Perth’s importance as a national business centre may have faded during recent months, but it’s a different matter in the inner suburb of West Perth, where several small mining companies have sprung back to life.
The amount of money spent by businesses in Western Australia on research and development fell by 34 per cent in the five years to 2013-14, a new study has revealed.
State-owned Gold Corporation has revealed a $24.9 million pre-tax profit for the first half of the 2016 financial year on the back of higher volumes and cost rationalisation.
Perth-based Panoramic Resources has released an updated scoping study on its renamed Gum Creek gold project in the Murchison region, which details plans for a smaller operation with a lower capex.
Flinders Mines shares have surged after the Pilbara focused iron ore junior received a $38 million takeover offer from private New Zealand company Todd Corporation, which last year offered to buy Flinders' major project.
Blackham Resources will proceed with a $22.9 million refurbishment of the Wiluna gold plant at its Matilda project, with Interquip/Mintrex and Practon Engineering selected as key contractors today.
French company Sodexo is set to become one of the biggest service providers in the Pilbara after signing a $2.5 billion contract to manage all of Rio Tinto’s mine camps and other facilities for 10 years.
Shares in Platypus Minerals were down more than 31 per cent today as the company announced a $10 million deal to buy Belmont-based lithium explorer Lepidico.
Mining giant BHP Billiton has called for tax and workplace reforms in Australia, wading into the ongoing political debate ahead of the federal election later this year.
Doray Minerals has posted a sizeable boost in net profit for the six months to December, as the company works towards opening its second gold mine in Western Australia later this year.
Western Areas founder Terry Streeter has emerged as a major shareholder in nickel and gold explorer St George Mining, after participating in a $2.13 million capital raising.
Matrix Composites & Engineering has sold its engineering workshop in Malaga for $3.25 million, with the proceeds to be used to further reduce the company's debt.
Aurizon has sealed an eight-year extension to an existing coal haulage contract with mining giant BHP Billiton, giving the troubled freight rail operator some respite.
Rare earths company Arafura Resources says it will incur a $27.7 million non-cash impairment charge against its Nolans project in the Northern Territory.
Former Hanlong Mining boss Hui Xiao has been handed an eight-year prison sentence by a Sydney court for insider trading with regards to two Perth resources companies.
Shares in West Perth-based Drake Resources have doubled in value on news the company is planning to exit the resources industry by acquiring an Israeli tech company for $11 million.
Mincor Resources is planning to pursue gold mining opportunities on its Kambalda tenements, while continuing to pursue long-term developments at its core nickel projects.
