NDIS to Overtake Mining Revenue in Two Years, Budget Reveals
Federal government data indicates NDIS annual spending will exceed $60 billion, surpassing mining export revenue within two years, raising economic concerns.
Federal government data indicates NDIS annual spending will exceed $60 billion, surpassing mining export revenue within two years, raising economic concerns.
Western Australia's junior mining sector is grappling with a severe diesel shortage, threatening to idle workers and disrupt operations across remote sites.
Pacgold Limited advances its White Dam project in South Australia, commissioning a new crusher for heap leach re-crush and reporting strong drilling results from the Vertigo pit.
Siren Gold reports significant gold hits at its Sams Creek project in New Zealand, with new drilling confirming a 7km dyke system and potential for resource growth beyond the current 824,400 ounces.
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RecommendedTrue North Copper plans to boost gold inventory through advanced exploration at its Wynberg project in Cloncurry, Queensland, leveraging historic data and new surveys for potential high-grade discoveries.
Rio Tinto and BHP have acquired a significant copper deposit in the US following a protracted court dispute, boosting their mining portfolios amid rising demand for the metal.
Dateline Resources has finished a high-resolution helicopter survey at its Music Valley heavy rare earths project in California, targeting critical minerals for global energy transition technologies.
West African Resources reports a doubling in profit as gold prices reach record highs, driven by strong production and market demand.
MetalsGrove Mining launches a detailed exploration campaign at its Zuénoula gold project in Côte d'Ivoire, using regolith mapping and high-resolution LiDAR to identify drill targets in a gold-rich region.
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RecommendedSouth32 has completed its withdrawal from the Mozal aluminium refinery in Mozambique, ending a 25-year involvement. The company sold its stake to Japanese partners, marking a strategic shift in its portfolio.
Australian explorer Centaurus Metals has entered a significant nickel offtake agreement with Glencore, potentially valued at US$450 million, marking a key step for its Brazilian project.
Estrella Resources has received full assay results from its Werumata project, reinforcing a potential 500-million-tonne limestone resource with low impurities, ideal for industrial uses like nickel processing.
Gateway Mining has commenced its first systematic drilling program at the Great Western gold prospect in Western Australia, targeting a 16km dolerite unit with high geological promise.
Perseus Mining has sold its Meyas Sand gold project in Sudan for $372 million due to civil war disruptions, impacting operations and prompting a strategic exit.
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RecommendedAustralian mining firm Lynas Rare Earths has secured a price floor agreement with the US Department of Defense, ensuring stable revenue for its Texas processing plant and boosting supply chain security.
Mineral Resources has commenced operations at Little Lamb Creek, marking the first new iron ore mine set for production in 2026, boosting Australia's mining sector.
Production has been suspended at South32's Worsley alumina refinery following a tragic incident where a worker is believed to have died after falling from height.
The NSW Subsidence Advisory agency faces allegations of withholding crucial mine data, raising concerns about transparency and public safety in mining regions.
Workers at Tahmoor Coal in New South Wales are facing job losses and uncertainty after billionaire owners failed to secure the mine's future, highlighting the human cost of corporate decisions.
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RecommendedThe Chamber of Minerals and Energy of Western Australia has revealed the full list of winners for the 2026 Women in Resources Awards, celebrating female excellence in the mining and resources sector.
Horizon Minerals plans to use a 460,000-tonne ore stockpile from Boorara to kickstart its Black Swan gold processing hub in Western Australia's Goldfields by mid-2027, reducing startup risks.
Investors are losing confidence in BHP's ability to overcome China challenges, while Rio Tinto and Fortescue benefit from iron ore price spikes, reshaping mining sector dynamics.
Quantum Graphite's partner signs MoU with Oman's Al Buraimi for a large graphite refinery, linking South Australia's Uley mine to global battery and energy markets.
Terrain Minerals has initiated a follow-up aircore drilling program at its Lort River rare earths project in Western Australia, targeting high-grade magnet rare earths in a vast clay basin.
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RecommendedPremier1 has finished a reverse circulation drilling program at its Yalgoo gold project, targeting high-priority areas to expand resources in the greenstone belt, with assay results pending.
Trent Napthali, a mechanical fitter with 23 years at Tahmoor coal mine, must decide on redundancy by Friday as liquidation forces 238 job cuts, highlighting worker distress and uncertain futures.
Northern Star Resources has reduced its full-year gold production forecast for the second time due to ongoing mill problems at key sites, impacting output and investor confidence.
Mineral Resources appoints Paul Everingham as Director of Strategy and Growth, succeeding Tim Picton, who passed away recently. The move aims to bolster the company's strategic direction.
St George Mining partners with Nanum Nanotecnologia to explore downstream processing, aiming to upgrade its Araxá rare earths mix by separating cerium and lanthanum for higher-value magnet elements.
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RecommendedMining executive Duncan Thain Craib has taken the investor gossip forum HotCopper to the Supreme Court, alleging defamation by anonymous phantom posters. The case highlights legal challenges in online forums and corporate reputation management.