The Queensland treasury has told bauxite miner Metro Mining that it would not exercise its veto rights for a A$47.5-million loan facility from the Northern Australia Infrastructure Fund (NAIF), paving the way for the facility to reach financial close.
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Qld backs NAIF loan for Metro Read More »
Gold miner Gold Road Resources has set an exploration budget of A$26-million for the 2020 financial year, with the miner saying on Tuesday that it’s the majority of this work would be geared towards discoveries on the Yamarna belt, in Western Australia…
Gold Road targets A$26m exploration spend Read More »
Junior Blackstone Minerals has inked a share purchase agreement with Korea’s largest nickel-rich cathode materials manufacturer EcoPro, which will result in a A$6.8-million investment into the ASX-listed company.
Under the purchase agreement, EcoPro w…
Blackstone signs share deal with EcoPro Read More »
Takeover target Stanmore Coal has again urged shareholders not to take any action in relation to a takeover offer from suitor Golden Investments, after its shareholding in the company increased from just over 31% to around 51%.
Golden Investment last…
Golden Investment’s stake in Stanmore jumps Read More »
ASX-listed Allegiance Coal has finalised a sale and marketing agreement with M Resources Trading over the coal produced at its New Elk mine, in Colorado.
The agreement provides for an exclusive global sales and marketing arrangement spanning five ye…
Marketing deal signed for New Elk coal Read More »
ASX-listed Northern Minerals has reported a 50% increase in the mineral resource estimate for the Dazzler rare earths deposit, at its Browns Range project, in Western Australia.
The deposit is now estimated to host 214 000 t of ore, grading 2.33% tota…
Dazzler resource increases by 50% Read More »
An updated prefeasibility study (PFS) into the Townsville Energy Chemicals Hub (Tech) project, in Queensland, has confirmed its potential to deliver excellent economic results while remaining financially robust in a downward price cycle.
Owner Pure Mi…
Pure’s Tech hub proves economical Read More »
Oil and gas major Oil Search is hoping to raise some A$1.1-billion to assist the company in retaining liquidity during the low oil-price environment.
The equity raising will consist of an underwritten institutional placement to raise an initial A$76…
Oil Search looks to raise A$1.1bn Read More »
Gold miner Newcrest Mining has established a A$20-million community support fund to assist host communities during the Covid-19 pandemic.
The miner on Tuesday said that a portion of the fund would go towards vaccine research, while around half of the …
Newcrest establishes Covid-19 fund Read More »
An employee at gold miner Northern Star Resources’ Pogo mine, in Alaska, has tested positive for Covid-19 while at home on rostered leave.
The miner said that the employee, who lives in Fairbanks, tested positive for the virus four days after complet…
Pogo employee tested positve for Covid-19 Read More »
