CZR Resources has inked an option agreement to acquire a granted exploration tenement just 70km south of the Port of Ashburton as it ponders a potential stockyard and haulage depot to service iron ore exports. Apart from its potential as an infrastructure hub, management says its new tenement also hosts the Mt Minnie project, which is prospective for copper-gold mineralisation.
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.
CZR Resources has struck a native title deal with the Robe River Kuruma people which will see the company place a high priority on protecting country as it presses ahead with plans to join the rank
Shares in Strike Resources fell 22 per cent following a decision to put iron ore deliveries on hold due to lower commodity prices, despite celebrating its maiden shipment this week.
Mount Gibson Iron's Shine project in the Mid West could become the fourth iron ore mine to halt operations this month after the company called a trading halt.
GWR Group has become the fourth junior iron ore company to suspend operations or review its strategy in light of the dramatic fall in the commodity's price.
Perth company Global Lithium Resources is expected to close its $10 million initial public offering after just four days, signalling keen investor interest in its Pilbara project.
Strike Resources is looking to get a foothold in the burgeoning battery metals space with plans to spin out its lithium and graphite assets into a new IPO to be known as Lithium Energy. Strike will retain a 43 per cent stake in the new company that is slated to raise around $9 million ahead of its listing on the ASX.
ASX-listed aspiring WA iron ore producer, Strike Resources continues to make steady progress towards a final investment decision on its proposed Paulsens East iron ore mine development, approximately 140 kilometres west of Tom Price and 200 kilometres west of Paraburdoo in the Pilbara region. The Perth-based company says key project development approval applications and submissions were well advanced with Government agencies and local authorities.
GWR Group has joined a growing list of companies aiming to start small iron ore mines in WA, after signing a term sheet with contractor Pilbara Resource Group.
Our weekly appointments wrap includes Lydia Litton, William Bradford, Nicholas van Hattem, Chris Torrey, Gail Beck, Daniel Brown, Merle Carter, Linda Dridi, Jonathan Ford, Corina Martin, Vicki O'Donnell...
Perth-based Strike Resources has sold its Apurimac and Cusco iron ore projects in Peru for about $13.5 million, as the company shifts its focus to other commodities.
SPECIAL REPORT: The number of women serving on company boards is slowly one the rise, but it's still rare to see a female take the chair, judging by Business News's analysis of Western Australian company directors.
An investment company chaired by Perth businessman Farooq Khan has made an off-market $8 million cash bid for full ownership of Strike Resources, and may seek opportunities for the business outside the resources sector.
Saracen Mineral Holdings has bolstered its board with the appointment of Samantha Tough and Geoffrey Clifford as non-executive directors, four months after launching a major cost-cutting drive on t
Negotiations between Strike Resources Ltd and major shareholder Gallagher Holdings, controlled by Russian billionaire Alisher Usmanov, over a $53 million investment have ceased, prompting Strike to abandons plans for an on-market share buy back.
THE roll call of Western Australian businesses directly affected by the global credit crunch grew suddenly during the past week, with several listed companies changing their plans in response to the meltdown on Wall Street.
Strike Resources Ltd said a $53 million investment by Russian billionaire Alisher Usmanov will not proceed, as market turmoil takes its toll on due diligence investigations.
Parochial investors who put their money into Western Australian stocks have just experienced their worst year in nearly a decade, judging by the results of WA Business News' annual total shareholder return survey.
Strike Resources Ltd is banking on the high iron ore and coal prices to feed the development of its flagship Peru project as it signs a $19 million scrip deal to reacquire two projects from Perth-based Orion Equities Ltd.
Perth-based Strike Resources Ltd has commenced legal proceedings against a Peruvian company and its associates to end uncertainty relating to its iron ore assets in the country.
Perth-based investment company Orion Equities Ltd (formerly Central Exchange) and resources explorer Strike Resources Ltd have announced plans to spin-off their uranium assets into a new company, aiming to list on the ASX.
Shares in Perth headquartered explorer Strike Resources Ltd have surged 34.7 per cent today following the company's announcement that it has entered into a binding agreement to acquire up to 51 per cent interest in two related iron ore projects.
Fast Scout Ltd. 23-Jan-06, Confirm the change of name of the Company to Strike Resources Limited effective 16 January 2006. The new ASX Code for Strike Resources Ltd will be SRK.
