Fortescue Metals Group has agreed to a $6 million farm-in with Carawine Resources to explore its Paterson project in Western Australia, and a $2 million farm-in with Reward Minerals to explore its potash tenements in the McKay range.
Junior gold explorer Breaker Resources has agreed to a non-brokered $8 million placement to a private equity fund managed by New York-based Electrum Group, with the proceeds to fund drilling activities at Breaker’s Lake Roe mine in Western Australia.
Kewdale company RCT has pioneered a lot of technology used in the mining industry, and its increased focus on export markets has lifted sales to a record level.
Bassendean-based Hofmann Engineering has credited increased orders from the mining sector and a major contract in the defence sector as the major drivers behind a surge in revenue to a record $149 million in its 50th year in business.
Gold producer Pantoro announced it has completed a processing plant options review and scoping estimate at the Norseman processing facility in Western Australia.
Spectrum Metals announced it has filed and served its defence to a claim from Venus Metals Corporation in relation to Spectrum’s acquisition of DJ Carmichael’s Penny West gold project in Western Australia.
Venus Metals Corporation has entered into an underwriting agreement with Ord Minnett to exercise $5.7 million worth of options to progress exploration activities at its base metal projects in Western Australia.
Panoramic Resources has advised shareholders not to take action in respect of the off-market takeover offer launched last week by Independence Group, while also criticising some of the conditions attached to the offer.
updated: Pilbara Minerals temporarily suspended its operations today after Homicide Squad detectives were called to investigate a suspicious death at its Pilbara lithium mine.
Mining & Process Solutions has won the top prize at this year’s Innovator of the Year awards, with an environmentally friendly, cost-efficient new process for the mining industry.
Perenti Global will reassess the security situation in the West African nation of Burkina Faso following a deadly attack on its employees and other local workers.
Wesfarmers subsidiary Evol LNG has announced plans to upgrade its liquefied natural gas plant in Kwinana to increase production capacity by 40 per cent.
Three Western Australian companies led by experienced mining executives are hoping to defy the slump in new stock market listings by launching initial public offerings over the past week.
GR Engineering Services has signed a $24.5 million contract with Saracen Mineral Holdings to upgrade the processing plant at the Carosue Dam gold mine in Western Australia.
Independence Group is planning to take advantage of nickel miner Panoramic Resources’ operational issues and boardroom changes by launching a hostile scrip takeover bid.
Silver Lake Resources has substantially improved the terms of its scrip takeover bid for EganStreet Resources, which disclosed today it had been approached by Adaman Resources with a competing cash offer.
Fortescue Metals Group has awarded a $24 million contract to Australian Ceramics Engineering, primarily to provide offsite refurbishment for its operational sites in the Pilbara.
The $600 million Wodgina lithium project is being placed on care and maintenance, after its ownership was transferred to a joint venture between US company Albemarle Corporation and local company Mineral Resources.
Gina Rinehart’s Hancock Prospecting and its subsidiary Roy Hill Holdings have delivered bumper profits off the back of higher iron ore prices, with Hancock posting a profit of $2.6 billion for the year to June 2019.
Nickel-explorer St George Mining has completed an institutional-led placement to raise $5.8 in funding for its flagship project at Mt Alexander, in the north-eastern Goldfields of Western Australia.
Perth-based mining services company Mader Group has recorded annual revenue growth of 46 per cent, to $228.6 million, in its first annual report since listing on the ASX.
Perth-based Wright Prospecting has confirmed its status as one of the country’s most profitable companies, lifting its annual earnings on the back of higher iron ore prices and paying a whopping $172 million dividend to its owners.
Federal Labor leader Anthony Albanese has used a speech in Perth to defend the importance of the mining industry, saying the market should be allowed to determine which projects, including in the coal sector, are able to proceed.
Uranium miner Paladin Energy has appointed Cliff Lawrenson as its non-executive chairman, after Rick Crabb announced his intention to step down from the role.
Australian Vanadium has signed an option to build a vanadium processing plant at a site east of Geraldton, as it continues to work on a potential mining project.
Cardinal Resources is pressing ahead with engineering studies for its Namdini gold project in Ghana after completing a feasibility study that delivered what it called a compelling and robust outcome.
