Recent Posts
Deals•Mar 2, 2026
Horizon Minerals Raises $175M in Institutional Placement to Fund Black Swan Hub
Horizon Minerals announced a $175 million institutional placement, complemented by a $10 million share purchase plan, to fund the refurbishment and conversion of its Black Swan gold processing hub near Kalgoorlie. The placement includes a $55 million fully underwritten tranche and a $120 million tranche pending shareholder approval at an AGM on April 7, 2026. Petra Capital acted as sole lead manager and underwriter, with Euroz Hartleys as co‑manager.
Australian Mining
Deals•Mar 2, 2026
PLS Acquires Calix Limited's Interest in Lithium Midstream Demonstration Plant
Australian lithium processor PLS announced it has acquired Calix Limited’s interest in the Mid‑Stream Demonstration plant, taking full ownership, funding and operational responsibility. The acquisition consolidates PLS’s position in the lithium midstream sector as it prepares to restart its Ngungaju...
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
News•Feb 23, 2026
Onslow Powers MinRes’ $1.2 Billion Earnings Record
Mineral Resources (MinRes) posted a record first‑half EBITDA of $1.2 billion on $3.1 billion revenue, a 286% profit surge. The jump was driven by Onslow Iron reaching its 35 Mtpa nameplate, delivering $519 million EBITDA, and strong lithium recoveries at Wodgina and Mt Marion. Net...
By Australian Mining
News•Feb 20, 2026
Ramelius ‘Supercharges’ Mt Magnet with First Never Never Haul
Ramelius Resources has shipped its inaugural 31,000‑tonne ore batch from the Never Never deposit to the Mt Magnet processing hub, marking a key step in its growth plan. The development ore, grading 3.6 g/t, delivers roughly 3,600 ounces and will be blended with...
By Australian Mining
News•Feb 20, 2026
Capricorn Metals Strikes Gold Potential with Acquisition
Capricorn Metals has acquired the Extension Hill and Mungada tenures, adding about 60 sq km of prospective land in Western Australia’s Yalgoo‑Singleton Greenstone Belt. The $1.5 million deal combines a $100,000 cash payment with share issuances and contingent earn‑outs tied to a 75,000‑ounce...
By Australian Mining
News•Feb 20, 2026
Record Iron Ore Output Boosts Rio Tinto’s Yearly Performance
Rio Tinto posted an eight‑percent rise in copper‑equivalent production in 2025, driven by record iron‑ore output from Western Australia and the first shipment of high‑grade ore from Simandou. The Western Range replacement mine opened on time and on budget, while...
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
News•Feb 19, 2026
Exploration Round-Up: High-Grade Cobalt-Scandium Confirmed at Ida Holmes
Western Yilgarn NL announced a high‑grade cobalt‑scandium‑nickel discovery at its Ida Holmes Junction project, reporting up to 2.47% cobalt and 126 ppm scandium oxide from rock‑chip samples. The mineralised quartz‑hematite outcrop stretches at least 120 m along strike and remains open, suggesting...
By Australian Mining
News•Feb 19, 2026
AIC Powers Ahead on Copper Growth with Strong Half-Year Result
Australian mining company AIC reported a strong half‑year performance, generating $110.6 million revenue and producing 6,526 tonnes of copper at an AISC of $4.92 per pound. EBITDA reached $48.6 million and net profit after tax rose to $17.4 million, with basic earnings per share...
By Australian Mining