Liontown Resources Debt-for-Share Swap Amid Lithium Downturn
Liontown Resources' lender LG Energy has called in a $US250 million debt-for-share swap, highlighting the financial pressures in the lithium sector as market conditions deteriorate.
Category : Mining
MinRes Upgrades Lithium Production Guidance for FY2026
Mineral Resources has revised its lithium production guidance upward for the 2026 financial year, capitalising on a significant resurgence in global lithium prices and strong market demand.
Kwinana Refinery Hurts IGO Despite Lithium Rally
IGO faces ongoing challenges from its underperforming Kwinana nickel refinery, even as strong lithium prices from the Greenbushes mine provide some financial relief.
Iluka Resources Faces $565m Blow Over Cataby Suspension
Iluka Resources confronts a $565 million financial setback due to the suspension of its Cataby operations and a sharp decline in mineral sales prices, impacting the Australian mining sector.
Mount Ridley's Esperance Scandium Haul Revealed
Mount Ridley Mines has announced a world-class scandium resource at its Esperance project, positioning it among the largest globally and boosting its multi-commodity critical minerals potential.
Noronex Starts Maiden Uranium Drilling in Namibia
Noronex Limited has launched its inaugural reverse circulation drilling program at the Etango North uranium project in Namibia, targeting high-priority anomalies in a world-class uranium district.
Horizon Hits Bonanza Gold at Coolgardie's Burbanks
Horizon Minerals reports spectacular gold intercepts up to 396.6g/t at its Burbanks project near Coolgardie, advancing its hub-and-spoke strategy in WA's Goldfields.
St George Mining Boosts US Ties for Brazilian Rare Earths
St George Mining has hired a Washington DC government relations firm to pursue US funding for its Araxá critical minerals project in Brazil, which contains high-grade rare earths and niobium.
Venus Maps Multi-Million-Tonne Zinc-Indium Prize in WA
Venus Metals Corporation has defined a substantial zinc-indium exploration target at its Pincher Well project in Western Australia's Youanmi district, revealing potential for 8-12 million tonnes with valuable critical metal credits.
Great Southern Mining's Shallow Gold Hits at Mon Ami
Great Southern Mining has reported encouraging shallow gold intercepts at its Mon Ami project in Western Australia, suggesting a new parallel lode that could expand the existing resource.
True North Copper Boosts Queensland Copper-Gold Stash
Queensland explorer True North Copper has significantly increased its Wallace North copper-gold resource after recent drilling, with impressive intercepts including 9m at 4.33% copper and 3.64g/t gold, boosting overall project inventory.
WA Rejects Gold Royalty Increase, Loses $500M+
The Western Australian government has ruled out adopting a recommended gold royalty rate increase, resulting in over $500 million in forgone revenue for the state.
Red Metal's Geochemical Gold Clues in Pilbara
Red Metal Limited has identified promising geochemical indicators at its Pardoo gold project in Western Australia's Pilbara, suggesting potential for deeper basement-hosted mineralisation along the Hemi structural corridor.
Infini Maps Major Uranium Corridor in Athabasca Basin
Infini Resources has identified an 80km electromagnetic conductor strike across its Canadian uranium projects, revealing a 20km by 5km prospective corridor ahead of maiden drilling next quarter.
Northern Minerals Faces Board Coup Over Chairman Adam Handley
Northern Minerals confronts a new boardroom challenge as a major shareholder moves against executive chairman Adam Handley, escalating corporate tensions.
Ex-Mining Boss Guilty of Environmental Offences in FNQ
A former mining executive in Far North Queensland has been found guilty of environmental offences, highlighting regulatory enforcement in the region's resource sector.
SA Gold Miners Miss Trump Rally, Tech Stocks Soar
South Australian gold explorers largely missed a market surge driven by Trump's geopolitical uncertainty, while local tech companies led as top weekly gainers.
Castle Minerals Reclaims Gold Projects Near Meekatharra
Castle Minerals has terminated its option with Great Boulder Resources and retaken 100% control of its Polelle and Wanganui gold projects near Meekatharra in WA's goldfields region, with high-grade intercepts highlighting potential.
Wiluna Mining Eyes ASX Listing with Mine Revival Plan
Wiluna Mining is pursuing an ASX listing under new ownership, aiming to revitalise its namesake mine in Western Australia after previous setbacks.
Hastings Inks Niobium Deal for WA Rare Earths Projects
Hastings Technology Metals partners with Enuo Holdings to extract valuable by-product critical minerals like niobium from its Yangibana and Brockman rare earths projects in Western Australia.
Hastings Inks Niobium Deal for WA Critical Minerals
Hastings Technology Metals partners with Enuo Holdings to extract valuable by-product critical minerals like niobium from its Yangibana and Brockman rare earths projects in Western Australia.
Auric Mining's Munda Gold Project Enters Production Phase
Auric Mining has commenced its second toll processing campaign at the Munda gold project near Widgiemooltha, Western Australia, as gold prices surge to record highs, positioning the company for strong cash flow generation.
Rio2 Ltd's Fenix Gold Mine Achieves First Pour
Canadian miner Rio2 Ltd has officially poured first commercial gold at its Fenix mine in Chile, marking its transition to producer status after years of development.
Rio2's Fenix Gold Mine in Chile Produces First Gold
Canadian miner Rio2 Ltd has successfully poured its first commercial gold at the Fenix mine in Chile, marking a key transition to producer status and setting the stage for significant output in 2026.
Dateline's Colosseum Project Shows Deep Gold-Rare Earths Potential
Dateline Resources' latest geophysical survey at its Colosseum project in California reveals promising chargeability zones at depth, hinting at a large mineral system for gold and rare earths.
Golden Boulder Discovery Yields More High-Grade Gold in WA
Great Southern Mining's latest drilling at the Golden Boulder discovery in WA's Eastern Goldfields has returned shallow, high-grade gold results, with assays pointing to a significant system with both grade and scale.
Fortescue Wins Investor Support for Copper Expansion
Fortescue Metals Group secures investor approval for its copper-focused strategy, with a cash splash winning over Alta investors as the company diversifies into the critical mineral sector.
Fortescue Wins Alta Copper Shareholder Vote for Takeover
Fortescue Metals Group clears a key hurdle in its copper expansion as shareholders of Peru-focused Alta Copper approve the takeover deal, valuing the explorer at $146 million.
Gateway Mining Boosts Yandal Gold Exploration
Gateway Mining has accelerated drilling at its Yandal gold project in Western Australia, focusing on the Haflinger discovery and Mustang shear structure to define resources ahead of reverse circulation drilling.
BHP Takes 'Same Job, Same Pay' Fight to High Court
BHP appeals Fair Work Commission ruling to High Court, claiming 'same job, same pay' precedent will drag down mining productivity, affecting thousands of Queensland workers.
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