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Australasia

AngloGold Ashanti CEO Alberto Calderon.
AngloGold to primary list in New York, secondary list in Joburg, domicile in UK
12th May 2023 By: Martin Creamer

Gold mining company AngloGold Ashanti is targeting September as the month in which it will invert its stock exchange listings. Its primary listing on the Johannesburg Stock Exchange will become a... 


Aerison lodges A$47.5m dispute with Roy Hill
12th May 2023 By: Esmarie Iannucci

ASX-listed engineering and construction provider Aerison Group has lodged a formal dispute with iron-ore giant Roy Hill, claiming the miner owes A$47.5-million for services rendered. Aerison was... 


Scoping study proves Mannar potential
12th May 2023 By: Esmarie Iannucci

A scoping study into the Mannar heavy mineral sands (HMS) project, in Sri Lanka, has estimated that the four-million tonne a year dredging operation could have a mine life of some 20 years.... 


Rio hunts for copper on Trek land
12th May 2023 By: Esmarie Iannucci

The exploration arm of diversified miner Rio Tinto has struck a deal with ASX-listed junior Trek Metals to explore that company’s Jimblebar nickel/copper project, in Western Australia. Rio Tinto... 


SensOre strikes farm-in with Venture
12th May 2023 By: Esmarie Iannucci

ASX-listed SensOre has struck a deal with fellow-listed Venture Minerals to earn up to a 70% interest in all mineral rights, with the exclusion of rare earths, at the Golden Grove North project, in... 


Quebec energy shortfall hurts EV supply chain, says lithium CEO
Quebec energy shortfall hurts EV supply chain, says lithium CEO
12th May 2023 By: Bloomberg

The top executive of Sayona Mining., which just restarted a lithium mine in Quebec, says there isn’t enough electricity in the Canadian province to power the region’s mining projects. The province... 


Voltaic raises exploration funds
12th May 2023 By: Esmarie Iannucci

Junior explorer Voltaic Strategic Resources will raise A$7-million in a share placement to institutional and sophisticated investors under a two-tranche share placement. The first tranche... 


Image shows the Newcrest logo
Newcrest extends Newmont deadline
12th May 2023 By: Esmarie Iannucci

Australian gold major Newcrest Mining has extended its exclusivity period with US gold major Newmont Corporation until 18 May to give the suitor further time to complete its due diligence and... 


Image shows Australian currency
Chalice poised for A$80m raise
12th May 2023 By: Esmarie Iannucci

Metals explorer Chalice Mining will raise some A$70-million in a private placement to major institutions to fund ongoing exploration and pre-development work at its Julimar nickel/copper/platinum... 


Danakali rejects shareholders call for liquidation
12th May 2023 By: Esmarie Iannucci

ASX-listed Danakali on Friday rejected calls from a major shareholder to return all of the capital generated from the sale of the Colluli asset earlier this year to shareholders, and for the... 


Image shows a hand holding coal
Bowen Coking Coal gets approval for Isaac River
12th May 2023 By: Esmarie Iannucci

The federal government has backed the development of the Isaac River coal mine, in Queensland, ASX-listed Bowen Coking Coal reported on Friday. The company told shareholders that it had received a... 


China’s weak industrial recovery is weighing on coal consumption
11th May 2023 By: Bloomberg

China’s weak property market and sluggish industrial activity are weighing on coal prices even as a spate of government safety checks curbs output. Key industrial users of the fuel including steel... 


SFA (Oxford) CEO Henk de Hoop.
Will it be 100% battery electric vehicles by 2035, SFA (Oxford) event asks
11th May 2023 By: Martin Creamer

Will it be 100% battery electric vehicle (BEV) dominance by 2035? That was the question posed in the title of the SFA (Oxford)'s Battery Metals Lectures on May 11, when slides projected a 45% BEV... 


Turaco raises exploration funding
11th May 2023 By: Esmarie Iannucci

Junior Turaco Gold has announced plans to raise A$3.75-million through an equity raise to fund exploration at its projects in Cote d’Ivoire. The ASX-listed company on Thursday said it had received... 


WA budget delivers another surplus
11th May 2023 By: Esmarie Iannucci

The Western Australian government on Thursday reported a budget surplus of A$3.3-billion in 2023-24, with a surplus position maintained over the next four years, supporting a record A$39-billion in... 


Livent CEO Paul Graves
Livent says Allkem deal will help accelerate lithium supply
11th May 2023 By: Bloomberg

A merger between Allkem and US lithium rival Livent  will help the combined $10.6-billion firm speed up plans to produce more of the battery metal, Livent’s top executive Paul Graves said. “By... 


Lithium miners surge as Allkem-Livent tie up fuels M&A hopes
Lithium miners surge as Allkem-Livent tie up fuels M&A hopes
11th May 2023 By: Reuters

Shares in Australian-listed lithium miners jumped on Thursday after a $10.6-billion merger in the sector raised expectations for more consolidation among producers of the key metal in electric... 


