September 2024
ESG fights for its place in mining sector’s sacred tome
For decades, the JORC code has been the little-known foundation upon which $544 billion in market value has been built. Now it’s getting a big shake-up.
- Peter Ker
July 2024
Giant farming co-op looks to exit flour mill partnership with Salim
Australia’s biggest co-op, farmer-controlled CBH, wants to sell its stake in a network of flour mills in South-East Asia owned with the Indonesian family.
- Brad Thompson
Copper boss in swipe at BHP after $393m Indonesian-led takeover bid
Indonesia’s billionaire Salim family has swooped on Australia’s biggest fully permitted copper project.
- Brad Thompson
February 2023
MacCap pounds pavement for copper miner Rex; flyers out
Macquarie Capital’s resources bankers are chasing a minority partner and offtaker for SA copper and gold developer Rex Minerals’s flagship project Hillside, mailing out flyers this week.
- Anthony Macdonald, Sarah Thompson and Kanika Sood
August 2021
Macquarie, Euroz in $50m placement for Rex Minerals
Copper hopeful Rex Minerals is seeking to raise $50 million in a placement via Macquarie and Euroz Hartleys.
- Anthony Macdonald and Yolanda Redrup
August 2020
Infant formula outfit Bubs launches raising for China JV
ASX-listed infant formula outfit Bubs Australia has launched an equity raising to fund its acquisition of a stake in a Chinese manufacturing facility.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
September 2014
FosterWheeler buyer AMEC not into Worley’s deal
AMEC, the London-based engineering group, has cast aside WorleyParsons as a potential merger partner as it prepares to use its $3.6 billion purchase of FosterWheeler to expand globally.
- Updated
- Jenny Wiggins
August 2014
Rex Minerals chief resigns as Hillside copper project struggles
Rex Minerals proposed Hillside copper project on South Australia’s Yorke Peninsula is in turmoil after the immediate resignation of managing director Mr Mark Parry and the announcement that the scope of the feasibility study for the project needs to be widened.
- Updated
- Scott Parker
May 2014
Korea’s Hyundai on course for Hillside build cost
The managing director of Rex Minerals, which is striving to develop the $850 million Hillside copper project, says he’s expecting to have a string of important milestones to announce over the next six to eight weeks including a fixed price for the overall construction cost from Korean conglomerate Hyundai.
- Simon Evans
March 2014
Rex ready for Hillside with $12.6m raised
Rex Minerals has raised $12.6 million in a two-tranche placement at 40¢ per share to institutional investors for working capital, ahead of a major financing and debt package later this year for its $850 million Hillside copper project in South Australia.
- Updated
- Simon Evans
February 2014
Mining downturn a plus for $850m Rex project
More than 20 ASX-listed and private mining contracting companies are vying to be part of Rex Minerals’ planned $850 million Hillside copper project in South Australia.
- Updated
- Simon Evans
June 2013
Rex Minerals edges closer to $550m Hillside mine
Rex Minerals has enlisted companies from China and Perth to help it fund and build the new Hillside mine on South Australia’s Yorke Peninsula.
- Luke Forrestal
September 2012
Talga Gold in crosshairs of UOSM
Talga Gold’s share price hasn’t taken off quite like fellow graphite explorer Syrah Resources, but it jumped with the announcement of a new substantial shareholder.
- Updated
- Sarah Thompson and Anthony Macdonald
November 2011
Afternoon resources round-up
PanAust, Metminco, Avanco Resources, Antares Energy, Whinnen Resources, Continental Coal, Encounter Resources, Cougar Energy, Central Petroleum, Rex Minerals, ABM Resources, Drillsearch Energy, Santos, Beach Energy, Origin Energy, GBM Resources
- Updated
October 2011
Rex’s mettle a magnet for suitor
Offshore investors eager to snap up Australian mining assets may take a closer look at Rex Minerals after it announced plans to expand its Hillside copper project.
- Updated
- Sarah Thompson, Christine Lacy and Stephen Shore
October 2010
Rex Minerals launches capital raising
Rex Minerals is looking to tap the market for $85 million via a two tranche placement at $2.50 a share.
- Updated
- Nabila Ahmed and Sarah Thompson
August 2010
Cudeco doesn’t make the grade
Utter disappointment has been the investor reaction to a long-awaited resource upgrade at its Rocklands copper project.
- Updated
- Sarah Thompson and Nabila Ahmed
July 2010
Copper find puts Rex on the radar
The 100m tonne copper and gold resource has MD Steve Olsen suggesting Hillside could one day rival Olympic Dam.
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FED:Rex talks up copper project potential
Rex Minerals Ltd says its Hillside project in South Australia could become one of Australia's largest copper mines.
Chance to inspect Rex
Questions about Rex Minerals’ potential to develop into the next big thing in Australian copper will, to some extent, be answered today.
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- Luke Forrestal