Mining

Wiluna Mining is on track to collect $63.4 million in much-needed capital from shareholders for its namesake gold project, around $20 million less than it had sought to raise.

The largest coal mine in New South Wales will close by the turn of the decade after BHP was unable to strike a viable deal for the asset.

Rio Tinto has delivered first ore from its Gudai-Darri iron ore mine in the Pilbara, though costs for the new project have run almost $US500 million over initial estimates.

Alumina producer South32, which is a major buyer of Collie coal, said the state government's planned coal exit was consistent with its own plans.

Fortescue Metals Group is aiming to have its first zero-emission haul trucks fully operational by 2025 after signing a major deal with German manufacturer Liebherr.

An ongoing dispute between Metalicity and Tom Percy-led Nex Metals Explorations has escalated to the Supreme Court.

The explosive allegations levelled against MinRes and boss Chris Ellison at the hands of a former contracts manager will remain shrouded in secrecy.

Lynas Rare Earths has firmed up a contract with the US Department of Defence to build a $US120 million heavy rare earths separation facility in Texas.

Chris Ellison is forging ahead with a bid to have a lawsuit mounted against him by a sacked contracts manager thrown out, insisting the claim be “cleansed” or remain shielded from public view.

Metso Outotec has lodged a proposal to build a $14.9 million mining machinery workshop on a 3.5-hectare vacant lot in the Gap Ridge Industrial Estate, Karratha.

Kara Ged, founded by two entrepreneurial Perth businesswomen, is lifting indigenous and female engagement in mining and construction via modular homes and drone technology.

The state government is working to get what industry has described as a “substantial backlog” of mining and exploration applications back on track.

The state’s environmental assessment body has approved Rio Tinto’s Greater Paraburdoo Iron Ore Hub proposal nearly four years after the mining giant lodged its plans.

Perth company Australian Strategic Materials is pursuing a novel contracting approach for its rare earths project, signing an engineering, procurement and construction definition (EPCD) contract.

Fundraising activity among explorers has fallen from the lofty highs of 2021, but BDO’s global head of natural resources Sherif Andrawes says it’s too early to call time on the sector’s streak.

Locally established drilling contractor Eftech International has been acquired by a Netherlands oil and gas services business looking to secure a foothold in Australia.

IGO said today its scheme of arrangement, to acquire 100 per cent of Western Areas, was legally effective, with the deal scheduled to complete later this month.

Raleigh Finlayson-led Genesis Minerals has addressed media speculation regarding potential merger and acquisition activity with fellow ASX-listed gold play St Barbara.

Shares in Perth mining services business Perenti rose after announcing an on-market share buyback and one of the largest contracts in its history.

A subsidiary of Mineral Resources has put forward a proposal to the state’s environmental watchdog for its planned Lamb Creek iron ore project in WA’s East Pilbara.

Meteoric Resources managing director Andrew Tunks will step down as managing director after overseeing the $30 million deal.

Mining entrepreneur and avid classic car collector Peter Briggs has passed away at the age of 83.

BHP has pushed the button on a $50 million project to automate iron ore shiploading at its export operations at Port Hedland, lauding the move as a world-first.

Major lithium producer Pilbara Minerals has selected its 40-year old chief operating officer Dale Henderson to be the next leader of the company.

A correction in the lithium market turned into a rout today, with Pilbara Minerals and Liontown Resources leading the fall after two bearish research reports.

Mineral Resources has rubbished a lawsuit against the miner, boss Chris Ellison and its high-profile lawyers by a former employee who was sacked earlier this year.

An in-depth study profiling indigenous employment practices in Australia has thrown down a challenge.

Indigenous businesses in WA generated more than $1 billion in revenue last year and the total is set to rise.

AVZ Minerals has extended the suspension of its shares after pushing out the target completion date for a company-defining deal for its lithium project in Africa.

Wet weather and difficulty accessing workers curbed exploration spending in Western Australia by 13 per cent in early 2022, albeit from record investment in prior quarters.

Perth Airport-based Metalicity has stepped up its pursuit of Tom Percy-led Nex Metals over outstanding payments it claims it’s owed as part of a takeover bid.

Mineral Resources is suing a former procurement manager over allegations he collected secret commissions and misused the mining giant’s confidential information.