Alumina has entered into a binding scheme implementation deed with joint venture partner Alcoa, which intends to acquire the company in a deal worth $3.4 billion.
Trembling lithium producer Core Lithium’s boss Gareth Manderson will step down as chief executive as the miner continues to grapple with deflated commodity prices.
Bellevue Gold has announced its monthly production increased by 28 per cent in February - from 10,475 ounces to 13,364oz - on the back of higher grades, coupled with underground stoping ore.
Pilbara-focused Red Hawk Mining will raise $12.5 million in order to advance operations at its flagship Blacksmith iron ore project, 70 kilometres north-west of Tom Price.
Mineral sands producer Sierra Rutile remains hopeful of reaching an agreement with the government of Sierra Leone regarding amendments to the fiscal regime agreement between the parties.
Uranium explorer Deep Yellow, led by John Borshoff, is seeking to raise $250 million via a two-tranche placement and additional share purchase plan, the company told the market yesterday.
Delta Lithium has signed farm-in deals with junior miners Voltaic Strategic Resources and Reach Resources over tenements near its Yinnetharra lithium project.
Hundreds of jobs at Sierra Rutile will be made redundant after the mineral sands producer announced plans to slash a quarter of its workforce and suspended mining activities.
An Aboriginal charity that was paid $47 million in mining royalties last year could find itself out of pocket after BHP concluded it had paid too much over an extended period.
Junior miner Horizon Minerals posted a $1.40 million profit during the first half of the 2024 financial year, which was down 19.4 per cent from $1.74 million during the prior corresponding period.
Ramelius Resources has announced it is in exclusive discussions with Toronto Stock Exchange-listed Karora Resources, regarding the possibility of a merger between both companies.
Andrew Forrest-backed Fortescue has acquired a 19.9 per cent stake in Magmatic Resources, in addition to its farm-in, joint venture agreement with the company.
SQM boss Ricardo Ramos is robustly confident lithium prices will lift by the end of the year, speaking at the official opening of the Mt Holland lithium project.
Uranium exploration company Bannerman Energy has recorded a $7 million total comprehensive loss for the first six months of the 2024 financial year, citing significant corporate and administration-based expenses.
