Company Overview and News
Gold miner Doray Minerals is considering a joint venture arrangement with Metals X spin-out Westgold Resources over its Gnaweeda project.
Cobalt market news - Auto manufacturers have turned their focus to the raw materials needed to feed the EV boom. (54-1)
Cobalt market news - "China to ban sale of fossil fuel cars in electric vehicle push." (97-0)
Cobalt is forecast to remain in deficit to at least 2020 - meaning the cobalt boom is not going away anytime soon.
In a brief statement today, the Perth-based miner said underground mining at Nifty had been halted for about seven days while it carries out remedial repairs to an escape way, following a routine inspection.
Cobalt spot price news - Cobalt spot prices rise slightly to reach US$26.54 by June 21. "Market participants anticipate prices to increase by 20-24pc by the end of the year."
Silver Lake Resources has announced the sale of its remaining interests in the Murchison region to Metals X spin-out Westgold Resources in a cash-and-shares deal worth $10 million.
Metals X spin-off Westgold Resources has entered into a toll processing agreement with RNC Minerals that comes with an option to sell its South Kalgoorlie operations for $80 million in cash and shares.
Great Boulder Resources (ASX:GBR) listed on the ASX in November this year after consolidating a high quality portfolio of five exploration gold projects in the world-class gold camps of the Eastern Goldfields in Western Australia.
ALISO VIEJO, CA--(Marketwired - October 27, 2016) - BrainChip Holdings Ltd ("BrainChip" or the "Company") (ASX: BRN), a leading provider of software and hardware accelerated solutions for Advanced Artificial Intelligence and Machine Learning applications, is pleased to announce that it has successfully raised A$5.355 million through an oversubscribed placement to institutional and sophisticated investors.
Reserve Bank of Australia governor Philip Lowe has thrown responsibility for the nation’s biggest economic challenges – including low wage growth, poor infrastructure, and the high cost of housing – back at politicians, telling them his primary job is to keep inflation alive. The Fin
Heron Resources is the latest company to announce plans to spin-out its non-core assets into a new company, following similar recent movements by Metals X, TNG and Indiana Resources.
Metals X Ltd (ASX:MLX) has completed an institutional placement to raise $100.6 million and is now undertaking a share purchase plan of to raise up to $15 million. The company is also looking to demerge its gold division from the remainder of its diversified base metal assets, following the takeover of Aditya Birla Minerals Ltd’s (ASX:ABY) Nifty copper mine. Over the past few years, Metals X has made a number of shrewd acquisitions and has built a formidable diversified mining company.
Diversified miner Metals X has confirmed a $115.6 million capital raising and plans to demerge its gold assets into a new company.
Thundelarra Ltd (ASX:THX) is an active mineral exploration company with advanced copper, gold and uranium projects in Western Australia and the Northern Territory.
2017-10-28 - Wilton
2017-10-25 - Wilton
2017-10-10 - Wilton
2017-10-09 - Wilton
2017-08-25 - Wilton