The Queensland Resources Council (QRC) has called on the members of the state Parliament to support Liberal National Party’s (LNP’s) proposal to freeze royalty rates for the next ten years, saying it would protect the Queensland economy from the impact…
QRC urges royalty freeze Read More »
Revenues from liquefied natural gas (LNG) sales in Australia were down 52% in July, compared with the same period last year, new data from Energy advisory EnergyQuest has shown.
While Australian LNG shipments in July were steady at 5.8-million tonnes…
Covid hits July LNG figures Read More »
ASX-listed Horizon Minerals will raise A$16.1-million to accelerate exploration work and mine and mill studies at its Boorara project, in Western Australia.
The company on Thursday announced that it had received binding commitments for the placement o…
Horizon raises A$16m for exploration work Read More »
Gold miner Gascoyne Resources has unveiled a A$125-million funding package to recapitalize the company.
The company on Thursday announced that it will undertake a fully underwritten institutional placement and a two-for-one accelerated pro-rata non-re…
Gascoyne unveils recapitalisation plans Read More »
Rare earths miner Lynas on Thursday told shareholders that it had inked a letter of agreement with Japan Rare Earths (JARE) reconfirming that company’s long-term support of Lynas.
The two companies are parties to a long-term loan facility with a balan…
JARE reconfirms Lynas commitment Read More »
Gold miner Evolution Mining has reported record profits for the 2020 financial year, on the back of steady gold production and higher achieved prices.
“The 2020 financial year was a great year for Evolution with a strong improvement in safety and sust…
Evolution reports record results in 2020 Read More »
Diversified miner South32 on Thursday announced that the Samacor Manganese joint venture (JV), in which it holds a 60% stake, had inked a deal with Sanjeev Gupta’s GFG Alliance to divest of its shareholding in the Tasmanian Electro Metallurgical Compan…
South32 sells Tasmanian smelter Read More »
Oil and gas major Woodside has reported record production for the first six months of the 2020 financial year, despite unprecedented disruptions to the company’s operations and markets with the onset of the Covid-19 pandemic.
Production in the first h…
Record output for Woodside as prices fall Read More »
Junior Argent Minerals will raise A$2.2-million through a share placement to sophisticated and professional investors to fast-track resource drilling in New South Wales.
The company on Wednesday announced that it would issue 40-million fully paid ord…
Argent raises exploration funds Read More »
ASX-listed Australian Potash has inked its fourth offtake agreement at its Lake Wells project, in Western Australia.
The company on Wednesday announced that it had signed a binding term sheet with partner HELM AG for the supply of 30 000 t/y of premi…
Another offtake agreement at Lake Wells Read More »
