Mining services company Perenti Global has delivered a solid annual result after dealing with the impact of COVID-19, labour shortages and currency movements.
Shares in Monadelphous Group fell sharply today as the market looked past its strong FY21 profit and focused on the patchy outlook and “unprecedented” labour shortages.
Mader Group has largely avoided the labour shortage issues hitting other mining services companies, reporting strong growth in earnings and forecasting more growth this year.
Australia's first lithium hydroxide refinery at Kwinana has commenced production five years after the start of construction, but with full capacity still 18 months away.
K+S Group has slashed the footprint of its proposed $350 million salt project in the Exmouth Gulf by almost one-third to reduce its environmental impact and increase output.
Experienced director Sharon Warburton will join the board of Northern Star Resources in September, while Tony Kiernan has announced his plan to retire from the role.
The share prices of Australia's big iron ore miners have fallen by an average of 13 per cent over the past week, under the weight of a lower commodity price and higher costs.
Dozens of women have reported being sexually harassed on Western Australian mine sites, but the big miners concede the true number of cases is likely to be higher.
Andrew Forrest's Tattarang has bought $38 million of Western Areas shares since March, revealed a day after IGO confirmed the nickel miners were in takeover discussions.
Monadelphous is suing Fremantle-based ACOR Consultants for almost $1 million over allegedly breaching a contract for works on BHP's $27 million Jimblebar mine upgrade.
NRW Holdings expects to earn as much as $155 million from operations in the current financial year, while announcing a fully franked final dividend of 5 cents per share.
BHP is reshaping its business and corporate structure, with the company selling its petroleum division, making a big investment in potash and ending its dual-listed structure.
Perth-based Myanmar Metals has agreed to sell its entire interest in a historical lead and silver mine, impacting the likelihood of a $66 million takeover deal.
Western Australian company Battery Minerals has agreed to sell two graphite projects in Mozambique to an existing producer for $12.5 million in cash and shares.
The noteholders in one-time lithium producer Altura Mining are set for a windfall gain, after the value of shares they are due to receive in Pilbara Minerals rocketed.
Galaxy Resources' $4 billion merger with Queensland lithium producer Orocobre will come into effect later this month after the plan was approved by the Western Australian Supreme Court today.
Aussie Gold Hunters star Vernon Strange has become embroiled in a lawsuit involving a Perth exploration company over mining tenements near Wesfarmers' Mount Holland lithium project.