Energy and Minerals Australia has extended its trade suspension period to almost a month after signalling it has been unable to complete a proposed capital raising.
The state government has signed a native title agreement with the Ngarluma people of the Pilbara over land intended for a deepwater port at Anketell Point.
Gold miner Troy Resources says it has secured the final funding required to develop its Karouni project in West Guyana, with Investec Bank agreeing to provide the company with a $100 million revolving credit facility.
Padbury Mining has confirmed the identity of its mysterious wealthy backer as hair regrowth businessman Roland Bleyer but has again called for more time before it can disclose details of the funding arrangement.
More than 10,000 heavy vehicles could be running on liquefied natural gas in Australia by 2020, according to global management consultancy firm Accenture, which is working to facilitate the uptake, especially at Western Australian mines.
Shares in West Perth-based miner Metals X have closed higher after the company announced it had negotiated a restructured royalty agreement at its Higginsville gold operations.
Nedlands-based explorer Bullabulling Gold has signalled it will not accept a takeover bid from Norton Gold Fields which values the company at about $24 million, saying the offer does not reflect the value of its assets.
Mineral Resources director Chris Ellison and TFS Corporation director Stephen Atkinson have sold shares in their respective companies worth a combined $28.2 million.
Gold miners Ramelius Resources and Doray Minerals achieved record quarterly production over the past three months, while Regis Resources’ output was hampered by severe weather and flooding at its Gard
Alkane Resources has contracted international engineering group Hatch to provide front end engineering and design works for its Dubbo zirconia project.
Padbury Mining has sought another extension to its suspension from trading, saying it needs more information from its mystery backer to determine whether they have the capacity to provide a massive $US6.47 billion ($6.89 billion) funding deal to construct a port and rail network at Oakajee.
West Perth-based gold miner Red 5 has cleared a key regulatory hurdle on the way to resuming production at its mothballed Siana gold mine in the Philippines.
Fortescue Metals Group shipped record quantities of iron ore in the first three months of 2014, despite posting softer production on the back of seasonal wet weather.
Perth-based private company QCG Resources has agreed to purchase the mothballed Avesbury nickel mine in Tasmania from Chinese-controlled miner MMG for $40 million.
Premier Colin Barnett says he can't see "a great deal of substance" in junior explorer Padbury Mining's claims it has secured a massive $US6.47 billion ($6.89 billion) funding deal to construct a port and rail network at Oakajee, as the company missed a self-imposed deadline to reveal its mystery backer.
Perth-based rail services business Momentum Rail has been awarded a $4 million contract to supply rail workers and train drivers to the Roy Hill iron ore project in the Pilbara.
