The Department of Mines and Petroleum is seeking to recover about $11 million in unpaid royalties amid producer disquiet about possible royalty rate increases.
Mining services company Ausdrill may be $8 million out-of-pocket after Western Desert Resources announced it had fallen into the hands of administrators on Friday.
Western Desert Resources has announced it has completed a $12 million share placement to fund further exploration and development of its Roper Bar iron ore project in the Northern Territory.
Perth-based iron ore explorer Western Desert Resources will raise up to $17 million through a share placement and rights issue for the development of its Roper Bar iron ore project in the Northern Territory.
West Perth based Washington Resources has signed a joint venture agreement with exploration company Western Desert, allowing Western Desert to explore one of its Northern Territory tenements.
