A new report by the Office of the Chief Economist has highlighted the potential for additional production and investment into six critical minerals, including niobium, rare earth elements, cobalt, antimony, magnesium and tungsten.
The report noted th…
Critical minerals offer an opportunity for Aus Read More »
Junior Pacifico Minerals will raise A$4.6-million through a share placement to sophisticated and professional investors to fund drilling and a prefeasibility study at the Sorby Hills base metals project, in Western Australia.
The company will place 57…
Pacifico raises cash for feasibility studies Read More »
Coal miner New Hope Corporation on Monday followed through on its threats, dismissing 150 workers from its New Acland mine, in Queensland.
The company on Friday warned of the imminent redundancies in a bid to prompt the Queensland government into acti…
New Hope lays off 150 workers Read More »
Total mineral exploration expenditure across Australia increased by 5.2% to A$629.6-million in the June quarter compared with the previous quarter, new data from the Australian Bureau of Statistics (ABS) found.
More than A$2.3-billion was spent on min…
Australia’s exploration spend increased in June quarter Read More »
ASX- and TSX-listed Orocobre has appointed Hersen Porta as COO, responsible for overseeing operations at both the Olaroz lithium facility, in Argentina, and at Borax Argentina.
Porta has 28 years experience with Dow Chemicals, and since 2015 has been …
Orocobre finds COO Read More »
The construction of a 3 000 t/y magnesium plant in Victoria is expected start in December this year, following a positive prefeasibility study (PFS).
ASX-listed Latrobe Magnesium on Monday reported that the PFS estimated an initial capital cost of A$5…
Latrobe hopes for Dec start to plant construction Read More »
Junior Todd River Resources will raise A$2.9-million through a share placement and a one-for-three underwritten non-renounceable pro-rata entitlement offer to advance exploration at its Mt Hardy zinc/copper project, in the Northern Territory.
The comp…
Todd River raises exploration funds Read More »
Oil and gas major Santos ahs welcomed the announcement of permanent maritime boundaries between Australia and Timor-Leste.
Advisory firm Wood Mackenzie noted that the Maritime Boundary Treaty removed several hurdles for the Sunrise and Buffalo gas pro…
Aus/Timor-Leste boundaries positive for oil and gas majors Read More »
Coal miner Bathurst Resources has exercised its first tranche investment into the Crown Mountain coking coal project, in Canada.
Bathurst in 2018 struck a C$121.5-million agreement with project owner Jameson Resources to acquire a 50% interest in the …
Bathurst continues with Crown Mountain investment Read More »
ASX-listed Mineral Resources has completed the A$20-million purchase of the of the Parker Range iron-ore project, in Western Australia, from fellow-listed Cazaly Resources.
In addition to the A$20-million cash payment for the Parker Range project, Min…
Mineral Resource completes Parker Range buy Read More »
