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Australian copper firm Sandfire Resources has acquired fellow ASX-listed miner MOD Resources at the second time of asking, after submitting an improved AUS$167 million deal for the Botswana-focused explorer. Sandfire’s initial $94.5 million bid was rejected in January by MOD, who said the offer significantly undervalued...

The Arcadia Lithium Project in Zimbabwe is one step closer to production after Prospect Resources completed a definitive feasibility study (DFS) for the lithium and tantalum resource. ASX-listed Prospect has forecasted average annual spodumene concentrate production of around 212,000 tonnes, 216,000 tonnes of petalite concentrate and...