Invictus raises A$15m for Zim gas hunt

ASX-listed Invictus Energy will raise A$15-million in a share placement from sophisticated and institutional investors to fund the upcoming Mukuyu-2 exploration campaign, in Zimbabwe. The company... 

South32 secures more gas for Cannington

Diversified miner South32 has secured gas for its Cannington base metals operation, in Queensland, extending gas supply agreements (GSAs) with ASX-listed Central Petroleum and New Zealand Oil and... 

BHP marks three-billion tonnes to China

Major BHP has marked three-billion tonnes of iron-ore exports to China. “BHP’s relationships with our customers in China have been fundamentally important to our company over the past 50 years,”... 

BBX raises funds for Brazil exploration

Junior BBX Minerals will raise A$6-million to fund a rare earth exploration (REE) programme in Brazil. The ASX-listed company has received firm commitments for the placement of more than... 

Cape Hardy tops Northern Water destination

ASX-listed Iron Road on Wednesday welcomed independent findings provided to Infrastructure South Australia that showed the Cape Hardy site was the best performing site for the proposed large-scale... 

ACCC predicts east coast gas surplus in 2024

The Australian Competition and Consumer Commission (ACCC) has revealed that Australia’s east coast gas market should have a 1.4 petajoule (PJ) surplus in the first quarter of 2024, even if the... 

KGL appoints CEO and COO

ASX-listed KGL Resources has appointed Nicholas Spencer as CEO to lead the development of the Jervois copper project, in the Northern Territory. Spencer has over 30 years mining experience and... 

Besra to receive first cash from $300m funding facility

Gold developer Besra Gold on Wednesday announced that all of the conditions precedent to a $300-million gold purchase agreement with shareholder Quantum Metal Recovery, had now been satisfied. The... 

Santos announces farm-downs in Alaska

Oil and gas major Santos has announced plans to farm down half of its working interest in 148 exploration leases, covering more than 270 000 acres of land, on the Alaska North Slope in an agreement... 

Blue Energy stumbles on approvals decline

The share price of ASX-listed Blue Energy fell nearly 16% on Wednesday after the Queensland Department of Resources declined to grant the company nine potential commercial area (PCA) applications... 

Alligator Energy raises cash for uranium hunt

ASX-listed Alligator Energy will raise A$25.5-million in a share placement to institutional and sophisticated investors to fund work at its Samphire uranium project, in South Australia. The... 

EcoGraf taps Tanzania for possible downstream development

ASX-listed EcoGraf on Tuesday said it was finalising a preferred site for a potential unpurified spherical graphite (SPG) and fines facility in Tanzania, after an independent study confirmed the... 

DRA tasked to save costs at Makuutu

Rare earths developer Ionic Rare Earths has appointed engineering and project house DRA Global to review the definitive feasibility study (DFS) for the Makuutu rare earths project, in Uganda.... 

Comet Ridge cements first offtake at Mahalo

ASX-listed Comet Ridge has signed its first gas sales agreement for the Mahalo gas hub, inking a seven-year agreement with Queensland-owned CleanCo. CleanCo will take 3PJ a year of natural gas... 

EFA throws support behind NiWest

Integrated battery metals developer Alliance Nickel has received a letter of support from Export Finance Australia (EFA) to provide potential financing for the NiWest nickel/cobalt project, in... 

Antilles Gold announces corporate review

ASX-listed Antilles Gold on Tuesday announced a review of the company’s corporate strategy over the next two years, which will consider a number of matters, including the possible divestment of its... 

New Hope posts solid full year

Coal miner New Hope Corporation has reported a solid financial year for the year ended July, with net profits after tax and underlying earnings before interest, tax, depreciation and amortisation... 

Australian Rare Earths increases Koppamurra resource

Junior explorer Australian Rare Earths has reported an 84% increase in the resource at its Koppamurra rare earths project in South Australia, with the resource now standing at 186-million tonnes at... 

Nico announces A$7.3m raise

ASX-listed Nico Resources will raise A$7.3-million in a fully underwritten one-for-five pro rata non-renounceable entitlement offer. The entitlement offer will be priced at 40c a share,... 

Ora Banda completes Lady Ida sale

Junior Ora Banda Mining has completed the sale of its non-core Lady Ida tenements, in Western Australia. The ASX-listed company earlier this year struck a A$10-million agreement over the... 

