Miners ride the ASX record high - Mining.com.au
WEB1 day ago · Materials was the strongest performing sector on Thursday (19 September), as the ASX continued to notch new records. The S&P/ASX 200 hit a new closing high of 8,191.90 points following a 49.80 point, or 0.61% rise, setting a new 100-day record and beating its most recent record closing price reached on Monday (16 September).. Six of the 11 sectors ended higher, with materials leading the ...
News Archives - Mining.com.au
WEB3 days ago · Recent Articles. Western Mines lands 'best high-grade' nickel hit yet at Mulga Tank 17 September, 2024 High-grade antimony discovery at Herberton: Iltani Resources CEO Donald Garner explains 17 September, 2024. Hertz Energy CEO Kal Malhi on critical minerals: Lithium, uranium, and antimony projects 17 September, 2024. Alma Metals tops up coffers to expand Briggs drill program 17 September, 2024
Record ASX surge continues - Mining.com.au
WEB14 hours ago · Investors are continuing to flock to stocks, with the ASX continuing its strong run on the back of US rate cuts. The S&P/ASX 200 gained 53.60 points, or 0.65%, to hit 8,245.50 points at 10:50am AEST. 10 of the 11 sectors are higher. Materials gained 0.59%, energy was up 0.31% and industrials shifted 0.24% higher this morning (20 September).
Onsite at Briggs Copper Project: In-depth update with Alma …
WEB1 day ago · Join Shae Russell as she catches up with Alma Metals (ASX:ALM) Managing Director Frazer Tabeart live from the Briggs Copper Project in Queensland. Tabeart provides a detailed update on the progress, including recent drilling results, extended exploration plans, and the company’s strategic vision for advancing the project. Key topics include: Stay tuned for more updates […]
Resources Week: New NT Government to ‘vigorously’ pursue mining
WEB18 hours ago · With mineral exploration reaching a record high $227.4 million in 2023-24 — up from $200.1 million in 2022-23 — the CLP government says it is aiming to capitalise on this new record. Finocchiaro notes this 14% increase was nearly nine times higher than the Australia-wide increase of 1.6%. Deputy Chief Minister Gerard Maley says the mining ...
Western Mines lands ‘best high-grade’ nickel hit yet at Mulga Tank
WEB3 days ago · Western Mines Group (ASX:WMG) has discovered two “high-grade” zones at its flagship Mulga Tank Project, with drilling revealing the “best high-grade intersection ever drilled”.. Geochemical assay results received from a phase-three drilling program show broad zones of nickel sulphide mineralisation, with all three holes ending in mineralisation.
Ebbs and flows: Australia’s mining outlook - Mining.com.au
WEBDec 22, 2023 · Resource and energy exports are forecast to be $408 billion in 2023–24, down from a record $466 billion in 2022–23. “Weak demand and improved global commodity supply imply a fall in prices, more than offsetting the impact of a forecast small rise in export volumes. Export values are forecast to fall by 15% to …
Australia Archives - Mining.com.au
WEBSep 9, 2024 · Mining.com.au is published by Mayfair Media Operations Pty Ltd ABN 94 627 513 295. The information that we provide is general in nature and is not financial advice.
Australian minerals sector delivers record tax, royalty payments
WEBMay 27, 2024 · In FY 22-23 Australia’s minerals sector contributed $42.5 billion in company tax and a decade-high $31.5 billion in royalties, according to the Royalty and Company Tax Payments report. The Minerals Council of Australia (MCA) says these record tax and royalty payments reflect the sector’s commitment to paying its “fair share.”.
Untapped: Australia ‘underexplored’ despite rich endowment
WEBUntapped: Australia ‘underexplored’ despite rich endowment. In 2022, Australia spent more than $4 billion on mineral exploration, which is a 13% increase from 2021. Critically, in decade to 2021 Australia accounted for 18% of all discoveries and since 2015 the country generated the greatest return on investment in the world achieving better ...