ASX-listed Alita Resources, which went into administration earlier this year, has entered into a $70-million loan facility agreement with China Hydrogen Energy (CHE), while it mulls a deed of company arrangement (DOCA) with the Chinese group.
The fun…
Alita gets an offer from Chinese heavyweight Read More »
Polling done on behalf of the Minerals Council of Australia (MCA) has shown that four out of ten Australians support lifting the ban on nuclear power in Australia.
The polling, done by JWS Research, fo0und that 39% of Australians supported the use of …
Winds of change blowing in Aus Read More »
New data by the Australian Bureau of Statistics (ABS) mineral exploration expenditure in the September quarter was up by 7.7%, or some A$51.5-million compared with the previous corresponding period, to A$716.3-million.
Base metals exploration saw the…
Exploration spend up in Sept quarter Read More »
The share price of both ASX-listed Focus Minerals and Horizon Minerals faltered on Friday on news that the A$55-million sale of the Coolgardie gold project, in Western Australia, was unlikely to proceed.
Horizon in February this year entered into an e…
Coolgardie sale poised to fail Read More »
ASX-listed De Grey Mining will raise A$5-million in a share placement to sophisticated and professional investors.
The company on Friday said that it would place 111.1-million shares, at 4.5c each, under its existing placement capacity.
De Grey raises A$5m for exploration Read More »
Gold miner Troy Resources on Friday told shareholders that a restart of operations at the Karouni gold project, in Guyana, would be dependent on a number of issues, including securing additional funding.
Troy in October this year suspended operations …
Karouni restart facing several issues – Troy Read More »
Uranium developer Peninsula Energy will raise A$9.1-million through a share placement and entitlement offer to fund work at its Lance uranium project, in Wyoming.
An initial A$7-million will be raised through an institutional placement, with 42.42-mil…
Peninsula raises cash for Wyoming uranium project Read More »
Mining major BHP’s A$4.88-billion South Flank iron-ore project, in the Pilbara, has reached its halfway mark.
The South Flank operation will leverage and expand on the existing Mining Area C hub, and is BHP’s preferred option to replace the 80-million…
South Flank reaches midway mark Read More »
Junior miner Beacon Minerals has officially opened its Juardi gold mine, in Western Australia, after the project poured its first gold in September.
The A$21.4-million project is expected to recover some 126 000 oz of gold over a five-year mine life, …
Ribbon cut at Beacon’s Juardi mine Read More »
Junior miner Beacon Minerals has officially opened its Juardi gold mine, in Western Australia, after the project poured its first gold in September.
The A$21.4-million project is expected to recover some 126 000 oz of gold over a five-year mine life, …
Ribbon cut at Beacon’s Jaurdi mine Read More »
