mining investment

Perenti posts record $1.73B revenue but faces cash flow setbacks, Botswana project struggles, and mining services decline as it reaffirms FY25 guidance

ASX-listed mining services group Perenti Limited (ASX: PRN) has posted record half-year revenue with a 6 percent increase from 1H24, but flagged challenges in its Mining Services and idoba division, payment delays, and project underperformance in Botswana.

Gold glitters as exploration stumbles: Aussie miners dig deep in a shifting landscape, balancing boom and bust in the hunt for the next big find

The latest data from the Australian Bureau of Statistics (ABS) reveals a mixed landscape for mineral exploration in Australia during the December 2024 quarter.

Rio Tinto commits $1.8B to Brockman Syncline 1 mine project, extending Pilbara iron ore operations and securing long-term supply for global markets

Global mining giant Rio Tinto has announced a $1.

Ramelius digs deeper: Granodiorite reshapes gold exploration at Mount Magnet, unlocking new discoveries beyond traditional BIF-hosted deposits

A shift in geological thinking is reshaping exploration at Ramelius Resources’ Mount Magnet Gold Camp, where the company is moving beyond traditional banded iron formation (BIF) deposits to focus on granodiorite-hosted mineralisation.

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