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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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Business
Listed company Boss Energy has kicked off a $125 million equity raise to fund the development of the mothballed Honeymoon uranium mine in South Australia’s north-east.
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Strong copper prices and increasing production has helped South Australian miner Oz Minerals to a record net profit of $531 million for the 2021 calendar year, as it unveils plans to slash carbon emissions by 2030.
South Australian graphite developer Renascor has taken a significant step towards becoming a supplier to the global electric car industry, striking a deal with a major Korean lithium-ion battery materials purchaser.
New Adelaide company iTech Minerals has launched its initial public offering in a bid to raise up to $7 million and list on the Australian stock exchange.
Hillgrove Resources has been awarded a $2 million State Government grant to trial underground technology aimed at reducing the costs, carbon emissions and the number of explosions required to restart operations at its Adelaide Hills copper-gold mine.
