Simone Grogan

Genesis Minerals has secured full control of friendly takeover target Dacian Gold, triggering Nev Power’s retirement from the board and the appointment of prominent director Tony Kiernan.

OZ Minerals has pushed the button on the project despite a $600 million capital increase, proclaiming the asset’s enormous potential as a modern mine in an era of decarbonisation.

Legislation designed to simplify the mining approvals process in Western Australia amid record exploration spending and labour shortages has passed in the upper house overnight.

AIC Mines has laid plans to make a $36 million scrip bid for recently-listed explorer Demetallica, sending the target’s share price up 42.5 per cent.

Origin Energy is expected to divest its 50 per cent stake in an oil and gas exploration venture with Buru Energy as the gas and electricity major turns its focus to “cleaner” projects.

Subiaco-based lithium play Octava Minerals closed its first trading day on the local bourse up 27.5 per cent on the back of $6 million initial public offering.

TNG has announced a wave of changes to its board and senior management after meeting with a cohort of the company’s largest shareholders.

West Perth-based Anson Resources has received commitments to raise $50 million as it works towards making a final investment decision for its flagship project in Utah.

Southern Cross Electrical Engineering’s electrical business has won a trio of solar power and infrastructure awards valued at $30 million.

Lithium Energy has tapped new and existing investors for $15 million to fund a drilling campaign at its Solaroz lithium project in Argentina.

Shares in Warrick Hazeldine-chaired Global Lithium Resources have risen to a new high after major shareholder Mineral Resources lifted its interest in the business.

Prominent corporate lawyer Michael Bowen and Euroz co-founder Jay Hughes have joined the board of ASX-listed gold producer Emerald Resources.

Rio Tinto and its largest customer China Baowu Steel Group have cemented a joint venture to develop the Western Range iron ore deposits in the Pilbara at a cost of $US2 billion.

Rio Tinto’s managing director of battery minerals, Marnie Finlayson, will join the board of Northern Star Resources as an independent non-executive director in October.

Bellevue Gold has engaged Belmont-based RUC Cementation Mining Contractors in a multi-year contract for raise-boring services at its namesake project in the Northern Goldfields.

Investors in potash company Kalium Lakes have welcomed news that sulphate of potash processing has resumed at its lead project after a series of delays.

Australian Potash has drafted former Northern Australian Infrastructure Facility director Patrick Leung as new chief financial officer as the company works towards further funding arrangements.

A subsidiary of Shanghai Stock Exchange-listed Chifeng Gold has bought $49.3 million worth of shares in aspiring West African gold producer Tietto Minerals.

Aspiring gold producer Greatland Gold has recruited three of the state’s most prominent company directors while also attracting Andrew Forrest’s Wyloo Metals as its top shareholder.

Mineral Resources shares have soared to an all-time high amid speculation that the Chris Ellison-led miner is considering a spin-out of its lithium operations.

Governor Chris Dawson has declared a mourning period in Western Australia for Queen Elizabeth II, describing her as a beacon of stability through decades of rapid change.

Terry ‘Tuck’ Waldron has stepped down as chair of the Western Australian Cricket Association after three years in the role due to a severe decline in his mental health.

De Grey Mining estimates it will cost $1 billion to transform its famed Mallina discovery into a 540,000 ounce per annum gold operation and one of the largest by output in Australia.

The local bourse has finished down 1.4 per cent, with market darling Chalice Mining a casualty after losing nearly 54 cents on its share price.

A company belonging to Monadelphous chair John Rubino has bought $6.7 million worth of shares in WA apartment developer Finbar, adding another link to the pair’s business relationship.

Shares in Clough family-backed NeuroScientific Biopharmaceuticals have plunged after a planned clinical trial for its budding Alzheimer’s treatment was rejected by the Human Research Ethics Committee.

BHP handed over $3.8 billion in tax and royalty payments to Western Australia during the financial year and estimates its projects contributed 13 per cent of all revenue in the state.

Hastings Technology Metals is hoping to raise up to $110 million to develop its proposed Yangibana rare earths project in Western Australia’s Gascoyne region.

Prominent Western Australian business figure Denis Cullity, who was best known for his contribution to the state’s timber industry, has died at 94.

Sedan and SUV models of the electric vehicle have jumped in popularity during 2022, though overall car sales in the state have dwindled.

DLA Piper’s Perth office will recruit two new partners, including a special counsel from Gilbert + Tobin, amid what managing partner Amber Matthews has called a competitive market in town.

Minister Bill Johnston says his department is having its own trouble recruiting staff to process exploration approvals, in response to industry calls for faster lead times to access ground.