Shell Australia chairman Russell Caplan has warned the world faces an energy supply crunch by 2015 if solutions are not found soon to the conflicting issues of rapid demand growth, dwindling supplies and the need to lower greenhouse emissions.
A preliminary study has confirmed Extract Resources' Rossing South project would be one of the world's largest uranium mines with an estimated capital cost of $US704 million ($A842 million).
A group of Perth businessmen have won a three-year battle against Western Areas directors Terry Streeter and David Cooper, with the Supreme Court today awarding nearly $65 million to unrelated company Western Areas Exploration.
West Perth-based Navigator Resources plans to undertake trial mining at its Leonora gold project after reaching a deal with St Barbara to treat the gold at the Gwalia mill.
Atlas Iron has approved the development of its Wodgina iron ore project in the Pilbara, which has a capital cost of just under $10 million thanks to a deal with Talison Minerals.
Shares in Dioro Exploration have surged as it urges shareholders take no action on Ramelius Resources' $92 million all-scrip takeover bid, a higher offer to Avoca Resources' recommended proposal.
Mining services company NRW Holdings, in joint venture with the Ngarluma Yindjibarndi Foundation, has been awarded a $15 million construction contract by Rio Tinto.
Avoca Resources' recommended takeover offer for Dioro Exploration has been trumped by Adelaide-based Ramelius Resources, which today launched a superior $92 million all-scrip offer for the gold miner.
PREMIER Colin Barnett was understandably chuffed to announce this week that Chinese steel giant AnSteel would spend the next 18 months studying the viability of a potential steel mill, at Oakajee.
THE diverse nationalities of foreign students in Perth has become one of the international education sector's major strengths in recent years, and a potential barrier to market downturn.
Fortescue Metals Group has released a maiden resource for its Glacier Valley tenement area in the Pilbara, which is subject to a joint venture with China's Baosteel Group Corporation.
Dioro Exploration has capitulated to Avoca Resources' hostile $68 million takeover after the fellow gold miner increased its bid and a rival deal with a Canadian miner fell through.
Dioro Exploration's defence against Avoca Resources' hostile takeover bid has collapsed after its white knight, Northgate Minerals Corporation, terminated talks over the proposed acquisition of Dioro's stake in a key gold asset.
West Perth-based Sipa Resources has signed a $16 million joint venture deal with Malaysian investment company Affluent Net over its two copper projects in the Gascoyne.
The Chamber of Minerals and Energy has backed Premier Colin Barnett's suggestion of relaxing foreign worker restrictions with the state potentially requiring an additional 26,000 employees by 2013.
West Perth-based Alchemy Resources has entered an agreement with Barrick Gold over the potential processing of gold from its Hermes project at the latter's Western Australian facilities.
Western Australian business are getting quicker at paying bills with the average time reduced by 2.7 days, the latest Dun & Bradstreet quarterly trade payment analysis shows.
Fox Resources has paid $100,000 for the 2 per cent net smelter royalty that was payable to De Beers Australia Exploration on Pilbara tenements under the access agreement.
Shares in Mirabela Nickel have been placed in a trading halt as it undertakes another capital raising to help pay for cost overruns at its Santa Rita nickel project in Brazil.
Belmont-based Independence Group and partner AngloGold Ashanti will proceed with a bankable feasibility study over the $710 million Tropicana gold project, which could be in production by early 2013.
Shares in takeover target Dioro Exploration have been placed in a trading halt ahead of an announcement regarding a Canadian company's proposal to buy it's flagship asset while hostile suitor Avoca Resources extends its takeover offer again.
Newmont Mining Corporation has revised down its full-year gold sales forecast as the $US3 billion Boddington gold project started operations yesterday, slightly behind schedule.
Premier Colin Barnett has furthered his Chinese investment intentions for WA, today witnessing the signing of a letter of intent between Asia Iron, which holds a Mid West iron ore project, and Chongqing International.
