Mining

Mining executive Shankar Madan is suing billionaire Clive Palmer and his company Mineralogy for about $10 million in royalties, after allegedly helping it acquire the Sino Iron tenements 35 years ago.

Treasurer Josh Frydenberg is confident iron ore exports won’t be dented by Australia’s diplomatic battle with China, while spotlighting technology and skilled migration for economic recovery.

AngloGold Ashanti has made way for the $903 million sale of joint venture partner IGO's stake in the Tropicana goldmine, east of Kalgoorlie.

With the big iron ore miners continuing to make record profits, is the WA community getting a fair return?

Lithium miner Pilbara Minerals has achieved record quarterly production from its Pilgangoora operations in WA while signalling an uptick in demand for spodumene concentrate.

Antipa Minerals has secured $22 million from a share placement, which will be used to fund ongoing exploration across the company’s gold and copper tenements in WA.

The state government has opted not to prosecute a mining company alleged to have destroyed a sacred Aboriginal heritage site in the Kimberley.

Santos and Pilbara mining giant Rio Tinto have entered a new gas supply agreement, which will take effect later this year.

Northern Star Resources is on track to meet its full-year targets after posting a jump in quarterly gold sales, underpinned by its recent $5.8 billion acquisition of Saracen Mineral Holdings.

BHP has reported a dip in first-quarter output across its iron ore operations but says it's still on track for a strong year.

GWR Group has revealed plans to demerge its Wiluna West gold project into a new listed entity, following a major resource upgrade.

Rio Tinto has reported a slump in quarterly iron ore production and disclosed issues with plant reliability and labour availability but still maintained full-year guidance.

Australian Potash has secured further funding required for the development of its Lake Wells project in WA while asserting the quality of its K-Brite fertiliser product.

Nickel miner Western Areas has posted a 20 per cent rise in quarterly production, as the company looks to bolster its WA operations with the development of its Odysseus project.

Tianqi Lithium has lodged $39 million with the state’s courts after a stay on payments to contractor MSP Engineering was granted, as Tianqi awaits an appeal over a March ruling.

Shares in explorers Rumble Resources and Zenith Minerals have risen sharply after the joint venture announced a major discovery at the Earaheedy zinc-lead project in WA.

Perth-based lithium miner Galaxy Resources has struck a merger deal with Orocobre, with the combined group to focus on projects in Argentina.

Vimy Resources has become the fourth Perth-based uranium company to undertake a major capital raising this year.

Shares in Talisman Mining closed up more than 30 per cent after the company announced its first royalty payment over Mineral Resources’ new iron ore mine in the Pilbara.

The state-wide truck driver shortage has officially reached the mining industry, with Mineral Resources announcing this morning that iron ore was sitting idle amid 'haulage constraints'.

Perth-based Prospect Resources is using $6.5 million raised from a share placement to buy a further stake in its flagship lithium project in Zimbabwe.

Rio Tinto has settled out of court with Perth-based engineering group Monadelphous over a fire at a Western Australian iron ore site in 2019.

Construction company Pindan Contracting is suing one of its subcontractors for allegedly failing to complete work as part of a $90 million contract it held with Rio Tinto.

Uranium business 92 Energy has closed up 40 per cent on its first day of trading, after raising $7 million under its IPO.

Perth-based Lycopodium has been contracted by Newmont Corporation for work on the goldminer’s Ahafo North project in Ghana.

Shares in Galaxy Resources closed up by more than 8 per cent on Wednesday when the company released an updated development plan for its Sal de Vida lithium project in Argentina.

The Ghanaian government has restored a gold lease to Resolute Mining weeks after it was terminated, although it has forbid the mine’s sale to a Chinese buyer.

Western Australian exploration and mining company Iceni Gold has made a promising start to its first day of trading, with shares almost 50 per cent higher than the issue price.

Tanzanian-focused Walkabout Resources has secured $US20 million in debt funding to complete the construction of its flagship graphite asset.

IGO has agreed to sell its 30 per cent stake in the Tropicana goldmine to Regis Resources, which is paying $903 million in cash for the WA asset.

Perth-based mining contractor Perenti has secured further work through its African subsidiary under a two-year contract with AngloGold Ashanti.

The sale of IGO’s 30 per cent stake in the Tropicana gold mine appears close to being completed, with Regis Resources tipped as the successful bidder after Gold Road Resources said its offer had not been accepted.