Rinehart records strong profits
Hancock Prospecting has recorded a strong end of financial year profit of $5 billion off the back of a supposed push by Rinehart to acquire more lithium assets.
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St Barbara set up for growth
St Barbara has released its 2024 financial year (FY24) outlook report and updates on its Atlantic and Simberi operations.
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Kathleen Valley hits halfway mark
Liontown’s Kathleen Valley lithium project in WA is over 50 per cent complete, with first production expected in mid-2024.
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Metso raises profitability targets
The Metso board of directors has raised the company’s financial targets, with an adjusted earnings before interest, taxes, depreciation and amortisation (EBITA) margin exceeding 17 per cent over the cycle.
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Record year for Rinehart’s Roy Hill
Hancock Prospecting announced a $2.7 billion profit in its 2022–23 financial year (FY23) results for its Roy Hill mine in the Pilbara.
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Mixed financial year results for Atlas Iron
Hancock Prospecting subsidiary Atlas Iron has released its 2023 financial year (FY23) results.
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More iron ore for MinRes
Mineral Resources (MinRes) has released its September quarterly report, with iron ore coming out on top.
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Mixed quarter for Lynas
While market demand remained in line with expectations, Lynas Rare Earths recorded reduced sales revenue of $128.1 million for the September quarter.
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Resources companies round out the SA Business Index
The South Australian Chamber of Mines and Energy (SACOME) has announced that 46 per cent of its members have made up InDaily’s South Australian Business Index.
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Red 5 shines in September quarter
Red 5 has released its September 2023 quarterly report, where it celebrated its 55,009-ounce gold production from the King of the Hills (KOTH) project.
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MinRes celebrates its FY23 results
Mineral Resources (MinRes) has released its 2023 Annual Reporting Suite, providing a comprehensive look into the company’s achievements over the past financial year (FY23).
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Hancock becomes Liontown’s largest shareholder
Ahead of Albemarle’s $6.6 billion takeover of Liontown Resources, Gina Rinehart’s Hancock Prospecting has increased its strategic stake in Liontown to 16.7 per cent.
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Red 5 raining gold
Red 5 has announced a 55,009-ounce gold production for the September 2023 quarter from its King of the Hills (KOTH) project in the eastern Goldfields region of WA.
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Coronado amends market guidance
Metallurgical coal producer Coronado Global Resources has altered its market guidance for the financial year ending December 31 2023 (FY23).
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A new life for Leonora
Genesis Minerals has seen a strong production start and cash flow at the Leonora operations for the September quarter.
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Core Lithium marks first full-year profit
Core Lithium has released its first full-year financial results as a lithium producer, highlighting first spodumene concentrate produced and shipped from the Finniss operation in the Northern Territory.
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Bellevue’s golden year
Bellevue Gold has released its 2023 annual report, which details progress made in areas such as development and exploration, sustainability, and people and culture.
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A golden year for Genesis
Genesis Minerals chair Anthony Kiernan has described the past year as “transitional” and “formative” for the company in its 2023 financial year report.
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New Hope sees $1 billion in profits
Coal producer New Hope Group has released its 2023 financial year results (FY23) ending July 31 2023.
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Whitehaven reveals interest in key BHP coal mines
Whitehaven Coal has confirmed it is currently in line to acquire BHP’s Daunia and Blackwater metallurgical coal mines in Queensland.
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