Sedgman's joint venture operation with Thiess has won a $64 million contract for the design and construction of a modular iron processing plant at Fortescue Metal Group’s Solomon iron ore mine in Western Australia.
Uranium Equities has announced a one for three rights issue and placement to raise up to $1.5 million for its Alligator Rivers uranium field and general working capital.
Rail freight and ports operator Asciano has confirmed that it is in talks over a possible sale of a non-controlling interest in its terminal and logistics business.
Global oil prices have pushed higher after a Malaysian jetliner crashed in rebel-held eastern Ukraine, sparking concerns of an escalation in the crisis in the former Soviet state.
Perth-based Swan Gold Mining has completed a one-for-10 share consolidation as part of a restructuring of the company that it proposes including a capital raising of up to $20 million and debt to equity conversion of more than $29 million.
Potash explorer Elemental Minerals has appointed John Sanders as managing director, replacing Iain Macpherson who will continue as a non-executive director.
Shares in Perth gold miner Minera Gold rose by over 33 per cent after it announced it had signed an agreement to buy the San Santiago gold and copper processing plant in Peru for $US5.5million.
Perth-based Papillon Resources has agreed to amend the terms of its merger agreement with B2Gold to provide a new incentive for some of its shareholders.
Two months after acquiring fraccing technology developer Ecopropp, energy company Coretrack has completed a successful raising of $2 million to advance the new business.
Perth-based gold miner Doray Minerals has agreed to purchase a majority interest in Archean Star Resources’ Gnaweeda gold project in the Murchison region of Western Australia.
Global oil prices have dropped, with the US futures contract sinking below $US100 for the first time since May on receding worries about Iraq supply disruptions.
Perth oil and gas explorer Antares Energy has responded vigorously to claims by one of its major shareholders that it lacked transparency around a major deal and the disclosure of directors’ interests.
Fleetwood Corporation has appointed its current chief financial officer and company secretary Bradley Denison as managing director, following the resignation of former chief executive Stephen Price in April.
Tiger Resources has taken a further $25 million advance payment to help fund construction at tis Kipoi copper project in the Democratic Republic of Congo, under a proposed offtake arrangement with commodity trader Gerald Metals.
Gold prices slipped Friday as traders locked in profits after a sharp rally the day before, but the metal ended the week higher, for a sixth straight weekly gain.
Kalgoorlie-based MacPhersons Resources says its Nimbus-Boorara project near Kalgoorlie will have lower capital and operating costs than previously estimated, according to early findings in the feasibility study on the project.
Global investment bank Pareto Securities has opened its first office in Perth, with plans to supply bond finance to resources companies based in Australia.
Aurora Minerals has executed a three way deal with African Lion and Predictive Discovery, offering African Lion an $800,000 placement and in return receiving a 17.2 per cent slice in Predictive.
Copper producer Aditya Birla Minerals will resume mining activities at its Birla Nifty mine less than four months after it was closed due to a sinkhole.
Balcatta-based Sirius Resources says it's Nova nickel project near Norsemen will cost around $473 million to develop, according to a definitive feasibility study released today.
