West African Resources said it expects mining equipment to be assembled and commissioned at its Kiaka gold operation in Burkina Faso before the end of the year.
Keen to accelerate a restart at its Kayelekera uranium project in Malawi, mid-cap Lotus Resources has announced plans to raise $110 million, or $US74 million.
Kerry Stokes-backed BCI Minerals has secured backing for a $981 million financing and signed with Chinese chemical company Befar to supply salt from its $1.4 billion Mardie project.
Tuesday’s market update follows news last month that the Murray Hill-led junior, which has a market cap of $117.2 million, confirmed that the project mineral resource base at Koppies climbed to 66.1 million pounds of uranium oxide.
A prospective WA uranium developer has called for a ban on mining to be overturned so the state can provide green energy for power-hungry tech giants in the US.
West Perth-based junior Rincon Resources has announced that Gary Harvey will depart as the company’s managing director in order to pursue technical consultant interests.
Bellevue Gold reported softer production but remains on track to meet its full-year target during what its managing director described as a “pivotal quarter” for the goldminer.
Nearly 250 sites were destroyed within the Solomon Hub mine footprint, experts told the Federal Court in the legal dispute between Fortescue and the Yindjibarndi people.
US-focused IperionX has announced plans to raise $100 million, $US67 million, in order to accelerate progression at its new titanium production campus in Virigina.
Mineral Resources shares have crumbled about 12 per cent this morning after allegations emerged its chief Chris Ellison evaded tax for years through an offshore scheme.
The death of a partner in a mining equipment partnership has led to a legal dispute over a succession agreement that details the ownership of the $23 million business.
Turaco Gold has announced its second major capital raise in the space of five months, as it aims to accelerate resource growth at its Afema gold project.
Kewdale-based Pacific Energy has struck a deal to build its biggest solar farm, a 35-megawatt facility to be part of the $296 million renewables hub at Gold Fields’ St Ives goldmine.
WA-based uranium companies enjoyed solid gains on Thursday, following overnight news in the US that Amazon plans to invest more than $US500 million in nuclear power.
Shares in Perth-based junior Global Uranium and Enrichment rose by 15 per cent on Thursday morning to 9.2 cents, following news it had filed documents to divest its Enmore gold project.
GOLD WRAP: De Grey Mining has trumpeted the economics of its Hemi project in a record gold price environment, while Genesis Minerals has restarted its Laverton mill ahead of schedule.
PVW Resources shares closed trade on Wednesday up 15 per cent to 2.3 cents, following news the junior had completed the acquisition of Brazil-based company Scanty Mineracao.