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1. Nickel Industries clears path to becoming nickel leader
(Latest)
... increases the miner’s stake in Oracle Nickel to 80%. Nickel Industries has also made a total of US$40 million cash payments for two future battery nickel opportunities contemplated under an electric ...
Created on 09 August 2023
2. Nickel Industries switches on Indonesian power plant
(Latest)
... account for 25% of total operating cash costs. “We expect a significant reduction in the electricity component of the Oracle operating cash costs, which allowed our Angel Nickel project to deliver ...
Created on 23 June 2023
3. St Barbara rejects latest Silver Lake bid, backs Genesis offer
(Latest)
Gold miner St Barbara said it will not engage further with Silver Lake Resources regarding a A$707 million bid for its Leonora assets in Western Australia citing a lack of synergies and cash offering. ...
Created on 15 May 2023
4. Today’s Top Tech Trends
(Features)
... Kingdom, United States, Uganda, Brazil, Mexico, Australia and the UAE. MiX Telematics’ strategy is to leverage its profitable, cash-generative business by expanding its recurring revenue model through ...
Created on 10 May 2023
5. OZ Minerals shareholders approve BHP takeover
(Latest)
... an offer of A$26.50 cash and a A$1.75 special dividend paid per OZ Minerals share.  “This is a strong endorsement from OZ Minerals shareholders on the value they will receive under the scheme ...
Created on 15 April 2023
6. Mining commences at Bellevue Gold project
(Latest)
... pit will offer Bellevue the opportunity to generate early cashflow via a toll-treating arrangement. Bellevue said it is currently exploring toll-treatment options with mining companies in the region. Vanguard ...
Created on 11 April 2023
7. Sibanye-Stillwater takes control of New Century
(Latest)
...  The South African precious metals producer launched an A$1.10 cash per share offer through subsidiary Sibanye Australia on Feb. 21, valuing the New Century at A$144.1 million. The miner, which ...
Created on 08 March 2023
8. Tianqi Lithium makes bid for Essential Metals
(Latest)
... located in Western Australia. If the scheme is implemented, each Essential shareholder will receive a cash amount of A$0.50 per share (scheme consideration), implying a fully diluted equity value ...
Created on 09 January 2023
9. Jan Flynn keeps heavy equipment moving
(Product News)
... Keep the cashflow rolling in. “Operating in the construction and mining sector has challenges and at times is just downright difficult including some volatile payment terms from larger customers,” Flynn ...
Created on 12 December 2022
10. India considering sell-off of stakes in miners: report
(Latest)
... report said, sales could conservatively bring about 165 billion rupees, or $2 billion. As local stocks are at a record high, the cash raised by the sale could aid Prime Minister Narendra Modi’s administration ...
Created on 29 November 2022
11. BHP makes final bid for OZ Minerals
(Latest)
BHP has submitted a revised non-binding indicative proposal to acquire OZ Minerals by way of a scheme of arrangement for a cash price of A$28.25 per share.  The revised proposal follows the Australian ...
Created on 23 November 2022
12. Commercial HMC production set at Coburn
(Latest)
... commissioning is now well underway, as shown by the growing stockpile of product ahead of our first shipment,” Strandline MD Luke Graham said. “Sales of HMC will generate strong cash flow for Strandline ...
Created on 22 November 2022
13. Laneway pours first, second dorés in September
(Latest)
... mining and processing operations, from which it anticipates generating material positive cashflow,” executives said. “With the refurbishment of the GGPP completed in line with expected timeframes, Laneway ...
Created on 21 September 2022
14. Rio Tinto inks $3.3B agreement for Turquoise Hill ownership, Oyu Tolgoi stake
(Latest)
... own – in a deal worth C$43 per share cash, or about $3.3 billion. The deal, if completed, would give Rio a 66% interest in Oyu Tolgoi, with the remaining 34% owned by the Government of Mongolia. ...
Created on 07 September 2022
15. Power plant commissioning starts at Angel Nickel site
(Latest)
... savings on electricity charges, which currently account for approximately 25% of total operating cash costs. “The early commissioning of the Angel RKEF lines more than six months ahead of schedule allowed ...
Created on 26 July 2022
16. MARKET REPORT: COPPER
(Features)
... and comfortably ramping-up to design capacity of 10,000-tpa cathode. With that comes increased sales revenue and cashflow.  Exploration and development activities are being scaled up to discover ...
Created on 28 June 2022
17. Fullarton steps down, Bramwell steps up at Westgold
(Latest)
... Board to deliver improved cash flows and returns to our shareholders and we remain on track to deliver FY22 guidance. The strategy is to simplify our business and empower our operating and corporate teams ...
Created on 25 May 2022
18. Nickel Mines acquires Indonesian nickel-cobalt project
(Latest)
... an initial A$500,000 cash payment. Siduarsi is a sixth generation Contract of Work (CoW) held by PT Iriana Mutiara Mining, and is one of only four active nickel CoWs in Indonesia. The other three are ...
Created on 18 May 2022
19. Steppe Gold announces first gold pour at newly resumed ATO
(Latest)
... zones in 2022 and 2023. “With an estimated 80,000 ounces of gold in inventory, ramp-up of production continues and we look forward to a very active year of production and strong cash flow, as well as ...
Created on 09 April 2022
20. DIGGING DEEPER
(Features)
... you can get that material pushed off in time. A smaller machine may not have the capacity to do that type of cleanup work. It’s the same under a shovel.” “The truck is what’s really ringing the cash ...
Created on 02 April 2022