The directors of takeover target Azumah Resources have urged the remaining shareholders to accept a takeover offer from suitor Ibaera Capital before the offer closed on December 17. Ibaera, which currently holds an 84% stake in Azumah, was offering sha…
Azumah urges acceptance of Ibaera offer Read More »
Africa-focused oil and gas developer FAR on Thursday announced plans to raise up to A$176-million to fund the development to first oil at its Sangomar oil field, offshore Senegal.
The company will raise an initial A$146-million through a conditional …
FAR raises A$176m for Senegal project Read More »
Diversified major Rio Tinto on Thursday said that it would ‘consider its options’ regarding the proposed A$476-million capital raise by uranium miner Energy Resources of Australia (ERA), after the Australian Takeovers Panel declared unacceptable circum…
Rio weighing options in ERA funding row Read More »
Gold miner Perseus Mining has warded a mining services contract to EPSA Internacional SA at its Yaouré gold mine in Cote d’Ivoire.
The contract will run for a period of 65-months starting on November 1 next year, and would see the movement of some 170…
Perseus awards mining contract at Yaouré Read More »
The South Australian government has granted ASX-listed Renascor Resources approval for a 60 t bulk sample from its Siviour graphite project.
Ore extracted from the bulk sample will be used in the pilot plant production trial, which is taking place in …
Renascor cleared for bulk sampling at Siviour Read More »
Rare earths developer Hastings Technology Metals will raise A$12-million through a share placement to institutional and sophisticated investors.
The company on Wednesday announced that it had received firm commitment for the placement of more than 83…
Hastings raises funds for Yangibana Read More »
A scoping study into the Crown Prince gold project, in Western Australia, has estimated that it could produce some 22 444 oz of gold over an 18-month period.
ASX-listed Ora Gold on Wednesday reported that the project is likely to require a capital inp…
Crown Prince proves golden for Ora Read More »
Strategic metals developer TNG has signed a binding term sheet with commodity trader Gunvor over a potential 40% of the planned vanadium pentoxide production at its Mt Peake vanadium-titanium-iron project, in the Northern Territory.
TNG is expected t…
TNG signs vanadium offtake Read More »
ASX-listed Senex Energy has expanded its natural gas sales agreement with packaging manufacturer Orora.
In May this year the two companies struck a two-year sales agreement for the supply of 3.3 PJ of natural gas from Project Atlas, starting in Januar…
Senex extends Orora contract Read More »
The Saint Elmo vanadium project, in Queensland, has been granted major project status by the federal government.
The project is expected to initially produce some 10 000 t/y of vanadium pentoxide, but project owner Multicom Resources has said that sub…
St Elmo gets Major Project status Read More »
