ASX-listed Legend Mining will raise A$20-million through a share placement to existing major shareholders, and institutional and sophisticated investors, to fund exploration activities at its Rockford project, in the Fraser Range. Legend on Thursday sa…
Legend raises exploration funds Read More »
Gold miner Evolution Mining has struck a A$125-million deal to sell its Cracow gold mine, in Queensland, to fellow-listed Aeris Resources.
The consideration would consist of a A$60-million cash payment on the completion of the transaction, a further A…
Evolution sells Cracow for A$125m Read More »
The Australian Petroleum Production and Exploration Association (Appea) is lamenting the passing of the Coal Seam Gas (CSG) Moratorium Bill through the New South Wales Legislative Assembly late on Wednesday.
Appea CEO Andrew McConville said on Thursda…
Narrabri under threat from new legislation Read More »
The Australian government on Wednesday said that the formal inking of the US/Australia Strategic Petroleum Reserve Lease Agreement was part of the government’s actions to shore up fuel security in Australia and to enhance its ability to withstand globa…
Aus/US ink petroleum agreement Read More »
Mining personality Clive Palmer was left jubilant on Wednesday after the Queensland Supreme Court dismissed claims of A$124-million against the billionaire.
The judgment by Justice Debra Mullins followed a civil trial into the 2016 collapse of Queensl…
Palmer cleared of A$124m claim Read More »
Australia’s Minister for Resources, Water and Northern Australia, Keith Pitt, has reached out to his counterparts in Japan and Korea to discuss potential collaboration between the countries to assist economic recovery from the Covid-19 pandemic.
Pitt…
Minster punting Aus resource to Asian buyers Read More »
Australia’s Minister for Resources, Water and Northern Australia, Keith Pitt, has reached out to his counterparts in Japan and Korea to discuss potential collaboration between the countries to assist economic recovery from the Covid-19 pandemic.
Pitt…
Minster punting Australian resources to Asian buyers Read More »
Freight operator Aurizon has executed a A$1.3-billion debt refinancing, securing an additional A$420-million in funding compared with its existing facilities.
Aurizon said on Wednesday that as part of the new debt facilities, the existing syndicated …
Aurizon refinances debt Read More »
Diamond miner Lucapa has raised A$5.25-million through its non-renounceable pro-rata rights issue to bankroll its search for the primary kimberlite source of the high value alluvial diamonds recovered at its Lulo project, in Angola.
The company in Apr…
Lucapa closes rights issue Read More »
Gold miner Perseus Mining has made a A$59.8-million takeover offer for ASX-listed Exore Resources.
Exore holds some 2 000 km2 of tenements in northern Cote d’Ivoire, near Perseus’ Sissingue gold mine, with the junior company holding an 80% joint ventu…
Perseus makes a A$60m play for Exore Read More »
