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Dual-listed Jervois Global has closed the second $5.1-million tranche of its $25-million unsecured convertible note offering, following shareholder approval. Each of the unsecured convertible notes...
Oil and gas major Santos has struck a $576-million deal to sell off a 2.6% participating interest in the Papua New Guinea (PNG) liquefied natural gas (LNG) project to Kumul Petroleum Holdings....
Global lead mine output successfully rebounded to the pre-Covid-19 peak of 2019 in 2022, according to recent data published by research firm BMI, a Fitch Solutions company. The report, titled...
Iron-ore major Fortescue’s CFO has quit, just days after CEO Fiona Hick resigned. The company on Thursday reported the departure of CFO Christine Morris, and announced the appointment of group...
ASX-listed Australian Pacific Coal (AQC) will raise A$12-million through an institutional placement and accelerated non-renounceable entitlement offer to provide working capital for the Dartbrook...
The future of unlisted QCoal’s Byerwen coal mine, in Queensland, has been called into question after most of the 400 workforce have informed the company that they would quit, rather than move to...
ASX-listed AuTECO Minerals has struck a A$65-million deal to acquire the Green Bay copper/gold project in Newfoundland, Canada. AuTECO submitted a bid under the sale and investment solicitation...
Uranium developer Peninsula Energy has unveiled a new life-of-mine (LoM) plan for the Ross and Kendrick production areas at its Lance uranium project, in Wyoming, which could see production...
Some coal producers are having to set aside tens of millions of dollars to cover their own risks as they are cut adrift by insurers, making it more difficult and costly to do business amid a surge...
The 2022 feasibility study into the rehabilitation of the Ranger uranium project, in the Northern Territory, has confirmed a A$368-million cost increase for the closure, bringing the total cost of...
Dual listed gold miner Perseus Mining has posted record financial results for the year ended June, as both gold production and gold prices increased. Perseus on Thursday reported a 27% increase...
Critical minerals miner IGO has posted a record financial performance for the year ended June, driven by record earnings from its lithium joint venture (JV). IGO’s revenues in the full year...
Copper miner Sandfire Resources has reported a fall in revenue and profits for the full year ended June. Sales revenue for the full year declined from $922.7-million in the 2022 financial year to...
The Australian Petroleum Production and Exploration Association (Appea) said on Thursday there was an urgent need for more gas supply after the Australian Energy Market Operator (AEMO) said there...
Zijin Mining Group, a leading Chinese copper and gold miner, has slowed acquisitions due to high project valuations and geopolitical tensions. The number and scale of deals completed by the...
The world’s seventh-largest gold miner by production, Gold Fields, says it is committed to eliminating inappropriate and harmful behaviour in the workplace after an independent review confirmed...
ASX-listed Mineral Resources (MinRes) this week said that Western Australia’s domestic gas policy could hamper the development of its onshore gas assets. During the company’s full-year results...
The abrupt departure of Sayona Mining’s top executive won’t impact its flagship lithium mine in Canada, according to top shareholder and operation co-owner Piedmont Lithium. Sayona said Monday...
Nickel developer Ardea Resources has received firm commitments to raise A$16-million in a share placement to professional and sophisticated investors. Ardea on Wednesday said it would place some...
An updated dense media separation (DMS) manganese concentrate scoping study at the Oakover project, in Western Australia, has estimated that the project would require a capital investment of...
ASX-listed Triton Minerals has been granted a 25-year mining concession for its Cobra Plains graphite project, in Mozambique. Triton had previously held an exploration license over the Cobra...
Rare earths developer Northern Minerals has announced a A$25-million capital raise to advance its Browns Range project towards a final investment decision in the first half of 2024. The company on...
ASX-listed 29Metals has launched a A$151-million entitlement offer to fully fund the Capricorn Copper recovery plan and near-term capital projects at Golden Grove. The equity raise will be...
Diversified miner BHP has cut the ribbon at its FutureFit Academy in Western Australia, as part of its commitment to create 2 500 new traineeships and apprenticeships nationally over five years and...
The Australian Petroleum Production and Exploration Association (Appea) has welcomed the release of new areas for exploration for offshore greenhouse gas storage to help Australia lower emissions...
The Mexican regulator, Comision Nacional de Hidrocarburos, has approved oil and gas major Woodside Energy’s field development plan for its Trion project. Woodside in June approved the $7.2-billion...
Graphite mineral developer Walkabout Resources has declared the conclusion of the interim funding measures that were executed throughout the initial six months of the year. The company has reached...
Emerging lithium miner Piedmont Lithium has received a $31.6-million partial prepayment for the sale of lithium concentrate from North American Lithium (NAL), bolstering its cash position to...
The one commodity that should be getting hammered by China’s worsening property crisis is actually doing rather well. Iron ore climbed to its highest in a month last week after a rally that has...
JSE- and NYSE-listed Sibanye-Stillwater has made changes to C-suite roles and responsibilities and executive management appointments, subsequent to the resignation of chief organisational growth...
The share price of lithium miner Sayona Mining fell on Tuesday following the announcement of CEO and MD Brett Lynch’s resignation, before recovering slightly. Lynch will depart the company with...
Record gold production has seed ASX-listed Red 5 narrow its losses in the 12 months to June. Gold production in the full year to June increased from 66 871 oz to 165 544 oz, with gold sales...
South African thermal coal producer and exporter Thungela Resources will take operational control of the Ensham coal mine, in Queensland, Australia, from September 1, as all conditions precedent to...
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