The Queensland government has declared the A$470-milion Saint Elmo vanadium mine as a prescribed project.
Minister for State Development Cameron Dick said the Multicom Resources d project could deliver 200 construction jobs and 150 operational jobs, w…
St Elmo gets prescribed status Read More »
A 17% increase in gold production during the first half of 2020 has seen gold miner Westgold Resource report a 187% increase in net profits after tax.
Westgold on Monday announced that gold production during the six months ending December had increas…
Westgold profits surge Read More »
ASX-listed Apollo Consolidated will raise A$10-million to accelerate drilling activities at its flagship Lake Rebecca gold project, in Western Australia.
The junior would place 47.6-million shares, at a price of 21c each to institutional and sophisti…
Apollo raises A$10m for Rebecca exploration Read More »
Junior explorer Sky Metals will raise some A$10.5-million through a share placement to fund exploration work at the Cullarin gold project, in New South Wales, where it is earning an 80% interest.
The company has received firm commitments for the plac…
Sky raises funds for gold exploration Read More »
Emerging lithium hopeful Sayona Mining has submitted its bid for North American Lithium (NAL), in Quebec.
NAL in 2018 produced 114 000 t of spodumene against a nameplate capacity of 180 000 t. The operation also has the potential to produce battery-gr…
Sayona places a bid for Canadian NAL Read More »
ASX-listed TerraCom is continuing its acquisition spree in Africa, with the company signing a binding term sheet for the acquisition of bauxite developer Anglo African Minerals (AAM).
AAM’s bauxite resources are located in the Republic of Guinea, cons…
TerraCom makes a play for African bauxite Read More »
Gold miner Silver Lake Resources has reported a 1 117% increase in profits after tax for the first half of 2020, on the back of a near doubling in gold production and higher gold prices.
Silver Lake on Monday reported that gold production for the half…
Doray assets skyrocket Silver Lake profits Read More »
Higher gold grades and higher achieved sales prices has seen gold miner Ramelius Resources report a 329% increase in net profits after tax for the six months ended December.
The miner on Monday reported that net profits after tax for the interim peri…
Ramelius posts strong first half Read More »
The share price of junior Alto Metals surged by more than 80% on Monday as the company weighs its options regarding a possible bid from fellow-listed Goldsea Australia Mining.
Goldsea, which is an Australian wholly-owned subsidiary of Shandong Goldse…
New offer emerges for Alto Read More »
Nickel miner Panoramic Resources has inked a long-term underground mining contract with contractor Barminco at its Savannah nickel mine, in Western Australia.
Barminco’s parent company Perenti on Friday said that under the near A$200-million contract,…
Panoramic signs up Barminco for underground work Read More »
