ASX-listed Minbos Resources is looking to raise A$7.3-million in a share placement to sophisticated investors to fully fund the definitive feasibility study and accelerate work at its Cabinda phosphate project, in Angola.
ASX-listed Hastings Technology Metals has launched a A$57.2-million capital raise to advance its Yangibana rare earths project, in Western Australia.
Nongovernmental organisation Greenpeace Africa has called on Environment, Forestry and Fisheries Minister Barbara Creecy to revise the weakening of the minimum emission standards (MES) to avoid further air pollution.
ASX-listed Jadar Resources has executed a A$10-million finance facility with Mint Capital Advisors to fund exploration activities at its existing projects, particularly in Peru and Mexico.
Junior explorer Province Resources has struck an agreement to potentially acquire seven exploration licenses in Western Australia that are prospective for salt, potash and mineral sands, and could be suitable for the development of a renewable green hydrogen project.
ASX-listed Ionic Rare Earths will raise A$12-million in a share placement, priced at 4c each to both new and existing institutional shareholders.
The company on Wednesday announced that it had received binding commitments for the placement of 300-million shares at an issue price of 4c each, representing a 7% discount to Ionic’s ten-day volume weighted average share price.
Diversified major Teck Resources on Tuesday reported that commissioning was under way at its Elkview saturated rock fill (SRF) expansion, which doubles the water treatment facility’s capacity to 20-million litres a day of water.
Construction was completed in late 2020 and the facility is now commissioning to ramp up to achieve 100% of design targets.
The falling coal prices in the first half of the 2021 financial year has seen ASX-listed Whitehaven Coal swing to a loss in the six months under review.
Whitehaven on Wednesday reported a net loss after tax of A$94.5-million for the six months to December, compared with a net profit after tax of A$27.4-million for the previous corresponding period.
JSE-listed diversified miner African Rainbow Minerals (ARM) reports that its headline earnings for the first half of its 2021 financial year are expected to increase by between 129% and 138%, to between R4.93-billion and R5.12-billion.
This compares with the R2.15-billion in headline earnings posted for the corresponding six months ended December 31, 2019.
Global diversified mining company Anglo American has announced that Elisabeth Brinton will join its board as a nonexecutive director from March 1. Brinton is currently global energy multinational Royal Dutch Shell global renewables and energy solutions executive VP.