Workers fear hundreds of jobs are to be cut by mining giant Rio Tinto as it begins a new round of cost cutting by merging its copper and coal divisions.
Gold pared gains after stronger-than-expected US data lifted the dollar and impetus from Chinese buying petered out, but it remained higher after the Federal Reserve indicated this week that it was in no rush to raise interest rates.
Western Australian companies wanting to do business with China will need to modify their approach to deal with increasing competition and a changing marketplace, a leading advisory firm has warned.
The third daughter of late mining heir Michael Wright has succeeded in her bid to extract much more than she was left from his will, with a judge ruling she should get $25 million.
Two of Western Australia's most successful gold miners are competing to gain control of Tanami Gold’s Central Tanami project, indicating the growing investor interest in the gold mining sector.
Capital spending on major mining, energy and infrastructure projects in Australia is set to drop more than 60 per cent over the next three years, according to analysis by ANZ Banking Group.
Perth-based contractor Southern Cross Electrical Engineering has reported a 34 per cent slide in profit to $4.1 million for the six months to December, with the company facing challenging and competitive conditions in the sector.
Fly-in, fly-out workers are increasingly afraid to report mental health issues because they don't want to be made redundant by struggling mining companies, a Western Australian parliamentary inquiry has heard.
Shares in Canada-focused coal developer Coalspur Mines surged after the company announced it had received a $15 million takeover proposal from KC Euroholdings.
Shares in Kerry Stokes' Seven Group Holdings have soared on the firm's plans for a share buy-back and despite a 74 per cent drop in first-half profit to $68.4 million.
Oil prices have slipped as traders estimated a key report will show another increase in US crude inventories that already are at record levels, exacerbating the global oversupply.
Gold prices fell to the lowest level in almost two months on Tuesday after Federal Reserve chair Janet Yellen waxed positive about the economy's performance, even as she appeared to temper any expectations of an imminent rate increase.
Perth-based waste management company Tox Free Solutions has posted a 30 per cent boost in first-half profit to $12.4 million on the back of improvements in its industrial services operations.
BHP Billiton has scrapped the sale of its US Fayetteville shale assets in the face of weak oil prices, less than four months after it was announced, and announced big cuts to its capital spending.
Shares in Perth-based contractor Brierty slumped after it announced a 7 per cent slide in first-half profit to $4.06 million, as competitiveness ramps up in the sector.
Subiaco-based gold producer Northern Star Resources will become Alchemy Resources’ largest shareholder by purchasing the company’s Hermes deposit in the Bryah Basin for $1.45 million.
Mining giant BHP Billiton's half-year net profit has dived by 47.4 per cent to $US4.3 billion ($A5.52 billion) after a period of plummeting iron ore prices.
Gold prices have fallen, as a deal between Greece and its European creditors calms nerves in asset markets and lessens the need for holding gold as a hedge against uncertainty.
Perth-based uranium developer Toro Energy has announced the appointment of Fiona Harris as the company’s new chair, while also announcing a reduction in the number of directors as a result of the current market conditions.
WA Skills Training has secured an estimated $2 million per year deal with the Malaysian government to deliver training for both Malaysians and Australians seeking work on major resource projects.
Fremantle-based MMA Offshore has announced a lift in interim revenue and profit, but its shares slumped today on a lower dividend and predictions of a weaker second half.
