Iron ore prices may have softened significantly from about $US130 a tonne during the past year, but that has not stopped local miners ramping up exports.
Perth-based mining equipment supplier Emeco Holdings has secured an agreement with Chilean mining contractor Fe Grande, which is expected to generate between $27 million and $32 million in revenue per year.
The Environmental Protection Authority has given conditional approval to Northern Minerals for its Browns Range project, located 160 kilometres south-east of Halls Creek.
West Perth explorer Azure Minerals has entered into a joint venture agreement with Kennecott Exploration, part of mining giant Rio Tinto, to explore for copper at its Promontorio project in Mexico.
Oil and gas exploration company Carnarvon Petroleum has announced a major oil discovery on the North-West Shelf, which it claims represents the largest in Australia for 30 years.
Gold prices fell to the lowest level in nearly two weeks on Friday as signs of health in the US economy outweighed news of a skirmish near the Ukraine-Russia border.
Gold and mineral explorer Golden Rim Resources has announced a $3 million placement, managed by Sprott Private Wealth, for exploration in Burkina Faso and working capital.
Auminco Mines has signed a memorandum of understanding with Mongolian cement manufacturer Khutul Cement and Lime for the supply of coal from its Berkh Uul coal project.
Mining giant BHP Billiton is expected to report a bumper full year profit next week after achieving a 15th straight year of record iron ore production.
Oil prices have tumbled, with the US benchmark dropping 2.1 per cent, as investors weighed a mounting batch of weak economic data from around the world.
A WA based company which is the world’s only supplier of pharmaceutical grade sandalwood oil has revealed a landmark deal it struck earlier this year was with global dermatology company Galderma.
Mid-tier iron ore miner Mineral Resources has increased its full-year net profit by 28 per cent to $231 million, with the help of a 93 per cent increase in iron ore export volumes.
Nickel miner Mincor Resources has released its full year results, revealing a net profit after tax of $1.85 million, a turnaround of more than $20 million from the previous financial year.
Former Kogi Iron and Galaxy Resources boss Iggy Tan has been appointed managing director of Australia Minerals and Mining Group, as the company moves to commercialise its High Purity Alumina project in the south-west.
Perth-based Handley Surveys has been given a $25 million two-year extension to its contract with Bechtel for surveying services to the Chevron-operated Wheatstone project.
Oil and gas firm Coretrack has signed a licence agreement with Specialised Oilfield Services for its core level recorder system technology, which will give SOS exclusive rights to develop, operate, manufacture and sub-license the technology.
Perth-based mining services firm Ausdrill announced today that its subsidiary Energy Drilling Australia would be mobilising its new $20 million high-tech rig, the Schramm T500XD Telemast.
Perth-based Southern Cross Electrical Engineering has been awarded an electrical and instrumentation contract at CITIC Pacific Mining’s Sino Iron project at Cape Preston, worth over $10 million.
Oil prices have dropped with the main European benchmark contract sinking to a 13-month low after a prominent petroleum forecaster slashed the demand outlook for 2014 and 2015.
Perth-based explorer NSL Consolidated has announced it has received $2.5 million from financer Effectivo, which will in turn receive 25 million of the company's shares.
Subiaco-based gold and metal base explorer Ironbark Zinc has announced a $2.5 million capital raising for permitting and pre-development works at its Citronen zinc project in Greenland.
Shares in junior oil and gas explorer Neon Energy have surged over 70 per cent on the news that the company had agreed to pay $US5.75 million to its Vietnamese joint venture partners, settling financial liabilities.
