The state government has made an upward revision to its long-term iron ore price forecast, as lower-than-forecast critical mineral royalties highlight the volatility challenges facing the economy.
Shares in West Perth-based Caprice Resources rose by 50 per cent on Thursday afternoon, following news that the company plans to acquire a 90 per cent stake in the Bantam project, located in the West Arunta region of Western Australia.
Victoria Park-based explorer Raiden Resources has entered into an option agreement with Mallina Corporation, as it plans to divest its Pilbara-based Arrow gold project.
Mineral Resources boss Chris Ellison spoke with unwavering confidence about the miner’s project in Onslow, saying there was nothing easier than iron ore.
The West Perth company says the proceeds, in tandem with cash on hand, will fully fund the equity component of its $1.3 billion Hemi gold project in the Pilbara.
Security and sovereignty issues in Mali have pushed Leo Lithium to offload its final 40 per cent interest in the Goulamina Lithium Project to Ganfeng for $342.7 million.
Subiaco-based Firebird Metals closed trade 11 per cent higher on Tuesday, following positive findings from its battery grade manganese sulphate feasibility study, in relation to stage one production in China.
Iluka Resources boss Tom O’Leary has taken a shot at China’s “monopolistic production” of rare earths and warned of the country's preparedness to “weaponise” its control.
Shares in Horizon Minerals rose by 26 per cent on Monday morning, after the junior announced it had entered into a binding ore sale agreement with Paddington Gold, a wholly-owned subsidiary of Norton Gold Fields.
International goldminer Newmont has had to stop activity at its Telfer gold mine after WorkSafe issued two prohibition notices over the Pilbara operations.
Premier Roger Cook has defended his government’s decision to give Alcoa the go-ahead to mine in the South West, despite concerns from its own departments around potential environmental impact.
Gold miner Regis Resources has announced it will develop both its Garden Well Main and Rosemount Stage 3 underground mines, as its underground growth strategy gains further momentum.
