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Mining

Mining innovation hub for Kalgoorlie

A cooperative research centre focused on minerals extraction has teamed up with mining industry groups and training providers to announce plans for an innovation hub based in Kalgoorlie.

Rio Tinto to spend $2m on Tafe program

Mining giant Rio Tinto has committed $2 million towards the development of a new curriculum in partnership with Tafe WA, which will focus on jobs around automation and future advancements in technology for the mining industry.

Local share volatility follows Barrick's Tanzania plan

Global miner Barrick Gold has announced a deal with the Tanzanian government that involves a 50:50 sharing of benefits from its operations in the country, prompting sharp price movements in local stocks exposed to the region.

Tawana in $25m funding deal

Lithium explorer Tawana Resources has attracted a $25 million funding package with one of its offtake partners, as it works towards first production at its Bald Hill project in the Goldfields by early next year.

NRW wins new work worth $57m

NRW Holdings has announced it has recently won $57 million worth of contracts through its Action Drill & Blast subsidiary, for work on five coal mines on the east coast.

BHP chair cautions activist shareholders

New BHP Billiton chairman Ken MacKenzie has backed his chief executive's performance and cautioned activist shareholders that the board will ultimately determine the company's direction.

Northern Star looks beyond 600,000oz target

Gold miner Northern Star Resources has posted a comfortable quarterly result, with funds committed to expand production beyond its 2018 output target of 600,000 ounces per annum.

Sheffield to demerge assets

Sheffield Resources has announced plans to spin-out its gold and base metals assets into a separate entity and list it on the ASX, as it progresses development of its flagship Thunderbird mineral sands project.

South32 warns on costs but keeps guidance

South32 shares have dipped after the diversified miner warned it may be facing cost pressures from rising raw material input costs and a weaker US dollar.

NRW preferred for $300m Gascoyne contract

Aspiring gold miner Gascoyne Resources has tapped NRW Holdings for a $300 million mining services contract at its Dalgaranga project in Western Australia, while NRW's managing director has received a boost to his salary.

Battery lowers project costs

David Flanagan-led graphite explorer Battery Minerals has slashed the development cost of its Montepuez project in Mozambique by two-thirds, as the company restructures its plans for the operation.

Sheffield appoints GR, sources funds for Thunderbird

Sheffield Resources has mandated finance group Taurus to arrange a $US200 million ($A255 million) debt facility for development of its Thunderbird mineral sands project, and also named GR Engineering Services as its preferred contractor.

BHP iron ore, petroleum output dips

BHP Billiton has reaffirmed its full-year production guidance for all its commodities despite posting softer quarterly production for iron ore and copper.

Rio Tinto, former execs charged by US SEC

Mining giant Rio Tinto and two top former executives have been charged with fraud by US market regulators for allegedly inflating the value of an African coal business that cost the company a $2.9 billion write-down.

Newcrest to upgrade Telfer

Newcrest Mining will spend $93 million this quarter to expand its Telfer gold mine in Western Australia, after the state government was last week forced to abandon its planned gold royalty increase.

Bryah begins trading after $5m IPO

Copper-gold explorer Bryah Resources has wrapped up its first day of trading on the ASX, after completing a $5 million initial public offering.

Rio lifts iron ore shipments

Rio Tinto says it lifted third quarter iron ore shipments from its Pilbara operations by slightly more than expected on the back of an improvement in rail capacity and performance.

Exports grow as Chevron, Roy Hill ramp-up

SPECIAL REPORT: Roy Hill Holdings and Chevon have joined the likes of Rio Tinto, BHP, Woodside and CBH Group in an updated ranking of WA’s largest exporters in the BNiQ Search Engine.

Lithium projects progress ahead of $4bn sales surge

SPECIAL REPORT: Ten lithium projects under construction or in advanced planning to bring new lithium supply onto the market will dramatically boost exports of the commodity in coming years.

Foreign capital boosts growth

SPECIAL REPORT: Mitsui & Company, Shell and Itochu Corporation are among a swag of businesses that have made substantial investments in the state’s exporting industries over the decades, showing that foreign investors can contribute without directly operating assets.

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