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McArthur River’s historic heritage agreement

McArthur River’s historic heritage agreement

Glencore has signed a cultural heritage management agreement with the Gudanji Yanyuwa Garrwa Marra Aboriginal Corporation (GYGM). The agreement builds on a previous landmark cooperation agreement signed in April 2025 between McArthur River mine, in the Northern Territory, and the GYGM, cementing a shared commitment to recognise, respect and manage cultural heritage ensuring culture and mining can coexist responsibly. GYGM executive officer Nicholas Fitzpatricks says since the mine started 30 years ago, the GYGM have been seeking an agreement about the management of cultural heritage. “In our culture, we have an obligation to look after our sites, they mean a lot to our people,” he said. “When we are blocked from that, it causes us pain and trauma for…

(Image source: Sandvik) This upgrade builds on a long-established innovative sump frame mechanism that integrates cutting and bolting to enable simultaneous material cutting and ground support installation.

Sandvik set to accelerate longwall mining

Sandvik is introducing its next generation bolter miner for longwall mining, featuring the latest bolting technologies to increase productivity, improve safety and reduce costs. Adding onto the proven reliability of Sandvik MB670-1, the upgraded Sandvik MB672 is purpose-engineered for longwall mining operations. As underground coal mining continues to embrace automation and digitalisation to enhance safety and efficiency, Sandvik is advancing bolting technology with innovative solutions designed to automate the bolting process. The fully automated cutting cycle known as Cutronic, allows for consistent, faster and more accurate advancement, significantly reducing panel development time in stable ground conditions. This enhances operational efficiency as well as reducing wear and tear on Sandvik MB672, extending its service life and reducing its operational costs. The…

China’s energy industries thrive under pressure

China’s energy industries thrive under pressure

Edith Cowan University (ECU) has found that China’s stringent environmental regulations could potentially be enhancing productivity in the new energy sector. A report released in collaboration between ECU and Harbin University of Science and Technology, Environmental regulation and firm productivity: evidence from China’s new energy industry, investigated the new energy industry, a strategic industry for China, and the mechanisms through which environmental policies could affect productivity at a firm level. According to the report, China has seen unprecedented economic development since the launch of market-oriented reforms in late 1978, with real GDP growth averaging over 9% a year. However, the tremendous economic development has come at the cost of environmental degradation and ecological deterioration. As found in the report,…

AusIMM leading conferences next week

AusIMM leading conferences next week

AusIMM, the peak body and trusted voice for resources professionals, will make Perth the centre for knowledge sharing and professional development next week when it hosts the Critical Minerals Conference, New Leaders Summit and co-hosts CRIRSCO Minerals Reporting Colloquium. More than 1,000 delegates will participate in the events commencing September 2. The week will showcase AusIMM’s unique role to lead conversations on the future of the sector, share the latest knowledge and promote professional excellence. Taking the critical minerals conversation to new heights From September 2-4 at the Perth Convention and Exhibition Centre (PCEC), 700 delegates from 20 countries will explore the geopolitics and economics of critical minerals and hear the latest in technical best practice. The conference is taking…

Annual revenue increased to $556.5m, primarily as a result of increased neodymium-praseodymium production and sales, according to Lynas.

Lynas posts 90% profit plunge, flags uncertainty in US plant

Lynas Rare Earths (ASX: LYC) net profit after tax fell to $8m for FY25, a sharp decline from $84.5m in FY24. The miner has cited depreciation on plant and equipment at its Kalgoorlie facility and Mt Weld coupled with lower than nameplate production at the Kalgoorlie facility as contributing factors. Lynas has also noted its significant uncertainty as to whether the construction of its heavy rare earth processing facility at Seadrift, Texas in the US will proceed and if so, in what form. Lynas has an expenditure-based contract with the US Department of Defence (DoD) for the processing facility. A mutually acceptable offtake agreement is being negotiated for production from Lynas’ operating assets. “While there can be no certainty that…

Earnings per share came in at 3.85 cents compared to 20.11 cents per share in FY24.

