Mining

NICKEL explorer Western Areas Ltd has discovered what it believes is a nickel deposit that could be as big as its Flying Fox deposit, which is about 400 kilometres east of Perth at its Forrestania pro

Welshpool-based mining and earthmoving contractor NRW Holdings Ltd has been awarded three contracts worth a combined $24.5 million on Rio Tinto projects in Western Australia, the company has announced.

Perth-based NuPower Resources Ltd and South Perth's Northern Mining Ltd have entered into a joint venture for work on a uranium tenement belonging to Northern and situated in the Northern Territory.

West Perth-based Albidon Ltd has engaged the Zambia branch of Byrnecut Mining International Ltd as the mining contractor for its Munali Nickel Project under a three year contract, the company has announced.

Subiaco-based Natural Fuel Ltd has signed a letter of intent for a long-term offtake agreement with GEM BioFuels Plc for the supply of crude jatropha oil as a feedstock for its Singapore biodiesel facility.

Perth-based gold and base metals explorer Mount Burgess Mining NL has announced plans to raise $1.2 million through a placement, to fund exploration drilling and other test work at its projects in Botswana and Namibia.

West Perth-based Precious Metals Australia Ltd plans to change its name to Windimurra Vanadium Ltd in a move to reflect the company's focus on its mid west project, whit it aims to bring into production next year.

Perth-based uranium explorer Atom Energy Ltd has finalised the acquisition of seven uranium exploration licences in the Northern Territory, the company has announced.

West Perth-based minerals explorer Resource Mining Corporation Ltd will raise $2.3 million through a renounceable rights issue to shareholders on a one for 10 basis, the company has announced.

Como-based GME Resources Ltd will add will acquire an 80 per cent stake in two nickel projects in the Murrin Murrin region from Wanbanna Pty Ltd for $50,000 and the issuing of 12 million shares and 2 million options, the company has announced.

Shareholders in Nedlands-based Dioro Exploration NL have approved the acquisition of Harmony Gold Mines Ltd's South Kalgoorlie Mining Operations as well plans to spin-off of its nickel holdings, list on the Toronto Stock Exchange and raise $70 million.

West Perth-based Jabiru Metals Ltd has refinanced a major debt facility of $US40 million, releasing Consolidated Minerals Ltd from a guarantee it had provided for the original loan.

West Perth-based metals explorer Reed Resources Ltd has raised $16.2 million through a placement, with plans to complete a definitive feasibility study on its Barrambie vanadium project and advance future project development.

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East Perth-based Macmahon Holdings Ltd has joined Standard & Poor's All Australian 200 index, after Centro Shopping America Trust was removed from the list after merging with Centro Retail Trust.

Shares in nickel miner Sally Malay Mining Ltd closed up 7.3 per cent to $5.27 after the company announced a significant upgrade in reserves for its Lanfranchi joint venture project, south of Kambalda.

West Perth-based mineral explorer EnviroGold Ltd has announced plans to raise $16 million through a placement to develop its 70 per cent owned Las Lagunas Gold Tailings Project in the Dominican Republic.

Perth-based petroleum player Samson Oil and Gas Ltd has raised $3.4 million through a placement, with funds to be spent on exploration of its US oil and gas projects.

Murchison opens $938m bid for Midwest; World economy to be tested by the recent credit squeeze; QLD launches $654m rail funding; construction market plummets in August; Gorgon project granted environmental approval.

Subiaco-based Ironbark Gold Ltd has taken a 5.4 per cent stake in West Perth-based gold explorer Sabre Resources, through the purchase of 4 million shares in the company worth around $2 million.

West Perth-based minerals explorer Central Asia Resources Ltd has signed a deal with Kazakhstan-based Kazakhstan-Australia Association Ltd, giving it first right of refusal on several exploration prospects adjacent to its current joint ventures.

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The Chamber of Commerce and Industry WA is leading a trade mission to China next week as part of a series of visits to the nation.

ALUMINIUM producer Alcoa of Australia is preparing to relocate some members of its Booragoon team, with a new purpose-built office in Pinjarra close to completion and a refurbishment of its existing o

Like many drilling companies, Swick Mining Services Ltd was hit hard by the downturn in exploration spending early this decade.

West Perth-based Sabre Resources Ltd has closed a $3.5 million capital raising oversubscribed, the company has announced.

Shareholders in West Perth-based gold miner Artemis Resources Ltd have take up 96 per cent of the 50.8 million loyalty options it offered earlier this year, the company has announced.

Bibra Lake-based mining services company Mineral Resources Ltd will construct ore crushing and beneficiation facilities worth $300 million for West Perth-based Precious Metals Australia at the company's Windimurra vanadium project.

West Perth-based Heron Resources Ltd has approved the commencement of trial mining and construction of the Demonstration Leaching Project on its Jump-up Dam Heap Leach Nickel Project, expected to cost $5.5 million.

Diversified minerals explorer India Resources Ltd plans to raise up to $20 million to drive development of its Surda copper project in India and fund further exploration to leverage India's resources potential.

Aurox Resources Ltd has estimated capital costs of $603 million for its wholly owned Balla Balla iron ore project in Western Australia's Pilbara region with the release of its bankable feasibility study today.

Rio Tinto Iron Ore has confirmed it will start flying workers in and out of Busselton in a bid to tap the growing population of the South West.