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Westgold (ASX:WGX) has finally given the green light to resume mining operations at the iconic Great Fingall mine near Cue in the Western Australian goldfields. Having made a significant discovery earlier this year regarding the nature and location of gold mineralisation at Great Fingall, Westgold has been considering restarting mining activities. The Great Fingall mine […]

The Jaguar deposit, discovered in 2002, became an underground operation in 2007 under Jabiru Metals’ management. Following various ownership changes, it ended up under Aeris Resources (ASX:AIS)  in July of the previous year. Exactly a year later, on 5th July, Aeris confidently conveyed to the market the “significant potential to increase the resource at the

Red 5 (ASX:RED) has reported a fourth consecutive month of increasing production from its King of the Hills mine, located in the Leonora region of WA’s Eastern Goldfields. Simultaneously, Red 5 has released findings from an underground drilling campaign at the mine, outlining additional reserves that will be extracted over the next year or so.

De Grey Mining (ASX:DEG) announced that new drill results from the Diucon and Eagle deposits at its major Hemi prospect in WA’s Pilbara have increased the likelihood of a larger-than-expected open-pit mining operation. The Diucon and Eagle finds are located to the west of the main Hemi deposit. De Grey stated that the latest results

Allkem (ASX:AKE, TSX:AKE) has updated their James Bay Lithium Mineral Resource in Québec, Canada by 173% to 110.2 million tonnes. Managing Director and CEO, Martin Perez de Solay said, “James Bay is now one of the largest spodumene lithium assets and clearly has the potential to grow even further as the boundaries of mineralisation are

At noon, the S&P/ASX 200 is 0.13 per cent lower at 7,347.80. Investors are processing a series of corporate earnings reports. The market was impacted by a decline in energy and mining stocks, which counteracted the gains made in the consumer discretionary sector. Notable events included BlueScope Steel (ASX:BSL) experiencing a 3.4% decrease due to

Shareholders of Baby Bunting (ASX:BBN) are set to receive a reduced final dividend for the 2022-23 financial year, as the company unveiled a nearly 50% decline in net profit due to vanishing sales growth and pressure on profit margins. The company informed the ASX on Friday that shareholders would be granted a final dividend of

Newcrest Mining (ASX:NCM), the country’s largest gold miner, is poised to be acquired by Newmont in a US$19 billion all-paper deal. The company’s transition away from independence is marked by a lacklustre performance, as it reported a 10.8% decline in annual profits on Friday. In what serves as its final financial report, Newcrest’s directors attributed

Furniture retail giant Nick Scali (ASX:NCK) has exceeded market expectations by achieving a remarkable 26.1% increase in net profit for the full fiscal year, reaching a total of $101.1 million. This success has been attributed to the company’s enhanced delivery services to customers and the strategic inclusion of the Plush-Think Sofas business, both of which