ASX-listed Mineral Resources has reported a more than 2 000% increase in earnings before interest, tax, depreciation and amortization (EBITDA) for the six months ended June, as its $1.15-billion deal with US major Albamarle affected the bottom-line.
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Wodgina deal hits MinRes bottom line Read More »
The share price of junior Metalicity on Wednesday closed 25% higher after the company flagged a possible corporate transaction with fellow-listed Nex Metals Exploration. Metalicity and Nex Metals on Wednesday told their respective shareholders that the…
Metalicity flags possible deal with Nex Metals Read More »
Gold miner Evolution Mining has reported record underlying net profits, earnings before interest, tax, depreciation and amortization (EBITDA) and cash flows for the half-year ended December.
Underlying net profits for the quarter increased by 62% on t…
Higher gold price drive Evolution records Read More »
Gold miner Evolution Mining has reported record underlying net profits, earnings before interest, taxes, depreciation and amortization (Ebitda) and cash flows for the half-year ended December. Underlying net profits for the quarter increased by 62% on …
Higher gold price drives Evolution records Read More »
Oil and gas major Woodside Petroelum has warned of a non-cash impairment of A$720-million in relation to its Kitimat assets, in Canada, for the 2019 financial year.
US major Chevron, which holds a 50% stake in the Kitimat project, in December of last…
Woodside warns of Kitimat write-down Read More »
Diamond miner Lucapa has generated a further A$8.2-million from the run-of-mine diamond sales from its Lulo and Mothae mines. The ASX-listed company told shareholders that a total of 1 548 ct of diamonds from the Lulo operation, in Angola, was sold for…
Lucapa reports further revenue from diamond sales Read More »
A prefeasibility study (PFS) into the West Musgrave/ Nebo-Babel base metals project, in Western Australia, has demonstrated that the project could have a mine life of some 26 years, producing at an annual rate of 28 000 t of copper and some 22 000 t o…
West Musgrave PFS proves positive Read More »
Gold miner Gold Road Resources has set a production target of between 250 000 oz and 285 000 oz for the Gruyere joint venture (JV), in Western Australia, for 2020.
The gold miner on Wednesday noted that drilling at the Gruyere JV in 2019 resulted in a…
More drilling planned at Gruyere Read More »
South Africa-focused coal miner Universal Coal has maintained its advice that shareholders not respond to an unsolicited offer from fellow-listed TerraCom, after the suitor on Wednesday lodged a formal offer document.
TerraCom on Wednesday confirmed …
TerraCom confirms Universal offer Read More »
ASX-listed Sandfire Resources has withdrawn from an earn-in and joint venture agreement over the Red Mountain zinc and precious metals project, in Alaska.
Sandfire in March last year struck an agreement with fellow-listed White Rock Minerals to earn …
Sandfire withdraws from Alaska’s Red Mountain Read More »
