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Australasia

Northern Cape project outlook.
Orion to update Australia on Northern Cape’s copper/zinc revival at roadshow
2nd May 2023 By: Martin Creamer

Orion Minerals, the promising emerging copper zinc miner in South Africa’s prolific Northern Cape will set out to update Australia on the Prieska copper-zinc revival next week. Errol Smart, the CEO... 


MinRes takes compulsory action in Norwest bid
2nd May 2023 By: Esmarie Iannucci

ASX-listed Mineral Resources has acquired more than a 90% interest in takeover target Norwest Energy, triggering the compulsory acquisition of the remaining shares in the ASX-listed target.... 


Image shows the FMG logo at the Iron Bridge operation
Iron Bridge finally under way
2nd May 2023 By: Esmarie Iannucci

Iron-ore major Fortescue has finally produced its first magnetite product, after having its maiden production pushed back and after suffering significant cost blow-outs. Fortescue said this week... 


Sibanye to complete compulsory acquisition of New Century shares
2nd May 2023 By: Esmarie Iannucci

The remaining shareholders of takeover target New Century Resources will have their shares acquired by suitor Sibanye-Stillwater Resources on Tuesday. Sibanye-Stillwater in February launched a... 


Liontown not facing any new bids
2nd May 2023 By: Esmarie Iannucci

Lithium developer Liontown Resources on Tuesday refuted claims that it had received a further takeover proposal after rebuffing an A$2.50 a share offer from North American major Albemarle... 


Image shows the BHP logo
BHP completes Oz Minerals buy
2nd May 2023 By: Esmarie Iannucci

Diversified miner BHP has completed the acquisition of copper miner Oz Minerals, with the takeover target having applied to be removed from the ASX. “This acquisition strengthens BHP’s portfolio... 


Legend raises A$6m for exploration
1st May 2023 By: Esmarie Iannucci

Explorer Legend Mining has received binding commitments from professional and sophisticated investors to raise A$6-million to finance its upcoming exploration at the Rockford nickel/cobalt/copper... 


Image shows a handshake
Alliance inks offtake agreement at NiWest
1st May 2023 By: Esmarie Iannucci

ASX-listed Alliance Nickel has inked a binding offtake and share subscription agreement with automotive maker Stellantis NV over the NiWest nickel and cobalt project, in Western Australia. Under... 


Perenti wins major contract in Ghana
1st May 2023 By: Esmarie Iannucci

Contractor Perenti has won a A$630-million, 60-month mining contract from gold miner Newmont at its Subika underground gold mine, in Ghana. Perenti said on Monday the UMA joint venture (JV),... 


Image shows a collage of images relating to climate change
Net Zero offers A$40bn in opportunities to Aus - report
1st May 2023 By: Esmarie Iannucci

A new report has revealed that the shift to Net Zero emissions could generate as much as A$40-billion in national income for Australia and A$65-billion in economic activity by 2050. In its latest... 


Fatality reported at Olympic Dam
1st May 2023 By: Esmarie Iannucci

Diversified miner BHP has reported a fatality at its Olympic Dam operation, in South Australia. The company said that 25-year old contractor Nathan Scholz had been fatally injured during an... 


Ramelius declares Breaker offer free of conditions
1st May 2023 By: Esmarie Iannucci

Gold miner Ramelius Resources has declared its takeover offer for fellow-listed Breaker Resources unconditional, having gained a 49.943% interest in the takeover target. Under the terms of the... 


ASM signs supply deal in Vietnam
1st May 2023 By: Esmarie Iannucci

ASX-listed Australian Strategic Materials (ASM) has inked a feedstock supply agreement with Vietnam Rare Earths Company (VTRE) for the purchase of rare earth oxides from Vietnam to be used as... 


Santos extends PNG LNG deal talks with Kumul
1st May 2023 By: Esmarie Iannucci

Oil and gas major Santos has extended its exclusivity period with Papua New Guinea (PNG) national oil and gas company Kumul Petroleum Holdings over the sale of a 5% stake in the PNG liquefied... 


Image shows Australian currency
Peak to raise A$27.5m for Tanzanian rare earths
1st May 2023 By: Esmarie Iannucci

Rare earths developer Peak Rare Earths will raise A$27.5-million in a two-tranche institutional placement to advance the Ngualla project, in Tanzania, towards a final investment decision by the end... 


West Wits continues to pursue blended financing options for Witwatersrand Basin project
28th April 2023 By: Darren Parker

ASX-listed West Wits has revealed that it has been in advanced discussions with multiple funders to secure a funding solution for its Witwatersrand Basin project (WBP). West Wits said on April 28... 


