Asia Mining

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17-Aug-2018 Intellasia | Asia Mining | 6:19 AM
Mining services provider Ausdrill has raised some A$175-million from the institutional component of its 1-for-2.13 pro-rata non-renounceable entitlement offer. The completion of the institutional offer is the first stage of the [...]
Source: Mining Weekly | Australiasia
17-Aug-2018 Intellasia | Asia Mining | 6:18 AM
ASX-listed Infinity Lithium Corporation has launched a lithium hydroxide scoping study at its San Jose resource, in Spain. The lithium hydroxide scoping study will start in direct response to the increased [...]
Source: Mining Weekly | Australiasia
17-Aug-2018 Intellasia | Asia Mining | 5:48 AM
The Queensland Resources Council (QRC) on Friday said that a plethora of positions were still available in the state’s resources sector. The state government this week revealed that some 4 400 [...]
Source: Mining Weekly | Australiasia
17-Aug-2018 Intellasia | Asia Mining | 5:47 AM
The independent directors of South Africa-focused Nkwe Platinum have unanimously recommended a 10c a share takeover offer from shareholder Zijin Mining Group. The 10c a share takeover offer was a 25% [...]
Source: Mining Weekly | Australiasia
17-Aug-2018 Intellasia | Asia Mining | 5:45 AM
Gold miner Evolution has reported a 21% surge in underlying net profits after tax for the 2018 financial year, on the back of a 4% increase in sales revenues. Underlying net [...]
Source: Mining Weekly | Australiasia
17-Aug-2018 Intellasia | Asia Mining | 5:36 AM
The share price of junior Kangaroo Resources surged by more than 40% on Friday on news of a takeover offer from major shareholder PT Bayan Resources. Kangaroo on Friday reported that [...]
Source: Mining Weekly | Asia
17-Aug-2018 Intellasia | Asia Mining | 5:36 AM
The share price of junior Kangaroo Resources surged by more than 40% on Friday on news of a takeover offer from major shareholder PT Bayan Resources. Kangaroo on Friday reported that [...]
Source: Mining Weekly | Australiasia
17-Aug-2018 Intellasia | Asia Mining | 5:34 AM
The joint venture partners of the Papua New Guinea liquefied natural gas (PNG LNG) project have entered into a mid-term LNG sales and purchase agreement with BP Singapore. Under the terms [...]
Source: Mining Weekly | Australiasia
17-Aug-2018 Intellasia | Asia Mining | 5:33 AM
ASX-listed Poseidon Nickel has received a conditional proposal from Perth-based Black Mountain Metals. Poseidon told shareholders on Friday that while no formal bid price per share has been offered or agreed [...]
Source: Mining Weekly | Australiasia
16-Aug-2018 Intellasia | Asia Mining | 8:29 AM
ASX-listed Mineral Resources this week reported a 16% increase in revenue for the full year ended June, with net profits after tax jumping from A$201-million to A$272-million. The company reported increased [...]
Source: Mining Weekly | Australiasia
16-Aug-2018 Intellasia | Asia Mining | 7:57 AM
The mining and petroleum industry body in Papua New Guinea (PNG) has called on the government to consider the ramifications of the amendments proposed to the Mining Act. The PNG Chamber [...]
Source: Mining Weekly | Asia
16-Aug-2018 Intellasia | Asia Mining | 7:55 AM
Mineral sands miner Iluka has reported an 80% increase in the underlying group earnings before interest, tax, depreciation and amortization (EBITDA) for the half-year to June. Underlying EBITDA reached A$278.5-million in [...]
Source: Mining Weekly | Australiasia