Perth-based uranium explorer Mantra Resources Ltd is set to raise $24 million, after agreeing to place 12 million shares at $2.4 million, after agreeing to place 12 million shares at $2.00 each to Highland Park and its nominees.
Western Australia has lost ground in its proportion of national exploration expenditure, slipping two percentage points between the September and December quarters of 2007 to achieve a 50.1 per cent spend, new Australian Bureau of Statistics figures show.
Takeover target Rio Tinto has established a partnership with Curtin University which will see the launch of the mining giant's second innovation centre, the Materials and Sensing Centre.
Base metals miner Kagara Zinc Ltd has cut its copper production forecast for this year by ten per cent to 27,000 tonnes after bad weather adversely affected its operations in northern Queensland.
View Resources Ltd major shareholder IMC Resources (Australia) Pty Ltd has thrown a lifeline to the failed gold miner, offering to advance a $19 million loan to View's administrators.
A joint venture involving engineering and construction company Clough Ltd has been selected as the preferred proponent for the $200 million Wivenhoe Cressbrook pipeline project in Queensland.
Subiaco-based mineral exploration company Venture Minerals has sold $1.04 million of shares at a discount to fund further exploration of a magnetite and tin project in Tasmania.
Following a definitive feasibility study of its Roseby Copper project in Queensland, West Perth-based Universal Resources Ltd has now assessed the value of the mine at $282 million, an increase of $96 million in preliminary results.
Perth-based Focus Minerals Ltd has announced a $64 million acquisition, development and funding strategy to consolidate ownership of the Coolgardie Gold Field and an expanded development program in both gold and nickel.
Boss Energy Ltd has agreed to partner in the acquisition of the 107.6 square kilometre Tortay oil concession in Kazakhstan for a consideration of US$5 million ($5.38 million) cash and 20 million fully paid ordinary shares.
Aspiring iron ore miner Gindalbie Metals Ltd has disclosed that it may need to modify its start-up mining plans because of environmental issues associated with its $1.8 billion Karara project in the Mid West region.
Goyder already hands-on at Coles It might have looked a bit small town, but when Wesfarmers Ltd boss Richard Goyder talked about how he’d sorted out the management of his local Mosman Park Coles store
THE $21 million Australian Centre for Energy and Process Training, established to address the chronic shortage of skilled workers within the oil and gas industry, has welcomed its first intake of stud
Universal Resources Ltd has placed 33.8 million shares at 65 cents each with New South Wales-based Tulla Resources Group Ltd to raise about $2.2 million
Talisman Mining Ltd and Proto Resources and Investments Ltd have agreed to shelve the proposed $4 million initial public offer of their uranium joint venture, Protal Metals Group Ltd.
Uranium explorer Bannerman Resources Ltd plans to accelerate development of its Goanikontes uranium project in Namibia, following confirmation it is to raise C$21 million ($22.8 million) through a fully underwritten capital raising to Canadian investors.
A joint venture between Pacific Ore Ltd and the Shanghai-listed, Western Mining Joint Stock Company, is set to commission a full scale feasibility study into the development of a commercial scale Bioheap operation in Inner Mongolia.
Former state government minister John Bowler has announced he will stand for the seat of Kalgoorlie as an independent candidate at the next state election, due in early 2009.
Subiaco-based mineral explorer TNG Ltd is set to joint venture a portfolio of non-core mineral exploration projects in the Northern Territory with Western Desert Resources Ltd.
West Perth-based Brumby Resources Ltd has launched an underwritten 1-for-2 pro-rata non-renounceable entitlements issue, to raise a total of $2.57 million for exploration at its Pilbara iron ore projects.
The three directors of West Perth-based Trafford Resources Ltd have injected a total of $1.8 million into the company's exploration efforts after each exercised 4.5 million options at 25 cents a share and over 2 million options at 35 cents today.
A company that has applied aerospace-grade composite materials to the rehabilitation and strengthening of concrete and steel structures and equipment is preparing to launch a public offer to raise funds to commercialise the technology.
Goyder already hands-on at Coles It might have looked a bit small town, but when Wesfarmers Ltd boss Richard Goyder talked about how he’d sorted out the management of his local Mosman Park Coles store
West Perth-based Carnegie Corporation has bought two new technologies, further strengthening its position as a diversified clean technology developer and operator.
THE $21 million Australian Centre for Energy and Process Training, established to address the chronic shortage of skilled workers within the oil and gas industry, has welcomed its first intake of stud
Japanese company INPEX announced today that it may build its proposed LNG plant at Darwin rather than at its currently preferred option of the Maret Islands off the remote Kimberley coast.
Shares in Image Resources NL spin-out, Emu Nickel Ltd, opened at 39 cents each on their Australian stock exchange debut today, 22 per cent down on their offer price of 50 cents.
