Iron ore junior Fenix Resources has reported $25 million in net operating cashflows for the September quarter despite a testing period for the commodity.
Explorers Kin Mining and Alchemy Resources are set to raise $13 million and $3.1 million respectively in a bid to push ahead with ongoing exploration and drilling activities.
Besra Gold has returned to the ASX after a restructuring, while E79 Gold Mines has started trading and Medallion Metals has spun out its nickel assets.
The federal court has ordered Griffin Coal to hand over more than $5 million in damages to its former contractor Carna Group, following a bitter six-year contractual dispute.
Westgold Resources is preparing to lodge its takeover bid for fellow goldminer Gascoyne Resources, following “positive engagement” with the target’s shareholders.
Listed contractor Lycopodium has secured work on Talison Lithium’s Greenbushes project in WA, while Clough has been appointed to TNG’s Mount Peake project in the Northern Territory.
Australia’s largest new iron ore mine in over 50 years has been officially opened after BHP completed its South Flank project on time and within budget.
Osborne Park-based Kin Mining has rejected a takeover offer from goldminer and major shareholder St Barbara, while announcing a $13 million capital raising.
BHP and Mineral Resources have become the latest big employers to make COVID vaccinations a condition of entry at all of their Australian workplaces, joining mining giant Rio Tinto.
About one third of West Australian workers will need to be vaccinated to comply with government directives and the number is set to grow as private businesses follow suit.
Rio Tinto has lodged plans to build a $70 million accommodation camp in Paraburdoo, as it awaits final mining approvals to develop its iron ore deposits in Western Range.
Fortescue Metals Group is targeting net zero scope 3 emissions by 2040, which covers its entire value chain, including its customers’ crude steel manufacturing.
Don Hyma has been appointed managing director of Australian Rare Earths, following his resignation as director projects at Fortescue Metals Group earlier this year.
COVID-19 vaccinations will soon become mandatory for those working in the state’s resources sector, with all workers required to get their first jab by December 1.
West Perth-based mining services company Aerison has secured a suite of new contracts totalling $140 million, underpinning a 15 per cent increase in revenue for next financial year.
De Grey Mining has released a positive scoping study for its Mallina gold mine in the Pilbara, which will cost nearly $900 million and be one of the largest in Australia.
Shares in FYI Resources have fallen sharply for the second day running after the Perth company announced details of a $US250 million joint venture with Alcoa of Australia.
Rio Tinto is planning to purchase some of its iron ore rail cars from local suppliers, in what would be a small but notable boost for WA manufacturing.
Strandline Resources has signed a seven-year agreement with Welshpool-based contractor Mine Site Construction Services to progress its $338 million Coburn mineral sands project.
Mount Gibson Iron is suspending operations at its Shine site due to falling iron ore prices and high shipping costs, making it the fourth miner to close in recent weeks.
