Debt-laden uranium miner Paladin Energy has struck agreements to sell an interest in two of its projects, with total proceeds expected to be $US205 million ($A275 million).
A rebound in iron ore prices has helped Mount Gibson Iron hit its full-year sales guidance, with the junior iron ore miner reporting ore sales volume of 5 million tonnes.
South 32 says it's met its annual production guidance for most of its commodities despite cutting production during the year, and is on course to achieve its FY17 unit cost guidance.
Below-guidance costs at Northern Star Resources have helped the gold miner increase free cash flow by 21 per cent, according to its quarterly activities report released today.
Local junior miners Prospect Resources, Azumah Resources and Sipa Resources, and Melbourne-based Red River Resources, have today announced a collective $29.8 million worth of capital raisings.
A fuel supply system at Rio Tinto’s Cape Lambert port and work on a loading jetty at Ichthys’s Darwin LNG facilities are among $140 million of contracts recently won by Monadelphous.
BHP Billiton has fallen slightly short of its revised iron ore production target for the 2016 financial year as it struggles to make up for the suspension of operations at its Samarco joint venture in Brazil and the impact of bad weather in Western Australia.
Listed companies IM Medical and Rox Resources have struck a $15 million project deal that highlights the shift in market interest from technology stocks to the mining sector.
Contractor Resource Mining has inked an agreement to co-fund Intermin Resources’ Teal gold project to production, with the mine to cost an estimated $4.5 million.
West Perth resources hopeful Altona Mining has received amended environmental authority for its Cloncurry copper project in Queensland, incorporating a new deposit and other changes into the mine plan.
A task-based risk assessment was not performed before a drill fitter was fatally crushed while working on a rig at Rio Tinto's Channar mine in the Pilbara.
Two local gold hopefuls with interests in a Cambodian project have announced a merger, with Emerald Resources to buy Renaissance Minerals in a deal valued at about $40 million.
Rio Tinto has maintained its 2016 guidance for iron ore shipments at 350 million tonnes after lifting June quarter volumes by 6 per cent from a year ago, helped by expanded infrastructure and unwinding of stocks in Western Australia.
Mt Gibson Iron has received preliminary Environmental Protection Authority approval for development of its Iron Hill deposits northeast of Dalwallinu, although there is still some process to go before work can begin.
The largest shareholder in Metals X has sold a big line of stock and foreshadowed further sales, as the diversified miner announced plans to invest $15 million developing its Fortnum gold project.
Uranium company Berkeley Energia, chaired by Perth dealmaker Ian Middlemas, plans to spend $125 million developing a mine in Spain, with the expectation that demand for yellowcake will ramp up by 2018 when the mine opens.
Sandfire Resources has lodged a mining lease application for the development of its majority-owned Monty copper-gold project, located near its flagship DeGrussa mine.
Brazilian federal prosecutors say they have opened an investigation into alleged environmental crimes by Roberto Carvalho, chief executive of BHP Billiton co-owned company Samarco Minerao SA, over a deadly damburst last year.
Chief executive salaries in WA are continuing to ratchet down, and companies are seeking more flexibility, a study of nearly 30 new appointments this year has found.
Gold miner Troy Resources has warned of a big hit to its production guidance for 2016 after facing a number of delays at its Karouni operation in Guyana.
Panoramic Resources has today confirmed plans for a spin-out of its Gum Creek gold project into a new ASX-listed company, while Metals X is considering the possible sale of its Rover gold project.
SPECIAL REPORT: The dramatic rise and fall of iron ore producers and the recent surge in gold and lithium stocks have been highlighted by a historic review of WA’s major listed companies.
A ramp-up of iron ore exports has lifted annual throughput at Port Hedland to a new record of 460.4 million tonnes, with the combined Pilbara Ports Authority tracking for a figure of 633.5mt per year.
Perth-based explorer Geopacific Resources has entered into an agreement to farm-in to Kula Gold’s Woodlark Island gold project in Papua New Guinea, in a deal worth up to $18.6 million.
Shares in Tawana Resources were up 84 per cent today as the company moved focus from iron ore to lithium, while three more Western Australian companies announced new moves in the lithium sector as keen market interest in the metal continues.
