Welshpool-based Mineral Commodities has signed an agreement with Gold Terrace to earn-in to the Munglinup graphite project West of Esperance in a part cash, part scrip deal worth about $4.6 million.
Local explorers MacPhersons Resources and Venture Minerals have announced plans to raise a combined $6.3 million to fund ongoing work at their respective prospects in the state.
SPECIAL REPORT: The effects of a Fifo lifestyle on the workforce have prompted changes in workplace practices among some of the major resources sector players.
Shares in Brisbane-based Diatreme Resources were up 20 per cent today as the company signed a memorandum of understanding with Chinese company ENFI Engineering Corporation to undertake a bankable feasibility study at the Cyclone mineral sands project.
Mining and civil contractor Maca has raised $60 million to expand its mining fleet, driven by what the company described as an exceptional pipeline of available work.
Junior explorer Peel Mining has announced plans to spin-off its Apollo Hill gold project near Leonora into a new company and list it on the ASX by way of an initial public offering.
Poseidon Nickel is in discussions with Empire Resources for the processing of gold ore at its mothballed Black Swan processing facility near Kalgoorlie, while Empire has secured two loan deals to help pay for essential mining costs.
Troubled civil construction and mining services business Brierty has been placed in voluntary administration after failing to secure what it considered to be an adequate pipeline of future work.
Gold junior Orinoco has tapped investors for a near-$5 million capital raising and a $3 million investment by AngloGold Ashanti, as it progresses development of its Cascavel operation in Brazil.
Local explorer Australian Mines has entered into an agreement to buy out its joint venture partner at the Sconi cobalt-nickel-scandium project in Queensland for $10 million in cash and scrip.
The state government is considering amendments to the Mining Act in the wake of the High Court's recent ruling that kept sand mining off Andrew Forrest's family pastoral station in the Pilbara but cast into question the legitimacy of other granted mining leases since 2006.
NRW Holdings' recently acquired east coast business, Golding Contractors, has been hired to provide its services to a coal mine in Queensland under a $25 million contract.
Western Australia was the largest contributor to an increase in exploration spending in the three months to June according to new data which was released just days after the federal government announced a $100 million exploration incentive.
Metals X says the recent closure and subsequent reopening of its Nifty copper mine will dent production for the quarter, but it has maintained its full-year target.
The founders of four Western Australian businesses, in industries ranging from mining software and horticulture to construction and industrial equipment, have been selected as finalists in the 2017 EY Entrepreneur Of The Year awards.
Heavy equipment supplier Emeco Holdings has its sights set on a positive year ahead, after narrowing its net loss to $180 million following a year of write-downs and the completion of a three-way merger.
Blackham Resources has locked in a $72 million funding deal with US-based investment group Lind Partners, which will be used to progress expansion plans at its Matilda gold mine.
Junior explorer Lithium Australia has announced plans to acquire a Brisbane-based battery cathode developer in an all-scrip deal worth about $7.3 million.
Gold miner Blackham Resources has outlined a potential $114 million investment in its Matilda operation to boost production beyond 200,000 ounces a year, despite failing to hit its initial forecasts since production began in late 2016.
Northern Minerals has locked in a $US30 million ($A38 million) research and development loan facility with a US-based financier, as it progresses development of its Browns Range heavy rare earths project.
Chinese company Citic has recorded a first-half loss at the Sino Iron magnetite mine in the Pilbara, while warning that the ongoing tussle with tenement holder, Clive Palmer's Mineralogy, means production at the project could eventually be suspended.
Mining services business Ausdrill has launched a $100 million capital raising to bolster its balance sheet, as it anticipates further growth in its African operations, and negotiated an expanded debt facility.
Atlas Iron has swung to a full-year profit as a rebound in iron ore prices helped the junior miner recover from losses following a write-down a year earlier.
The state government has named the 43 successful applicants that will share in about $5 million for exploration drilling programs, with over half of those being gold projects.
Dacian Gold has lined up Zenith Energy to build, own and operate a gas-fired power station at its Mt Morgans gold project near Laverton, and signed a $57 million, 10-year contract with gas pipeline operator APA Group.
