Junior miners Gold Road Resources, Rox Resources and Nkwe Platinum are raising a combined total of $14.95 million to accelerate exploration programs at their respective developments.
Shares in Apex Minerals jumped on the ASX today after the Perth-based announced an agreement to sell its Youanmi gold mine near Sandstone in the Murchison for $15 million.
Former water-proofing company Hydrotech International has turned its attention to resources and overcome tough market conditions to raise more than $6 million to fund its first venture.
Shares in Bauxite Resources jumped on the ASX today after the Perth-based miner announced the appointment of former Sundance Resources executive Peter Canterbury as chief executive.
Shares in one of Australia's largest gold companies, Alacer Gold, have shot up after it announced its sale of interests in the Frog’s Leg gold mine near Kalgoorlie for US$171 million ( million).
Premier Colin Barnett has described the federal government's mining tax as a flop, after Treasurer Wayne Swan revealed today the impost raised just $126 million in its first six months of operation.
Radar Iron is to become a major shareholder in a Northern Queensland magnetite project in a move it hopes will enable progression of its Western Australian projects.
The long-running takeover of iron ore stock Sundance Resources faces more delays and uncertainty after Chinese suitor Hanlong Mining was told by regulators and bankers in China to find a large and exp
The majority of employees across Rio Tinto’s energy business in Australia will not receive salary increases this year as the miner aims to “secure the long-term strategy” of the division.
International engineering and construction firm CSE Global has announced that its telecommunications subsidiary, which has major operations in Perth, has won $60 million worth of contracts for Inpex’s
TNG has appointed Perth-based engineering firm Arccon Mining Services to complete a definitive feasibility study for its Mount Peake vanadium-titanium-iron project in the Northern Territory.
Celsius Coal has announced a $10 million financing arrangement with Singapore-based Blumont to fund its exploration and development programs in the Kyrgyz Republic.
Focus Minerals shares have dipped on the ASX after the company announced a half year net loss of $27.4 million and the resignation of its chief executive, Campbell Baird.
Frontier Resources spinoff Torque Mining has launched a $4 million initial public offering to fund exploration activities at its gold and metals projects in Tasmania.
