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Companies

Mining

Yesterday

Street Talk.

Lithium, gold explorer Alchemy Resources in share placement

Northern Star-backed listed explorer Alchemy Resources was asking investors to chip in $4 million on Friday to keep exploration ticking along at its WA and NSW projects.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood

This Month

Rio Tinto chief executive, Australia, Kellie Parker is opposed to any mining at Jabiluka.

Rio prevails in Jabiluka stoush as ERA directors agree to exit

Energy Resources Australia’s independent directors have resigned in the face of pressure from majority shareholder Rio Tinto and traditional owners at Jabiluka.

  • Brad Thompson
Graphite’s used in electric vehicles.

Listed graphite play Talga in $20m placement

Listed battery materials play Talga Group had Euroz Hartleys and Morgan Stanley drumming up interest in a $20 million share placement on Thursday morning.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
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Battery metals, LNG push WA resources to record $231b sales

Jobs in the WA resources sector reach all-time high as sales records continue to tumble.

  • Brad Thompson
Street Talk.

Allegiance Coal in $33.6m rights issue at 42pc discount

Listed coal producer Allegiance Coal was asking investors to tip in $33.6 million on Wednesday morning to fund working capital as it refurbishes its Black Warrior and New Elk Mines.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
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Street Talk.

De Grey chases $130m equity at $1/sh

De Grey Mining is seeking to make the most of its newfound corporate interest, tapping shareholders for $120 million in fresh funds. 

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
ERA chairman Peter Mansell is digging in.

Traditional owners say ERA chairman must go now

The Mirarr people, determined to protect Jabiluka from uranium mining, have backed Rio Tinto’s calls for Energy Resources Australia chairman Peter Mansell to resign.

  • Brad Thompson

Gas, coal and lithium boom to drive export record

The value of Australia’s resource exports has more than doubled over the past five years and a fresh high is predicted for the year ahead.

  • Peter Ker
The Ranger uranium mine in the Northern Territory owned by ERA.

ERA board undone by Jabiluka madness

It’s all happening at Energy Resources of Australia, the perennial plaything of Rio Tinto.

  • Joe Aston
Rio Tinto chief executive, Australia, Kellie Parker is opposed to any mining at Jabiluka.

ERA chairman refuses to buckle to Rio pressure over Jabiluka

Energy Resources Australia has disputed claims by top Rio Tinto executive Kellie Parker, and its chairman Peter Mansell is refusing to bow to Rio pressure to stand down.

  • Brad Thompson
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Ballarat gold mine grinds to a halt as tailings dam fills

Gold production at the Ballarat gold mine reduced to a trickle last week after the Victorian government was notified that tailings dams were almost full.

  • Peter Ker
Fortescue Metals Group executive chairman Andrew Forrest.

Forrest defends green ambitions amid analyst doubts

The Fortescue Metals Group founder and executive chairman has taken umbrage because some analysts aren’t drinking what one describes as green-flavoured Kool Aid.

  • Brad Thompson

September

Perth-based fund manager Willy Packer says Rio Tinto should sell it stake in Energy resources Australia.

ERA shareholder calls Rio’s bluff on Jabiluka uranium mining

Rio Tinto should sell out of Energy Resources Australia if it can’t see a future in uranium mining at Jabiluka, according to Willy Packer, whose fund holds 8pc.

  • Brad Thompson
Kaylah Kelaher, 33, a one-time FIFO mines worker who grew up in Wee Waa.

The regional towns riding high on a rare boom

Gunnedah and Narrabri in north-western NSW are sharing in an unexpected combination of a mining and agriculture purple patch.

  • Samantha Hutchinson

Sandfire boss Simich calls time

The copper miner’s chief executive of 14 years, Karl Simich, will depart just months after the exit of a chairman who had served 12 years at the top

  • Peter Ker
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New Core Lithium chief executive Gareth Manderson, who joined in August after more than 20 years at Rio Tinto wants to be producing lithium by the end of the year.

Core Lithium launches $100m placement; Canaccord on ticket

Core Lithium has launched a $100 million share placement as its Finniss project heads towards production and Chinese backer Gangfeng trims its shareholding.

  • Anthony Macdonald, Sarah Thompson and Kanika Sood
Wiluna’s told suitors it could produce 200,000 ounces of gold a year, which would be nearly double of the 110,000 to 120,000 ounces that it was targeting by end of the year before it ran out of money.

Amicaa rejigs Wiluna timetable

Sell-side adviser Amicaa has given tyrekickers another month to line up their bids for listed WA gold play Wiluna Mining.

  • Yolanda Redrup, Sarah Thompson, Kanika Sood and Anthony Macdonald
Rio Tinto chief executive, Australia, Kellie Parker is opposed to any mining at Jabiluka.

Rio comes out swinging over Jabiluka uranium deposit

Rio Tinto has blasted Energy Resources Australia over suggestions the Jabiluka uranium deposit could one day be mined despite fierce opposition from traditional owners.

  • Brad Thompson
Red 5 wants fresh funds for production ramp up.

WA gold producer Red 5 in $60m share placement

Listed gold play Red 5 Limited was fronting investors with a $60 million single-tranche placement on Thursday morning for work at its King of the Hill project in Western Australia. 

  • Yolanda Redrup, Sarah Thompson, Kanika Sood and Anthony Macdonald
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Rio minerals boss compares lithium to diamonds

Sinead Kaufman says the firm will move downstream in lithium because it is unrealistic to think the key battery ingredient can be mined and sold like a bulk commodity.

  • Brad Thompson