Bellevue Gold posts record cash flow

For the US, controlling key resources is now almost indistinguishable from power projection.

Weir confirms completion of Micromine acquisition Mining technology giant Weir has announced that it has completed the acquisition of Mining Software Holdings (Micromine), a global leader in mining software solutions, for $1.3b. WA based Micromine provides intuitive software solutions for the mining and exploration industry with more than 22 offices globally and operates in more than 90 countries. Weir strives to utilise mining technology to help customers in the resource sector operate at their highest productivity and lowest environmental impact. Weir chief executive Jon Stanton said that the company is delighted by the formal completion of the acquisition. “Micromine is a high performing, high...

MinRes completes sale of Yilgarn Mineral Resources (ASX: MIR) announced yesterday that it has completed the sale of its Yilgarn Hub iron ore assets, located in WA, to Yilgarn Iron Investments (YII). Under the sale terms, YII has acquired all tenements and other land interest across the hub, associated approvals and licenses, entitlements and fixed assets including Koolyanobbing, Windarling, Carina and Parker Range. YII has also assumed all current environmental, closure and rehabilitation liabilities across the Yilgarn Hub. Following a feasibility study on...

Record jobs growth in WA mining Employment in WA’s resource sector has reached record heights, marking eight consecutive years of employment growth within the industry. The WA Government has attributed the continued growth to strong mineral and petroleum sales totalling more than $223b and the continued development of iron ore, gold, lithium, nickel and alumina operations across the state. Last year, iron ore dominated mineral sales totalling $128b, the third highest ever recorded by the state, driven by strong prices and the production of near-record volumes. Gold also hit a record $24b in sales amid a stellar price environment. The state also saw the highest value...