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Australasia

Larvotto rejects $373m takeover offer on valuation concerns
Larvotto rejects $373m takeover offer on valuation concerns
27th October 2025 By: Reuters

Australia's Larvotto Resources said on Monday it had rejected a non-binding indicative offer received last week from United States Antimony Corporation, valuing the miner at about A$722.9-million... 


Harmony CEO Beyers Nel
Harmony completes $1bn acquisition of CSA copper mine in Australia
24th October 2025 By: Mariaan Webb

South African gold miner Harmony Gold has completed the $1.01-billion acquisition of MAC Copper, the owner of the high-grade CSA copper mine in New South Wales, Australia, giving the company... 


Rio Tinto concludes board renewal phase with key leadership adjustments
24th October 2025 By: Creamer Media Reporter

Diversified mining major Rio Tinto has announced several changes to its board, completing a transitional phase designed to balance continuity with renewal. The board size, which peaked at 14... 


Venetia senior GM Ntokozo Ngema pointing out impressive Venetia infrastructure to Mining Weekly’s Martin Creamer.
Venetia mine is sparkling as brightly as the diamonds it brings to surface
24th October 2025 By: Martin Creamer

The successful transition from opencast mining to underground mining is being achieved with considerable aplomb at Venetia Diamond Mine, which Mining Weekly has just visited. De Beers’ $2.3-billion... 


Gold bars
Gold funds saw record weekly inflow as prices surged
24th October 2025 By: Reuters

Gold funds received their largest weekly inflow on record in the week to Wednesday, Bank of America Global Research said in a note citing EPFR data, a week in which the precious metal's price... 


Pilbara Minerals Q1 production rises on improved plant performance
Pilbara Minerals Q1 production rises on improved plant performance
24th October 2025 By: Reuters

Australia's Pilbara Minerals logged a 2.1% rise in spodumene concentrate for the first quarter on Friday, driven by stable output from its Pilgangoora operations in Western Australia. The... 


Mount Gibson dumps annual sales outlook as rockfall forces Koolan Island mine shutdown
Mount Gibson dumps annual sales outlook as rockfall forces Koolan Island mine shutdown
24th October 2025 By: Reuters

Mount Gibson Iron withdrew its fiscal 2026 sales guidance on Friday after determining it was no longer viable to resume mining at its Koolan Island operations in Western Australia, following a... 


Whitehaven Coal misses production estimates, sees long-term demand
Whitehaven Coal misses production estimates, sees long-term demand
24th October 2025 By: Reuters

Whitehaven Coal missed market estimates for quarterly production on Friday, sending its shares lower, even as the miner said it expected metallurgical coal prices to find support in the long term... 


Tom Palmer will retire as Newmont CEO at the end of the year.
Cost discipline pays off for Newmont amid record cash generation
24th October 2025 By: Mariaan Webb

NYSE- and ASX-listed Newmont generated a record $1.6-billion in free cash flow in the third quarter of 2025 – its fourth consecutive quarter above the $1-billion mark – as strong operational... 


Northern Star delivers solid September quarter, maintains outlook
Northern Star delivers solid September quarter, maintains outlook
23rd October 2025 By: Mariaan Webb

Gold miner Northern Star Resources has reported gold sales of 381 055 oz at an all-in sustaining cost (AISC) of A$2 522/oz for the September 2025 quarter, with its growth and capital programmes... 


TGME gold project in Mpumalanga.
Mpumalanga gold plant build accelerates, contractors mobilised, ground broken
23rd October 2025 By: Martin Creamer

The pace of the gold plant build of the TGME gold mine project in South Africa’s Mpumalanga province is stepping up, with contractors mobilised and construction underway at the carbon-in-leach... 


Gold bars
JP Morgan sees gold prices averaging $5 055 per ounce by late 2026
23rd October 2025 By: Reuters

JP Morgan analysts on Thursday maintained a bullish outlook on gold, forecasting prices could reach an average of $5,055 per ounce by the fourth quarter of 2026. The forecast is based on "demand... 


Raubex flags 10% to 20% lower earnings for six months to end August 2025
23rd October 2025 By: Schalk Burger

JSE-listed infrastructure development and construction materials supply company Raubex, in a trading statement, says it expects its earnings a share (EPS) and headline earnings a share (HEPS) for... 


Stephen Pearce will succeed Karen Wood as South32 chairperson.
Pearce to take reins from Wood, steering South32 through CEO transition
23rd October 2025 By: Mariaan Webb

Diversified miner South32 has announced that Karen Wood will retire from the board in February 2026, with Stephen Pearce elected to succeed her following a formal succession process. Pearce, who... 


Mike Henry speaking at BHP's annual general meeting on Thursday.
Australia risks being ‘flat-footed’ in competition for mining capital, says BHP
23rd October 2025 By: Mariaan Webb

Diversified miner BHP CEO Mike Henry has warned that Australia risks being “flat-footed” in the global race for mining investment as competing nations accelerate reforms to attract capital and... 


Merger forms new Canada-focused critical minerals developer
23rd October 2025 By: Creamer Media Reporter

ASX-listed Mont Royal Resources and TSX-V-listed Commerce Resources have completed their merger, creating a Quebec-focused critical minerals exploration and development company. The transaction,... 


Agrimin to withdraw from WA potash project following strategic review
Agrimin to withdraw from WA potash project following strategic review
23rd October 2025 By: Mariaan Webb

ASX-listed Agrimin Limited has decided to withdraw from its Mackay potash project, in Western Australia, following a strategic review that concluded continued investment in the sulphate of potash... 


