Major US copper producer Asarco Incorporated has put its stake in the Yamarna gold joint venture near Laverton on the market as it continues its exit from Australia and other non producing assets around the world.
Soaring demand for Western Australia’s resources has created a bonanza of new business for a host of small and flexible contractors operating in the North-West.
Andrew Forrest’s Fortescue Metals Group has redoubled its attack on BHP Billiton’s Pilbara iron ore business with a FMG-linked company lodging documents that could allow it to wrest control of two BHP iron ore exploration tenements in the Pilbara.
Iron ore hopeful Fortescue Metals Group has signed its first binding contract to supply ore from its developing iron ore and infrastructure project in the Pilbara.
A recent survey has found that most local businesses with operations in Indonesia remain confident in the wake of the recent bombing of the Australian Embassy in Jakarta.
A cloud remains over critical new foreign investment in Indonesia, despite most established West Australian and Australian businesses reporting only marginal impact on their Indonesian operations in the wake of the recent Jakarta bombing.
Western Australia’s miners have warned that the State may not be able to meet future demand for its resources unless approval processes, particularly environmental approvals, are streamlined.
A British Government scheme designed to attract investment back into the once-booming North Sea fields is attracting the attention of oil and gas juniors in Western Australia.
Local junior mining companies’ interests in platinum projects continues to mount with West Perth-based Platinum Australia signing recent agreements to acquire a stake in two South African projects.
While pre-competitive geoscientific information may seem an awkward term to Justin Walawski, one thing he is not confused about is what his new role as chief executive of the Association of Mining and Exploration Companies entails.
With a growing reputation for quality of work, and an ability to compete, local consulting engineers and architects are increasingly staking their claim in the Gulf States.
The rapid growth of Australian wine exports appears to have cooled.
Figures from the Australian Bureau of Statistics released last month show that the amount of Australian wine being exported, and its value, flattened in the past financial year.
Dairy cooperative Challenge Dairy is expected to unveil a second tilt at the Chinese market just eight months after it dismantled a $25 million dollar joint venture with a large Chinese dairy company.
The collapse of zinc-miner Pasminco almost three years ago due to its withering hedges should have been warning enough to Australian companies about the dangers of forward selling, according to the Australian Securities and Investments Commission.
Strong investment in resource stocks during the past year has started to flow onto the ground with a significant increase in June quarter exploration spending. Jim Hawtin reports.
Analysts expect small-to-medium-sized companies to pick over the best morsels of Sons of Gwalia’s gold business, after the State’s biggest gold miner was forced to call in administrators Ferrier Hodgson earlier this week.
DEVELOPMENTS in Western Australia’s oil and gas sector are setting the scene for the State to become a world leader in the research into and application of a new technology that can significantly reduce green house gas emissions.
SALLY Malay Mining will deliver its first nickel concentrate to the Wyndham port for export next week following the successful commissioning of its $65 million namesake mine in the East Kimberley.
Former gold miner Gindalbie Gold’s plans to mine iron ore near Geraldton have received a boost with a Malaysian steel company taking a significant stake in the company.
