Business and Finance
Nickel Industries Limited (ASX: NIC) reported another strong quarter for the three months ended 30 June 2025, driven by record sales from its Hengjaya Mine and steady progress in major development projects in Indonesia. The company generated US$86 million in adjusted EBITDA, reflecting robust operational performance across its portfolio. The…
Gold Road Resources progresses takeover by Gold Fields
Mid-tier gold producer and explorer Gold Road Resources (ASX: GOR) has released its activities report for the June quarter ending 30 June 2025, amidst progressing negotiations for a full takeover by Gold Fields (JSE: GFI). Gold Road’s principal asset remains its 50 per cent stake in the world-class Gruyere gold…
Arizona Sonoran closes CA$5.8m financing
Arizona Sonoran Copper Company Inc. (TSX: ASCU | OTCQX: ASCUF), a US-based emerging copper developer focused on near-term production, has announced the successful closing of a non-brokered private placement equity financing totalling approximately CA$5.8 million. Hudbay Minerals Inc., a strategic shareholder, exercised its pre-emptive rights under an existing Investor Rights…
Tremaine and Carroll join MinRes board
Mineral Resources Limited (ASX: MIN) has announced the appointment of Lawrie Tremaine and Ross Carroll as independent non-executive directors to its board, effective 7 July 2025. The appointments underscore the company’s commitment to board renewal, strengthened governance, and enhanced financial oversight. Both Tremaine and Carroll bring extensive executive management, financial,…
Rox Resources raises $40 million capital
Gold exploration and development company Rox Resources (ASX: RXL) has announced a successful $40 million capital raise (before costs) through a placement to new and existing international and domestic institutional and sophisticated investors. The significant funding boost will enable Rox to fast-track development activities at its flagship Youanmi Gold Project…
Gold Road Resources receives FIRB approval for acquisition
Gold Road Resources Limited (ASX: GOR) has announced that it has received Foreign Investment Review Board (FIRB) approval for its proposed acquisition by Gruyere Holdings Pty Limited, a wholly owned subsidiary of Gold Fields Limited (JSE: GFI). This transaction, valued at approximately $3.7 billion, was initially revealed in a Scheme…
Atlas project drives Image Resources’ return to profitability
Image Resources NL (ASX:IMA) has marked a pivotal quarter, announcing the first production and shipment of heavy mineral concentrate (HMC) from its Atlas project — located 170 kilometres north of Perth in Western Australia. The March 2025 quarterly report confirms the company’s return to mining and revenue generation, following a…
Gold Road Resources supports Northern Star’s $5b acquisition of De Grey Mining
Gold Road Resources (ASX: GOR) has confirmed it will vote in favour of Northern Star Resources’ (ASX: NST) $5 billion acquisition of De Grey Mining Limited (ASX: DEG), a transaction set to reshape the nation’s gold sector. Gold Road, which holds approximately 17.26 per cent of De Grey’s issued shares…