Magnetite appoints Foraco for Razorback drilling
Magnetite Mines has hired Foraco to commence a metallurgical bulk drilling program at the Razorback iron ore project in South Australia.
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Wodgina lithium mine to resume operations
Joint venture (JV) partners Albemarle Corporation and Mineral Resources are set to restart the Wodgina lithium mine in Western Australia next year.
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OZ Minerals determines Wollongong JV exploration spend
OZ Minerals has completed due diligence at the Wollongong copper farm-in and joint venture (JV) with Resolution Minerals in the Northern Territory, revealing it will spend $4.9 million on exploration at the project over five years.
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DDH1 formalises merger with Swick
DDH1 has signed a binding agreement with Swick’s drilling business to create a new entity that will deliver an estimated $445 million in revenue.
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De Grey raises $125 million to advance Mallina
De Grey Mining has secured a $125 million placement to deliver a pre-feasibility study for the Mallina gold project in Western Australia next year.
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Follow the leaders: This week’s executive appointments
Keep up with the latest executive movements across the mining sector, including at Rio Tinto, SRK Group, Tanami Gold and more.
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Focus on gold and lithium as China sets sights on copper
It was gold price, lithium demand and China’s appetite for copper that dominated much of the discussion at Mines and Money Online Connect @ IMARC this week at the virtual event.
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Gold Road bids $166 million for Apollo
Gold Road Resources hopes to grow its development pipeline with the Lake Rebecca gold project in Western Australia after offering $166 million to acquire Apollo Consolidated.
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Rio Tinto pledges $US7.5bn to transform operations
Rio Tinto plans to halve its Scope 1 and 2 emissions by 2030 by using renewable power at its iron ore operations and aluminium smelters.
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Newcrest progresses Juri JV with Greatland Gold
Newcrest Mining and Greatland Gold have moved their Juri joint venture (JV) in Western Australia to its second stage, with a ramp up of exploration activity scheduled for next year.
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