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Australasia

Seriti Green CEO Peter Venn.
Seriti Green has R25bn to deploy in Mpumalanga but can’t get Eskom budget quotes
25th July 2025 By: Martin Creamer

Last week renewable energy company Seriti Green received a budget quote from Eskom that it had applied for as long ago as February 2021 – that's the delay in obtaining collaboration from the State... 


Tom Palmer
Newmont prioritises buybacks and organic growth
25th July 2025 By: Mariaan Webb

Gold mining major Newmont is turning inward, choosing to return cash to shareholders rather than chase new acquisitions, even as improved results bolster free cash flow generation. “Our focus is... 


Larvotto completes A$60m equity raise to fund Hillgrove restart
Larvotto completes A$60m equity raise to fund Hillgrove restart
25th July 2025 By: Creamer Media Reporter

ASX-listed Larvotto Resources has completed a two-tranche placement to raise A$60-million to support the restart of its Hillgrove antimony/gold project in New South Wales. The placement was backed... 


Craib steps down as Boss CEO, Dusci promoted
25th July 2025 By: Creamer Media Reporter

Uranium company Boss Energy on Friday announced the appointment of COO Matt Dusci to MD and CEO, succeeding Duncan Craib, who would step down at the end of September.  Craib would start as a... 


Austin Metals sells NSW package to Kingfisher
25th July 2025 By: Creamer Media Reporter

Exploration junior Austin Metals announced on Friday that it would sell its Broken Hill tenement package in New South Wales to fellow ASX-listed Kingfisher Mining for A$400 000 in cash and shares.... 


Rio Tinto expands Quebec lithium push through Azimut option
Rio Tinto expands Quebec lithium push through Azimut option
25th July 2025 By: Mariaan Webb

Diversified miner Rio Tinto is deepening its footprint in Canada’s James Bay lithium corridor, expanding an existing partnership with junior explorer Azimut Exploration to include new lithium... 


Northern Star’s 2Moz/y ambition slips
Northern Star’s 2Moz/y ambition slips
25th July 2025 By: Mariaan Webb

Australian miner Northern Star Resources has conceded that its goal of producing two-million ounces of gold a year will remain out of reach in the near term, with the miner now forecasting a... 


Whitehaven Coal's fourth-quarter production climbs, price pressures in focus
Whitehaven Coal's fourth-quarter production climbs, price pressures in focus
25th July 2025 By: Reuters

Australia's Whitehaven Coal reported an almost 9% rise in production for the fourth quarter on Friday on the back of a strong performance at its mines, while flagging price pressures due to an... 


Gold miner Newmont's quarterly profit beats estimates as bullion rallies
Gold miner Newmont's quarterly profit beats estimates as bullion rallies
25th July 2025 By: Reuters

Newmont surpassed Wall Street expectations for second-quarter profit as the world's top gold miner benefited from a rally in bullion prices, sending its shares 4% higher in extended trading on... 


MAC Copper lifts output, maintains growth targets as Harmony deal progresses
MAC Copper lifts output, maintains growth targets as Harmony deal progresses
24th July 2025 By: Mariaan Webb

Australian copper miner MAC Copper on Thursday posted a sharp rise in second-quarter copper production and reaffirmed its target of surpassing 50 000 t/y of copper equivalent by 2026, while... 


Offers for St Barbara's Nova Scotia assets due this month
Offers for St Barbara's Nova Scotia assets due this month
24th July 2025 By: Mariaan Webb

ASX-listed St Barbara said on Thursday it expected to receive third-party, non-binding indicative proposals for its Atlantic operations in Nova Scotia this month, as part of the planned separation... 


Venetia Diamond Mine in South Africa's Limpopo province.
Higher margins, more cash generation on way, Anglo CEO predicts unequivocally
24th July 2025 By: Martin Creamer

Looking beyond this transitionary year, Johannesburg Stock Exchange-listed Anglo American will emerge as a highly differentiated, higher margin and more cash generative business, Anglo American CEO... 


Japan copper smelters face tough talks with global miners over processing fee
Japan copper smelters face tough talks with global miners over processing fee
24th July 2025 By: Reuters

Japanese copper smelters face tough mid-year negotiations with global miners over treatment and processing charges (TC/RCs) as they wouldn't be able to accept the very low terms that Chinese... 


Kumba Iron Ore CE Mpumi Zikalala.
Higher Kumba iron-ore exports reflect benefit of public-private logistics collaboration
24th July 2025 By: Martin Creamer

The benefit of South Africa’s public-private logistics collaboration is reflected by an increase in South African-mined iron-ore railed from Anglo American’s Kumba to the Port of Saldanha Bay by... 


Global coal use likely to remain near the all-time high reached in 2024 – IEA
Global coal use likely to remain near the all-time high reached in 2024 – IEA
24th July 2025 By: Sabrina Jardim

Global coal demand is likely to remain broadly unchanged this year and next, despite short-term fluctuations across several major markets in the first half of this year, the International Energy... 


NSW commits to repurposing post-mining infrastructure
24th July 2025 By: Creamer Media Reporter

The New South Wales (NSW) government has committed to repurposing former coal mine sites for economic development, backing all 13 recommendations from a Parliamentary inquiry into post-mining land... 


