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Brightstar receives major approval for Goldfields project Brightstar (ASX: BTR) has received approval from the WA Government for the open pit development of the Lady Shenton project in Menzies.With the Mining Development and Closure Proposal approved by the WA Department of Mines, Petroleum and Exploration and the previously approved Native Vegetation Clearing Permit, the Lady Shenton deposit is now “mine ready” for production.Brightstar managing director Alex Rovira comments on the approval.“This signifies a key milestone for the development of our Menzies assets, which once in operation will represent the first mining to occur since the successful Selkirk mining JV in 2024,” he said.“Lady Shenton is now ‘mine ready’ and represents a low capex, high-margin deposit for Brightstar that complements the broader Goldfields Hub development.“With over 4moz of mineral resources on granted mining leases, Brightstar has a strategic objective of developing both the Goldfields and Sandstone projects in the coming years as part of our aspiration to be a multi-asset, mid-tier scale WA gold producer.”Brightstar plans to release an updated definitive feasibility study (DFS2.0) and a development update and timeline for the Menzies and Laverton gold projects later this quarter.

Image takes a second glance at gold A promising mineral resource estimate and a buoyant gold price have prompted Image Resources (ASX: IMA) to conduct a comprehensive review of its gold tenements.The strategy review will include potential divestiture or other commercialisation options for Image’s entire gold tenement package which contains a recently announced maiden mineral resources estimate of 2.0mt at 2.1 g/t gold for 139koz gold in the inferred category.Image Resources managing director and chief executive Patrick Mutz says the time is right to assess options for extracting the best value from the gold tenements.“We have been and remain focused on mineral sands mining and processing as our principal business. However, given the continuing buoyant gold price, it is appropriate to determine if any value can be unlocked from these gold assets in the shorter term,” he said.“We will also be evaluating the potential for Image to setup and control a contract mining, ore hauling, and toll-processing model with minimum capital requirements for the Erayinia/King project, to take advantage of the potential operating margins supported by the buoyant gold price.”If Image can extract appropriate value from the gold tenements, funds would be used to either repay remaining debt or for project development capital for the company’s next minerals sands development project.

Australia prioritises military minerals in strategic reserve New details of the $1.2b Critical Minerals Strategic Reserve (CMSR) are emerging with the Federal Government confirming antimony, gallium and rare earth elements as early priorities. The announcement comes as Treasurer Jim Chalmers is scheduled to join a G7 meeting focused on critical minerals in Washington DC this Friday. In recent years, China’s dominance in the critical minerals sector has been a focal point of ongoing geopolitical tensions — particularly affecting G7 countries including the US and Japan.  With the development of the CMSR, the Federal Government is looking to leverage its abundant critical mineral reserves to diversify supply chains and shift China’s dominance. “The world needs critical minerals — Australia has plenty of them and our critical minerals reserve will help us weather global economic uncertainty and help to boost trade and investment,” Treasurer Chalmers said. "Ensuring we have a reliable reserve of these critical resources will strengthen supply chains and help to stabilise critical minerals markets.” The CMSR will secure rights to minerals produced in Australia and on-selling those rights to meet demand, giving an added boost to the critical minerals sector and strengthening reliable supply chains for trading partners Larvotto Resources (ASX: LRV), the developer of Australia’s largest antimony deposit, has voiced its support of the Federal Government’s plan. Larvotto managing director Ron Heeks says the Federal Government’s prioritisation of antimony validates the strategic importance of the company’s Hillgrove project in NSW. “Australia benefits from having a rich supply of critical minerals with the resources and expertise to produce these minerals responsibly,” he said.  “The strategic reserve supports the strong investment into the Hillgrove project and reinforces the importance of progressing final approvals efficiently as we move towards production in mid-2026.” Despite the urgency for diversification, Federal Resources Minister Madeleine King says Australia faces a long road to revenue with government seeking support for the industry which faces weak pricing and high startup capital.  “ the investment the Government is making in supporting the industry itself will be job-creating, both in the extraction side of the sector, but also in advanced processing and advanced manufacturing into the future,” she said. "There’ll be many upsides,  it won’t be revenue upside in the immediate term.  “ the outcome is yet to be determined, what we would hope for and have always advocated for is greater cooperation and collaboration with our international partners.” With a similar reliance on antimony, gallium and rare earths, the US has emerged as a major investor in the development of Australia’s critical minerals sector following the signing of a $13b critical minerals agreement between the countries in October last year. Minister King says that Australia as a nation is always dependent on international investments to build its industries and, despite the US’ recent interest in pursuing deposits in Greenland, Australia remains the superior choice for US investment. “Australia is recognised around the world as a globally important initiative into mineral exploration,” she said. “In the immediate, short to medium term, Australia is a much more desirable location  for extracting and processing minerals.”  

