September 2025 was a month of contrast for the ASX resources sector. The S&P/ASX 200 Index experienced a modest decline of approximately 0.8%, while the Materials (XMJ) Index demonstrated resilience, outperforming the broader market. Both USD and AUD gold...
Australian Mining
Critical Minerals: A new currency?
Critical minerals are seemingly no longer just the key ingredients of batteries and wind turbines, they’re becoming a currency of geopolitical power. As China tightens its grip on supply chains, from rare earths to graphite, Western governments are...
Lithium respite, copper ambitions, gold yield and a day-trade
August 2025 brought a mixed bag for Australia’s resources sector, with moments of strength tempered by reminders of how finely balanced the industry remains. A welcome rebound in lithium prices lifted spirits across the battery metals space, even as oil and...
Gold producers dressed in “income” clothing
The latest surge in gold began in earnest in early 2024, when bullion broke through a stubborn ceiling and vaulted to record highs. Since then, prices have climbed by roughly half in both US and Aussie dollar terms, a move driven by record central bank...
Major gold discoveries and exploration trending lower
How far away is the next major gold discovery? Big finds remain scarce, according to the latest annual analysis of major gold discoveries by S&P Global Commodity Insights. In fact the number of major discoveries halved from 22 in 2006, to 11 in 2009....
So what of a jurisdiction ranking?
Australia’s mining sector is confronting an uncomfortable truth: in the latest Fraser Institute survey, Western Australia slid from 4th to 17th place, Queensland fell from 13th to 39th, and New South Wales dropped 32 places to 62nd. These rankings are often...
