Our board moves wrap includes Sarah Smith, Terry Donnelly, Mark Hancock, Tony Sage, N Baijendra Kumar, Fiona van Maanen, Michael Jefferies, Trevor Benson, Francis Lim, Hao Wen, and Wing Kee Cheng.
Our daily board moves wrap includes Sandra Bates, John Richards, Victor Turco, Yuri Nehushtan, Elizabeth Brennan, Hans Schut, Christian Brehm, Wing Kee Cheng, Hao Wen, and Bill Lee.
Perth-based GR Engineering Services has recorded a slight decline in net profit for the 2018 financial year due to two settlement claims, despite an uptick in the group's revenue.
GR Engineering Services says it will continue to pursue legal action against Eastern Goldfields over its work at the Davyhurst operation, while also revealing it would defend Wolf Minerals' $12.2 million claim notice over a project in England.
GR Engineering Services has requested its shares be suspended from trading on the ASX while it assesses the impact of Eastern Goldfield's now-retracted wind-up order, as well as a £7.5 million ($A12.2 million) bond claim notice lodged by Wolf Minerals.
Perth-based Wolf Minerals has received a $16.8 million extension to its existing debt facility with Resource Capital Funds, as problems at its Drakelands tungsten mine in England continue.
Norway-based investment bank Pareto Securities has completed its first major Australian deal, as sole manager of a $US100 million ($A133 million) bond issue announced today by Pilbara Minerals.
Metals producer Wolf Minerals has secured a debt restructure with its creditors and a $32 million loan with a major shareholder, after running into problems at its Drakelands mine in southern England.
Local explorer Bass Metals has restructured its management team after acquiring a graphite mine in Madagascar and kicking off a $5.5 million capital raising.
SPECIAL REPORT: With a mere handful of projects under construction, it's what is in store for the future that has everyone guessing. Click through to also see our list of WA mining projects.
Perth-based Wolf Minerals has passed another milestone at its Hemerdon tungsten and tin project in Devon, in southern England, with the plant producing its first tungsten concentrate.
The owners of two major iron ore developments in the Pilbara have flagged changes to their timetable and ownership structure respectively, as they seek to deal with the sharp fall in iron ore prices.
Peninsula Energy has secured $69.4 million in fully underwritten institutional funding for its Lance projects in Wyoming, enabling the company to transition to a uranium producer in 2015.
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.
Belmont-based contractor GR Engineering Services lifted its full-year profit by 89.3 per cent to $14.2 million, despite a drop in revenue of 0.4 per cent to $114.2 million.
Western Australian based stocks rose 18.9 per cent in the twelve months to Hune 30, but most of the gains were in the first six months of that period, according to the Deloitte WA Index released today.
Wolf Minerals has arranged final funding for construction of its Hemerdon tungsten and tin project in England after agreeing to a discounted share placement.
SPECIAL REPORT: As the junior resources sector slows, so do the earnings of companies most exposed to the sector – exploration drilling and mining services firms.
SPECIAL REPORT: Tight debt and equity environments have led many junior mining and exploration firms to seek alternative arrangements to finance their operations.
Aspiring iron ore miners Flinders Mines and Rutila Resources have joined forces, with backing from private New Zealand company Todd Corporation, to assess the development of an integrated rail and port project in the Pilbara.
Belmont-based contractor GR Engineering Services has lifted its half-year net profit despite what it described as persistently subdued trading conditions in the mining services sector.
Wolf Minerals has announced a substantial increase in capital and operating costs for its Hemerdon tungsten and tin project in England, which is now budgeted to cost $230 million to develop.
Perth-based Wolf Minerals announced a milestone in the environmental permitting process for its Hemerdon tungsten and tin project in Devon, south-west England.
Humphrey Hale has stepped down as managing director at Wolf Minerals Limited, while former Grange Resources managing director Russell Clark will take over the position effective today.
Wolf Minerals is planning to mine an obscure commodity in an unusual location, but has still been able to raise $212 million by tapping just about every funding source available.
No one in Western Australia needs to be told we have become one of the world's most expensive locations, but two recent events highlight how the state has become so uncompetitive it is exporting mining jobs to Britain.
Engineering firms exposed to mining are going through a tough patch but prospects are much better for those like Technip and Clough in the oil & gas sector.
Contracting group GR Engineering says the start of a $123 million works package at Wolf Minerals' Hemerdon tungsten and tin project in England is a welcome boost in a murky mining services market.
Shares in GR Engineering have jumped on the ASX this morning, after the company announced a £75 million ($111 million) contract with Wolf Minerals at the Hemerdon tungsten and tin mine in England.
Wolf Minerals' major shareholder Resource Capital Funds has agreed to provide a 12-month funding package worth up to US$82 million (A$79 million) to support continued work on the Hemerdon tungsten
