Financial risk has climbed to the top of KPMG’s annual survey of the factors worrying Australian mining company bosses, as inflationary pressures and financing challenges bite.
West Perth-based junior Many Peaks Minerals is a step closer to its inaugural mineral resource estimate at the Ferké gold project in Côte d’Ivoire, following an overnight private capital raise.
Simon Trott has paid tribute to his Pilbara iron ore team and spoke of his excitement to lead one of the world’s largest miners from a C-suite 15,000 kilometres away from his childhood home.
The world’s largest goldminer has boosted the proceeds from its sale of the Telfer asset to ASX-listed Greatland Resources, reporting a 230 per cent relative return on recently sold shares.
Iron ore production from Rio Tinto’s Pilbara mines reached near-record levels after the miner’s exports were curtailed by flooding at the start of the year.
Global gold giant Newmont Corporation has sought to extend the life of the state’s largest goldmine, flagging the need for a new tailings dam to keep Boddington running past 2030.
The Lundin family, Zhaojin Mining and Montage Gold backed Aurum Resources in a $35.6 million raise to fast-track exploration and feasibility studies in Côte d’Ivoire.
As it looks to expand its critical minerals reach into the US, Perth-based Locksley Resources has appointed Viriathus as its American strategic advisor.
Perth-based junior Viridis Mining and Minerals has furthered its backing of chief executive Rafael Moreno, adding the title of managing director to his portfolio.
Andrew Forrest has stressed the importance of the Sino-Australian economic relationship, ahead of a Prime Ministerial visit to the nation’s largest trading partner in the coming days.
The battle for New World Resources could be decided as early as Friday afternoon, after Kinterra Capital raised its bid and initiated a matching process with a rival suitor.
The United States Department of Defense will join Gina Rinehart on the share registry of US-listed rare earths producer MP Materials, in a bid to secure its critical supply chains.
Aspiring lithium producer Vulcan Energy Resources has completed a $53 million capital raising, with half the money coming from a European clean energy fund.
Almonty Industries has been one of the top stocks on the ASX this year but its rise has brought forth an expensive options dispute for director Andrew Frazer.
ASX minnow Bryah Resources has called for Takeovers Panel intervention, claiming a group of allegedly associated shareholders is attempting to topple its board.
Fresh from the recent release of its definitive feasibility study, Ausgold has announced plans to raise $35 million via a single tranche capital raise.
