It’s time to regulate the lithium cartel

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.

Inmet Mining is holding firm on the proposed friendly merger with Lundin Mining, saying there are significant risks associated with the hostile Equinox offer for Lundin announced last week. Inmet continues to believe the proposed merger of equals between Inmet and Lundin to create Symterra provides superior benefits to shareholders of both Inmet and Lundin without the risks associated with the Equinox offer, Inmet stated on Thursday.

The spectacular Carapateena discovery that Canadian Teck Resources had seen as its big foreign play until the global financial crisis, is now passing into the hands of OZ Minerals Ltd (ASX: OZL). OZ Minerals said this week it had paid $US240 million for the project, making an immediate deposit of $US10 M.

Pancontinental Uranium Corporation (TSX VENTURE:PUC) (“Pancon”) and its joint venture partner Crossland Uranium Mines Limited (“Crossland”) (ASX:CUX) are pleased to provide the […]