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Eagle Mountain raises cash for Arizona exploration

ASX-listed Eagle Mountain Mining will raise up to A$6-million in a share placement to fund exploration work at Oracle Ridge copper project, in Arizona. The company has received firm commitments for the placement of 30.3-million shares, at a price of 16.5c each, to...

Pilbara iron suitable for low-carbon steel

Rio Tinto has proven the effectiveness of its low-carbon iron-making process using ores from its mines in Australia in a small-scale pilot plant in Germany. The miner is now planning the development of a larger-scale pilot plant to further assess...

Fortescue executive bonuses tied to emissions targets

Fortescue’s advertisement in the New York Times. Fortescue Metals Group will link its executive bonuses to climate change targets as it pushes strongly towards its decarbonisation goals. Addressing the company’s annual general meeting in Perth, executive...

Arizona starts DFS at Big Sandy

Lithium hopeful Arizona Lithium has started a definitive feasibility study (DFS) on its Big Sandy project, in the US. The DFS followed a scoping study that was completed in October, which confirmed Big Sandy as being well positioned to become a long-term lithium...