Gold miner Resolute Mining has taken a 94% stake in takeover target Toro Gold, days after launching a $305-million bid for the privately held company.
Under the terms of an implementation agreement, Resolute would acquire all of the shares of Toro Go…
Resolute takes control of Toro Read More »
The Minerals Council of Australia (MCA) has welcomed the announcement of a 12-month review aimed at streamlining the resources sector regulation.
Federal Resources Minister Matt Canavan on Monday announced that the Productivity Commisison would conduc…
Government lauches red-tape review for miners Read More »
The Minerals Council of Australia has welcomed the announcement of a 12-month review aimed at streamlining resources sector regulation. Federal Resources Minister Matt Canavan on Monday announced that the Productivity Commission would conduct the year-…
Australian government launches red-tape review for miners Read More »
Canadian gold major Barrick Gold has called for a partnership approach at its Porgera gold mine, in Papua New Guinea (PNG), after a meeting with newly elected Prime Minister James Marape.
Barrick president and CEO Mark Bristow on Friday concluded his …
Barrick calls for partnership in PNG Read More »
Mining major Rio Tinto has awarded engineering company Monadelphous Group a construction contract valued at more than A$100-million at its West Angelas Deposit C and D project, in the Pilbara. The contract will include the supply and installation of st…
Rio awards construction contract at West Angelas Read More »
Gold producer Alkane Resources will claim a stake in fellow-listed Genesis Minerals, investing up to A$6-million.
The investment by Alkane formed part of a larger capital raise by Genesis, under which the company was aiming to raise some A$7.5-million…
Alkane to take 15% stake in Genesis Read More »
Base metals developer Galena Mining has received a A$10-million cash investment from international smelting company Toho Zinc as part of it’s greater A$90-million investment.
Galena in January this year struck an agreement with Toho which would see th…
Galena receives another A$10m from Toho Read More »
ASX-listed Gulf Manganese will acquire a 20% interest in privately-held Iron Fortune, an exploration company focused on Timor-Leste.
Under the terms of the agreement, Gulf would pay an initial A$100 000 for exclusivity, while conducting a due diligen…
Gulf makes a move into Timor-Leste Read More »
ASX-listed Liontown Resources has launched an A$18-million capital raise to fast track the exploration and development of its lithium projects in Australia.
The company will undertake a share placement, priced at 12c a share, to institutional and prof…
Liontown raises A$18m for lithium exploration Read More »
Dual-listed Orion Minerals has welcomed a new black economic empowerment (BEE) member to its BEE partner company Prieska Resources.
Safika Resources has now taken a 44.72% stake in Prieska Resources, with Black Star Minerals holding a 17.31% interest …
Orion welcomes new BEE partner Read More »
