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Australasia

Exim signals support for EQR's Queensland tungsten expansion
Exim signals support for EQR's Queensland tungsten expansion
27th June 2025 By: Creamer Media Reporter

ASX-listed EQ Resources (EQR), a tungsten producer with operations in Australia and Spain, has received a letter of interest (LoI) from the Export-Import Bank of the United States (Exim) to support... 


CAML ups offer for New World Resources
CAML ups offer for New World Resources
27th June 2025 By: Mariaan Webb

London-listed Central Asia Metals (CAML) has raised its offer for Australian copper developer New World Resources, escalating a takeover battle with rival bidder Kinterra Capital. CAML late on... 


Neometals signs MoU with Rio Tinto to advance ELi lithium processing technology
27th June 2025 By: Creamer Media Reporter

ASX-listed companies Neometals and Mineral Resources have announced that their jointly owned entity, Reed Advanced Materials (RAM), has signed a non-binding memorandum of understanding (MoU) with a... 


Gold heads for weekly loss as Middle East truce saps demand
Gold heads for weekly loss as Middle East truce saps demand
27th June 2025 By: Bloomberg

Gold headed for its second consecutive weekly loss, after a ceasefire between Israel and Iran dented demand for havens. Bullion edged lower early in Asia to around $3 315 an ounce and was down... 


Alkane gains FIRB approval, ASIC relief for Mandalay deal
Alkane gains FIRB approval, ASIC relief for Mandalay deal
27th June 2025 By: Creamer Media Reporter

Australia's Alkane Resources has cleared two key regulatory hurdles in its planned acquisition of Canada's Mandalay Resources, securing approval from Australia’s Foreign Investment Review Board... 


Dale Henderson, CEO of Australian miner Pilbara.
Lithium industry bemoans 'paradox' of low prices, rising demand
27th June 2025 By: Reuters

An ongoing slide in lithium prices even as demand for the battery metal continues to climb is a frustrating "paradox" not likely to be resolved before at least 2030, the world's largest producers... 


gold bars
WGC on the warpath to digitise, standardise gold market to enhance trust, transparency
26th June 2025 By: Darren Parker

World Gold Council (WGC) CEO David Tait has highlighted how the council is addressing four major challenges in the digitisation and standardisation of the gold market, namely a lack of trust, poor... 


Ioneer begins search for new strategic partner for Rhyolite Ridge project
Ioneer begins search for new strategic partner for Rhyolite Ridge project
26th June 2025 By: Mariaan Webb

ASX- and Nasdaq-listed Ioneer has formally launched a strategic partnering process to identify a new equity partner for its Rhyolite Ridge lithium/boron project in Nevada, US. The announcement... 


Treasurer Jim Chalmers
Australia sues China-linked rare earths investors
26th June 2025 By: Reuters

Australia is suing a Chinese-linked company and a former associate over a breach of foreign investment laws linked with rare earths miner Northern Minerals, the national treasurer said on Thursday,... 


Harmony Gold CEO Beyers Nel
Gold mining in emerging markets has enabled Harmony’s expansion in Australian copper
26th June 2025 By: Darren Parker

The good momentum at Harmony Gold Mining Company’s South African and Papua‑New Guinean operations has enabled the company to replace ounces and grow the company. Even with the funding of the... 


A gold bar being poured
High costs, rising investment hit 2024 profits of top 40 global mining companies
26th June 2025 By: Natasha Odendaal

Globally, the mining sector – except the gold industry – had a challenging 2024, with declining revenues and earnings before interest, taxes, depreciation and amortisation (Ebitda) as the industry... 


Energy Fuels and Astron’s Donald rare earth JV secures regulatory approval
26th June 2025 By: Creamer Media Reporter

Uranium and critical minerals company Energy Fuels has received the final major regulatory approval required to construct and operate the Donald rare earth and mineral sand project in Victoria,... 


WA Parliament passes Bill to shift mining royalty administration to finance dept
26th June 2025 By: Creamer Media Reporter

The Western Australian Parliament has passed the Mining Amendment (Transfer of Royalty Administration) Bill 2025, paving the way for the state’s mining royalty collection and administration to move... 


Perenti MD and CEO Mark Norwell
Barminco awarded A$200m underground mining services contract at Great Fingall
26th June 2025 By: Creamer Media Reporter

Underground mining company Barminco – a subsidiary of ASX-listed Perenti – has been awarded a A$200-million contract by ASX- and TSX-listed Westgold Resources for the provision of underground... 


China to overtake Australia as world's top lithium miner by 2026, Fastmarkets says
China to overtake Australia as world's top lithium miner by 2026, Fastmarkets says
26th June 2025 By: Reuters

China by next year will overtake Australia as the world's top miner of the battery metal lithium, according to a forecast from consultancy Fastmarkets, and its market prowess is expected to grow... 


Peabody extends lockout at Helensburgh coal mine in Australia
Peabody extends lockout at Helensburgh coal mine in Australia
26th June 2025 By: Reuters

US coal producer Peabody Energy is extending a lockout at one of its New South Wales mines, Australia's Mining and Energy Union (MEU) said on Thursday, after its workers staged a protest, demanding... 


