Shares in engineering and construction firm Valmec surged on news it was awarded a $5.3 million contract to provide services to the Origin Energy-operated Talinga Gas processing facility in Queensland.
Gold is down a shade, following a brief bout of selling in choppy dealings after the metal had recovered from early losses that pulled it below $US1,200 an ounce.
Iluka Resources managing director David Robb has acquired around $2.5 million of shares in the mineral sands producer under the company’s incentive plans.
Small businesses in the resources sector, which have traditionally relied on reputation and word-of-mouth to secure work, are dipping their toe in a growing pool of SMEs embracing sophisticated online marketing.
In a rare interview, Byrnecut executive chairman Steve Coughlan spoke to Business News about the growth of the low-profile mining contractor into one of WA’s biggest private companies. Click through to see our comprehensive BNiQ list of private companies.
Oil prices fell on Monday on renewed concerns about excess global supplies, with the European benchmark contract falling especially hard following a surge late last week.
Gold has turned lower as the US dollar rose and investors cashed in gains after upbeat Asian demand lifted the metal to two-week highs, with expectations for a rise in US interest rates later in 2015 keeping a lid on prices.
Buru Energy and APPEA have commended the Shire of Broome for its decision to vote down an anti-gas declaration that sought to declare the region frack-free.
Civil contracting and mining services firm NRW Holdings has dipped into the red with a $120.6 million half-year loss, but announced a $330 million contract extension with Middlemount Coal.
West Perth-based miner Metals X has hit back at Northern Star Resources’ bid for Tanami Gold’s Central Tanami project with claims that the deal conflicted with legally-binding obligations.
Workers fear hundreds of jobs are to be cut by mining giant Rio Tinto as it begins a new round of cost cutting by merging its copper and coal divisions.
Gold pared gains after stronger-than-expected US data lifted the dollar and impetus from Chinese buying petered out, but it remained higher after the Federal Reserve indicated this week that it was in no rush to raise interest rates.
Western Australian companies wanting to do business with China will need to modify their approach to deal with increasing competition and a changing marketplace, a leading advisory firm has warned.
The third daughter of late mining heir Michael Wright has succeeded in her bid to extract much more than she was left from his will, with a judge ruling she should get $25 million.
Two of Western Australia's most successful gold miners are competing to gain control of Tanami Gold’s Central Tanami project, indicating the growing investor interest in the gold mining sector.
Capital spending on major mining, energy and infrastructure projects in Australia is set to drop more than 60 per cent over the next three years, according to analysis by ANZ Banking Group.
Perth-based contractor Southern Cross Electrical Engineering has reported a 34 per cent slide in profit to $4.1 million for the six months to December, with the company facing challenging and competitive conditions in the sector.
Fly-in, fly-out workers are increasingly afraid to report mental health issues because they don't want to be made redundant by struggling mining companies, a Western Australian parliamentary inquiry has heard.
Shares in Canada-focused coal developer Coalspur Mines surged after the company announced it had received a $15 million takeover proposal from KC Euroholdings.
Shares in Kerry Stokes' Seven Group Holdings have soared on the firm's plans for a share buy-back and despite a 74 per cent drop in first-half profit to $68.4 million.
