Shares in Subiaco-based Australian Potash dropped nearly 21 per cent after concluding a $12 million capital raise that is set to add another 150 million shares to its register.
Perth-based diamond explorer Burgundy Diamond Mines has acquired one of five ‘hero’ stones available at Rio Tinto's final 2021 Argyle pink diamonds tender from a Singaporean company, it is understood.
Westgold Resources’ proposed takeover of fellow goldminer Gascoyne Resources cannot proceed after the Supreme Court of WA approved a conflicting merger deal with Firefly Resources.
Global Lithium Resources has attracted funding from one of the world’s largest EV battery producers via a $13.6 million capital raise while Blackstone Minerals is on track to raise $60 million.
Ramelius Resources has lifted its offer for Apollo Consolidated to $181 million to trump that of takeover rival Gold Road after securing backing from the target’s board and second largest shareholder.
A bidder’s statement has been sent to the shareholders of Gascoyne Resources, who will consider a $120 million takeover proposal while a conflicting merger deal heads to court next week.
Chemical manufacturer Albemarle hopes to build a 73MW power station at its proposed Kemerton lithium refinery in WA, replacing an original plan to source power from the South West grid.
Subiaco-based Auroch Minerals is set spend funds raised from high-net worth investors to fund base-metal exploration campaigns across Western and South Australia.
Fallout from WA’s strained labour market has delayed the start of an offtake agreement between BHP Nickel West and Mincor Resources, setting back first production by three months.
Australia’s fourth largest iron ore producer secured record shipments during the first quarter of the financial year but weaker iron ore prices took a toll on average revenues.
Rio Tinto’s iron ore chief executive has told a parliamentary inquiry into sexual harassment in the mining industry he is “sickened” by recent events, as FMG unveiled its new alcohol policy.
A Perth lithium play backed by Gina Rinehart is seeking to fend off claims from a short selling fund that says its namesake zero carbon lithium project in Germany is a “non-starter.”
The federal government has given the environmental all clear for Hastings Technology Metals to build a rare earths processing plant in Western Australia’s Gascoyne region.
