Gina Rinehart’s Hancock Prospecting may have to pour more funds into the severely cash-strapped UK-based Sirius Minerals, after the company shelved a $US500 million bond issue for a multi-billion dollar potash project in the UK, blaming factors such as a lack of government support and Brexit uncertainty.
A widely publicised report out today that claimed Western Australia will need 10,700 more operational workers in the mining sector by 2024 appears to be misleading, according to a review by Business News.
Subiaco-based uranium company Peninsula Energy has flagged a write-down of between $US20 million ($29.2 million) and $AUS30 million ($A43.8 million) stemming from its Lance on-site recovery project in the US state of Wyoming.
Evolution Mining has agreed to spend $18 million on exploration over the next five years on West Perth-based Musgrave Minerals’ Cue gold project in the Murchison region.
Subiaco-based Titan Minerals has launched its second takeover offer this year for Canada-based Core Gold, which is the largest gold producer in Ecuador, for a lower value than its initial bid.
Mark Clark-chaired Capricorn Metals has announced four new board and management appointments, including a new chief executive, all formerly employed at Regis Resources, which Mr Clark led for nine years.
AusGroup has been awarded a three year maintenance and shutdown support contract by BHP Nickel West covering its Mt Keith, Leinster, Kwinana and Kalgoorlie operations.
Employment opportunities for geoscientists in Western Australia are improving, but it is not the best state in Australia for job prospects, according to the latest data from the Australian Institute of Geoscientists.
Gold miner Blackham Resources has announced its third capital raising for the year, bringing the total to $45 million, following a series of delays in production at its gold mines in the Wiluna region of Western Australia.
Shares in Strategic Elements surged up to 32 per cent today after the software company announced a 12-month deal with multinational conglomerate Honeywell to develop experimental autonomous robotic vehicles
Uranium company Paladin Energy has announced it will raise $30.2 million through a share placement and a further $7 million from a share purchase plan, with the proceeds to help cover the cost of maintaining its mothballed African mines.
TNG has conducted a review of its planned 2 million tonnes per annum Mount Peake vanadium-titanium-iron project, which revealed a potential reduction in capital costs of $29 million.
Vysarn has rejoined the ASX with a healthy share price gain, five months after it struck a deal to purchase Perenti Global’s waterwell drilling business for $16 million.
Tianqi Lithium has officially started operations at the first lithium hydroxide refinery built outside China, with the company aiming to achieve practical completion of stage one of the Kwinana plant next month, while works on stage two have been put on hold.
Investors have welcomed Centaurus Metals' announcement that it raised $10 million via a share placement to underpin an exploration and development program at its recently acquired Jaguar nickel sulphide project in Brazil.
ASX-listed Maximus Resources has reached a $5.2 million sale agreement for its Burbanks gold processing plant in the Coolgardie region, after its previous $5.8 million deal with Adaman Resources fell through.
Sheffield Resources has raised $18 million via a share placement, in lieu of a bridging loan facility, and to progress the strategic partner process for its Thunderbird mineral sands project.
Australian Potash’s Lake Wells sulphate of potash project is edging closer to production, after the company struck a joint cooperation agreement with Geraldton port owner Mid West Ports Authority.
Millennium Minerals has announced it would update its production guidance in October following recent delays in open pit mining approvals and production at its Nullagine gold project.
Lynas Corporation has signed an agreement with the City of Kalgoorlie-Boulder to review potential sites for a cracking and leaching plant, as the rare earths producer seeks to assuage concerns from Malaysia around radioactive waste.
Metallurgical coal developer Aspire Mining has announced a strengthened financial position with a $33.5 million proposed investment by its major shareholder along with a strategic board restructure.
Andrew Forrest-backed Poseidon Nickel has edged closer to restarting operations at its Black Swan project in Western Australia following a recent surge in nickel prices.
Kibaran Resources has welcomed state government support in the development of its planned graphite plant, one of several potential projects in Kwinana’s emerging 'battery valley'.
Gold Fields chief executive Nicholas Holland has suggested gold companies across the world have under-reported their actual costs, and that the industry is heading for a production shortfall.
Claremont-based Geopacific Resources has appointed GR Engineering Services as the engineering, procurement and construction contractor for the processing plant at its Woodlark gold project in Papua New Guinea.