Westgold’s profit takes a hit despite record revenue

Westgold (ASX: WGX) posted a net profit after tax of $35m in FY25, down from FY24’s $95m, citing impacts from one-off transaction and admin costs. Increased depreciation and amortisation resulting from the larger cost base and production from the Southern Goldfields and higher income tax year on year also contributed to the lower profit, according to Westgold. The miner maintained its full exposure to the higher gold prices throughout the year, which when combined with record production delivered a record yearly revenue of $1.36b, an increase of 90%. The incorporation of the Southern Goldfields, acquired in August 2024, contributed 129koz of gold and assisted in the delivery of a record 326koz of gold production for the group. Westgold managing director…

CTTW2025 highlights innovation and global partnerships

CTTW2025 highlights innovation and global partnerships

Copper to the World 2025 concluded yesterday after two full days of discussion, insight and collaboration, bringing together global leaders to address the critical role of copper in powering the future. BHP (ASX: BHP) copper South Australia asset president Anna Wiley highlighted the company’s historical and ongoing significance in the state and its central role in the global copper industry. She outlined major projects underway across South Australia and reinforced BHP’s commitment to sustainability, with a focus on reducing emissions, investing in renewable energy and advancing long-term water solutions to support future growth. The South Australia Energy and Mining Department reinforced its commitment to positioning the state as a global hub for copper, with initiatives and partnerships designed to attract…

AEGC2025 program and keynotes announced

AEGC2025 program and keynotes announced

The Australasian Exploration Geoscience Conference (AEGC2025) brings together global leaders and innovators across exploration, energy, geophysics and sustainability. Under the theme Exploring innovation for a sustainable future, AEGC2025 will present the latest technical insights and practical applications shaping the resources industry now and into the future. With the event just weeks away, there’s still an opportunity to register across multiple categories, including student, member and day passes, making it accessible for professionals at all stages of their careers. Conference Registration https://2025.aegc.com.au/registration/ Download the PDF Program https://2025.aegc.com.au/wp-content/uploads/2025/08/250821_AEGC-2025-Program-Outline.pdf AEGC Networking Breakfast – Direct Booking Link: https://2025.aegc.com.au/networking-breakfast/ Program snapshot: September 8: Registration, exhibitor move-in and welcome reception September 9 – 11: Full technical program, keynote and plenary sessions, oral and poster presentations, plus…

The Simandou project is divided into four blocks. Rio holds rights to blocks 3 and 4 through Rio Tinto SimFer — a joint venture with the Government of Guinea and Chalco Iron Ore Holdings (CIOH).

Rio overhauls operations and executive team

Rio Tinto (ASX: RIO) is strategically reviewing its portfolio and undergoing major operational reform that will see two senior executives exit the company. The company is consolidating its product group into three divisions — iron ore, aluminium and lithium, and copper — to maximise competitive advantage and growth potential while still benefiting from a diverse portfolio. The company’s borates and iron and titanium businesses — spanning across Canada, Africa and the US — are being reviewed by the chief commercial officer following two consecutive cash flow negative years from Rio’s minerals division. Rio Tinto chief executive Simon Trott says a simplified business structure will enable the company to deliver new standards of operational excellence and value creation. “It will bring…

IGO posted a $3m profit in FY24.

IGO posts $955m loss in ‘disappointing’ FY25

Significant impairments and subdued product markets have driven a $955m full year net profit loss for IGO (ASX: IGO). The FY25 results include IGO’s share of net loss in TLEA, including full impairment of the Kwinana refinery assets ($605m) and derecognition of deferred tax assets relating to Kwinana ($58m). Additional impairments include $115m of exploration assets and a $58m increase in the company’s rehabilitation provisions for Nova, Cosmos and Forrestania. The results reflect challenging conditions in key markets with average realised spodumene price down 64% and average realised nickel price down 10%. Group revenue of $528m was down 37% from FY24 due to lower realised nickel prices and volumes from Nova and Forrestania and Cosmos assets transitioning to care and…

Innovation takes centre stage at CTTW2025

Innovation takes centre stage at CTTW2025

Innovation took the spotlight as delegates gathered for Innovation Hour, a highlight of the Copper to the World 2025 program hosted by Austmine on behalf of the South Australia Government. Sponsored by Fleet Space Technologies, the session showcased the cutting-edge ideas that will shape the future of copper mining and processing. Six finalists across two categories, Deep Copper Mining and Smart Copper Processing, presented breakthrough solutions designed to tackle some of the industry’s toughest challenges. The judging panel, featuring BHP (ASX: BHP) copper South Australia head of technology Vicky Whiffin, Rio Tinto (ASX: RIO) R&D chief advisor Saskia Duyvesteyn, Orion Industrial Ventures managing partner Mark Frayman, Gavin Yeates Consulting principal Gavin Yeates Consulting, Fleet Space Technologies geological client manager Brooke…