Perth-based gold producer Troy Resources has announced its intention to delist from the Toronto Stock Exchange due to a lack of demand for its shares in the Canadian market.
Phoenix Gold will wrap up mining at its Kintore West project this month and suspend upcoming small mining projects to save money, as it shifts focus to developing its Castle Hill project near Kalgoorlie with joint venture partner Norton Gold Fields.
Perth-based oil explorer Red Emperor Resources says delays at its Georgian project have been caused by joint venture partner Range Resources, which has failed to carry out a planned drilling program.
Fortescue Metals Group has restructured rosters for mine workers at its operations in the Pilbara, in its latest move to cope with plunging iron ore prices.
Gold dropped for a fourth session in five as the US dollar firmed, backed by expectations the Federal Reserve may be on course to raise US interest rates soon.
World oil prices have modestly extended last week's gains in cautious trade as investors digest news of another rise in US crude oil inventories in an abundantly supplied global market.
Shareholders in Tanami Gold have overwhelmingly supported a tie-up with Northern Star Resources, despite the threat of legal action from rival miner and would-be partner Metals X.
The University of Western Australia has launched a new attempt to capitalise of the fruits of the fast-fading resources boom by highlighting the value of human capital that has created in fields such as engineering.
Former mining magnate Nathan Tinkler has secured a job as an adviser to nickel explorer Rumble Resources as he steps up his return to the resources sector.
Nedlands-based gold explorer Promesa has announced plans to shift its focus to technology by acquiring social media platform and app developer Thredit.
Price and production uncertainty over a range of commodities is flowing through to port investments, with enthusiasm for development taking a back seat to pragmatism.
Contractors Maca, Mineral Resources and Qube Holdings have downplayed the impact of Atlas Iron's decision to halt iron ore production over the coming month, while transport contractor McAleese Group is still evaluating the likely impact.
Gold has risen as chart levels were broken, but was still heading for its first weekly fall in four weeks, pressured by a stronger greenback and renewed expectations for a US rate rise this year.
Atlas Iron has announced it will halt all production at its three Pilbara iron ore mines over the next month, a move that is likely to result in the loss of more than 500 jobs.
Woodside Petroleum has closed its $US854 million ($A1.1 billion) purchase of Apache Corporation’s interests in the Kitimat LNG project in Canada, a week after finalising the WA component of the sale.
A new supply deal struck this week by Western Australia’s largest buyer of domestic gas, Alcoa of Australia, has confirmed the availability of gas for customers prepared to pay the going price.
Oil and gas company Zeta Petroleum has launched a proposal to acquire full ownership of Sydney-based Pan Pacific Petroleum by buying all the shares it doesn’t already own in the company, in a deal worth $29.4 million.
Pioneer Credit has taken a 14.1 per cent stake in Kalgoorlie-based financial institution Goldfields Money for $2.3 million as the two companies make plans for a joint working relationship.
Gold retreated for a third straight session on Thursday on a stronger dollar after comments from US Federal Reserve officials kept alive expectations for an interest rate rise some time this year d
Perth will play host to chief executives from seven of the world’s biggest energy and engineering companies during the LNG18 conference, to be held in April next year.
Perth-based gold miner Minera Gold has raised $US1.55 million ($A2 million) from existing shareholders and a new investor, while also announcing a number of board changes that includes the retirement of both its chairman and chief executive.
Metals X has issued a stern warning to Tanami Gold claiming it would be financially unwise to accept Northern Star Resources' bid for the Central Tanami gold project over its own proposal.
Gold has extended losses, falling below $US1,200 an ounce after US Federal Reserve minutes revealed an interest rate rise could take place as early as June, causing the US dollar to turn higher.
Macquarie Capital and Brookfield Asset Management have agreed to buy Apache Corporation's Australian oil and gas operations for $US2.1 billion ($A2.7 billion), with the deal underpinned by a long-term gas sale agreement with Alcoa.
RNI shares lost more than a fifth of their value after the company announced its financing deal with a London-based fixed interest fund had fallen through.
