Economics & Commodity PricesNews Liontown banks $137m alongside record development Liontown (ASX: LTR) is one step closer to achieving its ore mining run-rate target after achieving a record 3316m of underground development during Q4.
Economics & Commodity PricesNews Westgold beats guidance with record FY26 Westgold Resources (ASX: WGX) produced a record 387,354oz of gold in FY26, coming in at the top end of its guidance range.
Economics & Commodity PricesNews MCA: Mining tax and royalty payments declining Company tax and royalty revenue from the Australian minerals sector declined in FY24 and are expected to reduce further in coming years, according to the Minerals Council of Australia (MCA).
Economics & Commodity PricesNews GenCost: cheaper batteries challenge gas generation Electricity generation costs in the National Electricity Market (NEM) are expected to fall in the near term, as lower-cost batteries begin to compete with traditional gas-fired power generation.
Economics & Commodity PricesNews AEMO flags WA coal exit by 2031 WA’s main power system is forecast to have enough capacity to meet demand until FY29, but further investment will be needed as coal-fired generation exits the system, according to the Australian Energy Market Operator (AEMO).
Economics & Commodity PricesNews Global disruptions put pressure on Queensland miners The Queensland Resources Council’s (QRC) latest State of the Sector report has revealed a widening gap between production and declining business confidence across the state’s resources industry.
Economics & Commodity PricesNews Wood Mackenzie: Data centre pipeline is shifting power costs onto developers More than 32GW of planned data centre capacity, across more than 1150 projects, is reshaping how power grids accommodate large electricity users across the Asia-Pacific, according to Wood Mackenzie.
Economics & Commodity PricesNews Wood Mackenzie: Domestic gas supply framework risks investor uncertainty The Federal Government’s proposed Domestic Supply Obligation (DSO) framework risks increasing investment uncertainty at a critical time for Australia’s energy sector, according to a new report by Wood Mackenzie.
Economics & Commodity PricesNews Resources sector underpins WA’s $3.5b surplus The WA Government has released its FY27 State Budget, with several initiatives aimed at keeping the state’s economy resilient amid global uncertainty, supported by an expected $3.5b surplus.
Economics & Commodity PricesNews Australia’s renewables deliver security during crisis Australia’s electricity sector is showing significantly greater resilience to global energy shocks compared to the 2022 crisis, despite escalating geopolitical tensions in Iran driving sharp increases in global fuel prices, according to Wood Mackenzie.
Economics & Commodity PricesNews BHP-China trade talks come to an end BHP (ASX: BHP) has concluded price talks for its iron ore sales contract with the China Mineral Resources Group (CMRG) after more than seven months of negotiations.