It was a quarter to forget for base metals as the London Metal Exchange Index (LMEX) tumbled 23 per cent in the three months to June 30.
IGO buys Symons Hill in the Fraser Range
IGO has been given full reign to explore Matsa Resources’ Fraser Range landholding in Western Australia after buying into the junior’s portfolio.
Yancoal clears $1.2b debt as energy crunch continues
Yancoal is repaying approximately $US801 million ($1.17 billion) of debt before the end of July as coal prices continue to soar.
Liontown roaring as Kathleen Valley clears final hurdle
Liontown Resources is poised to become Australia’s next lithium producer after a final investment decision was made on the Kathleen Valley lithium project in Western Australia.
Europe: Australia’s next critical minerals partner
The European Union (EU) has declared its interest in Australian critical minerals, joining a list of international suitors that includes the US, South Korea and India.
Pilbara Minerals boosts Pilgangoora by 100,000tpa
Pilbara Minerals will add another 100,000 tonnes per annum (tpa) of capacity to its Pilgangoora project in Western Australia after the board approved proposed plant upgrades.
Evolution slumps on production downgrade
Shares in Evolution Mining slumped on Monday after the gold miner announced an expected production downgrade for the 2021–22 financial year (FY22).
Glencore pumps $50m into Nifty copper restart
Glencore will have access to 100 per cent of the copper cathode produced from phase one of Cyprium Metals’ Nifty restart as part of an offtake prepayment facility between the two companies.
ERA in ‘urgent’ need of funding
Energy Resources of Australia (ERA) is seeking “urgent” funds to meet the increased rehabilitation cost of its ceased Ranger uranium mine in the Northern Territory.
Pilbara Minerals shrugs off lithium fears
Pilbara Minerals has achieved a new record from its Battery Material Exchange (BMX) – and the company didn’t even need to go to auction.