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Newcrest reaffirms Newmont takeover amid Cadia Mine dust controversy

Newcrest’s (ASX:NCM) board has reaffirmed its unanimous recommendation for investors to support the Newmont takeover offer. The offer aims to address the ongoing controversy surrounding dust emissions from the Cadia gold/copper and molybdenum mine in central western NSW, which is Newcrest’s most significant operation. Under the bid, Newcrest shareholders will receive 0.4 Newmont shares for […]

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Allkem secures $180 million project financing for Sal de Vida Project

In its pursuit of a near $15 billion merger with US-based Livent, lithium takeover target Allkem (ASX:AKE) has made significant strides in securing project financing for its Sal de Vida initiative. The company has gained access to a 10-year $US130 million loan from the World Bank-linked International Finance Corporation. The Sal de Vida project, located

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ASX 0.32% higher at noon: Fortescue rallies on Twiggy’s visit to US

Mining giant Fortescue (ASX:FMG), led by executive chairman Andrew Forrest, saw a nearly 4% increase in shares on the ASX 200 index as he promoted his green hydrogen initiative in the US and inspected Austal’s shipyards. The Forrests’ private investment vehicle, Tattarang, holds a 19% stake in Austal, which recently entered a trading halt, attracting

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Stocks of the Hour: Talon Energy, Noble Helium, Tamboran Resources

Talon Energy (ASX:TPD) announced today that its JV Partner & Operator TMK Energy has advised that initial gas from the Lucky Fox-1 well has flowed to surface & flared at its Mongolian Gurvantes CSG Project.Talon’s Managing Director & CEO, Colby Hauser said “ We are pleased to announce the positive results from the extended production

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Lasers for quantum, biotech and industrial applications

BluGlass Limited (ASX:BLG) CEO Jim Haden provides an update on the company, discussing customers and market, product improvements, vertical integration and roadmap. Paul Sanger: We’re talking today with BluGlass (ASX:BLG). It has a market cap of $65m. The company has been developing leading-edge semiconductor manufacturing technology and devices for more than a decade. It is

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