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Mining

EPA approves BHP iron ore plans

The environmental watchdog has today recommended approval of BHP Billiton’s long-term development plans in the Pilbara, including construction of 13 new iron ore mines and expansion of four existing mines.

Auris CEO departs

Auris Minerals has announced the resignation of chief executive Wade Evans, months after chairman Bronwyn Barnes was voted off the company’s board.

Gold producers post strong WA results

AngloGold Ashanti and Dacian Gold have reported positive updates on their Western Australian operations.

Agrimin raises $10m

Potash explorer Agrimin has boosted its coffers with a $10 million capital raising to progress the definitive feasibility study being undertaken at its Mackay project in Western Australia.

MZI flags delays in upgrades

Mineral sands miner MZI Resources has announced the completion of upgrades at its Keysbrook operation, while also outlining delays in the project and attempts to seek waivers from some conditions of an $80 million debt funding package.

Roy Hill to share profits, targets 60mtpa

Roy Hill Holdings has introduced a staff profit scheme after achieving its 55mtpa production target and has confirmed its interest in expanding to 60mtpa.

WA contractors secure work

Three local companies have secured work across the state, with Kerman Contracting, Adco Constructions and WestStar Industrial all announcing recent contract wins.

Vango raises $5m

Sydney-based Vango Mining has announced a $5.1 million capital raising to fund exploration at its Plutonic Dome gold project in Western Australia's Mid West.

WA shares in $7m mining tech funding

ASX-listed Imdex, software company Manufacturing Intelligence and Emapper are among five local companies in the mining technology sector that will share in $7.1 million of federal government funding announced today in Perth.

Independence pays $21m to Creasy

Independence Group has agreed to pay $21 million in cash and shares to prospector Mark Creasy to acquire a 70 per cent stake in a series of tenements in the Fraser Range near its Nova nickel mine.

Swick signs first commercial technology agreement

Swick Mining Services has announced the first commercial agreement for use of its Orexplore mineral scanning technology, which has been developed over the past seven years.

Rift Valley raises $5.5m

Rift Valley Resources has tapped investors for $5.5 million as the company continues exploration work at its Longonjo rare earths project in Angola.

Mod upgrades mineral resource

Perth-based MOD Resources has announced a significant upgrade to the mineral resource at its T3 copper project in Botswana.

Panel dismisses FMG application

The Takeovers Panel has dismissed an application from Fortescue Metals Group questioning the veracity of Hancock Prospecting’s $390 million bid for Atlas Iron.

Prospector wins appeal against minister

A three-year battle over an exploration licence in the northern Goldfields has resulted in a win for prospector Andrew Paterson, who appealed against a ruling by the former mines and petroleum minister in favour of listed company Connected IO.

Rio commences $50m upgrade

Rio Tinto has commenced a $50 million replacement of the iron ore stackers at its Paraburdoo mine, with local engineers and contractors set to benefit from the project.

Flinders, AVZ in ASX clarifications

Two local mining companies have been forced to provide clarifications to the ASX this morning, with Flinders Mines responding to a presentation given by BBI Group, while lithium-focused AVZ Minerals told investors to ignore a Twitter post from one of its strategic advisers.

Swick wins $80m contract extensions

Swick Mining Services has announced two contract extensions worth about $80 million, including a renewal at Northern Star Resources’ Jundee gold mine near Wiluna.

Atlas backs revised Hancock bid

The board of Atlas Iron has unanimously recommended a revised bidder’s statement from Hancock Prospecting, while also announcing the suspension of production at its Mt Dove iron ore mine due to challenging market conditions.

Strandline, Arafura appoint DFS consultants

Mineral sands-aspirant Strandline Resources has appointed GR Engineering Services to lead a definitive feasibility study at its Coburn project, while Arafura Resources has signed on Mining Plus and a number of other consultants for a study at the Nolan project.

Tanami exercises $20m put option with Northern Star

Tanami Gold says it will exercise a put option forcing Northern Star Resources to buy a 15 per cent stake in the junior miner’s Central Tanami project for $20 million, after the Bill Beament-led company said it had not reached commercial production at the joint venture mine.

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