August 1, 2012 Dilution ahoy! Nautilus offers major investors new shares for less than 52-week low Nautilus Minerals dropped 7.3% to $1.02 in late-afternoon trade on Wednesday, after the Toronto-based firm announced that it is raising $34 million from its major shareholders at 90c a share…
August 1, 2012 Nautilus to raise funds and continue equipment build The company plans to raise approximately $34 million through a private placement of 37.7 million shares at a price of $0.90 per share to assist with the continued funding of…
August 1, 2012 Olympus updates second quarter gold production and changes its financial year-end The company's Chief Executive Officer, John Seton, reports that second quarter calendar year 2012 gold production of 7,839 ounces was lower than projected.
July 31, 2012 63% of Newcrest’s assets situated in ‘very high-risk’ countries Newcrest Mining (ASX:NCM) is the one Australian mining major exposed to the greatest level of country risk with 63% of its assets situated in nation-states categorized as 'very high-risk' by…
July 30, 2012 Indian miners accuse government of causing artifical iron ore shortage India’s merchant miners have accused the Indian government of creating an ‘artificial’ shortage of iron ore via the imposition of high export […]
July 29, 2012 Mittal: Investing in mining, but not India or China I'm not locating capital to India or China as I don't see things progressing there. We can't remain stuck, so we move on. Now our priority is to reduce debt,…
July 28, 2012 Union Minister hopeful of ban on bauxite mining in Visakhapatnam Union Minister for Panchayat Raj and Tribal Affairs V. Kishore Chandra Deo has said he is still hopeful that bauxite mining licences issued in Visakhapatnam agency area will be cancelled.…
July 27, 2012 Intrepid drama could scare foreign investors from Indonesia Brad Gordon, CEO of Brisbane-based Intrepid Mines (ASX:IAU), has stated publicly that Indonesia is doing damage to its reputation as a foreign investment destination following the recent legal difficulties experienced…
July 26, 2012 Quest Petroleum to raise AUD$5 million for oil and gas exploration in South Sumatra Quest Petroleum NL (ASX:QPN) has announced that it will undertake a placement to investors to raise $5 million for its ongoing drilling program at the Ranau oil and gas projects…
July 26, 2012 Arrested Australian warns of Indonesian business perils An Australian mining businessman facing the prospect of five years in an Indonesian prison has warned others of the perils of doing business in the South-east Asian giant, saying he…
Construction on track for Q1 completion at Sibanye’s Keliber lithium project in Finland Keliber is the EU's most advanced integrated lithium project, with planned LiOH production of around 15,000 tonnes per annum. January 19, 2026 | 01:57 pm
