Economy of Western Australia

BHP makes recommended all-cash offer of C$0.55 per share for Noront

Retrieved on: 
Tuesday, July 27, 2021

The members of the Board of Directors of Noront who voted on the matter unanimously recommend that Noront shareholders tender their shares to accept the Offer.

Key Points: 
  • The members of the Board of Directors of Noront who voted on the matter unanimously recommend that Noront shareholders tender their shares to accept the Offer.
  • In addition, the C$0.55 per share Offer price is C$0.235 per share, or 75%, higher than the C$0.315 per share proposed by Wyloo in its announcement on May 25, 2021.
  • Noront CEO, Alan Coutts: This transaction provides a significant premium to Wyloo's indicative offer, and crystallizes immediate and certain value through an all-cash offer.
  • BHP Chief Development Officer, Johan van Jaarsveld: We are pleased that the Noront board has seen the value in our offer and has recommended it to its shareholders.

DGAP-News: EcoGraf Limited: Appointment of Executive Manager - Project Development

Retrieved on: 
Wednesday, June 23, 2021

Diversified battery anode materials company EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE:FMK; OTCQX: ECGFF) is pleased to advise the appointment of Mr Shaun O'Neill, a highly experienced project manager.

Key Points: 
  • Diversified battery anode materials company EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE:FMK; OTCQX: ECGFF) is pleased to advise the appointment of Mr Shaun O'Neill, a highly experienced project manager.
  • Shaun has been appointed to the position of Executive Manager - Project Development and will commence in July.
  • The appointment is a new senior executive position responsible for the construction of the EcoGraf(TM) HFfree 20,000tpa battery anode material facility in Western Australia.
  • Prior roles include working for BHP Billiton commissioning the $3.5 billion Worsley-Alumina expansion and the $3.4 billion Ravensthorpe Nickel Project.

BHP and Riverside Complete Second Year Targeting Phase on 5 Porphyry Cu District Projects and Progressing Toward Drilling in near Future in Sonora, Mexico

Retrieved on: 
Monday, June 21, 2021

These positive exploration results are providing a strong case for advancing the projects toward the drilling stage.

Key Points: 
  • These positive exploration results are providing a strong case for advancing the projects toward the drilling stage.
  • Today's news provides an update on the HVWP work that has made strong progress in district scale porphyry Cu targeting with geochemistry, field mapping and geophysics.
  • Riverside and BHP have filtered through over fifty (50) copper districts with a current focus on 5 priority BHP-Riverside owned projects.
  • Riverside has additional properties available for option, with more information available on the Company's website at www.rivres.com .

BHP Awards McDermott Marine Installation Contract for Shenzi Subsea Multiphase Pumping Project

Retrieved on: 
Wednesday, June 16, 2021

HOUSTON, June 16, 2021 /PRNewswire/ -- McDermott International, Ltd today announced it has been selected by BHP to provide a marine installation campaign for the Shenzi Subsea Multiphase Pumping Project (SSMPP).

Key Points: 
  • HOUSTON, June 16, 2021 /PRNewswire/ -- McDermott International, Ltd today announced it has been selected by BHP to provide a marine installation campaign for the Shenzi Subsea Multiphase Pumping Project (SSMPP).
  • The project is located approximately 138 miles (222 kilometers) offshore in the Gulf of Mexico at a water depth of 4,400 feet.
  • McDermott is currently providing Front-End Engineering Design (FEED) of a Semi-submersible Floating Production Unit (FPU) for the Trion Project in the Gulf of Mexico, another BHP project, in partnership with Pemex.
  • Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.

BHP and Riverside Resources Extend Exploration Funding Agreement for Third Year for Copper Exploration in Sonora, Mexico

Retrieved on: 
Thursday, May 27, 2021

Riverside and BHP have established a strong working relationship and foundation for ongoing generative work with a growing pipeline of copper prospects within the Laramide Copper Belt.

Key Points: 
  • Riverside and BHP have established a strong working relationship and foundation for ongoing generative work with a growing pipeline of copper prospects within the Laramide Copper Belt.
  • This month the BHP Exploration Funding Agreement ("EFA" or "Alliance") commences its third year with a budget of US$1,300,000 for additional generative exploration.
  • Riverside's President and CEO, John-Mark Staude: "Riverside is very pleased to be advancing the copper exploration program with BHP.
  • Figure 1: BHP Riverside Exploration area for copper and portfolio of projects owned by Riverside and part of the BHP/Riverside Program.

