as it guides higher production, prioritises the ensuring of sufficient tailings storage...
Gold isn’t losing its allure, according to a dozen money managers who all told Bloomberg News they expect to maintain or raise their exposure to the precious metal in the coming twelve months....
Oil and gas major Santos has reported a fall in production, revenue and underlying profits for the half-year ended June. Production for the six months under review was down 13% on the previous...
Mineral sands miner Iluka has closed a tough first half, with revenues and profits falling on the back of subdued demand. The ASX-listed company on Wednesday reported that mineral sands revenue...
Changes in Britain’s automotive industry were likely to spur new resource partnerships in Australia, Resources Minister Madeleine King said this week. Speaking at the Australian-British Chamber...
Energy infrastructure group APA Group has struck a A$1.72-billion acquisition agreement with energy provider Alinta Energy over its Pilbara assets, saying the resources sector had been identified...
Diversified miner BHP has launched the second round of its BHP Xplor initiative, a six-month cohort-based accelerator program in the pursuit of unlocking critical minerals. After successfully...
US energy major Chevron on Wednesday revealed that the official nameplate capacity of the Wheatstone project’s domestic gas plant would increase by 5% from 205 TJ/d to 215 TJ/d, following technical...
Iron-ore major Fortescue’s plans for a new mine near Newman, in Western Australia, has been opened for public comment. The Nyidinghu mine would mine up to 65-million tonnes a year of ore and...
Investors who bought Australian lithium stocks at the start of the year could have doubled their money or lost more than half of it — reflecting the extreme volatility of companies mining one of...
The projected timeline for first production under an accelerated Phase 2 expansion scenario of the Jansen potash mine, in Canada, remains 2029, BHP CEO Mike Henry said on Tuesday, addressing the...
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