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Mining

Atlas makes board changes

Atlas Iron has announced a raft of board changes, including the appointment of former state government tourism boss Stephen Wood and National Australia Bank executive Spiro Pappas.

NRW wins $92m work

NRW Holdings has announced a series of contracts worth about $92 million, including an extension at Talison Lithium’s Greenbushes mine and work at BHP Billiton’s South Flank project.

Explaurum rejects Ramelius offer

The board of Explaurum has rejected a $59.2 million hostile takeover bid from gold miner Ramelius Resources, saying the offer is opportunistic and undervalues the target.

Pacific for Gwalia power job

Pacific Energy has been awarded a contract to install additional generation capacity at St Barbara's Gwalia gold mine as part of an expansion project.

Wolf Minerals into administration

Long-running efforts by tungsten miner Wolf Minerals to stay afloat have failed, with the company’s directors appointing voluntary administrators.

Venturex plan $146m project

Venturex Resources managing director Ajanth Saverimutto says the company’s Sulphur Springs copper-zinc project is ready to develop, after releasing a definitive feasibility study detailing a $146 million capex.

Dampier Port to export ammonium

Pilbara Ports Authority has received regulatory approval to support shipping ammonium nitrate through the Port of Dampier.

Tomasi leaves SCEE, sells $12m stake

Southern Cross Electrical Engineering founder Frank Tomasi has cashed in about one quarter of his shares in the company, after signalling his intention to retire from the board.

Rox releases nickel study

Rox Resources has released an updated scoping study for its Fisher East nickel project following an improvement in market conditions, with a forecast capital cost of between $85 million and $125 million.

BCI confirms multiple interest

BCI Minerals has confirmed it is in discussions with multiple parties over the sale of its Pilbara iron ore assets, including three current producers and one aspiring port developer.

Hancock secures 90% of Atlas

Gina Rinehart’s Hancock Prospecting plans to focus on how to integrate Atlas Iron’s operations into its existing business after acquiring more than a 90 per cent shareholding in the struggling iron ore miner.

Kin plans $10m raising

Gold-focused Kin Mining has announced plans to raise up to $10.4 million via an entitlement offer, while also revealing it has received interest for potential acquisition deals.

Gascoyne flags board changes

Ian Murray has been appointed non-executive chairman of gold producer Gascoyne Resources, two months after announcing his retirement from Gold Road Resources.

Gold revival boosts deal flow

SPECIAL REPORT: WA companies participated in 175 corporate finance transactions worth $7.6 billion in the September quarter, with one of the most complex and innovative being the recapitalisation of Eastern Goldfields.

Mining, energy take IPO reins

SPECIAL REPORT: A significant uptick in the number of resources stock floats in WA mirrors a national trend driven by improved investor sentiment and rising commodity prices.

St Barbara in $7m gold JV

Gold miner St Barbara has entered into a joint venture agreement with Australian Potash at the Lake Wells gold project near Laverton.

CME appoints BHP executive

The Chamber of Minerals and Energy of WA has appointed Edgar Basto as its acting president following the departure of Woodside executive and CME president Jeroen Buren.

Twigger goes for gold with $350m blockchain bid

PCF Capital founder Liam Twigger has revealed plans to raise up to $350 million for a cryptocurrency token that will back a new investment fund for gold mining juniors, in what would be the most significant Australian blockchain-related deal to date.

Rio JV opens Baby Hope

Rio Tinto and Hancock Prospecting have today opened a new mining pit that will help sustain production volumes at their jointly owned Hope Downs operation in the Pilbara.

Doray in $10m Andy Well sale

Gold miner Doray Minerals has announced the sale of its mothballed Andy Well project near Meekatharra to Canadian company Galane Gold in a deal worth $10 million.

Phil Thick talks lithium

In a wide-ranging interview, Mark Pownall explores the career of Tianqi Lithium general manager Phil Thick and discusses the state of the battery metals industry.

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