ASX-listed Venture Minerals has struck an offtake agreement with Singapore’s Prosperity Steel United Singapore over its Riley iron-ore mine, in Tasmania.
Under the terms of a binding term sheet, Prosperity has agreed to purchase all of the product pro…
Venture a step closer to Riley restart Read More »
Copper producer Tiger Resources has secured $13.2-million in funding from senior lender Taurus Mining Finance Fund.
Tiger said on Wednesday that the new finance facility will provide interim funding support for its ongoing operations in the Democratic…
Tiger scratches at funding Read More »
South Australian metals developer Havilah Resources has secured up to A$100-million in funding from Sanjeev Gupta’s GFG Alliance, through one of its members SIMEC Mining.
The funding will be provided through a series of equity placements in Havilah, …
GFG to invest heavily in Havilah Read More »
ASX-listed Senex Energy has inked another offtake agreement at its Project Atlas development, in Queensland.
Under an initial two-year agreement signed with packaging manufacturer Orora, Senex will supply 1.1 PJ of natural gas, starting in January 202…
Senex secures more offtake at Project Atlas Read More »
Gold miner Blackham Resources has announced the ousting of its founding MD and CEO Bryan Dixon just a day after downgrading its production expectations for the 2019 financial year.
Blackham told shareholders on Wednesday that Dixon and the company’s b…
Blackham’s founding MD exits Read More »
Mineral sands miner Base Resources has reported a mineral resource estimate of 171-million tonnes, grading an average of 1.5% heavy minera,s for 2.6-million tonnes of heavy minerals at the Kwale North Dune, at its Kwale operations, in Kenya.
Mining a…
North Dune offers mine extension for Base Read More »
Iron-ore major Fortescue Metals has awarded a A$10-million electrical, communications and dry fire system contract to ASX-listed WestStar for its Eliwana mine, in the Pilbara.
The scope of work will see WestStar subsidiary Simpec design, supply, const…
Fortescue hands out Eliwana contract Read More »
ASX-listed Metals X on Wednesday revealed the reset plan for its Nifty copper mine, in Western Australia, where it is targeting a production rate of around 28 000 t/y from the Phase 1 plan, by the March 2020 quarter.
Metals X told shareholders that t…
Nifty reset plan priced at A$162m Read More »
ASX-listed Mineral Resources on Wednesday has increased its earnings before interest, tax, depreciation and amortization (Ebitda) of between A$360-million and A$390-million, for the 2019 financial year.
This was up from the previous guidance of betwee…
Mineral Resources warns of Ebitda fall Read More »
The Queensland government has approved plans by coal miner Yancoal to expand its Cameby Downs mine, increasing production and expanding the mine life.
Mines Minister Dr Anthony Lynham noted that Cameby Downs has been producing thermal coal for export …
Cameby Downs expansion plans approved Read More »
