Newly listed West Perth-based resources company Apollo Minerals Ltd has taken a significant step forward in the development of its recently acquired Western Australian iron ore project, following the signing of a Memorandum of Understanding with Chinese I
Nickel explorer Heron Resources Ltd has launched legal proceedings against Russian giant Norilsk Nickel in the Western Australian Supreme Court in a bid to gain access to the Bulong tenements near Kalgoorlie.
A spokesman for Fortescue Metals Group Ltd said the group would not comment on reports that its chief executive, Andrew Forrest, held discussions with bankers in Beijing earlier this week seeking loans to help fund a $1 billion expansion of its Pilbara ir
Golden West Resources Ltd has firmly rejected Fairstar Resources Ltd's improved scrip takeover offer, arguing that the value of Fairstar scrip is highly uncertain and volatile and that Fairstar adds nothing to the planned Wiluna West iron ore project.
Mineral sands miner Iluka Resources Ltd has announced the go-ahead for a $30 million project in the United States as it continues engineering studies on its major growth projects in Victoria and South Australia.
The Australian Small Scale Offerings Board has started to become a significant source of new capital for small Western Australian companies, with Live Technologies Ltd the latest to raise capital through this market.
The number of Western Australian companies listing on both the Australian Securities Exchange and the Toronto Stock Exchange has risen to 20, after West Perth-based gold producer Troy Resources NL lodged a preliminary prospectus in Canada.
With Australia set to introduce a national emissions trading scheme (NETS) by 2010, Western Australian businesses are urging the federal government not to rush the design of the scheme and risk disadvantaging the state’s economy.
The mining industry may be responsible for just 12 per cent of the state’s total water consumption, but mining companies are increasingly recognising the importance of water resource management in their operations.
The growth in the carbon offset and credit market could present significant opportunities for landholders and farmers in marginal and environmentally vulnerable areas looking for a viable alternative to grain crops.