Ramelius Resources is set to become a 200,000 ounces per annum gold producer after acquiring Evolution Mining’s Edna May operation near Merredin for up to $90 million in cash and shares.
Four local mining hopefuls have raised $13.2 million between them for new projects, with Egan Street Resources and Ardea Resources in the two biggest deals.
Two of the largest contracts held by fallen Perth company Brierty have been terminated, as uncertainty hangs around the company’s future after last week's appointment of administrators.
Poseidon Nickel has secured its fourth memorandum of understanding to develop the Lake Johnston nickel project, with today’s move to explore for lithium with Lithium Australia.
West Perth based Sheffield Resources has moved a step forward on its Thunderbird mineral sands project, securing an offtake deal with Indian business Ruby Ceramics to supply 6,000 tonnes of zircon annually for at least three years.
A Supreme Court ruling handed down this week casts doubt on how the state government has calculated stamp duty on mining company takeovers, potentially overcharging miners tens of millions of dollars over more than a decade.
Kidman Resources has finalised a $110 million joint venture agreement with Chilean company SQM for the Mt Holland lithium project, while Altura Mining has begun extracting ore at its Pilgangoora lithium project.
Gold miner Evolution has confirmed the receipt of several offers for its Edna May gold mine in Western Australia, and is determining whether a sale will be in the best interest of shareholders.
Perth companies Mineral Resources and Zenith Energy have added to the diversity of their boards, appointing Chinese businesswoman Xi Xi and local executive Stephanie Unwin to their respective boards.
Welshpool-based Mineral Commodities has signed an agreement with Gold Terrace to earn-in to the Munglinup graphite project West of Esperance in a part cash, part scrip deal worth about $4.6 million.
Local explorers MacPhersons Resources and Venture Minerals have announced plans to raise a combined $6.3 million to fund ongoing work at their respective prospects in the state.
SPECIAL REPORT: The effects of a Fifo lifestyle on the workforce have prompted changes in workplace practices among some of the major resources sector players.
Shares in Brisbane-based Diatreme Resources were up 20 per cent today as the company signed a memorandum of understanding with Chinese company ENFI Engineering Corporation to undertake a bankable feasibility study at the Cyclone mineral sands project.
Mining and civil contractor Maca has raised $60 million to expand its mining fleet, driven by what the company described as an exceptional pipeline of available work.
Junior explorer Peel Mining has announced plans to spin-off its Apollo Hill gold project near Leonora into a new company and list it on the ASX by way of an initial public offering.
Poseidon Nickel is in discussions with Empire Resources for the processing of gold ore at its mothballed Black Swan processing facility near Kalgoorlie, while Empire has secured two loan deals to help pay for essential mining costs.
Troubled civil construction and mining services business Brierty has been placed in voluntary administration after failing to secure what it considered to be an adequate pipeline of future work.
Gold junior Orinoco has tapped investors for a near-$5 million capital raising and a $3 million investment by AngloGold Ashanti, as it progresses development of its Cascavel operation in Brazil.
Local explorer Australian Mines has entered into an agreement to buy out its joint venture partner at the Sconi cobalt-nickel-scandium project in Queensland for $10 million in cash and scrip.
The state government is considering amendments to the Mining Act in the wake of the High Court’s recent ruling that kept sand mining off Andrew Forrest's family pastoral station in the Pilbara but cast into question the legitimacy of other granted mining leases since 2006.
NRW Holdings’ recently acquired east coast business, Golding Contractors, has been hired to provide its services to a coal mine in Queensland under a $25 million contract.
Western Australia was the largest contributor to an increase in exploration spending in the three months to June according to new data which was released just days after the federal government announced a $100 million exploration incentive.
Metals X says the recent closure and subsequent reopening of its Nifty copper mine will dent production for the quarter, but it has maintained its full-year target.
The founders of four Western Australian businesses, in industries ranging from mining software and horticulture to construction and industrial equipment, have been selected as finalists in the 2017 EY Entrepreneur Of The Year awards.
Heavy equipment supplier Emeco Holdings has its sights set on a positive year ahead, after narrowing its net loss to $180 million following a year of write-downs and the completion of a three-way merger.
