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Mining

More jobs go at South32

Mining group South32 has made about 270 roles redundant across its Australian and South African offices, on top of more than 1,000 job cuts earlier this year.

$350m salt project unveiled

German company K+S Group is planning to evaluate development of a $350 million salt project south-west of Onslow, six years after another salt project in the area was scrapped after facing widespread opposition.

Programmed posts $98m loss, but revenue up

Programmed Maintenance Services has returned an annual net loss as a result of lower demand for marine services following the steep drop in oil and gas prices.

Rio’s Lilleyman to retire

Rio Tinto executive Greg Lilleyman is leaving the company after 25 years, and will be replaced as group executive technology and innovation by the miner's current head of exploration.

Nuts and bolts of mining innovation

With a strong focus on cutting costs in mining, many WA small businesses are developing ways to dig up resources smarter and cheaper.

Juniors rattle tin for funds

Junior miners Azure Minerals, Cazaly Resources, Antipa Minerals and First Graphite have raised a combined $25.1 million to fund ongoing work at their respective projects.

Ausdrill sells drilling tools business

Mining services business Ausdrill has sold one of its subsidiaries to a Finnish manufacturer for $66 million.

Echo raises funds for gold project

Local gold explorer Echo Resources has received firm commitments for a $3.23 million capital raising to fund ongoing work at its Julius project in the Goldfields.

Ausgroup breaches debt covenants

Loss-making engineering services company Ausgroup has breached a key financial covenant after its total equity fell below $160 million.

BC Iron boss to step down

BC Iron managing director Morgan Ball is stepping down from the junior iron ore company, to be replaced by one of Kerry Stokes top executives.

New golden crop for Wheatbelt

The return of gold mining as Western Australia's fastest-growing industry is becoming more interesting, with a near-record price for the metal in Australian dollars triggering increased exploration and a pair of possible mine developments in the Wheatbelt.

Tough times for geoscientists

Employment prospects for geoscientists in Australia have hit fresh lows, with new figures revealing nearly one in five is out of work.

Doray farms-in on gold project

Local gold miner Doray Minerals is seeking to expand its exploration portfolio through a $10 million joint venture deal with Rox Resources.

10 minutes on leadership with … Andrew Harding

In the first of a series of interviews with top WA business figures for Business News, Leadership WA chief executive officer Robin McClellan spent 10 minutes with Rio Tinto chief executive, iron ore, Andrew Harding, who said he looked to hire smart, reflective and curious people, and revealed mindfulness meditation had helped him be a better leader.

Lithex to make tech move

Subiaco-based Lithex Resources will make a second attempt at a backdoor listing, announcing plans to acquire an Israel-based battery technology company in a deal worth $28.7 million.

Kingston up on lithium buys

Shares in North Fremantle-based Kingston Resources have surged on news the company plans to raise $6.8 million to fund the purchase and exploration of several lithium tenements in Western Australia and the Northern Territory.

Gold falls as buyers cash in on USD gains

Gold has fallen as a strengthening US dollar prompted some buyers to cash in gains after its biggest daily rise this month, briefly paring losses after downbeat US jobs data.

Relief for magnetite, iron ore

The state budget assumes iron ore prices will average about $US47.70 a tonne in the coming financial year, substantially higher that what most forecasters have been tipping, and also includes a $41 million royalty concession for magnetite producers.

Juniors raise funds

Junior gold miners Dynasty Resources and Orinoco Gold have announced plans to raise a combined $2.6 million to fund ongoing work at their respective projects.

Sage in lithium deal

Subiaco-based Paynes Find Gold is seeking to become a lithium miner through the reverse takeover and backdoor listing of a European mining company backed by local businessman Tony Sage.

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