Australian rare earths miner Lynas Corporation has managed to log positive free cashflow for the third straight quarter, despite difficult market conditions in which prices dropped to historic lows.
Gold has firmed as stock markets rose towards two-year highs on political moves to break a budget impasse in the United States and the euro steadied as the first euro zone finance ministers' meeting of the year got underway. Expectations that the Bank ...
Gold futures have eased as investors weighed whether the European Union's latest crisis-fighting plan would soon ease the pressure on the bloc's banking system. Gold futures had surged along with the euro and other commodities, rising 3.5 per cent afte...
The largest agricultural sector deal in years has taken one step closer to completion, as shareholders of Canadian grain handler Viterra Inc have voted strongly in favour of a friendly takeover offer by Swiss commodities trader Glencore International Plc.
West Australian Premier Colin Barnett has slammed the federal government's mining tax, calling it discriminatory and an example of the commonwealth trying to hold back the advance of his state.
Linc Energy Ltd has dismissed media speculation that is has found a buyer for its Teresa coal settlement in Queensland, stating that it has not entered in to any binding deals on the asset. Linc shares soared over 20 per cent late last week, amid media...
The securities of Paynes Find Gold will be placed in trading halt session state, at the request of the company, until the earlier of the commencement of normal trading on Monday, 17 October 2011 or when the announcement is released to the market. Sourc...
Realm Resources announced that it has completed the acquisition of Kalres and through Kalres acquired 51% of PT Katingan Ria, an advanced thermal coal exploration project located in Central Kalimantan, Indonesia, for a total transaction value of US$12.6m.
Australian Mines Ltd announced a binding Tenement Purchase Agreement has now been executed for the acquisition of the Mt Martin Gold Mine and its associated leases by HBJ Minerals Pty Ltd, a wholly owned subsidiary of Alacer Gold Corp.
Perseus Mining Ltd in an update on commissioning at its Edikan gold mine in Ghana said the process plant is currently achieving increasing rates of utilisation (87%) and mill throughput rates have recently been tested to 730t/hr for short periods on fresh/transition ore blends.