News Articles

Bulls N' Bears 06 Sep 2024

Inside the race to crack elusive WA nickel-copper code

The race is still on for companies trying to crack the exploration code within Western Australia's rugged Albany-Fraser Orogen in the ongoing mission to reproduce the area's renowned – and only – Nova-Bollinger nickel-copper find. Despite some firms claiming to have defined the geological silver bullet they believed would shoot them to fame, the search for the elusive prize continues.

Bulls N' Bears 17 Jul 2024

Terrain hits cash button to test suite of WA mineral targets

Terrain Minerals is poised to launch a multi-mineral exploration mission at two projects in Western Australia after bolstering its bank balance with a timely $1.045 million raise from sophisticated and professional investors. The raise, including $102,000 from executive director Justin Virgin, smashed its original $750,000 target out of the park as investors scrambled to be involved in the company's upcoming exploration plans.

Podcasts 12 Jan 2024

Mark My Words January 12

Mark Beyer and Mark Pownall discuss Alcoa's refinery closure; Panoramic's shuttered mine; Stockland's retirement living vision; another Creasy deal; a new Yallingup resort, and preview the upcoming magazine.

Bulls N' Bears 03 Jul 2023

St George fires up rig for nickel-copper hunt

St George Mining has fired up the drill rig in its maiden nickel-copper hunt at its Ajana project east of Geraldton in Western Australia's Mid West region. The company is plunging about 3000m into a duo of intriguing geophysical anomalies in the heart of the underexplored Northampton mineral field that is prospective for Julimar-style intrusive-related nickel-copper-platinum group mineralisation.

Mining 12 Aug 2022

Renowned explorer makes Melbourne move

Mark Bennett's exploration venture S2 Resources will relocate from its Osborne Park address in Perth to Melbourne, signalling a shift in focus to its flagship asset in Victoria.

Property 21 Feb 2022

Nedlands site sells for $2m

Ascent Capital's David Steinepreis has sold a property to chemo@home founder Julie Adams.

Mining 20 May 2020

Terry Grammer passes away

Renowned geologist and company director Terry Grammer has passed away after a short-term illness, with former colleagues and industry figures highlighting his role in some of Western Australia's biggest mineral discoveries.

Bulls N' Bears 24 Mar 2020

Legend mobilises for Fraser Range

Legend Mining has kicked off its planned diamond and air core drill campaign at the Rockford Project in the Fraser Range of Western Australia, where drilling late last year hit a near 15-metre long zone grading 1.07% nickel, 0.75% copper and 0.06% cobalt from 114 meters downhole. Legend has outlasted a swag of other juniors in the Fraser Range and is now well blooded for the hunt.

Mining 13 Feb 2018

S2 sells Polar Bear to Westgold

Mark Bennett's S2 Resources has sold the Polar Bear gold project to Westgold in a $9 million partially scrip deal.

Special Reports 04 Dec 2017

Healthy dividend in building wealth

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.

Mining 08 Sep 2017

Nova mine officially opens

Independence Group has officially opened its Nova nickel-copper mine in the Fraser Range, making it the company's fourth producing operation.

Deals 04 Aug 2017

New gold IPO as explorers relist

A new gold exploration company led by former Doray Minerals boss Allan Kelly and backed by Evolution Mining has announced plans to list on the ASX, whilst two other junior miners have joined the bourse after completing backdoor listings.

Infrastructure 22 Mar 2017

Dowling, Boyle join Fleetwood

S2 Resources chairman Jeff Dowling and Clayton Utz partner Stephen Boyle have been named incoming directors of Fleetwood Corporation, while Michael Hardy has retired from board.

Deals 10 Mar 2017

Independence in Fraser Range JV with Orion

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.

Mining 12 Dec 2016

Nickel dispatch begins at Nova

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.

Mining 09 Sep 2016

Big week for Mark Creasy

ANALYSIS: It has been a high-profile week for extremely private explorer Mark Creasy, with two major pieces of news that appear likely to add to his already significant wealth.

Mining 31 Aug 2016

Independence dips into red with $59m loss

Diversified miner Independence Group has booked a $58.8 million net loss for the 2016 financial year, on the back of acquisition costs and lower commodity prices.

Mining 08 Aug 2016

Legend sells Independence stake

Legend Mining has sold its stake in gold and nickel miner Independence Group for $4 million, with the local explorer netting about $2.5 million profit from the sale.

Deals 27 Jul 2016

Independence raises $280m

Gold and nickel miner Independence Group has announced a $280 million capital raising to bolster its balance sheet, making it the largest raising by a Western Australian company for 2016.

Deals 26 Jul 2016

S2 to raise $12m for Polar Bear

Mark Bennett's gold hopeful, S2 Resources, has tapped investors for a $12.1 million capital raising to fund ongoing work at its Polar Bear project near Norseman.

Mining 01 Jun 2016

Bennett leaves Independence to focus on S2

Mark Bennett has left the board of Independence Group to focus his attention on his gold exploration company S2 Resources.

Mining 09 May 2016

Digging deep for resources opportunities

SPECIAL REPORT: There's no doubt the boom has come to an end, but plenty of opportunities and projects remain in play.

Mining 17 Feb 2016

Independence posts $78m loss

Gold and nickel miner Independence Group has posted a first-half loss of $78 million on the back of impairments and the acquisition of Sirius Resources late last year.

Mining 21 Jan 2016

Independence cuts jobs, exploration

Gold and nickel miner Independence Group plans to make about 40 employees redundant after announcing it would cut exploration spending by $20 million in response to weak base metals prices.

Deals 18 Jan 2016

WA deals top $30bn in hit-and-miss year

SPECIAL REPORT: Local firms Azure Capital and Hartleys punched above their weight in 2015 in what was a lucrative year for a handful of top corporate advisers in WA. Click through to see which corporate advisers, lawyers and brokers managed 470 M&A and capital raising deals.