Private equity firm Resource Capital Funds (RCF) has announced the selling of Ausenco, a multinational engineering company, to three key US investment firms.
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Following a review by Australia’s Foreign Investment Review Board (FIRB), the Treasurer has cleared Newmont to proceed with its $26.2 billion acquisition of Newcrest.
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The Northern Territory’s Resource Week has begun in Darwin, attracting delegates from across the Australian and Southeast Asian mining sector.
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Widgie Nickel has released assay results from its recent diamond drilling (DD) infill program that targeted the Widgie 3 nickel mineralisation system.
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Mining services giant Perenti has announced it has been awarded a US$235 million ($360 million) contract expansion at the Motheo copper mine in Ghanzi, Botswana.
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Epiroc has confirmed it will continue its partnership with Kamoa Copper in the Democratic Republic of the Congo after winning its largest-ever order for the expansion of the Kamoa-Kakula copper mining complex.
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Visual observations from Buxton Resources’ second diamond drillhole at Copper Wolf in Arizona indicate the presence of a globally significant copper–molybdenum mineral system.
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Miramar Resources has announced diamond drilling at its Whaleshark project in WA has confirmed the presence of bedrock copper sulphide mineralisation for the first time.
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Gold-copper exploration company WA1 Resources has received firm commitments for a placement of new ordinary shares to raise $15 million, before costs, to fund ongoing exploration activities and development studies at its West Arunta project.
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29Metals has announced its half yearly financial results revealing the impacts of record flooding in Queensland earlier this year on production.
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Just one day after 29Metals launched a fully underwritten entitlement offer to raise $151 million, the miner has completed the institutional component of the offer.
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QMines has executed a term sheet to acquire a 100 per cent interest in the Develin Creek copper-zinc-silver project from Zenith Minerals for total consideration of $4.5 million in cash and shares.
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Almost three months after 29Metals completed the recovery of the Capricorn copper mine, the company has provided an update on the mine’s insurance claim.
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