Dylan Brown

1 week ago | australianmining.com.au | Dylan Brown

Rio Tinto has awarded a $157 million contract to Primero Group, a wholly owned subsidiary of NRW Holdings, for its Hope Downs 1 sustaining project in the Pilbara region of Western Australia. The contract covers the design, supply, installation, construction, testing commissioning and handover of non-process infrastructure works at Hope Downs 1. Primero managing director Michael Gollschewski said the contract award highlighted the ongoing strength of the company's relationship with Rio Tinto.

1 week ago | australianresourcesandinvestment.com.au | Dylan Brown

Join the 300th Sydney Mining Club as two high-performing Australian coal producers present their growth strategies, market outlooks, and global positioning in a world where coal remains critical but controversial. Taking place on Thursday June 5 at the Ivy Ballroom, the Australian coal industry peak body – Coal Australia and its founder Nick Jorss and executive director Stuart Bocking – will present, as will New Hope chief executive officer (CEO) Rob Bishop and TerraCom CEO Danny McCarthy.

1 week ago | australianresourcesandinvestment.com.au | Dylan Brown

Lincoln Minerals has identified a high-priority copper-base metal target at its Minbrie project on South Australia’s Eyre Peninsula. The company’s exploration team has uncovered strong geological similarities between historical drillhole BURCD030 and the Minbrie discovery hole BUDD192, elevating BURCD030 to a priority target.

1 week ago | australianresourcesandinvestment.com.au | Dylan Brown

Victory Metals has successfully raised $4 million to fast-track the pre-feasibility study (PFS) and development of its North Stanmore heavy rare earths project in Western Australia. The placement, priced at $0.73 per share, is a 15 per cent discount to the last traded price of $0.86 prior to the company’s trading halt on May 26.

1 week ago | australianresourcesandinvestment.com.au | Dylan Brown

MAC Copper’s shares have surged more than 20 per cent over the past five days after announcement of a $US1.03 billion ($1.6 billion) acquisition by Harmony Gold. Under a binding scheme implementation deed, MAC shareholders will receive $US12.25 per share – a 32.1 per cent premium to MAC’s 30-day volume weighted average price (VWAP) of $US9.28 and a 20.7 per cent premium to MAC’s closing share price of $US10.15 on May 23.