Mining

Boss Energy, Paladin Energy, and Deep Yellow surge up to 11.8%.

Analysts atMorningstarhave downgraded theirfair value estimate for James Hardie Industries (ASX:JHX)by13% to AU$48 per share, raising red flags over the company’s proposedUS$8.8 billion acquisition of Azekand a weakening earnings profile.

Shares of mining heavyweightRio Tinto Ltd (ASX:RIO)fell in early Friday trading, dropping1.5% to $116.88, after the company announced the impending departure of Chief Executive OfficerJakob Stausholm.

Australian iron-ore giant Fortescue (ASX:FMG) has announced a major leadership overhaul, signaling a renewed focus on clean energy and global growth. In a late Thursday statement, the company revealed that Mark Hutchinson, Chief Executive Officer of its energy division, will retire, while Dino Otranto, …

Australian gold producer Catalyst Metals (ASX:CYL) has successfully raised $150 million through a share placement to institutional investors, with proceeds earmarked for the development of its Plutonic Gold Belt operations in Western Australia. The move enhances Catalyst’s financial position as it looks to extend …

Australian gold stocks advanced on Wednesday, with the S&P/ASX All Ordinaries Gold Index (.AXGD) rising as much as 3.1% during the session, reaching its highest level since May 8. The sub-index extended its rally for a second consecutive day, supported by an uptick in …

Mining services groupPerenti(ASX:PRN) has announced a major contract win worth$1.02 billion, awarded to its subsidiaryAfrican Underground Mining Services (AUMS)in partnership withRocksure International, a Ghanaian mining and civil contractor. The contract, secured through theUnderground Mining Alliance(UMA) joint venture, involves delivering underground mining services at theObuasi …