New gold mining projects under way or in advanced planning will collectively deliver more than 1 million ounces to production each year when operational.
Panoramic Resources has responded to the slump in nickel prices by halting production in the Deacon orebody at its Lanfranchi project, resulting in half the project staff being laid off over the weekend.
The strong rise in the Australian dollar gold price has encouraged gold companies to press ahead with low-cost mine developments, despite uncertainty over royalties.
Southern Cross Electrical Engineering is the latest WA based company to commence an on-market share buy-back, as the trend towards returning capital to the market continues.
Cassini Resources, the five cent explorer that quickly graduated to a 25 cent stock in April after acquiring BHP Billiton's West Musgrave nickel-copper project has taken a share price hit in its stride as it seeks to educate the market on its as yet unrealised potential.
About eight years ago I was fortunate enough to catch a ride on a small aircraft from Kununurra, flying over Lake Argyle, the Argyle diamond mine and the Bungle Bungle range.
Western Australian based stocks rose 18.9 per cent in the twelve months to Hune 30, but most of the gains were in the first six months of that period, according to the Deloitte WA Index released today.
Just as Western Australia's nickel miners pop champagne corks to celebrate the remarkable 40 per cent rise in the nickel price over the past five months, signs have started to emerge that the party might soon be over
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.
Panoramic Resources' share price rocketed higher today after the company reported drill results that it described as a “potential game changer” for its Savannah nickel project.
SPECIAL REPORT: The past 12 months have been tough for WA's corporate finance professionals, but there is cautious optimism that 2014 will be a different story.
Perth-based miner Pacifico Minerals has entered an agreement with Miguel Angel Perez Villa to acquire up to a 90 per cent interest over three years of its share of the Berrio gold deposit in Antioquia, Colombia.
Panoramic Resources has made plans to raise $25.12 million through a placement and Share Purchase Plan to fast-track its nickel exploration at its Savannah and Lanfranchi projects.
Nickel miner Panoramic Resources has exceeded its production guidance for the 2013 financial year, on the back of an 18 per cent rise in output in the June quarter.
Gold and iron ore are the newsmakers in Western Australia's mining industry but nickel could be the troublemaker, with most nickel mines now operating at a loss, potentially triggering another roun
It might be too early to crack the champagne but junior miners are certainly celebrating the weakening of the Australian dollar, which had lost its traditional connection with commodity prices and
Panoramic Resources has lodged an $18.2 million loss for the 12 months to June 30, as the falling nickel price and tough market conditions combined with a fall in the value of the company's investm
IT might not be the busiest of times in Western Australia's corporate advisory scene, but that has not stopped positive moves by several firms – albeit without much fanfare – that have included the
Panoramic Resources might be in the unloved nickel sector but its healthy cash position has allowed it to make some aggressive diversification moves via acquisitions.
WITH some experienced campaigners suggesting the current mergers and acquisitions market is the worst they have ever seen, there is plenty of finger pointing to overly exuberant deals of the past f
Gold hopeful Matsa Resources has inked a deal with Panoramic Resources that it says puts it on track to transition from explorer to producer in the near-term.
Panoramic Resources has moved a step closer to completing its $40 million takeover of Magma Metals, with the target recommending its shareholders accept the bid.
Panoramic Resources has waived the last remaining condition on its $40 million takeover bid for Magma Metals, after increasing its stake in the target to just over 44 per cent.
Panoramic Resources has acquired the Panton platinum project in the east Kimberley from Platinum Australia, for $5.25 million plus a 0.5 per cent royalty.
Panoramic Resources has moved closer to completing its hostile $40 million takeover of Magma Metals, with the suitor's third-largest shareholder moving to accept the bid.
