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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.

Macmahon pays $6.7m settlement

Mining contractor Macmahon Holdings has agreed to pay a $6.7 million settlement for a class action related to cost overruns at a construction project in 2012.

Empire makes board changes

Empire Resources has appointed major shareholder Michael Ruane as its chairman, one month after he sought a board spill at the gold miner.

Survey pinpoints wages pressure

The cost of employing critical tradespeople and professionals in the mining sector could jump by as much as 12 per cent over the next two years.

Monadelphous wins $240m BHP contract

Engineering companies Monadelphous Group and Downer EDI have announced separate maintenance contracts with iron ore miner BHP Billiton.

Mint chair warns of debt growth bubble

Gold Corporation chairman Don Mackay-Coghill has launched a broadside against the loose monetary policy of central banks in the past decade, warning it has inflated a big bubble.

Panel rules against Bullseye funding deal

The Takeovers Panel has declared unacceptable circumstances in relation to a proposed funding deal for unlisted public company Bullseye Mining.

SMS locks in $640m gold contracts

SMS Mining Services has secured contracts at two planned gold projects in Western Australia worth a combined $640 million.

FYI moves to alumina BFS

Having recently detailed a $US178 million ($248 million) capital cost for its Cadoux Kaolin alumina project, FYI Resources has now commenced a bankable feasibility study for the proposal.

Millennium to hit top-end guidance

Local gold producer Millennium Minerals says it is on course to hit the top end of its guidance for 2018 on the back of a strong second-half performance.

Salt Lake signs MOU offtake

Salt Lake Potash has signed a memorandum of understanding with Chinese fertiliser business Sinofert Holdings for an offtake agreement at the Perth-based company’s Goldfields salt lakes project.

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