GreenTech Metals has intersected thick copper-zinc zones below six shoots during a new 1743m drilling program, indicating significant resource expansion potential at its Whundo project in WA's Pilbara region. The campaign was designed to drill-test underexplored mineralisation along a 2.1km-long string of targets at Whundo and was followed up by DHEM surveys on selected holes in a bid to identify new copper-zinc mineralised zones.
GreenTech Metals' recent downhole electromagnetic survey at its Whundo project in WA's Pilbara region has identified a big conductor plate measuring 400m long and between 50m and 100m wide at its Shelby target. It comes after Fox Resources' geophysical work in 2006 picked up a deep conductor associated with a weak magnetic response at Shelby, about 500m north of the old Whundo open pit.
Renowned Western Australian mining veteran Terry Streeter, who started investing in resources stocks more than 40 years ago using funds from his grocery business, has passed away aged 80.
Terry Streeter-chaired Moho Resources is set to list on the ASX tomorrow, while the experienced mining executive has also been appointed to the board of Chile-focused explorer Emu.
Fox Resources has announced plans to sell its Bundaberg coking coal project in Queensland, while shifting focus on developing its Western Australian projects.
Coal and metals explorer Fox Resources has appointed Paul Dunbar as CEO and managing director, replacing interim CEO Bruce Garlick who resigned in August.
Saracen Mineral Holdings has bolstered its board with the appointment of Samantha Tough and Geoffrey Clifford as non-executive directors, four months after launching a major cost-cutting drive on t
Bruce Garlick, who held the positions of chief financial officer, company secretary and interim chief executive officer of exploration company Fox Resources, has resigned.
While most media attention seems focused on iron ore and the major operators, there's a number of smaller players offering plenty of potential across a range of minerals. Here's the WA Business News 10 mining stocks to watch.
Base metals miner Fox Resources has been forced to suspend a $30 million funding agreement with a Chinese co-operative for its Radio Hill nickel-copper project because of continued weakness in comm
Perth-based base metals miner Fox Resources has signed a non-binding funding agreement with a Chinese co-operative, making a significant step towards restarting mining at the Radio Hill nickel-copp
Fox Resources says it is in talks with shareholder Jinchuan Group to extend a current offtake deal and a possible $20 million funding agreement for its Radio Hill nickel-copper project in the Pilbara.
Fox Resources has potentially doubled the mine-life for its Radio Hill copper and nickel operation in the Pilbara following an evaluation of the Sholl B2 deposit.
Pilbara-focused minerals outfit Fox Resources has announced a rights issue to potentially raise over $7 million to further advance its heap leaching operation.
Fox Resources has paid $100,000 for the 2 per cent net smelter royalty that was payable to De Beers Australia Exploration on Pilbara tenements under the access agreement.
Fox Resources plans to raise more than $13 million through a rights issue to complement its previous $3.4 million private placement, with funds to be applied to ongoing exploration programs and processing tests.
Takeover target Hannans Reward says it will refocus its funds and efforts towards exploration after suitor Fox Resources decided to withdraw its offer.
Fox Resources has confirmed it has undertaken a $3.4 million private placement with funds to drive exploration across the company's nickel and copper projects.
Fox Resources says it has received pre-bid acceptance commitments of nearly 19 per cent, several days after proposing a takeover bid for junior Hannans Reward.
The Terry Streeter-backed Fox Resources has launched a $6 million all-scrip takeover of junior explorer Hannans Reward to increase its spread of iron ore and nickel assets in Western Australia.
In a bid to bolster exploration after winding down its Western Australian mining operations in July, Fox Resources Ltd has hired Newexco Services Pty Ltd to undertake base metals exploration.
Fox Resources Ltd has today appointed Bruno Seneque as managing director following the resignation of Don Harper, who has left the company to pursue other opportunities in the resources sector.
Pilbara nickel explorer and producer, Fox Resources Ltd today announced that China's largest nickel producer, Jinchuan Group Limited, has successfully concluded a strategic agreement to take an equity stake in the company.
Pilbara nickel explorer and producer, Fox Resources Ltd, has entered into a new strategic offtake agreement with Jinchuan Group Ltd for the sale of a second stream of nickel in concentrate from the company's Radio Hill operations in Western Australia.
Leederville-based mining company Fox Resources Ltd has placed 98 per cent of its $18 million options offer, raising $17.7 million after issuing 21.9 million options to investors.
Fox Resources Ltd non-executive director Terry Streeter decreased his indirect interest in the company through the disposal a total of 4 million shares worth over $4 million on July 2 and 3 in an on market trade.
Leederville-based mining company Fox Resources Ltd will explore and develop discoveries of all minerals except diamonds on the West Pilbara tenements of De Beers Australia, after signing an agreement with the giant.
West Perth-based mineral explorer Legend Mining Ltd subsidiary Armada Mining Ltd has signed a joint venture agreement with Leederville-based mining company Fox Resources Ltd to work on base metal projects in the Pilbara.
Leederville-based mining company Fox Resources Ltd has recommenced nickel production at its Radio Hill operations, enabling it to meet its offtake agreement with Chinese nickel producer Jinchuan Group Ltd.
Leederville-based mining company Fox Resources Ltd recorded its first ever profit, or $1.7 million - up from the $4.3 million loss recorded in the previous corresponding period.
Leederville-based Fox Resources Ltd has raised $10 million through a placement to fund the company's return to nickel production, having also signed an offtake agreement with China's Jinping HengHao Non-Ferrous Metals Ltd.
