Mining

Shares in West Perth-based Caprice Resources rose by 50 per cent on Thursday afternoon, following news that the company plans to acquire a 90 per cent stake in the Bantam project, located in the West Arunta region of Western Australia.

Perth-based Alliance Nickel has notched major project status from the federal government for its nickel cobalt project near Leonora.

SH Mining has completed its $1.7 billion takeover of Australian mineral exploration company Azure Minerals at a price of $3.70 per share.

Victoria Park-based explorer Raiden Resources has entered into an option agreement with Mallina Corporation, as it plans to divest its Pilbara-based Arrow gold project.

A Mineral Resources plan to purchase Poseidon Nickel’s Lake Johnston nickel plant and convert it to treat lithium mined in the area will not go ahead.

The higher profit came despite a small decline in annual revenue, down to $2.56 billion from $2.75 billion the year prior.

Mineral Resources boss Chris Ellison spoke with unwavering confidence about the miner’s project in Onslow, saying there was nothing easier than iron ore.

Project closures and scale backs in early 2024 presented a stark contrast to the recent era of project delivery in WA.

The West Perth company says the proceeds, in tandem with cash on hand, will fully fund the equity component of its $1.3 billion Hemi gold project in the Pilbara.

Security and sovereignty issues in Mali have pushed Leo Lithium to offload its final 40 per cent interest in the Goulamina Lithium Project to Ganfeng for $342.7 million.

Subiaco-based Firebird Metals closed trade 11 per cent higher on Tuesday, following positive findings from its battery grade manganese sulphate feasibility study, in relation to stage one production in China.

Iluka Resources boss Tom O’Leary has taken a shot at China’s “monopolistic production” of rare earths and warned of the country's preparedness to “weaponise” its control.

Aspiring exploration company Premier1 Lithium has appointed Jason Froud as its managing director.

Mineral exploration company Australian Vanadium has announced an updated mineral resource estimate for its namesake project in Meekatharra.

Subiaco-based Green Critical Minerals has announced it has added the position of managing director to Clinton Booth’s portfolio.

Shares in Horizon Minerals rose by 26 per cent on Monday morning, after the junior announced it had entered into a binding ore sale agreement with Paddington Gold, a wholly-owned subsidiary of Norton Gold Fields.

International goldminer Newmont has had to stop activity at its Telfer gold mine after WorkSafe issued two prohibition notices over the Pilbara operations.

Premier Roger Cook has defended his government’s decision to give Alcoa the go-ahead to mine in the South West, despite concerns from its own departments around potential environmental impact.

Gold miner Regis Resources has announced it will develop both its Garden Well Main and Rosemount Stage 3 underground mines, as its underground growth strategy gains further momentum.

Venture Minerals has appointed Tim Lindley as its non-executive chair, who will begin his new role on Monday.

Applecross-based Hot Chili will raise up to $29.9 million courtesy of a private placement, in a bid to further progression at its Costa Fuego copper-gold development in Chile, located 600km from Santiago.

Gold exploration company Predictive Discovery has announced it will raise $50 million in a bid to enhance further growth and development at its flagship Bankan gold project in Guinea.

A rising gold price in a debt-laden world is a sign investors are seeking a safe haven ahead of a looming crisis.

Shares in Caravel Minerals rose by 12 per cent on Thursday morning, following news the Subiaco-based explorer had submitted its environmental review document for the Caravel copper project to the Environmental Protection Authority.

Rio Tinto says it's already on course to be one of the leading suppliers of copper as the board keeps its powder dry on trumping BHP's tilt at Anglo American.

Wesfarmers’s chemical division managing director Ian Hansen is set to retire later this year, but he will remain chairman on the group’s lithium business.

Doubts over the direction of the iron ore price have fostered talk of lean times ahead for the industry.

Exploration company Anson Resources has signed a binding offtake term sheet with South Korea-based LG Energy Solution.

The hydro plant previously supplied electricity to Rio Tinto’s Argyle diamond mine, until the mine was decommissioned in 2020.

Shares across several Western Australia-based uranium exploration companies rose on Wednesday, following news overnight that the US senate unanimously approved a bipartisan bill to ban Russian imports from 2028.

Cheryl Edwardes-chaired Red Hawk Mining has high hopes over its Blacksmith iron ore project in the Pilbara after completing a preliminary feasibility study.

Turaco Gold will raise $18 million to further accelerate drilling at its Afema gold project, located in eastern Côte d'Ivoire.