The Victorian government has come under fire for plans to introduce a 2.75% royalty on gold miners, with the resources sector saying it would threaten hundreds of jobs in regional communities.
A similar royalty already applies on all other minerals mi…
‘Disastrous’ Victoria gold tax rejected Read More »
The Australian resources sector has welcomed the re-appointment of Matt Canavan as Minister for Resources and the re-elected government’s focus on creating jobs, responsible economic management and Budget surpluses.
A Coalition government, led by the …
Canavan reappointed; MCA welcomes leadership continuity Read More »
Mineral sands miner Strandline Resources will raise A$5.5-million for project works in Western Australia and Tanzania.
The company will issue 46-million shares, priced at 12c each, to institutional and sophisticated investors, with shareholder Tembo C…
Strandline raises cash for mineral sands work Read More »
An independent study into the re-start of the Eureka gold project, in Western Australia, has proven that it could be a viable cash flow opportunity for owner Tyranna Resources.
The restart study estimated that some 2 000 oz of gold could be recovered …
Tyranna has Eureka moment in WA Read More »
The Northern Territory government on Friday released no-go zone boundaries that will remain free from hydraulic fracturing exploration or production.
As part of recommendations from the Scientific Inquiry into Hydraulic Fracturing in the Northern Terr…
NT sets fracking borders Read More »
Gold miner Millennium Minerals has reached an in-principle agreement with shareholder IMC Group for a A$20-million mezzanine debt facility to provide working capital as delays at the Bartons underground and the sulphide plant at Nullagine, in Western A…
Bartons delays hits Millennium balance sheet, production forecast Read More »
Metals developer Myanmar Metals will raise A$20.8-million through a share placement to institutional investors.
The ASX-listed company on Friday reported that had received firm commitments for the placement of more than 319.9-million shares, at a pric…
Myanmar raises A$20m Read More »
Nickel hopeful Mincor Resources will raise A$23-million through a share placement and share purchase plan (SPP) to fast track its plans to restart nickel sulphide mining in the Kambalda district, in Western Australia.
Mincor earlier this week struck …
Mincor raises cash for nickel restart Read More »
Queensland Premier Annastacia Palaszczuk on Friday said that Indian major Adani’s two outstanding management plans for its multi-billion dollar Carmichael project should be resolved by June 13.
The deadline comes after the Premier earlier this week c…
Palaszczuk gives June 13 deadline for Adani approvals Read More »
ASX-listed Ora Banda Mining, previously known as Eastern Goldfields, will raise A$30-million as part of efforts to recapitalize the company.
Eastern Goldfields went into administration in 2018 after a A$75-million recapitalization transaction fell thr…
Ora’s recapitalisation plans progress apace Read More »
