Develop Global boss Bill Beament says he has no interest in growing his mining and resources service company into a top 100 ASX-listed business (reports The West Australian).
Aussie hard rock lithium major Pilbara Minerals (ASX:PLS) has just sold a 5,000t cargo of 5.5% spodumene via its auction platform for $US6,350/t – its equal best result ever (reports Stockhead).
Two lithium company bosses have called for a spot price index for the battery metal in its concentrate form to boost transparency, trust and investor confidence (reports The West Australian).
Investors looked through this week’s bad news of rising interest rates and declining dividends in the belief that a threatened recession will be short-lived with a sustainable recovery possible next year.
Despite cost pressures, an enlarged Sandfire Resources has beat full-year production guidance (reports MiningNews).
OZ Minerals mine boss Gabrielle Iwanow will become the first female chief executive of Mincor Resources following the unexpected departure of David Southam (reports The West Australian).
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