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Mining

Collective $37m in WA capital raisings

Six listed resources companies operating in commodities as diverse as gold, lithium and iron ore have announced a collective $36.9m in capital raisings today.

BHP closure creates Newman opportunity

Pilbara accommodation businesses run by one-time trucking boss Craig Mitchell and the Collinson family are set to be the winners from BHP Billiton's surprise decision to close Kurra Village in Newman, which at its peak houses up to 1,600 fly-in, fly-out  workers

Bushnell takes reins at Brierty

Peter McBain has stepped down as chief executive of mining and civil contractor Brierty after a series of financial and operational setbacks, and will be replaced by the company's chief operating officer.

Regis up on quarterly

Gold production and cash costs have both outperformed financial year guidance for Regis Resources, with shares in the company enjoying solid gains today.

Samsung ahead in contract dispute

Laing O'Rourke had a pyrrhic victory in the Court of Appeal today, when it managed to overturn a previous adverse ruling but it appears the construction contractor still won't be getting the $45 million it was awarded by an adjudicator in 2015.

Paladin to raise $275m from project sales

Debt-laden uranium miner Paladin Energy has struck agreements to sell an interest in two of its projects, with total proceeds expected to be $US205 million ($A275 million).

South32 meets FY output guidance

South 32 says it's met its annual production guidance for most of its commodities despite cutting production during the year, and is on course to achieve its FY17 unit cost guidance.

Mt Gibson hits full-year sales guidance

A rebound in iron ore prices has helped Mount Gibson Iron hit its full-year sales guidance, with the junior iron ore miner reporting ore sales volume of 5 million tonnes.

Northern Star ups cash flow

Below-guidance costs at Northern Star Resources have helped the gold miner increase free cash flow by 21 per cent, according to its quarterly activities report released today.

Junior miners raise $30m

Local junior miners Prospect Resources, Azumah Resources and Sipa Resources, and Melbourne-based Red River Resources, have today announced a collective $29.8 million worth of capital raisings. 

Monadelphous in $140m of new contracts

A fuel supply system at Rio Tinto's Cape Lambert port and work on a loading jetty at Ichthys's Darwin LNG facilities are among $140 million of contracts recently won by Monadelphous.

BHP falls just short of iron ore guidance

BHP Billiton has fallen slightly short of its revised iron ore production target for the 2016 financial year as it struggles to make up for the suspension of operations at its Samarco joint venture in Brazil and the impact of bad weather in Western Australia.

Tech firm to buy mining project

Listed companies IM Medical and Rox Resources have struck a $15 million project deal that highlights the shift in market interest from technology stocks to the mining sector.

Resource Mining, Intermin in gold project

Contractor Resource Mining has inked an agreement to co-fund Intermin Resources' Teal gold project to production, with the mine to cost an estimated $4.5 million.

No risk assessment before WA Rio fatality

A task-based risk assessment was not performed before a drill fitter was fatally crushed while working on a rig at Rio Tinto's Channar mine in the Pilbara.

Altona steps closer on Cloncurry

West Perth resources hopeful Altona Mining has received amended environmental authority for its Cloncurry copper project in Queensland, incorporating a new deposit and other changes into the mine plan.

Emerald, Renaissance to merge

Two local gold hopefuls with interests in a Cambodian project have announced a merger, with Emerald Resources to buy Renaissance Minerals in a deal valued at about $40 million.

Rio Tinto FY iron ore guidance unchanged

Rio Tinto has maintained its 2016 guidance for iron ore shipments at 350 million tonnes after lifting June quarter volumes by 6 per cent from a year ago, helped by expanded infrastructure and unwinding of stocks in Western Australia.

Lithium, gold stocks lift deal flow

SPECIAL REPORT: Lithium stocks led by Pilbara Minerals and Galaxy Resources have seized the opportunities presented by the commodity's surge.

Preliminary approval for Mid West mine

Mt Gibson Iron has received preliminary Environmental Protection Authority approval for development of its Iron Hill deposits northeast of Dalwallinu, although there is still some process to go before work can begin.

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