ASX-listed Nova Minerals has secured up to A$6-million in funding from investor Collins St Asset Management, boosting the junior’s balance sheet.
The funding will consist of an initial A$2-million investment and additional loan of up to A$4-million, s…
Nova shareholder provides funding Read More »
London-listed Kenmare Resources has paid the Mozambican government $7.9-million for 2019.
This includes $5.6-million in royalties and $2.3-million in taxes.
Kenmare pays Mozambique nearly $8m in royalties, taxes Read More »
ASX-listed Titan Minerals has launched a strategic review into the assets of newly acquired Core Gold, flagging the potential divestment of its Peruvian and non-core gold assets.
Core Gold has been delisted from the TSX:V exchange since Titan’s acquis…
Titan launches Core Gold review, flags asset sale Read More »
Canadian miners Gran Colombia and Gold X Mining’s plans for a new Latin American gold champion fell through on Monday, as Gran Colombia announced that it had walked away from the acquisition of Guyana Goldfields.
Guyana Goldfields has rejected Gran Co…
Gran Colombia walks away from Guyana Goldfields, terminates Gold X deal Read More »
Nickel miner Panoramic Resources on Monday announced A$90-million capital raise to de-risk the restart of its Savannah nickel mine, in Western Australia, and to fund project enhancement activities.
Panoramic told shareholders that it would undertake a…
Western Areas takes major stake in Panoramic as part of capital raise Read More »
Australian iron-ore major Fortescue Metals has made another C$1.38-million investment in TSX-listed Candente Copper, upping its interest to 19.92%.
Through wholly owned subsidiary Nascent Exploration, Fortescue has subscribed for 27.5-million at C$0.0…
Australia’s Fortescue ups stake in Candente Copper Read More »
Takeover target Alto Metals has a new suitor – privately owned investor Habrok Mining.
The Western Australia-based gold explorer said on Friday that it had received a proposal from Habrok to make an offmarket takeover offer of 6.6c a share.
The inten…
Alto receives potential competing offer Read More »
ASX-listed Nickel Mines has completed the institutional component of its entitlement offer, raising an initial A$179-million.
The company earlier this week flagged a A$231-million equity raise to fund the purchase of an additional 20% interest in the…
Nickel Mines raises first A$179m Read More »
The share price of ASX-listed Alkane Resources rose by nearly 11% on Wednesday as plans to progress the demerger of its subsidiary Australian Strategic Materials (ASM) progressed.
Alkane on Wednesday said that the company’s board has resolved to progr…
Dubbo demerger forges ahead Read More »
China’s Tianqi Lithium, one of the world’s biggest lithium producers, said on Monday its controlling shareholder planned to sell around a sixth of its holding, which could raise more than $200-million in much-needed cash.
Tianqi has admitted liquidity…
Tianqi Lithium parent to sell 6% stake in struggling Chinese firm Read More »
