Goldminer Catalyst Metals has cleared $36 million worth of inherited debt, riding the wave of gold price momentum which has led to a flurry of activity in the sector this week.
West Perth-based lithium explorer Lepidico has called in administrators from KordaMentha, who intend to start a sale or recapitalisation of the business soon.
Mid West iron ore miner Fenix Resources’ flagship mine has more than doubled in size in a move which should breathe years of extra life into the high-grade deposit.
Spartan Resources interim executive chair Simon Lawson says the company’s $220 million capital raise will ensure it remains on course for a potential positive FID at Dalgaranga next year.
29Metals has announced plans to raise $180 million, following news of its decision to expand the Gossan Valley mining front at its Golden Grove mine, 250km east of Geraldton.
Spartan Resources will tap the market for as much as $220 million, fresh off an upgrade to the mineral resource at its Dalgaranga project in the Murchison region.
Greatland Gold has lauded the transformative potential of its $700 million deal for Newmont’s Telfer mine and the nearby Havieron gold project, as it closes in on its completion this week.
Northern Star Resources will expand its gold portfolio into the Pilbara, after striking a $5 billion deal to acquire market darling De Grey Mining and its flagship Hemi project.
Resolute Mining has executed a second payment of $US50 million to Mali’s junta government, following a protocol agreement signed by both parties on November 18.
Hastings Technology Metals has inked an early-stage deal to assess potentially building a rare earths downstream plant in Saudi Arabia, while maintaining its still looking at its WA option.
BGC has started construction on tens of millions of dollars’ worth of infrastructure in a bid to start producing “green cement” after inking a deal with a lithium heavyweight.
Copper and gold junior Carnaby Resources has announced plans to raise $17 million, in light of filing documents to acquire the Trekelano copper deposit in north-west Queensland.
Rio Tinto has substantially reduced the scale of two major iron ore projects in the Pilbara to progress environmental approvals and gain backing from traditional owners.
Liontown Resources' boss Tony Ottaviano says the state government’s lithium support package is a "broader menu to select from" but his first choice was always royalty relief.
Global Lithium’s commitment towards curbing costs and operational spending has continued, with chief financial officer Matthew Allen to be made redundant from the role next month.
The state government has committed up to $150 million to help the lithium industry but it comes months after several miners already scaled back their operations amid an unstable market.
Mineral exploration company Encounter Resources plans to raise $18 million to accelerate activities at its copper and rare earth element interests in both WA and Northern Territory.
Leo Lithium has announced that all conditions over the sale of its 40 per cent JV stake in Mali Lithium and the subsequent Goulamina lithium project have been met prior to completion.
