Matt Mckenzie

Gold explorer and developer Doray Minerals will take an earnings hit of between $40 million and $50 million due to a fall in the Australian dollar gold price.

Drilling services and products supplier Imdex has been hurt by subdued activity in the minerals sector, with a net loss after tax of $5.3 million.

Oil and gas exploration company Carnarvon Petroleum has announced a major oil discovery on the North-West Shelf, which it claims represents the largest in Australia for 30 years.

Gold and mineral explorer Golden Rim Resources has announced a $3 million placement, managed by Sprott Private Wealth, for exploration in Burkina Faso and working capital.

Cattle production was an Australian record in the June quarter, according to the Australian Bureau of Statistics.

Nickel miner Mincor Resources has released its full year results, revealing a net profit after tax of $1.85 million, a turnaround of more than $20 million from the previous financial year.

Black Fire Minerals has completed an $810,000 share placement to complete its reverse takeover of mobile game developer Animoca Brands Corporation.

Lend Lease has been selected to expand the Kwinana Freeway south of Roe Highway, in a $62 million contract announced by the state and federal governments today.

VDM Group has responded to rumours it will acquire mining rights at an Angolan copper project by saying the potential acquisition is incomplete with no certainty on its terms.

Iron ore explorer Gindalbie Metals has flagged a $640 million hit to its investment in Karara Mining, after it completed a review of its assets.

Exploration and development company Cape Lambert has announced it will return almost $25 million to shareholders, just a week after a successful settlement with the Australian Tax Office.

Two of Perth’s hospitality suppliers, Hisco and NFE, have announced a merger today in a move they hope will make them an industry leader.

The state government’s Mining Rehabilitation Fund initiative has met with almost unanimous industry uptake, Mines and Petroleum Minister Bill Marmion said today.

Commercial property holder BWP Trust has announced a 22.4 per cent increase in distributable profit to $92.8 million in its full-year results report today.

Two Perth-based resources juniors, Jameson Resources and Merah Resources, have entered trading halts today.

Oil and gas technology company Coretrack has secured ownership of a high-tech drilling rig after a legal battle with intellectual property licensor Strange Investments.

Hiring and investment is down in Kalgoorlie-Boulder as confidence falls in the wake of clouds overhanging the gold-mining industry.

Dampier to Bunbury gas pipeline owner DBP Transmission has completed negotiations with a majority of customers that use its pipeline, in a move it says will reduce its long term risk profile.

West Perth-based coal miner Continental Coal has announced a non-renounceable $35.1 million rights issue as part of a recapitalization and restructure.

Brockman Mining chief executive officer Peter Luk has resigned today after conviction in a Hong Kong court yesterday.

Local Government Minister Tony Simpson has used a speech to the Western Australian Local Government Association AGM to urged councils to reform and harmonise regulations across the state.

Iron ore explorer Sundance Resources has emerged victorious in the Supreme Court today after a damages claim was dismissed, but the Perth-based company will be in court again next year for a furthe

Housing Minister Bill Marmion has marked the construction of the 150th home under its community housing growth strategy by announcing the government is well ahead of schedule on its plan to deliver 20,000 affordable housing opportunities by 2020.

Legend Mining has completed the $17.5 million sale of its Ngovayang project in Cameroon to a subsidiary of India’s Jindal Steel and Power.

New vehicle sales in Western Australia have fallen 8.1 per cent year on year, according to a report from the Federal Chamber of Automotive Industries.

At its meeting today, the Reserve Bank of Australia left the cash rate unchanged at 2.5 per cent, with Governor Glen Stevens flagging a period of stability in interest rates.

The state government has announced completion of an upgrade to the South Headland wastewater treatment plant, a major part of the $120 million overhaul of the Headland water system, on the same day that it revealed the Pilbara’s West Canning Basin could produce enough water annually for 350,000 people.

AngloGold Ashanti has become the first gold miner to sign up to the Fifo Families social support and education program for fly-in, fly-out workers.

Western Australia’s billion dollar agrifood export business with China has received another boost with the signing of a cooperation agreement between V & V Walsh and Grand Farm.

Infrastructure, energy and resources service provider Resource Development Group has jumped 275 per cent today on news it will acquire Perth-based Central Systems.

West Perth-based Western Areas has begun the tender process for nickel concentrate offtake that will be available after the expiry of its contract with Jinchuan Group later this year.

Horizon Oil has called on Roc Oil Company to terminate their merger agreement after board members at Roc unanimously recommended a takeover from Fosun International.