Latest Western Australia News

Sheffield Resources has negotiated a waiver and deferral on senior loan repayments for its Thunderbird Mineral Sands Mine, while ongoing discussions with lenders aim to restructure project finance amid uncertain shareholder funding.

Accent Resources reports metallurgical testwork confirming high-grade magnetite concentrates at coarse grind sizes, advancing its Magnetite Range Project towards green steel markets.

Mount Ridley Mines has entered a Material Transfer Agreement with Lawrence Livermore National Laboratory to explore rare earth element processing, marking a strategic move in critical minerals downstream development.

Boab Metals has exercised its option to acquire 100% ownership of the Sorby Hills Silver-Lead Project, fully funding the venture and targeting first production in the second half of 2027.

Star Minerals Limited has requested an extension to its voluntary suspension on the ASX as it awaits a Supreme Court ruling on the appointment of its auditor, with a market update expected soon.

Rox Resources has increased its Share Purchase Plan to A$18 million following strong retail demand, complementing a $200 million institutional placement to fully fund the Youanmi Gold Project development.

McLaren Minerals has acquired the Barossa mineral sands project from Iluka Resources, adding a high-grade zircon-rich asset to its portfolio. The project offers promising prospects near a tier-one mine with structured payments tied to development milestones.

Ausgold Limited’s latest Definitive Feasibility Study update for the Katanning Gold Project confirms a robust, low-risk operation with strong economics and a decade-long production horizon. The company has cleared key land access hurdles and launched an extensive drilling campaign to underpin future growth.

Gateway Mining's initial aircore drilling results reveal a broad and promising gold system at the Mustang-Pony Trend, with multiple high-priority targets identified for follow-up in 2026.

Ausgold Limited has successfully completed a Share Purchase Plan, raising $10 million after scaling back oversubscriptions, contributing to a total $90 million capital raise for its Katanning Gold Project development.

Austal has won a A$135 million contract extension to build two additional Evolved Cape-class Patrol Boats for the Australian Border Force, expanding its fleet and reinforcing maritime security capabilities.

Southern Cross Electrical Engineering Limited has landed $90 million in new contracts spanning battery storage, education facilities, and water infrastructure, reinforcing its foothold in key growth sectors.