Triple-listed diversified miner South32 has suspended the remaining $121-million of its current on-market share buy-back programme and has lowered its sustaining capital expenditure (capex) guidance for the 2020 financial year to $500-million as the mi…
South32 cuts costs, reports solid quarter Read More »
Junior Capricorn Metals has reported a 35% increase to the ore reserve at its Karlawinda gold project, in Western Australia.
The project’s ore reserve has now increased from 892 000 oz to more than 1.2-million ounces, while the mineral resource has in…
Karlawinda reserves increase Read More »
New data from energy advisory firm EnergyQuest has revealed that the value of Australian liquefied natural gas (LNG) exports could fall by as much as A$20-billion over the next year. In its March research report, EnergyQuest CEO Dr Graham Bethune noted…
LNG revenues poised to fall – EnergyQuest Read More »
ASX-listed Peninsula Energy has been granted final approval from the Wyoming Department of Environmental Quality to use low pH recovery method within the Ross permit area, at its Lance uranium project.
Peninsula on Friday said that switching from an a…
Lance cleared for low pH extraction Read More »
An enhanced definitive feasibility study (DFS) into the Fort Cady borate mine, in Southern California, has established an increased production capacity, ASX-listed American Pacific Borates (ABR) said on Friday.
The initial DFS, completed in late 2018,…
Enlarged Fort Cady a winner for ABR Read More »
Energy major Shell has taken a final investment decision to develop the first phase of integrated coal seam gas (CSG) company Arrow Energy’s A$10-billion Surat gas project, in Queensland.
The company said on Friday that the decision would bring up to …
A$10bn Surat gas project gets greenlit Read More »
Energy major Shell has taken a final investment decision to develop the first phase of integrated coal seam gas (CSG) company Arrow Energy’s A$10-billion Surat gas project, in Queensland.
The company said on Friday that the decision would bring up to …
A$10bn Surat gas project gets green light Read More »
Potash developer Salt Lake Potash has received binding commitments to raise A$20-million through a share placement to new and existing institutional investors.
The company on Friday announced that it would issue 58.8-million shares at a price of 34c e…
Salt Lake to raise A$20m for Lake Way Read More »
Diversified major Rio Tinto on Friday announced that it will cut its capital expenditure by some $2-billion in the wake of the Covid-19 pandemic, while also lowering its copper production guidance for the full year.
The miner told shareholders that ca…
Rio cuts capex and copper expectations Read More »
Copper/gold miner Sandfire Resources has reported a solid quarter of production during the three months to March, but has withdrawn its full year production guidance amid the Covid-19 pandemic.
The miner on Friday reported that copper production for t…
Sandfire posts solid March quarter Read More »
