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Mining

Central Asia plans to up stake in Kazakhstan mine

West Perth-based gold and base metals exploration company Central Asia Resources Ltd will increase its shareholding in Golden Eagle Resources from 60% to 100%, subject to shareholder approval.

Redstone Resources secures exploration access agreement

East Perth-based Redstone Resources Ltd has secures an access agreement over significant Iron-Oxide- Copper-Gold (IOCG) prospective exploration area at the Baggaley Hills, in the West Musgrave Region, in Western Australia.

Herald Resources takeover bid firms

Chinese-Indonesia consortium Antam Zhongjin has gained shareholder approval for its $2.50 a share, $505 million take over bid for West Perth-based Herald Resources.

Epsilon Energy enters JV with Southern Uranium

Subiaco based uranium exploration company Epsilon Energy has entered into a joint venture agreement with Southern Uranium to explore the Pandanus West tenement in North Queensland.

Whinnen acquires option for West African bauxite project

West Leederville-based Whinnen Resources Ltd has entered into a conditional agreement to acquire an 85% interest in Fongo Tongo Bauxite Project in Republic of Cameroon, West Africa.

Positive scoping results for Norseman gold project

Kalgoorlie-Boulder Resources Ltd could start producing gold from its Norseman gold project in 2010 following positive scoping study results that have pegged capital costs at $75 million.

Sun Resources says record production in March 2008

Subiaco-based oil and gas exploration company Sun Resources NL has received record revenues from its US operations during March 2008, providing over A$200,000 of net operating revenue for the month.

Fox finalises $17.m deal with Jinchuan

Pilbara nickel explorer and producer, Fox Resources Ltd today announced that China's largest nickel producer, Jinchuan Group Limited, has successfully concluded a strategic agreement to take an equity stake in the company.

Airlines target new horizons

Airlines servicing Western Australia continue to reap the benefits of the state’s resources boom, as demand for transport into the regions grows and capacity increases to unprecedented levels.

Utopian planning market clean-up

Overcoming negative perceptions has proved a major hurdle for Mullaloo-based Utopian Resources, distributor of the EcoSuper X range of environmentally friendly cleaner/degreasers.

In Brief: ISS Group wins $4m Petronas deal

NEDLANDS-BASED software provider ISS Group Ltd has announced its biggest ever contract, valued at around $4 million, with Malaysian oil and gas group Petronas.

Addressing WA’s future labour needs

As the federal government’s external reference group prepares to hand over its findings on a review of the 457 visa scheme, Western Australia’s Technology and Industry Advisory Council (TIAC) is preparing its own all-encompassing review of migration issue

In Brief: More Dampier pipeline expansion

THE owner of the Dampier-to- Bunbury natural gas pipeline has announced further expansion plans after receiving additional capacity requests from existing and prospective users of the pipeline.

Territory increases Olympia shareholding

West Perth-based iron ore company, Territory Resources Ltd, has lifted its stake in mineral sands producer Olympia Resources today with an increase in its share holding up from 47.29 per cent to 50.03 per cent.

Brierty shares plunge 23% after profit downgrade

Shares in Maddington-based civil construction company Brierty Ltd plummeted today following a profit downgrade of as much as 20 per cent, just four months after listing on the ASX.

Centaurus acquires tenement package in Brazil for $3.2m

West Perth-based mining company Centaurus Resources Ltd has secured a significant tenement package in the Iron Quadrangle in Brazil through the 100% acquisition of three new projects (comprising seven tenements) surrounding its Liberdade operation.

Iluka concludes $95m entitlement offer

Iluka Resources Ltd has completed the retail component of its 4 for 7 pro-rata accelerated renounceable entitlement offer to shareholders, with the retail offer raising approximately A$95 million.

New FIFO initiative provides direct link to Pilbara mines

Rio Tinto Iron Ore today announced it will start a fly-in, fly-out (FIFO) commute roster from Carnarvon.

Marengo completes C$9.8m offering and trades on the TSX

Further to filing a final prospectus on 3 April, Marengo Mining Ltd has today announced the completion of its C$9.8 million offering and has commenced trading on the Toronto Stock Exchange.

Impact granted licence to explore in Botswana

Perth-based gold, nickel and uranium explorer, Impact Minerals has been granted exploration licences covering about 20,000 sq km in eastern Botswana, specifically for the exploration of uranium.

Gunson Resources increases ore resource by 250%

Gunson Resources Ltd has announced a 250% increase in ore resources at the Coburn Zircon Project in WA.

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