Copper/gold miner Sandfire Resources has reported a solid end to the six months ending December, despite weaker US dollar copper prices.
Sandfire on Thursday reported that sales revenue for the interim period reached A$313.1-million, up from the A$272…
Gold prices keep Sandfire solid Read More »
South Africa-focused coal miner Universal Coal has maintained its advice that shareholders not take any action in regards to a takeover bid from fellow-listed TerraCom, despite the suitor’s reports that its offer had garnered significant attention.
T…
Universal pleads for shareholders to hold fast Read More »
Coal miner Whitehaven Coal has reported a 30% drop in revenue for the interim period ending December, as coal prices tumbled.
The ASX-listed miner on Thursday reported that revenue for the six months under review reached A$885.1-million, down from the…
Soft coal prices tank Whitehaven profits Read More »
Mineral sands miner Iluka has temporarily suspended operations at its Sierra Rutile operation, in Sierra Leone, following a community disruption overnight.
The company said that the disruption is expected to be resolved shortly, with operations to res…
Iluka halts Sierra Rutile, mulls royalty spin-off Read More »
Oil and gas major Santos has reported a 7% increase in net profits after tax for the full year ending December, with the ASX-listed company reporting record annual free cash flows.
Net profits after tax for the full year reached $674-million, up from…
Santos reports profit surge Read More »
Diamond miner Lucapa will continue the hunt for the primary hard-rock sources of alluvial diamonds at its Lulo mine, in Angola, noting that the first stream bulk samples excavated from the Canguige tributary had resulted in the recovery of 45 diamonds …
Lucapa keeps digging at Lulo Read More »
Coal miner New Hope has reported a 9% increase in coal production for the quarter ended January, and an 84% increase in production in the six months ended January, as the Bengalla project, in New South Wales, increased output.
Total saleable coal prod…
New Hope output picks up despite New Acland delays Read More »
Junior miner Mount Gibson Iron has reported higher revenues for the first half of 2020, on the back of increased iron-ore production. Mount Gibson on Wednesday reported that iron-ore sales for the six months to December had reached 2.8-million tonnes, …
Mt Gibson’s revenue soars Read More »
Suitor TerraCom’s takeover offer for ASX-listed Universal Coal seems to have gained traction with shareholders, despite Universal’s obvious reluctance.
TerraCom on Wednesday announced that acceptances to date, when aggregated with TerraCom’s existing…
TerraCom’s offer for Universal gains traction Read More »
Potash developer Salt Lake Potash has inked a binding term-sheet with trading and investment giant Mitsui & Co for the sale of sulphate of potash (SOP) from its Lake Way project, in Western Australia, into Bangladesh, Cambodia, Japan, Malaysia, the…
More offtake secured at Lake Way Read More »