Lynas Rare Earths CEO to retire after 12 years Amanda Lacaze will step down from her role as chief executive of Lynas (ASX: LYC), having led the company’s shift from a “troubled startup” to the largest rare earths producer outside China.Lynas’ market value has grown about $14.6b since 2014, according to Lynas board chair John Humphrey.“Under leadership, the company’s production and operating footprint has grown and our market value has increased from around $400m in 2014 to $15b,” Mr Humphrey said.“The company was in a very difficult position when took on the role of chief executive.“It is thanks to hard work, drive and tenacity that Lynas is today a leading rare earths producer and critical supplier to global manufacturing chains.”Ms Lacaze will remain with the company until the end of FY25 to enable a smooth transition as the board begins its search process for a new chief executive, considering both internal and external candidates.“It has been a great privilege to lead the company from a troubled startup to an ASX50 company,” Ms Lacaze said.“Having successfully concluded the Lynas 2025 capital investments program and launched the Towards 2030 growth strategy, it is the right time to make this transition.”The announcement comes as Australia refocuses on its previously announced $1.2b Critical Minerals Strategic Reserve, with Federal Treasurer Jim Chalmers briefing G7 members on new details this week.Antimony, gallium and rare earth elements will be the first minerals targeted by the reserve.Lynas stands as an example of Australia’s potential as a refiner, a crucial component of critical minerals value chains that are significantly concentrated in China.“We are refining right now. Lynas Rare Earths in Kalgoorlie is doing an important stage of this,” Federal Resources Minister Madeleine King said.“Lynas Rare Earths from the deposit at Mount Weld is the only Western supplier of rare earths processing at the moment.”In 2025, Lynas emerged as the only commercial producer of separated dysprosium and terbium ex-China after achieving first production at Lynas Malaysia.

Rio and Glencore at it again with mega merger talks  Mining majors Rio Tinto (ASX: RIO) and Glencore have confirmed they have entered preliminary takeover discussions for a merger that could create the world’s largest resources company.This is not the first time Rio and Glencore have been in merger negotiations. In 2024, discussions between the companies were unsuccessful due to valuation, leadership and cultural differences after Glencore sought a merger ratio of about 40%, implying a premium of more than 25% based on valuation at the time, and pushed for chief executive Gary Nagle to lead the combined company.  If successful, the merger would be the latest major transaction seen by the sector following last year’s Anglo American $85b merger and acquisition with Canadian copper miner Teck Resources.  The current preliminary discussions are exploring possible combinations of some or all of the businesses, which could include an all-share merger between the companies. Copper appears to be the focal point of the merger as Rio moves towards becoming a global copper leader and acquiring Glencore’s substantial copper assets, including its Mount Isa operations in Queensland, aligns strategically with this shift. This news is the latest in a wave of copper acquisitions as companies around the world look to take advantage of growing global demand and soaring prices. Rio has been advancing its copper portfolio, including ramping up operations at Oyu Tolgoi in Mongolia and pushing progress at Resolution Copper in the US. Rio expects to produce about 870,000t of copper in FY26, underpinned by production at its Oyu Tolgoi — which is anticipated to reach peak production of 500,000tpa in its lifetime — as well as its copper assets across the Americas.  Glencore’s copper outlook for FY26 is almost identical, with production expected to reach between 810,000 - 870,000t, and has a bullish growth outlook of 1.6mtpa by 2035.  Despite the shift in focus to copper, there is little synergy between the two miners' current operations — with iron ore forming the backbone of Rio’s business and Glencore remaining one of the world’s largest coal producers. Considering Rio unloaded the last of its coal assets in 2018 following investor pressure, how Glencore’s significant coal assets will align with Rio’s future is yet to be determined.  Though there is no certainty that an agreement will be reached, Rio has until February 5 to make a formal offer to Glencore. 

