Metal and mining


 Astral Resources Strengthens Its Position with Maximus Resources Stake Expansion

Astral Resources Strengthens Its Position with Maximus Resources Stake Expansion

February 27, 2025 01:32 PM AEDT| By Team Kalkine Media

Highlights,Astral Resources (,ASX:AAR,) increases its ownership in Maximus Resources (,ASX:MXR,) to 63.9%.,Beacon Minerals (,ASX:BCN,) fully exits its stake in Maximus, aligning with its strategic priorities.,The transaction accelerates,Astral's,acqu...

 Matsa Resources Announces Key Gold Project Deal with AngloGold Ashanti

Matsa Resources Announces Key Gold Project Deal with AngloGold Ashanti

February 27, 2025 01:30 PM AEDT| By Team Kalkine Media

Highlights:,Matsa Resources finalized an agreement involving its Lake Carey gold project.,The transaction includes a cash component and a structured payment plan.,Matsa retains strategic assets, focusing on production and exploration.,The gold mining...

 Aeris Resources (ASX:AIS) Reports Strong HY25 Performance with Significant Profit Growth

Aeris Resources (ASX:AIS) Reports Strong HY25 Performance with Significant Profit Growth

February 27, 2025 12:44 PM AEDT| By Team Kalkine Media

Highlights,Increased to $292.7 million, marking a 2% rise.,Net profit reached $29.6 million, reversing,a previous,loss.,Positive cash flow surged to $58.3 million from,nearly breakeven,.,Aeris Resources (ASX:AIS) has delivered an impressive set of fi...

 Brightstar plans to produce its first ore from the Fish mine before July, but the 11 billion shares in circulation pose a challenge.

Brightstar plans to produce its first ore from the Fish mine before July, but the 11 billion shares in circulation pose a challenge.

February 27, 2025 12:30 PM AEDT| By Team Kalkine Media

Highlights,Brightstar Resources (ASX:BTR) advances gold production at its Fish mine with development set for April.,Share dilution raises discussions on market valuation and potential restructuring.,Investments in infrastructure signal long-term grow...

 Raiden Confirms Presence of Nickel, Copper, and Cobalt in 10-Drill Program at Mt Sholl

Raiden Confirms Presence of Nickel, Copper, and Cobalt in 10-Drill Program at Mt Sholl

February 27, 2025 11:31 AM AEDT| By Team Kalkine Media

Highlights,Significant Mineralization Uncovered,– Key drill results indicate rich nickel, copper, and cobalt deposits.,New ‘Keel Target’ Discovery,– A potential expansion opportunity identified within the project area.,Ongoing Analysis for Future Ins...

 Top 5 Resources: Matsa Strikes a Deal Selling Lake Carey to AngloGold Ashanti

Top 5 Resources: Matsa Strikes a Deal Selling Lake Carey to AngloGold Ashanti

February 27, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlights,Matsa Resources (MAT) is set to sell its Lake Carey gold project to AngloGold Ashanti in a major deal worth $101 million.,Aeris Resources (AIS) reports a significant turnaround with a shift from a loss to a notable net profit in the first...

 Next to Carosue Dam, OzAurum is dreaming of striking gold.

Next to Carosue Dam, OzAurum is dreaming of striking gold.

February 27, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlights,OzAurum Resources commences a 20-hole RC drilling campaign at the New Cross Fault discovery.,The discovery is part of the Mulgabbie North Gold Project, near Northern Star Resources' Carosue Dam operation.,Assay results are anticipated shor...

 Argent is ongoing with the discovery of Kempfield's polymetallic resources.

Argent is ongoing with the discovery of Kempfield's polymetallic resources.

February 27, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlight,Recent assays reveal significant VMS mineralization at the Kempfield project.,The project holds a substantial silver resource, among the largest undeveloped in Australia.,Continuous exploration indicates potential resource expansion with fu...

 Maronan's drilling confirms the ongoing presence of extensive, robust lead-silver zones.

Maronan's drilling confirms the ongoing presence of extensive, robust lead-silver zones.

February 27, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlights,Strong continuity of silver and lead mineralization confirmed at Maronan project with recent high-grade assay results.,Emerging copper and gold lodes within the shallow Starter Zone point to potential early mining options.,Ongoing 2024 dri...

 New Age Exploration Advances Wagyu Gold Project with Significant Drilling Initiatives

New Age Exploration Advances Wagyu Gold Project with Significant Drilling Initiatives

February 27, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlights,A successful $1.6 million share placement boosts resources for New Age Exploration's Wagyu gold project under (ASX:NAE).,Phase 3 drilling aims to assess depth and continuity of gold mineralization similar to the Hemi deposit.,Upcoming expl...

