There may not appear to be much upside for tourists from the surging demand for air services by resources companies, unless of course they’ve always wanted to take a break to the Pilbara, kick around the red dirt, and get a glimpse of some heavy machinery
Several Perth-headquartered mining companies operating in the Democratic Republic of Congo are facing an uncertain future, following the Congolese government’s recommendation that 61 mining contracts with foreign companies be renegotiated or terminated.
Osborne Park-based Golden West Resources Ltd has rejected the all scrip takeover offer made by Fairstar Resources Ltd, saying that the bid was inadequate and provided no prospect of faster progress on the development of the Wiluna West iron ore project.
West Perth-based uranium explorer Energy Metals Ltd aims to raise around $5 million through a non-renounceable rights issue to fund exploration of its tenements in the Northern Territory and Western Australia.
Claremont-based Gippsland Ltd subsidiary Tantalum Egypt JSC has secured a 10 year offtake deal with German company HC Starck GbmH for the supply of tantalum peroxide from its 40 million tonne Abu Dabbab project in Southern Egypt.
Subiaco-based CI Resources Ltd has signed a deal with China's Xiangxi Xifeng Chemical Phosphate Co Ltd to develop a new phosphate mine neat the town of Xixi in the nation's Hunan province, the company has announced.
West Perth-based minerals explorer Avoca Resources Ltd will acquire the Two Boys gold mine from FMR Investments Pty Ltd, formerly Barminco Investments Pty Ltd, for $271,250 in cash and scrip, the company has announced.
West Perth-based uranium, precious and base metals explorer Emergent Resources Ltd will raise $5 million in its initial public offer to fund an exploration program of its existing tenements, the company has announced.
The Geraldton Iron Ore Alliance claims new analysis shows less than one per cent of the Mid West region's Banded Iron Formation ranges will be mined under current proposals of the eight Alliance companies.
West Perth-based Heritage Gold NZ Ltd will raise around $1.6 million through an issue of rights on a one for seven basis, raising funds to advance exploration of the company's gold tenements in Australia and New Zealand.