Graphite developer Black Rock Mining has been granted two contiguous mining licences for the development of its Mahenge project, in Tanzania.
“This milestone is a significant step in delivering the Mahenge graphite mine. Licensing gives all stakeholde…
Black Rock gets mining licence at Mahenge Read More »
Lithium miner Altura Mining was making strides towards declaring commercial production at its namesake project in Western Australia, with daily output achieving nameplate capacity on multiple occasions.
Altura on Tuesday reported the Stage 1 operatio…
Altura heading towards commercial production Read More »
The resources sector has welcomed the results of an independent review into work health and safety (WHS) legislation, which found that the laws are operating as intended, but has raised concerns with some of the recommendations made.
The review, condu…
MCA welcomes workplace health and safety review Read More »
Record production has seen coal miner Yancoal nearly double its revenue and earnings before interest, tax, depreciation and amortisation (Ebitda) for the year ended December, compared with the previous corresponding period.
Revenue from operations in…
Yancoal posts big profit jump in ‘extraordinary’ year of growth Read More »
Mineral sands miner Base Resources has reported a solid first half, with revenue up by 13% and net profit after tax up 4%.
Base reported revenue of $102.2-million for the six months ended December, while net profit increased to $17.4-million. Earnings…
Base revenue rises by 13% Read More »
Dual-listed gold miner Perseus Mining has more than doubled its profit in the six months to December, while revenue jumped 69% in the same period.
Perseus on Monday reported half-year revenue of $281.6-million, compared with $166-million in the previo…
Gold continues to shine for Perseus Read More »
Base metals miner MMG on Monday warned that it will delay some shipments from its Las Bambas copper mine, in Peru, as outbound concentrate transport from the operation has been disrupted by community blockades.
The illegal blockade occurs on a stretc…
MMG warns of shipment disruptions in Peru Read More »
Base metals miner MMG on Monday warned that it would delay some shipments from its Las Bambas copper mine, in Peru, owing to a community blockade.
The illegal blockade occurs on a stretch of public national roads, the ASX-listed company told sharehold…
MMG warns of shipment disruptions in Peru Read More »
Gold developer Millennium Minerals is hoping to raise A$15-million through a fully-underwritten rights issue to fast-track the development of its Nullagine project, in Western Australia.
The 1-for-8.8 renounceable rights issue will be priced at 16.5c …
Millennium raises cash for second mine Read More »
Gold miner Evolution Mining has gained a 19.9% interest in fellow-listed Tribune Resources for a A$41.3-million investment.
The company on Monday said that it has acquired more than 11.05-million shares in Tribune, which holds a 36.75% interest in th…
Evolution takes 19.9% stake in Tribune Read More »
