Galan Lithium has secured a $50 million placement to progress its lithium projects in Australia and Argentina.
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Evolution to pay off Red Lake with $US550 million placement
Evolution Mining has secured a $US550 million ($749 million) private placement in the United States with most of the funds used to pay its loan for the Red Lake gold operation in Canada.
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Newcrest commits $246 million to transform Telfer
Newcrest Mining has stamped a $246 million investment to extend the life of the Telfer gold operation in Western Australia as it continues to focus on exploring the site’s open pit and underground deposits.
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Core secures four-year supply deal with Ganfeng
Core Lithium has inked a four-year binding offtake agreement with China’s Ganfeng, in a move that bolsters development of its Finniss lithium project in the Northern Territory.
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BHP gives green light to $736 million oil project
BHP has put aside $US544 million ($736.5 million) in capital expenditure for the Shenzi North oil project in the US Gulf of Mexico.
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Resolute to offload Bibiani for $US90 million
Resolute Mining has agreed to sell the Bibiani gold mine in Ghana to Asante Gold after it faced mining lease turmoil at the project earlier this year.
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Miners dominate Deloitte WA Index
The 2021 Deloitte WA Index has revealed mining companies have added significant value to the state’s total market capitalisation.
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Annual gold production on track to beat 2020
Global gold production is edging higher as demand in the June quarter bounced back to levels seen last year following an increase in consumer investment, World Gold Council’s (WGC’s) latest trends report has revealed.
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Noront Resources’ board backs BHP takeover bid
BHP has proposed a $C325 million ($351 million) takeover offer to Noront Resources following a previous bid by Andrew Forrest's Wyloo Metals.
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Decmil secures $30m to drive growth
Decmil has signed a $20 million debt financing agreement and launched a $10 million equity placement to fortify itself as the company anticipates strong revenue from its contracts.
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