Recent News
Orbit kicks off partner-funded NSW copper-gold drilling
Orbit Resources has started partner-funded drilling at its Goodrich copper-gold project in NSW, targeting extensions to a previous porphyry discovery that hit 136.55m of mineralisation.
Trump’s Fed nightmare: Rates won’t be slashed. They could surge now
The US president’s demands for falling interest rates are going to be ignored when the Federal Reserve responds to last month’s hotter-than-expected inflation rate.
Larvotto extends NSW high-grade gold-antimony system at Hillgrove
Larvotto Resources has hit high-grade gold-antimony up to 9.61g/t gold equivalent at the Freehold prospect in its NSW Hillgrove project, doubling the mineralised strike to 700m.
Qantas using AI as ‘Trojan horse’ for lay-offs, says union
Citing the impact of AI, the airline will send 850 back-office jobs, “mostly” to India, through professional services firm Accenture.
Locksley locks onto 10km copper trend in NSW land grab
Locksley Resources has grown its NSW copper-gold footprint to 1,000sq km after securing a new licence hosting an undrilled 10km geological structure on the prospective Tritton Trend.
Peruvian copper muscle drives US$50M earnings bonanza for Rio2
TSX-listed Rio2 Ltd banked US$115M in quarterly revenue and US$50M in EBITDA as its Peruvian copper mine delivered and its weather-affected Chilean gold continued to ramp up in Chile.
Macquarie admits ‘bonus’ savings rate failure, agrees to pay $14 million
The corporate regulator said customers should not have to scrutinise every transaction and that Macquarie had failed to prevent confusion to customers.
I can tell you why Qantas sent 850 jobs to India in just two words
When bonuses are tied to profits, company leaders make short-term decisions that benefit themselves.
CBA’s late mortgage payments tick up as interest rate rises bite
Data from the Commonwealth Bank of Australia attributed the small increase in the number of people struggling to inflation and rising interest rates.
Capability X takes AI brains to the industrial jungle
Perth AI developer Capability X is heading to the ASX with $12 million in the bank and multiple devices deployed, using technology to target industrial safety and automation.
The midterm message to Trump and Albanese: Fix the economy to keep your job
What can governments do about cost of living? Nothing that is quick or painless.
Stressed and out of pocket: David Jones’ great-great-great grandson is owed money, too
Ben Nothling, a sixth-generation descendant of the Welsh entrepreneur David Jones, owns a shoe business. He’s owed $130,000 by the collapsed retailer.
Who is Alice Huang? The suspected Chinese spy at the centre of the Nvidia scandal
At the heart of the controversy surrounding one of the world’s biggest companies is a former television journalist suspected of spying for the Chinese government.
Who keeps crashing China’s sharemarket?
China is again in the midst of a sharemarket rout. The blame game has already begun.
ASX jumps, shrugging off weak consumer confidence, as oil prices fall
The Australian sharemarket had a strong session after US President Donald Trump said the Iran war “is effectively over”, boosting hopes for an end to the conflict that has driven up global energy costs.
Auric supercharges WA gold growth with 68Koz Iron Maiden deal
Auric Mining has struck a deal for the Iron Maiden gold project near Norseman, adding a historical 68,500-ounce resource and potential future feed for its Burbanks mill.
Lindian lands 30Kt per annum Malawian rare earths offtake
Lindian Resources has secured an annual 30,000-tonne binding offtake for monazite concentrate from its Kangankunde rare earths project with a major global refiner.
Qantas to cut 850 local jobs as it shifts roles to India
A leading union said it was told by Qantas earlier in the year there was “no plan” to offshore any jobs. Qantas vigorously denies the claim.
Nvidia CEO’s fling will be an affair to remember for AI, and for Trump
Jensen Huang’s liaison with an alleged Chinese spy could cost Nvidia billions, set America’s AI sector back in its arms race with China, and embroil the US president.
Watchdog warns retailers over fake Black Friday deals and false urgency
Retailers are being warned not to mislead shoppers into thinking they’re getting more of a deal than they actually are during Black Friday sales.
Trump says FBI ‘looking at’ Nvidia CEO amid spy probe fallout
Trump made the announcement as his own close relationship with Jensen Huang came under renewed scrutiny.
Corporate cop investigating $3b collapse of major Sydney builder
Financial advisers are channelling money into a sector that ASIC has accused of being home to some operators that use hidden fees and shift investor cash around.
Data centre giant apologises to Melbourne residents, vows to get power to site
NextDC boss Craig Scroggie said he was sorry residents felt they had been left behind by his plans to build a major AI data centre in West Footscray.
Australian shares shake off early slump to creep higher
Australia’s sharemarket has ended the day higher after strong performances from mining and energy stocks helped counterbalance broader weakness.
Critica targets gallium, scandium bonus at WA rare earths giant
Critica Ltd has achieved high gallium and scandium extractions at its Jupiter rare earths project, unlocking potential value not yet included in its $2B scoping study.
TMK smashes Mongolian gas record as 30-year licence beckons
TMK Energy has lifted gas output 11 per cent to a monthly record in Mongolia, as acceptance of its gas discovery declaration opens a path to a 30-year production licence.
Dalaroo eyes bigger gold prize after fresh African hits
Dalaroo Metals has nailed a 13m zone grading 2.67g/t gold, 1.25km along strike from its recent high-grade discovery in West Africa, opening up a possible new mineralised system.
Business class beef over seats goes viral
Described as being like a “suit with a sneaker”, the new Singapore Airlines’ seat has garnered a frosty public reception.
Forrestania high-grade gold hits fuel 35% WA resource surge
Forrestania Resources has upgraded its WA British Hill gold resource by 35% to 286,00oz after hitting 16m at 5.77g/t, while signing a separate 750,000-tonne ore purchase deal.
Beetaloo locks in key licence for NT gas giant
Beetaloo Energy has locked in a critical Retention Licence over its Carpentaria gas discovery, securing tenure as it advances its NT pilot project towards first gas sales.
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