The Australian Competition and Consumer Commission has highlighted mining industry concerns regarding grinding media company Moly-Cop’s proposed acquisition of competitor Donhad in its statement of issues.
Junior miners Draig Resources and Capricorn Metals will tap investors in separate capital raisings as both companies advance their respective Western Australian gold projects.
Fortescue Metals Group has announced major changes to its leadership, with a new chief executive taking the reins and its directors taking a hands-on role to support an updated strategy that focuses on producing more higher-grade iron ore.
Local contractor EC&M has been awarded the electrical, instrumentation and controls construction contract for Chinese company Tianqi Lithium’s $400 million processing facility in Kwinana.
Treasurer Ben Wyatt says the state government will drop its proposal for a gold royalty hike after a revised plan was blocked in the Legislative Council last night.
Engineering contractor RCR Tomlinson has secured a $33 million contract to design and construct a five-kilometre relocatable conveyor system for Fortescue Metals Group.
The state government will draft amendments to the Mining Act that validate granted tenements, in the wake of the High Court’s recent ruling that kept sand mining off Andrew Forrest’s family pastora
Mining services company Ausdrill has secured three contract extensions, highlighted by a two-year, $US108 million ($142 million) deal at the Iduapriem gold mine in Ghana.
BHP Billiton expects to lower costs in its Australian mining operations by a further 10 per cent, and has forecast the division will deliver $US1.6 billion ($A2.2 billion) in productivity gains over the next two years.
The Chinese government's environmental crackdown could provide a boost for the beleagured Sino Iron project, notwithstanding a recent adverse court ruling.
Shares in Azure Minerals have risen more than 20 per cent after the miner announced high-grade gold and cobalt discoveries at its Sara Alicia project in Mexico.
Perth-based mining conglomerate South32 has flagged a potential sell-down and listing of its South African energy coal business after announcing today a $US301 million ($A395 million) investment in the division.
TransAlta officially opened its new 150-megawatt combined cycle natural gas power station in South Hedland today, with Horizon Power as its sole foundation customer after Fortescue Metals Group backed out of an offtake agreement.
Proceeds raised during last weekend's Mining Emergency Response Competition Mining Emergency Response Competition in Perth have gone towards an emergency responder wellness app developed by support services provider Holyoake.
Chinese group CITIC is evaluating its options after the Supreme Court ruled on Friday that it owed Clive Palmer nearly $US150 million in royalties on its Sino Iron project in the Pilbara.
Environment Minister Stephen Dawson has endorsed the environmental watchdog’s rejection of Mineral Resources’ Jackson 5 and Bungalbin East iron ore project, however, the government is yet to make a final decision on the proposal.
The state government has signed an agreement with the mining industry to ensure social and economic benefits to the Pilbara community with a focus on pathways to employment.
Kalium Lakes will raise $14.2 million in an oversubscribed share placement with plans to complete a bankable feasibility study and start early site preparation works at its Beyondie sulphate of potash project in the Pilbara.
Greenland Minerals is set to raise $10.25 million through a share placement with the funds to be spent on technical optimisation and completion of permitting for its Kvanefjeld rare earths project.
Directors of Mineral Resources have survived a motion for a spill meeting after a second strike against their remuneration report today, as managing director Chris Ellison stood firm on mining the Jackson5/Bungalbin iron ore deposit.
Gascoyne Resources has raised $21 million through a heavily oversubscribed share placement to fund further exploration and development at two of its Western Australian gold projects.
Company director and business adviser David Humann, whose roles included chairing nickel miner Mincor Resources and contractor Macmahon Holdings and being a member of the global board of accounting firm Price Waterhouse (now PwC), has passed away after a short illness.
Engineering and construction contractor Monadelphous Group has painted a positive outlook after tough trading conditions in recent years, with the company tipping strong revenue growth in the current financial year.
Battery Minerals has announced a $20 million capital raising, primarily through a strongly supported share placement, ensuring the company can progress at its graphite projects in Mozambique.
Treasurer Ben Wyatt has announced details of a new gold royalty increase that is budgeted to raise $332 million over four years while seeking to address the industry concerns that killed off his previous proposal, but the new plan has failed to win support.
A Brazilian court has granted an additional 150 days for BHP Billiton, Vale and their joint venture, Samarco, to negotiate a settlement of multi-billion dollar public civil claims over the 2015 mine dam collapse in that country.
China's great environmental clean-up is starting to produce knock-on effects in Western Australia, with none more interesting than the ‘quality clash’ in the iron ore sector.
Shares in junior mining explorers Draig Resources and St George Mining have nearly doubled today after both companies announced positive drilling results.
