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Mining

BHP Billiton

BHP boosts dividend despite profit miss

AAP AAP
22 Aug 2017

BHP Billiton has joined its peers in sharply lifting dividends as stronger prices for iron ore, coal and petroleum helped the global miner post a solid return to profitability.

Imdex

Mining upswing lifts Imdex

Mark Beyer Mark Beyer
21 Aug 2017

The share price of Balcatta-based Imdex hit its highest level in four years today after the mining equipment and technology company reported a strong improvement in earnings.

Paladin Energy

Paladin to keep main asset

Mark Beyer Mark Beyer
21 Aug 2017

The restructuring of Paladin Energy has taken a surprise turn after Chinese group CNNC Overseas Uranium Holdings advised it would not exercise an option to buy the Langer Heinrich uranium mine.

Fortescue Metals Group

Fortescue raises payouts as profit soars

AAP AAP
21 Aug 2017

Fortescue Metals has flagged it will sustain higher payouts for shareholders after a rebound in iron prices and lower costs helped it more than double full-year profit.

Top End Minerals

Top End’s long road to Myanmar

Fraser Beattie Fraser Beattie
18 Aug 2017

Local exploration company Top End Minerals, with the backing of prominent prospector Mark Creasy, has received shareholder approval to raise funds for the purchase of a zinc project in Myanmar and repay its creditors, as it deals with a number of issues left unresolved by its previous board.

GR Engineering Services

Eastern, Wolf issues keep GR Engineering shares locked

Fraser Beattie Fraser Beattie
18 Aug 2017

GR Engineering Services has requested its shares be suspended from trading on the ASX while it assesses the impact of Eastern Goldfield’s now-retracted wind-up order, as well as a £7.5 million ($A12.2 million) bond claim notice lodged by Wolf Minerals.

Northern Minerals

Northern taps investors for more funds

Business News Business News
18 Aug 2017

Aspiring heavy rare earths miner Northern Minerals has raised $2.5 million from investors to fund ongoing development of its Browns Range project in the Kimberley.

Eastern Goldfields

Eastern wind-up cancelled after payment

Business News Business News
18 Aug 2017

The Supreme Court of Western Australia has reversed its decision to wind-up Eastern Goldfields after it was revealed the relevant debt of $383,000 was paid on the same day the winding-up application was lodged.

Sheffield Resources

Sheffield launches Aboriginal work program

Fraser Beattie Fraser Beattie
17 Aug 2017

Sheffield Resources has launched an indigenous employment program for its Thunderbird mineral sands project near Derby, as it deals with an appeal by a local Aboriginal group against recent project approvals.

NRW Holdings

Solid year for NRW

Business News Business News
17 Aug 2017

NRW Holdings has reported a profitable 2017 financial year, but has withheld a dividend payout following its acquisition of Golding Group.

Cauldron Energy

Forrest loses to Sage in court, wins in Yarri appeal

Fraser Beattie Fraser Beattie
17 Aug 2017

Andrew Forrest has successfully fended off a company that wanted to mine sand at his family’s pastoral property in the Pilbara, but has lost an appeal against a uranium explorer that plans to mine in the area.

Decmil Group

Decmil wins BHP contract

Fraser Beattie Fraser Beattie
17 Aug 2017

Decmil Group has been awarded a $13 million contract for work at BHP Billiton's South Flank iron ore project near Newman.

Mineral Resources

MinRes posts $201m profit

Business News Business News
16 Aug 2017

Diversified business Mineral Resources has delivered a turnaround result for the 2017 financial year, along with a higher dividend payout.

Mount Gibson Iron

Mt Gibson to pay dividend

Fraser Beattie Fraser Beattie
16 Aug 2017

Iron ore miner Mount Gibson Iron will pay its first dividend to shareholders since 2014, after reporting a $26.3 million net profit for the 2017 financial year.

Metals X

Metals X halts work at Nifty for repairs

Business News Business News
16 Aug 2017

Metals X has temporarily suspended underground mining at its Nifty copper operation to undertake repairs.

Iluka Resources

Write-down drags Iluka to $81m loss

AAP AAP
16 Aug 2017

Iluka Resources has widened its first-half loss to $81.5 million, from a $20.9 million loss in the prior corresponding period, dragged down by a $165 million hit in impairment and redundancy costs.

Eastern Goldfields

Court order to wind-up Eastern Goldfields

Fraser Beattie Fraser Beattie
16 Aug 2017

The Supreme Court of Western Australia has ordered the winding-up of Michael Fotios’ Eastern Goldfields and the appointment of liquidators, after an application by a local assay laboratory.

Troy Resources

Troy shareholder calls for board spill

Fraser Beattie Fraser Beattie
15 Aug 2017

A Singaporean group that holds about a 5 per cent stake in Troy Resources has called for a meeting to seek the replacement of the gold miner’s board members with its own nominees.

Tawana Resources

Primero wins $30m Tawana contract

Fraser Beattie Fraser Beattie
15 Aug 2017

Aspiring lithium miner Tawana Resources has confirmed the award of a $30 million engineering procurement and construction contract to Primero Group for its Bald Hill project in the Goldfields.

DM Civil

DM Civil, Karara at odds over $32m

Mark Beyer Mark Beyer
15 Aug 2017

A long-running dispute between Karara Mining and DM Civil over a contract originally worth $26 million has highlighted the extraordinary gulf that often arises between project developers and contractors when their relationship sours.

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