Greatland Resources' Havieron deposit would pay itself off within five years at a gold price of $4,500 per ounce, the Forrest-backed producer has revealed, with management bullish on the long-term potential of the Telfer hub.
Andrew Forrest's private mining vehicle is now the operator of a half-built rare earths project, having cemented its controlling stake in the deal with Hastings Technology Metals.
The Forrest's mining arm Wyloo has cemented its majority stake in the Yangibana rare earths project, a transaction which clears the debt owed by Hasting Technology Metals.
Greatland Gold directors including Mark Barnaba and Elizabeth Gaines will be paid to surrender millions worth of in-the-money share options, to meet the company's ASX listing requirements.
Tattarang's chief executive has opened up on wins and losses at Andrew and Nicola Forrest's private company and outlined plans for continued rapid growth.
Wyloo plans take a majority stake in the Yangibana rare earths project, in a move which would cancel out millions owed to it by Hastings Technology Metals.
Andrew and Nicola Forrest's private company has revealed new details on the growth of its multiple subsidiaries including RM Williams, Squadron Energy, Akubra and Harvest Road Group.
Greatland Gold has hailed the “Rolls Royce” Telfer project it acquired in December, after producing almost 30,000 ounces of gold from the project over its first 27 days of ownership.
A WA nickel aspirant believes the market for the maligned metal is on the brink of resurgence, while outlining the economics of its goal to build a $1.6 billion project.
Hastings Technology Metals has alleviated the concerns of Andrew Forrest's Wyloo Metals, after the latter filed a default notice against the rare earths developer last week citing solvency fears.
Andrew and Nicola Forrest's private investment vehicle Wyloo has sounded the alarm over Hastings Technology Metals' solvency and ability to repay its multi-million-dollar loan.
The man who runs Andrew and Nicola Forrest's private business empire has exited the board of their peak company but the group insists it is business as usual.
Greatland Gold chief executive Shaun Day believes the Telfer gold-copper mine his company is acquiring in a $700 million deal with Newmont Corporation is in its best shape in nearly two decades.
IGO is preparing to write down the value of two of its nickel exploration assets by up to $295 million, marking another blow for the miner amid depressed market conditions.
WA nickel producers will be unable to apply for a royalty relief package announced in February if the price of the commodity remains at its current level.
Andrew Forrest's Wyloo Metals has failed in its bid to throw out a Supreme Court judgment over a mining lease that includes about 95 hectares of Minderoo Station.
A senior Indonesian official has warned the nation has little interest in letting nickel prices rise above $US18,000 per tonne as analysts send mixed signals around the beleaguered battery metal's revival.
A delegation including Tesla, Forrest empire nickel business Wyloo Metals and lithium producer Pilbara Minerals has met with the federal government over a battery metals production tax credit.
Newmont Corporation has announced it will divest six of its non-core assets, including its Telfer goldmine in the Pilbara, with Andrew Forrest-backed Greatland Gold the likely buyer.
BHP has pushed back plans to build a 1,152-person camp to house nickel workers as the miner mulls the viability of a $750 million upgrade of its Kalgoorlie nickel smelter.
Western Australian rare earths developer Hastings Technology Metals is looking abroad to eastern Europe to process ore from its mine under construction in the Gascoyne.
Mark Beyer and Mark Pownall discuss the battery metals shake out; Santos legal delay impacts; high energy prices; HBF cost cut; McCusker charity news, and a magazine preview.
BHP's Nickel West division has revealed it will move part of a processing operation in Kambalda to care and maintenance after Wyloo Metals – a major customer – stopped mining nearby.
Western Australia's resources middle tier could be at the heart of $170 billion in GDP growth by 2040, but only if the nation acts on its critical minerals opportunities, according to PwC.
Wyloo Metals chief executive Luca Giacovazzi says ‘every banker on the street' has pitched an IPO to the Andrew Forrest-owned group, receiving inbound interest since arriving at Diggers & Dealers.
Wyloo Metals has secured the shareholder support it needs to take over nickel player Mincor Resources, in what could prove a key deal for Andrew Forrest's downstream processing ambitions.
An anticipated strategy paper from the federal government outlining a plan to cement Australia's place in the global critical minerals furore has seemingly fallen short of expectations.
Rare earths hopeful Hastings Technology Metals has secured a potential offtake agreement with a Canadian magnet manufacturer for its Yangbiana project in the Gascoyne.
Mark Barnaba-chaired Greatland Gold plc has confirmed its intention to list on the ASX this year but is still evaluating the choice of lead manager and the scope of any equity raising.
The federal budget mapped out a path to ‘green hydrogen superpower' status, championed critical minerals relationships and altered taxes on oil and gas. Here's how industry responded.
Takeover target Mincor Resources could be delisted from the ASX if Wyloo Metals does not achieve the 90 per cent stake needed for a compulsory acquisition.