Dual listed lithium miner Orocobre has inked a definitive agreement to acquire TSX-V listed Advantage Lithium Corp.
Under the terms of the agreement, Advantage shareholders will receive 0.142 Orocobre shares for every one Advantage share held, valuing…
Orocobre buys Canadian JV partner Read More »
ASX-listed American Pacific has raised A$7.1-million through a share placement to fund construction activities at its Fort Cady borate mine, in Southern California.
The company placed more than 17-7-milliion shares, at a pri9ce of 40c each to institu…
Funds raised for Fort Cady project Read More »
Iron-ore major Fortescue Metals has reported record half year revenues during the six months ending December, after iron-ore shipments increased by 7% on the previous corresponding period.
Iron-ore shipments in the first half of the 2020 financial yea…
Fortescue’s new mix and higher prices pay off Read More »
The Australian Competition and Consumer Commission (ACCC) has called on Australia’s southern state to allow gas exploration in a bid to secure supply.
“Southern states risk facing a shortfall in the medium term unless there is more exploration and de…
ACCC calls for more gas exploration Read More »
Junior base and precious metals producer Red River Resources has announced plans to develop the Liontown deposit as its next mining operation at the Thalanga gold project, in Queensland.
An updated mineral resource for the Liontown project is due in M…
Red River sets sights on Liontown Read More »
The Cloncurry Alliance, between ASX-listed Oz Minerals and Minotaur Exploration, has inked a joint venture (JV) heads of agreement with fellow-listed Sandfire Resources over a tenement package near Cloncurry, in Queensland.
The Sandfire tenements inco…
ASX miners join forces in Cloncurry Read More »
Nickel miner Panoramic Resources has sold off a portion of its shareholding in fellow listed Horizon Gold.
The ASX-listed company on Tuesday told shareholders that it had sold more than 20.23-million Horizon shares at a price of 27c a share to Zeta R…
Panoramic divests of Horizon shares Read More »
Copper miner Oz Minerals has nearly halved its net profits after tax for the full year ending December, with the miner reporting that net profits fell to A$163.9-million from the A$222.4-million reported in the previous full year.
Underlying net profi…
Revenues and profits fall at Oz Minerals Read More »
Major Rio Tinto has submitted a feasibility study for the Tavan Tolgoi power plant (TTPP) project, to the government of Mongolia, as part of its electricity solution for the Oyu Tolgoi copper project.
The TTPP will involve the construction of a 300 MW…
Rio submits power plans for Oyu Tolgoi Read More »
Diversified giant Rio Tinto has downgraded its iron-ore export expectations for the full 2020, in the wake of Tropical Cyclone Damien.
The miner on Tuesday noted that the cyclone had caused infrastructure damage across its entire Pilbara network, inc…
Rio downgrades iron-ore expectations after cyclone Read More »
