MCA backs Federal Government’s new migration policies

Bellevue Gold (ASX: BGL) has delivered a record underlying free cash flow of $158m for Q3 FY26 after reporting increased mined and processed ore grades.

Minerals booming in latest Australian resource forecasts The Federal Industry, Science and Resources Department has reported growing resources and energy export volumes in the most recent Australian Resources and Energy Quarterly (REQ). Gold is set to become Australia’s third largest resources export earner, as the commodity fetches record prices, behind iron ore and liquid natural gas next year, with earnings forecast to reach $56b, according to the REQ. Exploration expenditure for iron ore — Australia’s largest export earner — continues to rise. Amid continued fallout over global trade tensions and conflicts — the REQ reported —...

Federal Court dismisses Fortescue and Element Zero’s two-year legal battle Fortescue’s (ASX: FMG) long-running legal pursuit of three former employees who created rival green iron start-up, Element Zero, has come to an end with both parties agreeing to pay their own legal costs. Pursuant to confidential terms of settlement, the Federal Court dismissed the claims against Element Zero and its co-founders Michael Masterman, Bart Kolodziejczyk and Bjorn Winther-Jensen. In April last year, Fortescue alleged that trade secrets were stolen and confidential information was misused by the former employees to develop Element Zero’s patented technology — marking the beginning of a nearly...

RBA uncertain on Australia’s critical minerals future The Reserve Bank of Australia (RBA) has outlined an uncertain outlook for Australia’s critical minerals industry that depends on policy environments and investment levels amidst the global energy transition. The RBA research paper, The global energy transition and critical minerals, reports the magnitude of both long-term global demand projections and Australian production remains subject to considerable uncertainty with global price declines halting production and delaying investment plans such that growth is likely to remain subdued. However, the report found that critical minerals production in...