Former Gindalbie Metals boss Tim Netscher has joined the board of uranium miner Toro Energy as a non-executive director, replacing chair Fiona Harris, who is retiring for personal reasons.
Mines and Petroleum Minister Bill Marmion has again touted Western Australia's credentials as a destination for uranium mining, this time at today's opening of the Australian Uranium Conference in Perth.
Energy and resources companies can expect the pain to subside in the coming financial year, according to IBISWorld's latest analysis of the industry, with oil and gas players in the best shape.
Western Australia is another step towards developing a uranium export industry, with Canadian giant Cameco receiving federal environmental approval at its Kintyre deposit in the East Pilbara.
Amid the gloom, WA has some positive resources stories to tell,with uranium developers buoyed by improving news, investment certainty guaranteed around royalties rates - for now - and nickel reappearing as a sturdy performer.
Mines and Petroleum Minister Bill Marmion says Queensland's looming ban on mining uranium is an opportunity for Western Australia to capitalise on mining the nuclear fuel ore.
Perth-based uranium developer Toro Energy has announced the appointment of Fiona Harris as the company's new chair, while also announcing a reduction in the number of directors as a result of the current market conditions.
Western Australia's first ever uranium mine could be a step closer towards completion, with uranium developer Toro Energy completing a $3.9 million raising to fund its Wiluna project.
Western Australian resources companies are increasingly looking to private equity players for funding as an alternative to traditional capital raisings, with more than $300 million in deals just this month.
Paladin Energy has launched a $205 million recapitalisation plan, designed to fund it until midway through 2016, which has won the backing of China-focused private equity firm HOPU Clean Energy.
Perth-based uranium explorer and developer Toro Energy has secured a $10 million cash injection from global investor The Sentient Group, with a further $10 million to directly fund Toro's Wiluna project still to come.
FEATURE: Mining sector players are creating innovative solutions – particularly in the iron ore, uranium, and base metals areas, and the graduate labour market – to deal with the changing economic environment.
Northern Minerals has secured $6 million in bank finance to fund the completion of a feasibility study for its Browns Range heavy rare earths project on the Western Australia-Northern Territory bor
The latest round of Western Australia's Exploration Incentive Scheme will pump almost $5 million into the search for minerals and petroleum at a crucial time for the state's resources industry.
Northern Star Resources has been recognised for excellence in the resources sector, winning the fourth annual Craig Oliver award at the RIU Explorers Conference.
Toro Energy has revised the start-up capital cost for its Wiluna uranium project to $315.6 million, a figure which represents an increase of almost $47 million from its original estimate.
Rio Tinto employees have dominated a list of 16 executives and key operational players based in Western Australia that feature in the 100 Global Inspirational Women in Mining.
Toro Energy has received approval from the Foreign Investment Review Board for its $37 million acquisition of the Lake Maitland uranium project in central Western Australia.
Western Australia's uranium explorers are in somewhat of a holding pattern as they wait for a significant lift in prices for the controversial commodity.
Toro Energy has been granted long-awaited federal government approval for its flagship Wiluna uranium mine, the first of its kind in Western Australia.
Uranium miner Toro Energy has lined up $12 million in debt finance to fund the completion of a definitive feasibility study at its Wiluna uranium project.
TORO Energy and Cameco have passed major milestones in the past week in their planned development of new uranium mines in Western Australia, as Prime Minister Julia Gillard talked up the prospect o
Nuclear energy has been under a cloud since the Fukushima reactor disaster in Japan last year, uranium prices have remained well off their highs and public confidence in nuclear power is weak but u
Western Australia's pipeline of significant non-iron ore projects is showing signs of a quick slowdown as construction of major projects is due to be completed by the end of next year.
DEMAND for microfinance and business support from Many Rivers Opportunities has grown to the point where it is gearing up to open five new offices across the state in the next year.
