The Australian Government’s Takeovers Panel has declared unacceptable circumstances in relation to Flinders Mines’ attempt to delist from the Australian Securities Exchange (ASX).
Technology advancement has a penchant for sparking new global commodity demand in the mining world, with lithium last year’s notable mover.
Flinders Mines has postponed its delisting from the Australian Securities Exchange (ASX) to deal with applications made to the Takeovers Panel by shareholders who disagree with the company’s plans.
Gold-focused Perseus Mining has chosen Lycopodium to supply engineering and supply works at the Yaouré gold project in Côte d’Ivoire, West Africa, in a $US95.1 million ($132.3 million) deal.
Tawana Resources has secured crucial funding that is expected to cement its future as an Australian-listed company following a proposed merger with Singapore’s Alliance Mineral Assets.
Coronado Global Resources, the largest coking coal producer in the US, has announced an IPO expected to raise between $1.16–$1.39 billion in one of the biggest Australian mining floats since Yancoal’s listing as Yancoal Australia in 2012.
Bounty Mining has completed an upgrade to its Bowen Basin rail facilities in a significant step for the company’s Cook Colliery restart in Queensland.
Tawana Resources’ proposed merger with Alliance Mineral Mineral Assets, first announced in April, has been given the go ahead by the Australian Government.
Top mining companies are reaching near boom time profits, with net profit up 126 per cent in the past year, a PwC report has found.
US-based private equity firm Lone Star plans to acquire Sino Gas & Energy Holdings for $530 million, an offer backed by the ASX-listed target.
ASX-listed WorleyParsons has been awarded an offshore engineering, procurement, construction, installation and commissioning (EPCIC) contract by Neptune Energy.
MMG’s Dugald River zinc mine in Queensland has achieved commercial production. The Chinese controlled, ASX-listed company reported this week that commercial production started on May 1.
Dual-listed gold miner Kirkland Lake Gold has reported exploration results from both surface and underground drilling at its Taylor mine in northeast Ontario, Canada, returning huge results in the process.
Jupiter Mines, known for its 49.9 per cent-owned Tshipi manganese mine in South Africa (the third-largest in the world) and its Central Yilgarn iron ore project in Western Australia, will today begin trading on the Australian Securities Exchange (ASX).
Celsius Resources has revealed what it describes as a “globally significant potential cobalt source” at the Opuwo cobalt project in Namibia, southern Africa, sending the company’s shares flying on the ASX today.
Dual-listed First Cobalt Corp has agreed to a “friendly acquisition” of US Cobalt in an all-share deal valued at $C149.9 million ($147 million).
ASX-listed Lucapa Diamond Company has reported the first diamond recoveries from its 70 per cent owned Mothae kimberlite mine in Lesotho, Africa.
Copper miner Tiger Resources plans to exit the Democratic Republic of the Congo (DRC) after securing a deal to offload its assets to a Hong Kong investment firm for $US260 million ($325 million).
ASX-listed explorer Artemis Resources is seeking a dual listing in Canada.
Syrah Resources has produced its first bagged saleable flake graphite from the Balama project in Mozambique.