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Australasia

DRDGOLD's Ergo plant.
DRDGOLD doubles final dividend on high revenue and operating profit
20th August 2025 By: Martin Creamer

Johannesburg Stock Exchange-listed DRDGOLD on Wednesday declared a final 2025 cash dividend double that of last year, reflecting an increase of 26% in group revenue to R7 878.2-million and an... 


The Kwinana refinery has been grappling with operational issues and production delays.
Tianqi open to renegotiating lithium refinery deal with Australia's IGO
20th August 2025 By: Reuters

China's Tianqi Lithium is open to renegotiating joint venture partner IGO's stake in the troubled Kwinana lithium refinery in Western Australia state, CEO Frank Ha said on Wednesday. The refinery,... 


FID at Malawi project sets Lindian on course to rare earths producer status, raises A$91.5m
FID at Malawi project sets Lindian on course to rare earths producer status, raises A$91.5m
20th August 2025 By: Mariaan Webb

Perth-based explorer Lindian Resources has locked in A$91.5-million from institutional investors and approved a final investment decision (FID) to build the first stage of its flagship Kangankunde... 


Aus firm raises A$25m for Argentina silver projects
20th August 2025 By: Mariaan Webb

ASX-listed Unico Silver has raised A$25-million through a placement to institutional and sophisticated investors, positioning the company to accelerate exploration and development at its silver... 


Gina Rinehart
Mining tycoon Rinehart joins push against costs of net zero
20th August 2025 By: Bloomberg

Mining tycoon Gina Rinehart, Australia’s richest person, has urged the country to ditch its pursuit of net zero emissions, insisting the costs of climate action will devastate sectors from... 


Arafura inches closer to Nolans FID as it raises A$80m in placement
Arafura inches closer to Nolans FID as it raises A$80m in placement
20th August 2025 By: Mariaan Webb

Australia's Arafura Rare Earths has raised about A$80-million through a two-tranche institutional placement, as the company moves closer to a final investment decision (FID) for its Nolans rare... 


Adelong, Great Divide clash over Challenger mine as JV dispute deepens
Adelong, Great Divide clash over Challenger mine as JV dispute deepens
20th August 2025 By: Mariaan Webb

Precious metals company Adelong Gold escalated its standoff with joint venture (JV) partner Great Divide Mining over the Challenger gold mine in South Australia, invoking a formal dispute... 


Lifezone founder and chairperson Keith Liddell.
Defence industry expected to spur demand for nickel as world invests in armaments
19th August 2025 By: Martin Creamer

The global defence industry is expected to stimulate considerable demand for nickel as the world invests in more armaments that require nickel-containing steels. “I think there's going to be a big... 


Balama processing plant
Syrah receives $6.5m from DFC to ramp up Balama after suspension
19th August 2025 By: Marleny Arnoldi

ASX-listed Syrah Resources and its subsidiary Twigg Exploration and Mining has received a $6.5-million disbursement from its loan with the US International Development Finance Corporation (DFC).... 


Peabody scraps Anglo American coal deal, faces arbitration threat
Peabody scraps Anglo American coal deal, faces arbitration threat
19th August 2025 By: Mariaan Webb

US coal miner Peabody Energy said on Tuesday it had terminated its planned acquisition of Anglo American’s Australian steelmaking coal business, citing a “material adverse change (MAC)” tied to a... 


Hillgrove Resources uncovers new high-grade copper-gold zone at Kanmantoo
Hillgrove Resources uncovers new high-grade copper-gold zone at Kanmantoo
19th August 2025 By: Creamer Media Reporter

ASX-listed Hillgrove Resources has reported a new high-grade copper/gold discovery at its Kanmantoo underground mine in South Australia, with early drilling suggesting potential for near-term... 


Macmahon posts record FY25 earnings, names Gregory Evans as next chair
19th August 2025 By: Mariaan Webb

Australian mining contractor Macmahon Holding on Tuesday reported record revenue and earnings on the back of its Decmil acquisition and strong mining services growth, while also unveiling a... 


silver grain
Heraeus says gold prices holding steady, silver enjoys ETF activity
19th August 2025 By: Marleny Arnoldi

Refinery services provider Heraeus says in its latest precious metals appraisal that gold will not be subject to US import tariffs that have been imposed on various countries, and that gold prices... 


Magnetic raises A$35m to advance Lady Julie gold project
19th August 2025 By: Creamer Media Reporter

Gold explorer and developer Magnetic Resources has raised A$35-million through a single-tranche placement to sophisticated, professional and institutional investors. The company will issue about... 


American Rare Earths starts test mining at Wyoming mine
19th August 2025 By: Creamer Media Reporter

ASX-listed American Rare Earths (ARR) has begun test mining at its Cowboy State Mine (CSM) in Wyoming as part of a plan to supply feedstock for a demonstration plant. Through its US subsidiary... 


Woodside cuts exploration, shifts focus to $39bn project pipeline after profit drop
Woodside cuts exploration, shifts focus to $39bn project pipeline after profit drop
19th August 2025 By: Reuters

Woodside Energy said on Tuesday it will scale back exploration efforts and prioritise its $39-billion project pipeline to strengthen its balance sheet, after depreciation and decommissioning costs... 


Santos flags delay in finalising ADNOC-led offer beyond deadline
Santos flags delay in finalising ADNOC-led offer beyond deadline
19th August 2025 By: Reuters

Australia's Santos said on Tuesday that Abu Dhabi's National Oil Company (ADNOC)-led international consortium would not be able to finalise an $18.7-billion takeover bid for at least another four... 


