Burgundy Diamond Mines is working towards raising $203 million to fund what it has deemed a ‘transformational’ acquisition of an operating diamond mine in Canada once owned by BHP.
Rare earths hopeful Hastings Technology Metals has secured a potential offtake agreement with a Canadian magnet manufacturer for its Yangbiana project in the Gascoyne.
Costs at global salt producer K+S Group’s Ashburton project near Onslow have blown out by more than $400 million following revised costs and inflationary pressures.
Fortescue Future Industries and Tivan are among the five companies to secure land agreements with the Northern Territory government for its energy development precinct.
The developer of a new Broome port facility is seeking $90 million in equity, roughly half the value of the challenging project that was delayed by the pandemic.
A former director of media firm The Market Herald has been ordered to hand over some of his shares to the corporate regulator and pay costs to the company’s former managing director.
Westgold Resources has declared its intentions to make a $177 million scrip bid for gold junior Musgrave Minerals, with both companies occupying land in the busy Murchison gold province.
Austal says it is regularly involved in discussions with potential suitors in response to reports several US investment funds had approached the Henderson-based shipbuilder.
The cost of fixing up the failed Ellendale diamond mine in the Kimberley has risen to $70 million after the state government awarded a major contract for rehabilitation earthworks.
St Barbara’s board has told shareholders there is no material improvement in Silver Lake Resources’ latest proposal to buy Gwalia and can’t see a realistic pathway that it could become superior.
Silver Lake Resources has made another move to buy St Barbara’s Gwalia operations, although the companies seemingly differ on whether it constitutes a new proposal.
Greatland Gold will partner with Rio Tinto to broaden exploration efforts close to its Havieron flagship while locking in support for a $220 million debt commitment ahead of studies at the project.
Green ammonia producers Kinara Power and Blue Diamond have progressed lease negotiations for land in the Oakajee Strategic Industrial Area in the Mid West.
Multinational human services provider APM has won a $720 million contract to provide its services in the UK but declared its earnings growth was expected to take a hit.
Bellevue Gold has inked a deal to refine its gold with independent ABC Refinery alongside an agreement with Zenith Energy to build a hybrid power station at its namesake project.
