Three junior explorers have announced capital raisings worth up to $29.5 million, with Denis Waddell-led Orion Minerals tapping investors for $17.3 million.
Perth-based MACA has been awarded a number of new contracts, totalling about $60 million, including a $12 million variation to works at the Gruyere gold project near Laverton.
Junior gold explorers Spitfire Materials and Excelsior Gold, which own neighbouring projects north of Kalgoorlie, have agreed to a merger, with the new entity worth about $80 million.
CIMIC Group has secured a $225 million mining services contract at BHP Billiton’s Rocky’s Reward nickel project, located 400 kilometres north of Kalgoorlie.
Perth companies MACA and gold producer Beadell Resources have agreed to terminate a mining services contract at Beadell’s Tucano project in Brazil, leaving the miner to repay a $61 million loan.
WorleyParsons has been awarded a contract extension for engineering services at Chevron’s Gorgon and Wheatsone LNG projects, while NRW Holdings has received a $93 million extension to its Stanmore Coal contract.
Marindi Metals has agreed to sell its Bellary Dome conglomerate gold project in the Pilbara to Canada-listed Pacton Gold in a cash-and-scrip deal worth up to $11 million.
Job vacancies in the Pilbara and Kimberley regions hit their highest level in four years in May, as demand for engineers, IT professionals and automotive trade workers in Western Australia takes off.
Capricorn Metals has flagged a reduction in the capital cost of its planned Karlawinda gold project near Newman to $132 million following an optimisation study.
Gold producer Northern Star Resources has hit its gold production rate target for 2018, while Doray Minerals has announced an increased production guidance for the 2019 financial year.
Chris Ellison-led Mineral Resources has decided against making a counter offer to Gina Rinehart’s $390 million takeover bid for junior miner Atlas Iron.
Empire Resources has had a win in the Supreme Court of Western Australia, after an injunction order sought by the company’s joint venture partner, Brimstone, relating to an overdue payment was dismissed today.
Former CIMIC group executive Mark Norwell is set to take the helm at mining services company Ausdrill, replacing founder and chief executive Ron Sayers after 30 years in charge.
Gina Rinehart-led Hancock Prospecting has proposed a $390 million takeover offer for Atlas Iron, less than a week after purchasing a 19.9 per cent stake in the junior miner.
BHP’s local boss has said more than 75 per cent of work on the new South Flank mine will be sourced within Western Australia, as CPB Contractors announced it had won a $260 million contract on the $4.5 billion project.
Decmil Group has announced a $NZ125 million ($116 million) contract extension in New Zealand, while also flagging a number of cost pressures expected to impact earnings.
The environmental watchdog has recommended conditional approval to US-based Albemarle Corporation’s proposed 100,000 tonnes per annum lithium refinery near Bunbury.
A second mining major has given the green light to a big iron ore development in a month, with BHP’s board approving the $4.5 billion South Flank development on Thursday.
Atlas Iron has disclosed it no longer holds exclusive port development rights at Port Hedland that were central to the takeover battle that has involved three mining heavyweights buying shares in the company.
Melbourne-based fertiliser and explosives manufacturers Incitec Pivot and Orica have continued their battle for iron ore contracts in the Pilbara, with Incitec winning a five-year supply deal with Fortescue Metals Group.
Iron ore miner Roy Hill has connected its Port Hedland operations to Horizon Power’s North West Interconnected System following the installation of extensive underground facilities, which began in 2016.
Kibaran Resources has entered into a non-binding letter of intent with GR Engineering Services to negotiate an early works agreement and an engineering and procurement contract for the company’s Epanko graphite project in Tanzania.
Mineral Resources has struck a deal to purchase the Koolyanobbing iron ore mine from US-based Cleveland Cliffs, after getting support from the state government and railway owner Arc Infrastructure for a deal that will save up to 400 jobs around Southern Cross and Esperance.
Gina Rinehart’s Hancock Prospecting has acquired a 19.6 per cent shareholding in takeover target Atlas Iron, joining Mineral Resources and Fortescue Metals Group in the battle for control of the mid-cap iron ore miner.
The Chamber of Minerals and Energy of WA today confirmed the appointment of Paul Everingham as its new chief executive, while uranium miner Paladin Energy has recruited a former Newcrest Mining executive to lead the company.
West Perth-based Lithium Australia has acquired a lithium-tin project in Germany from its joint venture partner Deutsche Rohstoff in a cash and scrip deal worth about $3.1 million.
