07 November 2023
07 November 2023
It has been a year of change at the top of Fortescue Group, much of this coming from a supposed green revolution, sexual harassment and workplace misconduct.
Twin Metals issued a statement calling the dismissal of mining leases an “unlawful federal agency action”.
The consolidation is anticipated to generate $500m in pre-tax synergies within the first two years.
Opuwo has an updated mineral resource estimate of 225.5 million tonnes at 0.12% cobalt, 0.43% copper and 0.54% zinc.
Barclays and Barrenjoey Advisory will lead the sale process for Savannah’s Barroso Project.
Barrick currently owns 2.73% of Hercules’s issued and outstanding common shares on a non-diluted basis.
The controversial contract led to protests and calls for a referendum on First Quantum’s mining activities in the South American nation.
Raiden has paid A$250,000 in cash and will issue its shares worth A$250,000 to acquire 100% LCT rights in the project.
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Within the rare earth metals market, cerium is projected to account for the largest volumetric share followed by lanthanum, neodymium, and others in 2023. The demand dynamics for neodymium is estimated to remain strong as the sales of electric vehicles continue to flourish across the globe. The product is deployed in the manufacturing of magnets including low and high performance and is an integral part of the modern-day technology assembly from automotive vehicles to fighter jets.
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