A respected Fraser Institute annual survey has shown WA and other Australian states have slipped down the international rankings in terms of their attractiveness as a mining jurisdiction.
The mineral sands major is now considering expanding beyond selling concentrate into full-scale refining.
The miner and its Pilbara iron ore rivals are riding an unexpectedly strong price rally that has fattened profits and dividends.
Shares in Sandfire Resources have surged to a 52-week high on bullish talk by the company’s managing director Karl Simich on copper prices.
Iluka Resources has posted a 46 per cent drop in full-year underlying profit after demand and sales of its products were hit by the pandemic and a dispute with a major customer.
The Andrew Forrest-controlled company is the latest Pilbara iron ore miner to become involved in a controversy over an Aboriginal heritage site in the Pilbara.
The McGowan Labor Government has promised not to lift the 2.5 per cent royalty rate for gold if it wins next month’s State Election.
South African base metals aspirant will use the cash to begin early works on its Prieska copper-zinc project and complete the acquisition of the Okiep copper project.
Silver Lake Resources has boosted first-half profit by 48 per cent after lifting gold production and the average price it received in sales of the precious metal.
Fresh from wrapping up a $16b merger of his Northern Star Resources with Saracen Mineral Holdings, Bill Beament has turned his attention to a Pilbara explorer with a big cash injection.
State Mines Minister Bill Johnston has made an emergency dash to the Goldfields to stamp out gold royalty hike speculation he describes as a “smear campaign”.
West Australians are shunning potentially lucrative jobs in mining and resources in favour of education and health-related occupations, according to a new report
Ramelius Resources boss Mark Zeptner has attributed the gold miner’s receding share price to the cyclic nature of investment markets.
Former prime minister Malcolm Turnbull will become chair of Fortescue Metals Group’s Australian green energy arm.
Danielle Le Messurier
Mining giant BHP is investigating how an Aboriginal heritage site located at one of its West Australian iron ore mines was damaged.
The company told the Banjima people of a rockfall at the site in January, but it is not yet known if mining activity is to blame for the disturbance.
The mining contractor warned COVID-19 headwinds would continue into 2021 after its first-half result took an $88m hit on its exit from West Africa.
Boss Michael Finnegan is upbeat on the contractor’s future, noting a robust outlook for the resources sector driven by high commodity prices and supportive capital markets.
The nickel miner’s boss Dan Lougher says workers are much more likely to “jump ship” for more money than they were a year ago.
Mine closure costs and foreign exchange losses have clipped MACA’s otherwise solid first-half results which included a near 30 per cent surge in revenue.
The WA gold miner says its operations in the Central Murchison are near to returning rewards to investors.
Annual report reveals big exit payouts for Rio bosses forced out by investor backlash over blasting of ancient Pilbara sites.
The raising by the aspiring rare earths miner provides it with enough funding for the $124m equity component of its $449m Yangibana mine in the Gascoyne region.
SPINIFEX: Investors marked down the aspiring gold miner last week on its feasibility study but the company still has fundamentals in its favour.
© West Australian Newspapers Limited 2020