Mining

Fitzroy Resources has announced plans to wholly acquire Californian technology company 4D-S, in a backdoor listing valued at about $7.7 million.

Oil prices have edged up from six-year lows as US oil supplies declined and the dollar retreated.

Gold rose for a fifth session in a row on Wednesday, hitting a fresh three-week high as the dollar and global equities slid on concerns over China's devaluation of its currency.

Shares in local gold miner Millennium Minerals closed 13.7 per cent higher today on news it had increased its projected gold production by 11 per cent while lowering costs.

Business News 2015 Rising Stars winner International Maritime Services has won a $2.7 million contract to provide its services to a United Arab Emirates-based vessel over a one-year term.

US oil prices have sunk to their lowest level in more than six years after a surprise currency devaluation in China raised worries about the world's second-biggest economy.

Gold has risen to a three-week high as global stocks fall, and investors assess the impact of China's nearly two per cent devaluation of its currency and move to prop up its economy.

Wesfarmers has promoted Rob Scott to managing director of a new industrials division created through the combination of its three non-retail operations.

Mining services group Bradken believes it is well placed for a turnaround in the sector after a major restructure and a full-year loss of $241.3 million.

Mongolia-focused miner Tian Poh Resources has announced plans to buy a thermal coal project from Modun Resources for $US2.21 million ($A3 million) and undertake a capital raising to fund the acquisition.

Big energy companies are fairly well prepared for the next wave of LNG projects coming into production, according to industry executive Keith Spence, but they need to stay focused on training to ensure a good supply of skilled workers is on tap.

Oil prices have rallied, snapping a three-day losing streak as some analysts said the beaten-down commodity could be near a bottom.

Gold has risen per cent to above $US1,100 an ounce, its biggest increase in more than seven weeks, as the US dollar turns lower and comments from Federal Reserve officials raise uncertainty about a September rate rise.

Paladin Energy founder John Borshoff has resigned from his role as managing director of the Perth-based uranium miner.

The Minerals Council of Australia has added to the national industrial relations debate today with a report it said showed that levels of union membership were unlinked to the labour force’s share of national income.

BHP Billiton has reopened its Rocky’s Reward nickel mine as a contract mining operation, despite several other nickel miners scaling back their projects in response to the sharp slump in the commodity’s price.

Perth-based engineering services company Clough’s joint venture with BAM International has been awarded a contract for work on Woodside Energy’s Karratha gas plant.

Mining giant BHP Billiton is cutting 380 jobs, mostly from its Olympic Dam mine, after a review of its South Australian operations.

Three of Gina Rinehart's companies have collectively been fined $130,000 for lodging their financial reports too late, as the requirement for large proprietary companies to release annual financial statements has come under question.

As cost pressures weigh on resources players, a Perth team has developed a way to marry contract tendering with social media.

New gold mining projects under way or in advanced planning will collectively deliver more than 1 million ounces to production each year when operational.

The past year has marked a period of major change at many of WA’s gold producers in terms of personnel and pay.

Refining is a vital step in the gold supply chain, but it’s a practice facing increasing competition from within the sector and from technological change.

Gold is a rare bright light in the mining industry, with major changes during the past two years to be followed by the opening of multiple new mines and more M&A deals. Click through to find the special report, which ranks WA producers, and looks at Gold Corp, executive pay, and new gold projects.

It is good to see local gold miners appear cautiously optimistic about their futures.

Orica's shares have taken a pummelling and could be set for more punishment after the explosives maker shocked investors by announcing a profit downgrade and an asset write-down of as much as $1.65 billion.

Oil prices have fallen again in a glum market as the global oversupply of crude oil looked entrenched and demand prospects weak.

Gold has edged higher, supported by the retreating US dollar and a tumble in global equities as traders await US employment data seen as key to determining when the Federal Reserve may raise interest rates.

Chinese company Zijin Mining Group has pressed ahead with its unsolicited takeover bid for Phoenix Gold, despite Evolution Mining’s recent on-market acquisitions at a price 20 per cent above that which Zijin is offering.

Engineering group Downer EDI is warning of further hits to come as belt tightening in the mining sector contributed to a 3 per cent fall in annual profit.

Mining giant Rio Tinto will ramp-up cost cutting after a plunging iron ore price contributed to a massive half-year profit fall.

Oil prices have fallen after a US government report showed an unexpected rise in petrol inventories and an increase in oil production amid global oversupply worries.