Mineral sands miner Iluka Resources says it will resume mining at Eneabba in the Mid West by the end of the year to capitalise on strong demand for titanium dioxide and zircon products.
HE'S unlikely to admit it, but there must have been times David Robb would have wondered whether he had made a mistake jumping from Wesfarmers to mineral sands miner Iluka Resources in 2006.
Australia's resources-led economic recovery has had a major impact on the pay of WA-based executives, with a big rise in the number of million dollar pay packets as share prices bounced back from GFC lows.
Iluka Resources has cut a further 54 jobs at its Western Australian operations as the company moves to focus on its Victorian and South Australian projects.
Mineral sands miner Iluka has received a boost in its share value today after it reached a settlement with engineering outfit Downer EDI and secured an $8.6 million insurance payout from last year'
Mineral sands producer Iluka has posted a net losst after tax loss of $55.8 million in the half year to June 30 after cutting production earlier this year and selling its interest in Consolidated Rutile (CRL).
Iluka Resources has received final regulatory approval for its $420 million Jacinth-Ambrosia mineral sands project in South Australia, which allows mining to begin.
A further $10 million will be added to the budgeted capital cost of Iluka Resources' $209 million Murray Basin Stage 2 project after unexpected plant delays push back the start up date.
An understanding of core strengths and a simple business model are some of the tips the state's fastest growing companies say have helped them through a turbulent 2008, a new report has found.
Iluka Resources expects to pocket $77 million from the sale of its controlling stake in Queensland company Consolidated Rutile after Unimin Australia launched a $150 million takeover bid.
Iluka Resources says 23 employees and contractors will be affected by the shutdown of one of its Mid West Kilns, which was brought about by the global economic crisis.
Perth-based Iluka Resources Ltd will capitalise on the high Chinese demand for zircon with a commitment today to spend a further $210 million to boost production at its Victorian projects.
The state government has approved a plan to extend the life of Iluka Resources Ltd's mineral sands processing facility near Geraldton by more than 10 years.
Iluka Resources Ltd has completed the retail component of its 4 for 7 pro-rata accelerated renounceable entitlement offer to shareholders, with the retail offer raising approximately A$95 million.
Iluka Resources Ltd has announced major changes to its board of directors, with Jenny Seabrook joining as a non-executive director and Bob Every set to replace Ian Mackenzie as chairman.
Clough Limited has been awarded a $30 million contract for Iluka Resources Limited's Murray Basin Stage 2 Development, which is due for completion in early 2009.
Iluka Resources Ltd confirmed today that it completed the institutional component of its 4 for 7 pro-rata accelerated renounceable entitlement offer as shareholders took up their full entitlement in the $353 million rights issue.
Mineral sands producer Iluka Resources Ltd has talked up the expansion prospects of its eastern states projects, after posting a full year net profit of $51.1 million in line with forecasts.
Mineral sands miner Iluka Resources Ltd has announced the go-ahead for a $30 million project in the United States as it continues engineering studies on its major growth projects in Victoria and South Australia.
Mineral sands miner Iluka Resources Ltd has revealed a fresh heavy mineral discovery in the New South Wales portion of its Murray Basin tenenment holdings.
ILUKA Resources Ltd has revealed plans for the phased closure of its South West mining operations after handing down an interim net profit fall of 15.2 per cent due to a stronger Australian dollar and
Iluka Resources Ltd has revealed plans for the phased closure of its South West mining operations after handing down an interim net profit fall of 15.2 per cent due to a stronger Australian dollar and shipment delays.
Mineral sands company Iluka Resources Ltd has reached an in-principle agreement for native title consent for the development of the Jacinth-Ambrosia and Tripitaka mineral sands deposits in the Eucla Basin of South Australia, the company has announced.
Iluka Resources Ltd's full-year profit could slide by almost $40 million based on figures provided by the mineral sands miner at its annual general meeting today.
Two of Western Australia's biggest companies, Woodside Petroleum Ltd and Iluka Resources Ltd, have adopted major changes to their executive remuneration schemes to provide more effective incentives.
Iluka Resources Ltd's, wholly owned subsidiary Iluka (Eucla Basin) Pty Ltd and Mithril Resources have formed a joint venture to explore heavy mineral sands at Mithril's exploration license in the Eucla Basin, South Australia.
Financial services leader ING's Western Australian division has won the tender to administer minerals producer, Iluka Resources' $80 million superannuation scheme.
Construction group Roche has hit back at Iluka Resources over claims made yesterday by the mineral sands miner concerning a contract dispute between the two.
