N Nickel Industries Limited

Nickel Industries Continues Strong Ramp-Up At Oracle Nickel Project, Achieving Record Quarterly Rkef Production

Bhp Sells $3b Stake In Pilbara Power Network Mount Whaleback — One Of The World’S Largest Open-Cut Iron-Ore Mines — Depends On A Vast Inland Power Network That Keeps Crushers, Haul Roads And Remote Camps Running Across The Pilbara. This Network Supplies Electricity Not Only To Mount Whaleback, But To Bhp’S Broader Western Australia Iron Ore (Waio) Operations And The Nearby Township Of Newman. Blackrock Buys Nearly Half Bhp Has Sold A Near-Half Stake In This Power System To Us Investment Firm Blackrock’S Global Infrastructure Partners Division In A Deal Worth $3 Billion (Aud Equivalent). Despite The Sale, Bhp Retains Operational Control Of The Network. The New Structure Means Bhp Will Pay An Agreed Tariff For The Electricity It Uses Over A 25-Year Period. Freeing Up Capital For Growth Bhp Says The Move Allows It To Recycle Capital From Long-Life Infrastructure Into Higher-Return Opportunities Across Its Iron-Ore Business. Industry Analysts Note The Deal Is Aimed At Improving Capital Efficiency While Maintaining Stable Power Supply To Essential Mining Operations. Why It Matters Power Reliability Is Core To Pilbara Iron-Ore Production, And The Deal Does Not Affect Existing Agreements With Traditional Owners, The Wa Government, Or Local Communities. With Global Iron-Ore Competitors Tightening Costs And New Supply Emerging, Bhp Is Positioning Itself To Maintain Long-Term Productivity And Financial Flexibility. What Happens Next The Agreement Is Subject To Approval From The Foreign Investment Review Board (Firb), But No Operational Changes Are Expected. Bhp Has Reiterated Its Medium-Term Goal Of Lifting Pilbara Iron-Ore Output Toward 305 Million Tonnes Per Year.

Nifty Copper Mine Restart Gets The Go-Ahead Cyprium Metals Says The Nifty Copper Mine — About 350km Southeast Of Port Hedland — Is Moving From “Idle” Toward A Restart After Receiving The Green Light To Resume Copper Production. Phase One: Jobs First Cyprium Says The Initial Restart Phase Is Expected To Create 70+ Permanent Jobs And Around 80 Construction Roles, As The Site Ramps Back Up. Glencore Steps In As Backer And Buyer The Restart Is Supported By Glencore, With Cyprium Stating It Has A $40 Million Facility In Place And An Offtake Deal — Meaning Glencore Is Lined Up To Buy The Copper Product Under Agreed Terms. What Happens Next With Approvals In Place And Funding/Offtake Support Locked In, The Focus Now Turns To Execution: Getting The Site Ready, Restarting Production, And Proving The Operation Can Run Smoothly Before Any Larger-Scale Expansion Plans. Credits: Map Imagery Google. Photo Credit: Cyprium Metals.

Reedy Gold Mine Set For New Chapter The Old Reedy Gold Mine In Western Australia Is Set To Get A Second Chance, Following A Major Corporate Restructure By Westgold Resources. Westgold Has Announced Plans To Spin Out The Reedy Project, Along With The Nearby Comet Project, Into A New Asx-Listed Company Called Valiant Gold. Fast Track To Processing Under The Proposed Structure, Ore From Reedy And Comet Will Be Processed At Westgold’S Existing Plants. This Removes The Need For Valiant To Build Its Own Processing Facilities, Providing A Lower-Capital And Faster Pathway Back To Gold Production. The Reedy And Comet Assets Include Historic Underground Mines With Recent Production History And Established Infrastructure. Westgold Retains Exposure Following The Spin-Off And Ipo, Westgold Will Retain Up To 48 Per Cent Of The New Company. This Allows Westgold To Stay Exposed To Any Upside From Future Production Or Exploration Success, While Focusing Its Capital On Larger, Core Operations. Unlocking Smaller Gold Assets The Spin-Out Structure Is Designed To Unlock Value From Smaller Gold Assets That May Struggle To Compete For Capital Within A Larger Producer. With A Dedicated Management Team And Access To Processing Infrastructure, Valiant Gold Is Positioned To Advance Reedy And Comet Independently — Raising The Question Of Whether This Model Could Become A Blueprint For Reviving Other Historic Gold Mines Across Western Australia.

Capricorn Expands In Mount Gibson Gold District Capricorn Metals Has Made A Low-Key Christmas Acquisition In Western Australia’S Mount Gibson Gold District, Strengthening Its Regional Footprint. The Company Has Agreed To Buy The Nearby Yalgoo Project For $4.5 Million, Adding Around 1,000 Square Kilometres Of Prospective Ground To Its Existing Exploration Holdings. Strengthening The Mount Gibson Footprint The Yalgoo Project Sits Close To Capricorn’S Recently Acquired Golden Range And Fields Find Projects, Both Located Near The Mount Gibson Area. The Land Package Is Considered Prospective For Gold And Copper, With Scope For Future Discoveries. Rather Than A Short-Term Production Move, The Acquisition Is Aimed At Long-Term Consolidation Across The District. Focus On Future Ore Supply Capricorn Has Positioned The Deal As A Strategic Step To Secure Potential Future Ore Sources, Supporting The Long-Term Outlook For Mining Operations In The Mount Gibson Region. The Acquisition Reflects An End-Of-Year Strategy Focused On Locking Up Ground Early, While Exploration Activity Is Expected To Ramp Up In Future Years.

$Mkr Wonawinta Silver Mine Eyes A Comeback Manuka Resources (Asx: Mkr) Says It’S Gearing Up For A Restart At Wonawinta, After The Operation Has Been On Care And Maintenance. The Funding Manuka Has Announced Firm Commitments For A A$15 Million Capital Raise, Aimed At Accelerating Work Toward Bringing Wonawinta Back Into Production. Why This Site Is “Restart-Ready” The Project Already Has A Built Processing Plant (About 1mtpa) And Site Infrastructure, Which Means The Plan Is Largely Refurbish And Recommission, Rather Than Build From Scratch. How Big Is The Silver Opportunity? Manuka Has Previously Reported A Total Wonawinta Silver Resource Of ~51 Million Ounces, And A Maiden Ore Reserve Of ~8.4 Million Ounces (Reserve Is The More “Mineable” Subset). Wonawinta Is In The Cobar Basin In Outback New South Wales, About 80km South Of Cobar. The China Angle Adding To The Timing: China Has Announced Tighter Controls On Silver Exports, Using An Export Licensing Approach For 2026–2027, Which Has Raised Global Supply Concerns.