Mining

Peel Mining has announced completion of a $6 million share placement to fund work on its zinc-lead project while Triton Minerals has launched an entitlement offer for the same amount.

Osborne Park-based Decmil Group has won a $75 million contract with BHP Billiton to upgrade and expand accommodation for the miner's existing operations and its planned South Flank iron ore project near Newman.

Eastern Goldfields has announced a conditional deal with an international asset manager to raise up to $30 million, with the proceeds used to maintain operations at the company's Davyhurst gol

Fortescue Metals Group has appointed Mark Barnaba as the company's new co-deputy chair, alongside Sharon Warburton.

Cuts to Chinese production and inaction by some big mining companies could present an opportunity for WA resources players.

Australian Mines has raised $20 million through a strongly supported share placement, while denying any involvement in the leaking of details regarding the placement to the media.

Mining explosives and chemicals manufacturer Orica made the final investment for its ammonium nitrate plant in the Pilbara in September, with final state government approvals expected by the end of

Mining explosives and chemicals manufacturer Orica made the final investment for its ammonium nitrate plant in the Pilbara in September with the final State Government approvals expected by the end

New Century Resources has raised $52.9 million to restart the Century Zinc Mine in Queensland, initially by reprocessing the tailings.

It has been a hectic few days of raising funds for Perth-based miners Aspire Mines, Rumble Resources and Australian Mines.

Global facilities management giant Sodexo, which counts Rio Tinto's iron ore business among its major clients, is buying Australian competitor Morris Corporation, the manager of Fortescue Metals Group's three major camps.

Shares in Mustang Resources fell 56 per cent today as the Perth-based miner of rubies in Mozambique resumed trading after a disappointing auction of rubies.

Gina Rinehart's Hancock Prospecting Group more than doubled profit to $1.1 billion in the year to June, the highest level since 2011, with the company paying or providing for $767 million in dividends to the family.

Mozambique ruby miner Mustang Resources, which suffered a 30 per cent share price plunge on Monday after a strong rally in recent weeks, has announced a disappointing inaugural tender in Mauritius.

Strandline Resources is scouting for partners to develop its $173 million zircon-rich Coburn project 250 kilometres north of Geraldton.

Revenues at Swick Mining Services are up, in another sign of a strengthening mining sector, with managing director Kent Swick saying the new financial year had brought some optimism.

The independent directors of Finders Resources have questioned some of the claims and assumptions used by Indonesian group Eastern Field Developments, which has announced a takeover offer for the West Perth company.

Perth-based Emeco Holdings has added to the acquisition of two east coast mining equipment rental businesses, today announcing a $70 million takeover of fellow Western Australian company Force Equipment.

Indigenous contracting group Eastern Guruma, which has contracts or joint ventures with the likes of Rio Tinto, Fortescue Metals Group, NRW Holdings and Carnegie Clean Energy, has been placed into administration.

Mark Creasy has emerged as a substantial shareholder of Myanmar Metals as the explorer continues to recover after a troubled year.

Fortescue Metals Group, Iluka Resources and Rio Tinto are among the five overall category winners in the 2017 state government's Awards for Excellence.

Ausdrill's long-serving chairman, Terry O'Connor, has announced he is handing over the reins to his deputy Ian Cochrane later this year, putting to rest a 24-year career with the mining services business.

Gold miner Doray Minerals is considering a joint venture arrangement with Metals X spin-out Westgold Resources over its Gnaweeda project.

Perth-based Altech Chemicals has received firm commitments for a $17 million capital raising to fund ongoing development of its high-purity alumina plant in Malaysia.

Chinese company Tianqi Lithium has approved the second stage of its processing plant in Kwinana, a $300 million investment to double production capacity to 48,000 tonnes of lithium hydroxide per annum.

Fortescue Metals Group is on track to the meet its annual iron ore shipments forecast but has downgraded its guidance on the price it expects to realise.

Exports through Port Hedland could reach 700 million tonnes per annum within a decade, contributing an extra $4.8 billion to Australia's GDP, according to a report by ACIL Allen, as debate continues about the impact of iron ore dust on the nearby township.

Local graphite companies Volt Resources and Sovereign Metals have announced plans to raise a combined $45.4 million from investors to fund development of their operations in Africa.

Local gold explorers Echo Resources and Kairos Minerals have raised a combined $22 million from investors to fund ongoing work at their respective projects in Western Australia.

Sheffield Resources has tapped investors for $32 million to fund ongoing development of its Thunderbird mineral sands project in WA.

Africa-focused gold explorer Cardinal Resources has attracted an equity deal through brokerage firm Clarus Securities for a $C12 million ($A12.2 million) investment in the business.

Phosphate explorer Avenira has announced plans to raise up to $15 million from investors, while flagging another ‘significant' capital raising in the coming year for its Baobab project in Senegal.