Latest Australian Resources Sector News

Victory Metals has partnered with Curtin University and the Australian Government to accelerate development of the North Stanmore Heavy Rare Earth Project, positioning Australia as a key player in critical minerals supply.

Quantum Graphite has extended its Uley 2 Project mining leases for 21 years, underpinning long-term development plans while showcasing its innovative TES Graphite Cells technology at a major energy conference. Financing discussions are progressing to potentially integrate downstream processing, signalling a pivotal phase for the company.

Victory Metals has successfully cleared a previously misregistered heritage site adjacent to its North Stanmore Heavy Rare Earth Project, opening up around 1,000 acres for exploration and potential resource expansion.

WestStar Industrial’s subsidiary SIMPEC has landed a $20 million contract to build a new Filtration Plant at Glencore’s McArthur River Mine, marking a significant step in its national expansion.

New Murchison Gold Limited reports a strong start at Crown Prince Gold Mine with 22,766 ounces produced and a robust $92 million cash balance, setting the stage for further growth in the Garden Gully Gold Project.

Babylon Pump & Power has secured a three-year contract with gold giant Newmont, promising steady revenue and reinforcing its position in the mining services sector.

Greatland Resources has released a comprehensive feasibility study for its Havieron gold-copper project, outlining a long-life, low-cost operation fully funded through cash reserves and debt facilities. The study highlights robust economics and significant upside potential.

Monadelphous Group Limited has landed a suite of new contracts worth approximately $140 million, extending its foothold in the Pilbara and beyond with BHP and Rio Tinto.

Astron Limited has achieved major milestones for its Donald Rare Earth and Mineral Sands Project, including government recognition and conditional financing, setting the stage for a Final Investment Decision by year-end.

Lord Resources has raised $814,000 through a strongly supported placement and is launching a $1.6 million entitlement issue to accelerate exploration at its Ilgarari Copper Project in Western Australia.

Monadelphous Group Limited has secured $220 million in new construction contracts in Western Australia's Pilbara region, partnering with mining giants BHP and Fortescue. These projects underscore the company's growing footprint in resource sector infrastructure and decarbonisation efforts.

WestStar Industrial's subsidiary SIMPEC has landed a $4 million contract to enhance capacity at Tianqi Lithium's Kwinana hydroxide processing plant, marking a significant step in Australia's clean energy infrastructure.