Author: Chloe Coutinho

Regis recently reinstated the McPhillamys gold project’s ore reserve following completion of a pre-feasibility study.

Regis exits $5.6b Vault battle

Regis Resources (ASX: RRL) will not submit a counterproposal to match Genesis Minerals’ (ASX: GMD) bid to acquire Vault Minerals (ASX: VAU).

India is Australia’s 4th largest source of refined petroleum and Australia is a longstanding supplier of coal and liquified natural gas to India.

Australia and India finalise uranium export deal

Australia and India have finalised an agreement enabling Australian uranium exports to India, opening an additional market for the resources sector.

Mr Quartermaine is a highly experienced media executive with a career spanning more than 35 years in the resources sector.

Former Perseus boss joins Northern Star board

Northern Star Resources (ASX: NST) has appointed former Perseus Mining (ASX: PRU) chief executive Jeff Quartermaine as an independent non-executive director, effective immediately.

Greatland owns the Telfer mine and adjacent Havieron gold-copper development project in WA’s Paterson Province.

Greatland beats FY26 production guidance

Greatland Resources (ASX: GGP) has exceeded its full-year production guidance, producing 79,099oz gold and 3,573t copper in Q4.

Regis says it is considering its position and rights under the scheme implementation deed.

Genesis makes $5.6b bid for Vault

Genesis Minerals (ASX: GMD) has launched a $5.6b proposal to acquire Vault Minerals (ASX: VAU), challenging a previous offer from Regis Resources (ASX: RRL).

Westgold says the transaction aligns with the company’s strategy to simplify its portfolio and bring forward value for its shareholders from non-core, non-producing assets.

Westgold completes $54.4m Peak Hill sale

Westgold Resources (ASX: WGX) has completed the divestment of its Peak Hill gold project to Great Boulder Resources (ASX: GBR).

The mine was one of the first discovered in Queensland, with prospectors originally finding gold at the site as far back as 1860.

Mount Chalmers restart could create hundreds of jobs

The Queensland Government says hundreds of jobs could be created at the Mount Chalmers mine as QMines works to bring the site back into production.

(Image source: Fortescue) Fortescue is undertaking one of the world’s largest mining electrification programs, transitioning more than 800 pieces of heavy mobile equipment and 3000 light vehicles.

Fortescue needs 1 in 21 WA electricians for decarb plans

Fortescue (ASX: FMG) has opened its new Power Up Training Centre in Perth, WA, to train the workforce needed to electrify its Pilbara operations.

Mozal Aluminium in Mozambique is excluded from the transaction and remains on care and maintenance, with divestment under active consideration.

Alcoa buys South32 assets for $8.1b

Alcoa (ASX: AAI) will acquire South32’s (ASX: S32) aluminium value chain assets for about $8.1b (US$5.6b).

The Mt Rawdon pumped hydro project would require an investment of more than $6b.

Queensland drops Evolution’s $6b pumped hydro plan

Evolution Mining’s (ASX: EVN) Mt Rawdon pumped hydro project will not be progressed following a review of Queensland’s pumped hydro options by QIC.

(Image source: Hancock Iron Ore) The mine is expected to produce 8mtpa.

Hancock brings $840m McPhee Creek mine online

Hancock Iron Ore has marked first ore from its McPhee Creek mine, 19 months after first soil was turned, following multiple environmental and regulatory delays.