Liontown Resources has announced a $3.4 million capital raising to fund fast-tracked exploration drilling at its Jubilee Reef gold project in Tanzania.
Nickel miner Western Areas has reported a $94.7 million drop in full-year net profits, a result of the continued weakness in global nickel prices and sustained strong performance by the Australian
Navigator Resources has been left high and dry by its potential white-knight, with Singapore-based investment house LionGold Corporation deciding not to make a formal takeover proposal for the emba
Drilling fluids and services provider Imdex has hailed an "exceptional" performance in financial year 2012, with the company lodging record revenue and profit for the 12 months to June 30.
Modular construction group Fleetwood Corporation has reported a record net profit for the year ended June 30, despite a 13 per cent drop in full-year revenue.
Mining and construction contractor Macmahon Holdings has lodged a record net profit of $56.1 million for the year to June 30, on the back of a 49 per cent jump in revenue to $1.9 billion.
Gindalbie Metals has secured an additional $US250 million in financing required to complete construction of its Karara iron ore project in the Mid West.
Perth-based Volta Mining, headed by former DMC Mining founder and managing director David Sumich, is venturing into central West Africa with the acquisition of its first iron ore project.
BlueScope Steel expects its financial performance to improve in the year ahead after posting a $1.04 billion loss in the 12 months to June.The company had forecast the massive deficit.
The Department of Treasury has been told mining companies may be forced to use less experienced staff to proceed on a significant pipeline of construction in the sector.
Canadian-owned HNZ Australia has extended its long-running contract with Rio Tinto, purchasing three new helicopters to take marine pilots to the mining giant’s iron ore carriers at Dampier and Cap
Norfolk Group has won a $56 million contract to provide a radio-based rail signalling system for GE, at Fortescue Metals Group’s track duplication project between Port Hedland and the Christmas Cre
Mining contractor Byrnecut has boosted its work book, finalising a $350 million contract at the Kibali gold project in Africa to add to its recent win at St Barbara’s Gwalia Deeps mine, where its n
Mining services group ADG Global Supply has reported a net profit of $1.75 million for the year ended June 30, the result of significant growth across its industrial products, global procurement an
Ivanhoe Australia plans to cut costs by almost $100 million and reduce spending by up to $74 million over the next two years as it tries to improve cash flow and look to joint ventures in volatile
Nickel miner Mincor Resources has bounced back into the black, lodging a net profit of $240,000 for the year ended June 30, despite a 19 per cent drop in nickel prices.
Shares in Horseshoe Metals are skyrocketing after the junior explorer announced significant copper hits from drilling activities at the Horseshoe Lights project near Meekatharra.
The resources sector has welcomed a state government plan to establish a new mining rehabilitation fund, saying the move will free up significant funds at the beginning of the project development s
Paladin Energy stocks jumped on the ASX today, after the Perth-based uranium miner announced a six-year off-take contract with a major utility for ore from its African mining operations.
Engineering and construction company Forge Group has confirmed a significant jump in profits for the year to June 30, the firm’s fifth consecutive year of growth.
WESTERN Australia is rapidly emerging as a centre of excellence for mine automation, with resources demand for remote operated equipment spurred on by high wages costs, adherence to strict safety r
Venture Minerals has lined up $17 million in new capital to fund its Livingstone and Riley direct shipping iron ore projects in Tasmania to production, with magnate Dale Elphinstone’s private compa