Fortescue CEO of growth and energy Gus Pichot
Fortescue scales back hydrogen ambitions, iron-ore shipments at record
24th July 2025 By: Mariaan Webb

Australian miner Fortescue is paring back its global green hydrogen ambitions, shelving its Arizona hydrogen and PEM50 projects in a major reset, while its core iron-ore operations delivered a... 


Argentina approves Galan Lithium for incentives scheme, but rejects Ganfeng
24th July 2025 By: Reuters

Argentina approved Australian miner Galan Lithium's $217-million lithium project in the Catamarca province for a new incentives programme known as RIGI, but rejected a separate bid from China's... 


Rio Tinto Minerals CE Sinead Kaufmann
Rio Tinto, Enami ink binding JV deal on Chile lithium project
24th July 2025 By: Mariaan Webb

Diversified miner Rio Tinto and Chile’s State-owned Empresa Nacional de Minería, or Enami, have signed a binding agreement to form a joint venture (JV) for the development of the Salares... 


Menar MD Vuslat Bayoglu.
China generates more electricity than US, India, EU combined, Menar’s Bayoglu reports
23rd July 2025 By: Martin Creamer

China generates more electricity than the US, India and the EU put together, Menar MD Vuslat Bayoglu told Wednesday’s Coal & Energy Transition Day, where he added “… and I think this race is... 


Seriti Resources Group CEO Mike Teke.
Wind turbine four on way up, Seriti CEO Mike Teke tells Coal & Energy Transition Day
23rd July 2025 By: Martin Creamer

Today, as I speak to you, our fourth wind turbine is probably on its way up, Seriti Resources Group CEO Mike Teke, who has also just opened a new coal mine down the road from the turbine in South... 


Glencore's Mount Isa smelter
Glencore to shut Australian copper mines with smelter on brink
23rd July 2025 By: Bloomberg

Glencore is on track to close its last two copper mines in Mt Isa, Queensland, next week, ahead of a decision on whether to also shutter a smelter at the same complex. A shutdown of the mines –... 


Green hydrogen retreat poses threat to emissions targets
Green hydrogen retreat poses threat to emissions targets
23rd July 2025 By: Reuters

Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels. The challenges facing the sector... 


Yancoal’s Premier Coal mine hits 100Mt milestone
23rd July 2025 By: Mariaan Webb

Yancoal Australia’s Premier Coal operation has surpassed 100-million tonnes of coal production since mining began at its current site in 1996, a milestone that reinforces its role as Western... 


Meteoric raises A$42.5m in oversubscribed placement for Brazil REE project
23rd July 2025 By: Mariaan Webb

ASX-listed Meteoric Resources has secured firm commitments to raise A$42.5-million through an oversubscribed share placement, boosting the company’s balance sheet ahead of a final investment... 


South Junction
Westgold reports record output in FY25
23rd July 2025 By: Mariaan Webb

West Australia-focused Westgold Resources reported record gold production and a significant treasury increase in the fourth quarter of the 2025 financial year, as capital investments across its... 


Magnetic shifts focus to construction readiness at Lady Julie gold project
Magnetic shifts focus to construction readiness at Lady Julie gold project
23rd July 2025 By: Mariaan Webb

ASX-listed Magnetic Resources said on Wednesday it is advancing its Lady Julie gold project in Western Australia toward development, with a new feasibility study confirming the project’s technical... 


Paladin sets uranium production guidance for Namibia mine
Paladin sets uranium production guidance for Namibia mine
23rd July 2025 By: Mariaan Webb

Australia- and Canada-listed Paladin Energy on Wednesday issued its 2026 financial year guidance for its Langer Heinrich uranium mine (LHM) in Namibia, projecting increased output as mining... 


Bulk carrier Kiating left Australia’s Townsville port last Wednesday carrying 8 000 metric tons of refined cargo and is destined to reach Hawaii by July 30.
Copper-laden ships race to reach US ahead of Trump’s 50% tariffs
23rd July 2025 By: Bloomberg

At least four ships carrying copper are trying to reach US ports before August to get ahead of planned import tariffs on the metal. The shipments represent the final scramble by merchants to cash... 


Woodside beats Q2 revenue estimates, exits hydrogen project as costs bite
Woodside beats Q2 revenue estimates, exits hydrogen project as costs bite
23rd July 2025 By: Reuters

Australia's Woodside Energy reported a stronger-than-expected 8% rise in second-quarter revenue on Wednesday due to robust output from Senegal's Sangomar project, but took hefty writedowns on a... 


Mantengu chairperson Jonas Tshikundamalema.
Mantengu obtains consent to take charge of Blue Ridge Platinum from August 1
22nd July 2025 By: Martin Creamer

Johannesburg Stock Exchange AltX-listed emerging mining company Mantengu has obtained consent to take charge of Blue Ridge Platinum, which is currently on care and maintenance, but on which... 


Austral to buy Glencore’s Lady Loretta zinc mine in Australia
Austral to buy Glencore’s Lady Loretta zinc mine in Australia
22nd July 2025 By: Mariaan Webb

Copper producer Austral Resources Australia on Tuesday announced a non-binding agreement to buy the Lady Loretta mine and associated exploration tenements from Glencore. The memorandum of... 


Volt's planned graphite refinery in Alabama
Volt draws down funding for US, Tanzania graphite projects
22nd July 2025 By: Mariaan Webb

ASX-listed Volt Resources has drawn A$0.5-million from its funding facility with RiverFort Global Opportunities as the graphite developer ramps up progress on projects in the US and Tanzania. The... 


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