Bauxite Resources has been granted 13 additional exploration licenses in Western Australia's Darling Range, which the company says will strengthen its joint venture with China's Yankuang Group.
Chinese coal miner Blackgold International Holdings is set to list on the Australian Securities Exchange in Perth tomorrow, after its $70.2 million initial public offering closed oversubscribed.
Fortescue Metals Group boss Andrew Forrest says he hopes to appeal a decision by the Federal Court that found he made misleading claims about infrastructure deals that never came to fruition.
Neptune Marine says it recorded a break-even result in the December quarter,bouncing back from a $6 million loss in the September quarter, as it prepares to release its half-year results next week.
WA's steel industry has called for the Barnett government to release more details on how much local work has been created by Chevron's $43 billion Gorgon gas project and Fortescue Metals Group's iron ore operations in the Pilbara.
Mineral Resources has reported a 121 per cent increase in net profit for the half year ended December 31, on the back of record-high iron ore prices and improved performance from its contracting operations.
Toro Energy has entered an agreement to purchase additional uranium tenements adjacent to its Wiluna uranium project from Russian mining giant Norilsk Nickel for $4.5 million cash and a conditional royalty.
Perdaman Chemicals and Fertilisers has finalised rail transport deals with WestNet Rail and QR National for its $3.5 billion urea manufacturing plant near Collie.
Iron ore junior Territory Resources has entered a non-binding agreement with its major shareholder, Hong Kong commodities trading house Noble Group, for a $20.9 million debt to equity conversion.
Perth-based Atlantic has settled its issue of $US335 million ($A334.26 million) of notes to fund the completion of the Windimurra vanadium mine in Western Australia.
Diversified Perth-based explorer Rox Resources says it will acquire the Mt Fisher operation from Avoca Resources, in a conditional all-scrip offer that values the gold-nickel project at around $1.2 million, on today's share price.
ENTREPRENEUR Jeff McGlinn is reviving a business closed down by his former company, NRW Holdings, after cashing out from the mining services company last year to the tune of almost $42 million.
BHP Billiton is budgeting to spend at least $US80 billion to expand its business over the next five years, after its booming WA iron ore business fuelled the biggest interim net profit ever delivered in Australia.
Tanami Gold says a 40 per cent increase in the mineral resources at its Central Tanami project has paved the way for a resumption of mining operations.
