Astro Resources plans to spin-off diamond assets
The spin-off is planned to be carried out in the form of an IPO on the ASX.
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Could Merlin be forever? The new issue of MINE Australia is out now
In this issue: Australia’s newest diamond mine, South Korean critical minerals, and the potential of the Northern Territory.
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Lithium Power to demerge Western Australian lithium assets
Upon demerging, the company intends to focus on developing its Maricunga Lithium Brine Project in Chile.
Kazakhstan President orders mining companies to pay higher taxes
The government’s extraction of higher revenues is intended to reflect the profits gained from higher metals prices.
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Rio Tinto orders four battery-electric locomotives for Pilbara operations
The order forms part of Rio Tinto’s aim to reduce its Scope 1 and 2 carbon emissions by 50% by…
Lycopodium selected for Indonesia’s Batu Hijau Plant expansion project
The Batu Hijau open-pit copper-gold mine is said to be the country’s second largest copper and gold mine.
Shree Minerals to sell stake in Arunta JV to MetalsGrove Mining
Shree intends to focus on its existing high-priority exploration targets in New South Wales and Western Australia.
Stanmore receives debt facility to fund BHP Mitsui Coal deal
The debt facility will mature five years from first utilisation and be guaranteed and secured against all of Stanmore assets.