Business and Finance

  • Russell Vale coal mine faces closure

    20 May, 2026

    Anglo American divests Australian steelmaking coal business for US$3.9B

    British multinational miner Anglo American has agreed to sell its Australian steelmaking coal portfolio to Dhilmar Ltd. for a cash consideration of up to US$3.875 billion (A$5.8 billion). The deal comprises ... more

  • 20 May, 2026

    European Lithium and Critical Metals seal deal, forming global critical minerals leader

    European Lithium Ltd has entered a binding scheme implementation agreement with Critical Metals Corp (CRML) in an all‑scrip transaction set to create a global critical minerals powerhouse. Under the deal, ... more

  • 19 May, 2026

    Challenger Gold makes leadership changes, raises $85M for Argentinian asset

    Challenger Gold Ltd. has made major leadership appointments and secured AU$85 million in equity raising as it plans to accelerate its Hualilan gold project in Argentina. Challenger appointed Peter Marrone as... more

  • 19 May, 2026

    BRE to spin off bauxite-gallium Brazil project into new ASX-listed company

    Brazilian Rare Earths Ltd. (BRE) has revealed its plans to demerge its Amargosa bauxite-gallium project in Bahia, Brazil, into a newly formed standalone company, Alurion Resources Limited. The proposed demer... more

  • Anglo American divests Australian steelmaking coal business for US$3.9B
    20 May, 2026
  • European Lithium and Critical Metals seal deal, forming global critical minerals leader
    20 May, 2026
  • Challenger Gold makes leadership changes, raises $85M for Argentinian asset
    19 May, 2026
  • BRE to spin off bauxite-gallium Brazil project into new ASX-listed company
    19 May, 2026

Catalina expands WA portfolio with Mid-West and Lake Johnston acquisitions

15 May, 2026
Catalina Resources Ltd. is expanding its gold and base metals portfolio in Western Australia by acquiring an assembled portfolio of exploration assets across the Mid-West and Lake Johnston regions. Catalina has agreed to acquire the assets from Dreadnought Resources Ltd. and exercise options with Rational Resources and Crucial Resources. The…

Sky Metals divests NSW copper-gold project to focus on tin assets

15 May, 2026
Sky Metals Ltd. will divest its Iron Duke copper-gold project in New South Wales as it prioritises its advanced tin development assets at Tallebung and Doradilla. The company has entered into a binding option agreement with Locksley Resources in a deal valued at AU$1.1 million. While Iron Duke is considered…

Forrestania consolidates WA portfolio with Hyden acquisition

14 May, 2026
Gold trade stalls as Middle East tensions escalate
Forrestania Resources has completed its acquisition of the Hyden gold project, consolidating its gold tenement portfolio within its Forrestania hub in Western Australia. The company has taken 100 per cent ownership of Hyden Project Holdings Pty Ltd, including the Lady Magdalene and Lady Ada project. The Hyden gold project contains…

Elevra to raise $441M to fund North American lithium projects

13 May, 2026
Capital raising
Elevra Lithium has announced a transformational financing package of up to AU$441 million, providing the company with full funding certainty for its expansion plans in Canada. The capital injection is headlined by a fully underwritten AU$275 million institutional placement and a strategic A$146 million investment from the Canada Growth Fund…

Magnetite Mines takes steps to secure funding for Razorback project

07 May, 2026
Magnetite Mines Ltd. has appointed corporate advisory firm GC Partners Asia (GCP) to help secure funding and partnering opportunities related to the development of its Razorback iron ore project in South Australia. The appointment comes at an important juncture of the project, which was granted the Major Project Status by…