After a two-month long campaign to raise funds for the Beyondie sulphate of potash (SOP) project in WA, Reward Minerals has announced the transaction has been terminated.
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While BHP chief executive officer Mike Henry foresees the nickel winter extending to the end of the decade, he believes it’s not all doom and gloom for the company.
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Wiluna Mining Corporation could be gearing up to restart its gold operations in Western Australia after previously announcing its insolvency in 2022.
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Federal Resources Minister Madeleine King has placed nickel on the critical minerals list, giving nickel companies the opportunity to access billions of dollars in relief.
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Elmore, operator of the Peko iron ore and gold project in the Tennant Creek region of the Northern Territory, has entered voluntary administration.
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Perenti subsidiary Barminco will support IGO as it transitions its Cosmos nickel mine into care and maintenance, following the weakening of nickel prices hitting the sector.
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This week has seen Wyloo temporarily shut down the Cassini, Long and Durkin nickel mines and BHP pause part of its Kambalda processing operations considering recent nickel price slumps in Australia.
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Following Wyloo’s decision to place the Cassini, Long and Durkin nickel mines under care and maintenance, BHP has announced that it will pause part of its Kambalda processing operations in Western Australia.
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As Australian nickel players face multiple headwinds, Wyloo will temporarily shut down the Western Australian nickel mines it obtained through its acquisition of Mincor Resources.
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Former Northern Territory mining town Jabiru is continuing to make progress towards its transition to a sustainable Indigenous-led tourism and regional services hub.
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FTI Consulting directors have been appointed as voluntary administrators for Australian Potash, marking the third time in over two years a Western Australian potash player has collapsed.
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