ASX-listed Mako Gold will raise A$10-million to accelerate exploration at its Napie gold project, in Cote d’Ivoire.
The company will place up to 87-million new shares, priced at 11.5c each, in two tranches.
Mako raises A$10m for Ivorian exploration Read More »
Coal miner New Hope Group has reported a 15.8% drop in production for the quarter ended July, compared with the previous corresponding period, as production at its Queensland operation, including the New Acland mine, fell.
Total saleable coal product…
More job losses loom at New Hope Read More »
The Foreign Investment Review Board (FIRB) has given approval to Shandong Gold Mining to acquire ASX- and TSX-listed Cardinal Resources.
Shandong in July this year increased its takeover offer for Cardinal from the 60c a share offered in June this yea…
FIRB approves Shandong/Cardinal deal Read More »
Iron-ore major Fortescue Metals on Friday said it was on track for first ore on train at its Eliwana mine, in the Pilbara, in December this year, as the company firmed up its reserve and mineral resource estimates.
“We are pleased to report over 2.2-b…
unior Fe Limited will acquire a 50% interest in the Yarram iron-ore project, in the Northern Territory, and would act as operator for the joint venture (JV).
The company on Friday said that it would pay A$1.5-million in cash and shares, along with a f…
Fe takes stake in Yarram project Read More »
A new report on the future of the Western Australian lithium industry has noted that while future outlook for the commodity remained bright, it warned that government support was vital for the sector to remain sustainable.
The report was commissioned …
Western Australia has bright future in lithium – industry report Read More »
A new report on the future of the Western Australian lithium industry has noted that while future outlook for the commodity remained bright, it warned that government support was vital for the sector to remain sustainable.
The report was commissioned …
WA has bright future in lithium – report Read More »
The Queensland Resources Council (QRC) on Thursday welcomed the state government’s commitment to strengthen the resources sector’s role as Queensland moved to recover from the Covid-19 pandemic.
Premier Annastacia Palaszczuk unveiled a A$7-billion Cov…
Qld announces Covid recovery plan Read More »
The government of Senegal has increased its stake in the Sangomar offshore and Sangomar deep offshore (RSSD) exploitation area from 10% to 18%.
ASX-listed FAR said on Thursday that the state oil company Petrosen’s decision to increase its stake in the…
Senegal increases interest in Sangomar Read More »
Oil and gas giant Santos has reported a 48% fall in underlying profits for the six months ended June, with the company swinging to a net loss after tax. The company has reported a net loss of A$289-million, down from a net profit after tax of A$388-mil…
Santos swings to a loss Read More »
