Zenith Energy will incorporate a solar facility in its existing diesel power station at Independence Group's Nova operation in the Fraser Range, taking capacity to 26 megawatts.
Diversified miner Independence Group has reported a big jump in profit for the 2018 financial year, driven by the first 12 months of commercial production at its Nova operation.
Poseidon Nickel has appointed company director Robert Dennis as its new chief executive, with the former Independence Group executive set to take over the role next month.
Regis Resources, Independence Group and Ramelius Resources have all provided production updates for their respective mining operations, while Millennium Minerals says it is on track to ramp-up its gold output by the end of 2018.
SPECIAL REPORT: Battery metals businesses such as Pilbara Minerals, Altura Mining, and Western Areas have joined AusCann Holdings, Buru Energy and OM Holdings among the best-performing stocks in the year to June.
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.
Shares in Galileo Mining, which is backed by Mark Creasy and Chris Ellison, have closed up strongly on their first day of trading after the company raised $15 million via an initial public offering.
Independence Group has agreed to sell its Jaguar base metals operation near Leonora for $73.2 million to diversified investment company Washington H. Soul Pattinson and Company.
Peter Bilbe-led Adriatic Metals began trading on the ASX today, after the company raised $10 million via an initial public offering to fund exploration work at its Veovaca and Rupice projects in Europe.
Arrow Minerals (formerly Segue Resources) has received $5.2 million through a joint venture agreement and equity investment from nickel and gold producer Independence Group, along with a capital raising to fund its gold and lithium projects in Western Australia.
The rise of robo investment advice will prompt those with long memories to recall what happened last time computer algorithms were used to manage investments.
The joint owners of the Tropicana gold mine have approved spending of $48 million to underpin a new mining strategy that will see waste material from new pits tipped back into the original open pit mine, delivering increased production and a longer mine life.
SPECIAL REPORT: The five WA people with the largest holdings in listed companies have earned around $1.5 billion in dividends in the past five years, with Andrew Forrest and Kerry Stokes leading the way. Click through for our list of 50 directors and investors with holdings worth more than $11 billion between them.
Perth's top 20 ASX companies hit a big milestone this month, albeit only for one day – for the first time ever, they all had at least one female director. Click through to read about some of the talented women who made this happen.
A Supreme Court ruling handed down this week casts doubt on how the state government has calculated stamp duty on mining company takeovers, potentially overcharging miners tens of millions of dollars over more than a decade.
Perth companies Mineral Resources and Zenith Energy have added to the diversity of their boards, appointing Chinese businesswoman Xi Xi and local executive Stephanie Unwin to their respective boards.
The state government has budgeted for a $169 million stamp duty windfall from a single ‘property' transaction, the latest in a string of large deals that have boosted its coffers.
This week's announcement that First Quantum Minerals plans to close its Ravensthorpe nickel mine, at a cost of 450 jobs, has overshadowed several positive developments in the nickel sector.
SPECIAL REPORT: Backdoor-listed technology businesses and mining hopefuls have joined the state's top performers in financial year 2016 in Business News's annual analysis of total shareholder returns.
Independence Group has announced plans to sell its Stockman copper-zinc project in Victoria for $47.2 million in cash and royalty payments, but will record a $20 million impairment on the project.
Shares in Zenith Energy were up 10 per cent to 55 cents after the remote generation operator listed on the ASX today, with the company planning to use the $25 million it raised to move into renewables and microgrid technology.
Women account for just 8.7 per cent of board positions at the top 100 Western Australian companies listed on the ASX, a report by the Committee for Perth has found.
SPECIAL REPORT: West Perth-based junior Metalicity is developing a plan to take the Admiral Bay zinc deposit in the Canning Basin to production, two years after the project was bought from the collapsed Kagara Mining.
Bronwyn Barnes has been appointed the new chair of West Perth-based Indiana Resources, on the same day the company went to the Takeovers Panel to fight attempts by a group of shareholders to oust existing directors.
Gold and nickel miner Independence Group has expanded its presence in the Fraser Range after entering into an agreement to farm-in to Orion Gold's tenements in the area for an initial $2 million in cash and scrip.
Gold miners operating in Western Australia performed solidly in the three months to December, with Northern Star Resources, Independence Group and Evolution Mining all posting strong results.
The Australian share market closed weaker today, with nickel miners Western Areas and Independence Group leading the fall after Indonesia relaxed export restrictions on the commodity.
An improved performance by some of the state's miners boosted the Business News index of listed Western Australian companies, the BN30, to finish almost 19 per cent higher over the year (2016).
Holding an even exposure to base metals and gold will be the key to keeping Independence Group's performance consistent across the commodity cycle, according to managing director Peter Bradford, although the time was not yet right to be looking for new gold projects.
Today's appointment by Independence Group of its first female board member has taken it off the list of ASX200 companies lacking female representation on their boards, although four other Western Australian businesses remain among those still to adopt gender diversity at board level.
The first cargo of concentrate from Independence Group's Nova nickel mine has been dispatched to Kambalda, with the site's processing plant to reach nameplate production capacity of 1.5 million tonnes per annum in the middle of next year.
Aspiring miner Dacian Gold has launched a $150 million capital raising to fund a big portion of the development costs for its Mt Morgans gold project near Laverton, which is expected to begin operating by 2018.
Gina Rinehart's Hancock Prospecting has announced a $US300 million ($A395 million) investment in a UK-based fertiliser business chaired by former Fortescue Metals Group deputy CEO Russell Scrimshaw.
SPECIAL REPORT: The stock market's appetite for new listings is allowing a range of companies, from family-owned engineering firm Veem to big national player Alinta Energy, to raise capital.
