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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... 


West African closes strong first half
29th August 2023 By: Esmarie Iannucci

Gold miner West African Resources has reported a solid first half of 2023, despite a 12% fall in gold sales. The miner on Tuesday reported revenues of A$309.6-million for the six months to June,... 


Andromeda updates Great White economics
29th August 2023 By: Esmarie Iannucci

An updated definitive feasibility study (DFS) into the Great White kaolin project, in South Australia, has increased the expected revenue and net present value estimates, while decreasing capital... 


Black Cat raises exploration funds
29th August 2023 By: Esmarie Iannucci

Junior Black Cat Syndicate will raise A$8.3-million in a share placement to fund exploration work at its Western Australian gold assets. The company on Tuesday said it had received firm... 


Apollo strikes a deal on Serbian copper
29th August 2023 By: Esmarie Iannucci

ASX-listed Apollo Minerals has struck a conditional agreement to acquire Edelweiss Mineral Exploration, which holds the Belgrade copper project in Serbia. The project consists of four licenses... 


Image shows the Gorgon platform
Alliance members vote for industrial action at Chevron
29th August 2023 By: Esmarie Iannucci

US energy major Chevron is facing industrial action with Offshore Alliance members at the company’s Western Australian gas facilities issuing a notice of intention to take protected industrial... 


Image shows Australian currency
A$3bn boost to WA's electricity grid
29th August 2023 By: Esmarie Iannucci

The federal and Western Australian governments have inked a landmark agreement to bolster the state’s energy security. The Commonwealth-Western Australia Rewiring the Nation deal would expand and... 


Image shows the Kalgoorlie facility under construction
Lynas unveil cost increases at Kalgoorlie
29th August 2023 By: Esmarie Iannucci

Rare earth miner Lynas has announced a cost-blow out at its Kalgoorlie rare earths processing facility, while falling revenue and inflation pressures have eaten into profits for the year ending... 


Why the EV industry is talking about ‘black mass’
28th August 2023 By: Bloomberg

The latest buzzword in battery materials sounds like a concept borrowed from astrophysics. But “black mass” is just a very literal description of the intermediate product from recycling either... 


Rough diamonds
Diamond producers adapting to rapidly changing landscape, says BDO
28th August 2023 By: Marleny Arnoldi

The diamond industry has faced multiple challenges leading to a notable shift in its landscape over the last few years, says personal liability company BDO South Africa. Natural resources partner... 


Lucapa swings to first-half profit, now debt free
28th August 2023 By: Tasneem Bulbulia

Diamond miner Lucapa Diamond’s rough diamond revenue for the half year ended June 30 was $46.8-million on a 100% basis at an average price of $1 633 /ct. Lucapa recovers large and high-quality... 


Orion upgrades mineral resource at Flat Mines area of South African project
28th August 2023 By: Tasneem Bulbulia

JSE- and ASX-listed Orion Minerals has reported an increase in the mineral resource estimates for three deposits that form part of the Okiep copper project (OCP), located in the Northern Cape... 


Hot Chili takes option on copper project near Costa Fuego
28th August 2023 By: Creamer Media Reporter

Copper development company Hot Chili has taken another step in its consolidation strategy for the Costa Fuego project, in Chile, with a binding letter of intent (LoI) for an option to acquire... 


Wind turbines and solar panels
China’s dominance a key factor in renewable energy subsidy wars
28th August 2023 By: Darren Parker

One of the primary catalysts for the prevalent global emergence of subsidies within the renewable energy sector stems from the dominance of China, research firm BMI Research operational risk... 


Bowen adjusts strategy as costs rise and prices fall
28th August 2023 By: Esmarie Iannucci

Coal miner Bowen Coking Coal will adjust the mine plan a its Burton Complex in order to preserve capital amid tightened market and pricing conditions. The miner said on Monday that while the... 


Gold Road posts solid results
28th August 2023 By: Esmarie Iannucci

Gold miner Gold Road Resources has closed a strong first half to June, with gold sales and revenue up. Gold sales during the six months under review reached 80 115 oz, up from the 79 606 oz in... 


Image shows hydrogen container and renewable energy options
bp plans investment decision at H2Kwinana in 2024
28th August 2023 By: Esmarie Iannucci

Energy major bp will take an investment decision on the H2Kwinana project, in Western Australia, in 2024, and is aiming to start production by 2026. The company last week completed its concept... 


Ramelius posts solid year
28th August 2023 By: Esmarie Iannucci

Gold miner Ramelius Resources has reported a 396% increase to its statutory net profits after tax for the full year ended June. The gold miner reported statutory net profits after tax of... 


Base swings to a loss
28th August 2023 By: Esmarie Iannucci

Despite a robust performance from its Kwale operations, in Kenya, mineral sands miner Base Resources has finished its 2023 financial year with a loss of $4.8-million. The ASX- and Aim-listed... 


Strike won't increase the offer for Talon
28th August 2023 By: Esmarie Iannucci

ASX-listed Strike Energy on Monday said it would not increase its bid for fellow-listed Talon Energy, in the absence of a superior offer. Under the current scheme, Talon shareholders will receive... 


Image shows molten copper
First Quantum joins Rio in copper JV
28th August 2023 By: Esmarie Iannucci

Diversified miner Rio Tinto has formed a joint venture (JV) with fellow major First Quantum over the development of the La Granja copper project, in Peru. Following the completion of conditions... 


Image shows Fiona Hick
CEO exit casts shadow on Fortescue results
28th August 2023 By: Esmarie Iannucci

Iron-ore major Fortescue has reported record shipments during the 2023 financial year, while also announcing the departure of CEO Fiona Hick only six months after her appointment. Hick’s... 


Zenith strikes deal with QMines
28th August 2023 By: Esmarie Iannucci

Junior Zenith Minerals has struck a deal with fellow-listed QMines to divest of its Develin Creek copper/zinc project, in Queensland, for up to A$4.5-million in cash and shares. "We are pleased to... 


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