News Articles for Western Areas

It's called a supply-side surprise and unless the sometimes erratic government of Indonesia changes its mind by Monday, WA's beleaguered nickel-mining industry could receive a welcome boost.

Terry Streeter has resigned from the board of nickel miner Western Areas.

Long-time chairman Terry Streeter has announced he is stepping down from the board of nickel miner Western Areas.

Perth-based Traka Resources has announced it has resolved to carry out a fundraising of up to $1.4 million for its ongoing West Musgraves copper and nickel project in central Western Australia.

Western Areas says its cost-cutting measures have paid dividends amid challenging conditions in the nickel sector.

Western Areas has defied challenging conditions in the nickel sector to deliver an operating profit, but a near-$100 million write-down in the value of its exploration tenements meant the miner boo

Business News for Western Australia. Wednesday July 31. Shanna Crispin reports. Murray & Roberts makes takeover offer for Clough .Western Areas warns of million dollar hit. AHG expands New Zealand footprint and more.

The number of mining industry players taking significant hits to the value of their assets continues to grow, with gold miners Alacer Gold and Silver Lake Resources joining base metals miner Wester

Nickel miner Western Areas says it expects nickel sales and production to be better than anticipated for the 2013 financial year.

HOW does the managing director of an aspiring nickel miner remain positive amid weakening commodities prices and an equities market in decline?

China trade deal scaled back

Nickel miner Western Areas has secured $125 million in debt finance after revising its loan facility with ANZ.

Nickel miner Western Areas has delivered a slim interim profit in the face of a falling nickel price and continued strength in the Australian dollar.

Western Areas has announced a renegotiated offtake deal with China's Jinchuan Group, covering up to 26,000 tonnes of nickel concentrate over a two year period.

THE past 12 months was a lean time for lawyers working in the corporate finance field, with a slump in both takeover deals and capital raisings.

LOOKING at the remuneration packages negotiated by newly appointed chief executives in Perth, there is a common pattern -5 size equals money.

Nickel miner Western Areas has launched a $65 million capital raising to provide greater fiscal flexibility as it continues to explore its opportunities in the state's Forrestania region, south-eas

Nickel miner Western Areas has reported a $94.7 million drop in full-year net profits, a result of the continued weakness in global nickel prices and sustained strong performance by the Australian

Finding big WA winners on the stock market has been hard work during the past 12 months, and even the past five years.

Underground mining specialist Barminco has met all the forecasts it put in last year's draft prospectus but says it is unlikely to revive plans for a stockmarket float for at least two years.

Success hasn't dimmed the enthusiasm of Terry Streeter, Miles Kennedy and a host of others for the challenges of new mining ventures.

Western Areas' new MD is taking a steady-as-she-goes approach, for now.

The High Court has this morning rejected an application for special leave to appeal in the long-running claim by Western Areas Exploration (WAE) against its former directors Terry Streeter and Davi

Nickel miner Western Areas has agreed on key terms with China's Jinchuan Group to sell up to 15,000 tonnes of nickel concentrate over the next year.

Five years of WA salary surveys show some chief executives appear to be remarkably well paid relative to the size of their business and the returns they have delivered, while others offer great value for money.

Western Areas managing director and co-founder Julian Hanna will step down at the end of January, capping off 12 years at the helm of the nickel miner.

FRUIT and dairy producer Harvey Fresh has topped the field in the state's annual industry and export awards.Harvey Fresh took out the Premier's award for excellence.

WA's emerging mining companies delivered spectacular gains last financial year, for the astute investors who picked the right stocks.

Nickel miner Western Areas has awarded an initial three year underground mining contract for its Spotted Quoll project, near Kambalda, to Barminco Mining Contractors.

Western Areas has announced a $56.5 million increase in its interim net profit, as the Western Australia-based nickel miner ramps up exploration to pre-GFC levels.

Patersons Securities has retained top spot in WA Business News' annual survey of capital raisings, followed by Hartleys, Euroz Securities and Macquarie Capital Advisers.

The first shipment of nickel concentrate from Western Areas' Forrestania mine has left Esperance bound for China.

Woodside Petroleum and Western Areas have named internal replacements for their highly regarded chief financial officers.

Nickel miner Western Areas says it received strong interest in its convertible bonds issue that raised $125 million, which will partly be used to pay debts with BHP Billiton and ANZ.

Shares in Western Areas have entered a trading halt pending details regarding a proposed issue of convertible bonds.

Western Areas has declared its first dividend payment after it reported a turnaround to profitability for its first half-earnings due to higher production and improved nickel prices.

Shares in Western Areas rose after the nickel miner said it had exceeded its calendar 2009 production target and made a strong start to 2010.

Kagara has announced the first ore production from its Lounge Lizard high grade nickel sulphide deposit thanks to a joint venture struck just eight months ago with project neighbour Western Areas.

Western Areas has received final ministerial approval for its $36 million Spotted Quoll nickel mine in Forrestania, with Mining and Civil Australia due to start site work later this month.