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BHP’s profit soar in 2022

BHP CEO Mike Henry Diversified miner BHP has reported a 34% increase in profits for the year ended June, along with record underlying earnings before interest, tax, depreciation and amortisation (Ebitda). Profit from operations reached $34.1-billion in the year ended...

Onslow Iron sets out to redefine WA mining

Early works at Onslow port. Mineral Resources (MinRes)’ transformational Onslow Iron project (formerly known as the Ashburton project) in Western Australia has commenced early works to support first ore on ship around December 2023. Onslow Iron will unlock stranded...

Peninsula DFS proves up in Wyoming

A definitive feasibility study (DFS) into the Ross and Kendrick production areas, at the Lance uranium project, in Wyoming, has proven positive for ASX-listed Peninsula Energy. The DFS estimated that the two production areas could produce a combined two-million pounds...

Surface find opens up open pit potential for Auking

Auking Mining has confirmed a broad, near-surface copper/zinc sulphide deposit at Emull, within its flagship Koongie Park project in Western Australia’s Halls Creek region. The company’s 1094 metre reverse circulation program, consisting of eight holes, found...

Stanmore acquires all of former BHP Mitsui Coal

Stanmore Resources has fully acquired the former BHP Mitsui Coal, previously renamed to Stanmore SMC after the company bought BHP Minerals’ 80 per cent interest through the acquisition of all the shares in Dampier Coal. The subsidiary has now entered into a definitive...
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