Jindalee evaluates high-value magnesium by-product at McDermitt
23rd October 2025 By: Creamer Media Reporter

ASX- and OTCQX-listed Jindalee Lithium has launched a value optimisation programme to evaluate the recovery of magnesium as a potential by-product from its 100%-owned McDermitt lithium project, in... 


Woodside enlists Williams as investor for Louisiana LNG as construction ramps up
23rd October 2025 By: Reuters

Australia's Woodside Energy has enlisted US-based Williams as an investor and pipeline operator of its Louisiana liquefied natural gas plant, to tap its infrastructure experience and ease cost... 


Fortescue's Q1 iron-ore shipments rise, maintains fiscal 2026 outlook
Fortescue's Q1 iron-ore shipments rise, maintains fiscal 2026 outlook
23rd October 2025 By: Reuters

Australia's Fortescue posted a 4.2% rise in first-quarter iron-ore shipments on Thursday as the firm logged a record for first-quarter production on the back of higher hematite shipments. Its... 


Sibanye-Stillwater executive VP stakeholder relations Thabisile Phumo.
Gold, platinum community upliftment highlighted by Sibanye-Stillwater
22nd October 2025 By: Martin Creamer

Gold and platinum mining company Sibanye-Stillwater on Wednesday highlighted its expansive array of community development projects that are contributing to a future where near-mine communities are... 


Gold sags after flash crash, stocks bulls take a breather
Gold sags after flash crash, stocks bulls take a breather
22nd October 2025 By: Reuters

Gold and silver prices remained jittery on Wednesday after the sharpest pullback in over five years, while global equity and bond markets were taking a breather from recent rallies. Gold, which... 


The Pinnacles zinc mine
Broken Hill Mines raises A$38.5m to accelerate Rasp, Pinnacles growth strategy
22nd October 2025 By: Creamer Media Reporter

ASX-listed Broken Hill Mines (BHM) has secured firm commitments to raise A$38.5-million through a share placement aimed at accelerating growth initiatives across its Rasp and Pinnacles operations... 


Miramar to sell Randalls project
22nd October 2025 By: Mariaan Webb

ASX-listed Miramar Resources has agreed to sell its Randalls project, near Kalgoorlie in Western Australia, to fellow-listed Future Battery Minerals (FBM) under a deal valued at up to A$800 000 in... 


Santos ex-finance chief blames 'untenable' leadership environment for exit
22nd October 2025 By: Reuters

Former Santos CFO Sherry Duhe says she left Australia's second largest gas producer after just a year due to an "untenable leadership environment" and her differences with long-standing chief... 


Rio Tinto weighs asset-for-equity swap with Chinalco to end governance gridlock, sources say
Rio Tinto weighs asset-for-equity swap with Chinalco to end governance gridlock, sources say
22nd October 2025 By: Reuters

Rio Tinto is exploring a potential asset-for-equity swap with Chinalco that would trim the Chinese investor's 11% stake, freeing up Rio to resume buybacks and pursue new strategic deals, three... 


Australian mining magnet Gina Rinehart
Saudi Arabia lures Macquarie, Rinehart in courtship of Australia
22nd October 2025 By: Bloomberg

Saudi Arabia is ramping up efforts to deepen ties with Australia — a country with which it has traditionally done limited business — as the kingdom seeks to capitalise on fresh momentum from deals... 


Woodside Energy hits two-week high after raising 2025 output forecast
Woodside Energy hits two-week high after raising 2025 output forecast
22nd October 2025 By: Reuters

Shares of Australia's Woodside Energy rose to a two-week high on Wednesday after it raised its fiscal 2025 production forecast, even as third-quarter revenue fell 9.4% on lower average realised... 


Hillside Aluminium in Richards Bay, KwaZulu-Natal.
South Africa’s Hillside aluminium production holds steady as smelter tests capacity
21st October 2025 By: Martin Creamer

In the three months to September 30, production at South Africa’s Hillside Aluminium in Richards Bay, KwaZulu-Natal, increased by 1% to 181 000 t amid the smelter continuing to test maximum... 


Shaakichiuwaanaan exploration camp
PMET publishes feasiblity study for Shaakichiuwaanaan
21st October 2025 By: Creamer Media Reporter

TSX- and ASX-listed PMET Resources has completed a feasibility study for its Shaakichiuwaanaan lithium project in Quebec’s Eeyou Istchee James Bay region, defining a maiden probable mineral reserve... 


Export Finance Australia backing for A$520m Donald project
Export Finance Australia backing for A$520m Donald project
21st October 2025 By: Mariaan Webb

TSX-listed Energy Fuels and ASX-listed Astron have received an endorsement for their A$520-million Donald rare earth and mineral sands project in Victoria, with Australia’s export credit agency,... 


A rare earths facility operated by Lynas in Australia
Goldman Sachs flags risk of disruption in supply of rare earths, key minerals
21st October 2025 By: Reuters

Goldman Sachs flagged mounting risks to global supply chains of rare earths and other critical minerals, emphasising China's dominance in mining and refining, and outlining challenges for nations... 


BHP CEO Mike Henry
BHP starts FY strong as copper and iron-ore output lift in tightening markets
21st October 2025 By: Mariaan Webb

Commodities giant BHP has made what CEO Mike Henry described as “a strong start to the year”, with solid operational performance and record output from key assets underpinning a constructive... 


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