Production begins at Australia’s largest antimony mine

US company makes $723m bid for NSW critical minerals Larvotto Resources (ASX: LRV) received an unsolicited takeover bid from the US Antimony Corporation (USAC), equivalent to $1.40 per share, after the close of trading on Friday.  The offer was made following USAC’s lodgement of a substantial shareholder notice aftermarket, notifying Larvotto that it had acquired 51,685,160 ordinary shares, representing 10.0% of the company's shares on issue.  Larvotto  is actively advancing its portfolio of critical minerals projects including the Hillgrove antimony-gold project in NSW, the large Mt Isa copper, gold and cobalt project adjacent to Mt Isa townsite in Queensland and the Eyre...

Pilgangoora resource gets 23% boost Pilbara Minerals (ASX: PLS) has delivered a 39mt increase in mineral resource for its Pilgangoora lithium deposit in WA’s Pilbara region. The significant upgrade indicates an inferred mineral resource of 446mt at 1.28% lithium oxide hosting 5.7mt of lithium oxide and 45mt of tantalum pentoxide, a 14% increase to previous figures from FY24. The mineral resource grade also improved by 12% largely as a result of the addition of new higher-grade prospects within the central extension drill areas. The upgrade was underpinned by a 104,627m drilling program that saw 364 holes drilled...

New government leadership to drive WA priorities The Chamber of Minerals and Energy (CME) chief executive Rebecca Tomkinson has been appointed as WA Agent General for the UK and Europe region. As the first female CME chief executive in its 122-year history, Ms Tomkinson holds extensive leadership experience across WA’s public, private and not-for-profit sectors. Appointed by the Governor of WA, the Agent General represents WA’s investment attraction and trade promotion efforts by assisting investors and businesses wanting to engage with WA’s industries, including the mining and renewable...

Tivan (ASX: TVN) has successfully produced acid-grade fluorspar during a successful mini-pilot plant program for its Speewah fluorite project in WA.