Skip to main content

Australia Breaking News

Every story in this category, newest first.

Grafa
Mining

WIN Metals raises $5.5M to boost gold projects

WIN Metals (ASX:WIN) has raised $5.5 million through a heavily oversubscribed share placement at $0.035 per share, with strong support from both existing and new sophisticated investors.

The proceeds will fund resource and exploration drilling at the high-grade Radio Gold Mine Project and the Golden Crown deposit within the Butchers Creek Gold Project, as well as preparatory work for production.

Read more: WIN Metals raises $5.5M to boost gold projects
Grafa
Health

Rhythm Biosciences launches commercial rollout of ColoSTAT blood test

Rhythm Biosciences (ASX:RHY) has commenced commercialisation of its flagship blood-based colorectal cancer test, ColoSTAT, following the update and renewal of its ISO15189:2022 laboratory accreditation.

The test will initially be offered as an alternative for symptomatic individuals where stool-based screening is unsuitable, unavailable, or not preferred, addressing a significant unmet clinical need.

Read more: Rhythm Biosciences launches commercial rollout of ColoSTAT blood test
Grafa
Oil and Gas

Jupiter Energy completes West Zhetybai gas pipeline, launches first gas sales

Jupiter Energy (ASX:JPR) announced the completion of its strategic gas utilisation infrastructure project at the West Zhetybai oilfield.

The newly commissioned pipeline enables the West Zhetybai oilfield to integrate with neighbouring gas utilisation facilities, ensuring 100% utilisation of associated gas.

Read more: Jupiter Energy completes West Zhetybai gas pipeline, launches first gas sales
Grafa
Mining

Nickel Industries secures five-year AMDAL sign-off, boosts iron ore quota

Nickel Industries (ASX:NIC) has secured approval to increase the iron ore sales quota for its Indonesian subsidiary, Hengjaya Mine RKAB, from 9 million to 10 million wet metric tonnes. 

The move allows the company to immediately resume sales of stockpiled iron ore to the Indonesia Morowali Industrial Park via haul road and barge.

Read more: Nickel Industries secures five-year AMDAL sign-off, boosts iron ore quota
Grafa
Mining

BHP's Vicuna JV files RIGI PEELP application as projects move toward 2030 development target

BHP Group's (ASX:BHP) Vicuna joint venture with Lundin Mining has lodged its application for Argentina's RIGI PEELP investment regime, covering the Josemaria and Filo del Sol copper-gold projects.

According to RBC Capital Markets analyst Kaan Peker, the submission marks a procedural step rather than a shift in project risk, noting that fiscal benefits are not yet assured and approval will hinge on government assessment, timing, and alignment with an integrated technical report due in the first quarter of 2026.

Read more: BHP's Vicuna JV files RIGI PEELP application as projects move toward 2030 development target
Grafa
Mining

ABx Group secures new exploration licence to boost Tasmania Rare Earths Project

ABx Group (ASX:ABX) has been granted a new five-year exploration licence, EL25/2022, strengthening its position in a highly prospective rare earths region in northern Tasmania.

The 18km2 tenement sits between the company's Rubble Mound and Wind Break deposits, part of ABx's 89-million-tonne resource averaging 844 ppm total rare earth oxides.

Read more: ABx Group secures new exploration licence to boost Tasmania Rare Earths Project
Grafa
Mining

Metallium teams up with ElementUSA to extract gallium and scandium from US red mud

Metallium (ASX:MTM) announced that its US subsidiary, Flash Metals USA, has signed a binding letter of intent with ElementUSA to collaborate on the recovery of gallium and scandium from red mud at the Gramercy alumina refinery in Louisiana.

Read more: Metallium teams up with ElementUSA to extract gallium and scandium from US red mud
Bloomberg

Why Open Source AI Could Be the Best Bet for Developers and Investors

Tech giants are pouring trillions of dollars into AI chips and data centers while the industry quietly faces a fork in the road between open source and proprietary models. AMD chair and CEO Lisa Su and former IBM CEO Sam Palmisano explain why that choice could shape the next era of computing.

Read more: Why Open Source AI Could Be the Best Bet for Developers and Investors

Bloomberg

The Fed's Next Chair Faces AI Uncertainty, Political Heat and Credit Risks

The Federal Reserve has just cut rates by 25 basis points into an economy it still expects to grow faster next year, raising questions about why it eased and how much further it can go. Former Council of Economic Advisers chair Glenn Hubbard discusses the decision, the neutral rate and why he doesn't see much more room for rate cuts going into 2026.

Read more: The Fed's Next Chair Faces AI Uncertainty, Political Heat and Credit Risks
Bloomberg

Overall Spreads Remain Tight Even As Oracle Debt Risk Jumps

On "Bloomberg Real Yield", Maureen O'Connor, global head of high-grade debt syndicate at Wells Fargo Corporate & Investment Bank, and Amanda Lynam, head of macro credit research at BlackRock, talks with Matt Miller about credit spreads, issuance and risks tied to the boom in AI growth. There's a frenzy of development going on to support the AI revolution, and with it an insatiable demand for debt to fund it. Some estimate the overall infrastructure roll-out cost could reach $10 trillion, and with so many lenders lining up to throw cash at the assets, the fear is a bubble is building.

Read more: Overall Spreads Remain Tight Even As Oracle Debt Risk Jumps