Gold miner Kingsrose Mining has warned of an interruption to production at its Way Linggo mine, in Indonesia, after remediation works were unable to rectify the cause of a wall slippage last week.
The miner on Friday said that a fault that had recentl…
Kingsrose warns of output delays Read More »
ASX-listed Bass Metals will raise up to A$4-million through a tranched issue of convertible notes, allowing Bass to continue exploration to underpin its planned large-scale graphite mining and processing operations. An initial tranche of A$1.41-million…
Bass issues convertible notes Read More »
China’s Jinan Hi-Tech is set to invest A$19.5-million into ASX-listed Triton Minerals through a share placement and the acquisition of shareholder Shandong Tianye Mining’s 19.3% stake in the company. Subject to shareholder approval, Jinan would subscri…
Triton welcomes new cornerstone investor Read More »
Gold miner OceanaGold has rubbished reports that production at the Didipio mine, in the Philippines, has been halted.
The denial followed reports from an environmental organisation that claimed the provincial government of Nueva Vizcaya had ordered a …
Didipio still going – OceanaGold Read More »
ASX-listed Jervois Mining has raised A$16.5-million through an over-subscribed share placement.
The company earlier this week launched the equity raise targeting proceeds of A$15-million, offering shares at an 8% premium to the underlying market pri…
Jervois raises A$16.5m Read More »
Takeover target Alto Metals has advised shareholders not to take any action after suitor Middle Island increased its takeover offering overnight.
Middle Island has increased its scrip offer for Alto from five Middle Island shares held for every one A…
Middle Island sweetens offer for Alto Read More »
ASX-listed Oil Search will spend $450-million to double its interest in the Pikka Unit Nanushuk oil field, in Alaska.
Oil Search in February last year completed a $400-million acquisition of a 25.5% interest in the Pika Unit and adjacent exploration a…
Australia’s Oil Search ups stake in Alaska field Read More »
Mining major BHP has reached a A$250-million settlement with the Western Australian government in a royalty dispute.
The state government earlier this year said that it would seek royalty payments of up to A$300-million from BHP, which the state belie…
BHP ends WA royalty dispute in A$250m settlement Read More »
The share price of ASX-listed Argosy Minerals increased by more than 5% at the close of business on Thursday after the company announced the start of lithium pilot plant operations at its Rincon lithium project, in Argentina.
Argosy has started contin…
Argosy starts pilot work in Argentina Read More »
Suitor Ansteel has told ASX-listed Gindalbie Metals that it would not be increasing its offer for the company.
Gindalbie in March announced a 2.6c a share takeover offer from Ansteel, which already holds a major interest in the company.
Ansteel won’t alter Gindalbie offer Read More »
