Cassini Resources and OZ Minerals have appointed GR Engineering Services to complete an engineering study for their joint venture West Musgrave copper-nickel project in Western Australia.
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.
Copper miner OZ Minerals has launched a $444 million takeover bid for Avanco Resources, sending shares in the Subiaco-based ASX-listed exploration company soaring.
A joint venture between engineering groups Downer and Ausenco has secured an engineering, procurement and construction contract for OZ Minerals' Carrapateena copper gold project in South Australia.
OZ Minerals has progressed its joint venture with local explorer Cassini Resources at the West Musgrave nickel-copper project after positive results in a further scoping study.
Kasbah Resources has appointed Evan Spencer as chief operating officer following the resignation of Michael Kitney. Mr Spencer was chief executive of Asian Mineral Resources.
Perth-based IT firm Velrada has announced a $10 million contract to support the expanding Pilbara operations of global facilities management company Sodexo.
Gold and copper producer Oz Minerals says it is on track to achieve its full-year production guidance, despite an unscheduled plant closure and bad weather during the June quarter.
OZ Minerals has reached a $24 million settlement with Zinifex shareholders who received a stake in the company following its merger with Oxiana eight years ago.
Mining contractor Byrnecut has won a contract to expand OZ Minerals' Prominent Hill copper-gold project in South Australia, with the work expected to cost about $12 million.
Perth-based gold miner Renaissance Minerals has announced a revised royalty deal with OZ Minerals that will remove the requirement for Renaissance to pay $22.5 million in milestone payments associated with its Cambodian gold project.
Perth-based mineral sands producer Iluka Resources has created a new senior executive role to focus on two growth opportunities involving new technology in the UK and Brazil.
Mining and engineering contractors were the biggest losers today when the S&P Dow Jones rebalanced all of its Australian indices, with RCR Tomlinson one of the few to buck the trend.
Karl Simich and his team at Sandfire Resources could be calling for the Dom Perignon in a few days if the local copper mining favourite achieves the once unthinkable and overtakes the stock market value of its potential predator, OZ Minerals.
Shares in Subiaco-based explorer IMX Resources are lower on the news that partner OZ Minerals has decided to withdraw from their Mt Woods copper-gold joint venture.
MINING company OZ Minerals has become the latest business to overturn a stamp duty assessment by the state tax office based on the contentious ‘land rich' tax provisions.
THE small number of women on the boards of Australia's leading companies is clearly at the forefront of the minds of leading Western Australian directors.
Victorian based Oz Minerals has spent $100 million to acquire a 19 per cent stake in Sandfire Resources, whose share price rocketed on the discovery of a gold-copper deposit near Meekathara last year.
Shares in Subiaco-based IMX Resources climbed higher today after it signed a binding deal with OZ Minerals to jointly explore and develop copper-gold projects in South Australia.
Shares in diversified miner OZ Minerals have fallen almost five per cent this morning after posting a heavy first half loss, following the sale of many of its assets and a lower copper price, but says it is in a strong financial position.
The acquisition of various assets and businesses of OZ Minerals by China Minmetals Non-ferrous Metals Company has taken a step forward, with China's development and reform commission today giving the transaction the green light.
OZ Minerals Ltd, which has struck a deal with China Minmetals Non-Ferrous Metals Co Ltd that will give it funds to pay down debt, has reported mixed production results from its Golden Grove mine in WA.
China Minmetals' proposed takeover of OZ Minerals cannot go ahead if it incudes the target's mining operations in Prominent Hill because it would breach national security, Treasurer Wayne Swan says.
OZ Minerals says it will defer $20 million of work at its Golden Grove operation in Western Australia, as part of a wide ranging review of its assets in light of the financial crisis.
THE roll call of Western Australian businesses directly affected by the global credit crunch grew suddenly during the past week, with several listed companies changing their plans in response to the meltdown on Wall Street.
