Latest Mining News

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Sheffield Resources delivered a standout quarter with record mineral sands shipments and positive operating cashflow from its Thunderbird Mine joint venture, setting the stage for a significant production increase by 2027.
Maxwell Dee
Maxwell Dee
22 Apr 2025
Aston Minerals Limited (ASO) and Torque Metals Limited (TOR) have agreed to merge via court-approved schemes, combining gold resources across Australia and Canada. The merger, recommended by ASO’s board and supported by an independent expert, awaits shareholder and court approval.
Maxwell Dee
Maxwell Dee
17 Apr 2025
Genesis Minerals has reported a 12% increase in Ore Reserves to 3.7 million ounces, including a maiden 370,000-ounce Reserve at Westralia open pit, underpinning its 'ASPIRE 400' strategy to boost production ahead of schedule.
Maxwell Dee
Maxwell Dee
8 Apr 2025
De Grey Mining Ltd proposes a scheme of arrangement for acquisition by Northern Star Resources Ltd, offering a 37.1% premium and resulting in a 20% stake for De Grey shareholders in the merged group. The scheme booklet, including an Independent Expert's Report by KPMG, concludes the scheme is fair and reasonable and in the best interests of De Grey shareholders, subject to no superior proposal.
Maxwell Dee
Maxwell Dee
11 Mar 2025
Minerals 260 Limited has launched a $200-$220 million public offer to fund the acquisition of the Bullabulling Gold Project in Western Australia, featuring a 2.3 million ounce JORC-compliant resource. The company seeks ASX re-admission following a significant change in scale of activities.
Maxwell Dee
Maxwell Dee
28 Feb 2025
Newmont Corporation’s 2024 Annual Report reveals a robust financial performance fueled by higher metal prices and the strategic acquisition of Newcrest Mining. The company also embarks on a major portfolio reshaping with planned divestitures of six non-core assets.
Maxwell Dee
Maxwell Dee
24 Feb 2025
Iluka Resources has released its inaugural Mineral Resource estimate for the Goschen South deposit in Victoria, revealing a substantial 630 million tonnes grading 3.7% heavy minerals. This discovery positions Iluka to significantly enhance feedstock supply for its pioneering rare earth refinery at Eneabba.
Maxwell Dee
Maxwell Dee
19 Feb 2025
Iluka Resources reported a solid FY 2024 with $1.13 billion in mineral sands revenue and a net profit of $231 million, while advancing key projects like Balranald and Eneabba refinery.
Maxwell Dee
Maxwell Dee
19 Feb 2025
Iluka Resources posted a solid 2024 performance with stable market conditions and sound margins despite inflationary pressures, while progressing key projects like Balranald and Eneabba.
Maxwell Dee
Maxwell Dee
19 Feb 2025
Iluka Resources Limited has announced a fully franked ordinary dividend of AUD 0.04 per share for the financial year ending December 31, 2024, with key dates set for March 2025.
Victor Sage
Victor Sage
19 Feb 2025
Iluka Resources reported a 32% drop in net profit after tax to $231 million for 2024, while securing critical funding for its Eneabba rare earths refinery and progressing the Balranald mine development.
Maxwell Dee
Maxwell Dee
19 Feb 2025
Mineral Resources Limited reported a challenging FY25 half-year with a 9% revenue decline and a 55% drop in underlying EBITDA, yet its Mining Services segment and Onslow Iron project show promising growth trajectories.
Maxwell Dee
Maxwell Dee
18 Feb 2025