Indonesia-focused Sihayo Gold is hoping to raise A$32.1-million through a share placement and non-renounceable entitlement offer to fund exploration and early works at its Sihayo starter project. The ASX-listed company will raise an initial A$14.3-mill…
Sihayo to raise A$32m for Indonesian gold Read More »
Junior Fenix Resources is looking to raise A$15-million through a share placement to develop Iron Ridge project, in Western Australia, targeting first direct shipping ore (DSO) shipments in early 2021.
The company will issue 103.5-million shares, at …
Fenix funded to start Iron Ridge Read More »
Falling oil and liquefied natural gas (LNG) prices has seen ASX-listed Origin Energy report a significant fall in profits and earnings for the full year ended June.
The company has reported statutory profits of A$83-million for the 12 months ended Ju…
Oil prices hit Origin Read More »
Graphene company Talga Resources will raise A$10-million through an institutional share placement to fund its pathway to battery anode production.
The company on Thursday said that it had received firm commitments from a select group of institutional…
Talga launches capital raise Read More »
Diversified miner South32 has reported a 71% fall in profits before tax as the Covid-19 pandemic decimated commodity prices, with the miner flagging a change in focus towards base metals over the next five years.
South32 on Thursday announced a loss …
Commodity prices hinder South32 results Read More »
A 64% increase in gold production for the 2020 financial year has seen gold miner Silver Lake’s profits increase by 699%, compared with the previous financial year.
The ASX-listed company has reported a normalized profit after tax of A$133-million for…
Silver Lake reports stellar year Read More »
ASX-listed Mineral Resources has reported record earnings for the full year ended June, driven by the sale of its 60% interest in the Wodgina lithium project during 2019, and increased production.
Mineral Resources on Wednesday announced record statut…
Record earnings reported at MinRes Read More »
Junior Alto Metals on Wednesday said that it would consider alternate funding arrangements after the Takeovers Panel prohibited the company from continuing with it’s A$5.1-million capital raise.
Alto forced to look for funds elsewhere Read More »
Copper/gold miner Oz Minerals has reported an 82% increase in net profits after tax for the half-year ended June, driven by higher gold volumes and the stronger gold price.
Net profit after tax for the first half of 2020 reached A$79.8-million, up fro…
Oz profits rise with higher gold price Read More »
Lithium developer Core Lithium has inked a non-binding memorandum of understanding (MoU) with potential offtake partner Xinfeng for between 20 000 t/y and 30 000 t/y of offtake from the Finniss lithium project, in the Northern Territory.
Core said on …
Core inks offtake MoU Read More »
