Mining services firm Tempo Australia has won contract extensions with unnamed existing clients for construction, pre-commissioning and commissioning support services work, worth a combined $65 million for the year.
The battle for control of Aditya Birla Minerals has intensified, with bidder Metals X extending its $68 million takeover offer to late February while accusing the target of lacking transparency around expenses.
Mining giant BHP Billiton will write down the value of its onshore US oil and gas assets by more than 30 per cent as it factors in the slump in crude oil prices.
Gold has fallen sharply to a one-and-a-half-week low, pressured by a US Federal Reserve president's comments about potentially rethinking further rate hikes, triggering technical sell signals while
Local miner Pilbara Minerals is threatening legal action against its former joint venture partner after discovering problems with the plant at its Tabba Tabba tantalite project, which was completed in November.
Mining equipment supplier Emeco Holdings has announced a deterioration of its Canadian operations as a result of the depressed oil price, but still expects to lift underlying earnings from a weak FY15 result.
Northern Star Resources and Regis Resources have capped off a positive first half of the financial year for gold miners, with December quarter results released today.
Metals X has waived a minimum acceptance condition on its $68 million takeover bid for Aditya Birla Minerals after lifting its holding in the copper miner to 18.24 per cent, less than previously di
Mineral sands miner Base Resources has received a force majeure notice from one of its offtake partners, which will affect an $US11.6 million ilmenite sales agreement.
Australia's biggest iron ore miners are expected to slash dividends next month as the price of the steel-making commodity dropped to $US40 a tonne overnight.
Sundance Resources’ hopes of developing its Mbalam-Babeba iron ore project in Cameroon have been dragged out further, with delays to construction of port and rail infrastructure.
Mining services contractor Sedgman has told its shareholders to take no action towards CIMIC Group’s $153.1 million offer for all the shares it doesn’t already own in the business.
South Australian Senator Nick Xenophon has renewed his call for an inquiry into the cause of the dramatic recent fall in the iron ore price while in Perth today, as shares in the state’s biggest miners continued to fall.
Perth-based explorer Carbine Resources has signed an offtake agreement with a chemical and mineral supplier for copper sulphate from its $63 million Mount Morgan project.
Shares in embattled iron ore miner Gindalbie Metals plummeted this morning after the company said attempts to clarify funding arrangements with its joint venture partner had been met with silence.
The team behind Western Australian success story Aurora Oil & Gas has quietly completed a $24 million private placement, the first capital raising for their new oil and gas play, three months after acquiring their first assets in Portugal.
Elemental Minerals has negotiated an extra $US10 million in a proposal from a private equity group for an investment to assist the business advance its flagship Kola Sylvinite potash project.
Fortescue Metals Group has deepened its commitment to hockey, striking deals with the sport’s national body thought to be worth more than $1.7 million over the next five years.
Gold companies Doray Minerals, Ramelius Resources and Saracen Mineral Holdings have posted better-than-expected production results for the December quarter, with the precious metal miners bullish on the next six months.
Tony Sage’s Cape Lambert Resources has announced plans to undertake its first capital raising since its initial offer, which was completed when the company listed on the ASX 16 years ago.
Gold has fallen further from an earlier nine-week high as stronger-than-expected US payrolls data boosted the US dollar and stock markets, shoring up a recovery in equities.
Gindalbie Metals has gone into a trading halt following a media report suggesting its Chinese majority shareholder and project partner will no longer keep the jointly owned Karara project afloat.
Mining services company Ausdrill has announced plans to sell its underperforming DT HiLoad truck tray manufacturing business, and is in discussions with several interested parties.
Construction activity has fallen, after enjoying four months of expansion, due to weakness in mining-related engineering construction, as well as commercial construction.
Rare earths company Arafura Resources has progressed negotiations for the formation of a joint venture which will build a separation plant in South Korea.
Metals giant Alcoa of Australia says its WA alumina refining operations have not been affected by the Waroona bushfire but its Farmlands business has sustained some damage.
Merchandise exports were down more than 16.7 per cent for Western Australia in the 12 months to November 2015, compared to the corresponding previous period, despite a reduction in the national trade deficit.
Energy technology company Enerji has landed its first commercial contract and deployment into the Australian market with the finalisation of a power purchasing agreement with Northern Star Resources.