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Australasia

ADNOC-led consortium pulls bid for Australia's Santos
ADNOC-led consortium pulls bid for Australia's Santos
Updated 6 hours ago By: Reuters

Abu Dhabi National Oil Company's international investment arm XRG said on Wednesday that an investor group it was leading had withdrawn an indicative $18.7-billion offer to buy Australian gas... 


Orion CEO Tony Lennox.
Prieska copper project uplifted by Glencore's financing and offtake term sheet
17th September 2025 By: Martin Creamer

Orion Minerals’ Prieska copper/zinc mine, in South Africa’s well-endowed Northern Cape, has received a prospective financing and offtake uplift through the signing of a non-binding term sheet with... 


Deutsche Bank raises 2026 gold forecast to $4 000 as bullion hits record highs
Deutsche Bank raises 2026 gold forecast to $4 000 as bullion hits record highs
17th September 2025 By: Reuters

Deutsche Bank raised its gold price forecast by $300 for next year to an average of $4 000/oz on Wednesday, due to strong central bank demand, potential US dollar weakness and a resumed Federal... 


Northern Territory Minister for Mining and Energy Gerard Maley
Tivan secures Molyhil project to advance Central Australian critical minerals precinct
17th September 2025 By: Mariaan Webb

Critical minerals company Tivan has strengthened its foothold in Central Australia with the A$8.75-million acquisition of the Molyhil tungsten/molybdenum project, in a deal welcomed by the Northern... 


Ferrochrome smelting.
Provided power costs are fixed, Chrome SA ready to be part of ferrochrome solution
17th September 2025 By: Martin Creamer

South Africa needs both a competitive mining sector and a strong manufacturing base but supporting one sector by undermining another is an unsustainable strategy, Chrome SA has cautioned in a... 


The Shaakichiuwaanaan exploration camp
Patriot to rebrand as PMET Resources, reflecting critical minerals focus
17th September 2025 By: Creamer Media Reporter

Patriot Battery Metals will change its name to PMET Resources this week, marking what it describes as the next stage in its evolution into a diversified global critical minerals company. The... 


Syrah's Vidalia facility
Syrah Resources gets Tesla reprieve in graphite supply deal
17th September 2025 By: Reuters

Australia's Syrah Resources said on Wednesday that it has agreed with Tesla to extend the deadline to address an alleged breach of their critical graphite supply agreement, buying the miner... 


BHP to suspend operations, cut jobs at Australian coking coal mine
BHP to suspend operations, cut jobs at Australian coking coal mine
17th September 2025 By: Reuters

BHP will suspend operations and cut 750 jobs at a Queensland coking coal mine it shares with a unit of Mitsubishi, blaming low prices and high state government royalties that have dented its... 


Magnetic secures mining leases for Lady Julie gold project
16th September 2025 By: Creamer Media Reporter

ASX-listed Magnetic Resources has received approval for all mining leases covering its Lady Julie gold project (LJGP) in Western Australia, marking a key step as the company advances the project... 


Anglo's Los Bronces copper mine.
Anglo frees ‘at least’ $5bn as it locks arms with next-door-neighbour copper mine
16th September 2025 By: Martin Creamer

At least $5-bilion has been liberated by Johannesburg-listed Anglo American carrying out a joint mine plan with an adjacent copper operator in South America. Becoming one are Anglo American Sur’s... 


An offshore oil rig
Global oil and gas field decline rates are increasing, IEA says
16th September 2025 By: Reuters

The natural rate of decline in output from the world's oil and gas fields is speeding up, owing to more reliance on shale and deep offshore resources, the International Energy Agency (IEA) said on... 


Exim signals financing interest in Syerston scandium project
16th September 2025 By: Creamer Media Reporter

ASX- and OTC-listed Sunrise Energy Metals has received a letter of interest (LoI) from the Export-Import Bank of the United States (Exim) for up to $67-million (A$103-million) in potential debt... 


North American Lithium in Quebec
Sayona study backs NAL expansion with lower costs, higher returns
16th September 2025 By: Creamer Media Reporter

ASX- and Nasdaq-listed Sayona Mining has released the results of a scoping study into the expansion of its North American Lithium (NAL) operation in Québec, confirming improved economics through... 


Aerial view of the Ngualla Hill
Peak dismisses US suitor, backs Shenghe scheme
16th September 2025 By: Mariaan Webb

ASX-listed Peak Rare Earths has rejected an unsolicited approach from US-based General Innovation Capital Partners (GICP), reaffirming its support for a proposed A$195-million takeover by Shenghe... 


Gold bars
Gold uptrend intact, but due for correction before topping $4 000 in 2026
16th September 2025 By: Reuters

Gold's stellar rally to successive record highs shows every sign of continuing for the rest of the year, but a healthy correction is on the cards before breaching the $4 000/oz milestone in 2026,... 


Paladin launches A$300m equity raising to fund PLS uranium project
Paladin launches A$300m equity raising to fund PLS uranium project
16th September 2025 By: Mariaan Webb

Uranium miner Paladin Energy has unveiled plans for a fully underwritten equity raising of A$300-million to support the development of its Patterson Lake South (PLS) uranium project in Canada,... 


New Hope focused on organic growth; no plans to pursue Anglo assets
New Hope focused on organic growth; no plans to pursue Anglo assets
16th September 2025 By: Reuters

Australia's New Hope said on Tuesday it is focused on organic growth and does not plan to compete for Anglo American's Australian coal mines, after reporting earnings that were cushioned from a... 


