Forrestania awards $145m contract to MEGA Resources

Liberty Bell Bay in Tasmania, one of billionaire Sanjeev Gupta’s last remaining Australian assets, has entered voluntary administration.

Lincoln advances uranium exploration Lincoln Minerals (ASX: LML) has signed a Native Title mining agreement with the Gawler Ranges Aboriginal Corporation and Traditional Owners to progress mineral exploration at its Jungle Dam uranium prospect in South Australia. The agreement grants Lincoln access to exploration licence (EL) 5942 and has been formally submitted to the South Australia Energy and Mining Department for registration. Lincoln Minerals chief executive Jonathon Trewartha comments on the signing. “Finalising this agreement marks a major milestone for our exploration efforts at Jungle Dam,” he said. “We are pleased to be working in respectful partnership...

Approvals advance US Resolution Copper Rio Tinto (ASX: RIO) and BHP (ASX: BHP) have received environmental approval from the US Department of Agriculture to advance on of the largest undeveloped copper mines in the world. The republication of the final environmental impact statement (FEIS) by the US Forest Serve (USFS) allows the congressionally mandated land exchange, enabling future underground mine development and places thousands of acres of land into permanent conservation. The copper project is expected to produce more than 18mt over its...