A delegation including Tesla, Forrest empire nickel business Wyloo Metals and lithium producer Pilbara Minerals has met with the federal government over a battery metals production tax credit.
Uranium explorer Boss Energy generated a net profit after tax of $56.64 million during the first half of the 2024 financial year, after making a $2.4 million loss during the prior corresponding period.
Perth-headquartered mining services contractor Perenti has confirmed one of its employees has been killed in an underground mining incident in West Africa.
Subiaco-based Boss Energy has acquired a 30 per cent stake of the Alta Mesa ISR uranium project, located in the US state of Texas, for $US60 million, or $A91.5 million.
The Workforce Gender Equality Agency has published gender pay gap data on more than 400 WA private sector companies, shedding a light on remuneration disparities.
Capricorn Metals recorded a slightly higher net profit after tax during the first half of the 2024 financial year, as it remains on course to meet annual production guidance targets.
Mineral exploration company Western Yilgarn will raise $1.15 million, after expressing a desire to further exploration activities at two of its Western Australian-based projects - Ida Holmes Junction and Julimar West.
Deep Yellow has the potential to become a multi-mine uranium producer by 2028, according to managing director and chief executive officer John Borshoff.
Shares in Lynas Rare Earths were slightly up on Monday, despite news the company's net profit after tax for the first half of the 2024 financial year was down 74 per cent.
Major aluminum producer Alcoa has inked a $3.4 billion deal to acquire Alumina Limited in a move it says “reaffirms” its commitment to WA after confirming it would cease production at its Kwinana refinery.
Paladin Energy recorded a net profit after tax of $61.4 million in the first six months to December 31 2023, up from a $4.8 million loss during the prior corresponding period.
Global Uranium and Enrichment has announced it will raise $6.15 million in order to fund drilling programs at its Maybell and Tallahassee uranium projects in the US.
Newmont Corporation has announced it will divest six of its non-core assets, including its Telfer goldmine in the Pilbara, with Andrew Forrest-backed Greatland Gold the likely buyer.
Vulcan Energy Resources is one step closer to securing $825 million from European Investment Bank, to finance the first phase of its zero carbon lithium project.
Sandfire Resources has recorded a loss after tax of $US53.9 million, equivalent to $82.1 million, with the $US1.9 billion acquisition of the Matsa mine cited as the primary reason.
Diversified Perth-based contractor Duratec says it is well positioned for further growth after reporting a 56 per cent net profit increase for the first half of the 2024 financial year.
BHP has pushed back plans to build a 1,152-person camp to house nickel workers as the miner mulls the viability of a $750 million upgrade of its Kalgoorlie nickel smelter.
Chris Ellison’s Mineral Resources is closing its cheque book to juniors in the lithium sector but is still keen on inking deals with gold miners for battery metals rights.
Revenue at goldminer Red 5 increased by 77 per cent in the first six months to December 31 2023 as the listed company moves closer towards its proposed merger with Silver Lake Resources.
Ora Banda Mining has accused Greenstone Resources and Ian Gandel’s Riverina of blocking the final sign off for the junior miner’s $26 million joint venture deal with Wesfarmers Chemicals.
Fortescue is set to pay out $3.32 billion in dividends after a substantial lift in its interim profit, with the biggest beneficiaries being Andrew and Nicola Forrest.
Buoyant gold prices have delivered record earnings for Super Pit owner Northern Star Resources despite mounting cost pressures bumping up the miner’s production costs.
IGO has recorded a 53 per cent plunge in profit in the first half of this financial year, while having to deal with its Cosmos nickel mine and Kwinana refinery joint venture.
Glencore appears set on keeping its WA nickel mine running despite the metal’s unprofitability forcing one of the miner’s other nickel operations into care and maintenance.
Rio Tinto’s iron ore business delivered a stronger profit last year but was an exception, with lower commodity prices and higher operating costs battering every other business unit.
Administrators have been appointed to privately owned battery metals play EVM Nickel, which holds nickel rights on a series of tenements near Meekatharra.
Global Uranium and Enrichment has finalised the sale of its 80 per cent stake in the Lake Johnston lithium project to NSW-based Intra Energy Corporation.
Iluka Resources has confirmed the cost of its Eneabba rare earths refinery will be near the top end of its guidance range, while also reporting a slide in annual profit.