Sandfire amends MATSA facility
11th May 2023 By: Esmarie Iannucci

Copper miner Sandfire Resources has amended and extended its $452-million MATSA syndicated debt facility by two years, until the end of 2028, and has scheduled a lower repayment profile until the... 


Image shows lithium stockpiles
Core gets approval for second mine
11th May 2023 By: Esmarie Iannucci

The Northern Territory government has granted lithium miner Core Lithium mining approval for its BP33 underground mine, the second proposed mine at the Finniss lithium operation near Darwin. Core... 


Image shows the Leonora operations
Silver Lake makes another play for St Barbara assets
11th May 2023 By: Esmarie Iannucci

Gold miner Silver Lake Resources has revised its proposal to acquire fellow-listed St Barbara’s Leonora assets, in Western Australia. St Barbara earlier this month rejected an unsolicited,... 


Prieska copper/zinc mine
Orion’s R893m funding placement will bring financial certainty to projects – analyst
10th May 2023 By: Darren Parker

ASX- and JSE-listed Orion Minerals’ recently announced funding placement of R893-million will bring financial certainty to the company’s two Northern Cape projects – the flagship Prieska... 


Australia exports first copper to China since 2020, industry hopes end to ban near
10th May 2023 By: Reuters

Australia exported roughly $40 million worth of copper ore and concentrate to China early this year, Australian customs data shows, a sign of industry hope that trade in the red metal will resume... 


Independent precious metals consultant Dr David Davis
First renewable energy for platinum group metals expected before year-end, says Auctus
10th May 2023 By: Martin Creamer

An outline of the short-term and medium-term renewable energy plans of South Africa’s large platinum group metals (PGM) mining companies is provided in the latest Auctus Metal Portfolios report, a... 


The new company's growth prospects are strong in Argentina. Pictured is Livent's Fenix mine in the Salar del Hombre Muerto salt pan.
Lithium producers Allkem, Livent to combine in $10.6bn deal
10th May 2023 By: Reuters

 Australian lithium miner Allkem has inked an agreement to acquire US-based chemical manufacturing firm Livent in a deal that will create a $10.6-billion entity, the two companies announced on... 


Allkem to merge with US lithium producer Livent Corp in $10bn deal - report
10th May 2023 By: Reuters

Australian lithium miner Allkem has inked a $10-billion merger agreement with US-based chemical manufacturing firm Livent Corp, the Australian Financial Review reported on Wednesday. The deal is... 


Mitsubushi signs up for Magnum's green iron
10th May 2023 By: Esmarie Iannucci

ASX-listed Magnum Mining & Exploration has inked a non-binding memorandum of understanding (MoU) with Mitsubishi Corporation covering all of the product to be produced at Magnum’s Buena Vista green... 


Kingsgate continues apace at Chatree
10th May 2023 By: Esmarie Iannucci

Gold miner Kingsgate Consolidated on Wednesday told shareholders that production from Plant #2 at its Chatree gold mine, in Thailand, was performing above nameplate capacity, while work has now... 


BHP and Codelco strike collaboration deal
10th May 2023 By: Esmarie Iannucci

Diversified miner BHP has struck a collaboration agreement with Chilean copper major Codelco to exchange information in areas of mutual interest, such as the electrification of mining activities,... 


BHP hoping to mould new copper province in South Australia
10th May 2023 By: Esmarie Iannucci

Mining major BHP on Wednesday said that the company was focusing on options to build a copper province in South Australia, following its A$9.6-billion takeover of copper miner Oz Minerals. BHP COO... 


A$126m to be spent of forward planning at SWIS
10th May 2023 By: Esmarie Iannucci

The Western Australian state government has allocated A$126-million to kickstart early network planning, following the release of a landmark report into the future of the state’s main electricity... 


WA seeks to streamline mining approvals
10th May 2023 By: Esmarie Iannucci

The Western Australian government has released a discussion paper that seeks to simplify the approval processes for Western Australia's mining sector. The proposed Mining Development and Closure... 


Image shows a mining dump truck
NT budget unveils magnitude of mining contribution
10th May 2023 By: Esmarie Iannucci

The Northern Territory Budget has revealed that mining continued to be the largest contributor to the economy, with 31.7% of gross state product (GSP) sourced from the sector in 2021-22. In its... 


Image shows Australian flag and coat of arms
Resources drives Budget to surplus
10th May 2023 By: Esmarie Iannucci

The federal Budget had delivered a A$4.2-billion surplus, a significant turnaround from the A$32-billion deficit unveiled last year, with the government announcing a range of investments to fund... 


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SME Infratech (PTY) Ltd
SME Infratech (PTY) Ltd

SME specialises in engineering unique products and providing turnkey solutions to meet complex requirements, with a focus on HVAC & Complex...

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SAIMC (Society for Automation, Instrumentation, Mechatronics and Control)
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Education: Consulting with member companies to obtain the optimal benefits from their B-BBEE spending, skills resources as well as B-BBEE points

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Yale Lifting Solutions
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Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

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