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.
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Tawana and Alliance a step closer to $446m merger
Tawana Resources' proposed merger with Alliance Mineral Mineral Assets, first announced in April, has been given the go ahead by the Australian Government.
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Mining profits surge near boom-time levels
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.
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Sino Gas & Energy receives $530m offer from US equity firm
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.
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WorleyParsons adds another contract
ASX-listed WorleyParsons has been awarded an offshore engineering, procurement, construction, installation and commissioning (EPCIC) contract by Neptune Energy.
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Dugald River on track to be top 10 global zinc producer
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.
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Kirkland Lake discovers high-grade gold zones
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.
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Jupiter Mines lists on ASX with massive $240m IPO
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).
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Celsius shares heat up on maiden Opuwo cobalt resource
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.
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First Cobalt acquires explorer to develop supply for EV market
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).
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Lucapa recovers first diamonds from Mothae
ASX-listed Lucapa Diamond Company has reported the first diamond recoveries from its 70 per cent owned Mothae kimberlite mine in Lesotho, Africa.
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Tiger secures deal to sell copper assets for $US260m
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).
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Artemis looks to Canada for dual listing
ASX-listed explorer Artemis Resources is seeking a dual listing in Canada.
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Syrah reaches production milestone at Balama graphite operation
Syrah Resources has produced its first bagged saleable flake graphite from the Balama project in Mozambique.
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An opportunity for Australia’s mid-tier miners to thrive
Australia’s mid-tier mining sector has hit a turning point, with higher commodity prices and cautious spending improving returns.
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Bannerman MD expects uranium market to bounce back
The uranium sector’s pricing doldrums are destined to mother a bull market in the near to short term, according to Bannerman Resources managing director Brandon Munro.
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Breaker secures funds to advance greenfields gold discovery
Breaker Resources has raised $10 million through a share placement to continue exploration at the Lake Roe gold project near Kalgoorlie in Western Australia.
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WA exploration scheme set to return
The Western Australian Government plans to continue funding the $10 million a year Exploration Incentive Scheme (EIS).
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CIMIC offloads Macmahon shares after failed takeover attempt
Major contractor CIMIC Group has sold its stake in Macmahon Holdings, six months after it launched a takeover attempt for the smaller services company.
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Beadell taps market for $51m to fund Brazilian mine upgrades
Brazilian gold miner Beadell Resources will raise up to $51 million to fund mine upgrades and exploration activities at its Tucano operation.
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