Shares in local explorer Ausquest have surged on news the company has struck an agreement with BHP Billiton spin-off South32, with the two companies to form a joint venture over prospective projects.
Engineering and project management firm WorleyParsons says the slump in activity among its customers, which caused revenue to plunge by 35 per cent and pushed the company to a first-half loss, may have bottomed out.
Perth-based explorer Gascoyne Resources has confirmed a $55 million capital raising to fund development of its Dalgaranga gold project in the Murchison region.
Mount Pleasant-based GBM Resources has struck a friendly merger agreement with listed Canadian company WCB Resources, bringing together gold projects in Australia and Papua New Guinea.
Resurgent iron ore miner Atlas Iron will begin production at its Corunna Downs project in the Pilbara in March next year, after giving the green light for its development today.
WHL Energy has cleared the way to reinvent itself as a technology business after raising $5 million from investors ahead of its reverse takeover of Perth-based Quantify Technology.
Mineral Resources has flagged a full-year earnings upgrade of 25 per cent for the 2017 financial year, after achieving a 191 per cent lift in net profit.
Civil and mining contractor NRW Holdings says it is well placed for more earnings growth and it is seeking new partnership and acquisition opportunities, after lodging a solid net profit for the fi
Chinese conglomerate Shandong Tyan Home has acquired its second gold mine in Western Australia, reaching an agreement to buy the Southern Cross Gold operation in the Yilgarn for $330 million.
Diversified miner South32 has posted a sharp jump in half-year underlying earnings, thanks to ongoing cost reductions and stronger coal and manganese prices.
Iron ore miner Citic Pacific will cop a write down of up to $US1 billion on its Sino Iron magnetite operation in the Pilbara, less than a year after the facility completed commissioning.
Perth mining industry software entrepreneur Norman Pater has put his money where his mouth is, with his private company, Pater Investments, supporting the Greens WA to the tune of $99,500.
Perth-based NRW Holdings has won a $40 million contract to provide its services to Macmahon Holdings, which is operating at Newcrest Mining’s Telfer gold mine in the Pilbara.
Saracen Mineral Holdings has entered into an agreement to purchase the Bundarra gold project from Bligh Resources in an all-scrip deal worth $8.5 million.
Indigenous contractor Guma ICRG has won two contract extensions for work on Fortescue Metals Group’s rail line and roads infrastructure in the Pilbara for an undisclosed sum.
Metals X spin-off Westgold Resources has entered into a toll processing agreement with Canadian company RNC Minerals that comes with an option to sell its South Kalgoorlie operations for $80 million in cash and shares.
Perth-based gold explorer KIN Mining has announced a board restructure that includes a change in chair and managing director roles, as it works towards development of its Leonora project.
Macmahon Holdings has been chosen by an Indonesia-based company to asses options to expand a copper-gold mine, and has been named preferred contractor under a three-year term if plans to expand go ahead.
Newcrest Mining will pay its first interim dividend in four years after more than doubling first-half profit on the back of higher prices and increased gold and copper production.
The WA Nationals will today commit $150 million to the Western Australian School of Mines, with the cash to be funnded from revenue it hopes to gain with a proposed new iron ore tax.
Metals explorer De Grey Mining has entered into an option agreement to acquire private company Northwest Nonferrous Mining Australia’s Indee gold project near Port Hedland for $15 million.
Graphite-focused Talga Resources has named Orbital Corporation chief executive Terry Stinson as its new chairman, replacing Keith Coughlan who will remain with the business in a consultancy role.
Perth-based Ardea Resources has wrapped up its first day of trading on the ASX, after spinning out from Heron Resources and raising $5.2 million from investors.
Perth-based miner Mount Gibson Iron has started development of its Iron Hill mine in the Mid West after receiving final approvals, and hopes to begin producing by as early as May.
Rio Tinto has bounced back to profitability, reporting full-year profit of $US4.6 billion ($A6.1 billion) for 2016 on the back of a jump in iron ore prices.
State Treasurer Mike Nahan has put his neck on the line to stop the Nationals WA's proposed mining tax, saying he will resign from the portfolio if a post-election Liberal government does a deal to lift royalties.
Galaxy Resources has set the bar for the largest capital raising undertaken by a WA-based company for 2017, announcing a $61 million capital raising to fund development work at its Sal de Vida lithium project in Argentina.
