Perth-based Lycopodium’s share price fell more than 12 per cent today, despite the company reporting a record post-tax net profit of $50.7 million off $348.9 million of revenue.
A record revenue spurred by the acquisition of Devico wasn’t enough to offset tough market conditions for Imdex, which posted a 7 per cent decline in profit.
A battery materials refinery spruiked for the Goldfields has been shelved by its east coast planner Pure Battery Technologies, citing industry forecasts and a retracted grant.
Mining contractor Perenti has elected to undergo a significant remuneration restructure, on the back of February’s fatality at the Mana gold mine in Burkina Faso.
Regis Resources says a decision to block the construction of a tailings dam at its McPhillamys project in NSW, revealed late last week, could kill the project entirely.
Federal Environment Minister Tanya Plibersek appears to have derailed Regis Resources’ tailings dam plan at its McPhillamys gold project, in a hurdle for the company’s mining goals.
Mining technology company Imdex has settled a long-running dispute with Boart Longyear, securing a $10 million payout and likely control of local firm Globaltech.
Wood Australia has continued its working relationship with uranium-focused Bannerman Energy, following news it will facilitate the detailed design phase of the company’s flagship Etango project in Namibia.
A hydrogen haul truck, red dirt sod turning, and proof ore can be mined without emitting any carbon: it was a big day for Andrew Forrest and Fortescue at Christmas Creek
