Beadell Resources says it has received commitments to raise $57 million, which will be used to complete the acquisition of a Brazilian company that hold the rights to a gold project and an iron ore royalty.
Cape Lambert Resources has cleared a key hurdle in the sale of its Lady Annie copper operation to China Sci-Tech with the Foreign Investment Review Board today approving the transaction.
Shares in Ironbark Zinc surged higher after major shareholder Nyrstar lifted its interest to more than 30 per cent by subscribing to $15 million worth of securities.
Shares in West Perth-based Doray Minerals have more than tripled in trade today after it released high-grade drilling results from its Meekatharra North gold project.
Perdaman Chemicals and Fertilisers' $3.5 billion Collie urea operation has been granted a major project facilitation status by the federal government, allowing it to have issues responded to promptly.
Bauxite Resources' North Bindoon mine will be scrutinised at one of the highest possible levels by the state environment watchdog as an action group calls for greater disclosure by the company about its future mining plans.
Australia was becoming a riskier place for miners to do business than South Africa, the head of the world's third biggest gold miner, AngloGold Ashanti, said today.
Chevron has awarded Norwegian company Aker Solutions a $100 million contract to supply subsea umbilicals and associated equipment to the massive Gorgon gas project.
Mineral Resources' takeover of Mesa Minerals is poised to go ahead after moves to dump four of Mesa's directors were voted down at a shareholders meeting today.
Shares in Aviva Corporation were higher after the company struck a deal with platinum producer Lonmin to farm-in to a gold and base metals project in west Kenya.
Nickel miner Western Areas says it received strong interest in its convertible bonds issue that raised $125 million, which will partly be used to pay debts with BHP Billiton and ANZ.
Former Polaris Metals chief Ken Hellsten has been appointed managing director of Strike Resources as incumbent Shankar Madan takes the chairman role after John Stephenson passed away last month.
Swick Mining Services has been awarded a new underground drilling contract by Newmont Mining, which is expected to generate more than $50 million in revenue for the drilling specialist over three years.
Shares in Oklo Uranium surged after it announced it had acquired a 70 per cent interest in a Namibian uranium project located near Paladin Energy's Langer Heinrich uranium mine.
Former biotechnology outfit PharmAust has flagged a rights issue as it expands into the oil and gas sector with a farm-in agreement over a two exploration permits near Sicily.
Cape Lambert Resources has revealed plans to take full control of DMC Mining, launching a $34 million cash offer today for the explorer which controls an iron ore project in the Republic of Congo.
Less than two weeks after being appointed to lead Conquest Mining, former Sino Gold chief Jake Klein has resolved a dispute with Gold Fields Australasia over the Mt Carlton project in Queensland.
Mineral Resources intends to launch a takeover for manganese outfit Mesa Minerals with shareholders in the target split on Mesa's recommendation of the offer, with some saying the approval reflect the actions of a desperate board.
Shares in West Perth-based Kilgore Oil and Gas were higher today after the explorer announced plans to buy a majority share in a coal seam gas company through a share sale deal valued at nearly $13 million.
Brazilian company Vale is the latest mining giant to become a core industry participant at Bentley-based Parker Centre, which specialises in hydrometallurgical processing research for miners.
Shares in Subiaco-based Ampella Mining closed higher today after the junior announced the board had approved a $13 million exploration program for calendar 2010.
Western Australian gold miners have called on Premier Colin Barnett to first understand the gold sector's contribution to the state before singling out gold producers for increased tax.
Rio Tinto will shortly start a review of its HIsmelt pig iron plant, which is on care and maintenance, as the leasehold on the land is set to expire this year.
Explorer Catalpa Resources plans to raise $20 million with part of the funds to be directed towards a restructure of an existing debt facility with Macquarie Bank.
Shares in Forge Group surged higher today after the company upgraded its earnings forecast and secured a second contract at the Sino iron ore project, valued at more than $40 million.
CBH Resources has revealed that major shareholder, Japan's Toho Zinc, has proposed a proportional takeover offer in response to the $213 million offer from Belgium's refining major, Nyrstar.
South Perth-based Central Petroleum has today unveiled plans to raise $22.6 million through a rights issue that has been fully underwritten by Patersons Securities.
