Following the money is always the best way to see what interests a rich man because it tells you two things – what he likes as an investment for future growth, and what he sees as having reached the limits of growth.
Perth-based minerals explorer ABM Resources has announced plans to tap investors for a $14.2 million capital raising to fund development of the Old Pirate gold deposit in the Northern Territory.
Iluka Resources has announced it will seek about 150 employees and contractors to restart operations at its rutile production plant and Tutunup South mine in Capel.
BHP Billiton and CSIRO have announced they will spend $5 million over five years in a partnership to increase the scientific community's understanding of the Ningaloo Reef.
Engineering and construction contractor Decmil Group has posted a 4.9 per cent fall in first-half profit to $24.3 million as a result of lower construction margins in the tough market.
Gold has reversed losses after minutes from the Federal Reserve's last meeting show some central bank officials were worried about raising rates too soon.
Sirius Resources managing director Mark Bennett said today the company could be a gold miner before it becomes a nickel producer, following positive drilling results at its Baloo deposit.
Carnegie Wave Energy has switched on its innovative CETO power plant, which will provide renewable electricity to the HMAS Stirling naval base on Garden Island.
Gold and nickel producer Independence Group has posted a 264 per cent increase in profit for the six months to December, on the back of increased production from its Jaguar and Tropicana operations and at lower costs.
Northern Minerals has attracted a Chinese-based funding partner to provide up to $49.5 million for its flagship Browns Range heavy rare earths project near Halls Creek.
Perth-based mining services company Ausdrill will take a pre-tax hit of up to $220 million due to falling commodity prices and slowing mining activity, while also disclosing the loss of a big contract in Africa.
Gekko Systems co-founder Elizabeth Lewis-Gray has been appointed chair of a new 'mining growth centre', which is part of a $189 million federal government initiative designed to encourage commercially-focused research and development activity.
Gold producer Northern Star Resources is calling the past six months a defining period for the company, with a combination of strong growth in production, lower costs and increased free cashflow.
Mount Gibson Iron will look to its Extension Hill project for an answer to its $870 million first-half loss, which was the result of price falls and interruptions to work at its Koolan Island iron ore mine in the Pilbara.
Gold prices have risen as investors seek shelter from the uncertainty surrounding Greek debt talks and prepare for a slower week due to the Lunar New Year holiday in China.
New co-working area MineSpace is gearing up to open a portal designed to reduce costs and improve access to software for geoscience consultants and contractors.
Resources-focused TSG Consulting has embarked on a diversification and expansion plan in response to a growing demand from companies trying to unlock the secrets of big data.
Chinese-backed iron ore miner Top Iron has signed contracts with Brookfield Rail and Aurizon as it prepares to ship its first exports from Geraldton by March.
Automotive and aerospace equipment developer Orbital Corporation's majority owned mine site safety product Remsafe has secured a $2 million order from a major Western Australian iron ore mining company.
Mirabela Nickel shares nearly doubled in value today after the miner announced improved December quarter results and released a strategic review, which forecast an increase in production and lower costs at its flagship Santa Rita mine in Brazil.
West Perth gold explorer Orinoco Gold is aiming to become a gold producer in 2015, after announcing a $14 million package to commence production at its Cascavel project.
Facing a slowdown in mining-related construction work, indigenous contractors are diversifying into new fields, establishing joint ventures and highlighting their Aboriginal credentials. Click through to also see our BNiQ list of 25 major indigenous contractors in WA.
