ASX-listed ReNu Energy has received firm commitments from professional and sophisticated investors for a capital raising of $4.5 million.
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WA support for potash projects
The Western Australian Government has announced an extension of the potash industry royalty rebate scheme established in the 2022-23 State Budget.
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Mining giants pour money into WA legacy projects
The Western Australian Government has launched a state-first Resources Community Investment Initiative (RCII), which will facilitate investment in iconic state infrastructure projects as well as community and social initiatives.
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Neoen powers up BHP battery-energy projects
BHP has signed a renewable Power Purchase Agreement (PPA) with Neoen for about half of Olympic Dam’s electricity needs from FY2026.
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$1.75 million raised for Alma copper projects
Alma Metals has received firm commitments to raise $1.75 million via a share placement to institutional, sophisticated and professional investors.
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Metals sector drives NSW mining projects
New research has revealed how the New South Wales mining industry can drive the state’s ongoing economic recovery from the COVID downturn and secure its future economic prosperity, with 35 mining projects currently at various stages in the state’s planning system.
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$50 million fillip for critical minerals projects
The Australian Government has approved a series of grants to accelerate the development of the critical minerals resources industry as part of efforts to reach net zero.
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$5.5m placement powers South Australia projects
Diversified minerals company Power Minerals has issued a placement to raise about $5.5 million from sophisticated, professional and institutional investors.
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$130m to power up NSW critical minerals projects
Applications are now open for the first round of a new fund set to turbocharge the critical minerals and high-tech metals sector and position regional NSW as a major global supplier.
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$12m recharge for Lithium Australia battery projects
Lithium Australia has received firm commitments to raise $12.075 million through a placement of 185,772,347 ordinary shares to sophisticated and professional investors at an issue price of 6.5 cents per share.
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OZ advances projects despite soft first half
OZ Minerals says momentum is rebuilding after a soft first half to the financial year, with a net profit after tax registered of $109 million despite a challenging period due to one-off weather and equipment interruptions, together with COVID productivity impacts.
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Newcrest soldiers on as growth projects advance
Newcrest Mining has reported a slide in full-year profit and halved its dividend from a year ago, hit by rising costs and lower output at its Lihir (PNG) and Cadia (New South Wales) mines.
The country’s biggest gold miner said underlying profit came in at $872 million for the year, and declared a final dividend of 20 cents per share, half that paid a year earlier.
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Liebherr expands facilities to help deliver decarbonisation projects
Liebherr-Australia has more than doubled the size of its Perth mining facility by acquiring adjacent land and buildings.
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MGM acquires Australian Vanadium projects
Australian Vanadium has signed an option agreement with Mining Green Metals (MGM) for the latter to acquire a 100 per cent interest in the WA-located Coates Project and Nowthanna Hill Project tenements, application and associated mining information.
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McLanahan provides support to remote projects
McLanahan has gone above and beyond for a remote operation, turning a logistical challenge into another successful project for the company.
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Swift Networks commences key mining projects
Swift has commenced delivery of seven new projects across Australia's mining industry including with Rio Tinto, Roy Hill, Strandline, Oz Minerals and South32.
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Govt supports graphite projects with $239m
The Australian Government has approved two loans worth $239 million for Australian companies to produce highly purified graphite.
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Major projects pipeline soon to flow again
Australia’s resources and energy sector will see jobs and projects abounds in the coming years, with the committed pipeline’s value increasing 24 per cent in the 2021 major projects report.
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NSW mining communities to benefit from new projects
NSW mining communities will benefit from programs worth $75m for better economic opportunities, local amenity and positive social outcomes.
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Nickel projects win big in WA exploration grants
The Western Australian Government has announced the latest recipients of its Exploration Incentive Scheme co-funded drilling program.
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