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Australia Mining

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Mining

Rio Tinto lifts profit 47% and boosts interim dividend 43% on price surge

Rio Tinto (ASX:RIO) reported first‑half 2026 underlying EBITDA of US$14.8 billion, up 28% on a year earlier, and net earnings attributable to shareholders of US$6.7 billion, up 47%, as stronger commodity prices and higher volumes drove a step‑change in performance.

Read more: Rio Tinto lifts profit 47% and boosts interim dividend 43% on price surge
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West Wits repays US$12.5m loan, clears path to ZAR 875m facility

West Wits Mining (ASX:WWI) has repaid in full its US$12.5 million Nebari loan facility, removing associated security and obligations and satisfying the final condition precedent to financial close of a ZAR 875 million (~US$53 million) senior loan facility with Absa Bank and Nedbank CIB.

Read more: West Wits repays US$12.5m loan, clears path to ZAR 875m facility
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Strategic stage 1 fast-track: Orbminco targets early gold production at Majestic North

Orbminco Limited (ASX:OB1) has officially launched an intensive ten-workstream development program for its Majestic North Gold Project in Western Australia, targeting a Final Investment Decision and regulatory lodgement by early September 2026.

Read more: Strategic stage 1 fast-track: Orbminco targets early gold production at Majestic North
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Savannah Goldfields delivers strong A$1.2M cash flow following Georgetown plant milestone

Savannah Goldfields Ltd has reported a solid quarter to 31 March 2026, delivering A$1.24 million in operating cash flow despite a planned maintenance shutdown at the Georgetown Gold Processing Plant (GGPP).

Read more: Savannah Goldfields delivers strong A$1.2M cash flow following Georgetown plant milestone