Exploration aspirant Sun Silver continued its impressive start to life on the ASX, reaching 58.5 cents before closing at 53.5 cents per share, up 26 per cent, on Thursday.
Green Tech Metals and Anax Metals have signed a memorandum of understanding, as both exploration and development companies consider a formalised alliance.
Uranium explorer Peninsula Energy has announced it will raise $105.9 million in a bid to generate sustainable free cash flow and enhance activities at its US-based Lance project.
Bauxite miner and aluminium producer Alcoa will spend $15 million on a Forest Research Centre in Western Australia, as it seeks to further its environmental credentials in the state.
WA Liberal leader Libby Mettam has defended the state’s resources industry, after federal opposition treasury spokesperson Angus Taylor lashed critical minerals production tax subsidies.
Andrew Forrest has led a chorus of industry support for new policies subsidising critical minerals and hydrogen projects but the measures have failed to garner bipartisan backing.
The Federal Government has unveiled a $22.7 billion price tag for its Future Made in Australia initiative, including a production tax incentive for critical minerals – starting in 2027.
West Perth-based explorer Meteoric Resources has announced that the mineral resource estimate for its flagship Caldeira project in Brazil has increased by 150 per cent.
Shares in Horizon Minerals rose to their highest price since May last year on Monday afternoon, following news that the company had signed a toll milling agreement with FRM Investments.
Hastings Technology Metals has undergone a restructuring to manage costs, announcing its chief executive Paul Brown will leave the company at the end of this month.
