Newmont has received near-unanimous approval from its shareholders regarding the Newcrest acquisition.
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Rinehart surpasses Goyder as Liontown’s biggest shareholder
An eleventh-hour raid has seen Gina Rinehart’s Hancock Prospecting snatch a 16.7 per cent stake in Liontown Resources, making Hancock the lithium hopeful’s largest shareholder.
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Good as gold results for Red 5
Red 5 produced over 55,000 ounces of gold for the September quarter, putting the company on track to meet its financial year 2024 guidance of 195,000 to 215,000 ounces.
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Australia has not bolstered its gold reserves in 26 years
New insight from City Index has revealed that gold investment jumped 18 per cent in 2022, largely driven by central banks using the precious metal as an inflation hedge. Despite the rise in investment, Federal gold reserves in Australia have not budged since 1997.
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Uranium soars in September
The price of uranium cracked US$70 per pound in September, its highest since the 2011 Fukushima nuclear disaster.
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The copper outlook
Price pressure and weak global demand have put an end to the highs of 2022, but copper will still see slight improvement in 2024. Short-term outlook
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Australia’s next 500,000 ounce per annum gold mine
The capital cost of De Grey Mining’s Hemi gold project has jumped 28 per cent since a 2022 prefeasibility study, now sitting at $1.345 billion. The
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Core Lithium’s maiden revenue
Australian lithium miner Core Lithium has released its full-year financial results following its first revenue in the second half of the 2023 financial year (FY23).
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Black Cat potential gets a $60 million stamp of approval
A new $60 million investment in Black Cat Syndicate highlights the golden potential of the miner’s high-grade projects.
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Poseidon Nickel thins out executive team for Black Swan restart
Keep up with the latest executive movements across the mining sector, featuring Poseidon Nickel and Yancoal Australia.
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