Mining

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.

NRW Holdings' revenue hit $1.43 billion during the first half of the 2024 financial year, up 6.7 per cent from the previous corresponding period.

BHP has narrowly avoided strike action threatened by its iron ore train drivers after reaching an agreement with the Mining and Energy Union today.

The nickel sectors in Australia and Indonesia are on different trajectories, and it’s all about cost.

Chris Ellison-chaired Delta Lithium has provided updates on its Yinnetharra and Mt Ida lithium projects, located in the Gascoyne and Goldfields regions.

Australian Vanadium Limited has flagged a 2025 start for the construction of its $450 million processing plant in Geraldton.

Iron ore producer CITIC Pacific Mining plans to slash output by 33 per cent and flagged the possibility of suspending operations, blaming a legal standoff with Clive Palmer.

As the female chairman of a major WA company, Kathleen Conlon has joined a very select group.

Kin Mining has confirmed it is considering new acquisition and investment options, following the recent sale of gold deposits within its Cardinia gold project, located near Leonora.

Wesfarmers is preparing to sell spodumene into the market but doesn’t expect to make a profit, as it continues to ramp up its Mt Holland lithium asset.

BHP has written down the value of its Western Australian nickel operations by US$3.5 billion ($5.4 billion) pre-tax as a result of depressed market conditions for the battery metal.

With the uranium spot price hovering above $US100 per pound and likely to rise further, Duketon Mining managing director Stuart Fogarty says there is scope for the company to re-evaluate its Doris uranium project.