Oil prices have dipped following mixed US crude-inventory data and reports suggesting an OPEC production cut is unlikely when the organisation meets in November.
BHP Billiton won't confirm reports jobs have been axed at its Nelson Point operations in Port Hedland, but says some staff in the Pilbara town will be made redundant in coming months.
The Western Australian government is poised to announce more cost-cutting measures as lower iron ore prices threaten to punch a big hole in the state's bottom line.
Neon Energy chairman Alan Stein has warned the company’s shareholders against taking any action towards a takeover bid it received earlier in the month.
AngloGold Ashanti’s plans to raise $2.3 billion and create a London-listed entity to separate its international and South African assets have fallen through after its shareholders knocked back the proposal, leaving the gold miner with a high debt burden.
King River Copper has announced it would seek to raise $900,000 for further exploration of its Kimberley tenements, with phase two of its drilling expected to recommence next week.
Shares in struggling uranium miner Paladin Energy fell 5 per cent at the close of trading today after it announced that production for the September quarter could suffer a further 7.5 per cent shortfall.
Black Fire Minerals has entered into a sale agreement for its Pilot Mountain tungsten project in the US state of Nevada to South Australian-based Thor Mining for about $1.67 million.
Woodside, WorleyParsons and KBR were awarded the overall prize at the 2014 WA Engineering Excellence awards last night for their project entry, the $5 billion North Rankin Redevelopment project, which exports gas to the Karratha gas plant.
BCP Energy International has successfully reached its revised target of 50.1 per cent relevant interest in its takeover of Nido Petroleum, and has made the offer unconditional.
Maritime unions protested in Perth against federal government measures that make it easier for employers to hire overseas workers for offshore oil and gas projects.
Gold futures closed with a slight gain on Monday as some investors saw a bargain in the wake of recent declines, while platinum closed near a nine-month low as worries about demand weighed on investor interest.
Shareholders of Africa-focused Papillon Resources voted almost unanimously in favour of a $615 million takeover by Canadian-based B2Gold at a scheme meeting held this morning.
A joint venture between Viento Group and indigenous-owned Kimberley Pipelines has been awarded a $9.8 million pipeline construction works contract for the first stage of Fortescue Metals Group’s North Star magnetite project in the Pilbara..
Troubled rare earths miner Lynas Corporation has cut talks over a restructure of a $249.7 million loan, meaning it will soon need to make a sizeable repayment.
The size of state and territory subsidies to the mining and resources sector has been dramatically overstated, according to a report released today prepared by Michael Schur of global firm Castalia Strategic Advisors.
With up to $17 trillion of resources investment likely to be needed by 2030, Western Australia has an opportunity to capitalise on its strengths as a resources sector hub, according to a report from the International Mining for Development Centre.
Sundance Resources has appointed former Leighton Holdings chief executive officer Wal King as its new chairman, following the retirement of current chairman George Jones after the company’s AGM in November.
Iron ore miner and steelmaker Arrium is seeking to raise at least $754 million through the issue of new shares, to reduce debt amid falling prices for iron ore.
Subiaco-based explorer Aspire Mining has announced a $2.2 million placement to sophisticated investors for drilling at its Nuurstei coal project in northern Mongolia.
Perth mining contractor Barminco has won an extension to its contract with miner Western Areas to carry out $190 million of underground mining development and production activities at its Spotted Quoll and Flying Fox nickel mines.
Silver Lake Resources founding managing director Les Davis will step down from his role in November, leaving current executive director Luke Tonkin to fill his shoes.
BC Iron is one step closer to completing its $256 million takeover bid for the Kerry Stokes-backed Iron Ore Holdings, after major shareholder Australian Capital Equity yesterday accepted the offer.
US oil prices have rallied despite an International Energy Agency report that said the outlook for global crude demand growth has weakened considerably.
