SPINIFEX: For a company with the biggest undeveloped copper project in Australia just 120 north-east of Perth, Caravel Minerals has kept a low profile.
Medallion Metals has locked in $4.8 million in a placement to fund a further 13,000 metres of drilling at its Ravensthorpe gold project.
Commodities giant Glencore will sell its Ernest Henry copper and gold mine at Mount Isa to Evolution Mining for $1 billion
Tim Goyder is poised to become WA’s newest mining billionaire after shares in Chalice Mining soared on the back of what has been described as the biggest platinum-group elements find in Australian history.
The gold and copper spin-off of Bryah Resources, Star Minerals, has had a solid start to life as a publicly listed entity following its ASX debut.
South32 boss Graham Kerr says the $US2.05 billion purchase of a non-controlling stake in a Chilean copper mine is part of a repositioning of the company towards metals of the future.
Sandfire Resources is set for a windfall profit as it unloads its stake in Adriatic Metals ahead of a period of heavy capital spending for the copper miner.
Newcrest Mining managing director Sandeep Biswas has played down the impact of labour shortages on the company’s Australian organic growth projects.
Stuart McKinnon and Daniel Newell
BHP is reportedly in talks about buying into a project in the Democratic Republic of the Congo, marking a dramatic departure from its policy of shunning risky jurisdictions.
Thomas Biesheuvel and James Attwood
Shares in explorer AuKing Mining surged after the company hit thick copper intersections while drilling at its Koongie Park farm-in project in the Kimberley.
Aspiring Julimar district exploration play Dalaroo Metals has enjoyed a strong ASX debut closing its first trading day up 45 per cent on its issue price.
Charlie Bass-led, US-focused explorer plans to continue at aggressive drilling campaign at its Oracle Ridge copper project in Arizona.
Sandfire Resources is understood to have been swamped with interest in a $1.26b equity raising for the MATSA copper-zinc mine in Spain despite a mixed reaction from analysts.
The Karl Simich-led Sandfire Resources looks set to avoid a looming gap in its production profile via a big acquisition of an operating copper mine in Spain.
Sandfire Resources has released a maiden ore reserve for its A4 copper deposit in Botswana that will lay the foundations for an expansion of its Motheo copper project.
Rio Tinto and BHP’s bid to develop a massive US copper mine — that could potentially satisfy a quarter of the county’s demand for the red metal for up to 40 years — has been thrown into doubt.
BHP is joining forces to explore for metals crucial to the energy transition with a start-up backed by a group of tycoons including Jeff Bezos and Bill Gates.
Sandfire Resources will expedite a study on its Old Highway gold deposit to minimise a looming production gap at its flagship DeGrussa project near Meekatharra.
Coda Minerals is eyeing a big IOCG prize at its Elizabeth Creek project in South Australia.
Two prominent Perth businessmen leading a new South Australia-focused exploration float hope to drill their first holes before Christmas, pending a successful capital raising.
Danielle Le Messurier
The Tony Rovira-led company says it will continue drilling to shore-up its base metals joint venture project, which operates as a joint venture with the Creasy Group.
SPINIFEX: Alkane eyes open pit potential at exciting Boda gold discovery in NSW after high-grade hits at surface.
Metals markets have been particularly pressured by ongoing concerns about growth in top consumer China and worries that the Federal Reserve may soon start curbing massive stimulus.
Yvonne Yue Li and Annie Lee
Higher gold prices have helped the Jake Klein-led miner offset lower production levels and extra labour and contractor costs to deliver a record full-year profit.
© West Australian Newspapers Limited 2021