Andrew Forrest is $2.7 billion richer after the iron ore price rose to a seven-year high, while Chris Ellison's stake in Mineral Resources has grown by $53.4 million.
The state's top gold producer has signed one of the biggest office leasing deals for 2020, securing a tenancy at Brookfield Properties and Hawaiian's 235 St Georges Terrace.
Prominent Aboriginal mining executive Daniel Tucker has resigned from the company he founded after it scrapped a deal with Fortescue Metals Group in favour of working with Mineral Resources.
Mineral Resources has surprised the market by purchasing an iron ore project from Australian Aboriginal Mining Corporation, and also bought into a legal fight with Fortescue Metals Group.
The rush to gold by investors in the aftermath of the GFC was hardly unexpected.What may have surprised analysts at the time, however, was China’s embrace of iron ore, which ultimatel
Business leaders have been cooking to raise money to provide 250,000 meals for people in need, with Northern Star Resources' Hilary Macdonald topping the fundraising table.
Fortescue Metals Group has received environmental approval to increase iron ore exports through Port Hedland to 210 million tonnes per annum, with other miners hoping to follow.
Mineral Resources has reported a strong lift in earnings and dividends and outlined plans to double iron ore exports if it gains approval for a new port development.
Mineral Resources' move to Subiaco appears doomed after the mining services company agreed to terms this week with construction giant BGC on a property in Walters Drive, Herdsman.
Plans to relocate Mineral Resources' headquarters into the $110 million SubiXO development are in doubt over concerns about structural issues at the Hay St property.
As the big offshore gas projects planned for WA's north face more delays and uncertainty, the prospects for developing onshore gas fields in the Perth Basin get better.
Mineral Resources has achieved record iron ore production for the June quarter, while Western Areas says its nickel output fell just below the company's full-year guidance.
A report backed by the Pilbara's big miners has found that iron ore exports are expected to grow modestly over the coming decade, well below the extra port capacity the miners themselves are seekin
Mineral Resources today said COVID-19 has had minimal impact on its mining operations but has downgraded its forecast iron ore shipments for the full financial year, due to weather conditions having affected its Koolyanobbing operations.
The conditions that have slowed growth in WA's lithium sector won't last forever and there are some great opportunities for companies taking the long-term view.
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
Mineral Resources boss Chris Ellison has struck a deal with his brother Andrew Ellison's company to sell two of its non-core manganese assets while also providing project funding and mining services assistance.
Mineral Resources is focused on ramping-up its iron ore operations after a major restructuring last year of its lithium assets, with the company also declaring an increased dividend today.
A decision by Wesfarmers and partner SQM to pause investments at the Mount Holland mine and Kwinana refinery bring to about $3 billion the value of lithium projects deferred in Western Australia during the past year.
Businesses are facing a challenge locking in gas contracts for major projects in Western Australia, including Coogee's planned $1 billion Burrup Peninsula methanol plant, which the company is now pursuing without partner Wesfarmers.
Southern Cross Electrical Engineering has been awarded $100 million in contracts, including works with Talison Lithium, Energy Resources and MARBL Lithium.
Ten years after paying a record WA price of $57.5 million for their Mosman Park property, mining magnate Chris Ellison and his wife Tia Ellison are planning to demolish the existing dwellings and build two new houses.
At least $1.6 billion of equity has been raised by WA-linked critical minerals hopefuls in the past five years, but achieving consistent returns is another battle.
About $300 million will be invested by Mineral Resources into expansion projects in the 2020 financial year, led by moves to boost Yilgarn iron ore output nearly 50 per cent.
There's no bad news in Western Australia's battery industry, Energy Minister Bill Johnston says, shrugging off the deferral of major projects in recent months.
