Lotus Resources and A-Cap Energy to merge
Uranium developer Lotus Resources and minerals exploration company A-Cap Energy will merge as per a scheme of arrangement under which Lotus will acquire 100 per cent of the A-Cap shares on issue.
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New owner, same Altra Motion
Altra Motion may have been recently acquired by Regal Rexnord, but the key OEM and partner of the Australian mining industry hasn’t changed in identity, values, culture or commitment to customers.
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GridBeyond acquires Veritone’s energy business
GridBeyond, a global smart energy company, has announced the acquisition of Veritone Energy, a leading enterprise artificial intelligence (AI) solutions company.
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Mincor board prepares for takeover
New directors for Mincor as Wyloo takes over, while Core Lithium bolsters its executive team and finds a new home.
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Leonora assets sale delivers millions for St Barbara
With St Barbara having completed its sale of its Leonora assets to Genesis Minerals, it has reported a closing cash balance of $294 million as of June 30 2023.
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Wyloo acquires Mincor
Wyloo Metals now owns over 90 per cent of Mincor shares and is set to proceed with a compulsory acquisition of Mincor.
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Ramelius sees golden June results
Westgold bows out of Musgrave takeover battle
Westgold Resources has advised the market that it does not intend to increase its takeover offer for Musgrave Minerals, in the wake of a superior offer from Ramelius Resources.
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Bellevue begins Vanguard mining
Bellevue Gold has signed an agreement with Genesis Minerals that involves Genesis processing material from the Bellevue Gold Project, predominantly from the Vanguard open pit.
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Genesis formally acquires Leonora
St Barbara’s Leonora assets have now been acquired by Genesis, bringing to an end a months-long takeover process.
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Ramelius to acquire Musgrave
Ramelius Resources and Musgrave Minerals have entered into a bid implementation agreement (BIA).
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Glencore contributes $20 billion to Australian economy
The latest economic report from Glencore shows that the company’s operations directly contributed almost $20 billion to the Australian economy in 2022.
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Fenix’s three-million-tonne milestone
Mining company Fenix has achieved a production milestone, surpassing three million tonnes of high-grade iron ore sales from its Iron Ridge mine in WA.
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Mincor urges shareholders to accept Wyloo offer
Mincor Resources has announced that Wyloo Metals’ takeover offer is set to close on July 5 and is urging shareholders to accept the offer on or before this date.
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Perenti to fully acquire DDH1
Perenti and DDH1 have entered into a binding scheme implementation agreement that will involve Perenti acquiring 100 per cent of DDH1 shares.
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Musgrave knocks back Westgold’s $177.3 million takeover offer
Musgrave Minerals’ board has unanimously urged shareholders to reject a takeover offer from Westgold Resources for an implied value of $177.3 million.
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Albemarle leading the way for transparent mining
Albemarle has become the first lithium producer to complete an independent assessment using a comprehensive mining standard laid down by the Initiative for Responsible Mining Assurance (IRMA).
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Albemarle snaps up $30 million in Aussie lithium assets
Lithium Power International (LPI) has parted with its Australian subsidiary, Western Lithium, to Albemarle for a tidy $30 million.
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Glencore closes sale for Cobar copper mine
True North Copper begins ASX trading
Australian near-term copper producer True North Copper will commence trading on the Australian Securities Exchange (ASX) as of today.
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