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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...
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,...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 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...
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...
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...
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...
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...
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...
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...
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...
The current platinum group metals (PGMs) basket price puts 70% of the South African production base at a loss when taking into account replacement capital requirements on top of the working costs....
The 2023 financial year saw Australia-based Paladin Energy continue to execute on its strategy of returning the Langer Heinrich Mine (LHM), in Namibia, to production, with the restart project well...
Research firm BMI has revised downward its Newcastle thermal coal price forecast for the year to $180/t, from $220/t previously, owing to global demand for coal having weakened. After averaging...
The Queensland government this week pledged a further A$53.5-million to the Industry Partnership Program (IPP) to support new industries. Deputy Premier Steven Miles said the funding would focus...
ASX-listed Queensland Pacific Metals (QPM) has completed the acquisition of the Moranbah gas project, transforming the company into the sixth largest domestic gas producer on the Australian...
Potash developer BCI Minerals has received credit approvals for A$650-million of project finance for its Mardie salt project, in Western Australia. The company on Friday said that the Northern...
Gold miner Ramelius Resources has extended its takeover offer for fellow-listed Musgrave Minerals until September 15, and has reiterated that it will not be improving on its offer, in the absence...
Australia’s future prosperity will centre on its ability to value-add, rather than just relying on extraction, Industry and Science Minister Ed Husic said this week. “Australia has had a...
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