Aim-listed Botswana Diamonds has arranged a placing with existing and new investors to raise £300 000 through the issue of 50-million new ordinary shares. The funds raised will be used to fund ongoing exploration activities in Botswana and South Africa…
Botswana Diamonds to raise £300 000 Read More »
Aim-listed Sylvania Platinum reported a significant increase in revenue, adjusted group earnings and net profit for the financial year ended June 30, despite the Covid-19-related hard lockdown in South Africa in March and April.
The company’s Sylvani…
Sylvania ups profit in FY20 despite lost output Read More »
A discovery of ancient artefacts on the seabed off Australia’s west coast has opened up a new frontier for resource companies to watch out for in conserving indigenous heritage.
Archaeologists in July reported they had found hundreds of stone tools su…
Underwater: Australia’s oil industry faces new indigenous heritage test 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 Competition Commission has recommended that the Competition Tribunal (Tribunal) approve the proposed transaction whereby Thabong Coal, a subsidiary of Seriti Resources, intends to acquire South32 South Africa Coal Holdings (SAEC) with conditions.
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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 »
