Coal miner Whitehaven Coal will spend $72-milion to acquire an additional 7.5% interest in the Narrabri mine, in New South Wales, taking its ownership to 77.5%.
Whitehaven on Friday said that an initial $17-million will be payable on the completion of…
Whitehaven invests $72m in bigger stake at Narrabri Read More »
Dual-listed lithium miner Orocobre has finalised a $180-million finance facility for the Stage 2 expansion of its Olaroz lithium facility, in Argentina.
The debt facility, with a nine-and-a-half year maturity date and an interest rate of less than 4% …
Orocobre finds funding for Stage 2 expansion Read More »
The Western Australian government has opened applications for Round 20 of its Exploration Incentive Scheme (EIS) co-funded exploration drilling programme.
The programme provides A$5-million a year to encourage greenfields exploration in under-explored…
WA launches another round of co-funded drilling Read More »
India has been tipped as Australia’s greatest new thermal export market, with the potential to create at least 4 000 new direct jobs in regional Queensland.
A new report by the Office of the Chief Economist, titled Coal in India 2019, notes that Indi…
Australia targets Indian coal market Read More »
Gold miner Gold Fields has sold more than 87.11-million of its shares in joint venture (JV) partner Gold Road Resources for A$126.3-million.
Gold Fields has told Gold Road that the share sale, which was conducted through an underwritten book build pro…
Gold Fields sells its stake in JV partner Read More »
ASX-listed Wesfarmers has abandoned it’s A$1.5-billion takeover of rare earths miner Lynas, after failing to engage Lynas in talks.
Wesfarmers in March announced its conditional, non-binding indicative proposal for Lynas, under which shareholders were…
Wesfarmers shuts the book on Lynas deal Read More »
ASX-listed Havilah Resources has turned to the Takeovers Panel seeking orders that former director and company co-founder Dr Bob Johnson be barred from voting at a shareholder meeting to decide a A$100-million placement to Sanjeev Gupta’s GFG Alliance,…
Havilah facing shareholder difficulty Read More »
The Queensland government has launched a A$5-million study into a hydrogen plant at the government-owned Stanwell power station.
Resources and Energy Minister Dr Anthony Lynham told Parliament on Thursday that the 12-month study would assess the tech…
Qld launches study for hydrogen plant Read More »
A lithium hydroxide prefeasibility study (PFS) into the San José lithium project, in Spain, has estimated that it could generate some $6-billion in revenues.
The PFS estimated that a 19-year mining operation could support a 30-year lithium hydroxide …
San José ticks the PFS boxes for Infinity Read More »
Junior iron-ore developer Venture Minerals has taken a decision to restart mining at the Riley iron-ore project, in Tasmania, following a positive prefeasibility study (PFS).
The PFS estimated that the Riley project would require a capital spend of A$…
Venture pushes the button at Riley Read More »
