ASX-listed Matsa Resources has inked an ore purchase agreement with gold miner AngloGold Ashanti for the ore produced from the Red October gold mine, in Western Australia.
Ore from the Red October mine will be proceed at AngloGold Ashanti’s 3.8-millio…
Matsa signs ore deal with AngloGold Ashanti Read More »
Rare earths miner Lynas has signed a memorandum of understanding (MoU) with US-based Blue Line to develop rare earth separation capacity in the US. Under an MoU, the two companies would exclusively work together on the proposed development of a rare ea…
Lynas plans rare earth plant in Texas Read More »
The Australian resources sector has welcomed the results from the May 18 federal election, which was won by a Liberal-led Coalition with Scott Morrison at the helm. “The Coalition government’s strategic economic reform agenda to keep taxes low, in conj…
Miners welcome Australia election results as Morrison takes victory Read More »
An optimisation of the prefeasibility study (PFS) for the Mardie salt and potash project, in Western Australia, has improved the project economics, with a definitive feasibility study (DFS) now targeted for late 2019.
ASX-listed BCI Minerals on Friday…
New numbers impart shine to BCI’s Mardie SoP and salt project Read More »
A scoping study by ASX-listed Hexagon Resources has determined that the preferred location for a stand-alone graphite purification and processing plant (GPPP) to be Washington State, in the US.
The scoping study considered sites in both the US and in …
Hexagon taps US as preferred location for graphite plant Read More »
Junior AuStar Gold has paused its takeover plans for embattled Centennial Mining, following discussions with that company’s administrators.
AuStar in May revealed its intentions to make a takeover offer for Centennial, which holds the A1 gold mine, a…
AuStar rethinking Centennial plans Read More »
ASX-listed Metminco has signed a binding bid implementation agreement with Colombia-focused Andes Resources to enact a merger agreement reached in March this year.
Under the terms of the off-market agreement Metminco would issue 25 of its own shares f…
Metminco enacts Andes merger Read More »
ASX-listed gold miner St Barbara has completed A$355-million institutional entitlement offer to partly fund the acquisition of Canada’s Atlantic Gold Corporation.
The 1-for-3.1 pro rata accelerated non-renounceable entitlement offer, which was priced…
St Barbara completes A$355m raising for Atlantic Gold buy Read More »
Gold miner Pantoro has completed a A$43-million fully underwritten share placement to partially fund the acquisition and joint venture of the Central Norseman gold project, in Western Australia.
Pantoro placed more than 215.18-million shares, at 20c e…
Pantoro raises A$43m to fund Norseman deal Read More »
ASX-listed Venture Minerals is looking to restart iron-ore production at its Riley direct shipping ore (DSO) project, in Tasmania, by the fourth quarter of this year.
Venture on Thursday reported the launch of an updated mining study to allow for a de…
Riley restart planned for year-end Read More »
