West Perth-based Convergent Minerals Ltd has secured an option to acquire the Bounty gold mine in the Eastern Goldfields and will embark on a $2.5 million capital raising.
Nedlands-based Integra Mining Ltd will move to feasibility study for its Randalls gold project near Kalgoorlie after an earlier study pegged capital costs at $85 million.
A mining representative body has called on the federal government to reconsider plans to heritage list 17 million hectares of Kimberley land, saying it could seriously damage the future of mining in Australia.
West Perth-based Polaris Metals NL Has signed a memorandum of understanding with the Fremantle Ports that will focus on finalising the best option to export ore from its Yilgarn iron ore project at the bulk berths at Kwinana.
At a time of market volatility, Perth-based Gindalbie Metals Ltd has eliminated the need to raise equity as its Chinese project partner AnSteel contributes a further $123 million to the $1.8 billion Karara iron ore project.
Uncertainty in global markets has prompted West Perth-based Zambezi Resources Ltd to suspend all but one drilling activities in Zambia in a bid to redirect its focus to its main copper discovery.
Just days after shareholders in Cape Lambert Iron Ore Ltd voted to sell the namesake iron ore project, new owner MCC has sold a majority stake in the project to Russian steel making giant Evraz Group S.A.
Despite record prices, the gold sector has failed to glitter like other commodities, with the failure of marginal producers having a knock-on effect in the service sector.
Apex Minerals NL Todd Bennett has been appointed non-executive director to the board. Automotive Technology Group Ltd Jamie Scoringe has resigned as joint company secretary.
In a move that reflects its growing presence in the international mining industry, Perth-based CSA Australia Pty Ltd has changed its name to CSA Global Pty Ltd.
Takeover target Ausdrill Ltd has forecast earnings growth in the 2009 financial year of at least 20 per cent after posting a 31 per cent increase in net profit after tax for fiscal 2008.
West Perth-based Mirabela Nickel Ltd will spend a further $68 million on its Santa Rita nickel project in Brazil to increase the production rate by 40 per cent.
Less than a week before shareholders are due to meet, West Australian Metals Ltd has sought legal advice to clear up claims that dissident shareholder Vladimir Nikolaenko could control more than 40 per cent of the company.
Macquarie Bank Ltd has emerged as the biggest shareholder in Perth-based African gold explorer Azumah Resources Ltd after subscribing to shares worth nearly $2 million.
The state government has approved a plan to extend the life of Iluka Resources Ltd's mineral sands processing facility near Geraldton by more than 10 years.
A Western Australian Supreme Court judge has reserved his decision in the battle between Western Areas NL chairman Terry Streeter and a group of businessmen behind unrelated company Western Areas Exploration.
Perth-based Perilya Ltd is considering its options over the Mount Oxide project as higher copper prices push the project onto the radar of several overseas and local companies.
NRW Holdings Ltd's value of contracts with Rio Tinto for the Brockman 4 iron project have increased to over $201 million after it today received a letter of intent for a $70 million bulk earthworks deal.
Gallagher Holdings, controlled by Russian minerals magnate Alisher Usmanov, is set to take more than a 20 per cent share in Perth-based Strike Resources Ltd after subscribing to shares worth $103 million.
Sinosteel Corp is persisting in its takeover bid for Midwest Corporation, extending the bid by a month, as US hedge fund Harbinger Capital increases its hold on the miner.
Perth-based Indian sandalwood grower TFS Corporation Ltd has realised its vision of becoming a vertically integrated producer after agreeing to acquire Albany-based essential oils business Mount Romance Australia.
Australasian Resources Ltd today confirmed that it has received a merger proposal from billionaire Clive Palmer's Resources Development International Ltd, which is currently finalising plans for a $5 billion initial public offer.
Record year puts pressure on BHP to lift dividend; Palmer plans takeover to build $18b resources titan; Inflation spikes on fuel, credit costs; Shifting sentiment drives banks; Macquarie challenged on funds as big asset write-downs looms
Allied Gold Ltd Jeffrey Moore has resigned as director. CBH Resources Ltd Andrew Davies has resigned as a director. In consequence, the appointment of Mr Stephen Lonergan as his alternate ceases.
Iron ore miner IronClad Mining has appointed Patrick Clifford as project manager for the development of the Wilcherry Hill Iron Ore project in South Australia’s Eyre Peninsular iron ore province.
Allied Gold Ltd Jeffrey Moore has resigned as director. CBH Resources Ltd Andrew Davies has resigned as a director. In consequence, the appointment of Mr Stephen Lonergan as his alternate ceases.
Iron ore miner IronClad Mining has appointed Patrick Clifford as project manager for the development of the Wilcherry Hill Iron Ore project in South Australia’s Eyre Peninsular iron ore province.
Western Australian stocks Mincor Resources Ltd and Panoramic Resources Ltd are just some of the nickel plays that enjoyed a healthy day on the bourse, buoyed by positive news from their respective projects.
