Automotive Holdings Group has slipped out of the benchmark S&P/ASX 200 index, while six Western Australian companies have moved into the S&P/ASX 300 index.
BGC Australia has appointed three high profile independent non-executive directors to help advise the family-owned business empire as it enters a global sale process.
Former Mt Gibson Iron boss Jim Beyer will take the reins as managing director of Regis Resources next month, while director James Mactier will take over as chair, after executive chairman Mark Clark announced his resignation.
Mount Gibson Iron will have a leadership change at the end of the month, which chief financial officer Peter Kerr to succeed Jim Beyer as chief executive as the latter pursues other opportunities.
The loss of iron ore haulage contracts with Cliffs Natural Resources and Mount Gibson Iron is expected to dent rail operator Aurizon's earnings by about $50 million in the 2019 financial year.
Iron ore revenue for rail operator Aurizon dropped 9 per cent in the first half of the financial year, although the business overall delivered a big increase in profit.
The Chinese government's environmental crackdown could provide a boost for the beleagured Sino Iron project, notwithstanding a recent adverse court ruling.
Iron ore miner Mount Gibson Iron will pay its first dividend to shareholders since 2014, after reporting a $26.3 million net profit for the 2017 financial year.
Mount Gibson Iron has torn up a second offtake agreement with a Chinese customer that had planned to buy product from its Iron Hill mine in the Mid West.
SPECIAL REPORT: The value of investment into WA gold projects is about four times as much as this time last year, while growth in spending on lithium has been even more substantial.
Mount Gibson Iron will spend nearly $100 million on the redevelopment of its Koolan Island iron ore mine, with the company's board giving the green light to bring the operation out of care and maintenance.
Perth-based miner Mount Gibson Iron has started development of its Iron Hill mine in the Mid West after receiving final approvals, and hopes to begin producing by as early as May.
More than $8 billion of greenfields iron ore projects are either proposed or in development, while $450 million of brownfields work is under way as the state's miners plan investments to maintain production.
An $86 million insurance settlement accounted for almost the entirety of Perth-based iron ore miner Mount Gibson Iron's profit result for the 2016 financial year, however it was a substantial improvement on last year's $911.4 million loss.
Iron ore shipments contributed more than $45 billion to the Western Australian economy in the 12 months to June, a figure well down on last year, according to BNiQ, despite a pick-up in volumes by the state's major producers.
A rebound in iron ore prices has helped Mount Gibson Iron hit its full-year sales guidance, with the junior iron ore miner reporting ore sales volume of 5 million tonnes.
Mt Gibson Iron has received preliminary Environmental Protection Authority approval for development of its Iron Hill deposits northeast of Dalwallinu, although there is still some process to go before work can begin.
SPECIAL REPORT: The dramatic rise and fall of iron ore producers and the recent surge in gold and lithium stocks have been highlighted by a historic review of WA's major listed companies.
Shares in Mount Gibson Iron have soared on news the iron ore miner received an $86 million property damage insurance payment for the collapse of a seawall at its Koolan Island mine in 2014.
Smaller iron ore miners were the big winners today after the iron ore price surged overnight, whereas Fortescue Metals Group failed to sustain Monday's big gains despite announcing a joint venture and investment deal with Brazil's Vale.
Iron ore miner Mount Gibson Iron has booked another half-year loss, but it's a substantial improvement on its performance in the previous year, despite recording a $23.6 million impairment.
Mount Gibson Iron has moved to establish a logistics base on Koolan Island, in partnership with Qube Holdings, to service the offshore oil and gas industry.
AN iron ore price bounce of almost 30 per cent from 10-year lows earlier this month will no doubt bring some relief to many in the industry and in the Department of Treasury.
You don't need to listen too closely to hear the pips squeaking in Western Australia's iron ore lemon after a week-long debate about the state's most important industry, which appears to be heading for a crisis that will hit companies and governments in equal measure.
Listed companies from Western Australia are on the outer in the most recent quarterly reshuffle of the S&P Dow Jones ASX Indices, with high-profile absentees including Iluka Resources, Mineral Resources and Monadelphous Group.
Mount Gibson Iron will look to its Extension Hill project for an answer to its $870 million first-half loss, which was the result of price falls and interruptions to work at its Koolan Island iron ore mine in the Pilbara.
Chinese-backed iron ore miner Top Iron has signed contracts with Brookfield Rail and Aurizon as it prepares to ship its first exports from Geraldton by March.
West Perth-based iron ore miner Mount Gibson Iron has flagged an $850 million to $950 million impairment after the company put its Koolan Island mine on care and maintenance in December.
