Western Australia's resources industry has smashed another annual record, with weaker iron ore prices made up for by the state's flourishing lithium sector and soaring oil and gas prices.
Jordan Murray speaks with senior journalist Matt Mckenzie about how troubles facing Modco Residential highlight broader issues facing the building industry.
Rio Tinto has reported record first-quarter iron ore shipments as it continues to benefit from strong commodity prices, while China's iron ore imports are at record levels.
WA's new Aboriginal heritage laws have been broadly welcomed but raised concerns about the capacity of Indigenous corporations to deliver on their new responsibilities.
Ravensthorpe miner First Quantum Minerals has inked a deal under which it will invest up to $651 million for a majority stake in a copper project in Peru with Rio Tinto.
The Supreme Court of Western Australia has ruled on what should be redacted from documents related to the legal proceedings between Mineral Resources and Destec.
Former politician and prominent board director Ben Wyatt has been announced as the new chair of Perth Festival, which has also appointed three new members to its board.
Rio Tinto is yet to meet its internal cultural heritage management standards following the destruction of ancient rock shelters at Juukan Gorge in 2020, a report finds.
AROSE, a consortium led by Fugro and Nova Systems, has been named one of two companies that will design an Australia-made lunar rover for NASA's next trip to the Moon.
Our board moves wrap includes Peter Iancov, Amitava Mukherjee, Sumit Deb, Michael Atkins, Mark Wilson, Oliver Kiddie, Dean Dalla Valle, and Susan Lloyd-Hurwitz.
Rio Tinto has agreed to pay a $US15 million ($A21.5 million) penalty to settle a long-running dispute over alleged bribery relating to the Simandou iron ore project in Africa.
CZR Resources has its sights set on more resource growth at its Robe Mesa iron ore development in the Pilbara after acquiring an adjoining tenement to Rio Tinto's Mesa F project from Fortescue. After acquiring the ground CZR has expanded its strike length of the company's P529 deposit to 1.1km. The deposit is only five kilometres from CZR's 45.2 million tonne Robe Mesa iron ore project.
Sky-high fuel and inflationary costs took a $US2.63 billion chunk out of Rio Tinto's underlying earnings for 2022 against a backdrop of weaker commodity prices.
Mining software provider K2fly has reported revenue of $5.4m for the second half of 2022 – a 19 per cent rise on the company's revenue for the same period in 2021. The company has products at work in 62 countries and regards its revenue growth as testament to the success of its strategy of focusing on Tier 1 and 2 global mining companies.
Monadelphous has expanded its recruitment efforts overseas as the company continues to grapple with its “biggest challenge” of industry-wide staff shortages.
Perth-based NRW Holdings has reported strong growth in revenue and underlying earnings but suffered a fall in net profit after accounting for impairments linked to gold miner Gascoyne Resources.
Civmec has boosted its first-half net profits by 25 per cent and has recorded a positive cash position for the first time since 2016, according to its latest financial results.
Rio Tinto has quietly started paying royalties on three big iron ore mines that pre-date native title in what amounts to a major concession to traditional owners in the Pilbara.
Mark Pownall and Mark Beyer discuss radioactive capsules, Libby Mettam, Shane Love, property values, Westfield Booragoon expansion and Print Hall's new owner.
The radioactive capsule that went missing somewhere between Newman and Perth earlier last month has been found, emergency services minister Stephen Dawson says.
Rio Tinto has announced an investigation into how a tiny, toxically radioactive capsule went missing on the journey from a WA desert mine site to Perth.
One of WA's largest Aboriginal corporations says Rio Tinto is not serious in its efforts to modernise a contentious land use agreement, with tens of millions of dollars at stake.
A string of major contract wins with mining heavyweights Rio Tinto, Mineral Resources, Anglo America and ArcelorMittal Mining UK has seen mining software provider K2fly achieve record highs for the December quarter in its core financial metrics. Sales of $2.8 million for the quarter were up 33 per cent from the same period last year and the company also hit historic highs in the all important “annual recurring revenue” metric.
Multi-commodity explorer CZR Resources has closed the book on a memorable 2022 after tabling several highlights in its December activities report including a monster 83 per cent increase in the tonnage of its Robe Mesa iron-ore deposit in the Pilbara region of WA. The asset now tips the scale at 45.2 million tonnes and retains its 56 per cent iron grade despite the massive inventory boost.
Rio Tinto's iron ore production costs were higher than expected while production volumes remained within guidelines, according to the mining giant's fourth quarter results.
Everest Metals Corporation has paved the way for a new year battery metals hunt in WA's Mid West region after announcing its intent to exercise an exclusive farm-in deal to earn a 51 per cent stake in the Mt Edon lithium, caesium and tantalum project. The deal follows a recent due diligence program that yielded encouraging RC drill results of up to 1220 parts per million lithium.
The federal government has committed to assist the flood-affected communities in the Kimberley region, having pledged recovery measures including money, counselling and aircrafts.
Adriatic Metals has drawn down the first $30m tranche from a $142.5m debt package to keep the wheels spinning on its Vares silver mine development in central Bosnia and Herzegovina. The project has passed the halfway mark of construction, is fully-funded and is on track to begin processing by September 2023. The company is also committing to legacy projects in a once-thriving nearby community.
