Bellevue Gold’s stage two feasibility at its namesake project in Western Australia has positioned the site to become one of the world’s top operations in grade, production and financial performance.
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AIC Mines has agreed to buy the Eloise copper mine in North Queensland from FMR Investments for $27 million, transforming the explorer into a producer.
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BHP remains confident that its C$325 million ($350 million) takeover bid to acquire Noront Resources is stronger than the offer made by Andrew Forrest’s Wyloo Metals on Monday.
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IGO has upped its profits to $549 million for the 2020-21 financial year following the company’s divestment of its Tropicana gold mine interest and successful capital raising.
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Element 25 has shipped its second load of manganese concentrate from the Butcherbird project in Western Australia, setting the stage for it to move to larger shipments to capitalise on shipping tariffs.
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Wyloo Metals has ramped up a bidding war against BHP for the acquisition of Canada’s Noront Resources with a significantly upgraded offer of $C0.70 ($0.76) per share for the target.
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Mineral exploration expenditure has increased by 33 per cent in the year to June 2021, according to the data from the Australian Bureau of Statistics (ABS). Read More