Shares in Perth-based gold explorer Talisman Mining have surged more than 70 per cent after the company announced it had entered into a binding agreement for Swiss-based Glencore’s Sinclair nickel project in the Goldfields for $10 million.
Fremantle-based Mermaid Marine Australia will seek to change its name at the company’s AGM next month, following acquisition of all Singaporean listed Jaya Holdings’ subsidiaries in June.
Woodside Petroleum has donated $1 million to the Harry Perkins Institute of Medical Research, while 100 Woodside employees have raised almost $280,000 more through the Ride to Conquer Cancer.
Former copper and gold explorer Quintessential Resources has moved another step towards its scrip takeover of technology incubation company Yonder and Beyond with the appointment of Y&B chief executive Shashi Fernando as a non-executive director.
Nickel miner Western Areas has had a slight share price uplift on the release of its September quarter results and annual report.Its shares closed today at $4.34, up 2.8 per cent.
PYBAR Mining Services is positioning itself to take on the two dominant contractors in underground mining, after making two acquisitions in Western Australia and being named as preferred contractor for a new mine.
Oil and gas producer Santos has lifted production nine per cent to its highest level in seven years, thanks to the ramp-up of the massive PNG LNG project.
Fortescue Metals Group chief executive Nev Power has criticised what he calls "last man standing" expansion strategies by the major iron ore producers in the Pilbara while defending FMG's own expansion strategy.
Santos has called on the state government to provide more certainty on its domestic gas reservation and offsets policies, to encourage new investment in ‘domgas’ supplies.
Prices for gold and other precious metals have fallen, as a sell-off in equity markets pushes nervous investors into the US dollar amid global growth concerns.
Kingsgate Consolidated announced today that chief executive Geoff Day and chief financial officer Austen Perrin have both left the company, just months after joining the gold miner.
Sandalwood producer TFS Corporation has appointed Gooding Partners founder Dalton Gooding as an independent non-executive director, effective immediately.
Fortescue Metals Group's chief executive says the cost of iron ore will stay low until high-cost producers leave the market, and that was happening more slowly than expected.
Gold prices have surged to a one-month high as jitters over the health of the global economy and steep losses in equities brought investors back into the arms of the haven asset.
The Western Australian premier has downplayed his verbal attack on BHP Billiton and Rio Tinto, claiming he never suggested the two mining giants were colluding.
The Maritime Union of Australia has started its five-day strike at Mermaid Marine Australia’s Dampier Supply Base today, a decision the Australian Mines and Metals Association has labelled “irresponsible and misguided”.
Gold prices have hit a fresh four-week high, as investors rush into the metal amid gloomy economic data and turbulent stock markets in Europe and Asia.
US crude prices have plummeted nearly five per cent as the International Energy Agency slashed its oil demand forecast in light of slowing economic growth in Asia and Europe.
The state government has agreed to increase the price it pays Premier Coal for its coal supplies, as uncertainty continues over the fate of fellow Collie producer Griffin Coal.
The Western Australian premier has again accused BHP Billiton and Rio Tinto of flooding a depressed iron ore market, putting further downward pressure on the commodity's price.
Red Mountain Mining has withdrawn its $1.4 million rights issue after underwriter Patersons Securities terminated the agreement, as the company’s share price closed lower than the offer price of 0.8 cents for three days.
