Business and Finance
Rio Tinto has expanded its exploration footprint in Papua New Guinea by entering into a second farm-in and joint venture agreement with LCL Resources Ltd. Under the binding agreement, Rio Tinto Exploration (PNG) Ltd. can earn up to an 80 per cent interest in LCL’s wholly owned Liamu project, located…
Alkane Resources delivers strong operational performance and first dividend
Alkane Resources has reported strong operational performance across its assets for the first quarter of fiscal 2027, anchored by AU$440 million in cash and bullion. During the September quarter, the company produced 40,740 gold equivalent ounces (AuEq oz) consisting of 39,823 ounces of gold and 396 tonnes of antimony. All-in…
Far East Gold partners with Indonesian mining group to advance gold production
Far East Gold has signed a memorandum of understanding (MoU) with Indonesian mining group PT Puncakbaru Jayatama (PTPJ) to pursue gold production and funding opportunities. The MoU sets a framework for FEG to potentially acquire a controlling interest in the Bengkulu gold project in Indonesia, while simultaneously unlocking portfolio-wide funding…
Northern Star Resources completes KCGM mill tie-in to start FY’27
Northern Star Resources has reported a solid start to fiscal 2027 with notable achievements, including the completion of the KCGM mill tie-in and the arrival of incoming CEO Suresh Vadnagra. During the September quarter, the company sold 364,000 ounces of gold at an all-in sustaining cost (AISC) of AU$3,217 per…
Fortescue maintains projected export rates as CMRG talks continue
Fortescue maintained its full-year guidance and product inventories even as ongoing iron ore negotiations in China slowed iron ore sales in the first quarter of fiscal 2027. The mining giant reported total iron ore shipments of 46.8 million tonnes (Mt) for the first quarter of 2027, including 2.5Mt from its…
Austral Resources hits high-grade copper-gold mineralisation at Cameron River
Austral Resources has confirmed significant high-grade copper and gold mineralisation following a reconnaissance drilling campaign across six targets at its Cameron River project in North West Queensland. The campaign comprised 32 reverse circulation (RC) drill holes situated roughly 40 kilometres from the company's Rocklands Processing Facility in the Mount Isa…
Star Minerals signs ore agreement with Forrestania Resource for Tumblegum South
Star Minerals Ltd. has signed an ore purchase agreement (OPA) with Forrestania Resources Ltd. to haul and process up to 400,000 tonnes of mill feed from the Tumblegum South gold project in Western Australia. Under the 24-month agreement, Forrestania Resources will manage and fund the transport of stockpiled run-of-mine (ROM)…
Metso acquires Brazilian bronze alloy component manufacturer
Metso has agreed to acquire Brazilian bronze alloy components manufacturer Italbronze Ltda. in a move designed to strengthen its crushing aftermarket operations and enhance worldwide supply chain resilience. The acquisition aligns with Metso’s broader corporate approach to accelerate aftermarket growth and safeguard the availability of essential spare parts, ultimately supporting…















