Firefinch is set to pocket $100 million from institutional investors to advance the Morila gold and recently revised Goulamina lithium project in Mali.
Andrew Forrest’s Wyloo Metals has bolstered its offer for Noront Resources by some 57 per cent just hours after walking away from unsuccessful détente talks with takeover rival BHP.
BHP and Forrest-backed Wyloo Metals have failed to reach an agreement on mutual takeover target Noront Resources despite weeks of deliberation between the parties.
A dozen WA-linked businesses paid more than a fifth of Australia’s corporate tax take between them in the 2020 financial year, with Rio Tinto the nation’s top contributor.
Avid businesses may have been insolvent as early as November 2019, administrators believe, with underquoted tenders and a Decmil dispute contributing to the demise.
Nickel-gold explorer Panther Metals says it is ready for an imminent start drilling after landing on the ASX following a $5 million oversubscribed IPO.
AVZ plans to spend $75 million raised from institutional investors to start early site works at its Manono project but conceded a mining licence was taking longer than previously anticipated.
Fortescue Metals Group chief executive Elizabeth Gaines will step away from her role as the iron ore miner makes the transition to a green energy and resources group.
Iron ore miners Rio Tinto and Fortescue Metals Group have announced new measures to reduce their environmental impact, including ‘greener’ locomotives.
Western Australian companies OreCorp, Black Rock Mining and Peak Rare Earths will finalise agreements with the Tanzanian government this month to develop their projects.
Focus has told shareholders to take no action in response to an unsolicited takeover from Theta Gold, which is looking to win over investors mulling funding options for the long-dormant Coolgardie mine.
A potential takeover between IGO and Western Areas could still be on the table after the companies offered the market their first update in weeks that due discussions were continuing.
Larvotto Resources has become the latest WA-based explorer to list on the stock exchange, with proceeds from its IPO to fund exploration in Australia and New Zealand.
A revised study for Firefinch’s West African lithium development has more than doubled the project’s value and boosted forecasted mine production from 2.3 million tonnes to 4 million tonnes per annum.
Rick Crabb was recognised for his contribution to business and John Atkins won an award for leadership in the not-for-profit sector at an AICD award ceremony on Friday night.
The Fair Work Commission has ruled against a COVID vaccination mandate applying to coal mine workers in NSW but the ruling is unlikely to have a big impact in Western Australia.
Goldminer Ramelius Resources is set to complete a compulsory acquisition of Apollo Consolidated, having acquired more than 90 per cent of the target’s shares on issue.
Iron ore miner Karara Mining has had a big win in its multi-million dollar dispute with DM Civil after a Supreme Court judge delivered a withering critique of the contractor’s legal strategy.
Budding lithium player Liontown Resources has unveiled a big share placement to fund its planned mine, with the deal also marking the first WA transaction for investment bank Barrenjoey.
Former Vimy Resources boss Mike Young has been appointed to lead Superior Lake Resources through the ASX-listed company’s planned clean energy transition.
Shares in MetalsTech spinout Winsome Resources have risen 30 per cent on its first day of trading, as the hard rock lithium aspirant readies for exploration.
Austin Engineering has delivered its 1,000th truck body to Rio Tinto's iron ore division, while Forrestfield-based Schlam won a $110 million contract from BHP.
