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Midwest Vanadium

Primero wins Wheatstone contract

Engineering construction contractor Primero Group has won its first job at Chevron’s Wheatstone gas project, lifting its order book to $50 million.

Atlantic MD Minosora resigns

Atlantic managing director and chairman Michael Minosora has resigned from the company after a horror year for the vanadium and iron ore producer.

Atlantic secures more debt funding

Struggling miner Atlantic has secured $29.7 million in debt funding from its major shareholder Droxford International and negotiated a standstill arrangement with the majority of its noteholders.

Atlantic set for extra funding

Embattled miner Atlantic is once again set to obtain extra funding from major shareholder Droxford International, which has proposed a new $32.6 million loan facility.

Atlantic shares higher on production spike

Shares in vanadium and iron ore miner Atlantic have closed higher on the back of stronger monthly ferrovanadium production at the company's Windimurra project in the state's Mid West.

Atlantic tips strong production lift

Atlantic chairman and managing director Michael Minosora has predicted a doubling in production volumes this month, as the vanadium and iron ore miner moves toward breakeven on its operating cash flow.

Atlantic secures further $11.75m funding

Vanadium producer Atlantic has secured a further $11.75 million in unsecured funding from its biggest shareholder, Droxford International, the latest in a series of cash injections to sustain its working capital.

Minepower wins Windimurra contract

Mining and civil contractor Minepower says it has received a proposal from Atlantic Limited’s subsidiary Midwest Vanadium to provide mining services at the proposed Windimurra vanadium project in the

JP Morgan to secure Atlantic funding

Atlantic has appointed JP Morgan Securities to help secure debt funding required by its subsidiary Midwest Vanadium to complete the construction and commissioning of the Midwest vanadium project.

Atlantic announces $55m capital raising

West-Perth based Atlantic has announced plans for a $55 million capital raising to fund construction and commissioning of the Windimurra vanadium project in Western Australia.