Diversified miner Mineral Resources says its in-house operations model has allowed it to keep its lithium business profitable and cash flow positive, despite depressed market conditions.
Fortescue Metals Group will need to spend an extra $US100 million to repair a faulty water pipeline at its Iron Bridge project but has otherwise reported strong half-year production results.
An urgent meeting between battery metal bosses and politicians must result in measures to reduce costs and improve efficiency to stave off further pain in the sector, WA’s peak resources lobby says.
Uranium explorer Bannerman Energy said it was considering various funding sources to add value to its flagship Etango project, located in western Namibia.
Recent power outages in Kalgoorlie have failed to deter Northern Star Resources from remaining on course to achieve its production guidance for the 2024 financial year, according to managing director Stuart Tonkin.
Cottesloe analyst Cameron Waugh has pleaded guilty to insider trading in Genesis Minerals' shares while a string of other charges against him was dismissed.
The average realised price of spodumene concentrate from Pilbara Minerals’ Pilgangoora lithium project fell 50 per cent in the December quarter, but the company is optimistic about the commodity’s future.
Oil and gas exploration company Invictus Energy is set to raise $15.2 million in a bid to expand operations at its Cabora Bassa project in northern Zimbabwe.
Iluka Resources announced on Tuesday that its mineral sands sales over 2023 were down by 139,100 tonnes from the previous year, despite a production increase of 47,800 tonnes during the period.
Chris Ellison’s Mineral Resources has boosted its stake in Kali Metals to 14 per cent, about a week after acquiring an almost 10 per cent shareholding.
BHP’s Nickel West division has revealed it will move part of a processing operation in Kambalda to care and maintenance after Wyloo Metals – a major customer – stopped mining nearby.
Toro Energy is poised to further develop its flagship Wiluna uranium project after announcing on Monday it had successfully completed a $12.3 million capital raising.
