Business and Finance
Rio Tinto has agreed to acquire the Aurukun bauxite project in Queensland's Western Cape York from a joint venture between London-listed Glencore and Mitsubishi Development, Reuters reported. Financial terms of the transaction were not disclosed. The agreement remains subject to regulatory approvals from the Queensland government and relevant Australian oversight…
First Graphene gets first commercial order for fire-retardant mining polyurethane
First Graphene Ltd. has procured its first production purchase order from Australian manufacturer Pacific Urethanes, marking a new milestone for the application of its flagship PureGRAPH product in the mining sector. The order will see PureGRAPH incorporated into Pacific Urethanes’ specialised polyurethane formulations to enhance fire retardancy. The product rollout…
Forrestania advances restart readiness with hub agreements and ore supply deal
Forrestania Resources Ltd. has signed a number of agreements supporting its processing hub strategy and planned restart activities. The company has secured key operational and supply chain agreements across its Lake Johnston and recently acquired Edna May processing facilities, alongside a substantial third-party ore purchase agreement. To support restart activities,…
Bannerman to raise $124M in capital to fully fund Etango uranium project
Bannerman Energy Ltd. will raise AU$124 million through a share placement to fully fund its Etango uranium project in Namibia. Under the institutional placement, Bannerman will issue roughly 31 million new shares at AU$4 per share. The company is also offering a non-underwritten share purchase plan (SPP) to eligible shareholders…
Westgold outlines outlook to reach 510,000-ounce gold target by 2029
Westgold Resources has released an updated three-year outlook that charts a fully funded pathway to expand gold production up to 510,000 ounces annually by fiscal 2029. The gold miner expects fiscal 2027 production to land between 385,000 and 425,000 ounces, supported by AU$450 million to AU$480 million in growth capital.…
KGHM and BHP extend partnership to explore copper and mining opportunities
BHP and Polish copper major KGHM Polska Miedź S.A. have signed a memorandum of understanding (MOU) to evaluate joint growth opportunities and share technical expertise across the global resources sector. The framework establishes a structure for both companies to explore collaborative avenues, exchange operational best practices, and assess prospective projects…
Aureka to become Victoria’s newest gold producer following $8.9M deal
Aureka Ltd. is set to step into gold production in Victoria after securing a binding agreement to acquire High Grade Holdings (HGH), owner of the operating Fiddlers Creek underground mine and the Wedderburn gold processing mill. The AU$8.9 million majority-scrip transaction elevates Aureka to Victoria's newest listed gold producer. It…
First Au expands WA portfolio with Sandstone gold project deal
First Au Ltd. has agreed to acquire the Sandstone gold project in Western Australia’s established Sandstone gold district, adding to the company’s regional gold portfolio. The transaction with Complete Prospecting Pty Ltd covers five tenements, four Prospecting Licences and one Exploration Licence, encompassing prospective geology across the Mayard and Crook…




















