Mining

The world’s largest track mounted rock crushing and screening machine has arrived in Western Australia at a contracting business in Maddington.

Shandong Gold has received federal government approval to proceed with its takeover of Perth-based Cardinal Resources, despite increasing sensitivity around Chinese foreign investment.

Many tradies spent their money on jet skis during the boom. Others like Richard York put their money aside to build up their business.

Fenix Resources is on track with development of its low-cost, high-grade iron ore project in Western Australia, after receiving commitments to raise $15 million.

Mineral Resources has reported a strong lift in earnings and dividends and outlined plans to double iron ore exports if it gains approval for a new port development.

Kalgoorlie Super Pit owners Saracen and Northern Star have reported a surge in profits for the full financial year, on the back of record production and a strong gold price.

Engineering group Monadelphous has reported a rise in revenue for fiscal 2020, despite saying its second-half performance was significantly affected by COVID-19.

The state government has allocated $3.8 million for studies into reopening the rail line to the Greenbushes lithium mine and building unloading facilities at Kwinana and Bunbury.

The owners of the Kalgoorlie Super Pit have confirmed the mine will continue producing gold for another 15 years, following a strategic review and resource expansion.

BHP's full-year profit has slipped four per cent and it expects its major revenue earner, iron ore, will have less demand from China and greater competition from Brazil.

Brandon Craig will take charge of BHP's Western Australian iron ore operations, after working at the company for more than 20 years.

Malaga company Taranis Power has scored a win over its larger rival UON as the two mining services companies continue a long and expensive legal battle.

Engineering company Monadelphous Group has secured construction and maintenance contracts including with BHP, totalling about $100 million.

Lynas Corporation is raising $425 million to build its proposed rare earths processing facility in Kalgoorlie, while also disclosing an annual loss of $19.3 million.

A famous family name in resources is returning to Perth with Resolute Mining announcing the appointment of James Champion de Crespigny to a new executive role.

Perth-based Swick Mining Services has been contracted by BHP to continue underground drilling services at the Olympic Dam copper mine in South Australia.

Newcrest Mining employees are gearing up for a 2,250 kilometre bike ride for mental health, after raising $110,00 for charity in the inaugural event last year.

Mineral sands company Iluka Resources has posted a 17 per cent drop in its half-year profit due to the effect of COVID-19 on zircon sales.

Newcrest Mining has reported solid financial results for the full year, including an $86 million rise in profit, despite a drop in gold production.

Gold explorer Horizon Minerals is using $16 million raised from a share placement to fund its largest ever drilling program across its Western Australian portfolio.

Gascoyne Resources has secured a $125 million funding package to facilitate the recapitalisation plan put forward by its administrators.

Australian Potash has secured the majority of revenue forecast for its Lake Wells potash project in Western Australia after signing its fourth fertiliser offtake deal.

Indus has been fined $60,000 and ordered to pay $6,000 in costs after one of its contractors died from a severe reaction to a bee sting.

Bellevue Gold has received extra funding to progress its namesake project in Western Australia after its recent share purchase plan closed oversubscribed, raising $35 million.

Perth-based Venture Minerals has made a final investment decision for the restart of its Riley iron ore mine in Tasmania, with operations to begin in a week.

Regis Resources has boosted its gold portfolio in Western Australia after securing tenements from fellow Perth-based explorer Stone Resources Australia.

Clive Palmer has warned that mining companies would be wary of investing in WA after the state government moved to legislate its way out of a dispute with the mining magnate.

A $27.6 billion damages claim by Clive Palmer could be avoided by new legislation, the state government hopes.

Mineral sands company Sheffield Resources has agreed to sell a 50 per cent-stake in its flagship Thunderbird project to an entity based in Hong Kong.

CIMIC Group’s construction business has secured $128 million in new work including with Fortescue Metals Group for its Iron Bridge magnetite project.

Premier Mark McGowan says Rio Tinto's destruction of ancient sites in the state's north should serve as a warning to other mining companies.

Kingwest Resources has agreed to sell two small assets outside its Menzies gold project in Western Australia for $2.1 million.