Latest Western Australia News

BHP Group Limited reported a remarkable 376% increase in half-year profit despite an 8% revenue dip, driven by operational excellence and strategic investments in copper and potash. The company declared a lower interim dividend, signaling a balanced approach to shareholder returns and growth.

Brightstar Resources Limited reveals an ambitious growth strategy targeting a significant production ramp-up in 2025, anchored by its Laverton and Menzies hubs and supported by a robust mineral resource base.

Augustus Minerals has applied advanced AI and machine learning techniques to identify 18 promising gold targets at its Music Well project in Western Australia, highlighting significant exploration potential in an underexplored region.

Big River Industries reports a 3.3% revenue decline in 1H FY25 but shows signs of operational resilience and strategic progress amid challenging market conditions.

Baby Bunting Group Limited reported a 2.4% increase in revenue to $254.4 million for the half-year ended December 2024, alongside a 45.3% surge in net profit after tax. The company expanded its footprint with two new stores and improved gross margins, signaling operational momentum despite withholding an interim dividend.

Deterra Royalties reported a 6% revenue decline to $112.3 million for 1H25, offset by record Mining Area C volumes and new gold income from its Trident acquisition. The company declared a fully franked interim dividend of 9.0 cents per share, reflecting confidence in its diversified royalty portfolio.

Maximus Resources Limited has issued a Target's Statement recommending shareholders accept Astral Resources NL's off-market takeover bid, which offers a significant premium and improved liquidity. The offer, valuing Maximus shares at approximately $0.073 each, aims to consolidate gold assets in Western Australia under Astral's larger portfolio.

Everest Metals Corporation has successfully extracted gold from its Revere Gold Project, marking a pivotal step in converting exploration targets into a JORC-compliant resource. The bulk sampling program continues to refine understanding of this high-grade, nuggety gold system.

GWR is actively pursuing transformative project acquisitions across global jurisdictions while trading significantly below its cash and investment backing. The company’s robust cash position and critical minerals investments position it well amid shifting global supply dynamics.

Gibb River Diamonds has secured a crucial mining lease for its Edjudina Gold Project, unlocking access to the Neta Prospect's significant gold resources and setting the stage for imminent mining operations.

Future Metals NL has confirmed a significant copper-nickel mineralised intrusion extending 4.5km at its Eileen Bore Prospect, marking a major step forward in its exploration campaign.

Javelin Minerals is set to commence its maiden drilling program at the Eureka Gold Project, targeting high-grade extensions and assessing near-term mining potential of an indicated resource of approximately 30,000 ounces.