Mining

Arafura Resources is moving closer toward rare earth production, having secured funds to begin design and engineering works for its Nolans project in the Northern Territory.

It would not be easy to replace the economic benefits China has brought WA, but reliance brings risk.

De Grey Mining and Bellevue Gold have released drilling results that support the planned development of two major new goldmines in Western Australia.

The Reserve Bank appears to be sticking to its interest rate view for now, as new figures show a record trade surplus and continuing strong demand for workers.

Perth-based nickel miner Minara Resources is pushing ahead with plans to assess the development potential of its Irwin Hills Project in the north-eastern Goldfields.

Two reports this week have highlighted concerns that commodity prices have peaked, with UBS saying iron ore is approaching an inflection point and set to fall sharply.

ASX-listed Macmahon Holdings has been confirmed as the mining contractor for Red 5’s King of the Hills gold project near Leonora.

Engineering and construction company Monadelphous has won a number of new contracts including work on major iron ore projects Gudai-Darri and Iron Bridge.

Local business Coda Minerals is raising $14.4 million to accelerate an exploration program at the company’s majority owned Elizabeth Creek copper project in South Australia.

China’s not the only game in town, as recent moves in the resources sector demonstrate.

Sandfire Resources recently exported $65 million worth of copper concentrate to India, marking the DeGrussa operator’s biggest shipment to date.

The owner of a major magnetite operation in the Mid West has dropped MACA as its mining contractor, with NRW Holdings set to take over the work next year.

Gold explorer OreCorp has secured funds from a share placement to progress the development of its Nyanzaga project while it considers the demerger of its WA assets.

WA’s Native Title Alliance has called on the state government to halt the progression of its Aboriginal Cultural Heritage Bill, arguing that traditional owners should be better consulted.

A Chinese exploration company has made a bid for West Perth-based Myanmar Metals, which is planning for an operational restart at the Bawdwin silver and lead project.

The EPA will review the impact of Mineral Resources’ plan to build an 88-kilometre private haulage road to facilitate the development of Parker Range.

Gascoyne Resources is set to extend the life of its Dalgaranga operations near Mt Magnet through an all-scrip purchase of Firefly Resources, whose assets include a nearby gold project.

Resources giant Rio Tinto is set to trial the use of hydrogen to replace natural gas in a bid to cut emissions from an alumina plant in Queensland.

Fortescue Metals Group has confirmed its plans to develop a suite of multi-billion-dollar green energy projects in the Democratic Republic of Congo.

Mark Caruso has launched legal action against former employer Mineral Commodities for allegedly refusing to surrender confidential information he claims it downloaded from a hard drive without permission.

Azure Minerals has confirmed plans to sell its Mexican projects, as the company further focuses on advancing its Andover nickel-copper asset near Karratha.

A Canadian miner planning a big project in South Korea is aiming to list on the ASX after signing up stockbroker Andrew Frazer as a director and underwriter.

Silver Lake Resources has suspended operations at its Daisy complex near Kalgoorlie-Boulder after an employee working for contractor Macmahon Holdings passed away this morning.

Bryah Resources has secured funds from a heavily oversubscribed share placement to continue its search for copper and gold in WA's Murchison region.

Sandfire Resources has appointed Perenti's surface mining contractor to the $364 million Motheo copper-silver project in Botswana.

Mining giant BHP has reaffirmed its commitment to eradicating harassment and improving workplace culture while a man was reportedly charged today over an alleged sexual assault at the South Flank project.

Odyssey Gold has completed a $10 million share placement to fund continued exploration in Western Australia’s Murchison region.

Perth-based MICROMINE is set to complete its first acquisition in almost two decades, with the purchase of fellow software company Precision Mining.

Listed company Delta Drone International has been reappointed as South32’s aerial data services provider in South Africa under a $2.7 million contract extension.

Strong revenue is masking rising costs in WA, and the associated inflationary pressure.

Osborne Park-based Decmil Group has cited delays in the awarding of contracts and project starts in lowering its full-year revenue guidance, but predicts a stronger result in fiscal 2022.

Ben Wyatt has quickly become one of Western Australia’s busiest and most senior board directors, with global mining giant Rio Tinto appointing him as a non-executive director.