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Mining

Fortescue Metals Group

Lilleyman joins FMG as Pearce resigns

Fraser Beattie Fraser Beattie
23 Sep 2016

Fortescue Metals Group has started the search for a new chief financial officer after Stephen Pearce handed in his resignation to pursue an international role, on the same day the iron ore giant announced the appointment of a new director of operations.

Tribute Group

Pilbara accommodation business into receivership

Mark Beyer Mark Beyer
23 Sep 2016

Family-owned Tribute Group has been placed in receivership, just two months after winning what appeared to be a company-making contract with BHP Billiton for its accommodation businesses in Newman.

Vimy Resources

Vimy in $22m funding injection

Fraser Beattie Fraser Beattie
23 Sep 2016

Resource Capital Funds is set to emerge with a near 30 per cent stake in Vimy Resources when the uranium company completes a $22 million capital boost to fund ongoing work at its Mulga Rock project in the eastern Goldfields.

GR Engineering Services

Eastern hires GR for Davyhurst revamp

Fraser Beattie Fraser Beattie
23 Sep 2016

Recently revitalised Eastern Goldfields plans to begin producing gold at its Davyhurst operation by March next year, with the company awarding a $12.5 million contract to GR Engineering Services to bring the nearby processing facility out of care and maintenance.

JSW Australia

Hughes Drilling enters administration

Fraser Beattie Fraser Beattie
23 Sep 2016

The parent company of Perth-based mining services company JSW Australia has entered voluntary administration, with representatives of McGrathNicol appointed yesterday.

BC Iron

Vorster adds MD title at BC Iron

Fraser Beattie Fraser Beattie
22 Sep 2016

BC Iron chief executive Alwyn Vorster has joined the board of the iron ore company, and will continue to serve in his current role as well as managing director.

BHP Billiton

BHP renews attack on Nationals

Mark Beyer Mark Beyer
22 Sep 2016

BHP Billiton's top Australian executive has stepped up the company's criticism of the WA Nationals' planned iron ore tax hike, two days after an opinion poll found high support for the proposal.

Resolute Mining

Resolute at Ravenswood until 2029

Matt Mckenzie Matt Mckenzie
21 Sep 2016

Gold producer Resolute Mining looks likely to recommence open-pit mining at its Ravenswood underground operation after a feasibility study released today suggested it would extend mine life to 2029.

Uncertainty in US, Europe put gold in driver’s seat

Tim Treadgold Tim Treadgold
21 Sep 2016

ANALYSIS: A convergence of geopolitical and political events is causing widespread concern across Europe and the US, and WA's gold sector could offer some stability for investors.

Mineral Resources

MinRes, Pilbara Minerals dispute escalates

Fraser Beattie Fraser Beattie
21 Sep 2016

Mineral Resources and Pilbara Minerals continue to lock horns over an offtake agreement for lithium mined at the Pilgangoora project, with the companies exchanging words over the ASX today.

BHP Billiton

BHP's tax dispute grows, CEO pay slashed

AAP AAP
21 Sep 2016

BHP Billiton is locked in a $1 billion dispute with the Australian Taxation Office over the amount of taxes payable on the sale of Australian commodities to its Singapore marketing business, while its chief executive has seen his annual pay slashed in half follwoing the Samarco dam disaster.

Blackham Resources

Currency and cost factors favour gold stocks

Matt Mckenzie Matt Mckenzie
20 Sep 2016

SPECIAL REPORT: A record high Australian dollar price in June has provided a tailwind for the state's gold sector, and 2017 is looking to be a similarly positive year.

Pilbara Minerals

Expansion plans lift Pilbara Minerals' project cost to $342m

Fraser Beattie Fraser Beattie
20 Sep 2016

Pilbara Minerals boss Ken Brinsden said today there was a reasonable chance the company would double the production capacity at its Pilgangoora lithium project, after releasing a definitive feasibility that confirmed the positve economics of its base-case development.

NRW Holdings

NRW raises funds to pay debt

Fraser Beattie Fraser Beattie
20 Sep 2016

Perth-based contractor NRW Holdings has rattled the tin for $20 million to reduce its debt levels and place the company in a better position to pursue future opportunities.

Strandline Resources

Graham to lead Strandline as new boss

Fraser Beattie Fraser Beattie
19 Sep 2016

Former Sedgman manager Luke Graham has been appointed as chief executive and managing director of mineral sands miner Strandline Resources.

Resolute Mining

Welborn resolute on innovation

Matt Mckenzie Matt Mckenzie
19 Sep 2016

SPECIAL REPORT: Innovation is a key plank of Resolute Mining's strategy to keep costs down and extend mine life, managing director John Welborn told Business News, while acknowledging the pressures such a plan placed on capital and human resources.

Northern Star Resources

Digging in for exploration spend

Matt Mckenzie Matt Mckenzie
19 Sep 2016

SPECIAL REPORT: Some of Western Australia's biggest gold miners plan to boost their exploration spend in the coming year, with Saracen Mineral Holdings and Northern Star Resources among those committed to putting increasing amounts 'into the ground'.

Peel Mining

Peel, Cauldron raise funds

Fraser Beattie Fraser Beattie
19 Sep 2016

Local explorers Cauldron Energy and Peel Mining have raised a combined $5.5 million from investors to fund ongoing work at their respective projects.

Mineral Resources

MinRes gets nod for BOTS rail project

Fraser Beattie Fraser Beattie
19 Sep 2016

Mineral Resources is a step closer to developing its bulk ore transport system (BOTS) in the Pilbara after the project was recommended for approval by the environmental watchdog.

Kimberley Land Council

Pilbara downturn hits indigenous corporations

Mark Beyer Mark Beyer
16 Sep 2016

Indigenous corporations in Western Australia have experienced a fall in average income for the first time in five years, though the state's largest Aboriginal corporations, listed in the BNiQ Search Engine, have defied the downturn.

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