AusIndustry reverses May decision about research and development tax offsets being ineligible.
Stuart McKinnon
Fortescue Metals Group deputy chairwoman Sharon Warburton will quit the board of the Andrew Forrest-controlled miner at the end of next month.
Daniel Newell
Julian Wright says he didn’t “comprehend the significance” of a letter from late mining magnate Lang Hancock telling him his family owned incredibly valuable ore deposits.
Shannon Hampton
Iron ore heir Julian Wright — who claims his siblings cheated him out of his share of one of WA’s most famous mining fortunes — has admitted he has a limited memory of conversations he had with them.
Mining contractor Macmahon Holdings sees a better finish to the year after first-half profit rise
Sean Smith
BHP deems nickel as a key commodity in a decarbonised global economy.
CEO Simon Hay says customers could not conclude their purchases because of the shutdown of most chemical conversion facilities in China.
The WA gold sector is set to enter a new era of automation with WesTrac and Newmont partnering to introduce driverless haul trucks to the mining giant’s Boddington operation.
WA copper miner set to embark on new development projects overseas.
The surviving son of late iron ore pioneer Peter Wright says he came up with a valuation on the family company in minutes as he considered a sale price for his share of the now billion-dollar company.
Chris Tuckwell has called time on his 11-year run at Perth-based services contractor MACA and will leave the company early next month.
Iluka Resources will retain a key stake in the new entity which will be tasked with acquiring new royalties as part of its business plan.
St Barbara attributed the fall in profit to lower output at its West Australian Gwalia underground mine and its Simberi operations in Papua New Guinea.
Jason Mennell
Julian Wright says the relationship with his Pilbara iron ore pioneer father Peter “deteriorated” after he asked for a $30,000 loan to cover a debt he incurred dealing in bank bills.
A geologist who worked with iron ore pioneers Lang Hancock and Peter Wright says he told one of their heirs that their “very valuable” mining interests “would get royalties for 100 years or more”.
Fortescue Metals Group has rewarded shareholders with a spectacular interim dividend after posting record revenue on the back of record shipments and high iron ore prices.
It came as Apple’s warning about the impact of the coronavirus outbreak fuelled concerns about global economic weakness, driving investors to lower-risk assets.
Group chief Ryan Stokes says while there is good growth in the north of WA, importantly, there is also infrastructure activity in Perth.
Sarah-Jane Tasker
Mike Henry described nickel, copper and potash as ‘future-facing’ commodities that would be essential in a lower carbon economy.
Horizon Gold leaps after Panoramic Resources sells down stake at a premium to Zeta Resources.
Mining services contractor Macmahon is poised to pick up $200 million of new work at Silver Lake Resources’ Mt Monger gold operations in the Goldfields.
The WA miner attributed the improved half-year result to a higher average realised nickel price and continued focus on controllable costs.
New projects and strong prices for key commodities including gold and iron ore are increasing demand for the groups’ services.
The mining giant has announced a 29 per cent jump in first half profit to $US4.87 billion and declared its second-highest interim dividend on record.
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