Fraser Beattie

Perth explorer Buru Energy has received a $20 million backing by Gordon Martin’s Coogee Chemicals in its $40 million capital raising to fully fund its 2015 work portfolio.

Otto Energy says the sale of its Galoc oil field assets in the Philippines to Singapore-based energy company Risco Energy Investments for $113.4 million will help fund exploration activities for two years and return capital to shareholders.

Australia Minerals and Mining Group has chosen its Meckering aluminous clay deposit as the key supply of feedstock material for its HPA chemicals project, which will be located north of Perth.

Iron Ore Holdings confirmed today that its second-largest shareholder 3rd Wave Investors, Brettney and Annie Fogarty’s investment vehicle, has accepted BC Iron’s $256 million takeover bid for IOH.

Saracen Mineral Holdings announced this afternoon that an employee of an unnamed contractor passed away overnight in his room at the accommodation village of the company’s Red October mine.

Two Perth-based minerals explorers announced today that their placements had received commitments from investors, worth a combined $3.6 million in total.

Mines and Petroleum Minister Bill Marmion has announced that Western Australia will play a key role in settling global safety standards for emerging remote controlled mining machinery.

Wesfarmers-owned Coles has received approval from the Australian Competition and Consumer Commission for its proposed acquisition of three Metcash-owned Progressive Supa IGA supermarkets, but is yet to make a decision on the fourth.

Former CSIRO energy group executive Dr Tom Hatton has been appointed to the board of the Environmental Protection Authority, along with Elizabeth Carr, who has been reappointed as deputy administrator.

Neon Energy chairman Alan Stein has warned the company’s shareholders against taking any action towards a takeover bid it received earlier in the month.

AngloGold Ashanti’s plans to raise $2.3 billion and create a London-listed entity to separate its international and South African assets have fallen through after its shareholders knocked back the proposal, leaving the gold miner with a high debt burden.

Shares in struggling uranium miner Paladin Energy fell 5 per cent at the close of trading today after it announced that production for the September quarter could suffer a further 7.5 per cent shortfall.

Construction and contracting giant Leighton Holdings announced today that its John Holland subsidiary has been awarded a contract for the design and construction of the Ravenhall Prison in Melbourne, for an undisclosed amount.

Black Fire Minerals has entered into a sale agreement for its Pilot Mountain tungsten project in the US state of Nevada to South Australian-based Thor Mining for about $1.67 million.

Woodside, WorleyParsons and KBR were awarded the overall prize at the 2014 WA Engineering Excellence awards last night for their project entry, the $5 billion North Rankin Redevelopment project, which exports gas to the Karratha gas plant.

Shareholders of Africa-focused Papillon Resources voted almost unanimously in favour of a $615 million takeover by Canadian-based B2Gold at a scheme meeting held this morning.

A joint venture between Viento Group and indigenous-owned Kimberley Pipelines has been awarded a $9.8 million pipeline construction works contract for the first stage of Fortescue Metals Group’s North Star magnetite project in the Pilbara..

The Chamber of Commerce and Industry WA has hit back at unions who have called for a parliamentary inquiry into the Gorgon project.

Perth mining contractor Barminco has won an extension to its contract with miner Western Areas to carry out $190 million of underground mining development and production activities at its Spotted Quoll and Flying Fox nickel mines.

The federal government has raised the National Terrorism Public Alert level from medium to high based on advice from security and intelligence agencies, but says it was not based on knowledge of a specific attack plan.

Silver Lake Resources founding managing director Les Davis will step down from his role in November, leaving current executive director Luke Tonkin to fill his shoes.

BC Iron is one step closer to completing its $256 million takeover bid for the Kerry Stokes-backed Iron Ore Holdings, after major shareholder Australian Capital Equity yesterday accepted the offer.

Freight operator Aurizon has received exclusive rights to develop the rail and port infrastructure for a major Pilbara iron ore project in which it is a partner.

Gold producer AngloGold Ashanti has announced plans to separate its South African assets from its international mining assets through London-listed NewCo, whilst contemplating a rights issue to raise $2.3 billion to fund the restructure and pay off debt.

Perth minerals explorer Gunson Resources has agreed to acquire a 100 per cent interest in mineral sands firm Strandline Resources for $2.5 million, and will assume the name of its target as it expands its focus in offshore assets.

Fremantle-based Carnegie Wave Energy says its $31 million Perth Wave Energy project is close to the commissioning stage after completing offshore preparations and testing its CETO technology.

Perth explorer Promesa says it will place up to 40 million shares at 2.5 cents per share to raise $1 million.

Perth civil engineering contractor Macmahon Holdings has secured a $317.5 million three-year funding facility, upsized from $280 million after the book-build closed oversubscribed.

The state government has moved to introduce legislation validating environmental approvals for 25 resources projects, including BHP Billiton's Jimblebar iron ore project and Macedon gas development, thrown into doubt by a review of the independent Environmental Protection Authority’s conflict of interest procedures.

IMX Resources has sold its iron ore operations in South Australia to Perth-based Cu-River Mining for $3.68 million, shifting its focus solely on its Tanzanian projects.

Construction contractor Brierty has declared a fully franked special dividend of 8 cents per share, while resolving to raise up to $8.25 million through a 16.5 million share placement.

Aberdeen-headquartered energy services firm Wood Group PSN has won a contract with Woodside to provide engineering and construction management services at its Karratha Gas Plant Life Extension program, for an undisclosed amount.