Strandline Resources

Strandline Resources has boosted its coffers with a $3 million capital raising to fund development its mineral sands projects in Tanzania and Western Australia.

Strandline Resources has raised $5.5 million via a share placement, with the proceeds set to advance its Coburn mineral sands project.

Technology Metals Australia and Strandline Resources both announced their flagship Western Australian projects have reached the due diligence phase of the Northern Australian Infrastructure Facility funding assessment process.

Woodside Petroleum and power contractor EDL will team up for a 27-megawatt gas and renewable microgrid to be built at Strandline Resource’s Coburn mineral sands project, which will include trucked LNG.

Uranium miner Paladin Energy has appointed experienced mining directors Peter Watson and Peter Main to the board, while three non-executive directors have stepped down from their roles.

Mineral sands company Strandline Resources is raising $6.5 million through a share placement and fully-underwritten rights issue to accelerate work at its flagship Coburn project in Western Australia.

Strandline Resources has completed a raising announced in January, while Southern Gold has cut the size and pricing of a planned capital raising.

Strandline Resources is on track to develop its first project in Tanzania after signing a $US26 million ($A43 million) finance facility agreement with an Africa-based lender.

Strandline Resources has secured two thirds of revenue for its Coburn mineral sands project in Western Australia after signing three binding offtake agreements with international companies.

The big iron ore miners are thinking about what’s next in the pipeline after projects such as South Flank and Koodaideri.

Strandline Resources has secured a major portion of capital costs for its Coburn mineral sands project, with the Northern Australia Infrastructure Facility (NAIF) to provide up to $150 million in funding.

Mineral sands company Strandline Resources has made further progress on its Coburn project in Western Australia, having contracted Macmahon Holdings to complete road access and bulk earthworks.

Strandline Resources has made further progress on its mineral sands project in Western Australia, having launched an $18.5 million capital raise to begin early construction works.

Strandline Resources has appointed Primero Group as preferred proponent to design and build processing infrastructure at its Coburn mineral sands project.

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.

Strandline Resources says it has secured more than 90 per cent of the forecast revenue for its Coburn mineral sands project in WA, after signing a new offtake agreement with a UK customer.

Strandline Resources has the debt funding it requires for its Coburn mineral sands project after securing about $80 million from a senior secured bond issue.

Profit-seeking projects, rather than community infrastructure, have attracted concessions through the Northern Australian Infrastructure Facility, amid questions over public benefit.

Strandline Resources will ramp-up construction of its $260 million Coburn mineral sands project in WA using funds raised from a share placement and rights issue.

Strandline Resources has confirmed a 10-year LNG supply agreement to power its $260 million Coburn mineral sands development in WA.

Strandline Resources has contracted Primero Group, now a wholly owned subsidiary of NRW Holdings, to build processing facilities for the $260 million Coburn mineral sands project in WA.

Strandline Resources will proceed with the development of its $338 million Coburn mineral sands project in WA's Gascoyne region, set to unlock 300 jobs during construction.

Agrimin has signed a major offtake deal for its Mackay SOP project in the Pilbara, while mineral sands company Strandline Resources secured further sales from its Coburn development.

Strandline Resources has signed a seven-year agreement with Welshpool-based contractor Mine Site Construction Services to progress its $338 million Coburn mineral sands project.

Strandline Resources’ shares rose 7 per cent this afternoon, as the company and two other WA-based junior miners finalise agreements with the Tanzanian government.

A dispute over a construction contract on the $338 million Coburn Mineral Sands Project has escalated to the Supreme Court of Western Australia.

Minerals explorer Centaurus Metals is tapping investors for a further $47 million to complete a definitive feasibility study for its project in Brazil.

Strandline Resources has announced plans to sell its Tanzanian assets to China-based Ganzhou Chenguang Rare Earths New Material Company in a $43 million consideration package.

Restructuring specialists have been called in to sell or recapitalise taxpayer-backed Strandline Resources, after the mineral sands miner failed to secure a critical funding deal.

There were 34 insolvency appointments to Western-Australian-incorporated companies in the past fortnight.