Rio Tinto Iron Ore has confirmed it has suspended operations at its HIsmelt joint venture in Kwinana for three months on the back of falling demand for pig iron.
Manganese miner OM Holdings says it will incur a loss of over $13 million after it closes another hedging position as Consolidated Minerals beefs up its interest in the miner.
Perth-based Condor Nickel has agreed to merge with its shareholder, Chinese controlled Chihong International Mining, with the merged entity to have a host of projects across Western Australia.
CITIC Pacific Mining has been given the green light to submit proposals for a 70 million tonne operation for its Sino iron ore project in the Pilbara following the passing of amendments to its state agreement act.
Fortescue Metals Group has dismissed the value of over $190 million of legal claims over the suspension of its shipping contracts as "ambit claims", as it reveals that over $2 million of its funds have been frozen in the United States.
Western Australian mining identity Tony Sage will chair the combined entity of Jackson Minerals and Scimitar Resources, which have unanimously agreed to merge.
Shares in Atlas Iron have risen sharply in early trade as the iron ore miner enters into a long-term off-take agreement for its Pardoo project in the Pilbara.
Corporate recovery experts Ferrier Hodgson say they have received significant expressions of interest for the acquisition of copper miner CopperCo, which went into receivership last month.
The continued high risk of Rio Tinto's debt following its Alcan acquisition has prompted international ratings agency Moody's to downgrade the miner's rating.
Minemakers is targeting first production from its Northern Territory project next year as it unveils capital costs of around $100 million for Australia's largest phosphate resource.
Oil and gas explorer Salinas Energy will close its Perth office as its managing director transfers to California as part of restructure plans to help maintain the company's oil production profitability.
A WESTERN Australian technology company that specialises in down-hole survey tools is making headway in Australia and on the international market, despite the global economic turmoil forcing resources projects to shutdown.
Four years after winning a boardroom stoush, St Barbara chief executive and managing director Eduard Eshuys has tendered his resignation with former Newcrest Mining executive Tim Lehany to take over.
Amid a backdrop of falling base metal prices, Northbridge-based Impact Minerals says it will focus on its Nowthunna uranium joint venture in Western Australia following the state government's decision to lift the uranium mining ban.
The state government will ask the private sector to submit proposals for the expansion of Exmouth Boat Habour, which is increasingly catering for super-yachts and ideally placed to service the oil and gas industry.
Redbank Mines has listened to the advice of its largest shareholder, Michael Kiernan, with the spinout of its Fiji project into a separate, dedicated gold vehicle.
Subiaco-based Rox Resources has entered into an agreement with a Chinese minerals company for the majority sale of its Myrtle zinc-lead project for $12.5 million cash.
Cape Lambert Iron Ore says any discussion to acquire more assets remain confidentional and incomplete as reports reveal the company has been in talks over OZ Minerals and CopperCo's assets.
Brisbane-based Intrepid Mines is set to benefit from a full exposure to the gold price as it closes its hedge book for its Paulsens gold mine in Western Australia.
Subiaco-based Red Emperor Resources plans to raise $25 million early next year as it enters into an agreement to acquire a majority stake in a Russian project for nearly $14 million.
Mining and market groups have called the federal government to fast track the implementation of its promised investment incentive scheme that is expected to encourage mineral exploration.
The weaker Australian dollar is expected to provide a buffer for Australia's commodity export earnings, which is forecast to drop by over 10 per cent for the 2009 financial year.
Shares in Andrew-Forrest-led Poseidon Nickel jumped as much as 30 per cent today on news the company had entered into exclusive talks to acquire a "significant" nickel project in Western Australia.
Grange Resources shareholders have overwhelmingly voted in favour of its merger with private Tasmanian magnetite iron ore pellet producer Australian Bulk Minerals.
Rio Tinto appears to have lost its rights to the northern half of a valuable mining concession in Guinea that is intergral to its iron ore production plans.
