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.
Shares in gold explorer Rubianna Resources skyrocketed on news it plans to exit the resources industry by acquiring a young cloud-based retail finance business.
The takeover negotiations facing mining equipment supplier Emeco Holdings got more complex today after it received a merger proposal from Queensland-based competitor Orionstone, which has also pushed for Emeco to scrap its planned purchase of truck rental company Rentco.
Gold has edged lower as the US dollar recovers and global shares rise, but uncertainty about the timing of a US interest rate increase has $kept bullion not far from a seven-week high above $US1,200 an ounce.
Crude oil has closed solidly higher, with the US futures contract hitting their highest point so far this year on expectations of a decline in US production.
A Western Australian company founded four years ago to help fly-in, fly-out workers manage their finances has shifted its focus to reflect the resources sector's changing fortunes – dealing with redundancy issues.
Gold producer Beadell Resources says a number of delays at its Tucano project in Brazil are to blame for a shortfall in gold sales for the March quarter.
The March quarter was a quiet period for M&A transactions in WA, although the deals that were announced attracted their fair share of controversy. Click through to see details on 78 WA deals worth $2.4 billion.
Atlas Iron has launched an extensive review of its operations, finances and possible asset sale opportunities in response to steep falls in the iron ore price.
Woodside Petroleum has completed the purchase of Apache Corporation's interests in the Wheatstone and Balnaves projects, as speculation continues over the ownership of Apache's remaining Australian assets.
