World’s first ammonia-powered dry bulk carrier sets sail for Australia

Larvotto rejects ‘undervalued’ US takeover bid Larvotto Resources (ASX: LRV) has rejected US Antimony Corporation’s (USAC) takeover bid after the board unanimously agreed the offer materially undervalued the company.  USAC lodged the offer, valued at $723m, on October 20 seeking to exchange six shares in USAC for every 100 shares in Larvotto. This would make the value of the deal dependant on daily market performance of USAC shares at the time.  Larvotto Resources non-executive chair Mark Tomlinson says the board is confident that the company’s value and long-term growth potential significantly exceeds the indicative value of the offer.  “With Hillgrove set to become...

Brightstar gets greenlight for Lord Byron Brightstar Resources (ASX: BTR) has received approval from the WA Government to begin production at its Lord Byron open pit gold mine at its Laverton Hub in WA.   The project is on track for development and production in H2 CY26 after receiving approval from the WA Department of Mine, Petroleum and Energy (DPME) for Lord Byron's mining proposal and closure plan.   Brightstar’s managing director Alex Rovira says Lord Byron mine is pivotal to accelerating gold production growth in the company’s Laverton Hub.  “Importantly, the Lord Byron open pit is located less thank 10km from...

Liontown (ASX: LTR) has moved to extend its footprint beyond Australia by signing a binding agreement with NEXT Lithium to earn up to a 100% interest in the Centenario lithium brine exploration project in Argentina.

Workers at BHP’s (ASX: BHP) Mining Area C and South Flank operations have endorsed a new workplace agreement following months of negotiations.