The Australian resources sector has welcomed the Productivity Commission’s Trade and Assistance Review for 2017/18, saying it exploded the myth that the resources industry was subsidised.
The Productivity Commission estimates that the effective rate o…
Explorer Oklo Resources has exercised its option to acquire a 65% interest in the Sari gold project, in Mali. Under the terms of a 2018 agreement, Oklo has now exercised its rights by paying €15 245. The company could increase its shareholding in the p…
Oklo exercises Sari option Read More »
Junior Australian Mines is hoping to raise A$5-million through a share purchase plan (SPP) to advance its Sconi cobalt/nickel/scandium project, in Queensland.
Under the SPP eligible shareholders would be able to subscribe for up to A$15 000 of additio…
Australian Mines plans SPP for Sconi Read More »
ASX-listed Westgold Resources has completed the sale of its Higginsville gold operation, in Western Australia, to TSX-listed RNC Minerals.
Westgold sold the Higgensville operation for some A$50-million, with the company receiving 50% of the considerat…
Westgold completes Higginsville sale to RNC Read More »
ASX-listed AVZ Minerals has inked a strategic relationship agreement with China’s Huayou Cobalt Group to complete a definitive feasibility study on the Manono lithium and tin project, in the Democratic Republic of Congo.
AVZ said on Wednesday that Hua…
AVZ strikes strategic relationship deal with Huayou Read More »
Rare earths developer Northern Minerals has completed the institutional component of its previously announced A$22-million capital raise. The company on Wednesday said that it had raised an initial A$2.6-million through the institutional component of i…
Northern Minerals completes institutional raise Read More »
Two automation courses have been launched at the South Metropolitan TAFE, in Western Australia, marking a first nationally-recognised qualifications in autonomous operations.
The new certificate courses were developed on the back of A$2-million in fu…
Australia’s first automation courses launched Read More »
ASX-listed Cazaly Resources has agreed to divest of its Parker Range iron-ore project, in Western Australia, for A$13-million plus royalties.
The agreement with privately held diversified company Gold Valley Iron allows for an initial three-month due …
Cazaly strikes sales agreement for Parker Range Read More »
Uranium junior Deep Yellow has raised A$9-million through a share placement, which will be used to fund the company’s growth strategy.
The company issued more than 29-million shares, at a price of 31c each, under its placement capacity.
Deep Yellow raises cash for uranium strategy Read More »
ASX-listed TNG will raise A$15-million to advance its Mt Peake vanadium/titanium/iron project, in the Northern Territory.
The company on Tuesday said that it had secured a A$10-million investment from Germany’s DELPHI and Sparta, through a share plac…
TNG raises A$15m for Mt Peake Read More »
