29Metals seeks Capricorn mine relief
Almost three months after 29Metals completed the recovery of the Capricorn copper mine, the company has provided an update on the mine’s insurance claim.
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Core raises $100 million in equity for projects growth
Core Lithium has successfully completed its $100 million fully underwritten institutional placement that it announced yesterday.
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Geoscience data delivers billions to Australia
A new report from Deloitte Access Economics has found that precompetitive geoscience data and analysis supported $76 billion of added value in the Australian economy and around 80,000 full time equivalent jobs in 2021–22.
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St Barbara holds majority in Linden Gold Alliance
Linden Gold Alliance has completed the debt restructure it has with St Barbara, making St Barbara a majority shareholder in Linden and Linden debt free.
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Newmont-Newcrest deal makes billions for Australia
Pitchers Partners has released its Dealmakers: mid-market M&A in Australia 2023 update, where it found that the mining sector contributed significantly to the country’s M&A (mergers and acquisitions) value through the Newmont acquisition of Newcrest.
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Silvercorp Metals to acquire OreCorp
Silvercorp Metals and OreCorp have signed a binding scheme implementation agreement where Silvercorp will acquire all fully paid ordinary shares of OreCorp not held by Silvercorp or its associates.
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Black Swan restart bolstered by $6 million
Poseidon Nickel has brought in $6 million to progress exploration drilling and development activities at its flagship nickel projects, Black Swan and Lake Johnston, in Western Australia.
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Mining sector delivers billions to Australia
The mining industry has contributed a record $455 billion in export revenue for Australia during the 2022–23 financial year, according to the Australian Bureau of Statistics (ABS).
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A big year for South32
BHP closes the financial year with production record
BHP hits production records, while Alcoa sees slight dip, and Yancoal makes strides in safety.
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Whitehaven records strong June despite weather delays
St Barbara sees solid production results
A week after completing the sale of its Leonora assets to Genesis Minerals, St Barbara has provided a production update for the June 2023 quarter (Q4 FY23) and 2023 financial year (FY23).
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Karlawinda reaches key milestone
Capricorn Metals’ Karlawinda gold project has achieved a record annual gold production of 120,014 ounces for the 2023 financial year (FY23).
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Leonora assets sale delivers millions for St Barbara
With St Barbara having completed its sale of its Leonora assets to Genesis Minerals, it has reported a closing cash balance of $294 million as of June 30 2023.
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Westgold bows out of Musgrave takeover battle
Westgold Resources has advised the market that it does not intend to increase its takeover offer for Musgrave Minerals, in the wake of a superior offer from Ramelius Resources.
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Bellevue begins Vanguard mining
Bellevue Gold has signed an agreement with Genesis Minerals that involves Genesis processing material from the Bellevue Gold Project, predominantly from the Vanguard open pit.
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Glencore contributes $20 billion to Australian economy
The latest economic report from Glencore shows that the company’s operations directly contributed almost $20 billion to the Australian economy in 2022.
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Queensland Budget built on the back of coal
The Queensland Government’s controversial coal royalty system has contributed to an enormous $12.3 billion in revenue and a record surplus, giving the State’s budget the vitality it needs to tackle a range of cost of living issues.
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A Great White expansion
Andromeda Metals has secured an offtake agreement with Japanese manufacturer Plantan Yamada for the delivery of high-quality kaolin.
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Bowen Coking Coal raises millions
Bowen Coking Coal has successfully completed a $40 million placement at $0.17 per share to investors, and a fully underwritten $10 million share purchase plan to eligible shareholders at the same price as the placement.
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