The share price of ASX-listed junior Magmatic Resources jumped more than 50% on Friday as the company announced a farm-in and joint venture agreement with iron-ore major Fortescue Metals. The agreement covers exploration of the Myall project, in New...
Diversified mining company African Rainbow Minerals (ARM) on Friday declared an interim dividend for the six months ended December 31, when ARM had net cash of R7.9-billion. The interim dividend of R6 a share is well down on the R14 a share declared in the...
Federal Resources Minister Madeleine King has reportedly met with US Pentagon representatives earlier this week to discuss both governments co-investing in an Australian nickel project. King is currently visiting Canada and the US to engage in...
Magmatic Resources and Fortescue have executed a farm-in and joint venture (JV) agreement at the Myall copper-gold project in New South Wales. The agreement will see Fortescue spend up to $14 million over six years to earn up to 75 per cent joint venture interest in...
Australia has joined the US in elevating its diplomatic ties with Vietnam to the highest level as Canberra moves to strengthen links across the Asia Pacific against a backdrop of China’s rising regional influence. Prime...
China’s raw materials purchases surged in the first two months of the year, as importers took advantage of weaker prices for some commodities and prepared for more stimulus from Beijing to lift demand. Imports of most industrial commodities handily beat their levels...
