Gold miner Blackham Resources has announced its third capital raising for the year, bringing the total to $45 million, following a series of delays in production at its gold mines in the Wiluna region of Western Australia.
Shares in Strategic Elements surged up to 32 per cent today after the software company announced a 12-month deal with multinational conglomerate Honeywell to develop experimental autonomous robotic vehicles
Uranium company Paladin Energy has announced it will raise $30.2 million through a share placement and a further $7 million from a share purchase plan, with the proceeds to help cover the cost of maintaining its mothballed African mines.
TNG has conducted a review of its planned 2 million tonnes per annum Mount Peake vanadium-titanium-iron project, which revealed a potential reduction in capital costs of $29 million.
Vysarn has rejoined the ASX with a healthy share price gain, five months after it struck a deal to purchase Perenti Global’s waterwell drilling business for $16 million.
Tianqi Lithium has officially started operations at the first lithium hydroxide refinery built outside China, with the company aiming to achieve practical completion of stage one of the Kwinana plant next month, while works on stage two have been put on hold.
Investors have welcomed Centaurus Metals' announcement that it raised $10 million via a share placement to underpin an exploration and development program at its recently acquired Jaguar nickel sulphide project in Brazil.
ASX-listed Maximus Resources has reached a $5.2 million sale agreement for its Burbanks gold processing plant in the Coolgardie region, after its previous $5.8 million deal with Adaman Resources fell through.
Sheffield Resources has raised $18 million via a share placement, in lieu of a bridging loan facility, and to progress the strategic partner process for its Thunderbird mineral sands project.
Australian Potash’s Lake Wells sulphate of potash project is edging closer to production, after the company struck a joint cooperation agreement with Geraldton port owner Mid West Ports Authority.
Millennium Minerals has announced it would update its production guidance in October following recent delays in open pit mining approvals and production at its Nullagine gold project.
Lynas Corporation has signed an agreement with the City of Kalgoorlie-Boulder to review potential sites for a cracking and leaching plant, as the rare earths producer seeks to assuage concerns from Malaysia around radioactive waste.
Metallurgical coal developer Aspire Mining has announced a strengthened financial position with a $33.5 million proposed investment by its major shareholder along with a strategic board restructure.
Andrew Forrest-backed Poseidon Nickel has edged closer to restarting operations at its Black Swan project in Western Australia following a recent surge in nickel prices.
Kibaran Resources has welcomed state government support in the development of its planned graphite plant, one of several potential projects in Kwinana’s emerging 'battery valley'.
Gold Fields chief executive Nicholas Holland has suggested gold companies across the world have under-reported their actual costs, and that the industry is heading for a production shortfall.
Claremont-based Geopacific Resources has appointed GR Engineering Services as the engineering, procurement and construction contractor for the processing plant at its Woodlark gold project in Papua New Guinea.
Pilbara Minerals has undertaken a $91.5 million capital raising, underpinned by China’s largest manufacturer of electric vehicle batteries, as it seeks to strengthen its balance sheet amid a downturn in the lithium sector.
The restart of the Ravensthorpe nickel project has officially commenced amid surging prices of the commodity, as owner First Quantum Minerals launched a recruitment drive to fill at least 350 direct roles at the mine.
Nickel miner Panoramic Resources will have to tap the market for $20 million in equity after its debt was halved by Macquarie Bank, while today also disclosing deferred payment for the sale of its Canadian project.
Total mineral exploration expenditure in Australia increased by 5.2 per cent to $629.6 million for the June quarter, with Western Australia underpinning the growth, according to the latest figures from the Australian Bureau of Statistics.
Investors have welcomed Flinders Mines entering into a non-binding agreement with the Balla Balla Infrastructure Group, which could deliver the infrastructure and funding needed to help get its stranded Pilbara iron ore project (PIOP) into production.
Shares in mining services company Perenti Global were up more than 6 per cent today after investment bank Gresham Partners announced an agreement to sell its $91.2 million stake.
Galaxy Resources has confirmed interest in striking a downstream processing deal with Alita Resources’ offtake partner, just a day after placing the lithium miner into receivership, while Talison is reconsidering the timing of its $516 million stage three expansion project at Greenbushes.
Macmahon Holdings says it is likely to come to an agreement with Newcrest Mining in relation to increased revenue for its mining services contract at the Telfer gold project, while on the same day releasing positive full-year results.
A Chinese company suspected of illegally clearing land at a pastoral station in Western Australia's north has had its appeal against a stop-work order dismissed, but has been encouraged to apply for a permit retrospectively.
Rio Tinto has awarded works to NRW Holdings at its $2.6 billion Koodaideri iron ore project, while BGC Contracting secured a contract extension at Atlas Iron’s Mt Webber project.
