Mining

Magnis Energy Technologies has unveiled the feasibility study for Australia's first battery manufacturing plant near Townsville, which could put a dent in Western Australia’s ambition to establish the country’s primary battery minerals processing and manufacturing hub.

Eddy Haegel has made a career breathing new life into struggling assets at BHP, including the revival of the mining giant’s nickel business; sharing his story at a Business News breakfast today, he was also bullish about the potential to develop more downstream processing of battery minerals in WA.

AusGroup has been awarded two major contracts, one of which is valued at $6 million for further work on BHP’s South Flank iron ore project.

Talisman Mining has stuck a deal to sell its Sinclair nickel project to Saracen Mineral Holdings for $10 million in cash plus royalties.

Potential shipping capacity at Port Hedland has been increased by 40 million tonnes per annum to 617mtpa, according to the state government.

BHP has been fined after failing to ensure road access to one of its mine sites was safe, causing injury to a fuel delivery driver.

Shares in Stavely Minerals have more than tripled today after the junior reported “stunning” high-grade intercepts at a shallow depth at its Thursday’s Gossan porphry gold-copper project in western Victoria.

Harnessing the enormous mineral and petroleum wealth of WA required leaders willing to drive innovation and take risks. We profile seven of the most important.

RNC Minerals has recovered an estimated $3.9 million worth of gold within 274 kilograms of rock at its Beta Hunt mine in the Kambalda district of the Goldfields.

UPDATED: Focus Minerals has opted to continue negotiating with Horizon Minerals over the sale of its Coolgardie gold project, despite Hong Kong-listed Hanking Gold Mining submitting an alternative offer.

Mining services company Mader Group has refined a unique business structure to sustain its profitable growth. Ahead of its ASX listing, we talk to chief executive Patrick Conway about the group's plans and founder Luke Mader's move to the US.

WA’s resources industry has business and community benefits that reach far beyond the export dollars they earn.

A resurgent iron ore price and a record $A gold price underpinned a $30 billion increase in Western Australia's mineral and petroleum sales for the 2019 fiscal year, according to the state government.

Copper and gold explorer Hot Chili has raised $12.1 million via a share placement, while Australian Vanadium and Blackstone Minerals have also locked in funds from capital raisings.

Bardoc Gold has received firm commitments to raise $12 million through a share placement to advance its Kalgoorlie region developments.

Swick Mining Services has raised $15 million via share placement, as the company positions itself for a period of growth.

Azumah Resources has pushed back against Ibaera Capital’s hostile takeover bid, stating that the mining equity fund has paid substantially more for its current stake in the gold junior than the price of its takeover offer.

Matsa Resources is seeking to raise up to $6 million via a share placement, with a portion of the funds to go towards further development at its Red October gold project.

Mining services company Breight Group has established a specialist training centre in Belmont to lift the skill level of workers undertaking maintenance and shutdowns on mine sites.

Copper and tin producer Metals X has launched a $32.7 million capital raising to turn around its struggling Nifty copper operation, less than three weeks after it refreshed its board at the behest of its largest shareholder.

A truck driver has passed away following an accident at Independence Group’s Nova nickel-copper mine in the Goldfields last week.

Paringa Resources is seeking to raise $8.1 million, while Mali Lithium is on the hunt for $5.3 million, both via rights issues.

Ibaera Capital has made a hostile $27.4 million takeover bid for fellow West Perth-based company Azumah Resources, as the fund manager seeks to get both hands on its gold joint venture in West Africa.

Gina Rinehart’s Hancock Prospecting may have to pour more funds into the severely cash-strapped UK-based Sirius Minerals, after the company shelved a $US500 million bond issue for a multi-billion dollar potash project in the UK, blaming factors such as a lack of government support and Brexit uncertainty.

A widely publicised report out today that claimed Western Australia will need 10,700 more operational workers in the mining sector by 2024 appears to be misleading, according to a review by Business News.

Subiaco-based uranium company Peninsula Energy has flagged a write-down of between $US20 million ($29.2 million) and $AUS30 million ($A43.8 million) stemming from its Lance on-site recovery project in the US state of Wyoming.

Evolution Mining has agreed to spend $18 million on exploration over the next five years on West Perth-based Musgrave Minerals’ Cue gold project in the Murchison region.

Agrimin has raised $8 million via a share placement to fund the completion of the definitive feasibility study for its Mackay potash project.

Gold Road Resources’ lucrative path to production could be the catalyst for change in how gold juniors advance their projects.

Northern Star Resources and Evolution Mining have emerged as the main contenders to acquire Barrick Gold’s share in the historic Kalgoorlie Super Pit.

The state’s gold miners are positioning themselves to take advantage of the commodity’s surging value.

Subiaco-based Titan Minerals has launched its second takeover offer this year for Canada-based Core Gold, which is the largest gold producer in Ecuador, for a lower value than its initial bid.