“Without the change proposed in this Bill, modification or removal of progressive coal royalties could occur without adequate public or parliamentary scrutiny,” the explanatory notes read. The bill will force any future decrease in coal royalty taxes to be legislated, making it harder for future governments that wish to make changes. The Queensland Resources Council...
Category: investingnews
What are Junior Miners and Are They a Good Investment? (Updated 2024)
Investing in junior mining companies can be tricky, and it’s often challenging for investors to pick winners. That’s largely because junior miners have one of the toughest jobs in the mining industry: finding mineral deposits. The kicker is that many of these mineral exploration companies don’t actually generate revenue to finance their exploration activities. Rather,...
Extension of TransAsia Debt Facility
As previously advised1, Manuka is executing its development plan to restart production from its 100% owned Mt Boppy gold mine (“Mt Boppy”) located in the Cobar Basin, NSW. The development plan includes a fit-for-purpose low capex processing facility at Mt Boppy to produce gold doré. In parallel with development works at Mt Boppy, Manuka is...
Top 7 ASX Gold ETFs in 2024
The price of gold surged toward the US$2,600 mark for the first time in mid-September, following an interest rate cut in Europe and speculation the US Federal Reserve was considering a larger 50-point cut when it meets on September 17 and 18. The news also caused gold to set a record high in Australian dollars...
How to Invest in Silver (Updated 2024)
How to best invest in silver is a thought on many investors’ minds. However, what goes up must come down, and the silver market is prone to deep dives. This has much to do with the silver’s dual role as both a precious and industrial metal. The most direct avenue to investing in physical silver...
Offer Booklet Non-Renounceable Rights Issue Offer
Shaw and Partners Limited have been appointed as lead manager of the Offer. The Offer is not underwritten. The Offer is available to all Shareholders who are, as at 7.00pm (Melbourne time) on 17 September 2024 (Record Date), registered (in accordance with the records of the Company’s Share Registry) with a registered address in Australia,...
Is Now a Good Time to Invest in AI Stocks? (Updated 2024)
Artificial intelligence (AI) technologies have made their way to the mainstream, and major tech companies are competing to offer better solutions for their customers and investors. AI itself is the simulation of intelligence in manmade software, and the field involves the study, development and application of machines able to learn and make decisions in a...
Wheaton Precious Metals Dedicates US$1 Million Prize to Drive Cleantech Innovation
The initiative, developed in collaboration with Foresight Canada, seeks to foster solutions that will reduce greenhouse gas emissions and improve overall efficiency in mining operations. The focus is on technology that can reduce the environmental impact of base and precious metals mining, in line with Wheaton’s commitment to addressing challenges revolving around carbon emissions and...
Low Cost Technology to be Trialed in DLE Pilot Plant Conversion Stage, Aiming to Lower Energy Use and CO2 Emissions
Highlights: Steve Kesler, Executive Chairman and Interim CEO, of CleanTech Lithium PLC, said: “Our team has undertaken a tremendous amount of work on selecting and optimising the DLE process for the Laguna Verde project, and this has extended to the downstream conversion process where we are working with Conductive Energy. Previous test-work confirmed that a...
Antipa Sells Stake in Citadel Joint Venture to Rio Tinto for AU$17 Million
It will use the proceeds to further explore and advance its flagship Minyari Dome gold-copper project. Established in October 2015 between RTX and Antipa, the Citadel joint venture is located north of the Paterson province in Western Australia. Antipa’s stake is a non-controlling interest of about 32 percent. Citadel’s Calibre and Magnum deposits hold a...