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Australia

Australia is a country and continent located in the Southern Hemisphere, comprising the mainland, Tasmania and numerous smaller islands. The capital is Canberra, whilst Sydney and Melbourne are the largest cities. With a population of about 26-million, Australia has a highly developed mixed-market economy with a gross domestic product of more than $1.5-trillion, making it one of the wealthiest nations per capita globally. The economy is dominated by services, mining, agriculture and energy exports, with key commodities including iron-ore, coal, gold, lithium, natural gas and copper. Australia is the world's largest exporter of iron-ore and liquefied natural gas, and a leading producer of critical minerals essential for renewable energy and battery technologies. The currency is the Australian dollar. Australia operates as a federal parliamentary constitutional monarchy, with governance shared between the Commonwealth government and six states and two territories. The country is a member of the Commonwealth of Nations, the United Nations, the G20, the Organisation for Economic Co-operation and Development and the Asia-Pacific Economic Cooperation forum. Australia's resource sector has been central to its economic development since the nineteenth-century gold rushes, and mining remains a cornerstone of export revenue and employment, particularly in Western Australia and Queensland.

Australia News


Vedanta's Gamsberg zinc mine
Vedanta confirms no penalties imposed from searches by Indian financial crime-fighting agency
Updated 4 hours ago By: Reuters

India's financial crime-fighting agency has not imposed any penalty or restriction following searches conducted at Vedanta's premises, the company said on Thursday. The Economic Times reported on... 


Chrysos PhotonAssay unit
Bulk assay tech company Chrysos successfully refinances debt with new A$200m facility
Updated 4 hours ago By: Marleny Arnoldi

ASX-listed technology company Chrysos Corporation has successfully refinanced its corporate facilities with a new A$200-million syndicated facility with three Australian financiers. These new debt... 


Rendering of Apollo Hill mine, in Western Australia
Saturn Metals increases single-pit gold resource to almost three-million ounces in WA
3rd June 2026 By: Marleny Arnoldi

ASX-listed Saturn Metals has increased the measured, indicated and inferred gold resource of the Apollo Hill project, in Western Australia's Eastern Goldfields, by more than 590 000 oz to... 


Prominent Hill silver mine, in Australia
Australia shares climb to near one-month high as miners rally
3rd June 2026 By: Reuters

Australian shares rose to a near one-month high on Wednesday, underpinned by commodity stocks, after mining giant BHP hit a record high, while a slower-than-expected economic growth reaffirmed... 


The Simandou iron-ore operation in Guinea
Guinea’s Simandou iron exports surge six months after first ore
3rd June 2026 By: Bloomberg

Exports from Guinea’s Simandou iron-ore project surged in May, six months after the first shipment to China, marking a milestone in the ramp-up of the high-grade mine that has the potential to... 


Fortsecue iron-ore in rail wagons
China’s State buyer seeks scrutiny of new Fortescue iron-ore
2nd June 2026 By: Bloomberg

China’s State-backed iron-ore buyer has instructed some steel mills to ask questions about Fortescue's new low-grade product as negotiations over a long-term supply contract hit a rough patch.... 


Kalgoorlie mine in Western Australia
Elliott takes A$1-billion stake in Australia's Northern Star, calls for strategic review
2nd June 2026 By: Reuters

Shares in Australia's biggest gold miner Northern Star Resources jumped on Tuesday after activist investor Elliott Investment Management disclosed an over A$1-billion ($714.6-million) stake and... 


Soweto Cluster study poised for completion this month.
Soweto Cluster gold study on way as Pan African hits gold production top spot
1st June 2026 By: Martin Creamer

The Soweto Cluster definitive feasibility study (DFS) is on track for completion this month, Pan African Resources reported on Monday, June 1 in an operational update ahead of its financial year... 


Cobalt nugget
Coda Minerals raises $6.7m for copper, cobalt PFS work in Australia
1st June 2026 By: Marleny Arnoldi

ASX-listed Coda Minerals has successfully completed a $6.7-million placement to institutional and sophisticated investors, which strengthens the company's balance sheet as it accelerates a number... 


Copper mineralisation
Irish energy transition company Forgent permitted to start gold, copper drilling in Australia
1st June 2026 By: Marleny Arnoldi

Aim-listed energy transition company Forgent has garnered approval from the Department of Mines, Petroleum and Exploration on a Programmes of Work (PoW) for the company’s maiden drilling campaign... 


Rare earths drill core
Viridis secures preliminary offtake agreement with multinational chemicals company
1st June 2026 By: Marleny Arnoldi

Having announced its intention to only supply offtakers in the Europe and the US with rare earth materials earlier last month, ASX-listed Viridis Mining and Metals has secured a letter of intent... 


Syrah processing plant
Tesla drops threat to scrap graphite supply deal with Australia's Syrah Resources
1st June 2026 By: Reuters

Australia's Syrah Resources confirmed on Monday that electric vehicle maker Tesla has withdrawn a notice of intent to end their graphite supply deal over an alleged quality default, accepting the... 


Iron-ore pile
Iron-ore heads for monthly loss as coal spike pressures margins
29th May 2026 By: Bloomberg

Iron-ore headed for a monthly loss as a short-lived rally triggered by a fatal steelmaking-coal mine accident in China’s Shanxi province faded, leaving investors focused on mill margins and... 


Viridis drilling at Colossus project
Brazil rare earths miner Viridis to sell to US, European buyers, not China, CEO says
29th May 2026 By: Reuters

Australian rare earths miner Viridis Mining and Minerals is in advanced discussions with potential offtake buyers in Europe and the US for its Colossus mine in Brazil's Minas Gerais state, CEO... 


Uranium that is commonly known as
Southern Africa’s regional uranium production looking up as demand outlook rises
29th May 2026 By: Martin Creamer

The symbol U and the atomic number 92 are once again among the energy elements being looked at with greater intensity amid global fossil fuel supply disruption and growing demand for triuranium... 


Graphite flakes
International Graphite permitted to start building Australia's first graphite micronising facility
28th May 2026 By: Marleny Arnoldi

Earthworks and civil construction will soon start at Australia's first commercial graphite micronising operation, confirms ASX-listed International Graphite. The company received a building permit... 


Titanium mineral sands in hand
RZ Resources gets Australian gov approval to build Copi titanium minerals mine
27th May 2026 By: Marleny Arnoldi

Australia-based critical minerals miner RZ Resources has been granted approval by New South Wales' Department of Planning, Housing and Infrastructure to proceed with first production from the Copi... 


BlackRock sees merit in large-scale mining M&A
27th May 2026 By: Reuters

BlackRock would back consolidation among large miners because it would open the sector to generalist investors at a scale that would make it easier to bring on large and complex projects needed for... 


BHP's Jimblebar operation
BHP reportedly cuts green push in iron-ore segment, media report says
26th May 2026 By: Bloomberg

BHP Group is allegedly pulling back on key decarbonization projects in its Western Australian iron-ore operations, slowing a climate strategy the miner had once positioned as central to its... 


Mt Marion lithium mine
MinRes, Jiangxi Ganfeng to invest $351m in Mt Marion lithium project
26th May 2026 By: Reuters

Australia's Mineral Resources (MinRes) said on Tuesday it has reached a final investment decision, alongside its joint venture partner Jiangxi Ganfeng Lithium, to invest about A$490-million... 


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