Adelong Gold (ASX:ADG) has entered a binding transaction to sell its 49% stake in privately held Challenger Mines to Great Divide Mining (ASX:GDM). The agreement includes the sale of Adelong’s stake in the Challenger Gold Project, located in Adelong, New South Wales, which will terminate the joint venture. The company will sell its 10 million […]
Two Greenpeace activists have been arrested by specialist police on a coal ship outside the Port of Newcastle, following a more than seven-hour protest during Rising Tide’s People’s Blockade yesterday (30 November). On Sunday morning, three activists safely climbed and suspended from coal ship Yangze 16, halting its operations and preventing its 12.15pm AEDT arrival […]
Rapid Critical Metals (ASX:RCM) has acquired the Webbs Consol Silver Project from Lode Resources (ASX:LDR), located in northeast New South Wales. This agreement comprises the acquisition of exploration licences EL 8933 and EL 9454, building mass to the company’s already held Webbs and Conrad deposits. Located in the New England Ford Belt, the Webbs Consol […]
Broken Hill Mines (ASX:BHM) is raising $38.5 million via a placement to fund drilling across its portfolio of assets in New South Wales, as part of accelerating its growth strategy. The company will issue 38.5 million shares at $1 per share, representing a 5.7% discount to the last trading price on 17 October and 5.8% […]
Godolphin Resources (ASX:GRL) has entered an option agreement to divest its wholly owned Gundagai Project in the Lachlan Ford Belt in New South Wales to privately held Gilmore Minerals. Gilmore has paid a cash consideration of $50,000 upon facilitating land access for exploration of the tenements, and is now required to spend a minimum of […]
Legacy Minerals (ASX:LGM) has entered into a memorandum of understanding with Cobalt Blue (ASX:COB) to assess strategic options for cobalt and other products sourced from the NiCo Young Project in New South Wales. The agreement holds a term of three years, which intends to help direct Legacy assess potential pathways towards commercialisation for the project, […]
Kincora Copper (ASX:KCC) says an airborne electromagnetic (AEM) survey covering 155km2 has been mobilised at the Condobolin Project in the southern Cobar Basin, New South Wales. The survey will focus on near-surface targets and seeks to refine existing mineralised systems located under shallow post mineral cover, as well as refine potent deeper source feeder zones. […]
Legacy Minerals (ASX:LGM) has entered into a farm-in and joint venture option agreement with Rio Tinto (ASX:RIO) to acquire 80% of the Thomson Project in New South Wales. Under the agreement with Rio Tinto’s subsidiary Rio Tinto Exploration, the mining giant will solely fund up to $25 million of staged exploration expenditure to earn the […]
Impact Minerals (ASX:IPT) and Kuniko (ASX:KNI) have entered into a joint venture agreement for Kuniko to earn up to 70% of the Commonwealth Gold-Silver Project in New South Wales following due diligence. Kuniko has issued 3.1 million shares to Impact, which under the terms of the agreement will secure a 51% stake by spending $1.5 […]
Helix Resources (ASX:HLX) has appointed Kevin Lynn as CFO, as well as an Executive Director of the company. Lynn is currently acting as a non-executive director, who has accumulated more than 35 years of experience as a chartered accountant. He has acted in various leadership roles across mining, and oil and gas companies, including as […]