Mining

Macmahon Holdings Ltd's failure to rouse up a relevant interest in Ausdrill Ltd of more than one per cent has played into the takeover target's hand nicely, as it issued its target statement today.

South Perth-based coal seam gas explorer Pure Energy Resources Ltd has completed a $15 million capital raising with funds to head towards exploration costs on projects on the east coast.

Como-based nickel company GME Resources Ltd has purchased surplus heap leaching equipment from Heron Resources Ltd demonstration plant at the Jump-up Dam project, which was placed on care and maintenance earlier this year.

Como-based Aquila Resources Ltd battle with AMCI and Brazilian mining company Vale has ended, with the High Court refusing to grant the company leave to appeal.

Gas pipeline fears first raised in 2003; Cazaly forces Rio to show its hand; Euroz silent on extent of Opes Prime exposure; I won't take Macmahon scrip for Ausdrill: Sayers; Intellect creditors owed at least $36m

When earthmoving contractor Brierty Ltd ran off the rails, so to speak, with two profit downgrades in the space of six weeks during April and May this year, it laid bare some of the major pitfalls of operating in a boom-time environment.

With the state's energy policy firmly in the spotlight in the wake of the Varanus Island incident, it has emerged that the Chamber of Minerals and Energy is undertaking a major study to determine the resources industry's power needs for the next decade or

Boosted by its recent acquisition of independent fuel retailer Peak, West Perth-based Gull Petroleum continues to grow its market share in the highly competitive market of fuel retailing.

Apache Energy expects repairs to the damaged pipeline area at its Varanus Island gas facility to start shortly after demolition work started today.

Fortescue Metals Group has partnered up with the state government to create jobs in the mining sector for Indigenous people by improving their driving skills.

Ausdrill Ltd managing director Ron Sayers has spent $8.1 million boosting his stake in the company over the past two days, as it continues to fend off a takeover bid by Macmahon Holdings Ltd.

A study has valued Australasian Resources Ltd's share of the Balmoral South iron ore project in the Pilbara at $3 billion, highlighting the economic viability of the operation that has a 28 year mine life.

Perth-based Woodside Petroleum Ltd has announced the retirement of director Jillian Broadbent following 10 years of service.

South Perth-based Cooper Energy Ltd has started production at its Parsons oil field facility in the Cooper Basin in South Australia.

Subiaco-based Cougar Metals NL plans to raise $2 million to fund the development of its Brazilian mineral drilling business and continue work on its Pyke Hill nickel project in Western Australia and Alta Floresta gold project in Brazil.

West Perth-based Hemisphere Resources Ltd has fended off the likes of Fortescue Metals Group Ltd and Brockman Iron Ltd to win a ballot for a Pilbara iron ore tenement close to Rio Tinto's Yandicoogina mine.

Shares in Perth-based resource companies Monarch Gold Mining Company Ltd and Pure Energy Resources Ltd have been placed in a trading halt.

Malaga-based Advanced Engine Components Ltd has received an order for over 300 natural gas vehicle system kits from Weifang Weichai Peterson Gas Co Ltd in China.

Cause of gas blast is still top secret; Burnt car dealer sues Euroz over Opes loss; Cazaly eyes another big Rio iron ore prospect; B&B keeps bankers on side; Super fund returns worst for 20 years

Base metals miner CBH Resources Ltd, which is planning to merge with Perth-based Perilya later this year, is undertaking a major corporate and operational restructure to help it withstand falling commodity prices.

Calls from the federal opposition for a second gas pipeline to protect the state's gas supply are misguided, the Australian Pipeline Industry Association said today.

Balcatta-based resource company Tiger Resources Ltd has received approval to list its ordinary shares on the Toronto Stock Exchange and plans to list early next month.

Perth-based small scale copper miner Redbank Mines Ltd plans to reduce its debt facility with Macquarie after raising $1.2 million from the issue of 24 million shares at 5 cents each.

Two of Australia's resources-rich states, Western Australia and Northern Territory will continue to hire more employees than they lose in the next six months while New South Wales and Victoria employers have a bleaker outlook, according to Talent2 survey.

West Perth-based oil company Tap Oil Ltd has restarted production at the Woollybutt field after technical and compliance issues cause it to be shut down earlier this year.

Rio Tinto plans to invest $373 million to introduce driverless trains to its Pilbara operations as part of its plans to boost production.

Diversified base metals explorer Haddington Resources Ltd will not go ahead with its acquisition of Adelaide-based drilling company Underdale Drillers.

Monarch Gold Mining Company Ltd has suspended mining activities at its Davyhurst open pit mine due to continued underperformance.

Pankaj Oswal's Burrup Holdings Ltd has today announced it will postpone its $502 million initial public offer as it awaits further guidance from Apache Energy Ltd on the expected resumption of gas supplies.

Takeover target Ausdrill Ltd has upheld its rejection of Macmahon Holdings takeover offer as it enters into contracts potentially worth $US51 million ($A54.4m) in revenue.

Perth-based gold explorer CGA Mining Ltd has successfully raised $C35 million ($A36.5 million) with funds raised to contribute to the development of its Masbate gold mine in the Philippines.

West Perth-based resource company Mundo Minerals has announced that its founding chairman, George Jones, will step down immediately.