Firefinch says it is evaluating alternative funding options after pulling the pin on a planned capital raising, pointing to a weaker gold price and Australian-US dollar exchange rates.
The owner of the embattled Ridges iron ore project is facing legal action at the hands of the mine's owner for allegedly failing to pay royalties as part of a two-decade old deal.
After taking a break for the public holiday, the local share market has picked up where it left off - by sinking lower as central bank rate hikes weigh on sentiment.
Genesis Minerals has secured full control of friendly takeover target Dacian Gold, triggering Nev Power’s retirement from the board and the appointment of prominent director Tony Kiernan.
Business magnate Warren Buffett’s Freo Group is suing global manufacturer Vestas for allegedly abandoning plans to partner on the $317 million Dulacca Renewable Energy project.
Former Iluka Resources boss David Robb is one of four Melbourne Football Club directors facing legal action over a board statement former president Glen Bartlett claims was defamatory.
OZ Minerals has pushed the button on the project despite a $600 million capital increase, proclaiming the asset’s enormous potential as a modern mine in an era of decarbonisation.
A nine-hectare lot with holding income has been sold for $31.5 million, with plans to develop an A-grade logistics facility on the vacant portion of the land.
Senior journalist Matt Mckenzie talks about his power and energy feature, including the future of coal, Griffin Coal and the possibility of a state carbon charge.