The port of Port Hedland recorded a fall in iron ore exports for the 2019 fiscal year, with its major customer BHP today disclosing a decline in its annual production
BHP has reported a 1.0 per cent drop in fourth-quarter iron ore production, hurt by a tropical cyclone in Western Australia that disrupted production and exports.
Arafura Resources’ rights issue has only raised only around a third of its $23.2 million target, with underwriter Patersons Securities set to be issued with $7.9 million worth of shares.
Galaxy Resources has reported strong production results in the June quarter, after it exceeded its guidance at the Mt Cattlin lithium operation despite shipment delays.
Rio Tinto shares are subdued in early trade after the mining giant flagged a scheduling blowout at its Oyu Tolgoi project in Mongolia that could cost it an extra $2.7 billion.
Struggling gold miners Dacian Gold and Gascoyne Resources have both taken a small step in the right direction, after they announced positive production results today.
Bis has had its haulage and site services contracts for Minara Resources at the Murrin Murrin mine in the north-eastern Goldfields extended by four years.
A junior miner’s chief executive says he has voluntarily submitted to ASIC the contents of an internal investigation into a failed project expansion in India.
Agrimin has awarded Primero Group the engineering design contract for the process plant component of its $545 million Mackay sulphate of potash project.
The Chamber of Minerals & Energy of Western Australia has welcomed a major environmental move by the state government today that will slash approval times for BHP's Pilbara iron ore developments by up to half.
Shares in VRX Silica have surged to 16 cents today, a rise of 33 per cent, after it entered into a strategic alliance with China Southern Glass related to its Muchea silica sand project.
WA-based GR Engineering Services and Lycopodium have been selected for definitive feasibility studies at a uranium project and lithium project, respectively.
Paul Dalgliesh has been appointed as the chief executive of Tempo Australia, and William Howard will also join the struggling contractor as its chief financial officer.
Piedmont Lithium has raised $21 million via a share placement to complete the definitive feasibility study for its namesake project, while Marindi Metals has tapped investors for $2.5 million, and Koppar Resources for $1.1 million.
Shares in Dacian Gold have rallied to recover some ground from a significant fall last month, as the company released an update to its Mt Morgans mine plan, which noted significant potential to increase its annual production rate.
Altura Mining and Pilbara Minerals have struck offtake agreements with Chinese firms for lithium concentrate from their respective Pilgangoora projects.
Legend Mining has raised $9.8 million via a share subscription agreement with Independence Group, and signed joint venture agreements with IGO and Mark Creasy’s Creasy Group at Fraser Range.
Malaga-based Jaylon Environmental Systems has secured a $15 million contract to supply and install evaporation pond liners for Kalium Lakes’ Beyondie sulphate of potash project.
Pantoro has announced it missed production targets for the June quarter, just a month after fellow local gold producers Dacian Gold and Gascoyne Resources announced adverse news to investors.
NTM Gold is set to raise up to $3.9 million, while Encounter Resources has raised $1.4 million, as the two juniors seek to advance their exploration projects.
Fortescue Metals Group says it expects to award over $500 million of Eliwana project contracts by the end of year, as construction officially started on the $1.8 billion project today.
Construction costs for many lithium refining projects have been revised up in the past year as proponents rethink the scale and scope of their developments, with Tianqi Lithium’s Kwinana project the latest to run higher than forecast.
Shareholders have welcomed Capricorn Metals' announcement it is seeking to raise up to $18.3 million via a share placement and top-up issue, and that Mark Clark and Mark Okeby, both formerly of Regis Resources, have joined the board.
Kalium Lakes is a step closer to a final investment decision on its Beyondie sulphate of potash project, after it received a credit-approved offer from German KfW IPEX-Bank for around $102 million.
Nickel miner Panoramic Resources has entered into a binding agreement to sell its Thunder Bay North platinum group metals project in Canada for $C9 million ($9.8 million).
US company Civeo has acquired Kewdale-based Action Industrial Catering, which counts Fortescue Metals Group, Pilbara Minerals and Western Areas among its major clients.
Macmahon Holdings has responded swiftly to last week’s unexpected retirement of two directors, including chairman Jim Walker, by reappointing Vyril Vella to its board.
