Mining

Mineral Resources boss Chris Ellison is set to depart the iron ore and lithium miner within 18 months and pay millions of dollars in financial penalties.

Perth company Wright Prospecting has reported another massive profit as its low-key owners reap the benefits of an iron ore royalties deal negotiated more than 50 years ago.

Renowned prospector Mark Creasy’s private investment vehicle more than doubled its full year profit, aided by the sale of its lucrative stake in Azure Minerals.

Auzvolt has its sights set on Collie as it seeks to buck the global trend and deliver a viable business outside China.

Subiaco-based junior Ironbark Zinc has appointed former Nordgold boss Nikolai Zelenski as its executive-chair elect, along with announcing plans to raise $10 million.

Gina Rinehart’s Hancock Prospecting has netted a bumper $5.57 billion profit after recording one of the highest revenues in the company’s history.

Tony Sage expressed frustration at the accounting rules valuing European Lithium's billion dollar stake in US-listed Critical Metals Corp, as the ASX minnow deals with a cash challenge.

The cost of building the third chemical grade processing plant designed to lift production capacity from the Greenbushes lithium mine has again blown out to $880 million.

Westgold Resources has made a solid start following its merger with Canada-based Karora Resources, producing a record 77,369 ounces of gold during the September 2024 quarter.

Gold miner Pantoro has filed documents to sell its Halls Creek gold project to Kimberley Minerals Group for $8 million.

Embattled miner Mineral Resources has paused underground development at its Mt Marion asset and revealed the scale of its job cuts amid challenging market conditions.

Liontown boss Tony Ottaviano has battered away speculation that the company was the next cab off the rank in scaling back its battery metals operations amid weak prices.

A day after announcing its board had approved expansion for its flagship Karlawinda gold project, West Perth-based Capricorn Metals has launched a $200 million capital raise.

Pilbara Minerals will mothball one of its processing plants and pause the construction of a mid-stream project as it tightens its belt amid languish lithium market conditions.

Australia’s biggest miner will put a battery version of Australia’s most popular ute through its paces at the world’s largest bulk export port.

Gold Road’s previously revised 2024 annual guidance of 290,000-305,000 ounces of gold has been maintained, due to improved production during the September quarter.

After several barnstorming years for the commodity markets that fuel WA’s economy, headwinds buffeting most sectors are growing.

Premier Roger Cook has described native title issues as the "elephant in the room" for regional WA and called on Canberra to shelve its ‘nature positive’ reforms.

Black Cat Syndicate has announced plans to raise $80 million, as the company embraces its march towards expanded gold production.

Record iron ore shipments have driven a healthy profit for Roy Hill and Gina Rinehart, who has once again taken aim at regulation she says is burdening the industry’s prosperity.

Jobs within Western Australia’s resources sector swelled during the last financial year to a record 134,871 full time jobs, the seventh consecutive year of growth.

Senior BHP staff will be required to work from the office four days a week under changes to come into force next year.

Mineral Resources started an investigation into founder Chris Ellison’s tax affairs more than two years, but decided the matter did not need to be disclosed.

Critical minerals are seen as vital to the energy transition although mining induced environmental impacts remain a key concern of the public, according to CSIRO.

Subiaco-based junior C29 Metals has signed a memorandum of understanding with Volkov Geology, as it aims to accelerate exploration at its Ulytau uranium project in Kazakhstan.

IGO has not pocketed a dividend from the joint venture covering the Greenbushes hard rock lithium mine due to weak market conditions and prices this quarter.

WA's Aboriginal affairs minister has refused a section 18 application for a proposed iron ore mine at the centre of a spat between its backer and traditional owners.

Mineral Resources’ board intends to detail the actions it may take following the investigation into its billionaire managing director Chris Ellison’s alleged offshore tax affairs next week.

Gina Rinehart’s Atlas Iron has reported a strong lift in both revenue and net profit but continues to be frustrated by slow approvals for its planned mine projects.

Antipa Minerals has finalised the $17 million cash sale of its non-controlling stake in the Citadel joint venture project with Rio Tinto Exploration.

AustralianSuper was among the big sellers of Mineral Resources shares on Monday, cashing out $48 million worth, following allegations of tax evasion.

Horizon Minerals’ push to become a sustainable mid-cap gold producer in the Goldfields is gaining momentum, following news it had filed documents to merge with Poseidon Nickel.