Iron-ore miner Fortescue Metals has approved the development of the $2.6-billion Iron Bridge magnetite project, in Western Australia.
The ASX-listed miner said on Tuesday that the project is expected to produce 22-million tonnes a year once in full o…
Fortescue green-lights Iron Bridge Read More »
ASX-listed Navarre Minerals will raise A$6-million through a share placement to fund exploration programmes at its Victorian gold projects.
The junior company on Monday said that it would place some 80-million fully paid shares, at a price of 7.5c eac…
Navarre raises A$6m for Victorian exploration Read More »
Diversified miner South32 has struck an earn-in agreement with ASX-listed junior Inca Minerals over its Riqueza copper/zinc, in Peru, finalising a deal more than a year in the making.
South32 could earn an initial 60% interest in the Riqueza project b…
South32 to spend $9m on Peruvian base metals Read More »
Junior Southern Gold has put up a for sale sign on its Western Australian gold assets, including the Cannon gold mine.
The decision to find buyers for its Western Australian gold assets comes on the back of a company-wide strategic review, which concl…
Southern Gold seeks buyers for WA assets, as its focus shifts to South Korea Read More »
ASX-listed Kibaran Resources has mandated Germany’s KfW IPEX-Bank to provide debt funding to develop the Epanko graphite project, in Tanzania.
KfW IPEX-Bank and Kibaran will now proceed with a lender credit review process and prepare an application fo…
Kibaran hunting for German funding Read More »
The federal government has reinforced that the Woomera Prohibited Area (WPA), in South Australia, would remain open for mineral exploration and development activities. Resources Minister Matt Canavan noted on Monday that while defence requirements wou…
Woomera Prohibited Area remains open for exploration – Canavan Read More »
Gold miner Evolution Mining has struck an earn-in joint venture agreement with fellow-listed Enterprise Metals over the Murchison exploration project, in Western Australia.
Under the terms of the agreement, Evolution could earn an 80% stake in the pro…
Evolution signs up for Murchison exploration Read More »
The share price of gold miner Gascoyne Resources on Monday fell by some 48% after it launched an initial A$3.8-million capital raise.
The company told shareholders that it had received firm commitments to place some 77.3-million shares to eligible ins…
Gascoyne stock falls on discounted capital raising Read More »
Diversified miner Rio Tinto on Monday warned that iron-ore production in 2019 was likely to be some 14-million tonnes below previous estimates.
The miner noted that while its iron-ore projects in Western Australia were progressively resuming operation…
Cyclone hits Rio Tinto’s iron-ore guidance Read More »
Lithium developer Argosy Minerals has inked a sales agreement with Japan’s Mitsubishi Corporation for up to an initial 100 t of lithium carbonate over a 12-month period from the Rincon operation, in Argentina.
Argosy told shareholders this week that …
Argosy signs offtake over Rincon Read More »
