Merger and acquisition deal values in the mining and metals sector declined in 2019, compared with 2018, with the overall value falling by 39.14% from $101.6-billion to $61.8-billion, while deal volumes also decreased by 3.32%, from 1 385 transactions …
Mining M&A falls as Citi takes top adviser spot Read More »
Nickel miner Panoramic Resources has completed the retail component of its one-for-six entitlement offer, launched in December last year.
The miner on Tuesday said that at the retail entitlement offer closed on January 10, raising some A$19-million, …
Panoramic raises A$19m in retail offer Read More »
Diamond miner Lucapa’s polishing strategy has achieved its first diamonds from a cutting and polishing partnership.
The ASX-listed company on Tuesday reported that a 36 ct rough diamond recovered from the Mothae mine, in Lesotho, was manufactured into…
Lucapa’s polishing strategy delivers results Read More »
ASX-listed Fitzroy River Corporation has will start the compulsory acquisition of the remaining shares in fellow-listed Royalco Resources, after gaining a 90% stake in the junior takeover target.
Fitzroy in November last year launched a 24c a share ca…
Fitzroy to take control of Royalco Read More »
Australia’s Resources Minister Matt Canavan has inked a joint statement of cooperation with Japan, concerning hydrogen and fuel cells.
The statement encourages Australia and Japan to exchange views on national hydrogen strategies and safety informati…
Australia and Japan bond over hydrogen Read More »
Mining major BHP on Tuesday announced that director Lindsay Maxstead would not stand for re-election at the company’s annual general meeting.
BHP told shareholders that the company applied a nine-year tenure guideline as part of its director successi…
Maxstead to step away from BHP role Read More »
Coal miner Stanmore Coal has reported a 23% increase in run-of-mine production in the December quarter, compared with the previous quarter, with production increasing 21% in the year-to-date.
Stanmore on Tuesday reported that ROM coal production for t…
Stanmore output improves in Dec quarter Read More »
Gold miner Resolute Mining on Tuesday confirmed that it was in negotiations with EMR Capital over the possible sale of its Ravenswood gold mine, in Queensland.
While negotiations were still under way, Resolute said that total proceeds of the sale woul…
Resolute confirms possible Ravenswood sale Read More »
ASX-listed EcoGraf has inked a letter of intent with services provider GR Engineering Services for an engineering, procurement and construction contract for the development of a 20 000 t/y battery graphite facility, in Western Australia.
EcoGraf, prev…
EcoGraf creeps towards EPC contract Read More »
Gold miner Resolute Mining has set a production target of 500 000 oz for the 2020 financial year, with all-in sustaining costs forecast to fall to $980/oz.
The miner has reported a gold production of 382 731 oz of gold for the full 2019, which was sli…
Resolute sets 500 000 oz target for 2020 Read More »
