Western Areas has revised its production guidance after the Flying Fox zone at the Forrestania nickel project in Western Australia was affected by resequencing last year.
Western Areas has capitalised on strong nickel trading during the December quarter despite being impacted by lower grades at the Forrestania operations in Western Australia.
Perenti Global has secured more than $307 million in new work and contract extensions with Evolution Mining, Gold Fields, Western Areas and Consolidated Minerals.
Linden Gold Alliance has awarded Mako Mining with a $46 million contract for underground mining services at the Second Fortune Gold project in Western Australia.
Western Areas has progressed construction at the Odysseus nickel mine in Western Australia and expects to mine the first tonnes from the site in the 2021 September quarter.
Keep up with the latest executive movements across the mining sector, headlined by Rio Tinto non-executive director David Constable’s planned departure from the company.
Western Areas has cut its nickel production target for the 2021 financial year due to seismic activity at its Flying Fox underground mine in Western Australia.
Western Areas has awarded Barminco a $200 million development and production contract for the Odysseus project at the Cosmos nickel operation in Western Australia.
Panoramic Resources has found a saviour in Western Areas as part of plans to raise up to $90 million to undertake development activities prior to re-starting the Savannah mine in Western Australia and to repay debt.
Western Areas is completing nickel production as planned, delivering nickel concentrate to local and export customers as normal as it works under new coronavirus policies and procedures.
As social conversations surround the future of mining, with focus on climate change, green batteries, electric vehicles and decarbonising operations, nickel is making a comeback.
Leaders of the resources sector and the Federal Minister for Resources, Water and Northern Australia, Keith Pitt have convened in Canberra to come up with a plan against the impact of the coronavirus outbreak.
Western Areas is tracking well towards its production guidance for the 2020 financial year, thanks to a consistent performance at the Forrestania nickel operations in Western Australia.
Western Areas has awarded offtake contracts to BHP Nickel West and Jinchuan for the high grade Forrestania nickel concentrate product.
Western Areas has resumed operations at the Forrestania nickel mine in Western Australia following a bush fire incident last week.
Western Areas has reported a threatening bush fire in the area of the Forrestania nickel operation in Western Australia.
Nickel prices have surged to the highest levels in five years amidst global supply fears stemming from Indonesia.
Western Areas has boosted its financial position in the 2019 financial year off the back of a higher nickel price and increased sales at its Forrestania operations.
Western Areas has signalled its intentions to ramp up nickel production in response to signs of “tightening supply” of the commodity.
Western Areas continues to expand its Odysseus project in Western Australia through the development of further orebodies, while completing its early works program on schedule.