Mining

West Perth-based Atlas Iron Ltd will sell the non-iron mineral rights of its Abydos and Goldsworthy tenements to West Perth gold explorer Shaw River Resources Ltd for $1.5 million in scrip and the issue of 2.5 million options, the company has announced.

Como-based GME Resources Ltd will commence a trial heap leach program at the Cawse Nickel plant site, near Kalgoorlie, under an agreement with Norilsk Nickel Cawse Pty Ltd, the company has announced.

West Perth-based oil and gas exploration company Baraka Petroleum Ltd has raised $3.3 million through a share purchase plan, with funds raised to help the company fully acquire the La Punta oil field in Colombia.

West Perth-based metals explorer Azure Minerals Ltd has formally applied for the listing of its ordinary shares on the Toronto Stock Exchange's Venture Exchange, the company has announced.

The third quarter profits of West Perth-based Straits Resources Ltd subsidiary Straits Asia Resources Ltd have fallen to a third of 2006 levels after a force majeure and abnormal rainfall, the company has announced.

West Perth-based electrical engineering and control systems group LogiCamms Ltd aims to raise $10 million in its initial public offer, the company has announced.

Moly Mines Ltd has become the latest Western Australian mining company to gain backing from US investment group Harbinger Capital, which has also invested in Fortescue Metals Group, Poseidon Nickel and Po Valley Energy.

As the titans of Pilbara iron ore flirt with each other, Andrew Forrest makes his dreams a reality, and the minnows of sector fight over control of the Mid West’s resources, it’s little wonder that almost $7 billion of new investment plans have gone almos

There may not appear to be much upside for tourists from the surging demand for air services by resources companies, unless of course they’ve always wanted to take a break to the Pilbara, kick around the red dirt, and get a glimpse of some heavy machinery