Nedlands-based Lodestar Minerals Ltd, a subsidiary of Dioro Exploration Ltd, has made an underwhelming debut on the Australian Securites Exchange today, with its shares down 1 cent on their 20 cent issue price at start of trade.
West Perth-based Regal Resources Ltd has sold its Eucalyptus Gold project in Western Australia's north eastern goldfields for $2 million in cash to a private syndicate.
Barra Resources Ltd says it has hit pay dirt after uncovering what it believes is one of the most spectacular gold discoveries in Australian resources history at its Burbanks underground mine near Coolgardie.
Paladin Energy Ltd managing director John Borshoff has made an instant paper profit of almost $19 million and chairman Rick Crabb almost $16.5 million, after they exercised share options in the uranium miner today.
Rio Tinto Iron Ore has given the green light to construct a Remote Operations Centre on a two-hectare site at Perth's Domestic Airport, as foreshadowed in WA Business News this month.
Plans to build a $400 million lumber project at Albany have effectively come to an end after Subiaco company Lignor Ltd said it had failed to raise $350 million, triggering the resignation of its managing director Glyn Denison.
Western Australia is on the verge of a plant breeding revolution, following the signing of two historic agreements between WA and Zhejiang University in China.
Woodside Petroleum has awarded the engineering contract for its Pluto gas plant to a FosterWheeler WorleyParsons joint venture, continuing the run of success Sydney-based WorleyParsons has had in Western Australia.
Michael Kiernan's diversified mineral company India Resources Ltd has expanded its footprint in the Indian resources sector, paying $2.3 million for a 17 per cent stake in fellow Indian minerals developer Pebble Creek Mining Ltd
Natural gas consumption in India has the potential to rise significantly- from 32 billion cubic metres in 2005 to 82 billion cubic metres in 2025- according to a new Australian Bureau of Agricultural and Resource Economics report.
Nickel and base metal explorer Breakaway Resources Ltd has entered into a strategic farm-in joint venture worth $3.5 million with Barra Resources Ltd, over an ambitious gold exploration programme at Breakaway's Kambalda West project in Western Australia.
PepinNini Minerals Ltd has paid $5.5 million for a 51 per cent stake in Eagle Gold Mines Ltd and entered into a farm-in agreement with the company to explore for iron ore in seven Eagle Gold tenements in the Robinson Range area of Western Australia.
Eight Western Australian company directors in the mining industry collected tidy Christmas bonuses this week with substantial paper profits from the exercise of options.
VDM Group Ltd executive director Stuart Cuthbert has decreased his indirect interest in the company - held by Redmont Resources Pty Ltd - through the on-market sale of 1 million shares valued at $2.7
A fresh wave of nickel miners is hopeful a new processing technology will realise significant cost benefits, as trials into the feasibility of heap leaching on laterite nickel deposits move into full swing in Western Australian.
EXPLORATION companies Navigator Resources Ltd and CityView Corporation Ltd have successfully completed share placements to raise $5 million and $10 million, respectively.
Engineering company Clough Ltd's contract dispute over the G1 project in India has deepened after its client ONGC submitted a counterclaim worth US$1.2 billion (A$1.3 billion), a figure Clough insists ignores the limits of liability.
Swick Mining Services Ltd has been awarded new drilling contracts worth $55 million per annum with a number of leading mining houses including Consolidated Minerals, Oxiana, Jubilee, Territory Resources, Barrick and Newmont.
Emerging mineral explorers Jameson Resources Ltd, Bellevue Resources Ltd and Noah Resources NL have made modest debuts on the Australian Securities Exchange today.
West Perth-based gold explorer Exco Resources Ltd has sold its Exco Operations (SA) subsidiary for $12 million to Syrah Resources Ltd and RMB Resources Ltd.
Newly listed West Perth-based resources company Apollo Minerals Ltd has taken a significant step forward in the development of its recently acquired Western Australian iron ore project, following the signing of a Memorandum of Understanding with Chinese I
Perth-based Carrick Gold Ltd has raised $18 million after placing 10.6 million shares in the company at $1.70 each to investors and clients of BBY Ltd.
Nickel explorer Heron Resources Ltd has launched legal proceedings against Russian giant Norilsk Nickel in the Western Australian Supreme Court in a bid to gain access to the Bulong tenements near Kalgoorlie.
A spokesman for Fortescue Metals Group Ltd said the group would not comment on reports that its chief executive, Andrew Forrest, held discussions with bankers in Beijing earlier this week seeking loans to help fund a $1 billion expansion of its Pilbara ir
Emerging mining and exploration players Navigator Resources Ltd and CityView Corporation Ltd have successfully completed share placements to raise $5 million and $10 million, respectively.
Golden West Resources Ltd has firmly rejected Fairstar Resources Ltd's improved scrip takeover offer, arguing that the value of Fairstar scrip is highly uncertain and volatile and that Fairstar adds nothing to the planned Wiluna West iron ore project.
