The company’s directors have approved an eligible dividend of CAN$0.15 per share and a CAN$400 million share buyback.
The latest mining news
Panoramic Resources’ Savannah Mine in Western Australia is back in business following the discovery of the Savannah North nickel project, with RCT’s Guidance Automation helping to increase productivity on site.
Detour Gold Corp. files a management information circular and writes a letter to its shareholders ahead of an upcoming meeting in December.
The Headway project, which hosts the high-grade Headway deposit, is located adjacent to the world-class Brunswick No 12 mine.
The company’s board has approved a US$1.3 billion expansion, with construction work to begin in January.
The Queensland Resources Council has said that new laws will ensure the state’s resources industry can continue creating jobs and revenue.
The new agreement provides Altura with a more diverse customer base and locks in 100% of planned production from the recently commissioned flagship Altura Lithium operation located at Pilgangoora in Western Australia.
Liebherr Mining Equipment Colmar SAS has upgraded its R 9100 B and R 9150 B machines so as to increase productivity and reduce the costs per tonne.
NQ Minerals Plc receives its first payment for the initial shipment of concentrate from its Hellyer project in Tasmania, Australia.