Newfield issues A$16.9m in new equity

ASX-listed Newfield Resources has announced a A$16.98-million equity issue consisting of a loan conversion and share placement. The company on Monday announced that it would repay A$13.86-million... 

Perseus adds to Yaouré mine life

Dual-listed gold miner Persues Mining has extended the mine life at its Yaouré operation, in Côte d’Ivoire, by 12 years to 2035. The ASX- and TSX-listed miner on Monday updated the ore reserve at... 

GM approves E25's Louisiana plans

Automotive giant General Motors (GM) has accepted ASX-listed Element25’s (E25’s) feasibility study for its planned US-based manganese sulphate facility. The acceptance of the feasibility study was... 

AuTECO starts offtake talks for Green Bay

ASX-listed AuTECO Minerals will initiate offtake and funding discussions for its Green Bay copper/gold project, in Newfoundland, the company said on Monday. The company told shareholders that it... 

Thunderbird commissioning starts

Commissioning of process plant at the Thunderbird mineral sands project, in Western Australia, is under way with owner Sheffield Resources saying the project was tracking within its original budget... 

Cyprium raises cash, makes massive management changes

ASX-listed Cyprium Metals has completed a A$31.6-million capital raise and has announced the appointment of new management. Barry Cahill has resigned from the company’s board and as MD, effective... 

BMA signs new clean power deal

The BHP Mitsubishi Alliance (BMA) has entered into a new renewable power purchase agreement (PPA) with Queensland’s publicly owned energy generator and retailer CleanCo, which is expected to... 

Whitehaven confirms talks for BMA assets

Coal miner Whitehaven Coal has confirmed it was ‘participating in the sale process’ initiated by the BHP Mitsubishi Alliance (BMA) over the Duania and Blackwater metallurgical coal mines in... 

BHP's economic contribution reaches A$60bn in Aus

Diversified miner BHP contributed A$60-billion in economic value to the Australian economy in the 2023 financial year, of which A$18-billion was spent in taxes, royalties and other payments to the... 

Trigg to acquire Drummond gold project

ASX-listed Trigg Minerals has struck a deal to acquire the Drummond gold and base metals project in Queensland. The company has entered into a binding acquisition with unlisted mineral explorer... 

Ramelius starts compulsory acquisition of Musgrave

Gold miner Ramelius Resources has taken a 90% stake in takeover target Musgrave Resources and has started the compulsory acquisition of the remaining shares in the company. Ramelius’ takeover for... 

Woodside advances CCS studies

Oil and gas major Woodside this week told shareholders that the company was progressing carbon capture and storage (CCS) studies, having signed a memorandum of understanding (MoU) with three... 

Essential calls shareholder meeting to vote on Develop bid

Takeover target Essential metals has called a shareholder meeting on October 18 to vote on the takeover offer from fellow listed Develop Global. The two companies in July this year entered into a... 

NSW updates opal legislation

New South Wales Minister for Natural Resources Courtney Houssos has introduced an amendment to the Mining Bill to parliament to address issues regarding the invalidity of mineral claims associated... 

Glencore meets stringent rehabilitation markers in NSW

The New South Wales government has signed off on diversified miner Glencore’s rehabilitation of some 76 ha of mined land at the Ulan coal mine complex. Glencore said in a statement on Friday that... 

Anson ramps up sample production in the US

Junior Anson Resources is ramping up lithium carbonate production from its sample demonstration plant in Florida, to meet demand from potential offtake partners. The company told shareholders that... 

Rio donates C$4m to Canadian rail training

Diversified miner Rio Tinto’s Iron Ore Company of Canada (IOC) has announced a C$4-million donation, over two years to bilingual college Cégep de Sept-Îles in Quebec, for the construction of its... 

Future Battery Minerals raises cash

ASX-listed Future Battery Minerals will raise A$7.6-million in a share placement to accelerate exploration at its Kangaroo Hills and Nevada lithium projects. The company on Friday said it had... 

Greatland secures Wyloo funding, defers ASX listing

Australia’s Wyloo Consolidated Investments has provided Aim-listed metals developer Greatland Gold with a A$50-million unsecured standby debt facility, as Greatland announced the deferral of its... 

Renascor adds to Siviour resource

ASX-listed Renascor Resources has reported a 25% increase in the mineral resource estimate for its Siviour graphite project in South Australia. Following recent resource expansion drilling, the...