After ushering in a deal to get the Thunderbird mineral sands project off the ground, CEO Bruce McFadzean will give up the role to take a seat on the board.
Ousted Mineral Commodities chief executive Mark Caruso enjoyed remuneration of almost $1.6 million in 2020 as he braced to fight charges that could have landed him in jail for up to 20 years.
The money will complete the funding puzzle for the mineral sands project near Shark Bay as the company heads towards a final investment decison next month.
Aspiring mineral sands miner now has only equity component to complete the funding puzzle for its flagship Coburn project near Shark Bay.
The new joint venture will complete a final bankable feasibility study for Thunderbird ahead of the completion of project finance arrangements over the coming months.
Iluka Resources has posted a 46 per cent drop in full-year underlying profit after demand and sales of its products were hit by the pandemic and a dispute with a major customer.
The mineral sands miner will join a select group of companies to voluntarily return the Federal Government’s pandemic handout.
Japanese-owned mineral sands producer Doral has been given a conditional environmental nod to develop the Yalyalup project about 11km south-east of Busselton.
WA’s booming resources sector is concerned projects could be delayed if government approvals slow over the Christmas holidays and in the ensuing caretaker period.
Andrew Forrest has triumphed in a last-ditch Supreme Court bid to stop the McGowan Government intervening in a sand miner’s application to explore his beloved Minderoo Station.
A Chinese entity will take a 50 per cent stake in a proposed mineral sands project in the Kimberley after the Foreign Investment Review Board says it has no objection to the investment.
Deterra has been split off from the mineral sands miner as a vehicle to hold a lucrative royalty stream from BHP’s Mining Area C in the Pilbara.
Newly listed Suvo Strategic Minerals strikes deal with farmer for White Knight kaolin project in the Wheatbelt near Koorda.
The billionaire’s six-year battle to keep Quarry Park off his beloved Minderoo Station could come down to how well the sand miner pegged out its proposed prospecting areas.
Iluka last year collected $85m in royalties from BHP, with that figure set to almost treble to $224m once South Flank becomes operational.
Mineral sands miner cancels interim dividend amid global uncertainty in demand for its products.
Indus pleaded guilty to failing to provide a safe working environment in which a contracted employee was not exposed to hazards.
The joint venture, which will allow Sheffield to fully fund the $478m Thunderbird project, is subject to approval by a Federal watchdog that has recently knocked backs similar deals.
The company has announced a joint venture that involves it hiving off 50 per cent of its flagship Thunderbird mineral sands project in exchange for a big cash injection.
The cash will be used for site establishments and early works construction, general working capital, project financing activities and placement costs.
As WA mineral sands miner reveals it received JobKeeper payments and tax deferrals after COVID-19 pandemic hit global demand, prices for zircon.
WA mineral sands miner says it is in negotiations with two synthetic rutile customers over take-or-pay commitments.
Low interest loan from Federal Government all but guarantees start on Coburn mineral sands project near Shark Bay.
Aspiring mineral sands miner close to pressing button on $257m Coburn project near Shark Bay.
© West Australian Newspapers Limited 2020