Fortescue took a 32 per cent hit to profits and has trimmed its interim dividend after a volatile iron ore market during the first half of the financial year.
Peregrine Gold shares surged nearly 23 per cent on the news that seasoned mining investor Mark Creasy would take up a substantial stake in the Pilbara-focused explorer.
Mincor Resources’ ambitions to resume nickel production by the June quarter have progressed after delivering its first nickel ore to BHP Nickel West’s Kambalda concentrator.
BHP has increased its interim dividend after reporting a big increase in half-year profit and says higher inflation will be a long-term positive for its business.
Shenghe Resources is set to become a major shareholder in Tanzania-focused Peak Rare Earths after buying a 19.9 per cent stake in the company for well above market price.
Perth business Western Plant Hire is expanding its mining services fleet, having partnered with heavy earthmoving equipment and services provider MacKellar Group.
Latest figures from Northern Star have captured the first full reporting period since its mega merger with Saracen Minerals, with earnings up and production on track.
Rockingham-based WA Kaolin has garnered $12 million via a placement and loan facility to fund the second stage of its Wickepin kaolin project southeast of Perth.
Mineral Resources shares dropped more than 10 per cent after the company reported its worst first-half financial result in three years, leaving investors without an interim dividend.
Perenti business idoba is partnering with Japan’s Sumitomo Corporation to create sustainable mining services products while completing two local acquisitions.
Fortescue Future Industries has lodged environmental documents for a renewable energy project near Ashburton that would be a multi-billion dollar development to rival the capacity of the state’s entire South West grid.
Bullseye Mining is mulling two takeover offers after shareholder Au Xingao tabled a $155 million cash offer for the target, competing with an existing scrip proposition from fellow shareholder Emerald Resources.
Shares in recently listed mining services provider MLG Oz have risen 8 per cent after winning a new contract set to generate an additional $10 million in revenue with WA gold producer Red 5.
Paul Everingham will step down from his role as chief executive of the Chamber of Minerals and Energy of Western Australia at the end of his contract in May.
The joint owners of the giant Greenbushes lithium mine in WA’s South West are planning a $1.4 billion expansion, regulatory filings in Hong Kong have revealed.
Two Mineral Resources-owned companies have been hit with $51,000 in fines for failing to protect workers after a 600,000-litre water tank left uninspected failed.
Mining tech company Imdex reported solid revenue and profit increases during the past six months but has indicated that labour restrictions and delivery delays frustrated its pace of growth.
Iluka Resources shares lifted after a class action brought against it before the Federal Court was dismissed and its Tutunup mineral sands plan progressed with the EPA.
The EPA has recommended approval of OZ Mineral’s proposal to mine nickel and copper in WA’s Musgrave Ranges in what could be a first for the region if fully approved.
Revised costs to rehabilitate the Ranger uranium mine in the Northern Territory’s Kakadu National Park could set Rio Tinto back at least $627 million more than first anticipated.
West Perth-based EcoGraf is one of two graphite companies set to receive a major loan through the federal government’s $2 billion critical minerals initiative.
