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Exploration activities continue to grow

Mineral exploration statistics for the June 2022 quarter, released by the Australian Bureau of Statistics (ABS), have shown an increase in exploration across Australia. Exploration expenditure across Australia increased by 23.18 per cent, up by $198.3...

MACA founders accept Thiess takeover offer

Thiess’ acquisition of contracting group MACA is almost done and dusted. The founding shareholders of MACA, including Geoff Baker, Frank Maher and James Moore, have entered into written acceptance deeds with Thiess after the offer price for its off-market...

Magnets producer attracts Wyloo investment

Hastings’ Yangibana project in WA. Wyloo Metals has announced a $150 million cornerstone investment in Australian rare earths developer Hastings Technology. Hastings aims to become the world’s next producer of neodymium and praseodymium concentrate used in the...