Junior West Wits Mining will raise A$3.4-million from a share placement to sophisticated and professional investors to fund feasibility studies and drilling at its Witwatersrand Basin gold project, in South Africa.
The company on Friday announced tha…
West Wits raises funds for South African project Read More »
Merger and acquisition (M&A) transactions in the Australian metals and mining industry reached $681.76-million in the second quarter of 2020, new analysis from GlobalData has shown.
The value marked an increase of 1.6% over the previous quarter an…
Australian mining M&A dropped in the June quarter Read More »
Gold mining company Kirkland Lake on Thursday announced that it had disposed of its shareholding in Osisko Mining and that it had reduced its interest in Novo Resources.
The company, which trades in the Toronto, New York and Sydney, sold 32 627 632 co…
Kirkland Lake sells shares in Osisko and Novo Read More »
Diamond miner Lucapa has struck an agreement with its major financiers and shareholders Equigold and New Azilian, as well as the external financier for the Mothae project, the Industrial Development Corporation of South Africa, to defer some $13-millio…
Lucapa defers debt repayments Read More »
The board of iron-ore major Vale on Thursday approved the Serra Sul 120 project, which will increase the S11D mine-plant capacity by 20-million tonnes to 120-million tonnes a year.
The project, located in the municipality of Canaã dos Carajás, would r…
Vale board approves $1.5bn iron-ore expansion project Read More »
ASX-listed Heron Resources has started a strategic process for its Woodlawn zinc/copper project, in New South Wales, to explore various options for the mine, including refinancing, joint venture and either a partial or complete divestment.
Operations …
Heron launches review of Woodlawn Read More »
Australian mining magnate Gina Rinehart’s Hancock Prospecting is hoping a charm offensive, from annual fundraising parties to local refurbishments at a golf course, will help overcome opposition to a massive new coal mine in Canada’s Rocky Mountains.
…
Australian billionaire woos Canadians, hoping to build big coal mine in Rocky Mountains Read More »
Toronto-listed Northern Dynasty is supporting calls for an Inspector General (IG) review of the US Army Corps of Engineers’ (USACE’s) conduct in the Pebble project permitting process.
“Bring it on – we have everything to gain and absolutely nothing to…
Pebble owners support call for IG review of Army Corps permitting Read More »
Bauxite miner Metro Mining on Friday announced that it would bring forward its wet-season shutdown at the Bauxite Hills mine, in Cape York, as the company failed to secure offtake for the remainder of the year.
Mining is starting to wind down and ship…
Bauxite Hills shutting earlier than anticipated Read More »
Bauxite miner Metro Mining on Friday announced that it would bring forward its wet-season shutdown at the Bauxite Hills mine, in Cape York, as the company failed to secure offtake for the remainder of the year.
Mining is starting to wind down and ship…
Bauxite Hill shutting earlier than anticipated Read More »
