Newmont Corporation shares have lost almost 20 per cent of their value in two days, as concerns over costs at the world’s largest goldminer continue to weigh on the business.
Mineral sands-focused junior Image Resources has secured a $US20 million ($30.1 million) binding offtake agreement with China-based Shantou Natfort Zirconium and Titaniam Corporation.
Regis Resources has used its quarterly report to again lash the contentious ministerial blocking of its McPhillamys gold project, as early stage work starts on a new concept study at the proposed mine.
Management at Kalgoorlie Superpit owner Northern Star Resources has hailed the company’s “exceptional” financial position, amid a record Australian gold price environment.
West African Resources said it expects mining equipment to be assembled and commissioned at its Kiaka gold operation in Burkina Faso before the end of the year.
Keen to accelerate a restart at its Kayelekera uranium project in Malawi, mid-cap Lotus Resources has announced plans to raise $110 million, or $US74 million.
Kerry Stokes-backed BCI Minerals has secured backing for a $981 million financing and signed with Chinese chemical company Befar to supply salt from its $1.4 billion Mardie project.
Tuesday’s market update follows news last month that the Murray Hill-led junior, which has a market cap of $117.2 million, confirmed that the project mineral resource base at Koppies climbed to 66.1 million pounds of uranium oxide.
A prospective WA uranium developer has called for a ban on mining to be overturned so the state can provide green energy for power-hungry tech giants in the US.
West Perth-based junior Rincon Resources has announced that Gary Harvey will depart as the company’s managing director in order to pursue technical consultant interests.
Bellevue Gold reported softer production but remains on track to meet its full-year target during what its managing director described as a “pivotal quarter” for the goldminer.
Nearly 250 sites were destroyed within the Solomon Hub mine footprint, experts told the Federal Court in the legal dispute between Fortescue and the Yindjibarndi people.
US-focused IperionX has announced plans to raise $100 million, $US67 million, in order to accelerate progression at its new titanium production campus in Virigina.
Mineral Resources shares have crumbled about 12 per cent this morning after allegations emerged its chief Chris Ellison evaded tax for years through an offshore scheme.
The death of a partner in a mining equipment partnership has led to a legal dispute over a succession agreement that details the ownership of the $23 million business.
Turaco Gold has announced its second major capital raise in the space of five months, as it aims to accelerate resource growth at its Afema gold project.
Kewdale-based Pacific Energy has struck a deal to build its biggest solar farm, a 35-megawatt facility to be part of the $296 million renewables hub at Gold Fields’ St Ives goldmine.
WA-based uranium companies enjoyed solid gains on Thursday, following overnight news in the US that Amazon plans to invest more than $US500 million in nuclear power.
Shares in Perth-based junior Global Uranium and Enrichment rose by 15 per cent on Thursday morning to 9.2 cents, following news it had filed documents to divest its Enmore gold project.
GOLD WRAP: De Grey Mining has trumpeted the economics of its Hemi project in a record gold price environment, while Genesis Minerals has restarted its Laverton mill ahead of schedule.
PVW Resources shares closed trade on Wednesday up 15 per cent to 2.3 cents, following news the junior had completed the acquisition of Brazil-based company Scanty Mineracao.
Shares in Mako Gold rose by 68 per cent on Wednesday afternoon to 1.6 cents, following news the Queensland junior had filed documents for a proposed merger with Aurum Resources.
As many as 50 of BHP’s WA staff could depart from its technology and IT departments, as the mining company continues to roll out a restructure announced earlier this year.
Shares in Subiaco-based junior African Gold closed trade on Tuesday up 102 per cent to 9.9 cents, following positive drilling results from its Didievi gold project in Côte d'Ivoire.
The Takeovers Panel has ruled that uranium player Energy Resources of Australia’s entitlement offer with Rio Tinto did not involve unacceptable circumstances.
