Civmec has filed a statement of claim against Altura Mining’s lithium subsidiary, with the contractor alleging it is owed $4.5 million in compensation.
Perth-based explorers S2 Resources and Impact Minerals have both launched capital raisings today, with the proceeds to advance exploration activities at their Western Australian and NSW assets.
Aspiring gold producer Calidus Resources will begin early construction works at its flagship Pilbara project using the proceeds raised from a $25 million share placement.
Azure Minerals will gain interests in four Western Australian gold assets from Creasy Group, with initial exploration to be funded by a $4 million capital raising.
Rio Tinto has reported a 1.5 per cent rise in iron ore shipments for the second quarter and says demand for the steelmaking ingredient is improving in China.
West Perth-based Challenger Exploration says it will use funds raised from a $20 million share placement to explore the company’s gold projects in South America.
Snowden has become the latest Perth-founded mining service to change ownership after being purchased by Datamine, a subsidiary of Canadian company Vela Software.
Shares in King River Resources rose 20 per cent today after the Western Australian company said it would begin exploration activities next month, following COVID-induced delays.
Gibb River Diamonds is set to acquire its first gold asset after securing the option to buy Nexus Minerals’ high-grade Edjudina gold project in the Eastern Goldfields.
Black Cat Syndicate has launched a $10 million share placement, with three other Western Australian-based explorers also seeking funds to progress their gold and copper projects.
Rare earths miner Lynas Corporation has moved ahead with the development of its Kalgoorlie processing plant after signing a $21.6 million contract with Metso Outotec.
Russian-owned Nordgold has increased its bid to acquire Cardinal Resources to around $347 million, which trumps a competing proposal from Shandong Gold that has already been endorsed by Cardinal.
Early work at Rio Tinto’s planned Winu copper mine could start before March next year, with the company submitting papers for federal environmental approvals today.
Philanthropist and experienced mining executive Kerry Harmanis has been appointed as non-executive chairman of gold explorer Talisman Mining, sending the company's shares up by nearly 14 per cent.
Euroz subsidiary Westoz Funds Management has emerged as a strong critic of the proposed takeover of Zenith Energy, one day after Zenith revealed the scheme was at risk of failing.
Sydney-based explorers Gateway Mining and Navarre Minerals are raising a collective $15 million for gold projects through underwritten share placements with Western Australian brokers.
One of Western Australia’s largest gold mines has been forced to shut down after a safety incident involving one of Saracen Mineral Holdings’ underground miners.
The directors of Alto Metals have recommended shareholders vote against a takeover bid from Habrok Mining, saying the offer was opportunistic and undervalued the company.
CIMIC Group’s mining services business has received a $2.5 billion contract extension with Jellinbah Group for work at the Lake Vermont coal mine in Queensland.
AustSino Resources Group will receive $100 million from an entity associated with its chairman to facilitate the company’s planned investment in Sundance Resources.
The long-awaited Southdown Magnetite project, near Albany, has achieved a win after obtaining federal environmental approval, but securing funding is a challenge.
Veris subsidiary Aqura Technologies has signed $2.2 million in contracts including with BHP, which will use the company’s communications service across its Pilbara mine sites.
