Latest Western Australia News

A high-resolution airborne survey by PLC Resources has revealed a previously unknown large antiform structure at its Abbotts North Gold Project, opening a significant new exploration corridor in a proven gold belt. Assay results from maiden drilling at Rochefort are expected soon.

VHM Limited has locked in a binding offtake agreement covering 100% of rare earth concentrate from its Goschen Project and secured A$40 million in convertible note funding from Iluka Resources, advancing the project towards final investment decision.

Piche Resources has identified extensive high-grade rare earth mineralisation enriched in critical magnet rare earth elements across a 30 km strike at its Ashburton Project, alongside significant uranium prospects.

Alcoa Corporation has agreed to acquire South32’s bauxite, alumina, and aluminum assets for $4.1 billion upfront plus up to $750 million contingent, significantly boosting its upstream aluminum operations and supply chain resilience.

Great Western Exploration has kicked off a reverse circulation drilling campaign at its Juggernaut copper-gold project in Western Australia's Yerrida Basin, testing six volcanic-hosted massive sulphide targets with strong parallels to the nearby DeGrussa deposit.

Metal Hawk has secured two contested exploration licences at its Mt Percy Gold Project, boosting its presence along the Keith-Kilkenny Shear Zone and expanding its northeast Goldfields portfolio.

Javelin Minerals has replaced milestone shares with performance rights as part of its Central Yilgarn acquisition, capping potential dilution with a floor price mechanism.

Australian Silica Quartz Group (ASQ) has finalized its acquisition of Australian Kaolin, gaining control of the White Swan Kaolin Project with a 47Mt inferred resource and an approved mining plan. The company raised $750,000 to advance development and is targeting export markets in Asia.

Forrestania Resources has secured A$310 million through a two-tranche placement to fund the A$300 million acquisition of the Edna May Gold Hub from Ramelius Resources, advancing its dual processing hub strategy in Western Australia.

Avira Resources has appointed Andrew van Bentum as CEO, bringing over 25 years of expertise to lead its gold and base metals exploration strategy across Western Australia and Sweden.

Nido Education Limited has secured a 12-month extension on its NAB loan facility, increasing available funding by $10 million and raising its bank guarantee capacity to $17.5 million, underpinning its growth in early childhood education.

Norwest Minerals updates its Bulgera Gold Project resource estimate to 191,000 ounces within an optimised open-pit shell, underpinning a promising heap leach development pathway with strong metallurgical recoveries.