Administrators for Michael Fotios’ collapsed Eastern Goldfields have revealed the company owes creditors about US$46 ($65) million.

The Federal Government has joined the push for Australia to become a major processing, manufacturing and trading hub for lithium-ion batteries.

The $60 million merger of Kalgoorlie juniors Intermin Resources and MacPhersons Resources has emerged as the latest example of frenzied consolidation at the small end of WA’s gold sector.

The South Australian town of Whyalla is forecast grow fourfold with British industrialist Sanjeev Gupta unveiling plans for the biggest steelworks in the western world.

BBI Group has pushed back a deadline for its $6 billion iron ore Pilbara port and rail project by 18 months and reported poor drilling results.

Sheffield Resources is raising at least $19 million to develop further its Thunderbird zircon-rich mineral sands development on the Dampier Peninsula between Broome and Derby.

Tempo Australia’s biggest shareholder Guido Belgiorno-Nettis has been appointed Chairman of the contracting company, just weeks after resigning from the board.

Kidman Resources has removed a hurdle for its Mt Holland lithium project, settling with parties that had looked to forfeit its tenements near Southern Cross.

Anton Billis’ Rand Mining unsuccessfully argued that $50 million in shares stripped from the gold miner should instead be distributed to its shareholders.

Pindan has won a $45 million contract to build a construction camp for Rio Tinto’s Koodaideri iron ore project.

Tribune Resources has stated an ambition to become “a significant mining house” after announcing a surprise $30.5 million acquisition in the Philippines.