Pit N Portal Sale To Emeco Complete

Mining services provider Pit N Portal has now officially merged with Emeco. A deal that was previously announced but confirmed today. According to Emeco Managing Director and CEO Mr Ian Testrow “Pit N Portal has a highly complementary business model which provides a comprehensive hard rock underground equipment services offering and more than doubles our …

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Lynas New Malaysian Licence Confirms Kalgoorlie Plant Timeline

Lynas Corporation has announced a new three-year operating license in Malaysia which will take its operation to March 2023. There are however some key conditions placed on the license and these include: Lynas to begin the process of developing the Permanent Disposal Facility within the first year from the date of the approved license. Lynas …

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Professor Announced As 2020 Diggers And Dealers Keynote Speaker

A former advisor to President Nelson Mandela, a key author of twenty one books and a previous Principal Economist at the EBRD (European Bank for Reconstruction and Development) has been announced as the Diggers and Dealers key note speaker for 2020. Professor Ian Goldin. Professor Goldin specialises in economics and has numerous credentials on the …

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Round 21 Exploration Incentive Scheme Opens

Minister for Mines and Petroleum Hon Bill Johnston, has opened Round 21 of the Exploration Incentive Scheme in Fremantle.┬áThe scheme provides $5 million a year to encourage innovative drilling in greenfields and under-explored areas of the State. Explorers can receive a refund of up to 50 per cent for innovative drilling projects, with caps of …

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GBF Receives Conditional Letter Of Intent For Mount Monger

GBF Group, which has recently been acquired by Macmahon Holdings Limited (ASX:MAH), has received a conditional letter of intent from Silver Lake Resources (ASX:SLR) to continue work at its Mount Monger Gold operation. The deal is worth around $200 million. Macmahon has been operating at Mount Monger since 2014 and also provides mining services to …

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Ex Tropical Cyclone Damien Delivers Rain To Dry Spots

The remnants of ex Tropical Cyclone Damien is being experienced across the Goldfields and Salt Lakes Districts. Main Roads has issued a warning to motorists to exercise caution travelling the Goldfields Highway north of Kalgoorlie. The road is open, but floodways may have water across them. DFES has issued a warning to prepare for flooding …

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Small Business Benefits From Resources Sector Giant

Industry giant, Rio Tinto has announced it will move towards having shorter payment terms for Australian supplies in a bonus for small to mid sized businesses. This will see businesses with less than $10 million in turnover paid by Rio within 20 days from the invoice date. The announcement this morning has big benefits for …

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