Australian gold miner Evolution Mining has reported record operating cash flows, net mine cash flows and free cash flows for the quarter ended June, on the back of higher gold production and higher gold prices.
Gold production for the quarter ended Ju…
Evolution’s cash flows reach record high Read More »
Gold major Newcrest Mining has hit its full year production target, with the company reporting a 7% increase in production in the June quarter, compared with the previous period.
Gold production in the full year reached 2.17-million ounces, which was …
Newcrest hits production targets Read More »
Hong Kong-based Shandong Gold Mining has increased its takeover offer for ASX- and TSX-listed Cardinal Resources to 70c a share.
Cardinal in June this year recommended that shareholders accept a 60c-a-share takeover offer from Shandong Gold Mining, bu…
Shandong increases Cardinal offer Read More »
Rare earths miner Lynas saw production in the June quarter nearly halve compared with the previous quarter, as operations were halted amid the Covid-19 pandemic.
Neodymium-praseodymium (NdPr) production for the June quarter reached 775 t, compared wit…
Lynas nearly halves production in June quarter Read More »
ASX-listed Downer has successfully completed the institutional component of its 1-for-5.58 accelerated pro-rata non-renounceable entitlement offer, raising A$339-million.
The institutional entitlement offer, which was priced at A$3.75 a share, was st…
Downer raises cash as it weighs mining divestment Read More »
The Northern Territory government has granted the mineral leases for the Nolans neodymium-praseodymium (NdPr), ASX-listed Arafura Resources reported on Wednesday.
The mineral leases, which will host the Nolans mine, process plant, waste storage facil…
Nolans granted mineral lease Read More »
The Eritrean Ministry of Energy and Mines (MoEM) has accepted the Notice of Commencement of Mine development for the Colluli potash project.
ASX- and LSE-listed Danakali on Wednesday noted that the MoEM has also shown support for the financing of the…
Colluli gets Ministerial backing Read More »
Mining has started at the Productora copper project, in Chile, some four months ahead of schedule, ASX-listed Hot Chili reported.
The company told shareholders that the recent increases in copper and gold prices has resulted in the push for earlier p…
Mining starts at Productora Read More »
Copper/gold miner Oz Minerals has increased its full year production expectations following a strong second quarter, prompting the miner to reinvest some of its deferred capital expenditure.
The miner on Wednesday increased its copper production targe…
Oz Minerals ups targets, resumes spending Read More »
ASX-listed Oil Search has reported a 4% increase in production during the six months ended June, compared with the previous corresponding period, while sales for the interim period was up 2%.
Total production in the six months under review reached 14…
Oil Search revenues fall Read More »
