Australia Mining

Global Lithium Resources (ASX:GL1) has made its agreement to acquire 100% of IGO Nova unconditional following regulatory approval.

Insurance Australia Group (ASX:IAG) announced it will make a public benefits application to progress its proposed alliance with the Royal Automobile Club of Western Australia.

Buxton Resources (ASX:BUX) has mobilised McKay Drilling to site and commenced drilling hole MD004DD at its Madman prospect.

Cosmo Metals (ASX:CMO) has coordinated site preparations ahead of drill rig mobilisation to target high-grade copper, gold, and silver mineralisation at the Mona prospect.

Platina Resources (ASX:PGM) received a final US$2 million payment from a subsidiary of Rio Tinto (ASX:RIO) to complete the sale of the Owendale Scandium Project.

Latrobe Magnesium (ASX:LMG) secured firm commitments to raise $8.5 million in new equity capital.

Tivan (ASX:TVN) apologised to the Nganjuwarr Native Title Holders and agreed to pay $50,000 for breaching a heritage protection agreement.

Avira Resources (ASX:AVW) has remobilised drilling contractor Strike Drilling to resume drilling at its high-grade Mt Cattlin Gold Project.

Matsa Resources (ASX:MAT) has agreed to sell tenements at its Lake Carey Gold Project to AngloGold Ashanti Australia.

Fortuna Metals (ASX:FUN) finished a 7,618-metre shallow aircore drilling campaign designed to evaluate deeper mineralisation.

Iron Bear Resources (ASX:IBR) executed a binding term sheet to sell its Australian subsidiary, Mining International, to Copperhead Investments.

Tungsten Mining (ASX:TGN) secured $50 million before costs through a share placement to institutional and professional investors.