ASX-listed TerraCom has increased its voting rights in takeover target Universal Coal to 87% as the deadline for the takeover offer looms. The suitor previously said that should it gain a shareholding of more than 75%, but less than 90% of Universal b…
TerraCom warns of Universal de-list plans Read More »
The Minerals Council of Australia (MCA) has welcomed the draft Productivity Commission report into resources sector regulation, saying a more robust, transparent and accountable regulatory system will strengthen the minerals industry once it emerges fr…
New regulations on the cards for resources sector Read More »
The Australian Worker’s Union (AWU) has lashed out at oil and gas major Woodside, claiming that it had stood down 500 of its workers both at the Karratha gas plant and at the Pluto liquefied natural gas (LNG) project “without a word of explanation or a…
Woodside cuts 900 staff – AWU Read More »
Coal miner New Hope Corporation has reported a 41% fall in profits after tax for the half year ended January, driven by lower coal prices.
Profits for the six months under review declined from the A$120.2-million reported in the previous corresponding…
Falling prices lowers New Hope profits Read More »
Coal miner New Hope Corporation has reported a 41% fall in profits after tax for the half year ended January, driven by lower coal prices.
Profits for the six months under review declined from the A$120.2-million reported in the previous corresponding…
Falling prices lower New Hope profits Read More »
State-owned Ok Tedi Mining on Tuesday said that the results of its three remaining potential COVID-19 cases have come back negative.
Between March 15 and 20 the company identified seven potential COVID-19 cases at the Ok Tedi copper/gold/silver mine, …
Ok Tedi workers cleared of Covid-19 Read More »
Gold miner Titan Minerals has warned that COVID-19 would impact its operations in Ecuador and Peru.
Titan’s 91%-held subsidiary Core Gold is temporarily suspending operations at the Dynasty Goldfield mine, in Ecuador, as government decrees regarding …
Ecuador and Peru tigthen reins amid Covid outbreak Read More »
Gold miner Titan Minerals has warned that COVID-19 would impact its operations in Ecuador and Peru.
Titan’s 91%-held subsidiary Core Gold is temporarily suspending operations at the Dynasty Goldfield mine, in Ecuador, as government decrees regarding …
Ecuador and Peru tighten reins amid Covid outbreak Read More »
Copper developer Orion Minerals on Tuesday said that it would postpone debt financing activities for the development of its Prieska copper project, in South Africa, until global macro-economic and market conditions stabilise.
The ASX- and JSE-listed O…
Orion Minerals halts Prieska financing talks Read More »
ASX-listed Syrah Resources will temporarily suspend its battery anode material project, in Louisiana, delaying the distribution of purified natural graphite samples for qualification with potential customers.
The Governor of Louisiana earlier this mon…
Syrah halts US battery project Read More »
