Aguia Resources is on the cusp of securing a processing facility close to its Tres Estrades phosphate project in Brazil that should see it avoid paying through the nose for a brand new one and lead to an earlier production ramp up by mid-2025. The identification of existing processing plants within an economic trucking distance of Aguia's orebodies presents a unique opportunity to cut costs and accelerate production timelines.
Multinational salt producer K+S Group has struck a native title agreement with Thalanyji traditional owners for its proposed $430 million salt project in the Exmouth Gulf.
German company K+S Group is planning to evaluate development of a $350 million salt project south-west of Onslow, six years after another salt project in the area was scrapped after facing widespread opposition.
Gold Miner Troy Resources has appointed former Singapore-based Sakari Resources head Martin Purvis as its new chief executive officer, after managing director Paul Benson left the company in July.
Shares in cashed-up Moly Mines have slumped after the company's two most senior executives left the business and it admitted it was likely to suspend trading on the ASX after failing to acquire a new business.
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.
Straits Resources says it will close its Perth office and relocate to Brisbane by the end of the month as it undertakes a significant downsizing and corporate restructuring.
Diversified miner Straits Resources has put its Mt Muro operation in Indonesia on care and maintenance and is seeking to sell the mine as soon as possible.
Straits Resources managing director Andre Labuschagne has assumed the role of interim executive chairman, following the resignation of non-executive chairman Adrian Redlich.
Straits Resources is on the lookout for a new chairman, following the resignation of incumbent Adrian Redlich less than six months after taking the job.
The state Liberal party has been the main beneficiary of donations from Western Australian business over the past year, new campaign finance data reveals.
Straits Resources has announced a plan to separate its gold and copper assets into two ASX-listed entities, while also downgrading its production forecasts.
One week after being ordered to halt its gold mining activities in Indonesia, Straits Resources has restarted part of its Mt Muro mine as talks continue over a disputed boundary lines.
Shares in Straits Resources have dropped after it suspended mining activities at its Indonesian operation in response to an order from the local government.
Straits Resources has bolstered its management team, appointing former Norton Gold Fields executives Andre Labuschagne and Robert Brainsbury as chief executive and chief financial officer.
Emu Nickel has abandoned plans to purchase the Hillgrove antimony-gold project from Straits Resources for $40 million, after it failed to raise sufficient funds to cover the purchase.
THREE trends stand out when the salary packages of newly appointed chief executives at Western Australian companies are examined.First,the bigger the company the higher the salary.
Miner Straits Resources has recorded a first-half profit of $10.1 million, boosted by the final payment for the sale of its majority interest in a company to a Thai entity.
Straits Resources had mixed news for the market today, suspending operations at its antimony and gold mine in NSW but qualifying for a second payment from the sale of one of its Asian assets.
Straits Resources has called a halt to trading of its shares, pending an announcement to its recent $US335 million ($A474 million) deal with Thailand's PTT International Company.
STRAITS Resources says it is well placed for acquisition opportunities after selling a stake in its coal assets to Thailand's PTT International Company for $US335 million ($A486 million).
Perth-based Straits Resources has reiterated it may not be able to sell its 47 per cent holding in subsidiary Straits Asia Resources as talks continue.
Straits Resources is reviewing the viability of two if its copper mines, including the Whim Creek copper mine in WA, after a dramatic drop in the world copper price.
SHARES in West Perth-based resources company Straits Resources Ltd jumped more than 6 per cent last week after it unveiled a plan to restructure the business and de-merge from its coal-focused Asian s
West Perth-based miner Straits Resources Ltd has reported a $39.6 million net profit, down 21 per cent from the record levels achieved in 2005, with earnings impacted by higher operating costs at the company's copper and gold operations.
Leederville-based mining company Fox Resources Ltd will sell copper ore from West Perth-based Straits Resources Ltd in a deal potentially worth $4 million.
After acquiring a 96.3 per cent interest in the company, West Perth-based copper producer Straits Resources Ltd will offer one Straits share for every 7.5 shares held in its NSW copper interests spinoff, Tritton Resources Ltd.
Successful diversified Perth-based miner Straits Resources Ltd is planning to spin-off 40 per cent of its major asset into a new, initially energy-based clone in Singapore later this year.
Announced its intention to make an Offer by means of an off-market takeover bid for all the fully paid ordinary shares of its subsidiary, Tritton Resources Limited
In a move to consolidate its copper interests, Perth headquartered Straits Resources Ltd has announced its intention to make an off-market takeover bid for all the shares of its subsidiary, Tritton Resources Ltd.
A TAKEOVER offer from Straits Resources for local target Tritton Resources looks likely to succeed, following recent progress in the bid for the company.Coal and copper producer Straits is expected to
