Perth-based lithium producer Altura Mining has been placed in receivership after the ASX-listed company was unable to refinance its debt, placing 100 jobs at risk.
Goldminer Troy Resources has secured exploration funding for its South American project, with the Perth-based company targeting a maiden ore reserve this year.
Russia’s Nordgold is not backing down in a takeover battle for Cardinal Resources, despite the Perth-based gold play in favour of a matching offer from Shandong Gold.
Perth-based Encounter Resources, Predictive Discovery and Trek Metals have each launched capital raisings, with the proceeds to go towards gold projects in Australia and Guinea.
Russian mining giant Nordgold alleges its takeover target Cardinal Resources has acted deceptively towards shareholders, with the matter escalated to the Takeovers Panel.
Mineral Resources has surprised the market by purchasing an iron ore project from Australian Aboriginal Mining Corporation, and also bought into a legal fight with Fortescue Metals Group.
Gascoyne Resources has relisted on the ASX, following a $125 million recapitalisation that helped the embattled goldminer repay its creditors and continue mining operations.
BHP has posted a 7.2 per cent rise in first-quarter iron ore production, supported by stable demand from China, the world's top consumer of the steelmaking ingredient.
Elmore has won a federal court battle launched by its former chief operating officer, who was dismissed for misleading the board about the viability of iron ore projects in India.
Red 5 will begin open pit production at its Great Western satellite deposit early next year, as the company ramps down operations at its King of the Hills goldmine.
De Grey Mining managing director Glenn Jardine says the explorer’s heady market valuation is a fair reflection of the potential scale of its Hemi discovery.
Bellevue Gold boss Steve Parsons has played down speculation his company’s namesake gold project is in the crosshairs of some of WA’s most prominent gold miners.