Forrest’s Wyloo ups ante with BHP for Noront takeover
Wyloo Metals has ramped up a bidding war against BHP for the acquisition of Canada’s Noront Resources with a significantly upgraded offer of $C0.70 ($0.76) per share for the target.
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Galaxy, Orocobre adopt new name following $4bn merger
Galaxy Resources and Orocobre have completed their merger and will rebrand as Allkem, setting the stage for the creation of one of the world’s largest lithium companies.
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Northern Star post-merger earnings drive higher dividend
Northern Star Resources has secured a record $648 million in earnings following its merger with Saracen Mineral Holdings, paving the way for further growth across its operations.
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Evolution delivers dividend with record profits
Evolution Mining has cashed out a record profit of $345.3 million for the 2020-21 financial year following historic high copper revenue for the company.
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South32 drives up earnings with base metals success
South32 has more than doubled its underlying earnings for the 2020-21 financial year following record performance at its alumina and manganese assets in Australia.
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Newcrest clears path for $1.3bn Cadia expansion
Newcrest Mining has completed a pre-feasibility study for a proposed block cave development at the Cadia gold operation in New South Wales, setting the stage for a feasibility study and early works program to begin.
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BHP ticks off massive investment in Jansen potash project
BHP has approved $US5.7 billion ($7.8 billion) in funding for the Jansen stage one potash project in Canada.
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BHP yet to agree on potential Woodside petroleum deal
BHP has confirmed it is in discussions to merge its petroleum business with Woodside Energy.
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Galan supercharges lithium projects with $50m placement
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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