Nedlands-based junior Agrimin will walk away from its Mackay Potash Project after an eight month strategic review found it was untenable, instead shifting its focus to non-potash minerals.
Reward Minerals' Indigenous land use agreement has been terminated over a “serious breach” after it gave up tenements that were picked up just half an hour later, the land council says.
Reward Minerals has struck a deal to buy the potash plant from collapsed miner Kalium Lakes after failing to acquire the whole Beyondie project earlier this year.
Troubled potash player Kalium Lakes is expected to collapse into liquidation after Reward Minerals failed to drum up the funds to buy its Beyondie potash project.
Having received shareholder approval to purchase the Beyondie sulphate of potash project earlier this week, exploration company Reward Minerals launched plans on Wednesday to raise up to $22.79 million to help fund the arrangement.
Potash explorer Reward Minerals has struck an agreement to potentially pluck Kalium Lake's Beyondie project out of receivership under a $20 million proposal.
Multi-element explorer Horizon Minerals has netted $2m in cash by divesting assets as it continues its expansive exploration campaign in WA. The company shed its shareholdings in Red Dirt Metals and Cyprium Metals in addition to the non-escrowed portion of Metal Hawk. The earnings pocketed from monetising its assets will be used to fund part of its ongoing large-scale multi-commodity drilling program.
Salt Lake Potash's Lake Way project, which was predicted to be one of the first producing potash assets in the state before its collapse last year, has been put on the market by receivers.
Our board moves wrap includes Simon Dominy, Henry Shiner, Brad Edwards, Leslie Crockett, Michele Anderson, Hansjoerg Plaggemars, Michael Nossal, Peter Bilbe, Kathryn Foster, Greg Cochran, Michael Ruane, Susan Field, and Grant Mooney.
A $450 million potash development in northern WA and a $269 million alumina refinery planned for Kwinana have received major project status from the federal government.
Fortescue Metals Group has agreed to a $6 million farm-in with Carawine Resources to explore its Paterson project in Western Australia, and a $2 million farm-in with Reward Minerals to explore its potash tenements in the McKay range.
Perth mining executive Michael Ruane is seeking a board spill at Empire Resources, less than two months after the gold miner was forced to restructure its board due to a push from a separate group of dissident shareholders.
The Michael Ruane-led minerals explorer Reward Minerals has received firm commitments for a $5.2 million capital raising to fund ongoing work at its LD potash project in the Little Sandy Desert.
La Mancha Resources has signed an agreement to acquire up to 70 per cent of Perth-based explorer Intermin Resources' Binduli gold project near Kalgoorlie.
Perth-based potash exploration company Reward Minerals has been served a $33,000 penalty by the Australian Securities and Investments Commission and has complied with the infringement notice.
Nedlands-based potash explorer Reward Minerals has copped a speeding ticket from the ASX after its shares soared more than 56 per cent higher in the space of a week.
Shares in Nedlands-based explorer Reward Minerals have slumped after the National Native Title Tribunal ruled the company cannot access its Lake Disappointment potash project.
Explorer and aspiring potash producer Reward Minerals Ltd has reached what is being touted as a ground-breaking native title deal to potentially give the Central Western Desert's Martu people more than 10 per cent of the company.
Reward Minerals Ltd 29-Aug-05 Has obtained rights to acquire a 100% interest in a major portfolio of exploration tenements, regarded as highly prospective for Potash mineralisation.
