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News•Feb 26, 2026
Exploration Round-Up: True North Secures Legacy Mine Funding
True North Copper secured a $400,000 Queensland Government grant to assess legacy waste at its Mt Oxide project, aiming to determine reprocessing potential. The non‑dilutive funding supports drilling, laboratory assays, and metallurgical testing, with a partnership with Regeneration Enterprises for possible commercial pathways. Meanwhile, Aureka reported a new high‑grade silver discovery at its Comstock project in Victoria, and Rincon Resources uncovered a high‑grade gold‑copper zone near Telfer South, expanding its exploration footprint ahead of a 2026 drilling campaign.
By Australian Mining
News•Feb 26, 2026
Ballard Mining Hits Million-Ounce Gold Resource
Ballard Mining announced that its Baldock deposit within the Mt Ida project has reached a one‑million‑ounce indicated and inferred gold resource. The infill drilling program added 76,000 ounces, raising the deposit to nine million tonnes at 3.5 g/t, while the broader Mt...
By Australian Mining
News•Feb 26, 2026
Minister Backs Progress Towards Mt Lyell Restart
Federal Resources Minister Madeleine King announced government backing for the restart of Tasmania's Mount Lyell copper‑gold mine, now in care and maintenance since 2014. Sibanye‑Stillwater has finished a feasibility study and expects a board decision this year. The mine holds a...
By Australian Mining
News•Feb 26, 2026
Golden Grove Powers 29Metals Back to Profit
29Metals reported a decisive financial turnaround in 2025, swinging back to profitability after a $178 million net loss in 2024. Revenue rose 3% to $567 million while cost of sales fell 14%, lifting EBITDA to $176 million and delivering a $24 million net profit....
By Australian Mining
News•Feb 26, 2026
Yancoal Hits Stride with Record Coal Production
Yancoal posted record 2025 coal production, lifting run‑of‑mine output to 67 million tonnes and saleable production to 50.8 Mt, despite a 13% revenue decline driven by lower coal prices. Operating EBITDA reached $1.44 billion, delivering a 24% margin, while cash operating costs fell...
By Australian Mining
News•Feb 25, 2026
Northern Territory Hails Record Gold Production Amid Exploration Push
The Northern Territory recorded a $1.7 billion gold output in 2024/25, aiming for a $2 billion target. Mining Minister Gerard Maley stressed that the region remains under‑explored and called for intensified prospecting to sustain future projects. The government also seeks to broaden...
By Australian Mining
News•Feb 25, 2026
Government Monitors Iron Ore Pricing Shifts Amid China Talks
The Australian government is closely tracking new iron‑ore pricing arrangements being trialled between Chinese buyers and major Australian producers. Companies such as Fortescue and Rio Tinto have begun using Fastmarkets, while BHP negotiates with China Mineral Resources Group over alternative...
By Australian Mining
News•Feb 25, 2026
Rox Advances Youanmi on Multiple Fronts Towards First Gold
Rox Resources is accelerating development at its wholly‑owned Youanmi gold project in Western Australia, completing roughly 750 metres of underground advance and targeting first‑level access by month‑end. Surface and underground infill drilling are underway to boost early ore inventory, while dewatering...
By Australian Mining
News•Feb 24, 2026
Record Iron Ore Shipments Fill Fortescue’s Pockets
Fortescue Metals Group delivered a record 100.2 million tonnes of iron ore in the first half of FY 2025, a 3% increase over the prior period, driving revenue to $8.4 billion and EBITDA to $4.486 billion. Mining output rose 2% and processing volumes matched...
By Australian Mining
News•Feb 24, 2026
Alkane Uncovers Bonanza Antimony-Gold Hits at Kendal
Alkane Resources has identified high‑grade antimony‑gold intersections at the Kendal system, an up‑dip extension of its Youle and Shepherd deposits at Costerfield, Victoria. Infill and extension drilling over the past year revealed multiple bonanza‑style zones, notably the 520 vein which...
By Australian Mining
News•Feb 24, 2026
Operational Upgrades Drive Record Month for Pilbara Ports
Pilbara Ports posted a record 67.9 million tonnes of cargo in January 2026, a 12% increase over the same month last year. The surge was driven by operational tweaks at Port Hedland, including revised ebb‑tide vessel guidelines and enhancements to the...
By Australian Mining
News•Feb 23, 2026
Tomingley Discovery Continues to Expand Alkane’s Opportunities
Alkane Resources announced the discovery of a new gold‑bearing geological structure at its Tomingley project in New South Wales, backed by both underground and near‑mine drilling. The campaign returned high‑grade intercepts, including 5.9 m at 31.0 g/t Au underground and 8.7 m at...
By Australian Mining
News•Feb 23, 2026
Regis Builds Momentum with Fresh Tropicana Reserve Boost
Regis Resources has issued an updated mineral resource statement for its 30% stake in the Tropicana joint venture, now reporting 5.4 million ounces of gold resources and 1.9 million ounces of ore reserves. The growth stems from systematic drilling that expanded mineralisation...
By Australian Mining
News•Feb 23, 2026
Queensland Puts Mount Isa Supply Chain on Track with Rail Subsidy
Queensland announced a 10 percent subsidy on below‑rail access charges for the Mount Isa Line, aiming to lower freight costs for the state’s mining corridor. The measure is expected to save users over $5 million across four years for a typical shipper...
By Australian Mining
News•Feb 23, 2026
Perenti Lifts Earnings, Strengthens Margins in FY26 Half-Year
Perenti reported a solid first‑half FY26 result, posting $1.73 billion revenue and a 3% rise in EBITA to $160.1 million. Underlying net profit jumped 12% to $91.8 million, lifting earnings per share 12% to 9.8 cents and improving the EBITA margin to 9.3%. The...
By Australian Mining
Deals•Feb 20, 2026
Capricorn Metals Acquires Extension Hill and Mungada Project Tenure for $1.5M
Capricorn Metals announced the acquisition of the Extension Hill and Mungada project tenure in Western Australia, adding about 60 square kilometres to its Mt Gibson exploration footprint. The deal is valued at $1.5 million, comprising an upfront cash payment, share...
Australian Mining