News
The world’s 100 largest mining companies sold an impressive US$946.4 billion worth of minerals and metals in 2024 and had a combined valuation of US$1.83 trillion as of June 2025, according to the GLOBALmining100 report by Mining Beacon. This comprehensive report is part of Mining Beacon’s ongoing series that provides…
Next round of EIS applications now open in WA
Mines and Petroleum Minister David Michael has officially opened applications for Round 32 of the highly successful Exploration Incentive Scheme (EIS), a program designed to support innovative mineral exploration across Western Australia. The EIS program provides co-funding for exploration drilling, geophysics, and energy analysis, enabling companies to undertake high-risk, high-reward…
Nyrstar receives $135 million government support
International producer of critical and strategic metals Nyrstar has announced an agreement with the Australian, South Australian, and Tasmanian governments to provide $135 million in transitionary support for its domestic multi-metals manufacturing businesses at Port Pirie and Hobart. This combined government backing, complemented by ongoing investments from shareholder Trafigura, will…
WA swiftly clarifies miscellaneous licences’ rating exemption
The Western Australian government is set to introduce amendments to the Local Government Act 1995 to clarify that land held under a miscellaneous licence is exempt from local government rates. This move comes in response to a recent Supreme Court ruling that raised uncertainty about whether local governments could levy…
Industry groups unite to oppose experimental cashflow tax
A broad coalition of leading Australian industry groups and business associations has issued a joint statement expressing strong concerns over the Productivity Commission’s recent proposal to impose a new tax on business cash flow. Representing a wide range of sectors — from company directors and petroleum marketers to telecommunications, tourism,…
Global gold demand rises 3 per cent with investment gains
The World Gold Council’s Q2 2025 Gold Demand Trends report reveals that total quarterly gold demand, inclusive of over-the-counter (OTC) trading, reached 1,249 metric tonnes, marking a 3 per cent increase year-on-year amid a high gold price environment. This growth was largely driven by strong gold investment flows, supported by…
Bowen Coking Coal enters administration, risking 500 jobs
Bowen Coking Coal has entered voluntary administration, placing the future of the Burton Mine and approximately 500 jobs in Queensland’s Bowen Basin at significant risk. The company appointed Mark Holland and Shaun Fraser of McGrathNicol Restructuring as voluntary administrators on July 29, 2025, following unsuccessful attempts to secure fresh capital…
RMIT engineers innovate cheaper, stronger titanium
Engineers from RMIT University have developed an innovative 3D-printed titanium alloy that is about a third cheaper to produce than commonly used titanium alloys, marking a significant advancement for industries like aerospace and medical devices. The research team replaced the increasingly expensive vanadium — a key component in traditional titanium alloys…