Nickel miner IGO has completed an equity raising associated with its 49 per cent acquisition of Tianqi Lithium, giving it a stake in the Greenbushes lithium mine and Kwinana refinery.
The Australian government will become a shareholder in mining and infrastructure projects across northern Australia after widening the mandate of a $5 billion investment fund.
Syrah Resources is raising funds from a $56 million placement and convertible notes deal with major shareholder AustralianSuper to progress its US and Mozambique graphite operations.
A scathing parliamentary report into Rio Tinto's destruction of the Juukan Gorge caves has found responsibility lay across industry and government, but its recommendations have not all been accepted by the mining lobby. or the WA government.
Adelaide’s OZ Minerals has upgraded the value of its recently acquired West Musgrave project in WA by $200 million, while also lifting the mine’s planned nickel and copper production.
Fortescue Metals Group has officially opened its Eliwana iron ore mine in the Pilbara, in the same week the commodity’s price reached a new high of $US146 per tonne.
Nickel miner IGO has announced a transformational deal to buy 49 per cent of Tianqi Lithium, giving it a minority stake in both the Greenbushes lithium mine and the Kwinana lithium refinery.
Valmec has won a major asset services contract, while Centurion has secured mine site works in Queensland and Decmil has been named preferred contractor for a Victorian rail project.
Perth-based contractor MACA is in talks to buy Downer’s mining services division, while IGO is reportedly considering a $2 billion deal with China’s Tianqi Lithium Corporation.
Andrew Forrest is $2.7 billion richer after the iron ore price rose to a seven-year high, while Chris Ellison's stake in Mineral Resources has grown by $53.4 million.
Subiaco-based New World Resources has secured $10 million from a share placement to fast-track a drilling program at the company’s high-grade copper project in the US.
Pilbara Minerals has moved closer to gaining control of Altura Mining’s key asset after striking a $US175 million agreement with the lithium miner’s receivers and managers.