Mining

Roy Hill Holdings has announced a new leadership structure, with Barry Fitzgerald taking a board role and Gerhard Veldsman being promoted to chief executive.

A low-profile WA family that has amassed a $300 million fortune from iron ore royalties has come to prominence by developing a head office in West Perth.

Horizon Gold has secured $5 million in funding from its major shareholder to progress a drilling program at the company’s Gum Creek project in the Mid West.

Company culture is key, but it often remains an internal secret.

WestStar Industrial’s engineering and construction arm has been subcontracted for works at Fortescue Metals Group’s Solomon Hub in the Pilbara.

NSW-focused copper play Peel Mining has sought funds from investors to progress a final investment decision for its South Cobar project.

Drilling contractor DDH1 has had a weak start to its first day of trading, with its share price dropping 21 per cent from its issue price.

Nickel miner Western Areas has secured $85 million to complete the development of its Odysseus project in the northern Goldfields while announcing plans to raise a further $15 million.

Goldminer Red 5 has named Macmahon Holdings as the preferred mining contractor for its King of the Hills project near Leonora.

Perth-based TNG has been given major project status by the federal government for its Mount Peake vanadium-titanium-iron project in the Northern Territory.

Five Western Australian women have been recognised for their contribution to the state’s resources sector, with Cube Consulting’s Rebecca Prain claiming the top honour.

BHP has struck its third agreement with a major steel producer to study new technologies and production techniques designed to reduce greenhouse gas emissions.

China's iron ore imports rose 2.8 per cent for the first two months of 2021 from a year earlier, with demand for the steelmaking ingredient supported by a firm consumption outlook.

A $285 million merger between local companies Dacian Gold and NTM Gold has been approved by the Supreme Court.

Rebounding economies in Europe and the US are good news for WA in light of China’s ongoing trade hostility.

Local businesses SIMPEC and IronMerge have secured their first contract as a joint venture, providing upgrades to Pilbara Minerals' lithium operations in Western Australia.

Emerging producer Salt Lake Potash has secured new backing for its Lake Way project near Wiluna, as part of a $US138 million syndicated debt facility.

The federal government has released details of a 10-year plan aimed at boosting Australia's resources technology and critical minerals sectors.

Strandline Resources says it has secured more than 90 per cent of the forecast revenue for its Coburn mineral sands project in WA, after signing a new offtake agreement with a UK customer.

The Minerals Council of Australia has announced plans for its members to adopt a new system for reporting on safety, environmental and social indicators, including partnerships with First Nations people.

Victoria’s St Barbara has appointed Macmahon Holdings as the new mining contractor for its Gwalia operations near Leonora under a $500 million agreement.

Hancock Prospecting’s Atlas Iron has taken a major step towards launching its McPhee Creek Iron Ore project, referring the proposal to the EPA this week.

Rio Tinto chairman Simon Thompson will not seek re-election at the company’s AGM next year after taking full responsibility over the destruction of ancient rock caves in the Pilbara.

The Labor Party has vowed to spend more than $37 million overhauling the state’s mining data and information system and halving project approval times.

Five large mining companies have separately launched initiatives this week to accelerate a move toward electrification of their mine sites.

Perth-based 92 Energy is planning to become the first pure-play uranium company to list on the ASX in more than a decade, having launched a $5 million initial public offering.

Local drilling business DDH1 is scheduled to list on the stock exchange next week after raising $150 million through its initial public offering.

Australian Potash has secured $140 million in federal government funding to cover more than two thirds of the development costs associated with its Lake Wells project in WA.

Rio Tinto will chip in $20 million for a new hospital in Tom Price in a deal signed before the caretaker period, but announced today.

Lynas Rare Earths has benefited from a favourable commodity market, having grown its net profit from $3 million to $40.6 million in the year to December 2020.

Mining services business Orica has replaced its managing director after revealing a larger than expected impact from COVID-19 on its global operations.

Shares in Sandfire Resources jumped 11 per cent today after the company reported strong growth in earnings and talked up the copper market outlook.