Tivan mobilises for Molyhil drilling

After suspending construction of train 2 at the Kwinana refinery, IGO (ASX: IGO) now has little hope for the project’s future, citing uncompetitive energy and labour costs.

Rio Tinto, Panguna parties sign MoU to address mine impacts PAPUA NEW GUINEA — Rio Tinto (ASX: RIO), Bougainville Copper and the Autonomous Bougainville Government (ABG) have signed a Memorandum of Understanding (MoU) to form a Roundtable to address the findings of the Panguna Mine Legacy Impact Assessment (PMLIA). The independent PMLIA is based on two years of data collection overseen by an oversight committee that includes representatives from local communities,...

Gold outlook: downhill or second wind? The World Gold Council has released its Gold Mid-Year Outlook, as the metal continues its record-setting pace, rising 26% in US dollar terms in H1 CY25. A combination of a weaker US dollar, rangebound rates and a highly uncertain geoeconomic environment has driven this strong investment demand. The paper examines the base, bull and bear cases for gold in H2 CY25. The World Gold Council forecasts that under current consensus expectations for continued normalisation gold could remain rangebound in H2, closing roughly 0%–5% higher than current levels, still equivalent to a 25%–30% annual return Should economic and/or financial conditions deteriorate further, under the bull case, exacerbating...

Rio Tinto (ASX: RIO) and BHP (ASX: BHP) will work together to extract up to 200mt from their neighbouring Pilbara iron ore operations, Yandicoogina and Yandi.