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Further funding cuts lead times for QLD exploration

The Queensland Government has awarded 16 companies with a share in over $2.5 million for the fifth round of its Collaborative Exploration Initiative (CEI). A total of 18 projects across 16 Queensland companies received funding which aims to develop the state’s showing...

OZ creates value, relationships in South Australia

The Prominent Hill operation at night. Image: OZ Minerals OZ Minerals has trialled hydrogen direct injection for improved drill rig efficiency at its Prominent Hill copper-gold mine in South Australia, among other enhancements to its operations. The trial was in...

FLSmidth splashes out for thyssenkrupp mining business

FLSmidth has agreed to purchase thyssenkrupp’s Mining Technologies business (TK Mining) for €325 million ($522.28 million) to create a pit-to-plant technology solution with a sustainable focus. The deal was highly amenable as both companies had complementary interests...

Bluejay Mining to sell projects in Finland for $7m

Bluejay Mining has agreed to sell its Paltamo and Rautavaara nickel, zinc, copper and cobalt projects in Finland to Metals One for £4 million ($7 million) in cash and shares. The explorer and developer is not fully walking away from the assets, as the deal makes it a...

Allegiance raises A$30m for Alabama coal buy

ASX-listed Allegiance Coal will acquire US-based family owned Black Warrior Minerals (BWM), which owns the BWM mine in Alabama, having completed a A$30-million capital raise. Under the terms of the agreement, Allegiance would purchase the BWM mine for $4-million in...