Latest Mining News

Deterra Royalties reported a 10% rise in underlying EBITDA to $250 million for FY25, driven by record iron ore volumes and strong gold offtake revenue. The company declared a fully franked 13 cent final dividend and is progressing construction at the Thacker Pass lithium project, targeting production in late 2027.

Deterra Royalties reported a 10% revenue increase for FY25, driven by record Mining Area C production and progress at the Thacker Pass lithium project. The company maintains a strong dividend payout while balancing growth investments.

Deterra Royalties delivered a robust FY25 with a 10% revenue increase and a strategic acquisition that diversifies its commodity exposure. The company’s flagship iron ore royalty remains a strong cash generator as the Thacker Pass lithium project moves into construction.

Encounter Resources reports exceptional rare earth and niobium assay results from diamond drilling at its Crean prospect, reinforcing the Aileron project's status as a critical minerals hotspot in Western Australia.

SRG Global Limited has reported a landmark FY25 with revenue surpassing $1.3 billion and net profit rising 38%, driven by strategic acquisitions and robust contract wins across Australia and New Zealand.

Macmahon Holdings has posted record FY25 results, buoyed by Decmil integration and strong mining contract wins, while raising its FY26 revenue and earnings guidance.

Macmahon Holdings Limited has reported a strong financial year with a 19.5% revenue increase and a near 39% jump in profit after tax, underpinning higher dividends for shareholders.

Resouro Strategic Metals launches a CAD 2 million private placement to fund engineering work advancing its Tiros project in Brazil, marking a key step toward a Preliminary Economic Assessment.

Monadelphous Group Limited reported a robust 12% revenue increase to $2.27 billion and a 35% rise in net profit, driven by strong demand across resources and energy sectors and a record $2.5 billion in new contracts.

Kaili Resources addresses ASX price query following a dramatic surge in its share price and trading volume, attributing the movement to its recent rare earth element drilling approval in South Australia.

European Metals Holdings has secured a crucial funding pathway to complete the Definitive Feasibility Study for its Cinovec Lithium Project, combining a A$3 million placement with non-dilutive refinancing options to meet its €5.39 million share of a €11 million cash call.

MAC Copper has secured Foreign Investment Review Board approval, satisfying all regulatory conditions for its acquisition by Harmony Gold’s Australian subsidiary. The deal now awaits shareholder votes and court sanction to proceed.