Everest Metals Corporation boss Mark Caruso has welcomed news that the company's membership application to join the US Defence Industrial Base Consortium has been approved.
Mineral Commodities will hand over more than $1.5 million to former boss Mark Caruso as part of a secret settlement, after he launched three court actions against the company.
Mineral Commodities (MRC) is facing its third lawsuit from former boss Mark Caruso, who claims he and his company Zurich Bay Holdings are owed a total of $2.2 million in entitlements.
Mark Caruso has launched legal action against former employer Mineral Commodities for allegedly refusing to surrender confidential information he claims it downloaded from a hard drive without permission.
Mineral Commodities Ltd has sacked its chief executive and major shareholder Mark Caruso over a related party matter, five months after he stepped down as executive chairman.
Mineral Commodities will move to 90 per cent ownership of the Munglinup graphite project in Western Australia after striking a deal worth $9.8 million with joint venture partner Gold Terrace. It comes after completion of a definitive feasibility study that put a $US61 million cost on the project.
Mineral Commodities (MRC) has acquired Norwegian company Skaland Graphite, which the Welshpool-based miner said was the owner of the world's highest grade flake graphite operation.
Mondium, a joint venture between local contractors Monadelphous and Lycopodium, has secured an early start engineering contract at Mineral Commodities' (MRC) Munglinup graphite project.
Listed company Mineral Commodities has signed a memorandum of understanding to assess the use of Doral's fused alumina plant in Kwinana for downstream processing of natural flake graphite from its proposed mine in WA's great southern region.
Welshpool-based Mineral Commodities has signed an agreement with Gold Terrace to earn-in to the Munglinup graphite project West of Esperance in a part cash, part scrip deal worth about $4.6 million.
Australia's resources-led economic recovery has had a major impact on the pay of WA-based executives, with a big rise in the number of million dollar pay packets as share prices bounced back from GFC lows.
HE role of chairman at Australian public companies has traditionally been reserved for experienced industry professionals tired of working in an executive capacity and who are keen to bring an independent viewpoint to the company boardroom.
The spectacular rise in Fortescue Metals Group's share price since chief executive Andrew Forrest took the reins has made the iron ore developer the top performing Western Australian stock over the past five years.
Plans by listed mining company CI Resources Ltd to revive its fortunes by appointing new directors, including former state development minister Clive Brown, have suffered a major setback after the federal government rejected plans for new mining leases on
The extraordinary saga surrounding Christmas Island mining company Phosphate Resources Ltd has taken a surprising new twist, with Perth mining executive Mark Caruso failing to secure a board seat.
LISTED investment vehicle Asset Backed Holdings is set to become a mining and industrial house doing business with China following a major change of its board, including the additio
