News Medallion Metals to raise $60m for Ravensthorpe Medallion Metals (ASX: MM8) has received binding commitments to raise about $60m to support the ramp-up of its Ravensthorpe gold project in WA.
News South32’s Sierra Gorda gets major reserve upgrade South32 (ASX: S32) has announced a 61% increase in the ore reserve estimate of its Sierra Gorda copper mine in Chile, bringing the reserve to 1.1bt and extending the reserve life to 2045.
News Alcoa breaks ground at landmark gallium project Alcoa (ASX: AAI) has commenced construction at its Alcoa-Sojitz gallium recovery project, co-located at the company’s Wagerup alumina refinery in WA.
News Byrnecut expands underground fleet with Sandvik Byrnecut has invested in a fleet of 20 Sandvik underground drills, loaders and trucks and five raise boring systems to support its global operations.
News Metso to deliver key processing equipment for Yitirrti Metso has been awarded orders by GR Engineering Services to deliver key minerals processing technology for Develop Global’s Yitirrti copper-zinc-silver project in WA.
News Fortescue executive remains at work amid harassment investigation An unnamed senior Fortescue (ASX: FMG) executive is continuing to work while an external law firm investigates allegations of sexual harassment and bullying, the company’s growth and energy chief executive Gus Pichot said.
News Fortescue settles dispute with Queensland Government Fortescue (ASX: FMG) and the Queensland Government have reached a confidential settlement to resolve their dispute over public funding contributions to the company’s scrapped PEM50 hydrogen project in Gladstone.
News Victory outlines 20-year North Stanmore mine plan Victory Metals (ASX: VTM) has released a pre-feasibility study for its North Stanmore heavy rare earth (HRE) project outlining a post-tax net present value (NPV) of $1.21b.
News BCI Minerals to construct WA SOP pilot plant BCI Minerals (ASX: BCI) has awarded the construction contract for a sulphate of potash (SOP) pilot plant at its Mardie project to Bluestar Lehigh Engineering Institute.
News Copper outshines iron ore for BHP Copper contributed more than half of BHP’s (ASX: BHP) underlying EBITDA in FY26, with the commodity’s earnings surpassing iron ore for the first time in the company’s history, despite a 3% decline in total copper production.
News Fortescue produces first molten metal with electric smelting Fortescue (ASX: FMG) has produced first hot metal at its Christmas Creek green metal pilot project, marking the first successful operation of its electric smelting process.