Mining

Shares in Horizon Minerals rose by 26 per cent on Monday morning, after the junior announced it had entered into a binding ore sale agreement with Paddington Gold, a wholly-owned subsidiary of Norton Gold Fields.

International goldminer Newmont has had to stop activity at its Telfer gold mine after WorkSafe issued two prohibition notices over the Pilbara operations.

Premier Roger Cook has defended his government's decision to give Alcoa the go-ahead to mine in the South West, despite concerns from its own departments around potential environmental impact.

Gold miner Regis Resources has announced it will develop both its Garden Well Main and Rosemount Stage 3 underground mines, as its underground growth strategy gains further momentum.

Venture Minerals has appointed Tim Lindley as its non-executive chair, who will begin his new role on Monday.

Applecross-based Hot Chili will raise up to $29.9 million courtesy of a private placement, in a bid to further progression at its Costa Fuego copper-gold development in Chile, located 600km from Santiago.

Gold exploration company Predictive Discovery has announced it will raise $50 million in a bid to enhance further growth and development at its flagship Bankan gold project in Guinea.

A rising gold price in a debt-laden world is a sign investors are seeking a safe haven ahead of a looming crisis.

Shares in Caravel Minerals rose by 12 per cent on Thursday morning, following news the Subiaco-based explorer had submitted its environmental review document for the Caravel copper project to the Environmental Protection Authority.

Rio Tinto says it's already on course to be one of the leading suppliers of copper as the board keeps its powder dry on trumping BHP's tilt at Anglo American.

Wesfarmers's chemical division managing director Ian Hansen is set to retire later this year, but he will remain chairman on the group's lithium business.

Doubts over the direction of the iron ore price have fostered talk of lean times ahead for the industry.

Exploration company Anson Resources has signed a binding offtake term sheet with South Korea-based LG Energy Solution.

The hydro plant previously supplied electricity to Rio Tinto's Argyle diamond mine, until the mine was decommissioned in 2020.

Shares across several Western Australia-based uranium exploration companies rose on Wednesday, following news overnight that the US senate unanimously approved a bipartisan bill to ban Russian imports from 2028.

Cheryl Edwardes-chaired Red Hawk Mining has high hopes over its Blacksmith iron ore project in the Pilbara after completing a preliminary feasibility study.

Turaco Gold will raise $18 million to further accelerate drilling at its Afema gold project, located in eastern Côte d'Ivoire.

Poseidon Nickel says it is disappointed by a move from Mineral Resources to renegotiate the terms of its purchase of the Lake Johnston project, and will consider legal avenues.

Greatland Gold managing director Shaun Day says the company would be open to consolidating ownership of the Havieron gold-copper project if the opportunity presented itself.

The Foreign Investment Review Board has given its tick to a move from a joint venture between Gina Rinehart's Hancock Prospecting and Chilean lithium giant SQM for Azure Minerals.

Tietto Minerals has revised its recommendation to shareholders regarding a potential takeover from Hong Kong-based Zhaojin Capital.

Mining contractor Byrnecut Australia has bounced back from a challenging 2022 to post an improved net profit after tax in 2023.

A decision by Chalice Mining in January to review its expenditure appears to be paying off for the Tim Goyder-backed exploration company.

Lithium and nickel miner IGO reported a 110 per cent quarter on quarter drop in underlying earnings during the three months to March, leading it to a pre-tax loss of $15 million.

Jandakot mining services company Tasmea has made its debut on the Australian Securities Exchange after raising $59 million through an initial public offering.

Arafura Rare Earths remains confident of achieving a final investment decision for its Northern Territory-based Nolans project by the end of this year.

Canadian-listed First Quantum Minerals will fully wind down its Ravensthorpe nickel operations and cut 330 on-site jobs, as part of its response to depressed market conditions.

Liontown Resources continues to move closer to the first production of spodumene concentrate at its Kathleen Valley lithium project, following a positive March 2024 quarter.

Uranium exploration company Bannerman Energy is excited about its long-term future in the sector - on the back of a rising spot price and slight production shortfall of the commodity.

UPDATED: BHP has confirmed mega-merger talks with UK-listed Anglo American, but a potential $60 billion deal which would build the world's biggest copper miner has been rejected by its target.

Perseus Mining boss says the company has a great opportunity to reach or potentially surpass its annual production guidance of 491,000-517,000 ounces of gold for the 2024 financial year.

Lower commodity prices have played a role in Lynas Rare Earths revenue taking a hit in the March 2024 quarter, along with news that the cost of its Kalgoorlie processing facility is set to rise.