FINWIRES · TerminalLIVE
FINWIRES

Dateline Resources Unit Seeks to Join US Court Case Over California Mine Rights; Shares Up 4%

By

Dateline Resources (ASX:DTR) said its wholly owned subsidiary, Colosseum Rare Metals, has filed a motion to intervene as a defendant in a US federal lawsuit challenging the federal government's April 2025 recognition of the company's valid existing rights at the Colosseum Mine in California, according to a Friday Australian bourse filing.

The case was brought by the National Parks Conservation Association against the US Department of the Interior and the National Park Service, per the filing.

The company states in its filed materials that agency correspondence from April 2025 affirmed its valid existing rights, confirmed that its Bureau of Land Management-approved plan of operations remains in force without requiring further approval, and withdrew a previously issued damages demand, the filing said.

The company notes that the motion to intervene is a procedural step that, if granted, would allow the company to participate directly in the case, the filing added.

The company's shares rose 4% in recent Friday trade.

Related Articles

Asia

SSY Gets China Production Nod for Methocarbamol Tablets, Registers Phloroglucinol Dihydrate

SSY Group (HKG:2005) obtained production and registration approval for Methocarbamol Tablets and registration approval for Phloroglucinol Dihydrate from China's National Medical Products Administration, according to a Thursday Hong Kong bourse filing.The approval for Methocarbamol Tablets came as the drug passed the regulator's consistency evaluation.Methocarbamol Tablets are muscle relaxants mainly used to treat joint and muscle sprains, lumbar muscle strain, and sciatica.Phloroglucinol Dihydrate is used to treat acute spasmodic pain associated with digestive, biliary, urinary, and gynecological conditions.Shares of the firm were up nearly 5% in late morning trade on Thursday.

HKG:2005
Asia

Bellavista Resources Starts Drilling at Canada, Western Australia Projects; Shares Gain 3%

Bellavista Resources (ASX:BVR) started drilling the Pickle Crow gold project in Canada and at its Brumby project in Western Australia, according to a Thursday filing with the Australian bourse.Initial drilling at Pickle Crow for the remainder of the year will assess the open-pit potential on the existing mineral resource of 2.7 million ounces at 7.2 grams per tonne grade of gold, before moving to additional near-surface regional targets in early 2027.At Brumby, the company will assess mineralization continuity for a potential future resource definition drilling program, alongside column leach test work.Bellavista Resources shares gained 3% in recent Thursday trade.

ASX:BVR
Asia

Binastra Unit Bags MYR491 Million Data Center Development Deal

Binastra (KLSE: BNASTRA) unit Binastra Builders secured a 491.2 million ringgit turnkey contract to develop a seven-story data center in Kuala Lumpur, according to a Wednesday Bursa Malaysia filing.The contract, awarded by Exsim Sri Permai, covers the design, construction, testing, commissioning, maintenance and guarantee works, including foundation, substructure, main building and infrastructure works.The project, which also includes a guardhouse, refuse room and electrical substation, is scheduled to begin on July 1 and be completed within 18 months.

KLSE:BNASTRA