Latest Western Australia News

Black Canyon Limited reports breakthrough metallurgical test results from its Wandanya Project, producing manganese concentrates between 48% and 50% Mn, surpassing premium industry benchmarks. The findings pave the way for further exploration and potential commercial development.

E79 Gold Mines has identified promising new drill targets at its Laverton South Project following significant gold mineralisation results from neighbouring Kalgoorlie Gold Mining Ltd. The company plans to initiate aircore drilling in the March Quarter to test these high-potential zones.

Swift Networks Group has inked a three-year, $804,191 contract with Shell to provide its Swift Access platform and ongoing support for the Prelude FLNG facility, marking a significant expansion in its oil and gas sector footprint.

Nexus Minerals has launched an 11,000-metre aircore drilling program at its Wallbrook Gold Project, targeting promising new and existing gold prospects with assay results expected by April 2025.

Vulcan Steel Limited reported a 12.6% revenue decline and a 64.8% drop in net profit for the first half of FY25 amid challenging market conditions. Despite this, the company achieved a 10% return on capital employed and is positioning itself for growth as economic recovery signs emerge.

SGH Ltd has reported a robust half-year performance for the period ending December 31, 2024, with revenue up 2.2% and net profit soaring 174.5%, underpinned by strong operational segments and strategic acquisitions.

Poseidon Nickel Limited’s shares have been suspended from trading following court approval of Horizon Minerals’ acquisition scheme, marking a pivotal step in the nickel miner’s corporate evolution.

Poseidon Nickel and Horizon Minerals have officially completed their merger via schemes of arrangement, with Poseidon shares suspended and scheme consideration set for distribution next week.

Zenith Minerals has secured Program of Work approval to launch a new drilling campaign at its Dulcie Far North gold project, following a 40% resource increase. The company is also advancing development studies and exploring multiple new regional gold targets.

Auric Mining has extended its due diligence period for acquiring the Burbanks Plant in Coolgardie, signalling ongoing interest in expanding its gold operations.

Mt Malcolm Mines NL has completed bulk sampling at its Golden Crown Prospect, recovering 218 ounces of gold doré from high-grade material and generating over AUD$835,000 in revenue. The company is now advancing resource estimations and planning future mining strategies.

Emerald Resources NL has increased the Ore Reserve at its Okvau Gold Mine by 245,000 ounces, lifting total reserves to 700,000 ounces and global resources beyond 3 million ounces. This update underpins the company’s ambition to become a multi-mine gold producer.