Yellowcake produced at the Lance project, in Wyoming.
Peninsula produces first yellowcake at Lance project
16th September 2025 By: Creamer Media Reporter

ASX-listed Peninsula Energy on Tuesday announced it had achieved first dried yellowcake production from its expanded Lance central processing plant (CPP) in Wyoming, US. The achievement follows... 


St Barbara tax reassessment paves way for Simberi lease extension
15th September 2025 By: Creamer Media Reporter

ASX-listed St Barbara on Monday said Papua New Guinea’s (PNG’s) Internal Revenue Commission (IRC) would revoke tax assessments issued in December 2024 and reissue revised reassessments as early as... 


United Nations Climate Change Executive Secretary Simon Stiell.
South Africa’s coal-to-clean funding support highlighted in UN Climate Change release
15th September 2025 By: Martin Creamer

South Africa's just transition that protects workers and communities while scaling-up renewables to strengthen energy security is being held up as an example of climate mitigation advance by the UN... 


Savannah Resources raises lithium reserve estimate at Portugal mine project by 40%
Savannah Resources raises lithium reserve estimate at Portugal mine project by 40%
15th September 2025 By: Reuters

London-listed Savannah Resources said on Monday it has increased its estimate for the reserves of its lithium mine project in northern Portugal by 40% after completing additional prospecting work.... 


BHP CEO Mike Henry
Australia 'outcompeted' for global capital, BHP warns
15th September 2025 By: Mariaan Webb

Diversified miner BHP has urged the Australian government to adopt tax and regulatory reforms that would make the country more competitive for global investment, warning that current policy... 


CEO Mike Henry and CFO Vandita Pant answering shareholder questions.
BHP flags organic copper growth, US allure, silent on big buyouts
15th September 2025 By: Reuters

The world's biggest mining company, BHP, touted its solid copper potential and flagged the investment appeal of the United States on Monday, but was silent on the prospect of major buyouts, as top... 


St Barbara explores Touquoy restart as Nova Scotia strengthens permitting regime
St Barbara explores Touquoy restart as Nova Scotia strengthens permitting regime
15th September 2025 By: Mariaan Webb

Gold miner St Barbara has welcomed improvements to the permitting environment in Nova Scotia, Canada, announcing on Monday that it had withdrawn its Supreme Court appeal over reclamation conditions... 


Mongolia backs PPP road project supporting Aspire’s Ovoot coal mine
12th September 2025 By: Creamer Media Reporter

Australia's Aspire Mining on Friday said the Mongolian Cabinet had endorsed the Murun–Uliastai highway project under a build–operate–transfer public–private partnership (PPP) agreement, a move the... 


Hive Hydrogen programme director Trevor Donian, AMDA Developments CEO Piero Granelli, Hive Hydrogen head of development Zander van der Walt, Hive Energy Africa CEO Colin Loubser, and Hive Hydrogen legal director Benji Mothibedi.
South Africa's R105bn hydrogen project advances to front-end engineering design stage
12th September 2025 By: Martin Creamer

Following go-ahead for the required renewable energy generation, South Africa’s R105-billion Coega Green Ammonia project in Nelson Mandela Bay has now advanced to front-end engineering design... 


South Deep gold mine with solar panels
Gold miners cut direct emissions below 30Mt CO₂e for first time in a decade, report shows
12th September 2025 By: Darren Parker

Combined scope 1 and 2 greenhouse-gas (GHG) emissions from the world’s largest gold producers fell below 30-million tonnes of carbon dioxide equivalent (CO₂e) in 2024, marking the first time since... 


Gold bars
UBS raises gold price target to $3 800/oz by end-2025
12th September 2025 By: Reuters

UBS raised on Friday its gold price forecast by $300 to $3 800 per ounce by the end of 2025 and by $200 to $3 900 by mid-2026, citing anticipated Federal Reserve easing and dollar weakness linked... 


Element 25 raises A$10m for WA manganese expansion, US battery push
Element 25 raises A$10m for WA manganese expansion, US battery push
12th September 2025 By: Mariaan Webb

Australia's Element 25 said on Friday it had secured firm commitments for a A$10-million share placement to help fund an expansion of its Butcherbird manganese project in Western Australia and... 


Askari divests Burracoppin gold project to Forrestania to sharpen African focus
Askari divests Burracoppin gold project to Forrestania to sharpen African focus
12th September 2025 By: Creamer Media Reporter

ASX-listed Askari Metals has signed a binding share sale agreement with Forrestania Resources to divest its Burracoppin gold project in Western Australia for A$700 000, paving the way for the... 


World Platinum Investment Council Director of Research Edward Sterck.
Demand for platinum as an investment product is 'extremely strong'
11th September 2025 By: Martin Creamer

The demand for platinum as an investment product is currently “extremely strong”.. “We’re seeing Chinese consumers who are looking for hard assets that are also liquid. With the increase in the... 


Highfield terminates project finance facility as lenders exit
Highfield terminates project finance facility as lenders exit
11th September 2025 By: Mariaan Webb

Highfield Resources, the Australian potash company behind the Muga potash project in northern Spain, has fully terminated its senior secured project finance facility after the last lenders, ING,... 


Altair positive following initial court round in dispute with BHP over Olympic Domain
Altair positive following initial court round in dispute with BHP over Olympic Domain
11th September 2025 By: Mariaan Webb

ASX-listed Altair Minerals said on Thursday it had secured a favourable outcome at an initial hearing in the South Australian Wardens Court, as the junior explorer defends its rights over the... 


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