Subiaco-based explorer Triton Minerals has secured a funding facility of up to $20 million over two years with Lone Star Investments, to assist in the development of its Nicanda Hill graphite and vanadium deposit in Mozambique.
Perth-based explorer Gold Road Resources will proceed with a pre-feasibility study on its Gruyere project east of Laverton, after conducting a scoping study which found it to be a robust, long life and large-tonnage gold project.
Gold miner Silver Lake Resources has cut its production guidance for the current financial year and reported higher costs, triggering a 23 per cent dive in its share price.
Sirius Resources has chopped $30 million off the cost of developing its Nova nickel project after getting final prices from contractors, including Barminco, which started work at the remote site east of Norseman this week.
With the convention market in Perth showing no signs of slowing, the focus has turned to the city’s largest venues and their capacity to attract major national and international events.
Gold prices have fallen as investors take profits on the metal's recent rally after a victorious anti-austerity party in Greece didn't appear inclined to take the country out of the eurozone.
Oil prices have fallen to fresh six-year lows in New York trade despite a warning from OPEC that prices could surge to $US200 owing to a shrinking investment in exploration.
Three aspiring gold miners have announced an increase in projected free cash flow for their respective projects as a result of the strong gold price, coupled with falling fuel costs.
Perth-based Doray Minerals has confirmed solid growth in gold production and disclosed lower costs in the December quarter, as it moves toward completing its takeover of Mutiny Gold.
Mining entrepreneur Nik Zuks has put four Perth properties up for sale as he deals with the sharp slump in the iron ore market, which has slashed the value of his flagship company Bellzone Mining plc.
Mining and civil engineering contractor Maca has downgraded its full-year revenue guidance by $30 million after Sydney-based miner Arrium said it was closing one of its South Australian mines.
Oil prices have fallen on a jump in US petroleum stockpiles and the surge in the US dollar spurred by the European Central Bank's launch of a massive eurozone stimulus.
The head of gold miner Evolution Mining is confident about the year ahead but is warning the industry against losing its way again as the precious metal's value rises.
Macmahon Holdings boss Ross Carroll, who was one of the highest paid chief executives in Western Australia's contracting sector, has resigned with immediate effect, as the company increases its focus on cost cutting.
Australia's biggest workforce provider, Skilled Group, has rejected a takeover offer from rival Programmed Maintenance Services, saying it undervalues the company.
Oil prices have rebounded a bit from nearly six-year lows as investors took a breather on the eve of a highly anticipated European Central Bank decision on stimulus.
Gold prices nudged lower, ending a seven-day winning streak, as investors reacted to reports of a 50 billion euros ($A75.00 billion) a-month bond-buying proposal by the European Central Bank.
Shares in gold producer Saracen Mineral Holdings were up 14 per cent today after the company's December quarterly report revealed strong production, lower costs and improved cash flow generation.
Troubled iron ore miner Pluton Resources has been restricted from issuing a reduced content prospectus until next year because it failed to comply with reporting and disclosure obligations, the Australian Securities and Investments Commission says.
Mid-tier nickel miners Western Areas and Mincor Resources have released positive quarterly results on the back of lower costs and improved production, with Mincor also defying the industry trend by saying it would increase its exploration spending.
US energy company Apache Corporation’s chairman, president and chief executive Steven Farris announced his immediate retirement today, leaving current chief financial John Christmann to fill the role.
Gina Rinehart's Roy Hill mining operation has had a crane incident while safety inspectors were observing the operation, and has blamed its contractors for serious issues.
Chevron has signed an agreement to sell 4.15 million tonnes of liquefied natural gas from its $US54 billion Gorgon project on Barrow Island to South Korean-based industrial conglomerate SK LNG Trading.
