What You Missed This Week in the News

BHP has offered Oz Minerals a takeover offer of $28.25/share, including $9.6B, three months after their initial unsolicited offer. BHP offered a$25/share, $8.4m takeover offer in August, which Oz Minerals rejected, saying it failed to properly value the company’s portfolio. The offer comes after the two renewed talks on Thursday, and Oz Minerals board have …

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What You Missed This Week in the News

    Mining magnate Twiggy Forrest at the Egypt COP27 climate summit this week, is pushing to restrict seabed mining until it has the same protections as land mining. In sentiments echoed by conservationist groups, Forrest voiced concerns about the environmental impact of seabed mining – which could begin as early as mid 2023. “The …

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Morning News Bites – October 20

Significant Assays at Bardoc’s Zoroastrian Site Bardoc Gold Limited (BDC) has reported significant new assay results from recent exploration and in-fill drilling at the cornerstone 526koz Zoroastrian Deposit, part of its 100%- owned 3.03Moz Bardoc Gold Project, located 40km north of Kalgoorlie in WA. New drilling results from the northern end of the Zoroastrian Deposit …

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Morning News Bites – September 9

In Today’s Morning News Bites for September 9. BHP conforms to hard borders and aims to hire from WA only and Oxford COVID-19 vaccine trial on hold over ‘potentially unexplained illness’.  Western Australian nickel company St George Mining Limited is pleased to announce further strong drill results at its flagship Mt Alexander Project, located in …

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Morning News Bites – September 3

In Today’s Morning News Bites for September 3. Tax relief on the cards for employees and businesses as Australia records a recession. 92 per cent of West Australians backing Mark McGowan on his hard border policy. BHP will pay investors around a 76.6c dividend on Sep 22. Gold and base metals explorer Carawine Resources Limited today …

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Morning News Bites – August 18

In Today’s Morning News Bites for August 18. KCGM release their reserves, resources and guidance update for FY21.  KCGM have set an FY21 guidance of 440,000 – 480,000oz at AISC of A$1,470 – 1,570/oz3, growth capital budget at A$198m (A$12m on exploration), and an expectation of production to rise to +675,000ozpa.  Further growth is supported by a large …

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Morning News Bite – July 21

Job support for Australians extended at a reduced rate, Western Australia Premier Mark McGowan says mining companies need to stop relying on FIFO and face mask purchases restricted at major supermarket chains. Downer EDI is starting trade in July 21 in a trading halt as an acquisition is on the cards. The company made the …

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