The Australian gold division of Toronto-listed company GBS Gold International Inc has been placed into voluntary administration after it defaulted under its current debt financing arrangements.
A yet to be made decision by Inpex Ltd to build a $12 billion liquefied natural gas plant in the Kimberley may be under threat by the federal government.
The last major hurdle for full control of iron ore miner Midwest Corporation Ltd has fallen as US investment bank Harbinger Capital pockets $224 million from Sinosteel's takeover offer.
Cape Lambert Iron Ore Ltd has today received the second payment as part of the $400 million sale of its namesake iron ore project to MCC Mining (Western Australian) Ltd, a wholly owned subsidiary of China Metallurgical Group Corporation.
Premier-elect Colin Barnett will seek an urgent meeting with Inpex Ltd to encourage the Japanese company and its joint venture partner to build a $12 billion liquefied natural gas plant in Western Australia.
The sensitivity of mining certain areas of the Mid West region could prove to be one of the first resources test for the new government, as Gindlabie Metals Ltd comes under attack from the Conservation Council of WA.
Just a day after the Liberal Party emerged as the state's next government, Western Australia's key lobby groups have urged Premier-elect Colin Barnett to implement initiatives for the state to realise its full potential.
Shares in uranium stocks with assets in Western Australia have surged this morning as the prospect of a ban on mining the commodity comes to an end following the Nationals support of a minority Liberal state government.
Two major shareholders in Western Australian iron ore miner Midwest Corporation Ltd have accepted the takeover offer from Chinese steelmaker Sinosteel, giving the bidder more than 82 per cent acceptances of its bid.
Shares in Perth-based miner Perilya Ltd have dramatically reversed its recent losses, skyrocketing over 60 per cent in trade today after Credit Suisse labeled the stock as "too cheap".
The directions hearing between Murchison Metals Ltd and Chameleon Mining NL has been adjourned until next week after the judge presiding over the matter did not attend.
East Perth-based Metals X Ltd will move ahead with plans for the development of its Wingellina nickel project in Western Australia following a feasibility study that pegged capital costs at $2.2 billion.
Chinese company Sinosteel Corporation has today emerged with a 70.2 per cent holding in takeover target Midwest Corporation Ltd following yesterday's surprise acceptance by former suitor Murchison Metals Ltd.
Ausdrill Ltd has blamed a fall in the company's share price on hedge fund selling after comments from suitor Macmahon Holdings Ltd that its takeover bid was unlikely to succeed.
Sinosteel is a step closer to full control of Midwest Corporation Ltd after Midwest shareholder Murchison Metals Ltd reversed its previous opposition to the Chinese company's takeover offer.
Shares in Perilya Ltd have dropped by over 40 per cent on news it will sell its Mount Oxide copper and cobalt project to West Perth-based Chalice Gold Mines Ltd in a scrip deal worth $25 million.
AusQuest Ltd director John Ashley said he is not concerned of a takeover by acquisitive US company Cleveland-Cliffs, which will take a 30 per cent stake in the Ardross-based minerals explorer.
The schedule for Australia's largest gold mine could be extended as manager Newmont Mining Corporation said work on the Boddington operation is now 83 per cent complete.
Ausdrill Ltd joint venture vehicle, African Underground Mining Services, has won a four-year $90 million production mining contract with the West African Red Back Mining.
Air passengers travelling with Skywest will be able to save a few dollars with the recent decline in oil prices prompting the airline to decrease it fuel surcharges, however Qantas and Virgin Blue have indicated they won't be moving any time soon to cut t
Rio Tinto has emerged as the mystery buyer behind an 11 per cent parcel of shares in uranium explorer Extract Resources Ltd, which could be a hurdle in the company's planned merger with West Perth-based Kalahari Minerals Ltd.
WHILE critics have been quick to jump on the Labor-bashing bandwagon after the state election, there hasn't been much reflection on some of the strategic challenges that will face the next state government, whoever leads it.
HISMELT, Minara Resources and Rocla Quarry have been recognised for their excellence and leadership in environmental responsibility at this year’s Golden Gecko awards.
Smartrider, Perth's public transport integrated ticketing system, is the leading contender in the process to introduce a smartcard system in New Zealand.
Rising energy, steel and labour costs, and the added burden of investors snubbing the industry has led to a spate of casualties in the gold sector in recent years.
THE state’s geothermal industry has been given a kick-start with the government awarding a private Guildford-based company the first exploration permits in Western Australia.
COOGEE Chemicals and sister company, Coogee Resources, have both appointed new chief executives with Coogee Resources also appointing a new chairman.Coogee Resources’ major shareholder Gordon Martin (
The iron ore, nickel and gas sectors have grown to dominate new investment in Western Australia's resources sector, but there continues to be substantial investment in other mineral sectors across the state.
