The board of Kin Mining says costs at its Leonora gold project could have blown out by up to 50 per cent, after the explorer today released an engineering report that was leaked online earlier this week.
Strandline Resources has boosted its coffers with a $3 million capital raising to fund development its mineral sands projects in Tanzania and Western Australia.
BHP Billiton's rail operations in the Pilbara are expected to be out of action for a week after a runaway train laden with iron ore travelled 92 kilometres with no-one on board before it was deliberately derailed.
Terry Streeter-chaired Moho Resources is set to list on the ASX tomorrow, while the experienced mining executive has also been appointed to the board of Chile-focused explorer Emu.
The death of an electrician, who was crushed between a lift car and the shaft at an alumina refinery in the state's south, has led to South32 being fined $65,000.
Lycopodium has secured an engineering contract with Scarborough-based West African Resources for its Sanbrado gold project in Burkina Faso, which has commenced early works.
A runaway train loaded with iron ore travelled with no-one on board for 92 kilometres in Western Australia's Pilbara region before it was deliberately derailed.
King River Copper has put a $2 billion-plus price tag on its Speewah vanadium project near Kununurra, while TNG has appointed German group SMS to complete an engineering study for its vanadium project in the Northern Territory.
Explosives manufacturer Orica has revealed technical issues at its half-owned ammonium nitrate plant in the Pilbara will cause a production delay of more than 12 months.
A new report has cast doubt on Western Australia's suitability as a lithium battery-making hub, claiming low labour productivity, distance from major markets and difficulties sourcing the necessary material as barriers to any potential development.
The production ramp-up at iron ore miner Roy Hill Holdings has helped the company lift annual profit by 69 per cent, in turn boosting the annual earnings of its major shareholder, Gina Rinehart’s Hancock Prospecting.
The money-making power of Gina Rinehart’s mining business has been abundantly demonstrated in the group’s latest financial results, with her private company Hancock Prospecting lifting annual net profit 28 per cent to $1.37 billion.
Orders from the Takeovers Panel forcing Rand Mining to sell its $60.1 million stake in closely linked gold miner Tribune Resources have been put on hold following a review application.
A Supreme Court ruling has shed light on the multi-million dollar legal bills incurred by Gina Rinehart’s Hancock Prospecting and Wright Prospecting in their long-running battle over ownership of the Rhodes Ridge iron ore deposit in the Pilbara.
Pacific Energy has won a power supply contract with Panoramic Resources for the restart of the nickel producer’s mothballed Savannah project in the east Kimberley.
Gascoyne Resources' share price plunged 55 per cent lower today after the gold miner disclosed managing director Mike Dunbar and chair Ian Murray both resigned last week, and it also downgraded its production forecast.
Ausdrill-Barminco joint venture African Underground Mining Services has won a US$375 million underground mining services contract at AngloGold Ashanti’s Obuasi project in Ghana.
Indigenous contractor Gumala Enterprises has secured a series of new contracts, including with iron ore miners Rio Tinto and BHP Billiton, worth a combined $15 million.
The Takeovers Panel has ordered the sale of a $60.1 million stake in gold miner Tribune Resources, along with updated disclosure from some of the company’s major shareholders.
Alkane Resources is set to take an $8 million stake in takeover target Explaurum via a share placement that breaches the conditions of Ramelius Resources’ hostile bid.
Bellevue Gold (formerly Draig Resources) has boosted its coffers with a $15 million share placement to fund exploration work at the company’s Bellevue project near Leinster.
Government and business must involve trade unions to develop plans to train Australia’s workforce for the increased presence of automation, according to Siemens Australia chief executive Jeff Connolly.
Mineral Resources has suffered a minor delay in the construction of its $610 million lithium concentrate processing plant at the Wodgina project in the Pilbara.
Kidman Resources has announced plans to integrate the studies for its proposed Kwinana lithium refinery and Mt Holland mine near Southern Cross into a singular project, while also securing a $US100 million ($140 million) debt facility for the project.
