Gold has risen from four-week lows as European stocks snapped a three-day run of gains, but traders remain cautious as they await fresh clues on the timing of a US rate rise.
The Australian Institute of Geoscientists has appealed to the federal government for the inclusion of the geoscientist profession on the list of jobs to which labour market testing applies under the 457 visa program.
Perth-based rare earths explorer Greenland Minerals and Energy will undertake a $6.1 million non-renounceable rights issue to fund ongoing work at its Kvanefield project.
Gold has fallen to a four-week low as stock markets strengthened and the US dollar firmed, though prices remained hemmed into a narrow range ahead of next week's Federal Reserve meeting.
Vanadium and uranium explorer Yellow Rock Resources has formed a new subsidiary with an unnamed local solar system installer to sell vanadium-based batteries in Australia.
Diversified miner Independence Group has slashed its workforce by 28 positions at its Long Operation in Kambalda, as it implements a number of cost-saving changes to its mining plan in response to the depressed nickel market.
The resource sector’s safety record has been brought into doubt after a contractor was crushed while working at a liquefied natural gas plant and hospitalised, but the incident was not recorded as a lost-time injury.
Struggling iron ore miner Pluton Resources has fallen back into the hands of receivers and managers, less than six months after the board regained control of the company, as part of a new structuring proposal.
Woodside Petroleum has spent the past 60 years focused on the development of its own projects in Australia, but in the space of one year, two major takeover deals collectively worth $15 billion look set to reshape the Perth-based energy giant.
Energy giant Woodside Petroleum is considering growth opportunities in Papua New Guinea, announcing today it was evaluating a takeover offer for Oil Search through an all-scrip deal valued at more than $11 billion.
Gold has eased back towards its lowest since mid-August as stock markets firmed and the US dollar steadied, and after US payrolls data failed to provide clarity on the timing of a Federal Reserve rate rise.
Local oil and gas company Antares Energy has sold its two remaining assets in the Permian Basin in Texas to an undisclosed private equity buyer, for about $US250 million ($A360 million).
A mine worker has died after a truck rolled over at Hanking Gold Mining’s Southern Cross project, while another was fatally injured at Newcrest Mining’s Cadia Valley operation in New South Wales.
Gold prices have fallen after US payrolls data failed to allay uncertainty over the prospect of a near-term interest rate rise from the Federal Reserve.
Dempsey Minerals has announced a change in direction with a proposed acquisition of a local unlisted oil explorer, in a deal valued at about $2.6 million.
Gold has fallen one per cent as the US dollar jumped versus the euro after the European Central Bank (ECB) cut inflation forecasts, while a US jobs report that could provide clues on the timing of a Federal Reserve rate rise remains in focus.
An independent expert’s report has put a minimum valuation on Phoenix Gold shares of 15.6 cents, well above the two competing takeover offers for the Kalgoorlie company.
Rio Tinto has mapped out a positive future for its expanding iron ore business, predicting more efficiency gains in the Pilbara, less competition from other producers and more growth in global demand.
Stakeholders in Sirius Resources have shown their support for the proposed acquisition by Independence Group, with three recommendations passing by an almost unanimous vote.
Oil prices have climbed in a modest rebound from a sharp sell-off after a mixed US petroleum report showed an increase in crude inventories and a decline in production.
Gold has eased as a rebound in stocks and the US dollar arrests a four-day rise, with uncertainty over the timing of a looming US rate rise limiting price moves ahead of key US non-farm payrolls data on Friday.
