Yesterday
Lynas lobs 11th-hour attempt to overturn ban in Malaysia
The world’s largest producer of rare earths outside China will go to court next week to challenge the processing ban levelled by Malaysian authorities.
- Updated
- Elouise Fowler
Whitehaven pushes ahead with smaller, swifter Vickery coal mine
The miner will start construction on a small version of its Vickery coal project in NSW by June in a bid to capture high coal prices while they last.
- Peter Ker
BHP iron ore, nickel output slump
BHP has reported its weakest quarterly iron ore exports in two years as it also cut its nickel production target.
- Peter Ker
This Month
Evolution downgrades Canadian gold mine
Australian miners have struggled to deliver on the wave of North American gold acquisitions made in 2018 and 2019 and Evolution continued that trend on Thursday.
- Elouise Fowler and Peter Ker
Lithium takeover scuppered by MinRes billionaire Ellison
Rich lister Chris Ellison has successfully thwarted IGO and Tianqi’s $136 million plan to acquire lithium explorer Essential Metals.
- Peter Ker
MinRes votes against IGO’s bid for Essential Metals, scheme fails
The Chris Ellison led company has voted its 19.55 per cent stake against a 50¢ per share takeover for the lithium junior, flattening out the scheme vote.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Rio Tinto smashes iron ore export record
Australia’s biggest iron ore exporter shipped 16 per cent more over the past three months, in a fresh sign its most important division has turned a corner.
- Updated
- Peter Ker
Lynas says shared infrastructure will stoke critical minerals sector
Lynas boss Amanda Lacaze says the railway wars of the iron ore boom can’t be repeated if the Australian government wants the critical minerals sector to thrive
- Peter Ker
WA lead, silver developer Galena Mining raising $18m at 35pc discount
Galena Mining, which is developing a lead silver project in WA’s Gascoyne region, has launched an $18 million placement as its costs blow out and production dips.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
Forrest is just days away from control of Mincor
Andrew Forrest’s family company should get control of the nickel miner in days. The question is, what will BHP do about it?
- Anthony Macdonald
Gold miner Regis sinks on production hiccup, squanders tax windfall
Shares in Regis Resources sank 11 per cent after the company snipped its full-year production guidance.
- Updated
- Elouise Fowler
OZ Minerals boss Andrew Cole won’t follow his mines to BHP
The company’s shares are expected to trade for the last time on Tuesday, when the copper miner will submit the court orders supporting the transaction.
- Peter Ker
Caspin Resources shareholders out $20m on BHP-OZ Minerals deal
The ASX-listed group is the rump of a company that once owned a half stake in the West Musgrave nickel and copper project now held by the mining giant.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Aura Group shops stake in Lannock Strata Finance
The company lends to body corporates that need to pay for remediation or improvements that may fall outside the remit of insurance coverage.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Anacacia’s RP Infrastructure picks up Ranbury in bolt-on deal
The combined businesses would have more than $100 million revenue and 300-plus employees across five offices on the eastern seaboard.
- Sarah Thompson, Kanika Sood and Emma Rapaport
AustralianSuper backs Genesis-led goldfields consolidation play
St Barbara will sell its flagship Gwalia mine in exchange for $370 million of cash and a shareholding that will be between 15 per cent and 19.9 per cent.
- Peter Ker and Elouise Fowler
Virgin Australia cancels local IPO meetings, expected to reschedule
Bain Capital’s big IPO candidate Virgin Australia has cancelled this week’s one-on-one meetings with deep-pocketed institutional investors as well as group presentations to fundies, telling them it would look to reschedule.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Lithium play Latin Resources raising $30m
Listed lithium explorer Latin Resources Limited was drumming up investors for a $30 million placement on Monday morning to spend at its Brazilian project.
- Sarah Thompson, Kanika Sood and Emma Rapaport
We’re a ‘like-minded foreign investor’, Chinese lithium miner says
Tianqi wants Canberra to consider it a “like-minded” investor as the government mulls whether to take a hardline stance on Chinese involvement in the sector.
- Peter Ker
St Barbara, Genesis Minerals recut deal, eyes on overseas assets
Raleigh Finalyson-led WA gold developer Genesis Minerals has killed its pre-Christmas scrip merger with neighbouring miner St Barbara and pivoted to a $600 million acquisition of the latter’s WA assets.
- Sarah Thompson, Kanika Sood and Emma Rapaport
