Paynes Find Gold has announced a $4 million capital raising plan to fund an exploration ramp-up at its tenements 420 kilometres northeast of Perth, following months of boardroom upheaval.
Former Perth fertiliser tycoon Pankaj Oswal is facing a contempt of court charge for allegedly releasing confidential information to the press about the receivers appointed to Burrup Fertilisers.
Minerals explorer Sheffield Minerals has launched a $10 million capital raising to fund drilling and exploration programs at its Dampier Zircon and Enneabba mineral sands projects.
Doray Minerals has announced an in-principle native title agreement it says will pave the way for the company to be granted a mining lease over its Andy Well gold project in the Murchison.
Subsea services provider Fugro TSM has won a $100 million-plus contract with Woodside Energy at the North West Shelf project off the coast of Western Australia.
Rox Resources shares have spiked 12 per cent after the company unveiled a maiden JORC-compliant gold resource at its Mt Fisher gold project in the northern Goldfields.
Newcrest Mining has forecast a continuing strength in the gold price after reporting a record high first half profit, driven by stronger gold, silver and copper sales.
Shares in Newcrest, Australia's biggest gold miner, were up 57 cents, or 1.7 per cent, at $43.01.
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