News in Numbers

Everest Metals has secured A$150,000 in funding from the Minerals Research Institute of Western Australia (WA) to advance rubidium extraction at its Mt Edon Critical Minerals Project in WA.

Lynas Rare Earths announced a fully underwritten equity raise of approximately A$750m, strengthening the company's balance sheet and financial flexibility to pursue its Towards 2030 strategy.

Native Mineral Resources produced around 300oz of gold doré from three successful gold pours in August at the Blackjack Project in Queensland, bringing the project closer to full-scale production.

Capricorn Metals has begun development activities at the Karlawinda Expansion Project in the Pilbara region of WA, which will enhance processing capacity at Karlawinda gold mine to 6.5 million tonnes per annum (mtpa).

Australia-based exploration and mining company IGO has reported a net loss after tax of A$955m for the fiscal year ending June 2025 (FY25), compared to a profit of A$3m in FY24.