Mining software provider K2fly's shares hiked 85 per cent today after revelations emerged that the company is set to be taken over by globally-renowned, technology-focused investment firm Accel-KKR. Under the binding scheme implementation deed signed by the two companies, K2fly shareholders will be entitled to receive 19c per share – representing a massive 90 per cent premium on the company's previous closing price of 10c.
Tradition and history are strong motivators driving the state's WAFL clubs, which are exploring new revenue streams and shoring up supporter engagement.
A class action investigation has been launched into Rio Tinto, exploring whether the company should be liable for sexual harrasment and discrimination alleged to have taken place at its minesites.
Iron ore rivals Rio Tinto and BHP will partner up on the development of battery-electric haul trucks in the Pilbara, while Fortescue is pushing along with its hydrogen haulage ambitions.
New financial reports show a handful of Aboriginal groups gaining more income from mining royalties but others going backwards, while the sector as a whole remains the poor cousin.
The boss of a rapidly expanding Western Australian regional airline wants to unlock Broome's potential as a home for the Pilbara's fly-in, fly-out miners.
White Cliff Minerals is ready to scratch into the surface at Canada's Great Bear Lake after securing Federal Government approval for all of the licences at its Radium Point uranium-copper-gold-silver project. The company's total project tenure at the Northwest Territories site encloses 2900 square kilometres of the Great Bear magmatic zone that is known for its iron oxide-copper-gold and uranium potential.
Shares in Caravel Minerals rose by 12 per cent on Thursday morning, following news the Subiaco-based explorer had submitted its environmental review document for the Caravel copper project to the Environmental Protection Authority.
Mining software provider K2fly has recorded a remarkable 15 straight quarters of annual recurring revenue (ARR) growth, which it says has been driven by contract renewals from two major clients. According to its March quarterly report, the company delivered an ARR of $8.3 million in the first three months of the calendar year, representing a 19 per cent increase compared to the previous corresponding period.
Our weekly appointments wrap includes Sidone Thomas, Alan Sefton, Andrew Stavrianou, Jennifer Smith, Simon Trott, Brandon Craig, Warren Day and Greg Yanco.
Strickland Metals has entered the lucrative Serbian gold game after acquiring the Rogozna project that already boasts a whopping resource of 5.44 million JORC-compliant ounces of gold equivalent. The company says advanced exploration targets at Rogozna offer near-term growth, with diamond drilling outside of the existing resource going as high as a staggering 352m at 2.1 grams per tonne gold equivalent from 240m.
Mining major Rio Tinto has recorded a slight drop in Pilbara iron ore shipments and production citing weather disruptions but has stuck by guidance forecasts.
Developers of Guinea's giant Simandou iron ore mine have agreed to a $US15 billion finance deal to kickstart development of what could one day become the world's largest mine.
Premier Roger Cook hopes a $7.2 million spend to attract a UK startup accelerator to Perth will help the state diversify its economy by fostering expertise in biodiversity technology.
Mining giant Rio Tinto will spend $9.5 million over six years on a new Pilbara traditional owner program to create jobs through preservation and protection of culture.
An Indigenous-backed clean energy project targeting offtake deals with the Pilbara's major resources firms has gained a crucial land-use deal to progress the $1 billion first stage.
Rio Tinto has announced it will manage rehabilitation of the Ranger uranium mine in the Northern Territory on behalf of subsidiary Energy Resources Australia, which counts Perth-based company Packer & Co as a 9.32 per cent minority shareholder.
The next three weeks will be crucial to iron ore's fortunes as cash-strapped Chinese steel mills grapple with tight profit margins and a contracting domestic property sector.
An Aboriginal charity that was paid $47 million in mining royalties last year could find itself out of pocket after BHP concluded it had paid too much over an extended period.
BMG Resources has applied for two additional exploration licences adjoining its granted Dragon project in Western Australia's West Arunta region – an emerging world-class niobium-rare earths district. It says data reviews have identified several areas where strong magnetic features are located next to major faults, which can be interpreted as being highly-prospective for potential carbonatites and represents priority niobium-rare earths exploration targets.
Javelin Minerals has revealed two significant board moves, adding well-known corporate finance executive Brett Mitchell and experienced geologist Pedro Kastellorizos as it prepares for more drilling in New South Wales. The company says Mitchell, who has more than 25 years of experience in the equity and venture capital markets, will take the reins as executive chairman. Kastellorizos will be a non-executive director.
Three years after the state government said the project was “fully funded” and likely to break ground soon, work is yet to begin on a new hospital in Tom Price
The Workforce Gender Equality Agency has published gender pay gap data on more than 400 WA private sector companies, shedding a light on remuneration disparities.
Rio Tinto's iron ore business delivered a stronger profit last year but was an exception, with lower commodity prices and higher operating costs battering every other business unit.
Rio Tinto has accused the country's biggest privately-owned workforce business of breaching a contract relating to a fatal truck crash at its Channar iron ore mine.
