Shares in iron ore pellet producer Grange Resources fell after it unveiled plans to raise $167 million in new equity in a deeply discounted offer to key stakeholders including a Chinese investor.
Southern Cross Electrical Engineering have posted a record net profit after tax of $15.5 million, an increase of more than 36 per cent, thanks to record revenues of more than $100 million, up by more than 19 per cent on the previous year.
Mining services companies Brandrill and Ausdrill have proposed a friendly scrip merger to create whay they say will be a larger, more diverse company able to better serve existing clients and with greater financial capacity to fund future growth.
Iron ore miner Fortescue Metals Group has agreed to a price for all the iron ore it sells to Chinese steel mills for the six months to the end of December.
Leighton Holdings has demanded that a standstill agreement regarding its shareholding in Macmahon Holdings be scrapped should a partnerhship arrangement continue beyond this year's deadline.
Integra Mining has selected GR Engineering Services as its preferred contractor for the refurbishment and commissioning of a processing plant for the $64 million Randalls gold project.
The Western Australian Trade Opportunities Service is operated by the International Trade Centre of the Chamber of Commerce and Industry of Western Australia.
Balcatta-based Conquest Mining has activated the dispute resolution process in a bid to clarify its joint venture partner, Gold Fields, commitment to exploration of Mt Carlton gold-cilver-copper project and other regional tenements in Queensland.
Premier Colin Barnett has taken the next step in the development of the Kimberley LNG hub with the release of the social impact scope and profile report and the call for tenders for the strategic assessment report.
Shares in North Coogee-based Pacific Ore have soared after it negotiated a deal to sell technology used to extract low grade nickel to miner Western Areas.
The board of Western Areas has given the go ahead for a $62 million expansion of its Forrestania operation which is set to double nickel production next year.
Sydney-based Longreach Oil, which has interests in the Carnarvon Basin, and Southern Cross Exploration plan to raise $250 million for the float of a newly formed oil and gas company.
Swick Mining Services has added further momentum to its North American expansion plans, today announcing it had signed its first United States contract.
State Mines and Petroleum Minister Norman Moore says he expects no further delays from the federal government in granting its final environmental approval for the $50 billion Gorgon LNG project, paving the way for a final investment decision within weeks.
China Railway Resources Group Co has today revealed plans to launch a proportional takeover for RMA Energy, offering cash for 80 per cent of shares it does not own in the Perth-based company.
Shell's ambitions for establishing its first ever floating LNG facility in Australia have been boosted by a significant new gas discovery near its Prelude field in the Browse Basin.
A slanging match between two rival unions has erupted in Western Australia, with veteran heavyweight Kevin Reynolds doggedly trying to hang on to his union's mining members.
THE Diggers and Dealers mining forum got under way this week in Kalgoorlie-Boulder with a blast of optimism from a renowned international economist, and the prevailing mood of the delegates reflected the buoyancy in the rising commodities sector.
ANXIETY over foreign investment is compounding the funding challenges created by the global financial crisis, according to the junior mining executives at the recent WA Business News roundtable.
INTERNATIONALLY embarrassing.Not the words any government would like to see used to describe the regulatory regime applying to their most important industry.
FOR decades, successive state governments have dreamed of adding value to the millions of tonnes of raw materials mined and exported from Western Australia by moving further down the processing chain.
Development of Galaxy Resources' Mt Cattlin lithium project is ramping up with the emerging producer awarding a key contract to the DRA Pacific, Mintrex and BEC Engineering joint venture.
Shares in West Perth-based Metals Australia have plunged today after a Namibian court ruled two of the explorer's prospecting licences be turned over to their original owner.
