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.
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. Read more
BHP has committed $US544 million ($736.5 million) in capital for the Shenzi North oil project in the US Gulf of Mexico.
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.
The 2021 Deloitte WA Index has revealed mining companies have added significant value to the state’s total market capitalisation.
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.
BHP has proposed a $C325 million ($351 million) takeover offer for Noront Resources following a previous bid by Andrew Forrest’s Wyloo Metals.
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.
Evolution Mining has boosted its production targets after agreeing to buy Northern Star Resources’ Kundana assets in Western Australia for $400 million.
The market value of the world’s top 25 metals and mining companies has declined by 6.9 per cent in June after two straight months of increases, according to S&P Global Market Intelligence data.