Subiaco-based New World Resources has secured $10 million from a share placement to fast-track a drilling program at the company’s high-grade copper project in the US.
Pilbara Minerals has moved closer to gaining control of Altura Mining’s key asset after striking a $US175 million agreement with the lithium miner’s receivers and managers.
Galaxy Resources, Pilbara Minerals and Altura Mining will receive a 50 per cent rebate on royalties paid, due to the declining spodumene concentrate price.
Tyranna Resources has sold a gold project in South Australia for $3 million, while fellow Perth-based explorer Hannans is purchasing assets in Western Australia.
Platina Resources will ramp-up its exploration efforts in Western Australia using the sale proceeds from its Skaergaard gold and palladium project in Greenland.
Chemical producer Coogee and corporate advisory firm Lisle Group have joined more than a dozen mining and engineering firms on a state government taskforce targeting future battery industries.
Technology Metals is raising $8 million from a share placement, which will go towards a feasibility study for its Yarrabubba iron-vanadium project in Western Australia.
WA Kaolin has had a positive start to its first day of trading after raising $22 million from its initial public offering, with its share price closing up 25 per cent.
