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The Latest Breaking News from Resources

'Galling': Aussies set to pass up another gas windfall

War in the Middle East could drive energy prices towards record highs, but a failure to fix gas taxes means Australians will miss out on their share of profits.

AAP

Here's What to Expect From Franklin Resources' Next Earnings Report

Franklin Resources will release its first-quarter earnings soon, and analysts anticipate a single-digit profit dip.

Barchart

Targa Resources’ Q3 2025 Earnings: What to Expect

Targa Resources is gearing up to drop its third-quarter numbers soon, and analysts are betting on a solid double-digit leap in EPS for the quarter.

Barchart

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Franklin Resources' Q2 2025 Earnings: What to Expect

Franklin Resources will release its second-quarter earnings next month, and analysts anticipate a double-digit profit dip.

Barchart

New Zealand Rethinks Opposition To Deep-sea Mining

New Zealand is considering withdrawing its support for an international ban on deep-sea mining, the country's resources minister told AFP on Tuesday.

International Business Times

East coast gas not affected by Japan exports: minister

Japan's decision to on-sell surplus gas bought from Australia is not causing east coast shortages and any fears are wrong, according to the resources minister.

AAP

By not mining vital minerals, NZ is ‘offshoring its own environmental footprint’ – is that fair?

When Resources Minister Shane Jones recently unveiled his draft strategy for mineral mining, it was quickly criticised by the Labour opposition as “taking New Zealand backwards”. One environmental group even called it a “love letter to mining companies”.

The Conversation

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Australian mines 'cleanest and greenest in the world'

Aussie mines are the world's cleanest and greenest, Resources Minister Madeleine King says during a quest to lure investment away from a rival commodity giant.

AAP

Jobs jackpot from national critical minerals strategy

More than a quarter of a million new jobs could be up for grabs if Australia can supply factory-ready materials for the world's electric cars and clean energy.

AAP

Business groups push for climate deal but warn government against conceding too much to Greens

The government has been locked in negotiations with the Greens and key crossbenchers for weeks over its proposed changes to the so-called safeguard mechanism, with the Coalition remaining steadfastly opposed.

ABC News

Growth with India is 'enormous': Resources minister

Australia's abundance of critical minerals can be used to grow the lucrative trade relationship with India, with coal continuing to be exported.

AAP

Loss of radioactive capsule must be investigated, resources minister says

The loss of the tiny widget sparked a huge search in WA when it bounced out of a contractor's truck. The federal resources minister and a risk expert say a lesson needs to be learnt.

ABC News

Breaking China’s grip on rare-earths markets a ‘pipe dream,’ Australia says

Australia’s resources minister said it was a “pipe dream” that Western countries could soon end their reliance on China for rare earths and critical minerals — vital for the defense, aerospace and automotive industries — due to the Asian powerhouse’s existing grip on global markets.

Tribune News Service

Resources Minister says Labor stands behind coal projects on road to zero emissions

Resources Minister faces protesters before addressing Hunter Coal Festival lunch

Newcastle Herald

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The New Daily

Minister takes angry swipe at gas companies as pressure builds for action

A minister has joined calls for curbs on 'insane' power prices by angrily comparing gas companies to a swam of locusts.

AAP

More pressure for gas prices to drop

Resources Minister Madeleine King says the government will look for further levers to pull to ease gas costs if negotiated supply doesn't see a drop in prices.

AAP

PM doubles down on tax cut continuity

Debate rages over whether Labor is considering amending legislated tax cuts but Prime Minister Anthony Albanese says there are no plans to change course.

ABC News

Government reaches agreement with gas producers to cover shortfall, avoids pulling 'gas trigger'

Resources Minister Madeleine King says she does not need to pull the so-called "gas trigger" and restrict gas exports after producers agreed to provide additional gas to avoid a shortfall on the east coast next year.

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AAP

Mining technology start-ups to share $21m

Australia's green bank is investing $21 million into clean mining technology so the key resources sector doesn't miss out on the benefits of cutting emissions.

ABC News

Energy Resources Australia expected to be granted more time to rehabilitate former uranium mine in Kakadu

The federal government has introduced a bill to allow a mining operator more time to rehabilitate a decommissioned uranium mine near Kakadu National Park.

ABC News

Federal government approves two new offshore greenhouse gas storage areas off WA and NT

The federal government issues permits for two new offshore greenhouse gas storage areas, off the coast of Western Australia and the Northern Territory.

ABC News

Federal government opens 46,000 sq km for offshore oil and gas exploration

The oil and gas industry will have access to another 46,758 square kilometres of Commonwealth waters, with two new offshore greenhouse gas storage areas also approved.

AAP

Labor prepares trigger if gas falls short

Resources Minister Madeleine King says regulations are now in place to enable her to use the gas trigger next year to deal with any shortfall in supply.

The Conversation

Australian conservatism succumbs to the same radical tendency as like-minded parties abroad

As bad as it is, Scott Morrison’s surreptitious circumvention of Australia’s parliamentary and Cabinet processes might have got worse.

ABC News

Revelations of secret portfolios held by Scott Morrison have dominated headlines this week. What happened, when and who knew about it?

The former prime minister took on the health portfolio in secret in the early days of the COVID-19 pandemic, before appointing himself to four more ministries over the next year. Why did he do it and who knew?

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