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Metals and Mining Industry News
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Discovery Mining posts record $319m revenue as gold production jumps 33%
Discovery Mining posted record Q2 revenue and gold output as Kidd reshaped its Timmins growth plan. See why costs remain the next test.
Titan Mining shares jump 10% as zinc profits strengthen U.S. graphite expansion
Titan Mining revenue jumped 57% as zinc profits strengthened its U.S. graphite push. See why shares surged and Kilbourne matters.
Ashoka Metcast (NSE: ASHOKAMET) Q1 profit jumps 187%, but Rs 50cr promoter loan conversion may be the bigger story
Ashoka Metcast’s consolidated Q1 FY27 profit rose to ₹3.23 crore even as operating revenue fell 25%, with other income becoming the dominant earnings driver. A proposed promoter-group loan conversion of up to ₹50 crore now puts the company’s capital structure firmly in focus.
Merafe Resources (JSE: MRF) earnings rebound as new Eskom tariff opens path to smelter recovery
Merafe earnings could surge despite a 75% ferrochrome output slump. A 62c Eskom tariff now puts the durability of its smelter recovery to the test now.
Southern Palladium wins 30-year Bengwenyama mining right as funding test moves to centre stage
Southern Palladium has cleared a major regulatory hurdle for the Bengwenyama PGM and chrome project in South Africa, but residual permits, the 2027 definitive feasibility study and a substantially larger project-financing requirement now become the decisive tests.
Cassius Mining’s (ASX: CMD) A$2m placement buys time, but Soalara now needs to deliver
Cassius Mining Limited has raised A$2.025 million through a discounted placement as it seeks to advance its Soalara Limestone Project in Madagascar while continuing international arbitration proceedings against the Government of Ghana. The financing gives the ASX-listed explorer additional liquidity only weeks after it reported less than one quarter of estimated funding at its June-quarter spending rate, but it also materially expands the company’s equity base and potentially adds another large block of options.
Mining’s biggest trucks no longer need drivers, and the economics are starting to show
Autonomous haul trucks are already moving billions of tonnes of iron ore, gold and other materials across some of the world’s largest mines. Rio Tinto, BHP and Fortescue have pushed driverless haulage into large-scale commercial operations, while Komatsu has commissioned its 1,000th ultra-class autonomous truck. The next disruption is moving beyond removing drivers as fleet-management software begins coordinating traffic, equipment utilisation, maintenance and, increasingly, the energy needed to run battery-electric mining fleets.
Lithium Argentina eyes faster expansion after strong Q2 cash generation at Cauchari-Olaroz
Lithium Argentina’s Cauchari-Olaroz generated US$141 million in Q2 operating free cash flow. See how stronger lithium prices are fueling expansion.
Barrick Mining (NYSE: B) drops 7% as $1.95bn deal clears IPO
Barrick shares fell despite stronger Q2 output and a US$1.95bn Newmont deal. Can lower costs and the North American IPO reset B?
K92 Mining revenue jumps 113% as Kainantu expansion starts turning scale into cash
K92 Mining doubled Q2 revenue as Kainantu expansion lifted output and cash. See why second-half execution now matters for 2026 guidance.