Arrow Minerals (formerly Segue Resources) has received $5.2 million through a joint venture agreement and equity investment from nickel and gold producer Independence Group, along with a capital raising to fund its gold and lithium projects in Western Australia.
Downer EDI has flagged a goodwill impairment charge of $77 million on its mining operations after failing to renew two material contracts and delays in securing alternative business.
Aspiring graphite miner Hexagon Resources has signed a non-binding offtake agreement with a Chinese building company for 30 per cent of the company's planned production at its McIntosh project in the Kimberley.
Rare earths developer Northern Minerals has lifted the limit on its share purchase plan to $15 million on the back of strong demand from existing shareholders.
Uranium miner Paladin Energy has confirmed the approval of its recapitalisation deal, which will leave existing shareholders with a 2 per cent stake in the company, and appointed Daniel Harris and David Riekie to the board.
Peninsula Energy has signed an agreement to sell a portion of its interests in an existing long-term uranium sale and purchase deal for $US19 million ($23.7 million).
Copper and gold explorer Stavely Minerals has raised $8.3 million via a share placement and share purchase plan, with the company completing drilling programs at a number of tenements on the east coast.
Aspiring mineral sands miner Sheffield Resources has signed an offtake agreement with a Chinese processor for nearly 20 per cent of the planned zircon production at its Thunderbird project near Derby.
Mining services company Ausdrill has received a letter of intent for a three-year contract worth $180 million with Mineral Resources at its Wodgina lithium mine in the Pilbara.
Global Advanced Metals has submitted a development plan to begin direct tantalum mining at Greenbushes in Western Australia's South West, as it continues legal proceedings against the company that mines lithium at the same site.
Robotic technology and the internet of things will dramatically change employment patterns, accident rates and digging costs in the mining industry over the next three years, business advisory firm BDO has boldly predicted.
Copper explorer MOD Resources has released a favourable pre-feasibility study for an open-pit mine at its T3 project in Botswana, which has an estimated annual free cash flow of $US77 million ($95 million).
Chinese group Citic has decided to appeal a ruling from the Supreme Court of Western Australia ordering the company to pay Clive Palmer nearly $US150 million in royalties on its Sino Iron project in the Pilbara.
Local explorer De Grey Mining will proceed with a $15 million acquisition of the Indee gold project, located near Port Hedland, from private company Northwest Nonferrous Mining Australia.
The global lithium supply chain will be worth more than $1 trillion in 10 years' time, if an analysis written for the Association of Mining & Exploration Companies pans out, with Western Australia well placed to grab a share.
Uranium explorer Vimy Resources has released a positive definitive feasibility study for its Mulga Rock project, located east of Kalgoorlie, but the report is based on the assumption of a near tripling in the current uranium spot price by 2021.
Gold miners Perseus Mining, Ramelius Resources and Evolution Mining have all released positive quarterly reports today, with Ramelius upgrading its full-year guidance and Evolution confident of reaching its target comfortably.
Rio Tinto's decade-long move towards autonomous haulage has hit a big milestone, with 1 billion tonnes of iron ore and waste material now transported by driverless trucks.
Perth-based Atlas Iron has repaid $20 million of debt to reduce its term loan to less than $85 million, while also continuing to pursue diversification opportunities in copper and lithium.
The end of the mining construction boom continues to cause economic pain for Western Australia but strong employment growth paints a very positive future, according to Treasurer Ben Wyatt.
The increasing uptake of automation, artificial intelligence, and digital technologies in the resources sector has led Core Skills to launch a pilot program designed for mining and energy employees.
GR Engineering Services says it will continue to pursue legal action against Eastern Goldfields in relation to a contract for refurbishment at the miner's Davyhurst operation, despite the Supreme Court yesterday referring the matter to arbitration.
Engineering and construction group Valmec has secured new contracts in the gas and infrastructure sectors worth $7 million, including work for APA Group at its Yamarna gas pipeline facility.
Four Perth-based miners have tapped investors for more than $30 million, with Panoramic Resources raising $20.9 million for its Savannah nickel project in the Kimberley.
The mining sector needs to embrace automation and address concerns of skills shortages as the industry outlook continues to improve, according to the latest mining business outlook report by Newport Consulting.
Perth-based Tiger Resources has sold its assets in the Democratic Republic of Congo, including its Kipoi copper project, to a consortium of Chinese investors for $US260 million ($325 million).
