Backers of two Mid West iron processing projects hope to tap into more than 25 billion tonnes of magnetite discovered in the region to feed a growing global appetite for green steel.
A contractor who lost a decade-long dispute over a $26 million contract on an iron ore project in the Mid West has launched legal action against the firm that represented it.
Magnetite miner Karara Mining has been slapped with a $120,000 fine and told to pay $7,459 in costs over a crushing incident that left an employee with a permanent hand injury.
MACA is seeking damages from Karara Mining over claims it is harboring infrastructure set up as part of a $920 million mining services deal for the miner's magnetite project east of Geraldton.
A Georgiou Group joint venture is undertaking a $494 million project for Transport for New South Wales, while Kerman Contracting was awarded $22 million in work from Karara Mining.
Iron ore miner Karara Mining has taken to the state's environmental watchdog pushing to expand its mammoth magnetite project in the Mid West and ensure it operates until 2050.
Fortescue Metals Group has continued to surprise the market with its ambitious plans, striking an agreement with Sinosteel to evaluate a magnetite mine in the Mid West and a port at Oakajee.
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.
The surge in iron ore prices over the past three years has delivered some spectacular returns for investors.Fortescue Metals Group – a pure-play iron ore stock – and Mineral Resource
The owner of a major magnetite operation in the Mid West has dropped MACA as its mining contractor, with NRW Holdings set to take over the work next year.
A local access management firm has entered a partnership with Swedish scaffolding manufacturer HAKI to provide a platform for expansion into the oil and gas industry.
Rio Tinto has purchased a third jet for Western Australia's aeromedical fleet, as part of a six-year partnership extension with the Royal Flying Doctor Service (RFDS).
The Supreme Court has dismissed a $25 million claim brought by local contractor AGC Industries against the developer of the Karara iron ore project in the Mid West.
ANNIVERSARY SPECIAL: WA's mining industry has undergone a dramatic transformation over the past quarter of a century, with iron ore replacing gold as the state's most valuable commodity.
The Chinese government's environmental crackdown could provide a boost for the beleagured Sino Iron project, notwithstanding a recent adverse court ruling.
Proceeds raised during last weekend's Mining Emergency Response Competition Mining Emergency Response Competition in Perth have gone towards an emergency responder wellness app developed by support services provider Holyoake.
A long-running dispute between Karara Mining and DM Civil over a contract originally worth $26 million has highlighted the extraordinary gulf that often arises between project developers and contractors when their relationship sours.
Downer has announced major contract wins at the Boddington gold mine and Karara Mining, with the latter signalling that the loss-making iron ore project is likely to continue operating.
Local innovators and resources industry professionals, including Karara Mining, Barminco and Fortescue Metals Group, were recognised at two separate awards ceremonies held this week.
Fortescue Metals Group plans to move to a full owner-operator model at its Christmas Creek mining operations after Downer EDI's contract expires at the end of September.
French company Sodexo is set to become one of the biggest service providers in the Pilbara after signing a $2.5 billion contract to manage all of Rio Tinto's mine camps and other facilities for 10 years.
Gindalbie Metals is handing over leadership of Karara Mining, with the venture's major shareholder, Chinese steelmaker AnSteel, appointing a new chief executive.
An independent expert's report has found private equity group Auctus Chillagoe's takeover bid for Mungana Goldmines to be both unfair and unreasonable, saying the 13.5 cents a share price was opportunistic and undervalued the business.
Mid West iron ore miner Karara Mining has completed a $US1.48 billion refinancing of its bank debts, providing a share price boost for its part owner Gindalbie Metals.
Mungana Goldmines has told its shareholders to reject a 13.5 cents a share takeover offer from Auctus Chillagoe, an entity led by former Karara Mining boss Steve Murdoch, saying it undervalues the company and its assets.
Shares in resources developer Mungana Goldmines have shot up 33 per cent today after an off-market takeover proposal backed by private equity group Denham Capital.
A Western Australian iron ore industry group has reluctantly mothballed its activities, citing the difficult economic circumstances facing the industry.
In its latest push for greater conservation in mining regions, the Environmental Protection Agency has classified a proposed Mineral Resources iron ore project in the Yilgarn as 'environmentally unacceptable'.
Western Australian resources companies are increasingly looking to private equity players for funding as an alternative to traditional capital raisings, with more than $300 million in deals just this month.
Gindalbie Metals chairman Keith Jones has told shareholders at today's annual general meeting that the last twelve months had been “confronting” for the company, and “as close to a perfect storm as one can get”.
The Environmental Protection Authority has rejected Sinosteel Midwest Corporation's proposal to develop a new mine pit at its Blue Hills Mungada East hematite project due to irreversible environmental consequences.
Global private equity group Denham Capital has teamed up with former Karara Mining chief executive Steve Murdoch to establish a venture that will invest in a handful of new and established mining projects.
Debate over which area in the Mid West should become a Class A nature reserve has heated up as the Environmental Protection Authority increases its calls to preserve an area that Karara Mining wants to mine.
Iron ore explorer Gindalbie Metals has detailed a $586 million loss for the financial year, which was previously flagged on the back of a write-down of its 48 per cent stake in the Karara project.