Global Rewinds, based in Bibra Lake, WA, is a quietly powerful player in the industrial electrical services landscape.

Court strikes down award limits on union delegates A Full Federal Court has ruled the Fair Work Commission (FWC) unlawfully narrowed workplace delegate rights in modern awards, ordering it to redo the award terms.The Federal Court found the FWC made three jurisdictional errors in varying modern awards to include a workplace delegates’ rights term.The court found the FWC impermissibly confined delegates’ representation rights to employees of the delegate’s employer, narrowed the statutory communication right and imposed absolute constraints that could unlawfully restrict the reasonable exercise of delegates’ rights.The ruling has sparked industry backlash, with Australian Resources & Energy Employer Association (AREEA) chief executive Steve Knott saying workers’ rights have been extended to engage with workplace delegates on the employer’s time and resources, provided only that they are eligible to be members of that union.“The laws create unprecedented new powers for unions, risk turning employees into de-facto union organisers, and apply across all workplaces, including non-union sites with no enterprise agreements,” he said.“ decision materially expands the scope of workplace delegate rights. It extends the right of workplace delegates, paid for by employers, to communicate with contractors and labour hire employees working at an enterprise, regardless of whether those workers are union members.”Minerals Council of Australia (MCA) chief executive Tania Constable has called the decision an “over-reach of union power”.“Today’s decision by the Full Federal Court to overturn the FWC’s orders that placed reasonable limits on the exercise of union delegate powers confirms that unions will continue to push for expanded powers which absolve union delegates of their obligations as employees and interfere with the normal performance of work,” she said.“The decision shows that the Federal Government’s Closing Loopholes legislation gives unions significantly more power than what the independent umpire determined was a fair and reasonable balance.“Australian mining companies are already feeling unprecedented cost pressures, including from industrial relations changes, mounting energy prices, lengthy and costly project approval delays and increased royalties – driving investment offshore to low-cost jurisdictions with poor environmental and emissions standards.”The MCA says it will work with other affected industries to closely review the decision and its implications and take further action as appropriate. 

Eight Pilbara initiatives have shared in a $152,000 funding total as part of the 2025 Fortescue (ASX: FMG) Innovation Grants Program.From eco-events to community gardens, the Innovation Grants program funds up to $25,000 per initiative that are focused on sustainability, green innovation and community-led environmental change.The program is designed to introduce a new wave of creative ideas and sustainable initiatives, helping to tackle environmental challenges, strengthen local connections and create lasting benefits across the Pilbara.Fortescue director approvals, communities and services Rosli Wheelock comments on how these grants empower local organisations.“Community-led innovation is at the heart of these grants and we are proud to support ideas that not only drive sustainability but strengthen the social fabric of our Pilbara communities,” he said.To celebrate, Fortescue hosted events in Port Hedland and Karratha, bringing together local organisations, partners and community members to hear firsthand from the recent grant recipients.

Vaughan Harris has just become the first Tjiwarl community member to complete an apprenticeship with Liontown (ASX: LTR) at its Kathleen Valley lithium operations.Mr Harris grew up in Leonora and completed his final years of high school at the Cunderdin College of Agriculture. He started his electrical trade at 23 which led him to complete his apprenticeship.Mr Harris reflects on the historic moment in the Liontown partnership with the Tjiwarl community.“Being the first Tjiwarl apprentice to complete an apprenticeship here at Liontown feels exciting,” he said.“I hope it shows other Tjiwarl members, and even non-members, that it’s absolutely possible to complete an apprenticeship with Liontown’s support and the support of the community.”Mr Harris will relocate to Karratha with his wife, Cate, and daughter Aurora.“I hope to keep expanding my electrical knowledge, taking up extra courses and training,” he said.“When I get to Karratha, I’m hoping to start out in the rail side of things, which interests me most, but whatever I end up doing will likely be new to me, and that’s exciting in itself.”Liontown continues to partner closely with Tjiwarl to provide meaningful employment and training opportunities.