China lithium top player boosts investment in emerging Australian miner

Coal explorer Carabella Resources says it has raised $29 million via a significantly oversubscribed placement to institutional and sophisticated investors, AAP reported: The company placed 16.08 million shares at a price of $1.80 per share to investors from Australia, Asia, Europe and United States.

With Lanco looking to build on its recent Griffin Coal purchase, a new turf war is set to emerge between Indian suitors […]

Australian mining firm Sundance Resources said on Thursday recent finds at its Mbalam iron ore project in Cameroon had more than doubled the amount of indicated resources in the area.

OZ Minerals is pleased to advise that the Australian Taxation Office (ATO) has issued a Class Ruling which advises that the proposed capital return by OZ Minerals is solely sourced from capital and so no part of the return will be treated as a dividend for Australian income tax purposes.

Global miner Rio Tinto warned that metals demand could fall in the near term and prices could be volatile in the medium term due to economic imbalances, but the long term growth outlook remained strong.

The world’s third-largest gold miner said heavy rains in Australia have affected output at its Sunrise Dam mine.

Australian uranium counters took a substantial hit on Monday in the wake of the crisis at the Fukushima nuclear power plant in […]

The Fukushima Daiichi Nuclear Power Plant has been in the news after the earthquake in Japan cut off the plant’s cooling system. […]

The Brisbane-based explorer has reported positive infill drilling results on its Zeta underground project on its 100% owned Boseto project in Botswana.