Venturex Resources’ name change to Develop Global is complete (reports MiningNews).

Shareholders approved the change at a meeting last month. The company's ASX code will change from VXR to DVP. Develop managing director Bill Beament launched the new name and branding during a presentation at Diggers & Dealers in August. The company will focus on developing people, as well as projects. Beament said the name change reflected the company's new strategic direction and corporate culture.

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TNG Limited has announced the appointment of engineering and construction company Clough to collaborate on the Mount Peake mine site layout, following its decision last week to relocate the proposed TIVAN downstream plant to the mine site (reports Small Caps). It was announced at the end of last month that the proposed TIVAN downstream plant will be co-located 235km north of Alice Springs at Mount Peak rather than the initial plan which was to construct it in Darwin’s Middle Arm industrial precinct.

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Plus, first assays for Sunstone’s porphyry play should be close, runaway mineral sands prices a big tailwind for Strandline and Chris Cairns’ new gold float E79 shakes off gold market weakness with strong demand for IPO

The copper stocks have not been spared from the broader market malaise. That’s despite the copper price remaining nice and strong at $US4.17/lb. Plug the spot price into the current earnings period and profits for the producers are going to be substantially higher than the pricing of copper equities would have you believe. If there was a feeling the copper price was about to tank, fair enough. But it is near-impossible to find a forecaster who thinks the copper price is headed for a dive like say, iron ore.

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Energy transition away from fossil fuels is happening but it’s a lot slower than some people imagine, which is why coal, gas, oil and uranium are today’s hottest investments.

In what’s shaping as a classic case of the story getting ahead of reality, the world is being rocked by an energy crisis that is crimping Chinese growth, forcing Europe to burn more coal and delivering windfall profits for Australian gas and coal companies. Thermal coal, which is supposed to be a fading star, this week morphed into a shooting star, hitting an all-time price high of $US195 a tonne while oil touched a three year high of $US80 a barrel and natural gas in the U.S. traded at $5.50 per million British thermal units, double the price at this time last year.

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The ever-bustling Karl Simich has fixed Sandfire’s looming production gap in grandioso style with the A$2.6 billion acquisition of the MATSA copper-zinc-lead complex in Spain (writes Barry FitzGerald on MiningNews).

It is grandioso all right, with the acquisition cost being more than twice Sandfire's pre-deal market cap for a 1.4 times uplift in copper equivalent production. On those simple metrics, it is clear Sandfire did not get a bargain, as might be expected in a UA$4.20/lb copper market and with stiff competition for MATSA from Grupo Mexico in particular. While not a bargain, the MATSA acquisition is nevertheless a great deal in the making.

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Sandfire Resources is understood to have been swamped with demand for a $1.25 billion equity raising to help fund the acquisition of an operating copper-zinc mine in Spain despite mixed reaction to the deal from analysts (reports The West Australian).

The Karl Simich-led company said it would spend $2.6b acquiring the MATSA mining complex near Seville from Swiss commodities trader Trafigura and Abu Dhabi state investment company Mubadala Investment Company, describing the deal as transformative.

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Two directors of Northern Star Resources have taken advantage of the company’s weak share price to increase their holdings (reports MiningNews).

Two directors of Northern Star Resources have taken advantage of the company’s weak share price to increase their holdings (reports MiningNews). Non-executive director Sally Langer spent A$99,702 on 11,460 shares at $8.70 per share, to take her holding to 13,760 shares. Fellow director John Richards picked up another 5000 shares at $8.92 per share for $44,600, increasing his stake to 15,558 shares. Shares in Northern Star are trading at a two-and-a-half-year low as the market shuns gold equities. The stock even briefly dropped below $8 yesterday.

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Perth-based Bardoc Gold (ASX: BDC) has appointed founding director Neil Biddle to the role of interim executive director to manage a strategic development review of its flagship Bardoc project in Western Australia’s eastern goldfields (reports Small Caps)

Mr Biddle has a track record of value creation in Australia’s junior and mid-tier mining sector. He played a pioneering role in the development of the nation’s lithium industry as one of the founders of Pilbara Minerals (ASX: PLS), together with fellow Bardoc directors Tony Leibowitz and John Young. Mr Biddle led the strategy that saw Pilbara acquire, explore and ultimately develop the high-grade Pilgangoora lithium-tantalum project, 120 kilometres from Port Hedland.

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