Ausdrill has flagged another profit writedown of as much as $80 million, as it warns the recovery in the mining services sector will be slower than previously expected.
Nickel miner Sirius Resources is close to securing $1.5 billion for its Nova nickel project after striking a native title deal with traditional owners.
Thousands of Bluestone Global workers have lost their jobs after the Melbourne-based mining services provider went into administration and its subsidiaries into liquidation.
Engineering group Downer EDI has lifted its full-year profit almost 6 per cent, despite a slide in revenue from across its infrastructure, mining and rail businesses.
In November 2008, the newly installed state Liberal government officially dropped Western Australia’s ban on uranium mining, paving the way for the development of a new sector.
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.
Technology giant Siemens has announced plans to develop a new service centre at Perth International Airport to provide maintenance and repair facilities for its customer base in the water, mining, oil and gas and associated industries.
Construction and mining services company Watpac has won a contract to provide services to Hanking Gold Mining’s Cornishman pit at its Southern Cross operation.
Nido Petroleum directors have unanimously recommended off market takeover bid by BCP Energy International, subsidiary of Thai oil refinery Bangchak, for 5.5 cents per share.
Western Australian based stocks rose 18.9 per cent in the twelve months to Hune 30, but most of the gains were in the first six months of that period, according to the Deloitte WA Index released today.
Gold futures have ended higher, erasing the previous day's losses, after a lacklustre US labour market reading fanned trader interest in the protective asset and eased jitters over higher interest rates.
US-based oil and gas company Apache Corporation has admitted it intends to completely exit liquefied natural gas projects, including its 13 per cent interest in Chevron’s Wheatstone project.
Cape Lambert has reached a settlement with the Australian Tax Office regarding its $96 million tax dispute, agreeing to make a final net payment of $2.4 million.
Gold miner St Barbara might sell its Gold Ridge operations in the Solomon Islands, where production has been suspended since 3 April due to Tropical Cyclone Ita’s torrential rain and flooding.
The Maritime Union of Australia has called off a strike at Mermaid Marine's Dampier supply base, saying recent constructive talks will hopefully lead to settlement of a new enterprise bargaining agreement.
Oil prices have fallen, putting the US benchmark futures contract within a whisper of $100 a barrel despite a larger-than-expected decline in US crude supplies and heightened geopolitical tensions.
