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Image shows stacked coins
Jervois completes note placement
1st September 2023 By: Esmarie Iannucci

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... 


Image shows a handshake
Santos strikes deal on PNG LNG stake
1st September 2023 By: Esmarie Iannucci

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 reaches pre-Covid-19 levels, slow growth expected
1st September 2023 By: Darren Parker

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... 


Christine Morris has resigned as CFO - two months into the job.
Another major resignation at Fortescue
31st August 2023 By: Esmarie Iannucci

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... 


Dartbrook restart another step closer
31st August 2023 By: Esmarie Iannucci

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... 


Image shows a hand holding coal
Byerwen future on the line as Glenden plan causes concern
31st August 2023 By: Esmarie Iannucci

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... 


The Nugget Pond processing facility forms part of the transaction.
AuTECO spends A$65m on Canadian mine
31st August 2023 By: Esmarie Iannucci

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... 


Peninsula makes a new plan for Lance
Peninsula makes a new plan for Lance
31st August 2023 By: Esmarie Iannucci

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... 


Coal miners forced to save for a rainy day by insurance snub
Coal miners forced to save for a rainy day by insurance snub
31st August 2023 By: Reuters

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... 


ERA braces for more cost increases
31st August 2023 By: Esmarie Iannucci

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... 


Record year at Perseus
31st August 2023 By: Esmarie Iannucci

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... 


Image shows the Kwinana lithium hydroxide refinery
Lithium drives IGO to record heights
31st August 2023 By: Esmarie Iannucci

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... 


Sandfire profits fall in 2023
31st August 2023 By: Esmarie Iannucci

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... 


Image shows an LNG plant
More gas needed to avoid AEMO predicted shortfall - Appea
31st August 2023 By: Esmarie Iannucci

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... 


China’s Zijin Mining slows M&A on valuations, geopolitical risks
China’s Zijin Mining slows M&A on valuations, geopolitical risks
30th August 2023 By: Bloomberg

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... 


Gold Fields interim CEO Martin Preece
Gold Fields commits to improving workplace culture as review uncovers ‘deeply concerning’ findings
30th August 2023 By: Chanel de Bruyn

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... 


WA gas policy could curtail investment - MinRes
30th August 2023 By: Esmarie Iannucci

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 NAL plant in Quebec
Sayona CEO resignation won’t impact flagship mine, partner says
30th August 2023 By: Bloomberg

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... 


Ardea raises A$16m for nickel aspirations
30th August 2023 By: Esmarie Iannucci

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... 


Oakover concentrate study proves up
30th August 2023 By: Esmarie Iannucci

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... 


Triton gets mining concession in Moz
30th August 2023 By: Esmarie Iannucci

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... 


Northern Minerals raises A$25m
30th August 2023 By: Esmarie Iannucci

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... 


Image shows stacked coins
29Metals announces major capital raise
30th August 2023 By: Esmarie Iannucci

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... 


BHP cuts the ribbon at new training center
30th August 2023 By: Esmarie Iannucci

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... 


Aus releases greenhouse gas storage acreage
30th August 2023 By: Esmarie Iannucci

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... 


Image shows Woodside headquarters in Perth
Woodside gets Trion approval
30th August 2023 By: Esmarie Iannucci

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... 


measuring graphite
Walkabout concludes interim funding measures
29th August 2023 By: Darren Parker

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... 


Piedmont president and CEO Keith Phillips
Piedmont receives repayment for NAL shipment
29th August 2023 By: Creamer Media Reporter

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... 


Iron-ore remains resilient despite China's property woes
Iron-ore remains resilient despite China's property woes
29th August 2023 By: Bloomberg

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... 


Kevin Robertson will oversee the US PGM operations, including the Stillwater mine
Sibanye appoints new EVP for US PGMs operations, announces other management changes
29th August 2023 By: Creamer Media Reporter

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... 


Lynch walks away from Sayona
Lynch walks away from Sayona
29th August 2023 By: Esmarie Iannucci

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 production narrows Red 5 losses
29th August 2023 By: Esmarie Iannucci

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... 


Thungela CEO July Ndlovu
Thungela completes buyout of majority stake in Aus coal mine
29th August 2023 By: Creamer Media Reporter

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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