InDaily

Tag: mining

  • Inside the ‘growing dependence’ that’s redefining Australian mining

    Inside the ‘growing dependence’ that’s redefining Australian mining

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    David Simmons
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    As global demand for critical minerals and sustainability surges, the mining industry is experiencing a new period of transformation with a growing number of mining companies shifting away from traditional, in-house infrastructure models to third-party providers. This evolution reflects a broader industry trend toward enhanced operational efficiency, sustainability, and digital innovation. Growing dependence on external…

  • Aussie mining giant’s SA boon amid profit slump

    Aussie mining giant’s SA boon amid profit slump

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    David Simmons
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    Miner BHP saw its South Australian earnings grow by 23 per cent in the last financial year, driven by higher-than-average realised prices for copper, gold and silver. The group generated US$1.9 billion in FY25 from SA operations – up from US$1.6 billion the year prior – and produced 316 kt of copper over the 12…

  • Winners and Losers: Koonenberry strikes gold

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    Koonenberry Gold also announced it would raise $4.5 million, with major shareholder Lion Selection Group and incoming backer Lowell Resources Fund supporting the placement. The company is planning on buying two projects: the Enmore Gold Project from Global Uranium & Enrichment and the Lachlan copper and gold projects from Gilmore Metals. The announcements saw its…

  • Digging deep: Mining stocks poised to end month on nine-year high

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    At noon AEST on Friday, the benchmark S&P/ASX200 index was up 1.3 points, or 0.02 per cent, to 8,205.0 , while the broader All Ordinaries was up five points, or 0.06 per cent, to 8,467.8 With a few hours of trading left, the ASX200 was on track to finish the week basically flat, to finish…

  • Winners and Losers: Titanium discovery sends Petratherm soaring

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    Petratherm closed up 115 per cent on Friday after the company announced it discovered high-grade titanium-rich heavy mineral sands over “several kilometres” at its Muckanippie Project southwest of Coober Pedy. Australia, the United States, the European Union and more list titanium as a critical mineral due to its uses in electric vehicles, battery storage, wind…

  • Green groups beware, Dutton says he’s best friend resources sector has ever had

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    Mr Dutton will commit to defunding the Environmental Defenders Office and limiting the the ability for third parties to challenge decisions under the Environment Protection and Biodiversity Conservation Act if he becomes prime minister. “A government that I lead will not allow activists to dictate economic policy and to pull the handbrake on our prosperity,”…

  • Dutton vows to target green activists in mining push

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    “A government that I lead will not allow activists to dictate economic policy and to pull the handbrake on our prosperity,” Dutton will say in an address to the Minerals Council of Australia on Wednesday. “And we will cut green tape while striking the right balance between our responsibilities to the environment and the economy.”…

  • Woe are we: Mining industry warns of looming impact on ‘industry under siege’

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    Miners are “under siege” from a steady stream of restrictive policy interventions, Minerals Council of Australia chief executive Tania Constable told investors, politicians and diplomats at an industry dinner on Monday. “The environmental approvals process must be sorted out,” she told Prime Minister Anthony Albanese. The industry spokeswoman slammed what she described as a series…

  • How Queensland will extract itself from the shambles of the 2020s

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      The 2020s have changed us in lots of different ways, but there were a truckload of things no one ever saw coming, like the vast number of people who can’t afford to put food on the table or pay rent, or the increase in the number of people sleeping in cars. Everything from who…

  • Iron on the slide, but copper and aluminium keep Rio in solid shape

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    Profit after tax attributable to the group was $US5.8 billion ($A8.9 billion) for the six months to June 30, little changed from $US5.1 billion a year earlier, the company announced on Wednesday. Underlying EBITDA (earnings before interest, taxes, depreciation and amortisation) rose three per cent to $US12.1 billion ($A18.5 billion). “We are at an inflection…