BHP’s profit increases in 2022 on higher commodity prices
The firm’s profit from operations climbed to $34.1bn in 2022 from $25.5bn a year ago.
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Stanmore signs $380m deal to buy Queensland coal venture
The deal to buy the remaining stake in Stanmore SMC forms part of Stanmore’s efforts to develop existing operations.
Impact to offload 75% stake in Commonwealth metals project
Impact will hold a 19.9% stake in Burrendong, with the two firms owning the Commonwealth project under a JV.
Chalice Mining purchases securities of Currie Rose Resources
Chalice acquired 12.5 million common shares in the capital and four million common share purchase warrants of Currie Rose.
OZ Minerals rejects BHP’s $5.8bn takeover offer
OZ Minerals said that the non-binding indicative offer from BHP undervalues the nickel and copper miner.
Rio Tinto’s big energy project attracts multiple bidders
The company seeks to offset its power consumption with a massive renewable plant.
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New Hope purchases Malabar Resources stake for $65.2m
The acquisition forms part of New Hope’s efforts to boost its coal business amid rising commodity prices.
Lynas plans $345m investment to expand Australian rare earths project
The firm expects to increase Mt Weld mine’s feedstock production capacity of NdPr to 12,000tpa.