The Western Australian Indigenous Tourism Operators Council (WAITOC) has announced the appointment of Neville Poelina as the new WA state representative on the WAITOC board.
Shares in a junior explorer linked to former Azure Minerals boss Tony Rovira soared 48 per cent on no news this morning, before the company entered a trading halt pending exploration results.
Founding Azure Minerals managing director and chief executive Tony Rovira has stepped down from the company, following this year's acquisition by Hancock Prospecting and SQM.
Mark Beyer and Jack McGinn discuss corporate governance at Fortescue and Qantas; Woodside's ammonia buy; all the news out of Diggers & Dealers; Iplex's class action; and a big week for global markets.
The Foreign Investment Review Board has given its tick to a move from a joint venture between Gina Rinehart's Hancock Prospecting and Chilean lithium giant SQM for Azure Minerals.
Shareholders in takeover target and lithium hopeful Azure Minerals have overwhelmingly voted in favour of Hancock Prospecting and SQM's $1.7 billion offer.
Hancock Prospecting has urged Azure Minerals shareholders to back the $1.7 billion takeover offer to “avoid future challenges and uncertainties” amid market volatility.
GreenTech Metals has produced grades of up to 2.36 per cent lithium oxide from drilling and sampling of its pegmatites in Western Australia's West Pilbara region – along strike from Azure Minerals' giant Andover lithium discovery. Andover has an exploration target estimate in the range of 100 to 240 million tonnes at grades between 1 and 1.5 per cent lithium oxide.
Azure Minerals boss Tony Rovira says it has been “incredibly humbling” to witness the growth of the company underpinned by its takeover offers and timely exploration discoveries in the past year.
The annual Business News corporate finance survey has highlighted the top advisers in the WA market and the emergence of a new style of strategic investor.
Minerals exploration and development company GreenTech Metals has suddenly found itself next to a new power-play among lithium giants right next door to its own developing West Pilbara lithium project in Western Australia. Significant corporate activity is targeting the region, including global lithium giant SQM's joint venture (JV) with Novo Resources and separately, SQM and Hancock Prospecting's $1.7 billion bid for Azure Minerals.
Diversified miner Mineral Resources says its in-house operations model has allowed it to keep its lithium business profitable and cash flow positive, despite depressed market conditions.
Mark Beyer and Mark Pownall discuss Alcoa's refinery closure; Panoramic's shuttered mine; Stockland's retirement living vision; another Creasy deal; a new Yallingup resort, and preview the upcoming magazine.
Strickland Metals has emerged as one of the ASX's runners of the year, jumping 400 per cent to an 11-year high of 20 cents on Thursday, on the back of more drilling at its Marwari gold prospect near Wiluna in WA. Led by entrepreneurial boss Andrew Bray, Stickland sits as the lone gold explorer among a sea of lithium hopefuls leading this year's ASX charge.
Mineral Resources boss Chris Ellison has labelled SQM's takeover of Azure Minerals as “dead in the water” while also shedding light on his lithium acquisition strategy.
Western Australia's resources middle tier could be at the heart of $170 billion in GDP growth by 2040, but only if the nation acts on its critical minerals opportunities, according to PwC.
This week's Bulls N' Bears profiled ASX runner is … Imugene. Its share price jumped more than 212 per cent to join other impressive companies including Krakatoa Resources, TechGen Metals and GreenTech Metals.
Mineral Resources will purchase the lithium and base metal rights at Pantoro's Norseman gold project under a $60 million deal adding to its acquisitive streak.
Bookbuilds and Banter with Boz (aka Shaw and Partner's WA State manager Davide Bosio) draws on his years of capital-raising experience and deal-making in Perth to talk billionaires and battery metals as he laments the ultimate killer of the deal – time.
Mineral Resources has bought a 12.3 per cent stake in Azure Minerals, adding to intrigue around the takeover target after Hancock Prospecting also bought a big stake.
In this podcast: Mark Beyer and Mark Pownall discuss opposition fracture; Perth house prices; RAC Insurance; Pioneer Credit; BGC stoppage; Hancock Prospecting; Azure Minerals, and private companies wrap.
GreenTech Metals has snagged rock chips going up to 1.82 per cent lithium oxide over a combined 11.5km of strike at its North Kobe and South Pegmatite zones in the West Pilbara. The results demonstrate the elevated lithium grades and potential scale opportunity offered by LCT pegmatites in Greentech's 100 per cent owned Ruth Well and adjoining Osborne tenements, the latter of which is just 25km west along strike from the Azure Minerals massive Andover lithium discovery.
In this podcast, Mark Beyer and Simone Grogan discuss lithium takeover battles; the interest rate outlook; local government elections; and profit results from WA's biggest companies, including ABN Group, Perron Group, Roy Hill and Wright Prospecting.
Gina Rinehart's Hancock Prospecting has confirmed a strategic 18 per cent stake in lithium takeover target Azure Minerals, which has just agreed to a friendly $1.6 billion deal with SQM.
Chilean lithium giant SQM has struck a $1.63 billion deal to acquire Mark Creasy-backed Pilbara battery metals explorer Azure Minerals, but a share raid this morning has clouded the transaction.
ASX-listed junior GreenTech Metals is leaps and bounds into a project-scale field program targeting historic lithium and recently-identified soil geochemical anomalies in Western Australia. The company today revealed it had identified nine broad lithium soil anomalous zones across its West Pilbara licence package, which covers a total area of 32 square kilometres and has more than 60sq km that are still to be mapped.
A deep dive into an historical dataset coupled with boots on ground has lit up a 10km lithium trend at GreenTech Metals' West Pilbara projects that sit tantalisingly close to Azure Minerals' Andover lithium discovery. Field mapping and analysis of historical soil sampling has etched out two distinct lithium-caesium-tantalum (LCT) pegmatite trends where recent rock-chip sampling returned assays peaking at 3.6 per cent lithium oxide.
SQM and Mark Creasy's private investment group have backed Azure Minerals' capital raising, which comes less than a week after the explorer revealed it had been approached for a takeover.
Mark Creasy-aligned Azure Minerals has received heritage clearance and program of work approval for the next stage of lithium exploration at its Andover battery metals project in the Pilbara.
RC drilling at Novo Resources' Milburn nickel-copper-gold target near Karratha in WA has returned a swag of anomalous copper hits including 3m at 0.59 per cent from 94m, inside of a broader 13m intercept grading 0.39 per cent from 92m. The operation is adjacent to Artemis Resources' Carlow Castle project where earlier this year the company outlined a 14.3 million tonne inferred resource going 0.4 per cent for 53,000 tonnes of contained copper.
Novo Resources has unveiled a suite of gold-copper and nickel-copper-cobalt targets in the West Pilbara region of WA. The company is now progressing EM surveys to advance its latest findings.
Azure Minerals has confirmed plans to sell its Mexican projects, as the company further focuses on advancing its Andover nickel-copper asset near Karratha.
