Deloitte: Australia’s mining industry ‘in the eye of the storm’

Macmahon sees colossal cost savings with tyre repair initiative At Tropicana gold mine, located 330km northeast of Kalgoorlie WA, tyres are one of the largest and most costly consumables. The challenging environment at Tropicana means that wear and tear is unavoidable, but instead of discarding tyres at the end of their life cycle, Macmahon (ASX: MAH) is taking a more sustainable approach. The company is leading a repair initiative to give injured tyres a second life. This not only allows for massive cost savings but to also lowers their ecological footprint. Since 2020 Macmahon’s tyre repair team has repaired...

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...

Karlawinda delivers record gold production Capricorn Metals (ASX: CMM) has announced its Karlawinda gold project, in the Pilbara region of WA, is on track for it FY26 guidance in a preliminary update on Q1 FY26 production.  The project delivered another strong quarter of operations, producing 32, 318oz of gold, on track to achieve 115,000-125,000oz at an all in sustaining cost (AISC) of $1,530-$1,630 per oz, in line with expectations outline in the FY26 mine plan.  Gold production for the quarter reflected the ongoing mining productivity improvement that drove the consistent quarterly increases in output throughout FY25.   The mining fleet achieved...

Finniss lithium reserves get 42% boost Core Lithium (ASX: CXO) has revised the ore reserve at its Finniss lithium mine in the Northern Territory to 15.2mt at 1.26% lithium oxide. Operations at the project were previously suspended in 2024 due to the global lithium price slump caused by oversupply of the mineral. The project is now advancing towards a low-cost underground operation with a 20 year mine life, supported by the findings of a restart study. There have been firm commitments for a $50m (before costs) placement and an additional $4.3m raised through a share purchase plan (SPP) to accelerate the Finniss development....