Mineral sands miner Iluka has reported an 8.8% increase in net profits after tax for the half year ended June, compared with the previous corresponding period, on the back of higher sales prices and increased royalty revenues.
Net profit after tax for…
Iluka’s profit soars as prices rise Read More »
ASX-listed Australian Vanadium has launched an underwritten share purchase plan (SPP) to raise a minimum of A$3.5-million to advance the development of its Australian Vanadium project, in Western Australia.
Eligible shareholders will be given the oppo…
Australian Vanadium launches SPP Read More »
A mining study for the Fortitude Stage 2 gold mine, in Western Australia, has estimated that some 54 400 oz of gold could be recovered over a 22-month period.
Junior gold miner Matsa Resources has reported that a capital investment of A$6.6-million wo…
Matsa reveals Fortitude Stage 2 metrics Read More »
Gold and base metals explorer Prodigy Gold will raise A$12-million through a fully underwritten institutional share placement to fund drilling activities.
The ASX-listed junior will place 100-million shares, at a price of 12c each to institutional inv…
Prodigy raises A$12m Read More »
ASX-listed Mineral Resources has struck a A$20-million deal to acquire the Parker Range iron-ore project from fellow listed Cazaly Resources, in the Yilgarn region of Western Australia.
The Parker Range project has a current reserve of 31.4-million to…
Mineral Resources makes play for Parker Range Read More »
The Queensland Resources Council (QRC) has called on the industry not to give in to intimidation from activists, after engineering firm Aurecon ended its two-decade business relationship with Indian major Adani.
A spokesperson for Adani on Wednesday s…
Adani loses engineering firm Read More »
Alita Resources Ltd said on Tuesday that its shipment of lithium concentrate to a China-based chemicals maker was below a previously set floor price amid higher lithium supply.
Alita, which is also listed in Singapore, said it was in discussions with …
Australia’s Alita Resources takes price cut on shipment amid tough lithium market Read More »
ASX-listed Alliance Resources have urged shareholders not to respond to a takeover offer from Gandel Metals, until the company has had time to assess the offer.
Gendal earlier this week launched a A$0.14 a share takeover offer for Alliance, valuing th…
Alliance gets an offer from Gandel Read More »
The Northern Territory government has approved amendments to the existing management plan for diversified major Glencore’s McArthur River base metals mine, allowing recommendations made by the Environment Protection Authority (EPA) to be implemented.
…
Glencore’s McArthur River plans approved Read More »
Nickel miner Western Areas has reported an increase in net profits after tax and revenue for the year ended June, compared with the previous corresponding period, as sales volumes increased.
Western Areas on Tuesday reported that net profits after tax…
Western Areas sees revenue rise Read More »
