News Articles for Warren Pearce

Listed resources companies have spent $669 million on exploration in the past three months, with Western Australian projects accounting for more than two thirds.

The state government has committed an extra $2.5 million a year to a scheme aimed at encouraging further investment in WA's mining sector.

WA's mining sector has welcomed the federal government's decision to reinvest in a national exploration scheme over the next four years.

Resources companies need workers, while the state has the most job vacancies since 2012.

The Labor Party has vowed to spend more than $37 million overhauling the state's mining data and information system and halving project approval times.

The McGowan government has committed more than $1.6 million to fast-track approvals for major resource projects following feedback from industry stakeholders.

Native title processes were the longest delay for WA mining exploration licence approvals in the September quarter, representing more than half of an average 233 day wait.

Expansion plans are in the works for some of WA's biggest exporters, but commodity prices and projects face uncertainty.

Both Ben Wyatt and Josh Frydenberg have avoided big reforms to boost productivity this week, with CCI today arguing the state government missed an opportunity.

Click through for a summary of initiatives in the $74 billion JobMaker package, including a $4 billion wage subsidy and $3.5 billion of research incentives.

Federal MPs are being urged to develop national principles to protect Aboriginal cultural heritage following the destruction of the Juukan Gorge rock shelters.

Capital markets have supported resources juniors through COVID-19 much more strongly than anticipated, industry watchers have said.

Mineral exploration in Western Australia has reached a five-year high since the approvals process for applications was halved two months ago, with the surge dominated by gold projects.

The resources sector has welcomed the federal government's decision to invest a further $125 million into an exploration program led by Geoscience Australia, which has now been expanded to cover exploration across the country.

The Australian minerals sector has experienced a 20 per cent drop in exploration spending over the March quarter, with industry groups calling for more government support.

Nearly 50 drilling projects will be funded through the state government's Exploration Incentive Scheme, with winners including big businesses such as AngloGold Ashanti Australia and Rio Tinto.

Renowned geologist and company director Terry Grammer has passed away after a short-term illness, with former colleagues and industry figures highlighting his role in some of Western Australia's biggest mineral discoveries.

Tougher restrictions for securing foreign investment is the latest hurdle for miners seeking to develop projects.

An Association of Mining & Exploration Companies survey has found that 74 per cent of Australian mineral exploration companies have ceased, or dramatically decreased, their exploration operatio

SPECIAL REPORT: Capital for the junior mining sector is drying up amid growing concern the traditional business model for small explorers is broken.

Nationals MPs Keith Pitt and Darren Chester have been elevated to federal cabinet in a ministerial reshuffle.

The mining sector has welcomed an agreement signed by Geoscience Australia and the United States Geological Survey to collaborate on developing critical minerals assets, which include commodities such as lithium and rare earths.

The state government has factored in lithium hydroxide and carbonate into its royalty arrangement for lithium producers, which it claims will encourage downstream processing and manufacturing.

Total mineral exploration expenditure in Australia increased by 5.2 per cent to $629.6 million for the June quarter, with Western Australia underpinning the growth, according to the latest figures from the Australian Bureau of Statistics.

Western Australia will be carbon neutral by 2050 under an aspirational policy announced by the state government today, although it is not yet clear what mechanism will be used to achieve the goal.

Western Australia's resources industry experienced record sales in 2018, up 16 per cent from the year prior, thanks largely to a rise in liquefied natural gas (LNG) exports.

Western Australia is the second most attractive jurisdiction for mining investment, moving up from fifth place in the year prior, according to the Fraser Institute Annual Survey of Mining Companies for 2018.

The federal government's latest research funding round will focus on minerals including lithium, cobalt and titanium in an effort to boost Australia's resources sector.

The state government has used the launch of its battery industry strategy today to announce that one of the first initiatives will be to develop an investment attraction strategy for the sector.

Stavely Minerals, Prodigy Gold, Chalice Gold Mines and St George Mining are among the Western Australian miners that will share in $31 million allocated through the federal government's Junior Minerals Exploration Incentive announced today.

Moves to encourage downstream lithium processing in Western Australia continued today, with the state government announcing a taskforce to develop a strategy for the sector.

State government revenue will be boosted by several policy measures announced today, including increased cost recovery from the mining, maritime and justice sectors, removal of the resource sector's exemption from a training levy, and an increased levy on foreign property buyers.

Concerns over the issue of native title were most keenly felt in the nation's west and north in the late 1990s.

A 40 per cent rise in project applications with the Department of Mines, Industry Regulation and Safety last year has provided another signal of a turnaround in the mining sector.

Treasurer Ben Wyatt has announced details of a new gold royalty increase that is budgeted to raise $332 million over four years while seeking to address the industry concerns that killed off his previous proposal, but the new plan has failed to win support.