Mining

Shares of Nufarm Ltd (ASX:NUF) crashed 24% to AU$3.04 on Wednesday morning, hitting a 52-week low, after the agricultural chemical and seed company reported a sharp decline in first-half profit and announced a strategic review of its Seed Technologies division.

The AU$3.7 billion takeover bid by South African mining giant Gold Fields for its Australian partner Gold Road Resources (ASX:GOR) has cleared a major regulatory hurdle, with Australia’s Foreign Investment Review Board (FIRB) granting its approval for the proposed acquisition.

Shares of Rio Tinto Ltd (ASX:RIO) traded higher on Tuesday after the global mining giant announced a major development in its lithium strategy. The stock opened the day at AU$119.77, up 0.3% from Monday’s close of AU$119.46, following news of a significant joint venture …

Australian gold miners rallied sharply on Thursday, with the ASX-listed Gold Sub-Index (.AXGD) jumping as much as 4.1% to 11,474.2 points, marking its largest single-day percentage gain since May 6. The rally coincided with a more than 1% increase in global gold prices, buoyed …

Australian mining shares advanced on Thursday, with theS&P/ASX 200 Metals & Mining Index (.AXMM)rising1.6% to 5,496 points, its highest closing level since March 28. The sector also marked its steepest intraday percentage gain in over two weeks, supported by iron ore prices holding firm …

Errawarra Resources Ltd (ASX:ERW) has uncovered high-grade silver mineralisation during surface sampling at its Elizabeth Hill project in Western Australia, with portable XRF (pXRF) readings returning results as high as 920 grams per tonne (g/t) silver.

Delta Lithium Ltd (ASX:DLI) has announced a strategic demerger of its gold exploration interests, unveiling plans to launch Ballard Mining as an independent, ASX-listed company. The new vehicle will house Delta’s Mt Ida gold asset, allowing Delta to sharpen its focus on lithium development …