News Articles

Mining 25 Sep 2018

$100m for Oakajee, Sundance projects

A private Chinese company is planning to invest $100 million in two major iron ore projects that have been dormant for the best part of a decade - the Oakajee port in WA's Mid West and Sundance Resources' Mbalam Nabeba mine in Cameroon.

Mining 22 Aug 2016

Baxter to chair MZI as Randall retires

Former Calibre Group boss Rodney Baxter has been named chairman of mineral sands miner MZI Resources, following Malcolm Randall's retirement from the role today.

Appointments 01 Feb 2016

Board Moves - Jan 26-29 2016

Yan Lui has resigned from his positions of chief executive officer and Trinidad general manager at Range Resources. Mr Liu will remain on the board of director as a non-executive director.

Bulls N' Bears 01 Feb 2016

Higgo brings in new team after clean sweep at Triton

Newly minted Triton Minerals M.D Garth Higgo has wasted no time in placing his stamp on the company with the appointment of a new Chief Operating Officer, a new Chief Financial Officer and a new Non Executive Director. Mr Higgo was himself only appointed as Chief Executive Officer in December and was previously the Global Director of Mining for Aurecon Group and Calibre Global.

Energy 07 Dec 2015

Mixed fortunes for local business leaders in pay stakes

SPECIAL REPORT: The 2015 CEO salary survey has some surprising names near the top of the list while some of the state's best chief executives are unexpectedly low down.

Energy 05 May 2015

Beckett to chair Western Power

Perth Airport chairman and Curtin University chancellor Colin Beckett has taken the role as head of the Western Power board, with Iluka Resources chair Greg Martin appointed as his deputy.

Opinion 16 Apr 2014

Clear path for CITIC at Oakajee

Finally, after decades of dithering and empty promises there is hope the ambitious Oakajee port and rail plan in the Mid West will move beyond the drawing board, not that there will be a ground-breaking ceremony for a few more years.

Deals 17 Mar 2014

Murchison proposes Mercantile merger

Two years after selling its stake in the failed Oakajee port and rail project, Murchison Metals is set to be absorbed by major shareholder Mercantile Investment Company.

Appointments 27 Sep 2013

Saracen expands board with new directors

Saracen Mineral Holdings has bolstered its board with the appointment of Samantha Tough and Geoffrey Clifford as non-executive directors, four months after launching a major cost-cutting drive on t

Special Reports 05 Dec 2012

Bigger is better for new chiefs eyeing more money

LOOKING at the remuneration packages negotiated by newly appointed chief executives in Perth, there is a common pattern -5 size equals money.

Special Reports 05 Dec 2012

Ongoing economic uncertainty mirrored in local executives’ remuneration

Tougher economic times and increased scrutiny have put a cap on the growth of executive remuneration.

Cultural Industries 20 Jun 2012

OPR Good Heart set to pick up a beat

OAKAJEE Port and Rail and other sponsors are keen to grow opportunities for indigenous artists in the Mid West by building on the success of the Good Heart Mid West Aboriginal Art Exhibition.

Special Reports 25 Jan 2012

Pressure on Oakajee

THE emergence of the Mid West as a major iron ore mining region remains heavily linked to the controversial Oakajee port and rail development.

25 Jan 2012

2012 ... the year of the turnaround?

The past 12 months have been tough for almost anyone involved in the stock market; but for a particular crop of Perth-based miners, 2011 was truly a year to forget.

30 Nov 2011

Major projects mark milestones

FOUR major resource and infrastructure projects have reached notable milestones this week, signalling the positive outlook for the Western Australian economy.

Infrastructure 27 Oct 2011

Kopetjka quits Murchison

Murchison Metals founder Paul Kopejtka has left the company's board, less than four months after stepping down from the role of executive chairman.

30 Jun 2011

Tale of two ports highlights the politics of infrastructure

Ports such as Fremantle and Oakajee are vital, yet problematic, for the state's development.

15 Dec 2010

Murchison, Chameleon legal biff goes on

Iron ore miner Murchison Metals and explorer Chameleon Mining have once again both claimed a win in their long-running legal dispute.

19 Nov 2010

Murchison secures $US100m bridging loan

Murchison Metals has signed a $US100 million Bridge Finance Facility to fund its share of the Bankable Feasibility Study for the Jack Hills and Oakajee Port and Rail projects.

04 Nov 2010

Oakajee delays confirmed

Mid West iron ore miner Murchison Metals has confirmed feasibility studies for the $4.3 billion Oakajee port and rail development will be delayed by up to six months to enable key agreements to be completed with the government and customers.

