Mining

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.

Australian-based gold producer St Barbara (SBM) has acquired a 70 per cent interest in Perth-based resources company Australian Potash’s Lake Wells Gold Project east of Laverton.

Gold sector listings are pumping millions of dollars into WA’s mining industry.

High-quality copper prospects are becoming harder to find, but juniors are poised for the challenge.

The Perth Mint achieved the highest calendar quarter gold sales on record, while gold and silver prices continued to weaken across March.

The state’s environmental regulator has ordered mining giant BHP to file a site management by the end of the month following the detection of chemicals in the soil and groundwater of its Newman iron ore mine.

Panoramic Resources has decided to reopen its Savannah nickel operation, after completing a 12-month review to de-risk and improve the project.

The value of production and number of jobs in Western Australia’s resources sector has reached new levels.

Perth company Global Lithium Resources is expected to close its $10 million initial public offering after just four days, signalling keen investor interest in its Pilbara project.

Rox Resources is planning to demerge two nickel assets into a new listed entity to focus on the development of its flagship Youanmi gold project near Mt Magnet.

Kalium Lakes has begun commissioning its Beyondie potash plant in the Pilbara, with first production and sales expected in September.

Despite a return to the resources sector, Kerry Harmanis remains passionate about mindfulness.

Mincor Resources' Cassini nickel mine was officially opened today ahead of the planned start of production, with the main decline named after the late Roy Woodall.

Perth-based Macmahon Holdings has been named preferred mining contractor for Anglo American's Dawson coal operations in Queensland.

BCI Minerals has awarded two separate contracts to progress the development of its Mardie salt and potash project on the Pilbara coast.

GR Engineering Services has confirmed it will complete the design and construction of a gold processing plant for Calidus Resources under a $75.5 million contract.

Perth-based exploration company Australian Vanadium is progressing its $522 million vanadium mine plan, referring the proposal to the EPA.

Strandline Resources will ramp-up construction of its $260 million Coburn mineral sands project in WA using funds raised from a share placement and rights issue.

Perth-based NRW Holdings has secured further work in Queensland under civil construction and mining contracts totalling $170 million.

Cranecorp and Tutt Bryant are forming a joint venture to provide clients access to a larger supply of cranes, heavy and lifting and transportation equipment.

Australian Strategic Materials has secured $65 million from investors while announcing plans to raise a further $41 million to build a rare earths processing facility in South Korea.

Mincor Resources has secured $55 million in funding from two banks to progress the restart of its Kambalda nickel operations, expected early next year.

Mining contractor MACA has bolstered its order book to $3.4 billion with two separate contracts, for work on iron ore and gold operations in WA.

With resources royalties high and the economy booming, WA’s business and political leaders have an opportunity to learn from past mistakes.

Mineral Commodities Ltd has sacked its chief executive and major shareholder Mark Caruso over a related party matter, five months after he stepped down as executive chairman.

The voices of those opposed to the use of metallurgical coal may be getting louder, but South32 chief executive Graham Kerr is still comfortable talking about the need for coal.

Boss Energy has become the third Perth-based uranium company to undertake a major capital raising this year, tapping into improving sentiment for the commodity.

Kelly Carter has been made chair of the Gold Industry Group, replacing Richard Hayes.