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Metso Outotec wins Lynas rare earths contract

Lynas Corporation has signalled the start of development of its Kalgoorlie rare earths processing plant in Western Australia by awarding a contract to Metso Outotec. The newly-merged company will supply the processing plant’s kiln – the largest and longest lead time...

Nordgold makes new offer for Cardinal

West Africa-focused gold explorer Cardinal Resources on Wednesday urged shareholders not to act on a competing takeover offer from producer Nordgold. Nordgold earlier on Wednesday made an on-market takeover offer for Cardinal offering 66c in cash for each share...

Matador Mining about to begin extensive drilling

The company will simultaneously begin a two-year greenfield exploration program aimed at systematically targeting and testing new areas to generate a pipeline of future drill targets and deposits. Shares have been as much as 14% higher to a new record of A$0.455...