West Perth-based Sphere Investments Ltd has joined fellow iron ore developer Cape Lambert Iron Ore Ltd in hitting a potential funding crisis, after disclosing that one of its partners was reviewing its planned participation in a $415 million funding deal.
Subiaco-based Aurox Resources Ltd has revised a long-term sales agreement with China-based RockCheck Steel Group Co Ltd, signing on to sell up to 10 million tonnes of iron ore to the company by 2014.
Guilford-based Swick Mining Services Ltd has announced a share placement to raise $28 million to expand its underground diamond drilling division, in conjunction with a partial sell-down by the Swick family of $40 million worth of shares.
Belmont-based gold and base metals explorer Great Australian Resources Ltd has completed an agreement with Perth-based metals explorer View Resources Ltd for the latter's purchase of a tenement within the Corboys gold project area.
Perth-based metals explorer View Resources Ltd plans to raise $10 million through a rights issue, the company announced today, as well as securing a new debt facility under plans to move its Bronzewing gold project into positive cash flows by December.
South Perth-based mining explorer Extract Resources Ltd and Burswood-based Tectonic Resources NL have agreed to sell their interests in the Burnakura gold project joint venture to Canadian company ATW Venture Corp, the companies have announced.
Nedlands-based Hawk Resources Ltd will acquire 80 per cent of the Callie Soak tungsten prospect, currently owned by Richmond Resources Pty Ltd, for $60,000 in cash and scrip, the company has announced.
West Perth-based explorer Silver Swan Group Ltd has earned a 51 per cent stake in the Cocata copper-gold project after meeting the exploration expenditure committments set out under its joint venture with Sydney-based Intermet Resources Ltd.
West Perth-based Monitor Energy Ltd has raised $500,000 in a placement to advance exploration of the company's oil and uranium projects in the Kyrgyz Republic and to supplement working capital, the company has announced.
West Perth-based uranium explorer U308 Ltd has signed a joint venture agreement with Canada-based uranium producer Cameco for a joint venture project over eight tenements in the Ashburton region of Western Australia.
Perth-based CityView Corporation Ltd has acquired the right to purchase 100 per cent of Petro Energy Africa Ltd, a move that would give it operational control of the North Matanda oil project in Cameroon.
Monarch Gold Mining Company is fast tracking the development of its high grade Kalgoorlie gold projects and ramping up production at its Davyhurst mill over the next four months, the company announced today.
OSBORNE Park-based Immersive Technologies, which manufactures advanced simulator training systems for the mining industry, has signed an exclusive licensing agreement with Japanese company, Hitachi
Mineral Resources Ltd non-executive director Michael Kiernan has decreased his direct interest in the company through the on-market sale of 516,666 shares realising just under $2 million.
One year after helping to float the family company, Swick Mining Services Ltd (SMS), on the Australian Securities Exchange, Randal Swick is planning to establish a new drilling business in Brazil.
THE Clive Brown-chaired Phosphate Resources Ltd has taken court action against the federal government as it seeks to overturn a ban on the expansion of phosphate mining on Christmas Island.
China is Western Australia’s most important export partner, generating $13.8 billion for the state’s economy in 2006-07 and overtaking Japan as WA’s biggest export market, according to figures from the Department of Industry and Resources.
An open door for further negotiations between local governments and the Federal Department of Transport and Roads on the cost of new security measures has pleased the WA Local Government Association.
Perth-based gold explorer CGA Mining Ltd will issue shares worth around $67.4 million through a placement of shares and units to fund the construction of its Masbate gold mine in the Philippines, the company has announced.
CVRD-Inco has completed the second stage of evaluation of the Kalgoorlie Nickel Project, managed in a joint venture with Heron Resources Ltd, the West Perth-based company has announced.
Perth-based minerals explorer Northern Star Resources Ltd will pay $100,000 and issue shares and options to Fraka Investments Pty Ltd, resolving the company's competing claim for mineral rights over the Wilson River Project in the East Kimberley.
Welshpool-based mining and earthmoving contractor NRW Holdings Ltd, which recently completed a $303 million initial public offering, has debuted strongly on the Australian Securities Exchange, closing up 20.5 per cent at $2.41.
Perth-based iron ore hopeful Sundance Resources Ltd has raised $10 million through a placement to AMCI Holdings Pty Ltd and associated resources fund Triangle Resources Fund.
The state government has questioned the validity of a 34-year old state agreement that Midwest Corporation Ltd and Yilgarn Infrastructure Ltd are relying on for a $2 billion railway and port project in the Mid West region.
Minerals testing business Genalysis Laboratory Services Pty Ltd has joined the large number of private Western Australian businesses to have been sold for a premium price after achieving rapid growth during the current resources boom.
West Perth-based iron ore explorer Territory Iron Ltd chairman Michael Kiernan will commence work at the company in an executive capacity after managing director Doug Stewart advised he would retire from the company in late July.
Plans by listed mining company CI Resources Ltd to revive its fortunes by appointing new directors, including former state development minister Clive Brown, have suffered a major setback after the federal government rejected plans for new mining leases on
Westonia Mines Ltd has blamed the rising Australian dollar for its inability to finalise a $65 million-plus loan for its namesake gold project, but insisted the project still has a future.
Perth-based engineering and development company GRD Ltd gold spinoff OceanaGold Ltd has successfully completed its merger with NSW-based Climax Mining Ltd.
A National Scorecard of Mining Project Approval Processes shows wide variations in the design and administration of mining project approval processes across Australia which are a fundamental capacity constraint on the minerals industry's growth and develo
With the opening of a new office in Kuala Lumpur, Subiaco-based DownUnder GeoSolutions is well placed to win more work in the Malaysian and South-East Asian markets.
Emerging Western Australian iron ore producer Territory Iron Ltd has signed an agreement with a Chinese steel mill for most of the Frances Creek 2007 iron ore production.
