Mick Wilkes has stepped down as president and CEO of dual-listed gold miner OceanaGold, effective immediately, while also retiring from the company’s board of directors.
OceanaGold’s current COO Michael Holmes will take over as acting president and CE…
Wilkes walks away from OceanaGold Read More »
Gold miner Ramelius Resources has declared its takeover offer for fellow-listed Spectrum Metals to be unconditional, having gained a 50.5% interest in the takeover target.
Ramelius earlier this year launched its takeover offer for Spectrum Metals, off…
Ramelius’ offer for Spectrum gains momentum Read More »
Oil and gas producer Oil Search has cut its capital expenditure for 2020 from between $710-million and $845-million, to between $440-million and $530-million on the back of global market volatility.
The company told shareholders on Wednesday that fore…
Oil Search cuts expenses as markets tumble Read More »
ASX-listed Paladin Energy has completed the divestment of its 85% stake in the Kayelekera asset, in Malawi, reducing the company’s forecast capital expenditure by around $5-million a year.
Kayelekera was idled in 2014 on the back of low uranium prices…
Paladin completes Kayelekera sale Read More »
New data from the Office of the Chief Economist has shown that Australia’s resource and energy export earnings are forecast to set a record of A$299-billion in 2019-20, an increase of A$18-billion from 2018-19, while the effects of the COVID-19 virus w…
Australian exports going strong, Covid-19 impact still looming Read More »
Mining majors BHP, Fortescue Anglo American and consulting engineering group Hatch have formed a Green Hydrogen Consortium to jointly accelerate decarbonisation within their global operations.
The goal of the consortium is to identify opportunities to…
Miners join forces on hydrogen to decarbonise operations Read More »
Services provider MACA has been awarded a A$38-million public road upgrade and access road works at the Corunna Downs iron-ore project, in Western Australia.
The contract will stretch over a period of eight months, and will include the upgrade of a 22…
MACA wins Corunna Downs work Read More »
The definitive feasibility study (DFS) into ASX-listed Alpha HPA’s high purity alumina (HPA) First project, in Queensland, has found that it could generate free annual cash flows of A$280-million a year from the production of 10 000 t/y HPA.
The proj…
HPA First to cost A$308m Read More »
The Tick Hill gold project, in Queensland, could produce some 25 000 oz of gold over a 12-month period, a scoping study has found.
ASX-listed Carnaby Resources told shareholders that the scoping study contemplated a mining and toll treatment operation…
Tick Hill scoping proves project economics Read More »
ASX-listed Infinity Lithium Corporation has struck a binding sales agreement to divest of its potash assets in Gabon, allowing the company to focus on its San Jose lithium project, in Spain.
Infinity told shareholders that the divestment of its subsid…
Infinity sells Gabon potash assets Read More »
