Lithium advocates have been cautioned to separate facts from hype as it is not yet clear if battery manufacturing in Western Australia will be practical, although refining plans should proceed immediately, according to Mckinsey & Co partner Prabhav Sharma.
Poseidon Nickel has released a feasibility study confirming the viability of restarting its mothballed Black Swan project near Kalgoorlie, with an estimated capital expenditure of $56.7 million.
NRW Holdings has joined the likes of Clough, Decmil and CPB in securing work at BHP Billiton’s $4.6 billion South Flank iron ore project in the Pilbara, after announcing a $176 million contract to complete earthworks at the site.
MOD Resources has moved to full ownership of its T3 copper project in Botswana, after acquiring UK-based Metal Tiger’s stake of the project in a scrip deal worth $26.6 million.
Northern Star Resources has reported above-guidance gold production for the year to June, with plans to expand output beyond 600,000 ounces in 2019, while Blackham Resources posted improved results for the half year to June.
BHP Billiton's iron ore production rose 3 per cent in the fourth quarter ended June 30 as productivity improved, cementing a record annual output as it set a bigger target for the current year.
Saracen Mineral Holdings has confirmed its status as one of the state's top 10 gold miners, after the company reached record production in the 2018 financial year, while West Perth-based Pantoro’s annual gold output was within guidance.
Rio Tinto has posted a strong second quarter result at its Pilbara iron ore operations, with the miner now forecasting it will hit the top end of its annual guidance.
Hancock Prospecting’s $390 million takeover bid for struggling iron ore miner Atlas Iron has been endorsed by independent expert BDO, which found the pricing was fair and reasonable.
Panoramic Resources has announced it will reopen its mothballed Savannah nickel project in the east Kimberley, after securing a $40 million loan facility with Macquarie Bank.
Heavy equipment supplier Emeco Holdings has posted operating earnings of $153 million in its preliminary financial year results, which included a strong fourth quarter performance due to a ramp-up in new projects.
Kasbah Resources has released a new definitive feasibility study for its Achmmach tin project in Morocco, which outlines a capital cost of $US96.4 million ($130 million).
Gold producer Beadell Resources has announced a board restructure and a new mining contract at its operations in Brazil, as the company pursues a primary listing in Canada.
Mineral Resources’ diversification strategy continues to gain ground as its joint venture with Hexagon Resources has begun a feasibility study at the McIntosh graphite project in the Kimberley.
Resolute Mining has posted steady preliminary production results at its gold operations for the 2018 financial year, while also providing guidance for next year as the company moves towards its target of 500,000 ounces per annum.
Two days after announcing a deal to buy a mine camp for its planned Sulphur Springs copper-zinc project, Venturex Resources has issued a follow-up statement with details of the purchase.
Georesources company Qteq has secured a borehole data contract in the Northern Territory following the recent acquisition of Western Australian companies Surtech and WellServ.
Canada-listed BlueBird Battery Metals has entered into an agreement to farm-in to Impact Minerals’ Broken Hill project in NSW, in a cash-and-scrip deal worth about $5.5 million.
Pilbara Ports Authority has reported a record annual throughput for the 2018 financial year, with nearly 700 million tonnes of cargo passing over its docks, on the back of an uptick in activity at Port Hedland.
Sandfire Resources has entered into a strategic relationship with Victoria-based White Rock Minerals, which includes a $2.5 million equity investment and an option to earn-in to the junior explorer’s Red Mountain zinc project in Alaska.
Diversified contractor Tempo Australia has announced it will acquire NSW-based telco services company Comsite Services in a deal worth up to $4 million.
Regis Resources, Independence Group and Ramelius Resources have all provided production updates for their respective mining operations, while Millennium Minerals says it is on track to ramp-up its gold output by the end of 2018.
The environmental watchdog has today recommended approval of BHP Billiton’s long-term development plans in the Pilbara, including construction of 13 new iron ore mines and expansion of four existing mines.
