SPECIAL REPORT: The state’s gold industry is planning to invest more than $1 billion in exploration and development to sustain continued modest growth in production.
SPECIAL REPORT: WA’s 30 gold miners achieved a small increase in aggregate output last year with the state’s biggest producer, Newmont Mining, making up about a sixth of this at 1.1m ounces, research by Business News has found.
Shares in lithium hopeful Kidman Resources dropped 15 per cent to be $1.08 each after the company acknowledged a Warden’s Court ruling last week which recommended Kidman not be exempt from past minimum expenditure obligations on tenements at its Mt Holland project.
Former Mt Gibson Iron boss Jim Beyer will take the reins as managing director of Regis Resources next month, while director James Mactier will take over as chair, after executive chairman Mark Clark announced his resignation.
Aspiring miner Poseidon Nickel has completed a $69 million entitlement offer without having to call on support from its sub-underwriter, Andrew Forrest’s Squadron Resources.
Austal has appointed Chris Indermaur to its board as a non-executive director, while William ‘Bill’ Plyley has stepped down as chairman of Stavely Minerals due to health reasons.
Mount Gibson Iron will have a leadership change at the end of the month, which chief financial officer Peter Kerr to succeed Jim Beyer as chief executive as the latter pursues other opportunities.
Gina Rinehart's Hancock Prospecting has conditionally upped its takeover offer for Atlas Iron in a bid to win over Fortescue Metals Group, which holds a blocking stake.
The corporate regulator has objected to an underwriting deal under which Andrew Forrest’s Squadron Resources could end up with as much as 61 per cent of Poseidon Nickel.
Gold miner Saracen Mineral Holdings has appointed Anthony Kiernan as its non-executive chair, replacing Geoffery Clifford after nearly four years in the role.
Panoramic Resources has agreed to sell the Lanfranchi nickel project for $15 million to Texas-based Black Mountain Metals, showing the American business is still on the hunt for nickel opportunities in Western Australia.
Kewdale-based RCT has installed its latest technology at AngloGold Ashanti’s Sunrise Dam gold mine, which gives an operator control of numerous machines from a singular station.
ASX-listed Volt Power Group has suffered a major setback after BHP suspended its long-runing service relationship with wholly-owned subsidiary Wescone Distribution, less than a year after Volt bought Wescone.
Perth-based Australian Mines has secured a $US12 million convertible note facility with a New York fund, as it seeks to continue development of a Queensland cobalt project and completes the acquisition of a second cobalt deposit.
Lithium producer Altura Mining has secured an additional $US15 million of debt funding to support a second stage expansion and the ongoing ramp-up of its Pilgangoora operation, after officially opening the project last week.
Mineral Resources has continued to diversify its interests, taking a $2 million stake in West Perth-based Barra Resources, which is developing the Mt Thirsty cobalt project near Norseman.
Resource Development Group has announced plans to acquire a 30 per cent stake in a gold project from Bullseye Mining, which is currently the subject of a takeover offer and board spill.
Ramelius Resources has launched a $59.2 million hostile takeover bid for exploration company Explaurum, which is aiming to develop its Tampia Hill gold project in the Wheatbelt.
CIMIC Group subsidiary Thiess has won a $190 million contract extension for mining services at BHP Billiton Nickel West’s Leinster underground mine, where it has operated since 2016.
Gold producer Resolute Mining has appointed Sabina Shugg as a non-executive director, while new data from the Australian Institute of Company Directors has revealed an uptick in female participation on ASX 200 boards.
Workers at Alcoa's alumina and bauxite operations in Western Australia have voted to reject a proposed workplace agreement and will continue industrial action, according to the Australian Workers Union.
Gold producer Pantoro has announced a capital raising for up to $15 million as the company aims to expand production at its Halls Creek operation to 80,000 ounces in 2019.
Newly-listed Coolgardie Minerals has signed an ore sale agreement with Northern Star Resources for production from its Geko gold mine, which is set to come online next month.
POZ Minerals, which operates the Blina diamond project in the Kimberley, has announced it will bid in the state government’s tender to reopen the neighbouring Ellendale mine.
Perth mining executive Michael Ruane is seeking a board spill at Empire Resources, less than two months after the gold miner was forced to restructure its board due to a push from a separate group of dissident shareholders.
