PLS expedites Pilgangoora project with funding boost

The Queensland Government has declared the proposed $2.3b Eva copper mine a large resource project under the Strong and Sustainable Resource Communities Act 2017.

Regis Resources (ASX: RRL) is proposing a new development approach for its McPhillamys mine in NSW, which was derailed in 2024 by an Indigenous heritage ruling.

FMG reports 41% profit drop Amid weak iron ore prices, Fortescue (ASX: FMG) has reported its lowest profit since FY19 in the company’s FY25 results. The company’s FY25 net profit after tax (NPAT) came in at $5.24b , a significant drop from the $8.78b reported in FY24. Revenue for FY25 was $24b , a 15% drop on FY24 underpinned by an 18% decrease in hematite average revenue of $131/dmt . Underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) of $12.2b was 26% lower than FY24 — $16.4b — the underlying...

Yancoal funds hospital equipment upgrade Yancoal Australia (ASX: YAL) has donated $37,000 to Singleton District Hospital in NSW to provide patients with new fall prevention hospital beds. The joint donation, from Yancoal’s Mount Thorley Warkworth and Ashton Coal mines located in the Hunter Valley region, enabled the purchase of three new beds for general ward use at the hospital. The new beds offer flexibility for a wide range of patient circumstances, are ergonomic for the healthcare providers, offer increased safety and enable patients to rest in comfort while rehabilitating. Yancoal Mount Thorley Warkworth general manager Cris Shadbolt says the team is proud to...