20 Oct 2010

Chameleon and Murchison claim legal win

Chameleon Mining shares have fallen 28 per cent in trading today after the junior miner and Mid West iron ore developer Murchison Metals each claimed partial victory in a Federal Court ruling.

17 Sep 2010

Murchison posts $21.5m loss for FY10

West Perth-based Murchison Metals has recorded a $21.5 million comprehensive loss for the 2010 financial year, compared to $18.3 million for the previous corresponding period.

Property 05 Aug 2010

West Perth building value as the state’s premier resources company destination

The success of West Perth as a natural resources hub is all about its ability to adapt.

11 Jun 2010

Asian demand for Murchison iron ore

Crosslands Resources has secured non-binding Letters of Intent (LOIs) from North Asian steel mills to purchase more than 50 million tonnes per annum of iron ore from the Jack Hills expansion project.

Mining 03 Sep 2009

Murchison flags bigger iron ore project

Shares in Murchison Metals have surged as the company flags the potential to increase the scope of its Mid West iron ore operation after setting an additional exploration target of up to 1 billion tonnes.

Financial Services 24 Jul 2009

Murchison surges on Oakajee-China talks

Shares in Murchison Metals have surged as much as 24 per cent today after the miner clarified the extent of talks with China over the Oakajee port and rail project.

Infrastructure 23 Jul 2009

Murchison in halt over Oakajee contracts

Shares in Murchison Metals have been placed in a trading halt pending confirmation of construction contracts for the Oakajee port and associated rail, which are to be awarded to two Chinese firms.

Financial Services 26 Jun 2009

Murchison mulls Pilbara port option

Murchison Metals says it will investigate a port option at Anketell Point, proposed by Aquila Resources and Fortescue Metals Group, as it kick starts a scoping study on its Rocklea iron ore project in the Pilbara.

Mining 03 Mar 2009

Sinosteel lifts Murchison interest

Chinese company Sinosteel has formally become a substantial holder in Mid West iron ore miner Murchison Metals.

Mining 23 Sep 2008

Murchison, Chameleon head for trial

A trial date for proceedings between Murchison Metals Ltd and Chameleon Mining NL will be made in early November after a hearing last week ordered Chameleon to front up with the second tranche of security for costs.

Financial Services 18 Sep 2008

Murchison posts FY net profit of $56m

Murchison Metals Ltd has posted a full year net profit of $56 million for the 2008 financial year, a turnaround from the previous year's loss of $45 million.

Mining 12 Sep 2008

Murchison, Chameleon hearing delayed

The directions hearing between Murchison Metals Ltd and Chameleon Mining NL has been adjourned until next week after the judge presiding over the matter did not attend.

Financial Services 11 Sep 2008

Sinosteel close to full Midwest control

Sinosteel is a step closer to full control of Midwest Corporation Ltd after Midwest shareholder Murchison Metals Ltd reversed its previous opposition to the Chinese company's takeover offer.

Energy 02 Jul 2008

Emotion and drama earn their pay rise

If it were just about money, the investment bankers and their other advisory colleagues would find life a lot easier.

Financial Services 05 Jun 2008

Midwest share grab breach: Sinosteel

The takeover saga surrounding Midwest Corporation Ltd has taken another turn today as Chinese bidder Sinosteel seeks orders from the Takeovers Panel to prevent Murchison Metals Ltd and US company Harbinger capital from acquiring any more shares.

Mining 26 May 2008

Murchison rejects Chameleon claim

Murchison Metals Limited insisted today it would not bow to any of the claims of junior explorer Chameleon Mining Ltd, which has instituted legal proceedings to try and win a share of Murchison's iron ore tenements.

Financial Services 26 May 2008

Murchison, Midwest agree to merge

Iron ore developers Murchison Metals Ltd and Midwest Corporation Ltd are likely to merge after Midwest's directors unanimously endorsed a proposed scheme of arrangement that values their stock at $7.17 per share.

Financial Services 06 Feb 2008

Stand-off in Mid West

After months of takeover speculation and feuding between Mid West iron ore miners Murchison Metals and Midwest Corporation, the two companies are once again independently pursuing their expansion plans.

Financial Services 29 Nov 2007

Chameleon launches legal action against Murchison

Junior exploration company Chameleon Mining NL has commenced legal action against iron ore miner Murchison Metals Ltd, even though Murchison has previously dismissed Chameleon's claims as baseless.

Financial Services 23 Nov 2007

Murchison confirms Jack Hills production estimate

West Perth-based Murchison Metals Ltd has confirmed its 375 million tonne estimate over the 15-year mine life of its Jack Hills iron ore project, saying in an announcement today that Midwest Corporation Ltd's statements about the project were incorrect.

News Articles for Murchison Metals

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