ASM Shares Double on $450M US Takeover Offer
Australian Strategic Materials' shares surged 115% after accepting a $450 million takeover from US uranium giant Energy Fuels, creating a major rare earths producer to challenge China's dominance.
Australian Strategic Materials' shares surged 115% after accepting a $450 million takeover from US uranium giant Energy Fuels, creating a major rare earths producer to challenge China's dominance.
Rio Tinto achieves a record quarterly iron ore shipment from the Pilbara while confirming a shift to a Chinese pricing index, potentially impacting billions in revenue amid soft demand signals.
Reach Resources expands its Murchison South gold project near Payne's Find, securing a second mining lease to consolidate its position on the Primrose Fault as gold prices surge. Key results expected soon.
Critica Limited has launched a major scoping study for its Jupiter rare earths project in WA's Yalgoo region, marking a key step towards commercial development. Read about the project's scale and strategy.
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RecommendedNorthern Star Resources updates operating cost guidance after plant failures at its Kalgoorlie Super Pit. Shares rise despite the news. Read the full details.
Hot Chili reports wide, shallow copper-gold intercepts at its La Verde discovery in Chile, expanding a high-grade porphyry system near its flagship Costa Fuego project. Read the latest drilling results.
Copper miner 29Metals launches a $150 million rights issue to fund development at its Golden Grove and other mines, capitalising on strong metal prices. Read the full details.
Construction workers in Kalgoorlie-Boulder discovered a hessian sack of 1950s explosives under a deck. Police bomb squad safely removed the historical find. Read the full story.
The Mount Isa community is grieving the loss of beloved miner and local legend Ian Brown, who passed away at 77. Remembered for his immense contribution to the city and its people.
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RecommendedSt George Mining's Araxá project delivers exceptional drill results, confirming thick, high-grade rare earths and niobium from surface, poised for a major resource upgrade. Read the full story.
Gateway Mining accelerates exploration at its Yandal gold project near Wiluna, with fresh drilling confirming significant high-grade mineralisation along key shear structures. Read more on the emerging Eastern Goldfields play.
The site director at Albemarle's Kemerton lithium plant in WA's South West has departed. The exit comes as the US giant scales back operations and jobs amid a global lithium price slump.
Dateline Resources advances its Colosseum gold project feasibility study, boosted by record bullion prices and strong metallurgical results. The redevelopment plan gains confidence from historical data.
Infini Resources confirms high-grade uranium at surface in Canada's Athabasca Basin, expanding targets across a 15km corridor. Maiden drilling campaign set for Q2 2026.
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RecommendedWA contractor NRW Holdings lands a major $750 million mining services agreement at the state-owned Meandu coal mine in Queensland, set to employ 400 local workers. Read the full details.
Port of Newcastle's total exports grew to over 154 million tonnes in 2025, with coal remaining dominant. However, the port's diversification strategy is gaining momentum with major renewable energy and logistics projects. Read the full analysis.
Billionaire Gina Rinehart's Hancock Prospecting secures five gold exploration licences in Saudi Arabia in a landmark joint venture with state miner Maaden. Read about the mining giant's Middle East expansion.
Advance Cairns calls for urgent solutions to unlock the $300 million Cairns Marine Precinct shiplift, a project stalled by funding and planning issues. Read more on the future of FNQ's maritime industry.
Dalaroo Metals' shares skyrocket after revealing a major rare earths, zirconium and hafnium system in Greenland, positioning it in the global race for critical minerals. Read the full analysis.
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RecommendedThe Chamber of Minerals and Energy WA accuses the Australian Conservation Foundation of grossly exaggerating Rio Tinto's approved vegetation clearing. Get the facts on the Pilbara dispute.
Ora Banda Mining delivers thick, high-grade gold intercepts at its Waihi project, expanding the mineralisation envelope and reinforcing its potential as a third underground mine in WA's Goldfields.
A Townsville man faces charges after police discovered stolen copper during a bogged vehicle rescue. The incident highlights ongoing efforts to combat metal theft.
Kalamazoo Resources begins a prefeasibility study at its Mt Olympus gold deposit in the Pilbara, aiming to capitalise on high gold prices. Drilling is underway to expand the resource.
Record silver prices have delivered massive paper gains for backers of BMC Minerals, which listed on the ASX in December. The company is developing a major silver-zinc project in Canada's Yukon. Read more.
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RecommendedMining giants BHP and Rio Tinto are in discussions to combine their Western Australian iron ore operations, a move that could reshape the Pilbara and global supply. Read the full story.
Norfolk Metals confirms rich copper sulphide at its Carmen project in Chile, backed by a $2.1 million placement. The news comes as copper prices hit record highs above US$6.15 a pound. Read more on the developing story.
Auric Mining is preparing its second toll treatment campaign at the Munda gold mine near Widgiemooltha, with 67,000 tonnes stockpiled and sales expected in late February. Read more.
Taruga Minerals reports high-grade gold assays up to 23.2g/t at its East Normanby project in Papua New Guinea, confirming a promising epithermal system. Read about the exploration plans.
First Quantum Minerals is exploring a sale of its WA nickel mine amid a price rebound. Potential buyers include Glencore and Andrew Forrest's Wyloo. Read the latest.
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RecommendedLynas Rare Earths CEO Amanda Lacaze announces her retirement, capping a 12-year tenure that transformed the company. Read about her legacy and the market impact.