BHP CEO Mike Henry says China and India demonstrate resilient economic and commodity demand growth.
BHP’s Henry sees resilient China, India commodity demand
19th August 2025 By: Mariaan Webb

Diversified mining major BHP Group expects demand for raw materials to remain strong despite global policy uncertainty, with CEO Mike Henry highlighting resilient growth in China and India and an... 


Gold bars
UBS raises gold target price for end-March 2026 by $100 to $3 600/oz
19th August 2025 By: Reuters

UBS on Monday raised its gold target price for end-March 2026 by $100 to $3 600 per ounce as persistent US macroeconomic risks, de-dollarization trends, and strong investment demand — especially... 


New Hope coal output rises 18% despite weather-hit Bengalla mine
New Hope coal output rises 18% despite weather-hit Bengalla mine
18th August 2025 By: Mariaan Webb

Australia’s New Hope has reported an 18% jump in saleable coal production on Monday, buoyed by strong performance at its New Acland mine, even as severe weather and logistics constraints hit output... 


Tungsten Mining starts study on staged Mt Mulgine development
18th August 2025 By: Creamer Media Reporter

ASX-listed Tungsten Mining has kicked off a scoping study to evaluate a staged development approach at its Mt Mulgine project in Western Australia, combining a potential start-up oxide gold... 


Alkane largely debt-free as it repays A$45m facility
Alkane largely debt-free as it repays A$45m facility
18th August 2025 By: Creamer Media Reporter

Australia’s Alkane Resources said on Monday it had fully repaid a A$45-million project finance facility used to expand its Tomingley gold operations in New South Wales, leaving the miner largely... 


MAC Copper clears final regulatory hurdle in Harmony takeover
MAC Copper clears final regulatory hurdle in Harmony takeover
18th August 2025 By: Creamer Media Reporter

NYSE- and ASX-listed MAC Copper said on Monday that Australia’s Foreign Investment Review Board (FIRB) had cleared Harmony Gold Mining Company’s proposed acquisition of the company, satisfying all... 


CrossBoundary 16 MW solar farm for QIT Madagascar Minerals mine.
Mining energy supplier secures $40m from Denmark to fund greener Africa
18th August 2025 By: Martin Creamer

Mining energy supplier CrossBoundary has secured a $40-million investment from Impact Fund Denmark to expand its portfolio of clean energy projects across Africa. The investment supports... 


Lexington expands conceptual study scope in South Africa, completes diamond drilling at US project
18th August 2025 By: Sabrina Jardim

Aim-listed Lexington Gold has reported that the scope of a conceptual-level study of the Jelani Resources joint venture (JV) project, in South Africa, by Bara Consulting has been expanded to... 


Resolution only recently acquired the Horse Haven tungsten project.
Resolution enters two-week deal exclusivity with Snow Lake for US antimony project
18th August 2025 By: Creamer Media Reporter

Australian explorer Resolution Minerals has entered a short-term exclusivity agreement with Nasdaq-listed Snow Lake Resources for its recently acquired Horse Heaven antimony/tungsten/gold/silver... 


An image of the Prieska copper/zinc mine
Orion raises A$1.93m, with strong South African investor support
18th August 2025 By: Tasneem Bulbulia

JSE- and ASX-listed Orion Minerals’ share purchase plan (SPP), which closed on August 12, has raised A$1.93-million, or about R22.2-million. Under the SPP, each eligible shareholder was entitled to... 


Charger defines maiden lithium resource at Medcalf deposit
18th August 2025 By: Creamer Media Reporter

ASX-listed Charger Metals on Monday reported a maiden mineral resource estimate (MRE) for its Medcalf lithium deposit at the Lake Johnston project in Western Australia, highlighting the potential... 


The Muga project in Spain
China’s Minmetals pulls plug on investment in Highfield
18th August 2025 By: Mariaan Webb

Australia-listed Highfield Resources faced a significant setback on Monday after China Minmetals and its subsidiary Qinghai Salt Lake Industry (QSL) formally declined to proceed with a proposed... 


The Lion Ferrochrome Smelter.
Ferrochrome: In my view, we’re fairly close to possible solution – Glencore Alloys CEO
15th August 2025 By: Martin Creamer

“We are, in my view, fairly close to a possible solution,” Glencore Alloys CEO Japie Fullard said during Merafe Resources question time earlier this week amid South Africa going all out to prevent... 


Gruyere mine, in Australia
Gold Road confirms shareholders will vote on takeover by Gold Fields in Sept
15th August 2025 By: Marleny Arnoldi

ASX-listed Gold Road Resources has confirmed that a scheme booklet related to an entity of Gold Fields acquiring all of Gold Road’s shares has been registered with the Australian Securities and... 


Iron-ore stockpiles
Iron-ore set for weekly decline on China's weakening property demand
15th August 2025 By: Reuters

Iron-ore futures slipped on Friday, on track for a weekly loss, as property demand in China weakened. The most-traded January iron-ore contract on China's Dalian Commodity Exchange (DCE) DCIOcv1... 


Rare earth oxides
China warns western companies against stockpiling rare earths, FT reports
15th August 2025 By: Reuters

China is warning western companies against stockpiling rare earths or risk even greater shortages, as Beijing tightly controls supply of the metals that are vital for electric vehicles and other... 


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