Minbos Resources has ended merger talks with its joint venture partner, Petril Projects, after the two companies were unable to agree on certain terms of the proposal.
A single worker en route to the Roy Hill mine site has been found to be in possession of cannabis, after police searching for illicit drugs visited a number of remote Pilbara worksites serviced by fly-in, fly-out workers.
The corporate watchdog says former Hanlong Mining managing director Hui Xiao has pleaded guilty to insider trading involving two Perth resources companies.
World oil prices have tumbled as poor manufacturing data in China, the world's largest energy consumer, hammered the outlook for demand and shook market confidence.
Gold has gained per cent as the US dollar and global equities dropped on fresh signs of economic weakness in China and uncertainty over the timing of the Federal Reserve's first interest rate rise in nearly a decade.
Perth-based Wolf Minerals has passed another milestone at its Hemerdon tungsten and tin project in Devon, in southern England, with the plant producing its first tungsten concentrate.
A UK-based institution has signed an agreement with TFS Corporation to invest in 208 hectares of new Indian sandalwood plantations in the Northern Territory, for an undisclosed sum.
Oil prices have surged as the US government lowered its domestic production estimate and OPEC said it was "ready to talk" to producers about multi-year low prices.
Gold has steadied, bouncing up from session lows as oil prices rallied and the US dollar fell, after bullion felt earlier pressure on indications the Federal Reserve may still raise interest rates this year, despite recent market turmoil.
The last day of the profit reporting season delivered a few surprises for Western Australia-based mining services companies, with NRW Holdings incurring a bigger-than-expected loss, VDM Group shrinking at a rapid rate, Swick Mining Services showing some promise, and Resource Development Group staying in the black.
Nedlands-based investment manager Viburnum has acquired oil and gas diving contractor Cal Dive International Australia, in partnership with Houston company SCF Partners.
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Gold miner Doray Minerals is seeking to double its workforce to support its Deflector project, after announcing it has secured $91.7 million in funds to bring the project into production.
Mining services group Bradken has decided against a merger with Chile's Magotteaux Group, preferring to focus on a restructuring program it says is largely complete.
Nedlands-based TFS Corporation has altered the accounting treatment of four managed investment schemes after its auditor proposed changes to align with new guidelines introduced in 2014.
Gold has risen as technical indicators and suggestions the US central bank may delay a rate rise provided support, but the metal was still on track to post its biggest weekly drop in five weeks amid US dollar strength and strong US economic data.
Sandalwood producer TFS Corporation entered a trading halt this morning, just before the scheduled release of its annual results, saying it was in discussions with its newly-appointed auditor.
The latest round of annual reports has revealed some highly unusual movements in chief executive remuneration, including at Monadelphous Group and Mineral Resources.
Shares in Atlas Iron surged on news it had lowered its cash costs in July by $11 per wet metric tonne, with the iron ore miner flagging more cash flow in August.
Macmahon Holdings has reported a net loss of $217.9 million for the financial year, on the back of impairments to its assets during what has been a tough time for contractors and mining services firms.
US oil prices have surged more than 10 per cent, climbing back above $US40 ($A56.25) a barrel after strong American economic growth data lifted confidence about the world's biggest economy and petroleum user.
Gold has eased, and is headed for its biggest weekly rout since March, as upbeat US growth and jobs data drive up stocks and the US dollar, though uncertainty over the timing of a Federal Reserve rate rise held losses in check.
Watpac Civil & Mining has been awarded $89.3 million in contracts in the gold mining and road infrastructure sectors, with the largest being with Chinese-owned company Hanking Gold Mining.
Local mining services companies Ausdrill, Emeco Holdings and Lycopodium have posted net losses for the financial year, with lower activity in the resources sector weighing on their pipelines of available work.
Gold prices slipped two per cent on Wednesday as the dollar gained and US stocks advanced, while investors kept a close eye on China's efforts to support its economy.
Iron ore miner BC Iron has fallen into the red with a net loss of $158.5 million for the financial year, on the back of impairments and falling commodity prices, and has declared no dividend payout.
A senior Woodside Petroleum executive has urged Perth companies to be less secretive, saying recent deals it struck with local businesses had occurred only after learning of their world-class expertise by chance.
Kerry Stokes' Seven Group Holdings fears its earnings could fall 10 per cent in the year ahead, with trading conditions in the resources sector still challenging.
