Two former BHP Billiton and Rio Tinto engineers from the Wheatbelt officially launched a wave energy prototype in the Swan River today as part of a long-term plan to produce electricity at costs so low it will rival wind energy.
There is no prize for guessing that iron ore companies have plunged to the bottom of the resources component of this year's TSR survey; but what is interesting is the rise of uranium hopefuls, despite few signs of an imminent increase in the uranium price.
WA has become a leader in wave energy, but commercial realities loom as a major constraint to rolling out the technology to the national electricity market.
Stonehenge Metals has entered into an agreement with Yanchep Beach joint venture for collaboration on the development of a wave farm off the state's coast to potentially supply energy to the Two Rocks community.
Stonehenge Metals has entered into an agreement to acquire a Protean Energy subsidiary for a cash and share package worth about $1.34 million, to gain access to Protean's wave energy converter technology.
Stonehenge Metals has signed a deal with Korea Resources Investments and Development to provide the framework for a joint venture between the two companies.
North Perth-based Stonehenge Metals Ltd has terminated an agreement to acquire a majority stake in an Indonesian nickel project due to unresolved issues surrounding exploration permits.
Perth-based tin and nickel miner Stonehenge Metals Ltd will raise $1.7 million through a placement to boost working capital and provide further funding for exploration, the company has announced.
Perth-based tin and nickel miner Stonehenge Metals Ltd will acquire an 85 per cent stake in an Indonesian nickel project for a cash and scrip issue, the company has announced.