ASX-listed Vital Minerals is targeting a 2021 start for its Nechalacho rare earths project, in Canada.
An independent study on the construction and operation of the Nechalacho project found that the ore sorting plant would require a capital investmen…
Vital eyes 2021 start for Canadian mine Read More »
Junior Rumble Resources has increased the landholding at its Western Queen gold project, in Western Australia, by 500% after securing two strategic tenement applications.
Rumble told shareholders that the newly secured tenement applications contain t…
Rumble increases WA landholding Read More »
Strategic metals developer Cobalt Blue has reported a near A$70-million capital cost savings for its Broken Hill cobalt project, in South Australia, while the production target for the project has been increased by some 67%.
Cobalt Blue on Thursday no…
Cobalt Blue improves Broken Hill economics Read More »
ASX-listed Genesis Minerals has successfully completed its one-for-six fully underwritten non-renounceable rights issue, raising A$9.5-million before cost.
The rights issue formed part of a greater A$19.5-million capital raise to fund the acquisition …
Genesis completes capital raise Read More »
The Queensland resources sector has increased its local spending by 16% over the last 12 months, new data by the Queensland Resources Council (QRC) has shown.
“Expenditure from the resources sector with Queensland suppliers jumped from A$19.3-billion …
Qld miners increase local spend Read More »
Junior explorer Marmota has raised A$6.5-million through a share placement priced at 5.3c each, to accelerate development of the Aurora Tank gold discovery, in South Australia.
The placement will consist of more than 122.6-million shares, with one att…
Marmota raises cash for South Australian exploration Read More »
ASX-listed PNX Metals has inked a non-binding term sheet with Halifax Capital and its subsidiary Bridge Creek Mining (BCM), which could spur the development of the Fountain Head gold project, in the Northern Territory.
Under the terms of the agreemen…
PNX flags infrastructure solution in the NT Read More »
Gold explorer Black Cat Syndicate will raise A$10-million through a share placement to professional and sophisticated investors.
The placement will be priced at 82c a share, which represents a 7.3% discount to Black Cat’s closing price on July 10.
Black Cat set to raise A$10m Read More »
ASX-listed Real Energy has struck a merger agreement with joint venture (JV) partner Strata-X Energy to create a new entity called Pure Energy Corporation with gas resources in the Surat and Cooper basins, in Queensland, and in the Republic of Botswana…
Real Energy and Strata-X to merge Read More »
Rare earths miner Lynas Corporation has marked the first step of the construction of its rare earths processing plant in Kalgoorlie with the award of a $15-million contract with Metso Outotec to supply the plant’s kiln.
The 110 m-long, 1 500 t kiln is…
Lynas starts work on Kalgoorlie plant Read More »
