Latest News

Landmark International Graphite agreement International Graphite (ASX: IG6) is set to develop an expandable graphite facility (EGF) in Europe as an equal part joint venture with Arctic Graphite. The company has noted Germany as its preferred location for the EGF which has proposed production rates of 3,000t/y and a capital cost estimate of $8.8m. Graphite Investment Partners (GIP), a major shareholder of Arctic, has committed to arranging at least 50% of the EGF capital cost estimate in non-dilutive funding and has issued a non-binding letter of interest to arrange up to $10m in funding. Produced...

Record cashflow for Liontown Despite a 9% quarter-on-quarter decrease in lithium prices, Liontown (ASX: LTR) has delivered strong results for Q4 FY25, closing out its first year with positive cash flow of $23m. The company produced more than 300,000t of spodumene concentrate in its first 11 months of operation, showcasing the successful design and ramp up of the Kathleen Valley processing plant. This marks the company’s third consecutive quarter of positive operating cash flows, achieved in a low-price environment. Open pit mining remains on schedule for completion in December this year, with access to the final major ore zone...

Industry to boost Queensland resources investment The Queensland Government has opened a targeted expression of interest (EOI) to gain industry input on the next tranche of resources exploration across the state. The EOI process will ask companies to nominate land for exploration in infill areas adjacent to existing coal and gas tenures to identify areas with resource development potential. Queensland Natural Resources and Mines Minister Dale Last says the Queensland Government is committed to attracting new investment in the state’s resources. “Maintaining a strong pipeline of exploration protects the future of Queensland’s resources sector, which returns billions...

Speewah gets funding boost Tivan (ASX: TVN) has progressed towards securing full project financing for the Speewah fluorite project in WA with support from the Federal Government. The company has received a non-binding conditional letter of support from the Federal Government’s Export Finance Australia (EFA) and progressed to the Northern Australia Infrastructure Facility (NAIF) due diligence phase. Located 100km south of the port of Wyndham in the Kimberley region, the operation was awarded major project status in 2024 following the addition of fluorine to...

Bellevue Gold’s record breaking Q4 Bellevue Gold (ASX: BGL) has delivered record throughput rates during the June quarter following improvements at its processing plant in the Goldfields region of WA. Gold production increased substantially for Q4 FY25 with 38,941oz and gold sold totalling 38,754oz at an average realised price of $5147/oz and an all-in sustaining cost (AISC) of $2253/oz. The company processed a record 287,000t at 4.5g/t of gold at 94.4% recovery, of which, 111,000t was processed at 5.4g/t of gold at 95% recovery for the month of June alone. Bellevue Gold reported the1.35mtpa processing plant...

CZR kicks off drilling CZR (ASX: CZR) is preparing to start an extensive drilling campaign at its Croydon gold project, located directly along strike from Northern Star Resources’ (ASX: NST) 11.2moz Hemi deposit. The company confirmed the Croydon gold discovery with limited drilling in 2019-2020 intersecting shallow high-grade gold at the Top Camp and Bottom Camp prospects. Results include: 27m at 3.2g/t of gold from 135m in CRC007, including 8m at 10g/t of gold from 135m 8m at 1.7g/t of gold from 66m in CRC018, including 1m at 9.4g/t of gold from 66m 2m at 22g/t of gold from 7m in CRC021 5m at 3.2g/t of gold from...

ZESTY gets $44.9m boost Calix has secured funding from the Australian Renewable Energy Agency (ARENA) to advance its zero emissions steel technology (ZESTY) green iron demonstration plant. The demonstration plant will have a targeted capacity to produce 30,000tpa of hydrogen direct reduced iron (H2-DRI) or hot briquetted iron (HBI). ZESTY uses a combination of electric heating and hydrogen reduction, aiming to provide lowest cost pathways to green iron and steel by: Enabling flexible operations compatible with variable renewable energy sources Enabling theoretical minimum hydrogen use of 54kg/t of iron...

WA’s energy future boosted by metals hub Murdoch University has launched a new extractive metallurgy hub in Rockingham as part of WA’s transition to sustainable metals production. The new facility is a flagship for research, education and industry collaboration, focusing on the extraction, processing and recycling of critical minerals essential to battery technologies and green steel production. WA is already a world-leading producer of lithium, responsible for more than half of global production, according to Murdoch University, and holds globally significant stores of vanadium — two metals essential to battery production. The university’s...

Newmont on track with Q2 results  Newmont is on track to meet 2025 guidance after producing about 1.5moz of gold and generating an all-time record quarterly free cash flow of $2.5b (US$1.7b).  Attributable gold production decreased 4% to 1478koz from the prior quarter as expected, driven by the closing of non-core asset sales.  Newmont says this was partially offset by increased production at Yanacocha, in Peru, from improved injection leaching; Peñasquito, in Mexico, from higher gold grades; Nevada Gold Mines, in the US, and Boddington, in WA, from higher tonnes processed following planned maintenance.  Newmont saw an increase of $571/oz (US$376) in average realized gold price to $5044/oz (US$3,320) per...

Northern Star ready for FY26 Northern Star had a strong finish to FY25, with the miner safely delivering its revised guidance, which included new milestones of 1.63moz gold sold and net mine cash flow of $1,189m.   As the Kalgoorlie Consolidated Gold Mines (KCGM) operation enters its final build year, Northern Star expects FY26 gold sold to be in the range of 1,700-1,850koz.   KCGM is forecast to deliver 550-600koz, with underground mined volumes at 3mtpa, while open pit mining productivity is forecast to increase throughout the year as mining in Golden Pike North returns to one mining horizon by H2 FY26. ...

FMG banks record shipments, backs down on green hydrogen Fortescue (ASX: FMG) has documented record annual iron ore shipments for FY25, totalling 198.4mt, 55.2mt of which was shipped during the June quarter. The company also mined 64.2mt and processed 54.4mt, a respective 16% and 14% increase from the previous quarter. Fortescue chief executive Dino Otranto says the company’s performance for the year has been exceptional and is credited to the relentless focus of its teams on safety, efficiency and operational excellence. “We met all aspects of our market guidance and cemented our position as the industry’s lowest cost producer, with our annual...