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Mining

Solid six months for Fleetwood

Perth-based Fleetwood Corporation has posted solid results for the half year, with revenue higher and profit surging, but no dividends declared.

Mod up on drilling results

Shares in copper explorer MOD Resources closed higher on promising drill results at the company's T3 copper operation in Botswana.

Gascoyne raises $55m for gold project

Perth-based explorer Gascoyne Resources has confirmed a $55 million capital raising to fund development of its Dalgaranga gold project in the Murchison region.

GBM Resources in Canadian merger

Mount Pleasant-based GBM Resources has struck a friendly merger agreement with listed Canadian company WCB Resources, bringing together gold projects in Australia and Papua New Guinea.

New mine approved for Atlas Iron

Resurgent iron ore miner Atlas Iron will begin production at its Corunna Downs project in the Pilbara in March next year, after giving the green light for its development today.

Contractor confident after solid half year

Civil and mining contractor NRW Holdings says it is well placed for more earnings growth and it is seeking new partnership and acquisition opportunities, after lodging a solid net profit for the fi

Mineral Resources books strong half-year result

Mineral Resources has flagged a full-year earnings upgrade of 25 per cent for the 2017 financial year, after achieving a 191 per cent lift in net profit.

WHL completes $5m RTO raising

WHL Energy has cleared the way to reinvent itself as a technology business after raising $5 million from investors ahead of its reverse takeover of Perth-based Quantify Technology.

Southern Cross mine sold for $330m

Chinese conglomerate Shandong Tyan Home has acquired its second gold mine in Western Australia, reaching an agreement to buy the Southern Cross Gold operation in the Yilgarn for $330 million.

South32 buoyed by cost cuts, higher prices

Diversified miner South32 has posted a sharp jump in half-year underlying earnings, thanks to ongoing cost reductions and stronger coal and manganese prices.

Pilbara project hit by $US1bn impairment

Iron ore miner Citic Pacific will cop a write down of up to $US1 billion on its Sino Iron magnetite operation in the Pilbara, less than a year after the facility completed commissioning.

Mining tech boss backs Greens

Perth mining industry software entrepreneur Norman Pater has put his money where his mouth is, with his private company, Pater Investments, supporting the Greens WA to the tune of $99,500.

NRW wins $40m job at gold mine

Perth-based NRW Holdings has won a $40 million contract to provide its services to Macmahon Holdings, which is operating at Newcrest Mining's Telfer gold mine in the Pilbara.

Saracen to buy Bundarra project

Saracen Mineral Holdings has entered into an agreement to purchase the Bundarra gold project from Bligh Resources in an all-scrip deal worth $8.5 million.

Guma ICRG wins more FMG work

Indigenous contractor Guma ICRG has won two contract extensions for work on Fortescue Metals Group's rail line and roads infrastructure in the Pilbara for an undisclosed sum.

NRW lined up for lithium work

NRW Holdings is set to receive a $110 million contract if Altura Mining moves ahead with plans to develop its Pilgangoora lithium project.

Westgold touts $80m project sale

Metals X spin-off Westgold Resources has entered into a toll processing agreement with Canadian company RNC Minerals that comes with an option to sell its South Kalgoorlie operations for $80 million in cash and shares.

Kin chairman resigns as board restructures

Perth-based gold explorer KIN Mining has announced a board restructure that includes a change in chair and managing director roles, as it works towards development of its Leonora project.

Macmahon in deal with Indonesian miner

Macmahon Holdings has been chosen by an Indonesia-based company to asses options to expand a copper-gold mine, and has been named preferred contractor under a three-year term if plans to expand go ahead.

Newcrest doubles profit

Newcrest Mining will pay its first interim dividend in four years after more than doubling first-half profit on the back of higher prices and increased gold and copper production.

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