As many as 395 new jobs will be created after Mt Gibson Iron decided to re-start its flooded Koolan Island iron ore mine in the Kimberley.

New Mines Minister Bill Johnston has called on the Federal Government to ensure that the parent companies of mines, or even their directors, remain responsible for the clean-up after the mines are closed.

South 32 has cut its full-year production guidance for several commodities after heavy rainfall at its South African thermal coal operations and an underground fire at its Cannington mine in Queensland.

A WA uranium mining company backed by Andrew Forrest says it would be “flabbergasted” if its plans to develop one of Australia’s biggest yellowcake mines were blocked by the State Government.

Kalgoorlie’s Super Pit has been hit by a production slump just as half-owner Barrick Gold weighs its options for the sale of WA’s most important gold mine.

Neometals will look to sell its stake in the Mt Marion lithium operation to a third party after its project partners Mineral Resources and China’s Jiangxi Ganfeng Lithium Co both waived their options to buy the holding.

BHP Billiton has posted record iron ore production from its Pilbara operations in the nine months to the end of March.

 

Saracen Mineral Holdings has been forced to sweeten its offer for Bundarra Gold Project after Zeta Resources swept in last week and offered US$6.12 ($8.1) million in cash for the project’s owner Bligh Resources.

Resolute Mining boss John Welborn has put his money where his mouth is, snapping up shares in the gold miner after it released a bullish quarterly report yesterday.

Bad weather which caused flooding and port closures across Rio Tinto’s Pilbara network have caused only minimal disruption to production and shipping. 

The mining boom has made some of WA’s resource centres stronger and better prepared but manufacturing areas are struggling with post-boom blues, a report has found.