South32 chief executive Graham Kerr says he is confident the diversified mining company will be ready to operate as an independent entity later this month, after BHP Billiton shareholders strongly endorsed the demerger.
Gold prices edged down on Wednesday, as the impact of higher US real yields counteracted the effects of a sharply weaker dollar, soft US data and doubts the Federal Reserve will raise interest rates at its June meeting.
Oil prices have scored new 2015 peaks after weekly data showed US commercial crude stockpiles unexpectedly slumped in the first decline in four months.
West Perth-based oil and gas explorer Orca Energy has announced former mining magnate Nathan Tinkler will be its new executive chairman after participating in the company’s $20 million capital raising.
Engineering and construction firm Valmec has won a contract to supply its services to APA Group’s $140 million Eastern Goldfields Gas Pipeline project for an undisclosed sum.
US oil prices have shot up above $US60 a barrel for the first time this year as reports of rising tensions in petroleum-producer Libya fuelled bullish momentum.
Subiaco-based Atrum Coal has signed a deal with a Chinese enterprise that will provide a $US100 million ($A127 million) facility and mining equipment to develop a section of its flagship Groundhog anthracite project in Canada.
Oil prices have drifted lower, with the market lacking major news for direction as traders continue to worry about abundant global supplies of crude oil.
Two local enterprises have joined forces to leverage off each other’s niche offerings amid a declining resources sector and limited growth opportunities for indigenous businesses.
AN iron ore price bounce of almost 30 per cent from 10-year lows earlier this month will no doubt bring some relief to many in the industry and in the Department of Treasury.
Engineering firm Clough and its recently acquired US subsidiary CH.IV International have been appointed owner's engineer on the planned Magnolia LNG project in the US state of Louisiana.
Marine services provider MMA Offshore said it was progressing towards its previously announced $15 million cost savings target, while the company suffers reduced demand and lower fleet utilisation.
Road haulage business McAleese Group has flagged a number of impairments and a significant hit to its earnings as it prepares to recommence haulage services at Atlas Iron’s Abydos and Wodgina mines this month.
Gold fell to a six-week low on Friday as the dollar strengthened on US economic data and investor sentiment was undermined by longer-term expectations for a US rate rise.
CBH Group signed an interim access agreement with Brookfield Rail "under protest" late on Friday, allowing CBH to start running its rolling stock on Brookfield's rail network, but the two companies
Former gold explorer International Goldfields has become the fourth Western Australian company to move into the cannabis industry, with the acquisition of Uruguayan business Winter Garden Biosciences.
Macmahon Holdings has received a $19 million settlement almost two years after its shaft sinking project at Glencore’s CSA copper mine in New South Wales was terminated.
Evolution Mining has bought a large stake in a local gold mining company with tenements near La Mancha's mines and processing plant near Kalgoorlie, which Evolution is also buying.
Gold fell two per cent on Thursday after better than forecast US jobs data encouraged investors to sell the traditional safe-haven market, reviving expectations the Federal Reserve could raise interest rates soon.
The competition watchdog has decided against pursuing Fortescue Metals Group chairman Andrew Forrest over comments he made at a business dinner last month, in which he called on iron ore producers to cap production.
Executives of oil and gas producer Santos have narrowly avoided a first strike by investors protesting against their salaries as its shares and the oil price fall.
Perth-based Swick Mining Services says it made a number of redundancies to minimise costs during the March quarter and plans to make an impairment adjustment at year’s end, despite an increase in demand for underground drilling from its existing clients.