Mining

Perth-based Encounter Resources, Predictive Discovery and Trek Metals have each launched capital raisings, with the proceeds to go towards gold projects in Australia and Guinea.

Decmil Group has secured an $8.7 million contract with Rio Tinto for work at the iron ore miner’s Mesa A site in the Pilbara.

Mineral Resources has surprised the market by purchasing an iron ore project from Australian Aboriginal Mining Corporation, and also bought into a legal fight with Fortescue Metals Group.

Resolute Mining has reported slow gold production during the September quarter, less than a week after John Welborn's departure.

Gascoyne Resources has relisted on the ASX, following a $125 million recapitalisation that helped the embattled goldminer repay its creditors and continue mining operations.

Russian miner Nordgold has continued its fight for Perth-based Cardinal Resources, having matched an offer to buy the gold explorer for $1 per share.

Perth-based GBM Resources is paying $3 million to buy a gold project in Queensland, close to its flagship Mount Coolon asset.

Resolute Mining has begun its search for a new leader after managing director and chief executive John Welborn stepped down from the role.

CIMIC Group has confirmed the 50 per cent sale of its mining contractor, Thiess, to an entity based in the UK.