BC Iron chief executive Alwyn Vorster has joined the board of the iron ore company, and will continue to serve in his current role as well as managing director.
Gold producer Resolute Mining looks likely to recommence open-pit mining at its Ravenswood underground operation after a feasibility study released today suggested it would extend mine life to 2029.
ANALYSIS: A convergence of geopolitical and political events is causing widespread concern across Europe and the US, and WA’s gold sector could offer some stability for investors.
Mineral Resources and Pilbara Minerals continue to lock horns over an offtake agreement for lithium mined at the Pilgangoora project, with the companies exchanging words over the ASX today.
BHP Billiton is locked in a $1 billion dispute with the Australian Taxation Office over the amount of taxes payable on the sale of Australian commodities to its Singapore marketing business, while its chief executive has seen his annual pay slashed in half follwoing the Samarco dam disaster.
SPECIAL REPORT: A record high Australian dollar price in June has provided a tailwind for the state’s gold sector, and 2017 is looking to be a similarly positive year.
Perth-based contractor NRW Holdings has rattled the tin for $20 million to reduce its debt levels and place the company in a better position to pursue future opportunities.
Pilbara Minerals boss Ken Brinsden said today there was a reasonable chance the company would double the production capacity at its Pilgangoora lithium project, after releasing a definitive feasibility that confirmed the positve economics of its base-case development.
SPECIAL REPORT: Some of Western Australia’s biggest gold miners plan to boost their exploration spend in the coming year, with Saracen Mineral Holdings and Northern Star Resources among those committed to putting increasing amounts ‘into the ground’.
SPECIAL REPORT: Innovation is a key plank of Resolute Mining’s strategy to keep costs down and extend mine life, managing director John Welborn told Business News, while acknowledging the pressures such a plan placed on capital and human resources.
Mineral Resources is a step closer to developing its bulk ore transport system (BOTS) in the Pilbara after the project was recommended for approval by the environmental watchdog.
Indigenous corporations in Western Australia have experienced a fall in average income for the first time in five years, though the state’s largest Aboriginal corporations, listed in the BNiQ Search Engine, have defied the downturn.
Andrew and Nicola Forrest’s company Forrest & Forrest has lodged an appeal against the Supreme Court’s decision to allow Tony Sage-led Cauldron Energy to explore for uranium at Minderoo Station.
Downer has announced major contract wins at the Boddington gold mine and Karara Mining, with the latter signalling that the loss-making iron ore project is likely to continue operating.
BHP Billiton says its plans to invest in a huge new iron ore mine in the Pilbara are threatened by The Nationals WA's proposed new $5 a tonne mining tax.
Contractors Doug Grewar and John Silverthorne are planning to develop the Brightstar gold project near Laverton, after their private company signed an agreement with project owner Stone Resources A
Mineral exploration companies Explaurum and Black Rock Mining have completed capital raisings totalling $10.5 million to advance their gold and graphite projects respectively.
It was a successful day for participants in the Egan Street Resources initial public offering, with shares in the gold hopeful up 50 per cent on the first day of trading.
The capital cost of ASX-listed European Metals’ potential lithium mine and processing plant in the Czech Republic has come down by around $US85 million, to $US169 million, the company revealed today.
Iron ore exporter Fortescue Metals says it will repay $US700 million ($A925 million) of its debt, generating annual interest savings of about $US26 million.
Davenport Resources has launched a $5 million capital raising to support its plans to acquire a potash project majority owned by West Perth-based Potash West and list on the ASX.
The Environmental Protection Authority has recommended approval of global miner Cliffs Natural Resources’ plans to extend its Koolyanobbing iron ore operations, as Mineral Resources continues to seek approval for its own expansion plans in the same region.
ANALYSIS: It has been a high-profile week for extremely private explorer Mark Creasy, with two major pieces of news that appear likely to add to his already significant wealth.
Diversified miner South32 chief executive Graham Kerr earned $4.1 million in 2015-16, but lost more than a third of his short-term incentives due to fatal workplace accidents.
Michael Fotios’s Eastern Goldfields has made its second strategic investment this week, announcing today a $6 million deal to earn-in to Windward Resources and Mark Creasy’s nickel and gold portfolio in the Fraser Range.
