Rare earth producer Lynas Corporation intends to sublease an industrial zoned property from the City of Kalgoorlie-Boulder, three months after signing an agreement with the mining town to review potential sites for its cracking and leaching plant.
Salt Lake Potash has secured further funding for the development of its Lake Way project in Western Australia after receiving commitments to raise $23.5 million from a share placement, along with a $22 million debt extension from Taurus Funds Management.
Global mining-tech company Imdex has exercised its option to acquire New Zealand-based Flexidrill, after gaining the option early last year, for a further payment of $NZ3 million cash.
Primero Group has secured three new construction contracts, including a $115 million arrangement with Rio Tinto, while also announcing a capital raising of $7.6 million.
Panoramic Resources has formally rejected the takeover bid from Independence Group and confirmed it is seeking to raise $31 million to fund its operations, including the underperforming Savannah nickel mine.
Australia needs to consider its trading relationship with China in light of alleged human rights violations against tens of thousands of the Uyghur ethnic minority, community representative Rushan Abbas said at a media briefing organised by the US consulate.
Rio Tinto has approved a $US1.5 billion investment to continue production at its Kennecott copper mine in the US, while also announcing it will limit operations at one of its minerals projects in South Africa, following an attack on two of its employees.
At least $1.6 billion of equity has been raised by WA-linked critical minerals hopefuls in the past five years, but achieving consistent returns is another battle.
Gold Road Resources and Gold Fields' $621 million Gruyere mine officially opened today, with Mines and Petroleum Minister Bill Johnston saying the project would create around 250 jobs over the next 12 years.
Metals X has announced a sweeping board restructure after last week’s closure of the Nifty copper mine, with three directors resigning and APAC Resources nominee Brett Smith joining, just two months after he was rejected by the incumbent board.
Woodside Petroleum and power contractor EDL will team up for a 27-megawatt gas and renewable microgrid to be built at Strandline Resource’s Coburn mineral sands project, which will include trucked LNG.
Experienced trucking operator Craig Mitchell has formed a logistics joint venture with aspiring sulphate of potash producer Agrimin, seven months after he reached a similar agreement with budding iron ore miner Fenix Resources.
Perenti Global subsidiary Barminco has piloted its new remote operations centre with a Goldfields mine, following several successful trials earlier this year.
Junior explorer Ausgold has received commitments to raise $2.4 million through a share placement and up to $1.2 million via a share purchase plan to fast-track exploration at the company’s Katanning gold project in Western Australia.
Perth-based Danakali will receive a $US50 million investment from Africa Finance Corporation to fund the development and construction of its Colluli potash project in West Africa.
Alita Resources has repaid $US32.5 million ($A47 million) to its major shareholder and creditor Galaxy Resources, which confirmed today it would not pursue its planned acquisition of the lithium mi
Perenti Global will exit from two Burkina Faso operations following an ambush on its employees last month, but will continue operating three other mines in the country. The contractor also announced today several new contracts in Australia and Africa.
Collapsed lithium miner Alita Resources has entered a binding $70 million loan agreement with China Hydrogen Energy, three months after the company went into administration.
Uranium explorer Peninsula Energy is planning a $9.1 million capital raising to fund costs associated with its mines in the US, while De Grey Mining is planning to raise $5 million to fund exploration activities at its Mallina gold project, near Port Hedland.
Vysarn has appointed former AFL player and Sea Harvest managing director James Clement to lead the company next year, three weeks after he was added to the Fremantle Dockers board of directors.
A move to use lasers to perfectly load rail cars is worth about $300 million to BHP and is an example of how the area around the town of Newman is world class in applying technology to resources.
West Perth-based Vysarn announced it has entered a two-year drilling and construction agreement with Fortescue Metals Group for works across its mine sites in the Pilbara.
Alkane Resources has received commitments to raise $20 million through a share placement, and up to $34.8 million through a 1-for-8 rights issue, to accelerate exploration and development programs in the Tomingley gold corridor in New South Wales.
NRW Holdings has purchased BGC Contracting for $116.4 million in cash, three weeks after it was named preferred bidder, and plans a capital raising of $130 million to fund the transaction.
Flinders Mines has announced the negotiation of a binding agreement with BBI Group, bringing the aspiring iron ore miner one step closer to pursuing its Pilbara iron ore project.
West Perth-based Catalyst Metals has received commitments to raise $7.9 million through a share placement, backed by Gina Rinehart's Hancock Prospecting, to accelerate its Four Eagles and Tandarra gold projects in Victoria.
Rio Tinto has approved a $1 billion investment in its Pilbara iron ore operations, including the rollout of more autonomous trucks, on the same day the state government urged Canberra to support changes designed to fast track approvals for major resources projects.
Four hundred Metals X employees and contractors have lost their jobs after the company halted operations at its Nifty Copper mine today, one day after another Pilbara miner Millennium Minerals entered into voluntary administration.
Minority shareholders in aspiring iron ore miner Flinders Mines expressed frustration at today’s AGM over its proposed deal with infrastructure company BBI Group, accusing their board of trying to push through a deal without offering complete details.
NRW Holdings today confirmed it expected 35 per cent growth in revenue this year, helped by the recently acquired RCR Mining Technologies, but was coy on its plans to purchase BGC Contracting.
Gold explorer Catalyst Metals has entered a farm-in and joint venture agreement with major shareholder St Barbara to explore its Drummartin project in Victoria.
