Business and Finance
Evolution Mining Ltd. has acquired a 13.7 per cent stake in explorer Carnaby Resources, becoming its largest single shareholder as it progresses a full AU$213 million acquisition. Evolution secured approximately 37.9 million shares previously held by the QIC Queensland Critical Minerals Fund (QCMF). In exchange, the company issued roughly 2.6…
Falcon Metals raises $30M to fund drilling at Blue Moon and Errabiddy
Falcon Metals Ltd. has secured firm commitments to raise AU$30 million via a share placement, funding an expansion of its Australian exploration footprint over the next two years. Falcon will issue 50 million new ordinary shares at 60 cents per share, with the issue price reflecting an 11.8 per cent…
Critical Minerals names Pat Kelly as interim CEO as company transitions
Critical Minerals Group Ltd. has appointed current COO Pat Kelly as interim CEO, effective September 1, following the resignation of Scott Winter from the role. Winter steps down after leading the Queensland-focused resources company for approximately three years to take up a new role as CEO of equipment solutions provider…
Aurelia Metals to deliver dividends as balance sheet improves
Aurelia Metals Ltd. will deliver shareholder dividends after a strong operational and financial fiscal 2026 performance, driven by higher metal production, firm commodity prices, and expanding processing capacity across its New South Wales operations. The gold producer reported a 69 per cent jump in net profit after tax to AU$82.7…
MinRes eyes copper opportunities next after delivering record profit
Mineral Resources (MinRes) is eyeing opportunities in copper and expanding beyond Australia after reporting record financial results for fiscal 2026 driven by its Onslow Iron project and a second-half recovery in lithium markets. The Western Australian-based miner delivered a 44 per cent increase in annual revenue to AU$6.5 billion, while…
Capricorn delivers record profit as high gold prices drive growth
Capricorn Metals has delivered record full-year financial results for fiscal 2026, driven by strong operational performance at its Karlawinda Gold Project (KGP) and elevated gold prices. The gold producer reported a record underlying profit before tax of AU$467.5 million, a 71 per cent increase year over year from AU$273.9 million,…
Silver Mines restructures board ahead of Bowdens development phase
Silver Mines Ltd. has initiated a major board restructuring, strengthening its board as the company advances its Bowdens silver project through the final approvals pathway toward full development. The company appointed experienced mining executive Nicole Brook and former Federal Cabinet Minister Joel Fitzgibbon as independent non-executive directors, effective September 17.…
Record rare earth prices drive Lynas to record full-year profit
Lynas Rare Earths has reported record revenue for the fiscal year ending June 30, driven by strong rare earths market prices. The company posted a net profit after tax of AU$222.4 million for fiscal 2026, a sharp rebound from the AU$8 million recorded in 2025. Annual revenue nearly doubled to…



















