Valence Industries to kick off 2014 IPO market

On Monday, a $6.7 million float from Valence Industries, formerly Strategic Graphite, priced at 20¢ per share will kick off the initial public offering market for 2014.

• Updated Jan 6, 2014
• Sally Rose

• Iron ore

SA miners sweat on port approvals

A new iron ore export trade of 50 million tonnes a year from South Australia hinges on state government approval of two port developments to service new mine projects.

• Updated Feb 26, 2011
• Dan Hall

Brief: Lincoln Minerals

Lincoln Minerals has signed a coordination agreement with Centrex Metals over exploration and mining licences on Eyre Peninsula.

• Apr 20, 2010

Mining minnow soars after sale of copper project

Perilya (PEM)

• Sep 12, 2008
• Ayesha de Kretser

• Market Wrap

Taking Stock

WATTYL

• May 21, 2008
• Patrick Commins, Gabriella Hold, Nina Wan and Peter Wells

Lincoln Minerals (LML)

News that Indian iron ore miner Mineral Enterprises plans to substantially increase its stake in Lincoln Minerals sent the Australian company's shares rocketing 13 per cent higher on Monday. Mineral Enterprises will increase its holding in the junior explorer from 4.7 per cent to 19.99 per cent by partially underwriting a $4.9 million capital raising. The Indian miner will also raise its stake in Lincoln Mineral's flagship Gum Flat iron ore project in South Australia to 50 per cent by providing a further $2 million in project finance. Gum Flat is one of a range of miner's iron ore, nickel and uranium exploration projects across the state's Eyre Peninsula. The stock has lost almost a fifth of its value this year, with most of the damage done in the first two weeks of January. The share price hit a year-to-date high of 30¢ early in the year, before plunging to 22¢ on January 16. The company has traded sideways since then.

• May 20, 2008
• Patrick Commins