Kerry Stokes-backed BCI Minerals has announced an underwritten entitlement offer to fund early construction works on its $780 million Mardie salt and potash project.
The state government has awarded lead agency status to the Eramurra Solar Salt project, one of three planned salt projects in northern WA collectively worth $1.4 billion.
BCI Minerals' Mardie Salt and Potash project has been awarded major project status, one month after a definitive feasibility study valued the prospective mine at $1.2 billion.
BCI Minerals has completed a definitive feasibility study of its Mardie Salt and Potash project, establishing a positive case for the prospective Pilbara coast mine.
The Kerry Stokes-backed BCI Minerals has agreed to co-fund further development of the Iron Valley mine in the Pilbara, as part of a package of deals that will see Mineral Resources buy its Buckland
Kalium Lakes has secured around $102 million of debt funding for the development of its Beyondie sulphate of potash (SOP) project, less than a month after receiving commitments for $74 million from the Northern Australia Infrastructure Facility for the project.
BCI Minerals has confirmed it is in discussions with multiple parties over the sale of its Pilbara iron ore assets, including three current producers and one aspiring port developer.
BCI Minerals has released a pre-feasibility study for its Mardie salt and potash project in the Pilbara, with a total capital expenditure of $335 million needed to reach full production.
Core Drilling Services has secured a contract with BCI Minerals for a major drilling program planned at its Buckland iron ore project located in the Pilbara.
Perth-based BCI Minerals has signed a non-binding memorandum of understanding with Chinese steel producer Sinosteel to assess potential development of BCI's Buckland project in the Pilbara.
BC Iron has entered into an agreement to buy iron ore tenements in the west Pilbara owned by Clive Palmer's Mineralogy, for $9 million in cash plus royalty payments.
BC Iron is branching out of its iron ore focus by spending up to $10.5 million as part of a joint venture with freshly listed sulphate of potash explorer Kalium Lakes.
Environmental approvals to allow mining below the watertable have been granted for BC Iron's Iron Valley mine site, in a move that will give the company potential to extend the life of the project.
Iron ore miner BC Iron has confirmed a $25.5 million capital raising backed by major shareholder Kerry Stokes to fund work at its Buckland project and pay off debt.
Troubled iron ore miner BC Iron has sold its majority stake in the Nullagine joint venture to Fortescue Metals Group for just $1, along with some royalty payments.
BC Iron chief executive Alwyn Vorster has joined the board of the iron ore company, and will continue to serve in his current role as well as managing director.
BC Iron has announced settlement of its dispute with former contractor Watpac, with the settlement including a final payment by BC Iron and its joint venture partner Fortescue Metals Group.
The resignation of Talisman Mining's managing director and the appointment of a new chief executive at Tiger Resources are among the recent board changes at four local junior miners.
Alwyn Vorster has joined the board of graphite hopeful Mozambi Resources but will continue in his role as chief executive of API Management, which owns the West Pilbara iron ore project.
Smaller iron ore miners were the big winners today after the iron ore price surged overnight, whereas Fortescue Metals Group failed to sustain Monday's big gains despite announcing a joint venture and investment deal with Brazil's Vale.
BC Iron is cutting more workers and contractors at its Nullagine project after its joint venture partner Fortescue Metals Group decided to not buy low-grade iron ore stockpiled at the mine.
Iron ore miner Fortescue Metals Group will continue slashing costs after first-half profit dropped 4 per cent to $US319 million ($A442 million), as fellow miner BC Iron reported a half-year loss of $62.9 million amid falling prices.
The legal battle between BC Iron and Watpac Civil & Mining has intensified with the mining services company serving a counterclaim to the iron ore miner and its joint venture partner, now seeking about $52.8 million.
Watpac has revealed the financial impact of a dispute with BC Iron and declining work at Pluton Resources' Cockatoo Island project, including $41.7 million worth of write-downs.
