Northern Star rejects $38.7b takeover bid

By Samantha Bawden

Tuesday, 29 September 2026

NewsProjects & Operations

Northern Star (ASX: NST) has rejected an unsolicited acquisition offer from South African gold miner Gold Fields to acquire the company for an implied equity value of $38.7b.

The MOU supports Metallium’s plan to develop a national network of e-waste processing facilities, strategically located near major e-waste collection hubs, rapidly expanding U.S. data centre industrial parks and regional industrial corridors with strong logistics and waste generation.

MinRes profit booms amid hunt for Ellison successor

NewsProjects & Operations

MinRes profit booms amid hunt for Ellison successor

Mineral Resources (ASX: MIN) has made a major turnaround from the $896m loss reported in FY25, announcing a record $1.2b net profit in FY26.

Fortescue forks out $1b for green energy

NewsProjects & Operations

Fortescue forks out $1b for green energy

Fortescue (ASX: FMG) has significantly boosted its green energy spend to fast-track the delivery of its Pilbara green energy grid as the company finishes Q3 with a cash balance of $5.89b .

Deep sea mining talks deadlocked

NewsPolitics & Regulation

Deep sea mining talks deadlocked

International Seabed Authority (ISA) Council negotiations have concluded without the adoption of an agreed upon mining code and without any mining approvals being granted.

NT exploration gets $4m funding

NT exploration gets $4m funding

NT exploration gets $4m funding The Northern Territory Government has announced new funds to support resource exploration within the territory. The funding will award 38 grants to 30 companies through round 18 of the Geophysics and Drilling Collaborations (GDC) program. The program is part of the Resourcing the Territory initiative, which accelerates exploration, discovery and local jobs. The mining sector is the most significant contributor to the territory’s self-sourced revenue, supported by eight mining operations and mineral exploration. Northern Territory Mining and Energy Minister Gerard Maley says the grants demonstrate the Northern Territory Government’s strong commitment to rebuilding the economy through responsible resource development. “This...