 Western Australia’s Mining Future: Policy Shifts and Industry Impact

Western Australia’s Mining Future: Policy Shifts and Industry Impact

February 26, 2025 03:30 PM AEDT| By Team Kalkine Media

Highlights,Election outcomes could shape mining policies and economic strategies.,Government focuses on streamlining approvals while ensuring environmental oversight.,Energy transition and diversification plans drive industry evolution.,Western Austr...

 Fortescue Ltd (ASX: FMG) Shares Drop 4% on Wednesday, Here’s Why?

Fortescue Ltd (ASX: FMG) Shares Drop 4% on Wednesday, Here’s Why?

February 26, 2025 02:57 PM AEDT| By Team Kalkine Media

Highlights,Fortescue’s shares fall 4% to $17.19 after going ex-dividend.,The company declares a fully franked interim dividend of 50 cents per share.,Eligible shareholders will receive the dividend on 27 March.,Fortescue Ltd (ASX:FMG) experienced a 4...

 Inside Elementos Limited: An Insider Transaction Overview

Inside Elementos Limited: An Insider Transaction Overview

February 26, 2025 01:39 PM AEDT| By Team Kalkine Media

Highlights,Insiders invested AU$467k but faced a 12% stock decline at ASX:ELT.,No insider sales recorded in the past year for Elementos.,Insiders own 26% of Elementos, showing a solid alignment with company interests.,Over the past year, there has be...

 Aspire Mining's Financial Health: A Deep Dive into Cash Flow and Prospects

Aspire Mining's Financial Health: A Deep Dive into Cash Flow and Prospects

February 26, 2025 01:38 PM AEDT| By Team Kalkine Media

Highlights,Aspire Mining (ASX:AKM) has a strong cash runway of 5.4 years.,The company's cash burn is decreasing, indicating cautious financial management.,Raising additional funds seems feasible due to a low percentage of cash burn relative to market...

 Lynas Rare Earths Navigates Market Challenges with Strategic Investments

Lynas Rare Earths Navigates Market Challenges with Strategic Investments

February 26, 2025 12:34 PM AEDT| By Team Kalkine Media

Highlights,Lynas Rare Earths,(LYC),reports a decline in half-year profit due to market conditions.,Despite,overall,sales drop,,NdPr,sales volume sees a 23% increase.,Major project investments aim to enhance,capacity,, efficiency, and sustainability.,...

 Lynas Rare Earths (ASX:LYC) Strengthens Operations Amid Market Challenges

Lynas Rare Earths (ASX:LYC) Strengthens Operations Amid Market Challenges

February 26, 2025 12:23 PM AEDT| By Team Kalkine Media

Key Highlights:,Revenue increased by 8% to $254.3 million despite softer market demand for some rare earth elements.,Major operational milestones,achieved,, including the opening of the Kalgoorlie Facility and Mt Weld Expansion commissioning.,Strong...

 Olympio Metals Expands Gold Portfolio with Strategic Bousquet Project Acquisition

Olympio Metals Expands Gold Portfolio with Strategic Bousquet Project Acquisition

February 26, 2025 12:21 PM AEDT| By Team Kalkine Media

Highlights,Olympio Metals (OLY) secures an 80% stake in the high-potential Bousquet gold project.,The project enhances Olympio’s footprint along Quebec’s prolific Cadillac Break.,Historical drilling at Bousquet reveals promising high-grade gold inter...

 Lynas Rare Earths (ASX:LYC) Reports 85% Profit Decline Amid Lower Market Prices

Lynas Rare Earths (ASX:LYC) Reports 85% Profit Decline Amid Lower Market Prices

February 26, 2025 11:27 AM AEDT| By Team Kalkine Media

Highlights:,Net Profit Decline:,Lynas Rare Earths Ltd (,ASX:LYC,) reported an 85% drop in net profit after tax (NPAT) to $5.9 million, down from $39.5 million in the prior corresponding period.,Revenue Growth:,Despite the profit decline, revenue incr...

 BHP Group (ASX:BHP) Strengthens Global Copper Leadership Amid Expansion Plans

BHP Group (ASX:BHP) Strengthens Global Copper Leadership Amid Expansion Plans

February 26, 2025 11:21 AM AEDT| By Team Kalkine Media

Highlights:,Copper Expansion:,BHP Group Ltd (,ASX:BHP,) aims to increase copper production by 24% by June 2025, reinforcing its position as the world’s largest copper producer.,Financial Resilience:,The company reported an underlying EBITDA of $12.4...

 Brightstar Resources Moves Forward with Gold Production Expansion

Brightstar Resources Moves Forward with Gold Production Expansion

February 26, 2025 11:00 AM AEDT| By Team Kalkine Media

Highlights:,Mining approvals secured for the Fish underground project, paving the way for ore production in the upcoming months.,Multiple ore sources set to support operations under the agreement with Genesis Minerals.,Exploration and feasibility stu...

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