Mining

Three junior miners are undertaking capital raisings, with Amani Gold set to raise at least $3.7 million, Hot Chili $3.2 million, and $3 million for Capricorn Metals.

SPECIAL REPORT: Western Australia may not be ready with the workforce and skills needed for the next boom.

ASX-listed Heron Resources has received a claim from CIMIC Group subsidiary, Sedgman, for $49.9 million in extra costs for works at its flagship Woodlawn zinc-copper project in New South Wales.

The Perth Mint is injecting some fun into the world of bullion investing by releasing a new range of collectable coins featuring none other than The Simpsons.

Three Perth-based listed resources companies have today announced additions and changes to their boards, with appointments including John Elkington and Bruce Goulds.

Newmont Mining has awarded WorleyParsons an engineering and construction contract for its Tanami gold project, where it is evaluating investment of up to $US750 million ($A1 billion).

Lucapa Diamond Company has announced it has sold US$16.7 million ($22.9 million) worth of diamonds at an Angolan auction.

Lithium producer Altura Mining has entered a trading halt, with a plan to raise about $30 million for working capital, a day after it reported production at its Pilgangoora processing plant was improving.

Three local junior resources companies are undertaking capital raisings, with Sovereign Metals to raise up to $5.3 million, Global Energy Ventures up to $5 million, and Northern Minerals to raise $3 million.

The state government has used the launch of its battery industry strategy today to announce that one of the first initiatives will be to develop an investment attraction strategy for the sector.

Big business has stepped up its campaign in favour of a constitutionally enshrined ‘voice’ for indigenous Australians, with BHP Group chief executive Andrew Mackenzie using a speech in Perth this morning to endorse the proposal.

Fortescue Metals Group has recorded a 5 per cent rise in iron-ore shipments for the December quarter, as it positions itself to increase output of a new higher-grade product.

Belmont-based contractor NRW Holdings will purchase the mining and heat treatment businesses of RCR Tomlinson for $10 million.

Galena Mining has struck a deal with Japanese company Toho Zinc to invest up to $90 million in stages in the Abra zinc project in the Gascoyne region.

MACA has signed a memorandum of understanding for a $US220 million ($306 million) contract for Emerald Resources planned gold project in Cambodia.

SPECIAL REPORT: Western Australia’s iron ore industry has reshaped the BNiQ ranking of the state’s largest private companies.

Three struggling locally-based miners, including MZI Resources and Thundelarra, have announced the departure of their top executives.

Rio Tinto has awarded its 100th work package to local businesses in the Pilbara, as part of its program designed to increase opportunities for businesses in Western Australia.

Primero Group has been selected as the preferred engineering, procurement and construction contractor for Adelaide-based Core Lithium’s $53 million Finniss project near Darwin.

NRW Holdings has secured a $65 million civil works contract at Rio Tinto’s Koodaideri mine, located in the Pilbara.

AVZ Minerals is seeking to raise up to $10 million via a share purchase plan, primarily to advance its Manono lithium and tin project in the Democratic Republic of Congo.

The descendants of iron ore pioneer Peter Wright have received total dividends of $702 million over the past three years, according to recently lodged financial statements that also reveal the big legal expenses they have paid.

Northern Star Resources’ full-year production guidance remains unchanged at a healthy 850,000-900,000 ounces, but its shares slumped today after it flagged a lift in all-in sustaining cost guidance.

The Australian Securities and Investments Commission has appointed Morgan Stanley Wealth Management to sell approximately 12 million ordinary shares in Tribune Resources.

About 5,000 exploration, tenure and mining approvals were sitting in the Department of Mines, Industry Regulation And Safety’s pipeline at the end of the September quarter last year, according to the department’s latest approvals performance data.

Shares in Fenix Resources were up by as much as 150 per cent today before falling at the close of trade, after the company announced it had intersected substantial high-grade iron ore via a drilling program at its flasgship Iron Ridge project, located in the Murchison region.

Lithium miner Galaxy Resources has flagged a strong increase in its estimate of reserves and resource at its Mt Cattlin Project, located two kilometres north of Ravensthorpe, following its latest drilling activities.

Crater Gold Mining has announced it will raise up to approximately $23 million via a renounceable entitlement issue to improve its weak balance sheet.

BHP Group has highlighted a $US600 million (approximately $840 million) fall in earnings due to production disruptions at its Australian and Chile operations.

SPECIAL REPORT: Global players are converging on WA as resources assets become increasingly attractive in the international arena.

Treasurer Ben Wyatt has said he does not think BHP Group has been a bad corporate citizen after it was today revealed the iron ore miner might owe up to $300 million to the state in royalties, the company’s third such battle in recent years.

MZI Resources has decided to explore the sale of its Keysbrook mineral sands mine after recurring technical setbacks left the company saddled with high debt.