Mining

Perth-based engineering company ADRA Group has announced former EWS chief executive Robert Osborn Jr as its new leader.

Gold-focused Titan Minerals has signed an agreement to purchase a processing plant in northern Peru in a cash and scrip deal for approximately $6.5 million.

Some aspects of targeted sanctions on Russia are proving beneficial for commodity producers in WA.

Atlas Iron has posted disappointing quarterly results, with discounted prices for its low-grade iron ore leaving the miner with a loss from its March production.

West Perth-based Tungsten Mining has tapped investors for $20 million as the company seeks to progress its Mt Mulgine project in the Murchison region.

Mark Connelly-led Tao Commodities is set to commence trading on the ASX on Monday, after the junior explorer raised $4.7 million via an initial public offering.

Perth-based Genesis Minerals has received commitments to raise $5 million through a share placement, with the funds to be spent on a drilling program and a feasibility study at its Ulysses gold project.

Perth-based company Lycopodium has been appointed as lead engineer and author for a pre-feasibility study at Jervois Mining’s Nico Young cobalt-nickel project in NSW.

Accounting firm BDO has appointed Perth-based chairman Sherif Andrawes as its global natural resources leader, replacing Charles Dewhurst from the company’s US arm, after 12 years in the role.

Junior explorers Black Mountain Resources and Australian Vanadium have announced $3 million capital raisings, while gold-focused Crusader Resources is tapping investors for $6.5 million as part of its initial public offering on the London AIM.

Fortescue Metals Group is expanding its fleet of autonomous haul trucks with the conversion of 100 vehicles at its Chichester mining hub, leaving the company with a fully driverless fleet.

Shares in KIN Mining have nearly halved in value today after the company announced it would be reviewing its $35 million Leonora gold project following expected increases in pre-production capital

The Minerals Council of Australia has announced former Co-Operative Research Centre for Greenhouse Gas Technologies chief executive Tania Constable as its new leader, more than six months after Brendan Pearson left the role.

The board of nickel miner Western Areas has approved a $32 million capital works program at the company’s Odysseus project, with the definitive feasibility study set to be released in the September quarter.

Mark Creasy-backed Galileo Mining has launched its prospectus to raise up to $15 million via an initial public offering to fund an exploration program across its tenements in the Fraser Range near Norseman.

Lucapa Diamond Company is planning to launch a follow-up exploration program at its Brooking diamond discovery in Western Australia’s Kimberley region after completing a $16.5 million capital raising.

Diversified mining services company Mineral Resources has announced plans to acquire Atlas Iron in a scrip deal that values the iron ore miner at $280 million.

Local engineering company Lycopodium has been awarded a contract for design work at Nzuri Copper’s Kalongwe operation in the Democratic Republic of Congo.

The directors of Mineral Resources and Altura Mining have enjoyed solid growth in the value of their shares over the past month, according to data on Director Shareholdings tracked by Business News.

After some early travel for work and moves within the resources sector, consistency has been a hallmark of Peter Harold’s career.

The Takeovers Panel has thrown out an application from Perth-based Auris Minerals to stop a group of dissident shareholders from voting at a meeting to spill the company’s board.

A Supreme Court judgement and a stoush with the state government over a new iron ore mine have shone a revealing light on the activities of the Eastern Guruma people and their business interests.

Lithium producer Tawana Resources has announced plans to merge with its Bald Hill project joint venture partner, Singapore-listed Alliance Minerals Assets, to form a $446 million company.

Altura Mining has appointed Citigroup as its corporate adviser in relation to a potential takeover of the $740 million company by its largest shareholder, Chinese battery manufacturer Shaanxi J & R Optimum Energy.

Kerman Contracting has won a $20 million contract for works associated with the upgrade of the crushing circuit at Talison Lithium’s Greenbushes operation in the South West.

The board of Finders Resources has been overhauled after Indonesian group Eastern Field Developments increased its stake above 90 per cent in its $177 million takeover of the copper miner, with David Fowler appointed as a director and acting chief executive.

Goldminer St Barbara has invested $4 million in local explorer Duketon Mining, while Resolute Mining has announced it will take a $5.1 million stake in a Canadian gold-focused company.

Rio Tinto has co-hosted 21 of the state’s major companies at Scitech to announce further details on its partnership with South Metropolitan Tafe, with high-tech courses in automation expected to be rolled out in 2019.

West Perth-based Caravel Minerals has been forced to call a general meeting to vote on the election of two new directors, who are part of a dissident group that had also wanted shareholders to vote on the removal of three existing board members.

Three Western Australian gold miners have recently started production at their respective operations, with Dacian Gold’s $200 million Mt Morgans project near Laverton pouring its first bar of gold last week.

A new mining research centre to be co-based in Western Australia and South Australia and backed by 34 industry and academic partners is set to proceed after the federal government committed to provide $50 million in funding.

The corporate watchdog has submitted an application to the Takeovers Panel asking it to block certain shareholders of Finders Resources from accepting an offer for their shares.