Shares in aspiring Mid-West iron ore miner Venus Metals Corporation surged over 11 per cent today after it confirmed a better than expected magnetite resource at its Yalgoo iron ore project, east of Geraldton.
Perth-based gold miner Navigator Resources has moved closer to cashing in on rampant investor appetite for rare earths exposure, finalising plans to spin-off its rich Cummins Range project in the Kimberley early next year.
WESTERN Australia's rare earths and lithium potential have become major selling points to overseas investors for state and federal representatives touting the nation's resources opportunities on the international conferences circuit.
AUSTRALIA'S leading geothermal energy developer, Brisbane-based Geodynamics, has taken on the hue of a mini-Woodside Petroleum following its recruitment of respected corporate adviser Geoff Ward as managing director.
A major restructure of Pilbara fertiliser producer Burrup Holdings is believed to be under discussion in a bid to resolve the ongoing battle between its estranged owners, Indian businessman Pankaj Oswal and Norwegian giant Yara International.
THE Western Australian government has stepped up its campaign to derail a proposed Canberra-controlled safety regulator for the entire offshore petroleum industry, which it fears will gut its influence over a core industry.