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(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 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...

China’s energy industries thrive under pressure

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...

AusIMM leading conferences next week

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...

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 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...

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’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...

CTTW2025 highlights innovation and global partnerships

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...

AEGC2025 program and keynotes announced

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:...

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 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...

IGO posted a $3m profit in FY24.

IGO posts $955m loss in ‘disappointing’ FY25

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...

Innovation takes centre stage at CTTW2025

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,...

Perenti’s record $3.5b year

Perenti’s record $3.5b year

Perenti’s record $3.5b year Perenti has reported $333m in underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) and a 4% revenue increase for FY25. Underlying EBITDA rose 6%, lifting margins to 9.6%, while underlying net-profit after tax (NPAT) increased 8% to $178m and statutory NPAT rose 29% to $137.8m with a normalised free cash flow of $195m. Perenti chief executive and managing director Mark Norwell says the company is pleased to report another year of positive performance, achieving record revenue and EBITDA. “Perenti’s strengthened EBITDA margin demonstrates our commitment to financial discipline across the...