Copper extends gains as Goldman sees 2025 price peak in August
Copper extends gains as Goldman sees 2025 price peak in August
26th June 2025 By: Bloomberg

Copper extended gains for a fifth day, after Goldman Sachs Group said it expected prices to rise to a 2025 peak of around $10 050 a ton in August, as supplies outside the US tighten. Traders of... 


Sydney University Associate Professor Dr Lauren Johnston on screen top left at London Indaba.
China sees pleasing Africa as form of insurance against trade wars, London Indaba hears
25th June 2025 By: Martin Creamer

China sees pleasing Africa as a form of insurance against trade war impacts, Sydney University Associate Professor Dr Lauren Johnston spelt out at the London Indaba, the annual event organised by... 


Trigg appoints US defence adviser
25th June 2025 By: Mariaan Webb

ASX-listed Trigg Minerals has appointed former senior US Department of Defense official Ben Harris as its US defence and armaments adviser, as the company positions its Antimony Canyon project in... 


Brightstar strikes processing MoU with Paddington Gold
25th June 2025 By: Creamer Media Reporter

ASX-listed Brightstar Resources has signed a nonbinding memorandum of understanding (MoU) with Paddington Gold for the processing of ore from the Lady Shenton deposit, derisking the Menzies gold... 


New World clears key permitting hurdle for Arizona copper project
New World clears key permitting hurdle for Arizona copper project
25th June 2025 By: Mariaan Webb

Australia-listed New World Resources said on Wednesday that it had secured approval for its mined land reclamation plan for the Antler copper project in Arizona. The Arizona State Mine Inspector... 


Predictive plans 250 000 oz/y West African gold mine
Predictive plans 250 000 oz/y West African gold mine
25th June 2025 By: Mariaan Webb

Gold developer Predictive Discovery is set to build one of the "largest gold mines in West Africa in a generation" following the completion of a definitive feasibility study (DFS) for its flagship... 


BHP taps China's XCMG for mining fleet supply
25th June 2025 By: Creamer Media Reporter

Diversified miner BHP has announced a partnership with China's XCMG Mining Equipment for the delivery of mining fleet solutions across its global operations. Under an agreement framework signed... 


Dateline MD injects over A$1m in show of confidence
25th June 2025 By: Creamer Media Reporter

ASX-listed Dateline Resources said on Wednesday that MD Stephen Baghdadi had exercised more than 53-million share options, injecting over A$1.06-million into the company and increasing his stake to... 


Ian Purdy will be available to the company until the end of his notice period in mid-December.
Paladin Energy appoints new CEO
25th June 2025 By: Mariaan Webb

Uranium mining company Paladin Energy on Wednesday announced the appointment of COO Paul Hemburrow as its new MD and CEO, succeeding Ian Purdy with effect from September 1. Hemburrow, who joined... 


Vale Base Metals chairperson Mark Cutifani at the London Indaba.
Praise heaped on geological data transparency of Malawi, Nigeria at London Indaba
24th June 2025 By: Martin Creamer

There are only two countries in Africa that currently make their geological survey data open to the world. “Malawi is the first, and I believe Nigeria is the second,” Vale Base Metals chairperson... 


GBM raises A$13m, reshapes board and consolidates Twin Hills ownership
24th June 2025 By: Creamer Media Reporter

ASX-listed GBM Resources on Tuesday announced a A$13-million capital raise, a board restructure, and a strategic agreement to regain full control of its Twin Hills gold project in Queensland’s... 


A gold nugget on dollar banknotes
Central banks eye gold, euro and yuan as dollar dominance wanes
24th June 2025 By: Reuters

The custodians of trillions of dollars of global central bank reserves are eyeing a move away from the greenback into gold, the euro and China's yuan as the splintering of world trade and... 


CAML ups offer for New World
24th June 2025 By: Mariaan Webb

Copper developer New World Resources has formalised an improved takeover offer from London-listed Central Asia Metals Limited (CAML), signing a second deed of variation to its scheme implementation... 


Port Hedland
Australia’s top iron-ore export hub has busiest May on record
24th June 2025 By: Bloomberg

Iron-ore shipments from the largest bulk-export terminal set a record for the month of May, putting flows at the biggest year-to-date volumes even after weather issues curbed exports earlier in... 


IGO appoints new chief people and sustainability officer
24th June 2025 By: Creamer Media Reporter

Lithium miner IGO has appointed Suzanne (Suzy) Retallack as chief people and sustainability officer, succeeding Sam Retallack on September 15. Suzy was most recently chief safety and... 


Coal loophole undermines bank pledges to cut fossil fuel funding
Coal loophole undermines bank pledges to cut fossil fuel funding
24th June 2025 By: Bloomberg

In the parts of the financial world that have spent the decade since the Paris Agreement trying to curb the most-polluting fossil fuel, there are actually two distinct types of coal — with two very... 


Iron-ore prices flat as China demand counters Australia supply outlook
Iron-ore prices flat as China demand counters Australia supply outlook
24th June 2025 By: Reuters

Iron-ore futures prices flitted within a tight range on Tuesday, as traders weighed resilient near-term demand in China against the potential of improved supply from top producer Australia. The... 


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