The directors of takeover target Cardinal Resources have urged shareholders to accept the revised offer from Shandong Gold.
Shandong earlier this week increased its offer price for Cardinal from 70c a share to A$1 a share, outbidding shareholder Nordg…
Accept Shandong offer – Cardinal Read More »
Gold miner St Barbara has completed the A$61-million acquisition of Moose River Resources (MRRI), gaining full ownership of the Touquoy mine, in Nova Scotia.
The ASX-listed company in July announced its plans to acquire all of the shares in MRRI, whic…
St Barbara completes Moose River buy Read More »
A review of the mine plan for the Citronen zinc/lead project, in Greenland, has delivered an additional 90 000 t of zinc metal over the first six years of production.
ASX-listed Ironark Zinc on Monday told shareholders that the review had confirmed a …
Ironbark adds 90 000 t of zinc at Citronen Read More »
The board of ASX-listed Fenix Resources has green-lit the development of the Iron Ridge direct shipping ore (DSO) iron-ore project, in Western Australia.
A 2019 feasibility study estimated that the project would produce some 1.25-million tons a year o…
Iron Ridge development approved Read More »
Oil and gas producer Woodside has struck a binding sale and purchase agreement to acquire joint venture partner Capricorn Senegal’s entire participating interest in the Sangomar offshore and Sangomar deep offshore (RSSD) project, in Senegal.
The bind…
Woodside signs Sangomar deal Read More »
Advisory firm Wood Mackenzie (Woodmac) has estimated that the North West Shelf (NWS) liquefied natural gas (LNG) project, offshore Western Australia, would have nearly 40% of spare capacity by 2027.
Woodmac has estimated that the NWS project would ha…
NWS needs more input – Woodmac Read More »
The Queensland government has announced new mining reforms aimed at encouraging investment in the sector.
Mines Minister Dr Anthony Lynham on Monday said that under the Mineral and Energy Resources and Other Legislation Amendment Act 2020, the governm…
Qld’s mining amendments take effect Read More »
The Western Australian Environmental Protection Authority (EPA) has recommended the Waitsia Gas project Stage 2 for environmental approval, subject to strict conditions.
Producer AWE Perth, under Mitsui E&P Australia, is hoping to construct and op…
EPA approves Waitsia gas project Read More »
ASX-listed Australian Potash has been granted Environmental Protection Authority (EPA) approval for its Lake Wells potash project, in Western Australia.
“We are very pleased to advise shareholders of the EPA board’s recommendation to the Minister that…
Lake Wells gets EPA backing Read More »
Suitor Shandong Gold Mining has increased its takeover offer for ASX and TSX-listed Cardinal Resources from 70c a share to A$1 a share.
Shandong increased its offer after Cardinal shareholder Nordgold last week increased its own all-cash offer for Car…
Shandong ups Cardinal offer to A$1 a share Read More »
