The pressure for a new deep water port north of Geraldton has increased, with a major Chinese steel company taking a 50 per cent stake in Gindalbie Metals Ltd’s $1 billion Karara iron ore project in the Mid-West.
At a time when the wine industry throughout Australia is feeling a lot of pain, Frankland River producer Ferngrove is awaiting the second part of a recent $10 million capital expansion.
Wesfarmers Energy has awarded Bunbury thermal processing and materials handling company Ansac Pty Ltd the design/construction contract for its $8 million demonstration plant at Collie.
Western Australia could be witnessing the dawning of a bio fuel age, the beginning of the triumph of fuels wrought from the soil over hydrocarbon fossil fuels from deep underground.
The decision to list and source capital has as much to do with the project as it does with the market in which the listing or raising is being considered.
Aspiring Perth copper producer Equinox Minerals Ltd has added another $40.5 million to an earlier $170M raising to pave the way for production from its $750 million Lumwana copper/uranium project in Zambia in about two years’ time.
While not unusual in the North Sea, the Middle East and other parts of the world, it is the first time in Australia that a shared drilling program for a number of different operators has been established.
Aspiring Perth copper producer Equinox Minerals Ltd has added another $40.5 million to an earlier $170 million raising to pave the way for production from its $750 million Zambian copper project in late 2007/early 2008.
International oil and gas well construction and services company, the Peak Group, has kicked off a unique multi-well, multi-operator management project off Western Australia’s north coast worth over $100 million.
If outgoing Consolidated Minerals Ltd managing director Michael Kiernan is a rough diamond, his anointed successor, the smooth urbane Rodney Baxter, is the polished result.
Mining boss Michael Kiernan recently returned from a national road show aimed at shoring up Consolidated Minerals Ltd and walked straight into the firestorm that threatens to consume Croesus Mining NL.
International oil and gas well construction and services company, the Peak Group, has kicked off a $100 million-plus drilling programme off Western Australia's north coast.
A small, low-key Perth gas exploration company is on the brink of production from strategic reserves in the middle of a major Italian industrial province already struggling under the real threat of having its traditional gas supplies cut.
Small Perth steel building products company JVGlobal Ltd has quietly clinched two important joint ventures with two of the biggest groups in rapidly expanding India and the United Arab Emirates.
Andrew Forrest’s Fortescue Metals Group is expected to finish its internal financing plans this week so US bank Citigroup can start the much-awaited funding campaign for the company’s $2.5 billion iron ore project in the Pilbara.
New figures out this week paint a bleak picture for minerals exploration in Western Australia. Put simply, the locals are losing out to more aggressive operators from the eastern states and overseas.
