Takeover target Universal Coal and suitor TerraCom have agreed to adjourn a general meeting of Univesal’s shareholders while the two companies conduct a legal battle.
TerraCom has previously called for the general meeting in a bid to remove Mark Eames…
Universal and TerraCom hold off on shareholder meeting Read More »
Diversified metals miner Independence Group has announced plans to enter into an earn-in and joint venture (JV) agreement with junior Encounter Resources over its Yeneena copper/cobalt project, in Western Australia.
Under the terms of the agreement, I…
Independence signs up for Encounter land Read More »
The Carrapateena copper/gold mine in South Australia, has reached nameplate mill throughput rates, with stable operational periods at 500 t/h and in excess of 90% runtime achieved for a 24-hour period.
ASX-listed Oz Minerals on Wednesday said that fl…
Carrapateena hits nameplate target Read More »
Diamond miner Lucapa Diamond Company will raise some A$2.8-million in a share placement to sophisticated and professional investors to advance exploration work at its Lulo kimberlite project, in Angola.
The company on Wednesday said that it would iss…
Lucapa raises funds for kimberlite hunt Read More »
New data collected by Geoscience Australia has shown dramatic increases in critical minerals resources in Australia, including tantalum, lithium and rare earths.
The data was collected from the mining industry in 2018, and also shows that Australia co…
Critical mineral stocks rising in Aus Read More »
Australia-focused metals miner NQ Minerals has secured a $60-million debt facility with a European natural resources bank and financial solutions provider Traxys Group as part of its refinancing efforts for the original debt raised to fund the Hellyer …
NQ Minerals refinances Hellyer debt Read More »
ASX-listed Northern Minerals on Tuesday told shareholders that the company could seek further funding in the form of debt, equity or both to progress its Browns project, on the border of Western Australia and the Northern Territory.
The announcement c…
Northern Minerals open to more funding Read More »
The Queensland Resources Council (QRC) has warned the state government that its proposed industrial manslaughter laws could have a negative outcome and decrease the safety culture in the mining industry.
The Queensland government in February introduc…
QRC argues for amendments to manslaughter laws Read More »
A final investment has been made for the Van Gogh infill development Phase 2 project, oil and gas giant Santos reported.
The project will involve the drilling and competing of three new horizontal, dual-lateral production wells and subsea tieback int…
Santos takes Van Gogh FID Read More »
A new report into the Western Australia future battery industry has found that battery minerals contributed $6-billion in export revenue in 2018-19, specifically, rare earths has grown significantly and was valued at over A$355-million.
As at December…
Battery minerals benefits WA Read More »
