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Perenti reports record year of earnings Perenti (ASX: PRN) has delivered another year of strong financial results, headlined by record revenue and underlying earnings and free cash flow of $184m. The acquisition of DDH1 in October was a major highlight for Perenti. Following the acquisition, Perenti created its Drilling Services Division, combining Ausdrill with four DDH1 brands: DDH1 Drilling, Ranger Drilling, Strike Drilling and Swick Drilling. Perenti also drilled down on its safety and sustainability initiatives, reporting a Serious Potential Incident Frequency Rate (SPIFR) of...

Whitehaven and Goanna Academy support local mental health Whitehaven Coal (ASX: WHC) has donated $10,000 to the Goanna Academy as part of its ongoing commitment to community health and wellbeing. The Goanna Academy is Australia’s first accredited and Indigenous-owned mental health education provider. Its aim is to end the stigma around mental health for all Australians, particularly at-risk groups such as regional males, youth and First Nations communities. The donation was used for an event held in Gunnedah, NSW, which focused on mental health awareness and social engagement in the community....

GIRLS mentoring program a success Young women across Queensland’s resources sector have celebrated their completion of a six-month female mentoring program. As part of the Girls in Resources Leadership Skills (GIRLS) mentoring program, 20 year 12 students were paired with an experienced female mentor working in the resources industry. The GIRLS mentoring program is delivered by the Queensland Minerals and Energy Academy (QMEA) — the education arm of the Queensland Resources Council (QRC) — and the Women in Mining and Resources Queensland (WIMARQ). QRC chief executive Janette Hewson says the GIRLS mentoring program has had a positive impact on the young women who...

McPhillamys gold project blocked The Federal Environment and Water Minister Tanya Plibersek has made a declaration of protection over part of the approved McPhillamys gold project site owned by Regis Resources (ASX: RRL). Minister Pilbersek says her decision is not to stop the mine and that protecting cultural heritage and development are not mutually exclusive. On the contrary, Regis says this decision impacts a critical area of the project, making it non-viable. Regis Resources chief executive Jim Beyer says Regis is extremely surprised and disappointed that, after a nearly four-year, protracted Section 10 assessment process, Minister Plibersek has concluded...

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BMA to run on 100% renewable electricity BHP Mitsubishi Alliance (BMA) is set to become the first Australian operations at BHP (ASX: BHP) to run under renewable power arrangements for 100% of its electricity needs following the signing of a new power purchase agreement (PPA) for its Queensland operations. The seven-year PPA commencing from FY27 is expected to allow BMA to meet all its forecasted electricity needs from sources such as solar, wind and pumped hydro. The new agreement, when combined with another renewable PPA signed with CleanCo in 2023, is expected to allow BMA’s Queensland assets to have 100%...

WA Mining Club announces new president The WA Mining Club (WAMC) has announced that Dani Tamati, Resources Hub managing director and long-time committee member, has been elected the Club’s new President for FY25. With a career spanning more than 30 years in the mining and resources industry, commencing FIFO then residential in the Pilbara, Ms Tamati is aware of the challenges that FIFO and remote living can bring to the workforce. The WAMC says Ms Tamati works tirelessly with clients and...

De Grey Mining contracts Weir for Hemi gold project De Grey Mining (ASX: DEG) has awarded a contract to Weir for the supply of a large ø2.4m x 2.25m Enduron® HPGR (high-pressure grinding rolls) for the mining company’s flagship Hemi gold project in the Pilbara region of WA. Hemi has a mineral estimate of 10.5moz and at full capacity, the processing plant will have a nameplate throughput of 10mtpa. De Grey Mining project director Peter Holmes comments on this. “De Grey Mining is pleased to partner with Weir on one of its key long lead items for...

Havilah and JXAM enter exclusivity period for Mutooroo Havilah Resources (ASX: HAV) has entered a binding Memorandum of Understand (MoU) with JX Advanced Metals Corporation (JXAM) for an exclusivity period and study program on the Mutooroo project in South Australia. During the exclusivity period, JXAM will fund a study program on Mutooroo that will inform its decision on whether to acquire an interest in the project as part of a potential transaction. Exclusivity covers the entire 23km2 area of exploration licence 6592 and mining lease 5678. Almost $3m will be spent on...