Unlisted Perth company Global Advanced Metals (GAM) has announced a $US400 million acquisition that continues the revival of the two specialist minerals businesses that emerged from the ashes of faile
Iron ore miner Fortescue Metals Group has won a court victory in its acrimonious native title battle with the Yindjibarndi Aboriginal Corporation, which appears to pave the way for development of its
Mount Gibson Iron will issue its first dividend to shareholders after booking a net profit of $239.5 million for financial year 2010-11, an increase of 81 per cent on the previous year’s results.
Perth-based iron ore miner Grange Resources has signed an agreement with Shree Minerals which it says will pave the way towards increasing its Tasmanian iron ore pellet production by 150,000 to 300,00
Copper-gold and base metals explorer Mogul Resources has launched a $7.5 million initial public offering to fund the development of its extensive portfolio of Indian resources projects.West Perth-base
Crusader Resources says it has raised $16.2 million in funds which will allow it to fast-track development at its Borborema gold project in Brazil.Crusader said the share placement, at $1.20 per share
Western Australian gold miners Focus Minerals and Crescent Gold have announced a merger plan that will result in the formation of one of Australia's top five gold producers with a market capitalisation of around $323 million.
Chalice Gold Mines has announced a joint ownership agreement with the Eritrean National Mining Corporation that it says will underpin funding for the development of the Zara gold project in Eritrea.
Crescent Gold says it has fast-tracked plans to begin mining operations at its Apollo deposit, near Laverton, after it announced a maiden gold reserve of 54,000 ounces.
Extract Resources has released an updated resource estimate for its Husab project in Namibia, which shows it is the fourth largest uranium deposit in the world.
A stand-off between Pankaj Oswal and his business partner, Norwegian company Yara International, has prompted Yara to halt its plans for a $US700 million ammonium nitrate plant on the Burrup Peninsula.
Western Australia-based resources firms Crescent Gold, Latin Resources, and Hot Chili have each announced strong interest and oversubscriptions to capital raisings collectively worth around $16 million.
Gindalbie Metals says its Karara iron ore development has made a significant step towards full-scale production after awarding mining contractor Brierty a $185 million contract for hematite mining services at the Mid West project.
Perth-based Beadell Resources has targeted March next year to begin producing gold from its Tucano project in Brazil, after signing a $75 million deal with Ausenco to manage the delivery of a processing plant at the mine.