Business and Finance
Auric Mining Ltd. has made its first sale of gold from its Munda gold mine. The two inaugural gold pours totalled 1,790 ounces of gold, with the first 980 ounces of sold at AU$6,138 an ounce and a second 810 ounces sold at AU$6,118 an ounce for an average of…
Hastings negotiates potential offtake deal with Ucore for Yangibana JV
Hastings Technology Metals and its joint venture partner Wyloo Gascoyne Pty Ltd have signed an agreement with Ucore Rare Metal to negotiate a potential offtake deal. The non-binding heads of agreement (HoA) sets out a cooperative framework for the Yangibana joint venture to negotiate a long-term offtake agreement. Under the…
Lynas sees revenue increase in Q1 as NdPr production ramps up
Lynas Rare Earths has reported an increase in sales revenue for the fiscal first quarter, driven by higher production and demand for neodymium and praseodymium (NdPr) products. The company reported AU$200.2 million in gross sales revenue for the quarter ending September 30. The company achieved sales revenue growth of 18…
VRX Silica secures major Asian offtake contracts
VRX Silica (ASX: VRX) has strengthened its position as a key supplier of premium silica sand in the Asia-Pacific region, securing four binding offtake contracts from its Arrowsmith North silica sand project in Western Australia. The agreements cover the supply of an aggregate minimum of 410,000 tonnes per annum of…
Roy Hill to extend operations with new McPhee mine
Hancock Iron Ore has released its 2025 financial year results for its Roy Hill Mine, detailing strong operational performance and a new project to extend the life of the facility. Roy Hill Holdings reported AU$1.8 billion net profit for the full-year ending June 30. Roy Hill paid AU$599 million state…
Alkane Resources post record first quarter cash build
Alkane Resources Ltd. has reported a record quarterly operational cash build for the fiscal first quarter as its AU$1 billion merger with Mandalay Resources lifted the company into the ASX 300. The company’s gold production for the quarter ended September 30 was 30,511 gold-equivalent (AuEq) ounces at an all-in sustaining…
Westgold reports AU$180 million in cash build for first quarter
Gold producer Westgold Resources Ltd. has reported an underlying cash build of AU$180 million for the fiscal first quarter, an increase of AU$108 million quarter-over-quarter. The group gold production reached 83,937 ounces at an all-in sustaining cost (AISC) of AU$2861 per ounce, in line with full-year guidance of 345,000 to…
Liontown sees increase in underground mining activities in September
Liontown Resources has reported an increase in underground mining activities for the September quarter. The company reported AU$420 million in cash balance for the quarter ending September 30. The company saw a 105 per cent increase in underground ore mined, with underground operations achieving 1Mtpa run-date on schedule in September.…














