Business and Finance
Gold Road Resources (ASX: GOR), a leading mid-tier Australian gold producer, has confirmed it will vote in favour of Northern Star Resources’ (ASX: NST) $5 billion acquisition of De Grey Mining Limited (ASX: DEG), a transaction set to reshape the nation’s gold sector. Gold Road, which holds approximately 17.26 per…
Kincora Copper and AngloGold Ashanti expand partnership with $100m exploration deal in Australia
Kincora Copper Limited (ASX: KCC) has executed a major amendment to its existing Earn-in and Joint Venture Agreement with a wholly owned subsidiary of AngloGold Ashanti plc, paving the way for a significant expansion of copper-gold exploration in the Northern Junee-Narromine Belt (NJNB) of the Macquarie Arc, Central West, New…
Gold Road rejects Gold Fields’ takeover bid as undervalued
Gold Road Resources (ASX: GOR) has formally rejected an unsolicited takeover proposal from its joint venture partner, Gold Fields Limited. The offer, made on March 7, 2025, after market close, proposed acquiring 100 per cent of Gold Road's shares through a scheme of arrangement. The terms included a cash payment…
Eclipse Metals and Boss Energy join forces to advance Liverpool Uranium project
Eclipse Metals Ltd (ASX: EPM) has announced a significant strategic alliance with Boss Energy Limited (ASX: BOE) to develop the Liverpool Uranium Project in the Northern Territory's Alligator Rivers Uranium Field. The binding option and earn-in agreement grants Boss Energy the opportunity to acquire up to an 80 per cent…
St George Mining completes acquisition of Araxá niobium-REE project in Brazil
St George Mining (ASX: SGQ) has successfully completed the acquisition of Itafos Araxá Mineracao E Fertilizantes S.A, securing 100 per cent ownership of the advanced Araxá niobium-rare earth elements (REE) project in Minas Gerais, Brazil. This strategic move positions the Perth-based company at the forefront of the world's leading niobium-producing…
Rox Resources to divest Mt Fisher Gold Project to high-tech metals
West Australian gold exploration company Rox Resources (ASX: RXL) has entered a binding agreement to sell its Mt Fisher Gold Project in Western Australia to High-Tech Metals Limited (ASX: HTM). The transaction, valued at $1.5 million in cash alongside equity and royalty components, is expected to be finalised by late…
SLNC secures US$1.4b financing for HPAL plant in Indonesia
Sulawesi Nickel Cobalt (SLNC) has successfully secured $1.4 billion (Rp22.93 trillion) in financing to construct a high-pressure acid leach (HPAL) plant on Sulawesi Island, Indonesia. This project marks a significant milestone in Indonesia’s efforts to expand its nickel processing capabilities and strengthen its position in the global battery materials supply…
US and Ukraine to establish reconstruction fund under draft minerals agreement
In a move that could reshape economic and geopolitical dynamics, the United States and Ukraine have reportedly reached an agreement on a draft minerals deal. The agreement centres around establishing a Reconstruction Investment Fund designed to reinvest revenues generated from Ukraine's rich reserves of minerals, hydrocarbons, and other extractable resources.…