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Strike at Mexico gold mine costs Newmont $3.7m a day

Strike at Mexico gold mine costs Newmont $3.7m a day

The operator of Mexico’s largest gold mine says it is losing millions of dollars a day on a strike that has dragged on for months. Newmont, the world’s largest bullion producer, pegged the financial impact of the dispute at its Penasquito mine at $1-million a day in...
Albemarle takes another run at Liontown

Albemarle takes another run at Liontown

US critical minerals major Albemarle has confirmed a A$6.6-billion bid to acquire ASX-listed Liontown Resources. Liontown on Monday announced that it had received a revised conditional and non-binding indicative proposal from Albemarle, which was offering A$3 a...
Mineral exploration sets record

Mineral exploration sets record

Australian mineral exploration is at an all-time record high, according to new data released by the Australia Bureau of Statistics (ABS). Mineral exploration rose by 19.4 per cent to $207 million, up from $174 million. Greenfields exploration also rose to $318.3...
WA looks to greener future with Indonesia

WA looks to greener future with Indonesia

Western Australian Premier Roger Cook addressed the WA-Indonesia Energy Forum in Jakarta yesterday while on the Invest and Trade WA Indonesia Connect Roadshow. The forum brings together WA energy delegates and Indonesian stakeholders to discuss each market’s...
MinRes to acquire Bald Hill

MinRes to acquire Bald Hill

Mineral Resources (MinRes) has entered into an implementation agreement to acquire the Bald Hill lithium mine in WA. Bald Hill, located 50km south east of Kambalda, is owned by a subsidiary of Alita Resources. Alita went into administration in December 2020 and...
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