Author: Chloe Coutinho

MinRes board shrinks Mineral Resources’ (ASX: MIN) Justin Langer has resigned as an independent non-executive director of the MinRes board. Mr Langer joined the MinRes Board in January 2023 and was most recently a member of the Nomination, Remuneration and People, Sustainability, and Ethics and Governance committees. Mr Langer says it has been a privilege to serve on the MinRes board during a period of significant challenges and change for the company. “MinRes is a strong and resilient business with a high-performance culture,” he said. “I have been inspired by the dedication, passion and commitment of its people. Since he joined the MinRes Board more than two...

WA opens new exploration funding round The WA Government has opened applications for Round 32 of the Exploration Incentive Scheme (EIS), which continues to support innovative exploration across the state. By co-funding exploration drilling, geophysics and energy analysis, the EIS aims to help companies take on high-risk, high-reward projects in underexplored and remote regions. WA Mines and Petroleum Minister David Michael says the WA Government is driving mineral exploration across WA to secure the state’s future as a global leader in mining — particularly in the critical minerals essential to the clean energy transition. "By working closely with industry and regional communities, we're accelerating...

Alkane and Mandalay merge Alkane Resources (ASX: ALK) and Canada’s Mandalay Resources have finalised their merger, creating a dual-listed gold and antimony producer with operations in Australia and Sweden. The company’s three cash-generating assets are located in premier mining jurisdictions and are each supported by robust organic growth opportunities, according to Alkane. The combined company is an established 160,000oz gold equivalent producer, with plans to rise to over 180,000oz gold equivalent in 2026. Alkane managing director Nic Earner says this merger represents a significant step forward for both companies. “By combining our complementary portfolios,...

Macmahon secures $144m in new contracts Decmil, a subsidiary of Macmahon Holdings (ASX: MAH), has secured new civil contract awards with HanRoy, Rio Tinto (ASX: RIO) and Glencore. HanRoy has awarded Decmil a $104m contract for HanRoy’s Marble Bar Road Upgrade Project in WA. The contract for sections 5 and 2B covers about 46km of road construction upgrade works to Main Roads WA standards on Marble Bar Road. Works are expected to commence in August 2025 for an eight-month period. Decmil managing director and chief executive Michael Finnegan comments on the award. “We are very pleased to have been awarded additional works at the...

NSW Resources Regulator’s new compliance priorities The NSW Resources Regulator has published its compliance priorities for July to December 2025. These priorities are aimed at achieving ongoing safety and sustainability of the mining industry in NSW. NSW Resources Regulator executive director Jamie Tripodi says these priorities are evidence-based and respond to incidents and emerging risks. “The compliance priorities for the Regulator will continue to have a strong focus on safety and environmental risks, which is critical for all mine workers and their communities,” she said. The NSW Regulator’s safety compliance priorities will focus on four key concerns across mining and quarry industries:...

UWA students make waves in clean energy transition Students at The University of Western Australia (UWA) are using the Swan River to advance renewables technology and drive the state’s transition to clean energy. Since 2016, RiverLab, a partnership between UWA and Woodside, has connected engineering students, world-leading researchers and industry partners to tackle emerging challenges in offshore engineering. Students have the opportunity to design and test prototypes quickly and cost-effectively in Perth’s Swan River Estuary. Last year, students gained hands-on skills in wave energy technology as a commercially viable clean energy solution. As part of the project, UWA Bachelor of Philosophy (Honours) and physics student Megan McDougall examined how to improve...

Magmatic and FMG fund copper-gold JV Magmatic Resources (ASX: MAG) and Fortescue (ASX: FMG) have set a $3.5m exploration budget for their Myall project in NSW for FY26. Work will be focused on a significant air core and diamond drill program, with drill planning in progress. The first stage of the joint venture involves Fortescue earning up to a 51% initial interest in the Myall project. This is subject to Fortescue fulfilling its minimum obligation to spend $3m on exploration including 3000m of drilling within the first two years...

Albanese speaks up on Mount Isa The Mount Isa copper mine closed on Thursday, ending more than six decades of operations and prompting a united North Queensland delegation of business, government and community leaders to travel to parliament. The Keep Our Copper delegation lobbied Australian Parliament for a national solution to keep the copper industry alive in North Queensland. The group is supported by Member for Kennedy Bob Katter who asked Prime Minister Anthony Albanese in question time if he could reassure parliament that the copper smelter is to be...

IGO has “low confidence” in Kwinana refinery  IGO (ASX: IGO) has fully impaired its 49% stake in the Kwinana lithium hydroxide refinery in WA, citing ongoing operational issues.  Q4 FY25 lithium hydroxide production of 2126t represented 35% of nameplate capacity for the refinery.   The plant operated at reduced capacity due to equipment failure in Q3, limiting production to May, a further equipment failure in June and other downtime.  IGO managing director Ivan Vella says the refinery operated well below nameplate capacity in the quarter and did not achieve guided production tonnes for the year.  “Despite the strong commitment...

Australia's "freefall" in Fraser Institute rankings  The Fraser Institute has released its 2024 Annual Survey of Mining Companies, with all Australian jurisdictions suffering declines in investment attractiveness and policy perception compared to 2023.  The overall Investment Attractiveness Index is determined by combining the Best Practices Mineral Potential Index — which rates regions based on their geological attractiveness — and the Policy Perception Index, which measures the effects of government policy on attitudes toward exploration investment.  The survey was circulated electronically to approximately 2289 individuals between August 7, 2024, to December 15, 2024, receiving...

PLS powers through Q4 PLS’ (ASX: PLS) FY25 guidance was achieved or exceeded across all metrics alongside a 28% revenue increase in Q4. Q4 saw a production volume of 221.3kt, reflecting the increased output from the optimised Pilgan Plant following completion of the P1000 expansion in Q3. Spodumene concentrate production was 221.3kt in Q4, a 77% increase compared to the prior quarter, due to higher plant availability and the capability provided by the P1000 expansion. Lithium recovery of 71.6% in Q4  was higher than the prior quarter, with the...