WA BUDGET: WA Treasury has revised its forecasting methodology for iron ore prices to assume that prices fall away quickly from the current inflated levels, which have provided a large boost to government coffers.
Rio Tinto has awarded $110 million in new contracts for its Pilbara operations, with the beneficiaries including indigenous contractor Yurra and global mining services firm FLSmidth.
A legal dispute between Australia's richest person Gina Rinehart and two of her children will be heard in private after the High Court ruled in her favour.
Gina Rinehart's Hancock Prospecting appears to have emerged victorious in its $644 million bid to acquire metallurgical coal hopeful Riversdale Resources, after Resource Capital Funds accepted the deal.
A big expansion of lithium production at the Greenbushes mine is a step closer after Talison Lithium was given environmental approval for its plans to lift output to 2.8 million tonnes per annum.
Mont Royal Resources has become just the second Western Australian exploration company to list on the ASX this year, with the help of high-profile directors and ‘family office’ investors.
Fenix Resources has formed a strategic alliance with trucking and logistics company Mineheaul, to be led by Craig Mitchell, which the mining company said is a significant step towards the development of its Iron Ridge project.
Troy Resources announced it received commitments to raise $7.57 via a share placement, with the funds to accelerate exploration at its South American gold project.
Rio Tinto has agreed to buy a fleet of autonomous trucks and other mining equipment from Caterpillar for its new Koodaideri iron ore mine in Western Australia.
The Supreme Court has dismissed a $25 million claim brought by local contractor AGC Industries against the developer of the Karara iron ore project in the Mid West.
Mondium, a joint venture between local contractors Monadelphous and Lycopodium, has secured an engineering, procurement and construction contract at Talison Lithium’s Greenbushes project.
ASX-listed AuStar Gold has entered into discussions with the administrators of Centennial Mining to acquire the failed miner, as it seeks to grow its Victorian gold operations.
More than 100 unique arbitration proceedings were conducted in Western Australia during the 2017-18 financial year, the first-ever survey of the sector has found.
Govermment funds earmarked for a biomass energy plant and solar farm at Collie have been transferred to a new $60 million job creation fund that aims to create a long-term future for the town as coal mining winds down in coming years.
Shares in Swick have jumped 10 per cent, after the drilling business revealed its earnings before interest, tax, depreciation and amortisation (EBITDA) rose 58 per cent compared to the prior corresponding period.
Wesfarmers has made a second takeover bid for a miner, with a $776 million proposal for lithium company Kidman Resources, as it seeks to benefit from the global uptake of electric vehicles.
Metals X is planning to spend $163 million to sharpen up the performance of the Nifty copper mine, nearly three years after it bought the Pilbara operation from Indian business Aditya Birla Minerals.
Mining icon Sir Arvi Parbo, whose achievements included concurrently chairing three of Australia’s largest companies - BHP, Western Mining Corporation and Alcoa of Australia - has passed away at the age of 93.
Struggling gold miner Blackham Resources has announced Bryan Dixon has resigned and stepped down from the board today following a “challenging period”.
West Perth-based Aerison has been awarded a contract by BHP Nickel West for the construction of a nickel sulphate plant located at its Kwinana nickel refinery.
Failed gold miner Eastern Goldfields has released details of its planned recapitalisation strategy, with the company lodging a prospectus today for a capital raising of between $30 million and $40 million.
A joint venture between Perth-based Clough and Madrid-based Acciona has secured rail construction works at Rio Tinto’s $3.5 billion Koodaideri iron ore project.
Tempo Australia has appointed the former chief executive of failed engineering firm RCR Tomlinson as an adviser, as a potential cost overrun looms over its Victorian solar energy project.
BGC Contracting has been awarded a $24 million contract to deliver bulk earthworks and roads at the Fortescue Metals Group’ $1.7 billion Eliwana iron ore project.
Fortescue Metals Group has agreed to revise the alignment of its Eliwana rail line, currently under construction in the Pilbara, to avoid damaging Aboriginal heritage sites. FMG’s decision is a win for Wintawari Guruma Aboriginal Corporation.
ASX-listed explosives maker Orica said it expected a $191 million writedown in its first-half results, primarily due to equipment defects and obsolete assets at its half-owned Burrup ammonium nitrate plant near Dampier.
Prime Minister Scott Morrison has promised 1000 shipbuilding jobs at Henderson, and opposition leader Bill Shorten has pledged $75 million towards mining exploration, ahead of their debate tonight in Perth.
Gindalbie Metals has estimated that shares in its part-owned Karara iron ore project have a negative value in excess of $3.5 billion, as it seeks to convince shareholders to accept a takeover offer.
