Implimenting efficiencies and greater operational flexibility have been two different, but equally successful, strategies used by engineering companies to secure major contracts in Western Australia.
The federal government’s plan to axe the mining and carbon taxes may dominate the mainstream headlines in terms of resources sector policy, but it’s a lesser-known incentive that has the industry on tenterhooks.
Buru Energy’s planned ‘tight gas’ testing program in the remote Canning Basin will not require formal environmental assessment after minister Albert Jacob upheld the Environmental Protection Author
Nedlands-based explorer Bullabulling Gold has advised its shareholders to reject Norton Gold Fields’ increased takeover offer of 8 cents per share to obtain a 30 per cent interest in the company.
Perth exploration company Bauxite Resources has announced a return of about $9.3 million to shareholders, which has jumped the company’s share price by 12 per cent.
US oil has traded with little change at nine-month peaks, while Brent rose modestly as investors watched the unfolding sectarian conflict in Iraq for signs it could disrupt oil supplies.
Perth mining services company Viento Group has foreshadowed strong growth in revenue and underlying earnings in the current financial year following a series of acquisitions.
Fortescue Metals Group has signed a contract with a Chinese shipyard for the construction of four iron ore carriers that are even larger than the Cape size vessels currently in use in the industry.
Palladium and platinum have continued to retreat as supply worries ease because of the prospect of a wage deal that could end a 21-week strike in South Africa.
Tiger Resources has raised $20 million via a share placement earmarked for the expansion of its Kipoi copper mine in the Democratic Republic of the Congo.
Perth civil and construction company Whittens has signed a $25 million contract with NRW for concrete works at the Roy Hill mine site in WA’s Pilbara region.
In the latest twist for takeover target Aquila Resources, suitor Baosteel said it would not increase its $1.4 billion offer for the iron ore developer and that it would reconsider its 20 per cent shareholding in the company if the bid was unsuccessful.
Metals X has been forced to increase the price it is paying for Reed Resources' Meekatharra gold project to $9.9 million after administrators announced a surprise competing bid had been lodged just before a creditors meeting on Thursday.
Calibre Group’s maintenance and construction subsidiary, G&S Engineering Services, has been awarded new and extended work on the Hay Point Coal terminal expansion for BHP Billiton Mitsubishi Al
Nexus Energy hopes its gas projects will continue to operate despite the company appointing administrators after shareholders rejected Seven Group's takeover bid.
Perth company Emmerson Resources has entered into a joint venture agreement with Evolution Mining for the exploration of gold and copper deposits at the Tennant Creek mineral field.
Mineral Resources announced today that it plans to use its 12 per cent stake in Aquila Resources to push for a role building and operating the proposed $7 billion West Pilbara iron ore project.
Nexus Energy shareholders have rejected Seven Group Holdings’ $26.6 million takeover after the final proxy voting results were confirmed late yesterday.
The takeover bid for Aquila Resources took an unexpected turn today when a mystery buyer, believed to be Mineral Resources, spent about $192 million buying a large stake in the Perth company, paying well above the bid price.
The Chamber of Commerce and Industry is concerned the Maritime Union of Australia’s planned strike action at Onslow will trigger a domino effect of disruptions at the state’s ports, affecting crucial links in the resources supply chain.
