Lithium and nickel exploration company Azure Minerals has launched a $120 million two-tranche institutional placement and a $10 million share purchase plan (SPP).
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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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A new report from Deloitte Access Economics has found that precompetitive geoscience data and analysis supported $76 billion of added value in the Australian economy and around 80,000 full time equivalent jobs in 2021–22.
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Linden Gold Alliance has completed the debt restructure it has with St Barbara, making St Barbara a majority shareholder in Linden and Linden debt free.
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Pitchers Partners has released its Dealmakers: mid-market M&A in Australia 2023 update, where it found that the mining sector contributed significantly to the country’s M&A (mergers and acquisitions) value through the Newmont acquisition of Newcrest.
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Silvercorp Metals and OreCorp have signed a binding scheme implementation agreement where Silvercorp will acquire all fully paid ordinary shares of OreCorp not held by Silvercorp or its associates.
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Poseidon Nickel has brought in $6 million to progress exploration drilling and development activities at its flagship nickel projects, Black Swan and Lake Johnston, in Western Australia.
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The mining industry has contributed a record $455 billion in export revenue for Australia during the 2022–23 financial year, according to the Australian Bureau of Statistics (ABS).
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Unexpected issues with capital value and operating costs at two IGO nickel acquisitions has translated to an almost $980 million write-down for the financial year. Despite the hit, the company saw strong results for the quarter.
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Billionaire couple Andrew and Nicola Forrest have agreed to separate after 31 years of marriage, but have assured that the development will not impact their mutual business interests.
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A week after completing the sale of its Leonora assets to Genesis Minerals, St Barbara has provided a production update for the June 2023 quarter (Q4 FY23) and 2023 financial year (FY23).
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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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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 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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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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