Junior miner Tanami Gold has entered into an agreement for the sale of its Western Tanami gold project in the Northern Territory to Northern Star Resources for $4 million in cash.
Aspiring gold miner KIN Mining has released a definitive feasibility study on its Leonora project in the Goldfields, which has forecast a development cost of about $35 million.
Local company Tungsten Mining has kicked off a $13.5 million capital raising as it progresses development of its Mt Mulgine tungsten project in the Murchison region.
Rio Tinto's long-running project to fully automate its Pilbara rail operations has achieved a milestone, with the first unmanned train journey successfully completed over a distance of nearly 100 kilometres.
Canada's Kirkland Lake Gold, which is a major backer of TSX-listed Novo Resources Corporation - the company at the centre of a mini gold rush in the Pilbara - has thrown its weight behind Perth-based explorer De Grey Mining, which is one of several local explorers active in the same area.
Fortescue Metals Group has partnered with ANZ Banking Group to set up a $50 million leasing facility for indigenous-owned businesses that have contracts with the iron ore miner.
BC Iron has entered into an agreement to buy iron ore tenements in the west Pilbara owned by Clive Palmer’s Mineralogy, for $9 million in cash plus royalty payments.
The Chamber of Commerce and Industry of WA has warned a Commonwealth Grants Commission proposal for states to retain more revenue from royalty rate changes when calculating the GST distribution might encourage tax hikes, potentially discouraging investment in the mining industry.
The state’s resources industry achieved higher sales in the 2017 financial year at $105 billion, but investment in the sector has fallen to $22 billion according to new data.
Pilbara Minerals has secured an offtake and $28 million equity deal with Chinese car maker Great Wall, effectively replacing a previous financial commitment from one of the aspiring miner’s other offtake partners.
Gold explorer Okapi Resources has enjoyed fruitful gains on its first day as a listed company, which came nine months after its directors attempted to float the business as Huntsman Resources.
Listed exploration companies increased their spending in the three months to June, according to a new report by accounting and corporate advisory firm BDO.
The Australian Securities Exchange has asked the Chamber of Minerals & Energy of Western Australia to retract a statement claiming the ASX could force listed gold miners to suspend trading in their shares because of the planned increased in WA's gold royalty.
Perth-based Monadelphous Group has won a suite of new contracts and extensions for maintenance and construction work around Australia and internationally, to the tune of $220 million.
Northbridge-based Matsa Resources has signed an agreement to acquire Saracen Mineral Holdings’ Red October gold mine near Laverton for about $2 million in cash and shares.
SPECIAL REPORT: Blackham Resources has overcome a number of hurdles following its transition from explorer to producer, while the state’s emerging miners wrapped-up a busy 12 months.
Copper-focused Tiger Resources has secured a $US18.2 million ($A22.9 million) facility agreement with two of its existing lenders, to fund ongoing work it its Kipoi operation in Africa whilst it pursues recapitalisation plans.
Mining contractor Barminco has announced the recruitment of Thiess executive general manager Paul Muller as its new chief executive, succeeding Peter Stokes who resigned last month.
Sheffield Resources is set to receive a mining lease for its Thunderbird mineral sands project near Derby, after the Federal Court threw out a native title appeal by a local Aboriginal group.
Mining executive Darren Townsend has left the top job at Peak Resources to become the chief development officer at Neometals, though he will continue at Peak as a non-executive director.
Gold junior Red 5 has flagged a further $30 million impairment charge against its Siana gold project in the Philippines, on top of a $70 million write-down on the asset in March.
BHP Billiton chief executive Andrew Mackenzie has seen his annual pay more than double in FY17 after his short term incentive payments (STI) were restored during the year.
Six local resources companies have announced capital raisings of around $26 million for projects including in lithium and rare earths, with one of the businesses, Okapi Resources, planning to join the ASX bourse.
Perth companies Mineral Resources and Galaxy Resources have waded into an extraordinary dispute over their respective corporate governance standards, triggered by the role played by Chinese businesswoman Xi Xi.
Gascoyne Resources has mandated two of Australia's largest banks to arrange a $60 million debt facility for the development of its Dalgaranga gold project in the Murchison region.
Mineral sands miner MZI Resources will spend $5 million to significantly upgrade the output capacity of its Keysbrook operation near Serpentine, which has been underperforming since it came online in 2015.
