âThe distance from Perth to Londonâ: How a gas company cleared the Kimberley
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Credit:Damian Kelly
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Native bees attempting to fly across patches of cleared land in Western Australiaâs Kimberley region would overheat and drop dead before ever reaching the other side, unable to find food or an area to rest.
Such is the scope of the clearing, scientists and local Indigenous people fear some areas could become open killing fields, where predators like feral cats and birds of prey feast on fragile native fauna, like the bilbies, which no longer have scrub to shelter in.
Buru completes Placement of AUD15 million and launches SPP to raise a total of up to AUD 20million
30 Apr 2021
Buru Energy has announced a successful share placement, receiving firm commitments from institutional, professional and sophisticated, investors to raise a total of $15 million before costs. The Company will also undertake a Share Purchase Plan (SPP) of up to $5 million for existing shareholders.
HIGHLIGHTS
Share Purchase Plan to raise up to $5million opening on 6 May 2021
Funds raised to strengthen Buru’s balance sheet for 2021 exploration and development program and subsequent activities
The Placement attracted strong support from domestic and international institutional investors, as well as sophisticated and professional investors, with bids significantly above the Placement limit.
S&P/ASX 200 slips as iron ore price hits 10-year high
Tesla reported a record net income of US$438 million for the first quarter. Revenue surged to US$10.39 billion, up 74% from a year ago. Iron ore price has set a record after surpassing its 2011 high of US$188 per tonne.
S&P/ASX 200 (INDEXASX:XJO) slipped 0.36% to 7020 points by 1.10 pm even as iron ore prices hit a decade high of more than US$190 per tonne overnight.
While the broader market was trading lower, iron ore miners Rio Tinto (ASX:RIO) (+0.19%), BHP Group (ASX:BHP) (+0.62%) and Fortescue Metals (ASX:FMG) (+1.06%) were all higher.
Australia: Buru Energy announces Ungani oil field production update energy-pedia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from energy-pedia.com Daily Mail and Mail on Sunday newspapers.
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