Business
Adelaide-based copper miner Oz Minerals has agreed to buy into one of Australia’s largest undeveloped open pit copper-gold deposits in the north-east of SA, opening the door for a potential $405 million payday for a small local exploration company.
Business
More than $3 billion has been wiped from the value of the state’s largest mining and energy companies in the past week amid tumbling global commodity markets and mixed March quarter production results in the wake of floods and China’s latest COVID-19 lockdowns.
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Welcome to the South Australian Business Index Podcast, where we connect with leaders from the top 100 businesses in South Australia to hear their insights, visions and what’s happening on the ground right now in the state.
Santos will this month officially become the first South Australian headquartered company in decades to join the top echelon of the Australian Securities Exchange, on the back of surging gas prices and its recent merger with Oil Search.
Adelaide-based Core Lithium has struck a deal with electric carmaker Tesla to supply it with up to 110,000 tonnes of refined battery material from its Northern Territory mine, which will begin commercial production this year.
South Australian defence company Nova Group has brought its four businesses under the one banner as it rebrands in a bid to compete with the industry’s biggest players and grow its workforce by about 500 people in the next five years.
An Adelaide mining firm that plans to develop a major graphite mine on Eyre Peninsula has secured a $185 million loan from the Federal Government.
