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Anglo farms out base metals to focus on gold at Mandilla

Posted Within Resources On 25-06-2020

Anglo Australian Resources has entered into a farm out agreement with ASX-listed AuKing Mining that will see AuKing earn up to 75 per cent of its Koongie Park base metals project in WA’s north by paying A$1m in cash and spending $3m on exploration over three years.

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Onshore gas bill passes in Victoria

Posted Within Resources On 24-06-2020

The Victorian State Parliament has passed legislation that will pave the way for onshore gas exploration to resume in the state.

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Chevron puts North West Shelf stake up for sale

Posted Within Resources On 24-06-2020

Chevron Australia is willing to offload its non-operating 16.67 per cent interest in the North West Shelf project in Western Australia after confirming it has received a number of unsolicited approaches from buyers.

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INPEX secures LOC for Itchthys contract

Posted Within Resources On 24-06-2020

LOC Group has signed a five-year contract agreement with INPEX at the Ichthys liquified natural gas project in northern Australia.

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Government invests $125m to support resources exploration

Posted Within Resources On 24-06-2020

The Australian Government has pledged an additional $125 million of funding as part of the Exploring for the Future (EFTF) fund, which is set to boost the oil and gas exploration sector.

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