Global mining supply. Source: DNV report.
Hydrogen has advantage of relatively cheap energy storage, DNV study finds
28th April 2023 By: Martin Creamer

Both hydrogen and battery technologies are expected to operate in the power sector, but in different areas, says independent risk management and assurance firm DNV. Hydrogen is expected to play a... 


MC Mining posts lower volumes in the first quarter
28th April 2023 By: Marleny Arnoldi

JSE- and ASX-listed MC Mining has reported 18% lower metallurgical and thermal coal run-of-mine (ROM) volumes in the quarter ended March 31, compared with the same quarter of last year, owing to... 


Iron-ore set for worst month since October on demand concerns
28th April 2023 By: Bloomberg

Iron-ore futures in Singapore were on track for the largest monthly decline since October as demand uncertainties flare, while a top global steelmaker warned conditions will remain tough for the... 


The Tshipi Borwa mine in South Africa's Northern Cape
Tshipi posts higher third-quarter Ebitda, net profit
28th April 2023 By: Creamer Media Reporter

ASX-listed Jupiter Mines reports that its 49.9%-owned subsidiary Tshipi é Ntle Manganese Mining recorded an increase in earnings before interest, taxes, depreciation and amortisation (Ebitda) to... 


EcoGraf updates Epanko economics
28th April 2023 By: Esmarie Iannucci

ASX-listed EcoGraf has updated the economics of its Epanko graphite project, in Tanzania, increasing the project’s pre-production capital cost from the $88.9-million considered in the 2017 bankable... 


St Barbara production falls by 4%
28th April 2023 By: Esmarie Iannucci

Ongoing issues at the Leonora operations, in Western Australia, and truck availability at the Simberi operation, in Papua New Guinea, has seen gold miner St Barbara report a 4% reduction in gold... 


Atrum pauses Groundhog studies
28th April 2023 By: Esmarie Iannucci

Coal hopeful Atrum Coal has suspended the scoping study on its Groundhog project, in British Columbia, with the company saying it will continue to evaluate "all options" for the Groundhog and... 


Image shows LNG export vessel
Woodside urges fiscal stability at AGM
28th April 2023 By: Esmarie Iannucci

Oil and gas major Woodside has warned that fiscal uncertainty in Australia could prevent the company from making further investments. Speaking at the company’s annual general meeting,... 


Ramelius improves costs in March quarter
28th April 2023 By: Esmarie Iannucci

Gold miner Ramelius Resources has reported a slight decline in gold production for the three months to March, with production falling from the 56 756 oz reported in the December quarter, to 54 244... 


Image shows the Prominent Hill openpit
Oz Minerals marks farewell quarter
28th April 2023 By: Esmarie Iannucci

Copper/gold miner Oz Minerals has reported a decline in both copper and gold production for the first quarter ended March and its last quarter as an operating company, compared with the previous... 


Rio buys scandium project
28th April 2023 By: Esmarie Iannucci

Diversified miner Rio Tinto has struck a $14-million deal with ASX-listed Platina Resources to acquire its Platina scandium project, in New South Wales. The project comprises a long life,... 


Image shows the Kwinana lithium hydroxide refinery
IGO posts record financials
28th April 2023 By: Esmarie Iannucci

Critical minerals company IGO has posted record financial results for the quarter ended March, with net profits after tax increasing 22% quarter-on-quarter. The ASX-listed company on Friday... 


Sierra Rutile signs off on tough quarter
28th April 2023 By: Esmarie Iannucci

Operational issues has seen ASX-listed Sierra Rutile report a 13% fall in rutile production for the quarter ended March, with production reaching 32 000 t. Production in the March quarter was... 


Image shows graphite
DFS confirms Syrah's expansion plans in the US
27th April 2023 By: Esmarie Iannucci

The definitive feasibility study (DFS) into the expansion of ASX-listed Syrah Resources’ Vidalia active anode material (AAM) facility, in Louisiana, has confirmed the project’s viability. The DFS... 


Image shows Australian flag and coat of arms
Appea warns Gas Code could hinder investment
27th April 2023 By: Esmarie Iannucci

The Australian Petroleum Production and Exploration Association (Appea) has expressed concern around the proposed mandatory code of conduct (Gas Code), saying that while it recognises the critical... 


Northern Star flags costs increases
27th April 2023 By: Esmarie Iannucci

Gold miner Northern Star Resources has increased its all-in sustaining cost (AISC) estimates for the 2023 financial year, following a tough March quarter. Gold sales in the March quarter declined... 


Leo warns of costs increases in Mali
27th April 2023 By: Esmarie Iannucci

A mid-term review into the Goulamina lithium project, in Mali, has found that the project is on track to deliver its first spodumene by the second quarter of next year, but has flagged a... 


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