Macmahon acquires Orminex’s strategic partner GBF

Orminex and Macmahon Holdings have entered into an agreement to acquire underground mining contractor GBF, enabling GBF to potentially expand the Mineral Venture Model into surface mining projects.

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TNG secures strategic AU$10m investment

Australian strategic metals company TNG Limited has secured a strategic investment from two leading German-based institutions, DELPHI Unternehmensberatung AG (DELPHI), the parent company of Deutsche Balaton AG, and Sparta AG (Sparta), a subsidiary of Deutsche Balaton AG, as part of a landmark AU$15 million capital raising to advance its flagship 100 per cent-owned Mount Peake vanadium – titanium - iron project in the Northern Territory.

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