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EV investment PremiumAutomakers move upstream to lock in battery materials

Lithium players are reaping the benefits of a scramble by the world’s automakers to lock in battery materials supply to meet ambitious electric vehicle growth targets, according to a respected research firm.

Stuart McKinnon

Out doorCommentsPremiumRyan Welker sacked as Ten Sixty Four MD

The managing director of Ten Sixty Four has been sacked by the Philippines-focused gold miner, just days after he was reported to have tendered his resignation from the company, giving six months notice.

Stuart McKinnon

Energy transitionCommentsPremiumWesTrac boss says CAT following Tesla approach on batteries

The boss of WA Caterpillar dealer WesTrac says equipment providers should take a leaf out of the book of electric car giant Tesla and take a holistic view of battery-technology products.

Danielle Le Messurier

Solid performanceRegis, Westgold bring light to beaten-down gold sector

Regis Resources and Westgold Resources have restored some investor faith in the beaten-down gold sector after reporting record production and only modest increases in operating costs.

Stuart McKinnon

More to comePremiumDacian acquisition a ‘sensible first step’: Finlayson

Genesis Minerals boss Raleigh Finlayson has hinted talks with St Barbara are advanced, describing the proposed acquisition of Dacian Gold as a “first step” in the consolidation of the Leonora gold district.

Stuart McKinnon

Liquidating assetsPremiumTroubled Firefinch cashes in shares in spin-out Leo

Firefinch has netted $12.9 million in a block trade of shares in its recently spun-out Leo Lithium as it looks to bolster its balance sheet while it battles production issues at its Morila gold mine in Mali.

Stuart McKinnon

Parting waysPremiumBorder breacher Nev Power to exit after striking gold deal

WA border cheat Nev Power is set to make a graceful exit from Genesis Minerals as part of its $111 million scrip takeover of Dacian Gold.

Stuart McKinnon

Extra workBig contract wins for NRW

NRW subsidiaries have booked more than $110 million in new contract work, including an extension at Gina Rinehart’s Atlas Iron in the Pilbara.

Daniel Newell

New leaderPremiumNew chief executive for Ora Banda Mining

Ora Banda Mining has appointed a new chief executive as it continues on its path of cutting costs and getting more cash out of its Davyhurst mine 120km north-west of Kalgoorlie-Boulder.

Neil Watkinson

In-country issuesFirefinch’s problems at Morila highlight African risks

A big production downgrade from Firefinch at its Morila gold mine in Mali has highlighted the challenges of working in dubious mining jurisdictions.

Stuart McKinnon

Tie-up likelyPremiumSt Barbara talks back on as Genesis, Dacian deal takes shape

Genesis Minerals’ proposed takeover of Dacian Gold could form part of a broader consolidation of the Leonora district after St Barbara said talks with the Raleigh Finlayson-led explorer were back on.

Stuart McKinnon

Fire emergency CommentsPremiumElevator blaze forces evacuation from Perth’s South32

More than a dozen fire appliances rushed to the South32 building on St Georges Terrace after a fire broke out in an elevator on Monday morning.

Shannon Hampton

Capital raisingPremiumIGO, Creasy to cornerstone $20m Galileo raising

WA uber prospector and IGO will act as cornerstone investors in a $20.4 million capital raising by Galileo Mining.

Stuart McKinnon

Prices windfallPremiumInvasion seen boosting exports past $400b for second year

The Federal Government’s Resources and Energy Quarterly sees higher coal and gas prices increasing Australia’s forecast resources export earnings over the next two years.

Sean Smith

Closing in PremiumGenesis reportedly near to Dacian Gold buyout

The Raleigh Finlayson-led company has been looking over several companies with the aim of transitioning from an explorer to a gold producer.

Sean Smith

Positive startCommentsPremiumOceana Lithium in stellar ASX debut

Brazil-focused Oceana Lithium has enjoyed a stellar debut on the ASX, highlighting ongoing interest in the battery metal amid volatile times for equity market investors.

Stuart McKinnon

Backed inBeaten-down DDH1 closes up on buyback

Shares in beaten-down DDH1 jumped 15 per cent on Friday after the drilling contractor announced a buyback of up to 10 per cent of its shares.

Stuart McKinnon

Enjoying tailwindsCommentsPremiumForrest’s interest in Regis lifts gold sector

Shares in beaten-down, mid-tier gold miners have enjoyed a bump following Andrew Forrest’s failed attempt to snare an extra 15 per cent of Regis Resources.

Stuart McKinnon

cash in handPremiumGranny Venn Cutback campaign brings in $3.35 million

Resources & Energy Group has received $3.35 million in gold sales from its Granny Venn Cutback campaign at its flagship East Menzies project. 

Neil Watkinson

Up and upVideoCommentsPremiumPerth’s median house price inches towards new record high

While Australia’s residential property market is having its sharpest price slowdown in 30 years, Perth values are heading north and tipped to prove more resilient than other cities as interest rate rises bite.

Rebecca Le May

Maiden inventoryPremiumSandfire confirms big resource for Matsa

Sandfire Resources has delivered a maiden JORC-compliant resource of 147.2 million tonnes for its new Matsa polymetallic mine in Spain.

Stuart McKinnon

Village improvementsPremiumExtra camp security part of Liontown’s project cost jump

Liontown Resources has revealed part of the cost hike in its Kathleen Valley lithium project involves extra security at its worker camp following a parliamentary report into sexual harassment in mining.

Stuart McKinnon

Precious playPremiumAndrew Forrest in stock raid on Regis to lift gold exposure

Andrew Forrest is understood to be trying to increase his exposure to gold via a raid on the share register of downtrodden mid-tier miner Regis Resources.

Stuart McKinnon

Maiden estimatePremiumPanther Metals off to good start at Coglia project

Panther Metals has announced a maiden mineral resources estimate of 70.6 million tonnes at 0.7 per cent nickel and 460 parts per million cobalt for 476,000 tonnes of nickel and 32,200 tonnes of cobalt.

Neil Watkinson