Contractors Doug Grewar and John Silverthorne are planning to develop the Brightstar gold project near Laverton, after their private company signed an agreement with project owner Stone Resources A
Mineral exploration companies Explaurum and Black Rock Mining have completed capital raisings totalling $10.5 million to advance their gold and graphite projects respectively.
It was a successful day for participants in the Egan Street Resources initial public offering, with shares in the gold hopeful up 50 per cent on the first day of trading.
The capital cost of ASX-listed European Metals’ potential lithium mine and processing plant in the Czech Republic has come down by around $US85 million, to $US169 million, the company revealed today.
Iron ore exporter Fortescue Metals says it will repay $US700 million ($A925 million) of its debt, generating annual interest savings of about $US26 million.
Davenport Resources has launched a $5 million capital raising to support its plans to acquire a potash project majority owned by West Perth-based Potash West and list on the ASX.
The Environmental Protection Authority has recommended approval of global miner Cliffs Natural Resources’ plans to extend its Koolyanobbing iron ore operations, as Mineral Resources continues to seek approval for its own expansion plans in the same region.
ANALYSIS: It has been a high-profile week for extremely private explorer Mark Creasy, with two major pieces of news that appear likely to add to his already significant wealth.
Diversified miner South32 chief executive Graham Kerr earned $4.1 million in 2015-16, but lost more than a third of his short-term incentives due to fatal workplace accidents.
Michael Fotios’s Eastern Goldfields has made its second strategic investment this week, announcing today a $6 million deal to earn-in to Windward Resources and Mark Creasy’s nickel and gold portfolio in the Fraser Range.
Perth-based contractor Linkforce Engineering is aiming to gain a competitive edge through a successful partnership with maths specialists at Curtin University.
A $400 million lithium processing plant to be built in Kwinana has got the green light, with West Perth company MSP Engineering to act as head contractor.
Gold miner Troy Resources has launched a $40.7 million capital raising to shore up its balance sheet and fund further development of its Karouni mine in Guyana.
Shares in Doray Minerals were down 5.5 per cent as the gold miner released production guidance for the 2017 financial year of between 105,000 and 120,000 ounces.
Galaxy Resources has pushed back the first shipment at its Mt Cattlin lithium mine after several delays and cost overruns, with the company’s directors volunteering to fund any cash shortfall out of their own pockets.
It might be wishful thinking, but there are encouraging signs pointing to an end to the crisis that has humbled Western Australia’s nickel mining industry.
Toro Energy has received the environmental watchdog’s backing to mine two additional deposits at its Wiluna uranium project, subject to a number of strict conditions.
Two Western Australian gold hopefuls, Intermin Resources and Primary Gold, have announced earn-in and drilling-for-equity deals, respectively, to progress potential gold projects.
New research released by the mining sector today suggests the impact of the WA Nationals' proposed $5 per tonne tax on iron ore production could be greater than originally anticipated.
Drilling services company Imdex has tapped investors for $40 million, with plans to raise a further $5 million as it seeks to shore up its balance sheet.
Hong Kong-based Brockman Mining has continued its run of legal victories in its efforts to gain access to Fortescue Metals Group’s rail infrastructure.
Alcoa of Australia and Alumina have settled a dispute over their Western Australia-focused joint venture, which will pave the way for Alcoa to proceed with a split of its global operations.
Gold and lithium players were the biggest winners in the quarterly S&P/ASX indices rebalance, with Perth-based companies Galaxy Resources and Resolute Mining leading the shift, while contractors and tech firms lost ground.
Elemental Minerals has finalised a $US50 million ($A66.4 million) equity injection with three investment groups to fund development of its Kola Sylvinite potash project in the Republic of Congo.
Northern Star Resources has announced a major board restructure that includes the recruitment of two new directors and, in an unusual move that is at odds with corporate governance guidelines, the promotion of managing director Bill Beament to executive chairman.
