mining Tag

ASX-listed Galan Lithium has entered into an asset acquisition agreement with Lithium Australia for an 80% interest in the Greenbushes South Lithium project in Western Australia (WA). Under the agreement, Galan will issue 1,221,000 fully paid ordinary shares to Lithium Australia and will solely fund expenditure...

Trading analysts are anticipating further gains for precious metals in 2021, with silver set to deliver the strongest price rise against a backdrop of the global economic recovery from the COVID-19 crisis. The pandemic compelled investors to protect their wealth by pouring funds into ‘safe haven’...

Rio Tinto has chosen current chief financial officer Jakob Stausholm as its new CEO, replacing Jean-Sébastien Jacques in the role after he was forced to step down amid widespread condemnation of the miner’s destruction of ancient Aboriginal rock art in Western Australia. The world’s second largest...