The corporate watchdog says it will ask the Federal Court to consider disqualifying Andrew Forrest from acting as a director as legal proceedings involving Fortescue Metals Group is set to start on Monday.
Centamin Egypt has entered into an agreement with Macquarie Bank for a $US25 million ($A35 million) loan facility for the development of its Sukari gold project.
Ausdrill says it has entered into a non-binding $US150 million ($A213 million) agreement with AngloGold Ashanti for drilling and blasting services at its Geita gold mine in Tanzania.
Black Swan State Theatre Company has appointed Rio Tinto Iron Ore chief Sam Walsh as its new chairman while University of Western Australia vice-chancellor Alan Robson has joined its board.
West Perth-based Navigator Resources has entered into a deal to buy the Bronzewing gold mine from the administrators of View Resources for nearly $10 million.
The Western Australian Trade Opportunities Service is operated by the International Trade Centre of the Chamber of Commerce and Industry of Western Australia.
THE saga surrounding lead miner Magellan Metals has taken a new twist, with Perth mining entrepreneur Mladen Ninkov seeking to win control of the embattled Canadian company that owns Magellan.
THE gold sector has been a standout performer during the past six months, with 13 gold explorers or producers in Western Australia launching capital raisings worth a total of $275 million.
INDUSTRY has welcomed the Environmental Protection Authority's environmental impact assessment process review, supporting its recommendation to move towards risk-based assessments for environmental approvals.
Struggling iron ore miner Territory Resources has entered a standstill agreement with, and provided additional security to, its financiers as it seeks to restructure or refinance its foreign exchange hedging and loan arrangements.
Mines Minister Norman Moore has delivered an assurance Western Australia will retain control of local mining operations despite increased foreign investment in Australian mining companies.
Fortescue Metals Group chief executive Andrew Forrest says he always expected the federal government would allow a Chinese state-owned steelmaker to increase its stake in the iron ore miner, but expects no further equity investment.
Minara Resources chairman Peter Coates will take over from current Santos chairman Stephen Gerlach when he retires from the board at the end of this year.
Government and industry have endorsed the Environmental Protection Authority's proposal to adopt a new 'risk based' approach for project assessment, unveiled in a report today.
China Minmetals' proposed takeover of OZ Minerals cannot go ahead if it incudes the target's mining operations in Prominent Hill because it would breach national security, Treasurer Wayne Swan says.
Falcon Minerals has settled a sale with Iluka Resources subsidiary Basin Minerals Holdings for its 10 per cent equity in the Echo Minerals Sands Project, located in the Murray Basin in Victoria.
Apache's Australian managing director Tim Wall will move to head the group's operations in Canada, with his deputy, John Bedingfield, replacing him as the local chief.
Iluka Resources says 23 employees and contractors will be affected by the shutdown of one of its Mid West Kilns, which was brought about by the global economic crisis.
Takeover target Hannans Reward has requested the resignation of one of its directors after he accepted the Terry Streeter-backed Fox Resources' takeover offer.
WESTERN Australia's leading business groups agree that the state requires a solid infrastructure strategy in order to correctly prioritise the state's key projects.
Peak gas industry groups have urged government backing for the liquefied natural gas (LNG) industry to achieve its economic and environmental potential.
Nickel company Australian Mines has negotiated a capital raising deal with Patersons Securities which will pave the way for the stock to be relisted after trading was halted six months ago.
Rio Tinto iron ore chief Sam Walsh says the miner is focused on securing regulatory approval for its $US19.5 billion Chinalco deal while a prominent analyst has tipped iron ore prices to fall 50 per cent.
Fox Resources says it has received pre-bid acceptance commitments of nearly 19 per cent, several days after proposing a takeover bid for junior Hannans Reward.
Western Areas chairman Terry Streeter will miss the official opening of the company's concentrator tomorrow as an 18-day trial with unrelated business Western Areas Exploration begins.
Nearly four months after being voted out of Atlas Iron, former chairman David Nixon has been appointed to the board of Brockman Resources as a non-executive director.
