Yesterday
Iluka CEO backs efforts to loosen China’s rare earths stranglehold
Tom O’Leary says Western governments had acknowledged ‘China’s monopoly’ by acting to secure their own sources of critical minerals.
This Month
Rio Tinto defeats activist hedge fund push to axe dual listing
The miner’s board has won its months-long battle with Palliser Capital after shareholders voted down its proposal.
April
MinRes rules out equity raise as debt mountain hits $5.4b
The diversified miner burnt through $300m of cash in three months, but its shares jumped as fears of a dilutive share placement were alleviated.
Gina Rinehart-backed Delta Lithium to spin out WA gold mine
The junior explorer will separate its gold assets into Ballard Mining and launch an IPO to take advantage of astronomical demand.
Lynas blasts Labor over critical minerals stockpile plan
Lynas CEO Amanda Lacaze has warned Labor’s critical minerals stockpile will be counterproductive and may damage Australia’s only rare earths producer.
Will uranium ever get its day in the sun?
It was one of the hottest trades of last year. Now the commodity has a new claim to fame – it dominates the list of most-shorted stocks.
Lithium investors fear price plunge from Labor stockpile
A fresh wave of supply would deal another blow to lithium prices, which Citi already expects to fall a further 27 per cent in coming months.
Woodside eyes competitive edge with US project
Woodside says its Louisiana gas project can defer tariffs under a US free trade zone, giving it a cost edge over US LNG competitors.
MinRes loses the final member of its board ethics committee
Denise McComish’s abrupt exit follows the departure of Jacqueline McGill and Susie Corlett from the West Australian miner, which already had investors on edge.
Capricorn Metals chief stood down after aggravated assault charge
Paul Criddle pleaded not guilty in a Fremantle court a week ago, but shareholders were only informed on Tuesday afternoon when the gold miner told the ASX.
Super funds demand answers after MinRes board exodus
Susie Corlett and Jacqueline McGill have been critical of founder Chris Ellison, and their exit has raised questions about plans to overhaul governance.
Evolution Mining pockets gold windfall as NSW mine life extended
The ASX-listed company’s margins are bulging after producing bullion for $1600 an ounce and then selling at more than three times that cost.
Bellevue Gold flags takeover talk after bad hedges force $156m raise
The struggling West Australian gold miner has been forced into a dilutive fundraising to close out lowball forward hedging contracts.
Northern Star set to seal $6b De Grey buyout in mega gold deal
The price tag is the highest ever for an undeveloped Australian project, and the buyer hopes to take control of the promising Hemi development.
Rio Tinto and Mitsui target billionaire Creasy’s Pilbara iron ore
The giant miner and Japanese trading house have bid $75 million for the legendary prospector’s iron ore tenements.
Rio says Australian dividends at risk if investors back activist fund
ASX shareholders will vote on whether to force the miner to review its dual-company structure and end its primary London listing next month.
Australian exports safe from Trump’s ‘beautiful coal’ dream
The president’s push to reinvigorate the US coal industry will not seriously affect Australia dominance of exports to China, experts say, but prices are likely to fall further.
Trump cites Australia in his ‘beautiful clean coal’ energy overhaul
US President and fossil fuel advocate Donald Trump has noted Australia’s sales to China when signing executive orders to turbocharge coal production.
Gold Road pushes for higher bid as mine study suggests vast riches
WA miner says scoping study suggests Gold Fields’ $3.3 billion bid undervalues prospects for the Gruyere joint venture.
MinRes debt anxiety grows as lithium miners walloped by tariff fears
The company’s debt is trading at an increasing discount as investors fret about billions of dollars in loans far higher than its market capitalisation.