News Articles for Mineral Resources

Atlantic, MinRes join vanadium project

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West Perth-based resources development company Atlantic Limited has entered into a heads of agreement with Mineral Resources to re-launch the Windimurra Vanadium Project in Western Australia.

MinRes raises $52m, inks Baosteel deal

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Mining services company Mineral Resources has secured a long-term sales agreement with Baosteel Group Corporation and finalised a $52 million placement.

MinRes in $150m raising, selldown

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Mining services group Mineral Resources has confirmed it is undertaking a major capital raising to fund its aggressive growth strategy in parallel with a partial sell-down by management to boost its free float and qualify for the ASX 200 index.

Mineral Res farms into Reed's Mt Marion

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Bibra Lake-based Mineral Resources will earn a large share of the profits after it struck a farm-in agreement with Reed Resources over the Mount Marion lithium project in the Goldfields region.

Lion-Asia sweetens offer for Polaris

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Shares in explorer Polaris Metals have risen as a takeover battle for the iron ore miner heats up with Lion Asia-Resources sweetening its cash offer.

Polaris supports higher Min Res offer

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Takeover target Polaris Metals has recommended a sweetened offer from Bibra Lake-based Mineral Resources, which has introduced a cash component.

Sandfire Resources' deal on NT manganese

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Sandfire Resources has entered into an agreement with mining services and contracting company Mineral Resources regarding the exploration and development of manganese ore at its Borroloola Project in the Northern Territory.

Polaris backs Mineral Resources takeover

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Directors of Polaris Metals have recommended its shareholders accept an off-market takeover bid worth up to $67 million from mining services outfit, Mineral Resources, subject to an independent expert assessment and in the absence of a superior offer.

Mineral Resources, Hancock do deal

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Bibra Lake-based Mineral Resources Ltd had a double dose of good news today - it expects to more than double its profit in 2007-08 and has signed of a seven-year agreement with Hancock Prospecting Pty Ltd to develop and operate a Pilbara manganese mine.

Mineral Resources signs $300m construction contract with PMA

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Bibra Lake-based mining services company Mineral Resources Ltd will construct ore crushing and beneficiation facilities worth $300 million for West Perth-based Precious Metals Australia at the company's Windimurra vanadium project.

Mineral Resources signs CITIC JV sales agreement

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Bibra Lake-based mining services company Mineral Resources Ltd subsidiary Process Minerals International Ltd will sell a minimum of 280,000 tonnes of manganese per year to Chinese joint venture CITIC Dameng Mining Industries Ltd under a new sales contract

Mineral Resources announces 55% profit forecast upgrade

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Bibra Lake-based and Michael Kiernan-chaired mining services provider Mineral Resources Ltd announced a forecast 55 per cent profit upgrade at its first Annual General Meeting, held in Perth today.