Mining

Swick Mining Services says it remains on track to demerge its drilling and mineral technologies businesses after raising its order book to $363 million.

Subiaco-based Mali Lithium is set to become a gold producer after announcing it will buy out Barrick Gold and AngloGold Ashanti’s stake in a West African mine.

As the chief investment officer at Andrew Forrest’s private company, 34-year-old John Hartman oversees a very large, extraordinarily diverse and fast-growing portfolio.

Rio Tinto's chief executive wants to hold talks with traditional owners in the Pilbara after the mining giant's destruction of ancient cultural sites in Western Australia.

Business investment was up 10.8 per cent in WA in the June quarter compared to the same time last year, as investment dropped nationally.

Rio Tinto has been accused by a former adviser of failing to genuinely engage with Indigenous people in the lead-up to destroying ancient Western Australian sites.

Sandfire Resources has posted a 30 per cent decline in profit, but says it is in a good position to take advantage of the recent copper price recovery.

Mining contractor MACA is on track to secure $410 million in revenue after receiving a letter of intent from Capricorn Metals for work in the Pilbara.

IGO has reported a record profit for FY20 and is signaling first gold production at the Boston Shaker underground mine for the September quarter.

Contractor Macmahon Holdings has upgraded its earnings guidance for the current financial year after reporting a rise in revenue to $1.38 billion.

Regis Resources has reported a record net profit for fiscal 2020 on the back of robust gold production at its Western Australian operations.

South Perth-based Medusa Mining has reported its third fatal accident at its Co-O goldmine in the Philippines this year.

Western Areas’ net profit has more than doubled to $31.9 million for the full financial year, with the nickel miner also reporting strong sales revenue.

BCI Minerals’ Mardie Salt and Potash project has been awarded major project status, one month after a definitive feasibility study valued the prospective mine at $1.2 billion.

Mining contractor Perenti has reported record revenue of $2 billion and solid profit for the full year, with the news sending its shares up by as much as 15 per cent.

Subiaco-based explorer Titan Minerals has agreed to sell its non-core assets in Peru for $US6.4 million ($A8.9 million) to focus on developing its gold and copper projects in Ecuador.

Rare earths producer Northern Minerals will receive a $9.9 million refund from the ATO after settling a long-running tax dispute related to earlier research and development claims.

Mining and industrial services provider MACA has disclosed a $17.4 million loss for the 2020 financial year after recognising one-off impairments and foreign exchange costs.

Mining services company Emeco Holdings has sought $149 million from investors to pay down its debt, as well as extend its revolving credit facility.

Fortescue Metals Group has substantially increased its final dividend after posting a record annual profit, with company founder and chairman Andrew Forrest getting nearly $2 billion in dividends.

Rio Tinto will cut the bonuses of three senior executives but none will lose their job after a board review of the company's destruction of two heritage sites.

Lynas Corporation has moved closer to building its onshore rare earth processing facility, announcing it will lease 135 hectares of industrial-zoned land from the City of Kalgoorlie-Boulder.

Tesla’s remarkable 290 per cent share price rise over the past four months has been dismissed as speculative overkill, but even if that’s true it is hard to ignore the pace at which its electric-powered cars are selling - and the amount of battery metals they’re consuming.

The world’s largest track mounted rock crushing and screening machine has arrived in Western Australia at a contracting business in Maddington.

Shandong Gold has received federal government approval to proceed with its takeover of Perth-based Cardinal Resources, despite increasing sensitivity around Chinese foreign investment.

Many tradies spent their money on jet skis during the boom. Others like Richard York put their money aside to build up their business.

Fenix Resources is on track with development of its low-cost, high-grade iron ore project in Western Australia, after receiving commitments to raise $15 million.

Mineral Resources has reported a strong lift in earnings and dividends and outlined plans to double iron ore exports if it gains approval for a new port development.

Kalgoorlie Super Pit owners Saracen and Northern Star have reported a surge in profits for the full financial year, on the back of record production and a strong gold price.

Engineering group Monadelphous has reported a rise in revenue for fiscal 2020, despite saying its second-half performance was significantly affected by COVID-19.

The state government has allocated $3.8 million for studies into reopening the rail line to the Greenbushes lithium mine and building unloading facilities at Kwinana and Bunbury.

The owners of the Kalgoorlie Super Pit have confirmed the mine will continue producing gold for another 15 years, following a strategic review and resource expansion.