Takeover target Universal Coal has urged shareholders to reject an unsolicited bid from ASX-listed TerraCom, after an independent expert determined that the offer was neither fair nor reasonable.
TerraCom’s 33.5c a share offer for Universal consists o…
TerraCom’s bid for Universal flunks expert scrutiny Read More »
A new report by advisory firm Deloitte has noted that the outbreak of the Coronavirus has added uncertainty to the pace of Western Australia’s economic recovery, with the state likely to be hard hit if market volatility persisted.
In its latest econo…
Coronavirus could impede WA economy – Deloitte Read More »
The Victorian government has introduced legislation to lift the moratorium on onshore gas exploration and production, while moving to permanently ban hydraulic fracturing.
The government will be introducing two Bills to Parliament today, the first of …
Victoria moves to lift onshore gas ban Read More »
The Victorian government has introduced legislation to lift the moratorium on onshore gas exploration and production, while moving to permanently ban hydraulic fracturing (fracking).
The government will be introducing two Bills to Parliament on Tuesda…
Australia’s Victoria moves to lift onshore gas ban Read More »
A prefeasibility study into the Bardoc gold project, in Western Australia, has forecast average yearly production of 135 000 oz at an all-in sustaining cost of A$1 220/oz. ASX-listed Bardoc Gold has reported that the project would require a capital inv…
PFS confirms Bardoc economics Read More »
Junior Bryah Resources will suspend drilling operations in Western Australia and will cut director remuneration by 25% from April in an effort to conserve cash.
Bryah on Monday told shareholders that exploration activity at the Bryah Basin project, w…
Bryah cuts back on exploration and director costs Read More »
Lithium miner Galaxy Resources has successfully installed and commissioned ore sorters at the front-end of the Mt Cattlin process plant, in Western Australia, as part of its strategy to prioritise value over volume to preserve resource life and control…
Mt Cattlin starts processing stockpiled ore Read More »
ASX-listed Downer EDI has suspended the review of its mining business due to the market volatility caused by the Coronavirus pandemic.
“As we said when we announced the portfolio review, Downer’s mining business is a leader in Australia with a proven …
Downer pauses mining division sale Read More »
ASX-listed Horizon Minerals will raise A$6-million through a share placement and through a loan with German investment firm Sparta AG to fund drilling at its Boorara gold project, in Western Australia.
Horizon on Monday announced that it would raise a…
Horizon secures A$6m for Boorara work Read More »
Graphite and lithium-ion battery hopeful Magnis Energy Technologies has increased its shareholding in the iM3 New York battery plant from 50.86% to 53.39%. The ASX-listed company has inked a deal with Boston Opportunities No1 to acquire its entire shar…
Magnis increases New York participation Read More »
