Evolution Mining has purchased a 19.9 per cent stake in Tribune Resources, which holds a major interest in the East Kundana project operated by Northern Star Resources.
Macmahon has reported a strong half-yearly result, but MACA and GR Engineering have seen their profit plunge compared to the prior corresponding period.
Talisman Mining has announced a $29 million capital return to shareholders in the form of a 15.625 cent per share dividend, following the sale of the company’s 30 per cent interest in the Springfield copper-gold project located in the Doolgunna region.
Bellevue Gold has raised $20 million via a share placement, with the funds to go towards drilling at its namesake project located near the Goldfields town of Leinster.
Shares in Mineral Resources fell sharply early today befor recovering some lost ground, after the company reported an interim net profit of $13 million, due in part to an unrealised loss on its stake in Pilbara Minerals.
Wesfarmers is handing more than $1 billion of the cash it raised by demerging Coles and selling other assets back to shareholders in the form of a special dividend.
Kalium Lakes is a step closer to starting construction on its Beyondie potash project near Newman after receiving $74 million in funding, making it the latest in a string of mining companies to win financial backing from the Northern Australia Infrastructure Facility.
Shares in NRW Holdings and Seven Group Holdings were stronger today after reporting improved earnings on the back of strong resources and infrastructure markets, with NRW adding its first interim dividend in five years.
Intrepid Mines and AIC Resources have agreed to a revised merger deal, less than three weeks after Intrepid’s initial attempt to acquire the Subico-based gold junior lapsed.
Fortescue Metals Group has reported a 5 per cent dip in half-year profit, but blew past estimates as it won higher prices for its iron ore, pushing its shares to a two-year high.
BHP Group has posted an 8 per cent fall in first-half underlying profit to $US3.7 billion ($5.2 billion), which it attributed to production disruptions and lower commodity prices.
Sandfire Resources has reported a first-half profit fall of 18.8 per cent, which the gold and copper miner said was due to increased exploration and project costs.
Wintawari Guruma Aboriginal Corporation has failed in its attempt to overturn a key state government ruling concerning Fortescue Metals Group’s Eliwana iron ore project.
Warren Hallam has been tapped as the new managing director of Capricorn Metals, as the company ramps-up the development of its flagship Karlawinda gold project.
Monadelphous has secured a $108 million contract on BHP Group's South Flank project, while Clough has won its second contract on the same development. The two contracts will create 700 jobs at South Flank, the largest project underway in WA.
Technology Metals Australia has secured $4.5 million via a share placement, with the funds set to advance the definitive feasibility study on its flagship Gabanintha vanadium project, located 40 kilometres south of Meekatharra.
The sale of RCR Tomlinson’s Western Australian operations is complete, with RCR Resources, RCR Power and RCR Water West sold to AvidSys Group for an undisclosed sum.
Liontown Resources has announced a $7.9 million capital raising, with the funds set to go towards project development activities at its Kathleen Valley lithium project, located 60 kilometres north of Leinster.
South32 has posted an 18 per cent rise in half-year underlying profit as a surge in metallurgical coal output and stronger commodity prices helped boost its bottom line.
The Takeovers Panel and Flinders Mines have come to agreement on a new proposal for the iron ore explorer to delist under which its biggest shareholder will lose out.
Northern Star Resources has a declared an interim dividend of 6 cents per share, up 1.5 cents per share on its previous dividend, after its recently acquired Pogo gold mine in Alaska underpinned strong growth for the six months to December.
The federal government’s latest research funding round will focus on minerals including lithium, cobalt and titanium in an effort to boost Australia’s resources sector.
Silver Lake Resources has been fined $58,000 in Perth Magistrates Court following an incident in 2014 that seriously injured a worker at its Murchison gold operation, located 25 kilometres south-east of Cue.
