SPECIAL REPORT: As the junior resources sector slows, so do the earnings of companies most exposed to the sector – exploration drilling and mining services firms.
Belmont-based contractor GR Engineering Services has lifted its half-year net profit despite what it described as persistently subdued trading conditions in the mining services sector.
MZI Resources has signed an off-take agreement with major shareholder Tricoastal for the purchase of all zircon concentrate produced at its Keysbrook mineral sands project over a five-year period.
MZI Resources has completed a $5 million equity raising, with international private equity group Resource Capital Fund boosting its stake in MZI to just less than 15 per cent.
GR Engineering Services has been appointed the preferred contractor for engineering procurement and construction works worth $54.6 million at MZI Resources' Keysbrook mineral sands project near Serpentine.
MZI Resources says it is in discussions with finance providers following news that one of the two lead arranging banks appointed to provide debt funding for its Keysbrook mineral sands project has withdrawn from the process.
MZI Resources has secured $US41.5 million in funding from international private equity group Resource Capital Funds for the development of its Keysbrook mineral sands project.
MZI Resources has settled a legal fight with Stirling Resources over a suite of mineral sands tenements on the Tiwi Islands and in the Northern Territory.
Perth based mineral sands miner MZI Resources announced today that Argonaut Capital has agreed to underwrite the company's $3 million share purchase plan.
MZI Resources has signed a sales agreement with US chemicals giant DuPont covering all of the leucoxene 70 per cent (L70) titanium dioxide to be produced at the Keysbrook mineral sands mine south o
MZI Resources and Doral Mineral Sands have signed a processing agreement for heavy mineral concentrate produced at MZI's planned Keysbrook project, south of Perth.
MZI Resources has reached agreement with two major banks to secure a $54 million project finance facility for the Keysbrook mineral sands development south of Perth.
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.
MINING veteran Michael Kiernan has emerged from two years away from the limelight with a new manganese business in Indonesia, and plans for a listing on the Australian Securities Exchange next year
