The shareholders of takeover target MOD Resources on Tuesday approved a takeover offer by fellow listed Sandfire Resources.
While shareholder approval for the transaction has now been obtained, the offer still remained subject to a number of condition…
MOD shareholders vote for Sandfire Read More »
ASX-listed junior Canyon Resources has reported a 62% increase in the mineral resources at its Martap bauxite project, in Cameroon.
The project is now estimated to host a 892-million tonne resource, grading 45.1% aluminium oxide and 2.8% silicon diox…
Canyon increases Martap resource Read More »
Following shareholder approval, junior Sagon Resources has moved to take full ownership of the Cummins Range rare earths project, in Western Australia.
The company in July this year struck an agreement with fellow listed Element 25 to acquire the Cum…
Cummins Range sale completed Read More »
Gold miner Saracen Mineral Holdings has struck an agreement with fellow-listed Talisman Mining to purchase the Sinclair project, in Western Australia, for A$10-million.
In addition to the cash payment, Saracen will also pay Talisman a 2% net smelter r…
Saracen bolts-on Sinclair Read More »
A joint venture (JV) between Australian oil and gas major Santos, and global player BP has been awarded new acreage on trend with the Dorado discovery, offshore Western Australia.
Santos will operate the new permit in the Northern Carnarvon Basin, whi…
BP/Santos JV handed new acreage Read More »
Federal Resources and Northern Australia Minister Matt Canavan on Friday announced that A$1.9-million will be spent at the waste rock dump at the Rum Jungle Creek South, near Darwin, to ensure that the site continues to meet national standards for radi…
Rehabilitation continues at Rum Jungle Read More »
ASX-listed junior King Island Scheelite has reported an 18% increase in the tungsten resource at its Dolphin project, in Tasmania.
The combined inferred and indicated resource at the Dolphin project now stood at 11.36-million tonnes, grading at 0.9% t…
Tonnes added at Dolphin Read More »
Uranium hopeful Toro Energy has launched a share purchase plan (SPP) to raise A$3.5-million to fund a drilling programme at the Yandal gold project, and to retire debt.
Eligible shareholders will be able to subscribe for up to A$30 000 of additional s…
Liquefied natural gas (LNG) production has helped to set international trade records in the Northern Territory in 2019, with A$8.1-billion of trade undertaken.
The state government noted that the A$8.1-billion achieved in the 2019 financial year was a…
LNG drives NT exports to record high Read More »
ASX-listed Origin Energy has struck a supply agreement with the Australia Pacific Liquefied Natural Gas (APLNG) project to purchase 61 PJ of gas over a two year period, to support the east coast gas market.
Under the terms of the agreements, gas suppl…
APLNG supplies more gas to the east coast Read More »
