71-80 of 130 results
Allens advises Evolution Mining on Northparkes acquisition
The acquisition was funded by Evolution's recently completed AU$525 million institutional placement and a new AU$200 million five-year Term Debt Facility. As part of the deal, Evolution has agreed ...
Critical minerals list expands and new strategic materials list
Part of Australia's critical minerals strategy was to review and update Australia's list of critical minerals. That process has now been finalised, with the critical minerals list expanded to 30 minerals. ...
Release of draft US guidance and Australian access to the benefits of major US critical minerals push
On 1 December 2023, the US Department of Energy published draft guidance on its proposed interpretation of the term 'foreign entity of concern' or 'FEOCs', which directly relates to two major US green innovation reforms. ...
Rent deferrals boost for the Queensland critical minerals sector
As part of implementing a key action in the Queensland Resources Industry Development Plan, the Queensland Government has recently made amendments to Queensland's mining legislation to allow for deferral of rental payments on mining leases for specific critical minerals projects. ...
Allens advises WesCEF on lithium-focused joint venture with Ora Banda
The deal sees WesCEF acquire 65% of OBM's lithium and other (non-gold) mineral rights on its Davyhurst tenements for an initial payment of $26 million and a 2% royalty in relation to future ...
Allens advises Evolution Mining on acquisition of Ernest Henry Mine
In 2016, Allens advised Evolution on its initial $880 million acquisition of an economic interest in 100% of the gold rights and 30% of the copper rights in the Ernest Henry Mine. Upon completion o ...
Allens advises BHP on acquisition of Ragnar Metals Sweden AB
The deal sees BHP acquire Ragnar's Swedish subsidiary for $9.8 million, with deferred consideration in the form of a 1% net smelter return royalty upon commencement of commercial production. 'We ...
Allens advises Liontown Resources on $1.2b debt and equity package to fund Kathleen Valley project
The package will fund Liontown's Kathleen Valley Lithium Project, one of the world's most significant new long-life lithium projects. Allens also advised Liontown on its response to the proposed ...
Allens advises Macquarie Capital and Jarden on 29Metals' $151m entitlement offer
29Metals announced that the proceeds received will be used to fund the Capricorn Copper Recovery Plan and near-term Golden Grove capital projects, de-risk the balance sheet and position 29Metals to ...
Accurate tenement expenditure recording under the Mining Act 1978 (WA): an update from the Warden's Court
Recent proceedings before the Warden's Court of Western Australia have reinforced a long line of decisions and the nature of a tenement holder's obligations in tenement reporting; affirming the requirements for detailed and accurate reporting on expenditure, and emphasising the importance of ensuring tenement holders are truthful when reporting expenditure. The decisions are a timely reminder of the importance of adequately resourcing the compiling, calculating and reporting expenditure functions (and the need to keep detailed records to substantiate that expenditure), as failure to do so can ultimately lead to forfeiture of tenements. ...