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Mitre Mining acquires transformational Chilean silver-gold project
Mitre Mining (ASX: MMC) has moved to acquire the “company-changing” Cerro Bayo silver-gold project in Chile for $5 million. The historic project has been on care and maintenance since October 2022 after being in production for over 15 years and producing more than 45 million ounces of silver and 650,000oz of gold. However, Mitre is […]
PharmAust trial heralds new era of hope for motor neurone disease patients
Perth-headquartered clinical-stage biotechnology company, PharmAust (ASX: PAA), has hit another milestone in the assessment of its potential motor neurone disease (MND) treatment monepantel (MPL). The company reports that all patients have now completed its Phase 1 MEND study of MPL, with top-line results expected to be released in the first quarter of 2024. Chief executive […]
West Cobar Metals advancing global critical minerals hunt with multi-pronged approach
West Cobar Metals (ASX: WC1) continues to make progress on a number of fronts in its multi-jurisdictional hunt for metals forecast to be of significant demand in the global push to net zero. In Western Australia, West Cobar reports it has made significant advancement towards commercialising its Salazar rare earths project in the state’s far […]
Mining leaders optimistic about mid-term growth but current issues a concern
While rising operating costs have put significant pressure on miners to make their technology investments go further and build the digital talent necessary for a sustainable future, a new report has found the industry is feeling optimistic about the mid- and long-term future. However, the Mining Technology Report 2023-24 also ascertains that mining leaders are […]
Australian Pacific Coal welcomes new $90m Dartbrook funding package
Australian Pacific Coal (ASX: AQC) and joint venture partner Tetra Resources have received major new funding support for their plan to restart the “world-class” Dartbrook coal mine in New South Wales’ Hunter Valley. Leading global energy and commodities company Vitol Asia has come forward with a credit committee-approved offer on agreed terms for a 3-year […]
Wide Open Agriculture secures investment and European distribution deal for lupin-based proteins
Wide Open Agriculture (ASX: WOA) has secured an investment and distribution deal for its lupin-based proteins with UK clean ingredients company Ingå Group. The deal was brokered through Wide Open’s wholly-owned subsidiaries Wide Open Plant Protein Pty Ltd and Wide Open Agriculture GmbH. It will see Ingå invest approximately $825,000 into Wide Open Agriculture GmbH […]
BPH Energy wrapping up a successful year on multiple fronts
The managing director and executive chair of innovative clean and conventional energy business BPH Energy (ASX: BPH) says his company is well placed to support Australia’s “Future Gas Strategy”. Speaking at the company’s AGM, David Breeze told the firm’s shareholders that, through its 35.8% interest in Advent Energy, BPH has an asset that has the […]
Boss Energy captures trace uranium from start-up wells at Honeymoon project
Boss Energy (ASX: BOE) has reached another milestone in its re-development of the historic Honeymoon mine in South Australia with the generation of production-grade uranium during pre-flushing of the start-up wells. The procedure is conducted to facilitate efficient leaching of calcium and chlorides from the orebody and has captured trace amounts of uranium in the […]
How to choose a super fund with lower fees
Making sure that your superannuation fund charges low fees is one of the most important things the average person can do to make sure they are in a good fund. But what represents a low fee now and how do you go about finding a good fund that pairs strong investment performance with low fees? […]
Charlie Munger, Warren Buffett confidant and investment guru, dies at 99
Wall Street billionaire and Warren Buffett confidant Charlie Munger died this week at a California hospital. The 99-year old investment expert and trained lawyer was the right-hand man to the US business magnate and vice chairman of his firm Berkshire Hathaway. Hailed as the brilliant mind behind Berkshire’s success, he was also one of its […]
Massive mining expansion needed for electric vehicle revolution, study warns
To meet government mandates for electric vehicles (EV), a total of 388 new mines must be built to produce the metals required for EV production, a new study by Canadian ‘think tank’ Fraser Institute has found. “The sheer scale of mining required to meet EV mandates raises serious questions about the timelines being imposed by […]
Vintage Energy poised to build on 2023 success
Up-and-coming Australian oil and gas company Vintage Energy (ASX: VEN) is looking forward to adding to the significant success it achieved in 2023. Speaking to the company’s shareholders at Vintage’s 2023 AGM, chair Reg Nelson said the company had transitioned from explorer to project operator in a remarkably short period of time. He noted that […]
Galan Lithium advances Phase 2 offtake talks for Hombre Muerto West project
Galan Lithium (ASX: GLN) is advancing the offtake partnering process for the Phase 2 production stage of its wholly-owned Hombre Muerto West lithium project in Argentina’s Catamarca province. The process follows the announcement last week of a five-year offtake agreement with Glencore for Phase 1 of the project, which is based on an annual production […]