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Esmarie Iannucci is Creamer Media Senior Deputy Editor: Australasia for Mining Weekly.
Kingsgate raises funds for Chatree
27th March 2023 Junior gold miner Kingsgate Consolidated on Monday announced a capital raise plan to progress the restart of operations at its Chatree gold mine, in Thailand. The company told shareholders that it would issue up to 30.7-millionnew shares, at a price of between A$1.50 and A$1.60 each, and would... →
Ora Banda raises funds for underground gold mine
27th March 2023 ASX-listed Ora Banda Mining will raise up to A$30-million from a share placement to institutional, sophisticated and professional investors, to fund its Riverina underground mine, in Western Australia. The placement will comprise the issue of more than 267.1-million shares, at a price of 11.25c... →
Greens deal struck to get Safeguard Mechanism over the line
27th March 2023 The Federal government has secured additional Parliamentary support for the Safeguard Mechanism reforms, which the Australian Greens said would put up to 116 gas and coal projects in the firing line. Reforms proposed to the Safeguard Mechanism will reduce 205-million tonnes of greenhouse gas... →
Appea urges new NSW government to invest in gas
27th March 2023 The Australian Petroleum Production and Exploration Association (Appea) has called on the newly elected government in New South Wales to allow for further investment in the gas sector in the region following the state election over the weekend. Appea CEO Samantha McCulloch said repeated recent... →
Ministers agree to coordinate critical minerals efforts
24th March 2023 Australia’s federal, state and territory resources and mining ministers have agreed to coordinate efforts to support the development of Australia’s critical minerals sector following a critical minerals roundtable in Perth. Resources Minister Madeleine King said on Friday that the development of... →
Sierra Rutile replaces 2022 production
24th March 2023 ASX-listed Sierra Rutile Holdings has replaced its 2022 production from its Area 1 operation, in Sierra Leone, following pit optimisation and pit design work. “Thanks to optimisation work on our future mine plan updated for current market pricing, we are in the favourable position of having... →
Mt Carbine leases extended
24th March 2023 The mining leases for the Mt Carbine project, in Queensland, have been renewed for a further 19 years, tungsten producer EQ Resources said. The company told shareholders that the renewal of the two mining leases were core to the company’s plans to expand its tungsten mining base. →
Centrex inks Ardmore offtake
24th March 2023 Junior Centrex has inked a binding offtake agreement with agri-business Ameropa Australia for the purchase of phosphate from the Ardmore phosphate mine, in Queensland. Under the terms of the agreement, Ameropa will purchase between 15 000 t to 16 000 t of phosphate in the first year of the... →
Chatree pours first gold
24th March 2023 ASX-listed Kingsgate Consolidated has announced the first gold pour at its newly restarted Chatree gold mine, in Thailand. The company on Friday reported that some 155.73 kg of gold was poured this week. →
WA opens investment platform for global investors
24th March 2023 The Western Australian government is launching a new online platform that promotes investment-ready projects with a value above A$10-million. Launching with more than 35 projects that have a combined value of approximately $6 billion, WA Investments provides global audiences easy access to the... →
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