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Evolution Mining doubles profit Evolution Mining (ASX: EVN) has seen record high profit in FY25, driven by increased production alongside favourable commodity prices. The miner has reported a statutory net profit of $926m, up by 119% from FY24. Evolution Mining managing director and chief executive Lawrie Conway says the record financial performance was achieved through safely delivering to plan across all of its operations. “Our cost and production performance in the year saw our balance sheet continue to strengthen, with gearing levels falling while successfully delivering several major capital projects,” he said. “We have also...

SACOME CEO resigns South Australian Chamber of Mines and Energy’s (SACOME) Rebecca Knol has stepped down from her role as chief executive to explore new career opportunities. Ms Knol joined in 2016, serving as an advocate for South Australia’s resources sector. SACOME council president Carl Kavina comments on Ms Knol’s resignation. “Under leadership, SACOME has strengthened its role as a respected industry voice,” he said. “SACOME extends its sincere thanks to for her energy and dedication. Please join me in wishing her success in her next chapter.” The SACOME council has appointed respected industry...

Advanced Navigation’s autonomous mining breakthrough Advanced Navigation’s Boreas D90 Inertial Navigation System (INS) and Laser Velocity Sensor (LVS) were successfully demonstrated at Europe’s deepest underground mine. As part of BHP’s (ASX: BHP) deep mining challenge, the system was sent to the Pyhäsalmi zinc and copper mine in Finland and operated between 400m and 1,400m depth across 22km of tunnel. The system maintained a position error of less than .1% of distance travelled and, in some instances, exceeded global navigation system (GNSS)-level accuracy. The Hybrid Navigation System demonstrated long-range, infrastructure-free,...

Rio Tinto boosts Indigenous employment Up to 40 Indigenous People from across Perth and the Pilbara enter Rio Tinto’s (ASX: RIO) annual Aboriginal Training and Liaison (ATAL) program for 2025. The eight-week initiative, re-launched in 2023, has been co-designed between Rio Tinto and Traditional Owners to build job-ready skills and provide access to a range of career pathways. The ATAL program combines training in safety, health and wellbeing, cultural awareness, workplace expectations and financial literacy, together with resume support and career planning to help prepare participants for employment within Rio Tinto and beyond. This...

Study to accelerate decarbonisation in Asia An industry consortium is undertaking a pre-feasibility study to assess the development of carbon capture, utilisation and storage (CCUS) hubs across Asia. The consortium is comprised of leading steelmakers ArcelorMittal Nippon Steel India, JSW Steel, Hyundai Steel Company and other value chain players BHP (ASX: BHP), Chevron and Mitsui & Co. Focusing on the potential to develop large-scale projects which can repurpose, or store, captured carbon dioxide, the study will be the first independent industry-led study of its kind...

Mining begins at Reward underground Vertex Minerals (ASX: VTX) has commenced underground production at its Reward gold mine in NSW following a successful first blast over the weekend. The milestone, targeting the Lady Belmore reef, keeps the company on track to commence processing of high-grade stope ore at the gravity processing plant until full scale operations begin at Reward. The startup mine schedule, as previously announced, includes mining 2,075t at 17.8g/t of gold from a developed airleg stop block with the planned stope width the same as the interpretation of the mineralisation. Reward’s underground mining operation has a current...

Joint venture formed for LieNA tech Mineral Resources (ASX: MIN) and Livium (ASX: LIT) have established a joint venture (JV) for the commercialisation of the LieNA lithium processing technology. The technology has the potential to enhance extraction yields by 50% over current market performance by utilising recovery form fine and low-grade spodumene that is usually discarded as waste streams. Under the terms of the JV, LieNA, both companies will have a 50% stake in the ownership and commercialisation of the LieNA technology following successful pilot plant results. Livium chief executive and managing director Simon...

QRC inspires students to join resources industry The Queensland Resources Council (QRC) has launched a new campaign, Shape Our Future, to increase interest in resource industry careers. The campaign aims to inspire Year 12 students and their families by highlighting how early-career professionals are contributing innovation, sustainability and real-world problem solving across the sector. Showcasing real stories, the roles profiled in the campaign include and earth science intern, a critical minerals researcher, a land access manager, a maintenance supervisor...

Innovators break records for WAIOTY 2025 The 2025 WA Innovators of the Year (WAIOTY) Awards program has seen a record number of applications. A total of 91 applications were received across five of the program's categories, representing a broad range of industries and ideas and showcasing the strength and diversity of the local innovation ecosystem. The WAIOTY program, first launched in 2006, continues to support WA startups, entrepreneurs and SMEs by profiling their work, building credibility and connecting them to commercialisation, funding and training opportunities. A total of 24 finalists have been selected by independent evaluation panels including six finalists each from the Rio...

Fortescue receives landmark $3b loan Fortescue (ASX: FMG) has secured a syndicated loan facility of $3b (RMB$14.2b) to support its ambitious decarbonisation agenda. The loan facility comes from leading Chinese, Australian and international lenders. This is the first RMB syndicated term loan of its kind by an Australian corporate — a landmark transaction that Fortescue says reflects the depth of its long-standing relationships in China. Proceeds will be used for general corporate purposes and Fortescue’s decarbonisation efforts, including partnerships with Chinese suppliers and technology leaders. Fortescue executive chairman Dr Andrew Forrest says this isn’t just a financial transaction...

IGO director resigns IGO’s (ASX: IGO) Justin Osborne has resigned from his role as non-executive director, citing personal commitments. The IGO board is undergoing a measured renewal and succession process to provide better oversight and governance in the context of IGO’s refreshed strategy and its purpose to supply the commodities essential for a clean energy future. Since joining the board in 2022, Mr Osborne has contributed to the strategic oversight of the company, including as chair of the Nomination and Governance Committee. Mr Osborne has a strong background in exploration and has provided valuable insights to the company’s recent review of its exploration business model. The IGO board...