Gold producer Asante Gold has secured $470-million in credit and equity commitments, laying the foundation for a financing package that will fund its growth ambitions and recapitalise its balance sheet. The commitments include a $175-million package from private funds...
NeoSmelt has welcomed Federal Government support and two new joint venture participants as it progresses its ironmaking electric smelting furnace (ESF) pilot plant. The consortium – founded by BlueScope, BHP and Rio Tinto – has been joined by Woodside Energy and...
Lynas Rare Earths has achieved first production of separated terbium oxide from its advanced materials facility in Malaysia, levelling up the company’s heavy rare earths capabilities. “Lynas is delighted to have achieved first production of terbium oxide at the Lynas...
For over a century, coal has been extracted from the Arctic mountainsides of Svalbard. Shortly, the chapter will be closed as the Norwegian coal operations come to a halt with the closure of Mine 7 at the end of this month. The mining operations have played a...
Mineral Resources (MinRes) is set to invest $150 million into the Mt Marion lithium project as it faces prolonged market weakness. The funds will be matched by joint venture partner Ganfeng Lithium, which confirmed the investment in a filing to The Stock Exchange of...
