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Mining

Sally Malay to purchase Cowan Nickel Project in $2m deal

Nickel miner Sally Malay Mining Ltd is to purchase Liontown Resources Ltd's Cowan Nickel Project assets in the easter Goldfields in a deal worth about $2 million.

Shougang to take major stake in Prosperity

Chinese steel company Shougang Corporation has agreed to invest up to 19.9 per cent in Perth-based Prosperity Resources Ltd via a share placement.

Chinese company to invest in FerrAus

Pilbara iron ore explorer FerrAus Ltd has become the latest resource company to attract the interest of China, with mining and smelting company Western Mining Co Ltd to take a 10 per cent stake.

Focus aquires Coolgardie gold project

Western Australian exploration company Focus Minerals Ltd has acquired a further 50 per cent interest in the Coolgardie Gold Project.

Mincor capitalise on new drilling technique

West Perth based Nickel miner Mincor Resources NL has intersected Nickel near its Otter Juan nickel mine in Kambalda, Western Australia.

Castle Minerals hit gold at Akoko

Western Australian gold exploration company Castle Minerals Ltd, has intersected shallow gold mineralisation at its Akoko North site in Ghana.

Beacon Minerals encouraged by Barlee results

West Perth based mineral exploration company Beacon Minerals Ltd has announced positive results from its Barlee Gold Project in Western Australia, saying it will provide confidence for further regional exploration.

Condor IPO to seek $8m

A Spin-off company from Perth-based explorer Carrick Gold Ltd is aiming to list on the stock market late next month, after raising up to $8 million in its initial public offering.

Perth nickel play up in takeover spotlight

Consolidation in the Australian nickel sector looks far from over, following recent speculation and events surrounding Perth-based Albidon Ltd.

Legacy to market in search for $8m

Chinese interest in Australia’s iron ore sector has gone to a new level, with East Perth-registered exploration company Legacy Iron Ore Ltd seeking to list on the stock market.

Cape Lambert 's Tony Sage ups stake to 6.4pc

Tony Sage, a director of Australian iron ore exploration and development company Cape Lambert Iron Ore Limited, has increased his stake in the company to 6.4 per cent following a conversion of nine million options.

AusIndustry grant to WA engine technology company

Malaga-based Advanced Engine Component Ltd (ACE) has been awarded a $236,466 AusIndustry research and development grant, to develop components for natural gas vehicle engines that will help cut carbon emissions in the heavy vehicle industry.

Sub-Sahara fined for failing to provide timely market info

Listed mineral exploration company, Sub-Sahara Resources NL, has paid a $33,000 fine following an Australian Securities and Investments Commission investigation.

Herald takeover extended after FIRB delay

Tango Mining's takever offer for Herald Resources has been extended after the bidder disclosed that it was still awaiting approval from the Foreign Investment Review Board.

EnviroGold faces delay to project financing

West Perth-based EnviroGold Ltd has announced that "due to the current financial climate it will take longer than originally anticipated to close the financing for its 70 per cent-owned Las Lagunas gold project in the Dominican Republic".

Portman to explore Irvine Island in Broome

Perth-based Portman Iron Ore Ltd and Pluton Resources can proceed with a joint venture exploration program for Irvine Island in Broome, following the WA Minister for the Environment's dismissal of an appeal against the level of assessment placed by the EP

WW1 heroics started early

WORLD War I commenced during the first week of August 1914, nearly nine months before an Australian and New Zealand amphibious force landed on an isolated Turkish beach.

In Brief: Territory lifts Olympia shareholding

TERRITORY Resources Ltd has secured control of takeover target and mineral sands producer, Olympia Resources, by lifting its stake to 55.3 per cent.

Vmoto develops China plan

Perth-based scooter company, Vmoto Limited, has announced that production and development of its Nanjing manufacturing plant in China is on schedule and within budget.

In The News: FIFO flights to Carnarvon

RIO Tinto Iron Ore has announced it will start a fly-in, fly-out commute roster from Carnarvon, adding to services it has started in Geraldton and Busselton.

In Brief: Straits tips coal assets into subsidiary

SHARES in West Perth-based resources company Straits Resources Ltd jumped more than 6 per cent last week after it unveiled a plan to restructure the business and de-merge from its coal-focused Asian s

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