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Metal and mining
Rio Tinto Commits $2.8 Billion to Expand Iron Ore Operations in Western Australia
March 06, 2025 04:03 PM AEDT| By Team Kalkine MediaHighlights,Rio Tinto (RIO) invests $2.8 billion to extend the Brockman iron ore mine.,The project will process up to 34 million tonnes of iron ore annually, with operations beginning in 2027.,The development will generate 1,000 construction jobs and...
Argent Minerals (ASX:ARD) Expands High-Grade VMS Discovery at Kempfield NW
March 06, 2025 03:58 PM AEDT| By Team Kalkine MediaHighlights,Significant VMS mineralisation confirmed,over a 1.1 km strike length at Kempfield NW.,Drilling program intersects broad mineralised zones,, with silver and base metal content.,Potential for further exploration upside,as mineralisation rema...
Capricorn Metals Faces Profit Decline Amid Rising Costs and Lower Production
March 06, 2025 01:47 PM AEDT| By Team Kalkine MediaHighlights,Capricorn Metals' first-half net profit fell 20% due to lower gold production.,Rising operational costs,impacted,the financial performance of the company.,The stock has gained about 50% over the past year despite the recent dip.,Capricorn...
Nagambie Resources (ASX:NAG) Expands Capital Facility to Boost Exploration Efforts
March 06, 2025 01:39 PM AEDT| By Team Kalkine MediaHighlights,Nagambie,Resources (NAG) increases its working capital facility by $1 million.,The funding will support antimony-gold resource drilling at,Nagambie,Mine.,Flexible financing terms secured until September 2025.,Nagambie Resources (ASX:NAG) h...
KGL Resources (ASX:KGL) Adjusts Entitlement Offer Timetable Amid Strict ASX Regulations
March 06, 2025 01:35 PM AEDT| By Team Kalkine MediaHighlights:,KGL Resources (,ASX:KGL,) revises entitlement offer schedule.,Up to $7.7 million expected to be raised.,New key dates include,offer,opening on 17 March and closing on 26 March.,KGL Resources (ASX:KGL) has updated the timeline for its prev...
RTG Mining (ASX:RTG) Secures $30M Boost with Glencore for Mabilo Project
March 06, 2025 12:30 PM AEDT| By Team Kalkine MediaHighlights,RTG Mining (RTG) partners with Glencore for a $30 million financing deal.,The funding covers full development costs for Stage 1 of the,Mabilo,Copper-Gold Project.,Offtake agreements,secured,, paving the way for production of high-grade cop...
Maronan Metals (ASX:MMA) Unveils Strong Drilling Results, Strengthening Project Prospects
March 06, 2025 12:29 PM AEDT| By Team Kalkine MediaHighlights,High-value silver-lead,mineralisation,confirmed across Eastern and Western Horizons.,Copper-gold lodes,identified,in shallow zones, enhancing early mining potential.,Updated resource estimate and preliminary mining studies underway.,Marona...
Predictive Discovery (ASX:PDI) Advances Bankan Gold Project with Major Milestones and Strategic Funding
March 06, 2025 12:24 PM AEDT| By Team Kalkine MediaHighlights,Secures A$69.2 million strategic investment for,Bankan,Gold Project development.,Regulatory approvals and environmental compliance achieved for project progression.,Definitive feasibility study (DFS) on track for completion in the second h...
Australian Rare Earths (ASX:AR3) Unveils Shallow Uranium Discovery, Expands Drilling Program
March 06, 2025 11:35 AM AEDT| By Team Kalkine MediaHighlights,Significant uranium discovery,at Overland Project, with potential for calcrete-hosted,mineralisation,.,Drilling extends key,palaeovalley,, revealing new exploration targets.,Accelerated drilling program,set,to continue, with priority assay...
