Exploration and development company Moab Minerals on Tuesday announced the “transformational” acquisition of a portfolio of advanced uranium assets in Tanzania. The company entered into a binding share sale agreement for the acquisition of 81.85% of the shares in...
BHP president Australia Geraldine Slattery told the Australian Financial Review (AFR) business summit the mining industry needs to “recapture” its competitiveness. Slattery emphasised the Australian mining sector operates in a global economic context – one that “is...
Pilbara Minerals has signed a new offtake agreement with Sichuan Yahua Industrial Group Co. (Yahua) for the supply of spodumene concentrate from the Pilgangoora lithium operation in Port Hedland, Western Australia. The offtake agreement will begin in 2024 and is for a...
ron-ore slumped almost 5% — heading toward the $110 a ton mark — as disappointing demand in China left the market lumbered with bulging inventories. The steelmaking material has tumbled by almost a quarter from a peak in early January as China’s real estate and...
Gold rose toward a record on expectations the US Federal Reserve will move to cut interest rates this year as inflation cools. Bullion for immediate delivery edged higher on Monday after rallying almost 5% last week, setting a nominal high on four successive days....
