Independence Group

Independence was incorporated in May 2000 for the purpose of discovering world-class ore bodies in Australia, focusing on gold and nickel. Our philosophy is to favour ore bodies amenable to rapid evaluation and project turnover. Through exploration success and corporate growth, the Company aims to have a number of Australian metal mines producing a significant profit to enable dividends to be sustainable.

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Latest Media Releases

Independence Group NL (ASX:IGO) 2011 Annual Report

Today Independence Group NL (ASX:IGO) released 2011 Annual Report.

Independence Group NL (ASX: IGO) Preliminary Final Report Information Listing Rule 4.3A

2011 FINAL DIVIDEND DISTRIBUTION AND PRELIMINARY FINAL RESULT FINAL DIVIDEND 2011 Independence Group NL is pleased to announce that a final dividend of 3 cents per share will be paid to shareh…

Independence Group NL Full Year Profit Guidance

FULL YEAR PROFIT GUIDANCE The Preliminary Final Report for Independence Group NL [theCompany] will be released in the week commencing Monday 29 August 2011. The information for that Report is…

Latest News

Nickel and lithium squeeze takes toll on IGO

22 Feb 2024 - As expected, the double-play squeeze on nickel and lithium in the December half took a toll on IGO’s (ASX:IGO) interim result.

Perth-based IGO faces massive losses due to nickel and lithium price slump

31 Jan 2024 - Perth-based IGO (ASX:IGO) is grappling with severe damage inflicted on its businesses by plummeting nickel and lithium prices, as well as mining challenges at its acq…

Albemarle cuts 300+ jobs amid Greenbushes mine cutback and price changes

30 Jan 2024 - A day after IGO (ASX:IGO) revealed a production cutback at the massive Greenbushes lithium mine in southwest WA and introduced a revised pricing structure to lower th…

IGO cuts pricing and output

29 Jan 2024 - IGO (ASX:IGO) has confirmed that the huge Greenbushes lithium mine will cut output because customers have not been buying as much as they did earlier in 2023.

IGO clears CEO after confidentiality breach

27 Nov 2023 - Perth-based IGO (ASX:IGO) has cleared incoming CEO Ivan Vella after he was summarily fired by his former employer, Rio Tinto, over a confidentiality breach.

Investors react to IGO's quarterly report amid lithium market uncertainty

30 Oct 2023 - Investors had a strong reaction yesterday to IGO's (ASX:IGO) quarterly report, driven by concerns about the volatile outlook for lithium. IGO's shares initially plung…

IGO's record lithium-derived payout cushions impact of nickel asset writedowns

31 Aug 2023 - In the wake of significant writedowns on the value of its nickel assets acquired through the expensive Western Areas takeover, IGO (ASX:IGO) is poised to alleviate an…

IGO's costly nickel adventure

26 Jul 2023 - IGO (ASX:IGO) is facing a scarcity of cash and its finances have been strained after incurring a near $1 billion clean-up bill for its costly takeover of nickel miner…

IGO reports non-cash impairment of assets from Western Areas and Cosmos

17 Jul 2023 - IGO Limited (ASX:IGO) has provided an update regarding the impairment of assets acquired from Western Areas (WSA) in June 2022.

Is the bloom finally coming off the local lithium boom?

29 Apr 2023 - The lithium boom looks to be fading rapidly for the country’s major producer Pilbara Minerals (ASX:PLS), thanks to weakening prices in the vital Chinese battery marke…

Bumper half leads to record payout for IGO

01 Feb 2023 - Nickel and especially lithium proved to be a heady and highly profitable mix for IGO (ASX:IGO) in the six months to December as it moved deeper into the former via th…

IGO hunting that essential acquisition

10 Jan 2023 - Australian miner IGO Ltd and its Chinese partner Tanqui have made a well-timed bid for the smaller lithium aspirant Essential Metals at a likely cost of around $A136 …

IGO briefs market on lithium ops, Nova fire

06 Dec 2022 - IGO (ASX:IGO) made some very interesting comments yesterday about the medium-term potential for its expanding lithium business.

Fire knocks out IGO's Nova nickel mine

05 Dec 2022 - Perth-based resource company IGO (ASX:IGO) has suffered a major hit from a fire that will put its Nova nickel mine out of operation for several weeks.

Plenty of green forthcoming from IGO's bushes

02 Nov 2022 - The September quarter results from Albemarle on Wednesday night will no doubt confirm it, but the quarterly report from IGO (ASX:IGO) has shown just how lucrative the…

Boardroom Bulletin: ABC, IGO

18 Oct 2022 - Two leading companies lost their CEOs yesterday in very different circumstances.

IGO withholds sharing the spoils

31 Aug 2022 - For a company reporting its fourth record underlying EBITDA result in a row in the 2021-22 financial year to June 30, IGO (ASX:IGO) was pretty circumspect so far as r…

IGOing (ASX:IGO) along very nicely

28 Jul 2022 - Miner and resource investor IGO (ASX:IGO) finished the year to June with a wet sail, with good news all round – higher revenue, higher underlying earnings, the Wester…

Energy and miners drag ASX lower, down 0.6% over the week

01 Jul 2022 - The Australian sharemarket faded into the close, weighed down by US equity futures in a risk-off afternoon. The greenback rose against the Australian dollar, which h…

Base metals jump on strong China industrial output

16 Jun 2022 - Base metals had a buoyant session on positive industrial output data from China. What stocks to keep an eye out for today on the ASX.

Nasdaq gains, QBE, Bubs, CSL, Whitehaven Coal, IGO on watch: ASX to open flat

07 Jun 2022 - Cautious rally on Wall St after investors initially piled back into stocks on optimism that Covid-19 restrictions continue to ease in China. What stocks to watch toda…

Biden to spend $4.2b on EV batteries pulls lithium miners higher

03 May 2022 - A snapshot of the stocks on the move featuring Liontown Resources (ASX:LTR), Lake Resources (ASX:LKE), Pilbara Minerals (ASX:PLB), Allkem (ASX:AKE), AVZ Minerals (ASX…

Wall St dips on rising bond yields, BHP, Syrah Resources, AMP, Dexus on watch: ASX to open higher

19 Apr 2022 - Wall St dips amid rising bond yields in a mixed performance today while Asian markets closed lower while ASX closed higher over the week as China's Covid-19 cases con…

Crown feels blow on Perth license fall, ASX closes 0.1% higher for 3rd day

24 Mar 2022 - The Australian sharemarket managed to eke out a gain to post a third straight close ahead of Russia’s stock exchange set to open shortly after a month long shutdown.

Brickworks' share price blows rooftop, Resource stocks soar on trim supply: ASX up 0.2% at noon

24 Mar 2022 - The ASX has marched higher after a weak start as the local bourse looks to continue its rally for the 6th time in 7-days. Oil prices continue to climb ahead of the NA…