Antipa Minerals (ASX:AZY) Resumes Trading and Advances Wilki Project Exploration
March 06, 2025 11:31 AM AEDT| By Team Kalkine MediaHighlights,Antipa,Minerals (AZY) resumes trading following a capital consolidation.,Regains full ownership and management of the Wilki Project after Newmont (,NYSE:NEM,) exits farm-in agreement.,Drill testing for the high-potential Parklands target,s...
BHP Shares Slide as Ex-Dividend Trading Reflects Adjusted Dividend Outlook
March 06, 2025 11:23 AM AEDT| By Team Kalkine MediaHighlights,Ex-Dividend Impact:,BHP shares dropped nearly 1% as they went ex-dividend for the interim dividend.,Financial Performance:,Half-year results showed a 23% decline in underlying attributable profit, dropping to US$5.1 billion.,Free Cash Flow...
RTG Mining and Glencore Forge Strategic Partnership for Mabilo Project Stage 1
March 06, 2025 11:21 AM AEDT| By Team Kalkine MediaHighlights,Strategic Alliance:,Mt. Labo partners with Glencore to secure offtake and financing for Stage 1 of the high-grade Copper and Gold Mabilo Project.,Robust Financing Package:,A secured facility of up to US$30 million, structured in three tran...
TG Metals Bolsters Portfolio with 80% Acquisition in Van Uden Gold Project
March 06, 2025 11:19 AM AEDT| By Team Kalkine MediaHighlights,Strategic Acquisition:,TG Metals has executed a Sale and Purchase Agreement (SPA) to acquire an 80% operating interest in the Van Uden Gold Project in Western Australia.,Attractive Transaction Terms:,The deal includes an upfront cash payme...
Pursuit Minerals Achieves Pilot Plant Milestone in Argentina
March 06, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Pursuit Minerals successfully commissions its 250tpa pilot plant for lithium carbonate production in Argentina.,The scalable operation aims to align with recovering global lithium demand.,Strategic positioning in Argentina opens doors for...
The Strategic Future of VHM's Goschen Project (ASX:VHM)
March 06, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,VHM's Goschen project in Victoria receives a three-year extension of its major project status from the federal government.,The project emphasizes the significance of rare earths and mineral sands in its developmental strategy.,Looking ahea...
Strategic Moves in the Resource Sector: Recent Developments
March 06, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,Almonty Industries partners with American Defence International to strengthen its tungsten supply position in the U.S.,Terra Uranium expands its portfolio with acquisitions in tin, silver, and gold, reinforcing its strategic position.,Lotu...
Blackstone Minerals Unveils Visible Gold at Mankayan Amid Merger Progress
March 06, 2025 01:55 AM AEDT| By Team Kalkine MediaHighlights,Visible gold identified,in latest drilling at the Mankayan copper-gold project.,Angled drilling approach,improves understanding of mineralization potential.,Merger with IDM International,advancing towards unlocking project value.,Blackston...
Sayona Mining (ASX:SYA) Faces Market Hesitation Despite Strong Revenue Growth
March 06, 2025 01:17 AM AEDT| By Team Kalkine MediaHighlights,Sayona Mining (SYA) holds a notably lower price-to-sales (P/S) ratio than its industry peers.,Despite strong historical revenue growth, future projections indicate slower momentum.,Market sentiment remains cautious due to expectations of w...
Spartan Resources (ASX:SPR) Gains Institutional Confidence Amid Market Growth
March 05, 2025 10:44 PM AEDT| By Team Kalkine MediaHighlights,Institutional investors hold a significant 35% stake in Spartan Resources (ASX:SPR).,The company’s market cap increased by AU$154 million, with a 9.2% stock price surge last week.,Top six shareholders collectively own around 51% of the com...
Fortescue’s (ASX:FMG) Growth Prospects: Dividends, Exploration, and Market Performance
March 05, 2025 10:32 PM AEDT| By Team Kalkine MediaHighlights,Fortescue’s (FMG) stock has seen a 14.1% decline since early 2025.,The company is expanding its focus beyond iron ore, venturing into copper, lithium, and rare earth exploration.,Strong dividend yields and demand for critical minerals supp...
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