NewsProjects & Operations WA confidence plunges as BHP, Rio and Fortescue feel iron ore squeeze WA business confidence has suffered the nation's steepest fall, as weaker iron ore prices and rising costs put pressure on BHP, Rio Tinto and Fortescue.
NewsProjects & Operations Medallion targets November gold sales as Cosmic Boy nears processing Medallion Metals is closing in on first gold sales amid strong bullion prices, with commissioning at Cosmic Boy and underground development at Kundip next on the agenda.
NewsProjects & Operations Gold Fields holds fire on higher Northern Star bid Gold Fields has left the door open to a revised $38.7bn Northern Star bid, but CEO Mike Fraser wants a clear pathway to a merger as analysts question the projected synergies and financial risks.
NewsProjects & Operations Forrestania closes in on Edna May gold production Forrestania Resources (ASX: FRS) is targeting first gold production at its Edna May processing facility in WA by the end of 2026, with processing expected to begin in mid-December as refurbishment works near completion.
NewsProjects & Operations Glencore launches ASX listing Glencore (ASX: GLC) made its ASX debut this morning, trading more than 10.3m CDIs closing out at a price of $11.23 and a total ASX capitalisation of about $115m.
NewsProjects & Operations Finlayson establishes private company as next move remains unclear Gold mining heavyweight Raleigh Finlayson has established a mystery company, Kurnalpi Holdings, but its commercial purpose remains under wraps.
NewsProjects & Operations Ballard’s $50m raising puts Mt Ida on path to production Ballard Mining (ASX:BM1) is seeking up to $50m from investors to ramp up development of its Mt Ida gold project in WA's Goldfields, as it pushes towards a 2moz resource and a final investment decision by mid-2027.
NewsProjects & Operations Rinehart-backed Arafura expands US offtake deal Gina Rinehart backed Arafura Rare Earths (ASX: ARU) has signed a binding offtake agreement with global trading company Traxys to supply up to 850tpa of neodymium-praseodymium oxide from its Nolans project.
NewsProjects & Operations Fortescue shipments drop 6% as CMRG negotiations weigh on sales Fortescue (ASX: FMG) reported a 6% year-on-year decrease in iron ore shipments to 46.8mt for Q1 FY27, attributing the decline to maintenance activity, while ongoing negotiations with China Mineral Resources Group (CMRG) weighed on sales volumes.
NewsProjects & Operations GM3 sets December target for Tahmoor restart GM3 has commenced as the new operator of the Tahmoor coal mine in NSW following its acquisition by Golden Energy and Resources (GEAR) and M Resources.
NewsProjects & Operations Arafura breaks ground at Nolans Arafura Rare Earths (ASX: ARU) has commenced construction at its Nolans rare earths project in the Northern Territory, set to be Australia’s first fully integrated rare earths mine and processing facility.
