by Gordon Barratt | Apr 24, 2025 | News
The world’s biggest gold miner Newmont beat Wall Street estimates for first-quarter profit on Wednesday as a rally in bullion prices helped offset lower production, sending its shares up 2% after hours. The average price of gold has been rising over...
by Gordon Barratt | Apr 24, 2025 | News
As much of the world shutters coal power plants and shelves new proposals, Indonesia is bucking the trend — adding the third-highest volume of coal capacity globally in 2024, driven largely by the need to power a growing fleet of metal smelters. This places Indonesia...
by Gordon Barratt | Apr 24, 2025 | News
The Western Australian Government has announced $11.2 million in funding through the latest round of the Exploration Incentive Scheme (EIS), designed to encourage exploration for the long-term sustainability of the resources sector. The latest round of funding will...
by Gordon Barratt | Apr 24, 2025 | News
The merger of ASX-listed Sayona Mining and Piedmont Lithium has made progress, now targeting a mid-2025 completion date. Originally announced in November, the merger is set to create the largest hard-rock lithium producer in the US. The transaction will...
by Gordon Barratt | Apr 23, 2025 | News
Surging gold and the slide in oil prices are offering some African countries a rare boost, as the region copes with the fallout from President Donald Trump’s trade war and freeze on US aid. While oil exporters Angola and Nigeria will be hit after Brent crude slumped...
by Gordon Barratt | Apr 23, 2025 | News
The Federal Court of Australia has approved Northern Star Resources’ $5 billion acquisition of De Grey Mining under the Corporations Act 2001. De Grey now intends to lodge a copy of the court orders with the Australian Securities and Investments...