Yesterday
The photographer, the mother-in-law and Ellison’s lithium windfall
The Kali Metals IPO was a stroke of good fortune for the MinRes managing director and many of his friends and family. Now the regulator is taking a closer look.
This Month
Oaktree in talks to finance Sanjeev Gupta’s Tahmoor coal mine in NSW
Oaktree’s local dealmakers have put forward multiple funding proposals for Tahmoor while competing with one other party, understood to be White Oak.
Rio Tinto in $214m class action settlement over Mongolian mine
The mining giant will pay $213.7 million to settle one of the claims stemming from its problem child Oyu Tolgoi copper project.
AustralianSuper found another $60m behind the couch
The country’s largest super fund’s disclosure of more shares in Queensland coal producer Whitehaven came late to the market.
Award-winning journo disappeared for spruiking on HotCopper
Ross Dunkley admitted to posting anonymously about ASX-listed Auric, while working as the head of investor relations.
North American buyout firm storms bidding fray for New World Resources
Kinterra’s emergence comes four weeks after New World Resources entered into a $185 million scheme implementation deed with London-listed CAML.
WA gold explorer Meeka Metals launches $40m capital raise
Sole lead manager and bookrunner Petra Capital was rounding up investors at 15¢ a share on Tuesday morning.
BHP-Rio copper mega project in US gets environmental green light
Resolution Copper, a joint venture between the two mining giants, had been in limbo after the Biden administration rescinded an earlier approval.
MinRes to inject $150m into struggling lithium mine
The debt-heavy miner will match its Chinese partner’s loan to keep its Mt Marion operations afloat during a downturn for the metal.
The deal that could unlock Australia’s next mining hero
BHP’s Olympic Dam expansion could be Australian mining’s next big thing. A crucial piece of the puzzle just fell into place.
West African explorer Turaco Gold launches $60m raise
Broker syndicates are rounding up investors at 44¢ per share.
BHP and Rio’s hopes for carbon millions dashed by sceptical officials
The country’s two biggest miners wanted approval to generate lucrative credits for storing carbon in mineral waste and producing diesel from trees.
Greatland Gold finalises pricing for $490m-plus raising for ASX debut
The deal includes a $50 million raising from Greatland, and a simultaneous sale of 66.7 million shares from the world’s largest gold producer, Newmont Corporation.
Index shift at VanEck Gold Miners ETF causes ripples Down Under
One of the world’s oldest and largest gold miners ETFs is ditching 22 names from its fund amid an index shift.
Eyes on copper play New World Resources as price trades above bid
A buyer has been hunting for volume above acquirer Central Asia Metals’s 5¢ bid price.
Billionaire bust-up spells trouble for decades old mining empire
The two octogenarian founders of global commodities giant AMCI have had a bitter falling out, and it has paralysed one of Australia’s most successful miners.
Critical minerals IPO stars return with copper float
The mineral exploration syndicate behind the incredible success of WA1 Resources is back with new float Tali Resources.
Lithium miner Ioneer launches $25m capital raising
New shares will be issued at a 10¢ fixed price – a 13 per cent discount to the last traded price.
Fortescue’s hydrogen chief moves on in accelerating green energy pivot
The country’s third-largest iron ore producer has been shifting its priorities toward low emissions steel since announcing it would slow its push into hydrogen.
Australian rare earths miners join rush to Brazil
At least 13 small Australian miners are frantically trying their luck – and trying to raise money – to develop rare earths mines. But why are they choosing Brazilian projects rather than Australian?
West Arunta hopeful Tali Resources taps brokers for ASX listing
Tali’s tenements sit on the same patch of land in WA that helped ASX-listed WA1 Resources go from a tiddler to a near-$1 billion company.
Australian mining exploration falls to four-year low
Exploration spending fell to $643.52 million in the March quarter, as a sharp fall in lithium and nickel prices discouraged activity.
ASX-listed player backs uranium hopeful Neu Horizons; 2026 IPO tipped
Aura Energy will cornerstone Neu Horizons’ $2 million pre-IPO raising at a $7 million pre-money valuation, taking a minority interest in the company.
Lavish food and luxury? FIFO workers just want a good night’s sleep
That’s the finding of the most comprehensive study of workers in mining camps, which researchers hope will help resources giants keep staff happy.
Mongolia forces Rio Tinto into major engineering change at copper mine
The toxic relationship between Rio Tinto and Mongolia is affecting the daily operation of the Oyu Tolgoi mine after government delays forced a mine plan change.