Global Metals and Mining Market Report, Q2 2021 - Metals and Mining Industry Demonstrated Resilience during Pandemic - ResearchAndMarkets.com

Retrieved on: 
Tuesday, May 18, 2021

As a country, Australia has been relatively successful in preventing the transmission of the coronavirus, particularly in Western Australia where low infection rates have allowed mining operations to continue without major disruptions.

Key Points: 
  • As a country, Australia has been relatively successful in preventing the transmission of the coronavirus, particularly in Western Australia where low infection rates have allowed mining operations to continue without major disruptions.
  • BHP reported record profits in 2020 while Rio Tinto experienced double digit growth in earnings before tax.
  • The rise in price has benefited Chile, the world\'s largest producer of copper, with its state-run mining corporation, Coldeco ramping up production to achieve record earnings.
  • China\'s increased demand for industrial metals was fundamental to the success of the metals and mining industry in 2020.\nWhat countries have been affected, both good and bad?\nHow is 2021 looking for the industry?\n'

GoviEx Engages Uranium Marketing Professional

Retrieved on: 
Thursday, April 1, 2021

Vancouver, British Columbia--(Newsfile Corp. - April 1, 2021) - GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) ("GoviEx" or "Company"), is pleased to announce that it has engaged Mr. Christopher Mark Lewis to head the Company's Uranium Marketing efforts.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - April 1, 2021) - GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) ("GoviEx" or "Company"), is pleased to announce that it has engaged Mr. Christopher Mark Lewis to head the Company's Uranium Marketing efforts.
  • "Chris brings considerable experience in uranium marketing to the GoviEx Team.
  • He began in the uranium industry in 1992 managing Olympic Dam uranium sales to Asia until 2010, when he left BHP Billiton.
  • In late 2015, he joined Uranium One where he held the position of Director Marketing until the end of December 2020.

Global Mining Market Report 2021: COVID-19 Impact and Recovery to 2025 & 2030 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, March 3, 2021

The "Mining Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Mining Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering.
  • Major companies in the mining market include BHP Billiton Ltd; Glencore Plc; Vale SA; Rio Tinto Group and CRH Plc.
  • The mining market is segmented into mining services; general minerals; stones; copper, nickel, lead and zinc; metal ore and coal, lignite, and anthracite.
  • Asia Pacific was the largest region in the global mining market, accounting for 71% of the market in 2020.

Integrated Ventures Secures 7.0 Million Investment Deal For Purchases Of Avalon and WhatsMiner Branded Mining Equipment

Retrieved on: 
Wednesday, February 24, 2021

Due to terms of this capital raise, the Company has canceled all outstanding Preferred Class C shares, originally registered on 01/18/21.

Key Points: 
  • Due to terms of this capital raise, the Company has canceled all outstanding Preferred Class C shares, originally registered on 01/18/21.
  • If exercised, the Company will receive an additional investment, in the amount of $3.0 million.
  • Steve Rubakh, CEO of Integrated Ventures, adds the following commentary: "We would like to thank BHP Capital NY, Inc for continuing support.
  • About: Integrated Ventures, Inc isTechnology Portfolio Holdings Company with focus on Hosting, Development Of Blockchain Applications and Cryptocurrency Mining.

Resolution Copper project enters next phase of public consultation

Retrieved on: 
Friday, January 15, 2021

The Resolution Copper project has entered the next phase of public consultation in the ongoing permitting process, led by the US Forest Service, with the release of its independent Final Environmental Impact Statement (EIS).

Key Points: 
  • The Resolution Copper project has entered the next phase of public consultation in the ongoing permitting process, led by the US Forest Service, with the release of its independent Final Environmental Impact Statement (EIS).
  • The Resolution Copper project will create high-quality jobs and significant economic growth in Arizona, supplying up to one quarter of the United States copper demand and supporting the countrys low-carbon future.
  • When an investment decision is made, Resolution Copper is expected to take around 10 years building infrastructure to prepare for the commencement of mining.
  • Resolution Copper Mining is a limited liability company owned 55 per cent by Rio Tinto and 45 per cent by BHP.