Resource Equipment has announced plans to raise up to $8.8 million through a share placement to a consortium of investors with experience in the equipment rental and water management industries.
Gold futures have fallen to a seven-week low as signs of stronger US economic activity and subsiding tensions in Eastern Europe sap investor interest in the haven asset.
Shares in West Perth-based junior Horseshoe Metals have soared after the company outlined plans to raise $2 million through a placement and rights issue in a deal with investor Michael Fotios.
Southern Cross Electrical Engineering has forecast a big fall in net profit for the 2014 financial year, with intense competition for contracts squeezing its margins.
Alinta Energy has awarded engineering group UGL a $136 million contract to design and construct a high voltage power system which will supply electricity to the massive Roy Hill iron ore mine.
Empire Oil & Gas has appointed an independent chief executive to lead the business following a board overhaul last year which claimed the scalps of each of its former directors.
Shares in West Perth-based gold miner Millennium Minerals have soared after the company reported a maiden net profit following its first year of commercial production.
Billionaire Kerry Stokes' Seven Group Holdings has lodged a takeover bid for debt laden oil and gas company Nexus Energy, in a deal that values Nexus at $26.6 million.
Regis Resources has unveiled a restructure of its management team just weeks after reporting a slump in half-year profit and experiencing major flooding at its Duketon gold operations.
Australian liquefied natural gas projects can continue to be competitive against new developments planned for the United States, Canada and east Africa, industry consultant RISC has found.
Woodside Petroleum says it has failed to reach definitive agreements with its partners in the Leviathan gas project off the coast of Israel by the joint venture's proposed deadline.
Fortescue Metals Group has vowed at the official opening of its final expansion project that it was not the end of its incredible rise to become the world’s fourth-largest iron ore producer.
Gold prices have sunk to a six-week low as signs of improving US economic growth and easing concerns about Ukraine sap investor interest in the haven asset.
Belmont-based junior Tungsten Mining hopes to raise about $4.2 million through a heavily discounted share placement and entitlement offer to fund engineering studies at its Kilba tungsten project in the Gascoyne.
The Abbott government has moved to repeal legislation that would effectively extend Australia's migration zone to ensure workers on offshore oil and gas projects obtain visas.
Export earnings from resources and energy commodities are expected to increase by eight per cent a year, driven by growth in volumes and despite softness in prices, a federal government forecaster predicts.
Investors in collapsed engineering contractor Forge Group have been dealt more bad news, with the company's liquidators declaring shareholders' stock holdings are now worthless.
US oil prices have slipped as traders anticipate a gain on stockpiles in the United States in the government's weekly crude inventory report, but prices were slightly higher in London.
Sundance Resources says it is confident of attracting financiers to its Mbalam-Nabeba iron ore project after securing a 10 year off-take arrangement with commodities trader Noble Resources International.
Papillon Resources has commenced a definitive feasibility study for its Fekola gold project in Mali, appointing Perth-based contractor Lycopodium as lead engineer for the study.
The Abbott government will need to bide its time until the new Senate arrives in July before having any real chance at abolishing the mining tax, after Labor and the Greens blocked the government's repeal efforts.
Monadelphous Group has been awarded three contracts with a combined value of about $250 million on the massive Australia Pacific LNG project in Queensland.
Mineral Engineering Technical Services has added Sanderson Consultants to its stable of engineering firms and signed an agreement to earn-in to Australia Minerals and Mining Group's Glenarty Creek mineral sands project south of Perth.
Explosives, mining services and chemicals supplier Orica has secured 100 petajoules of gas from Strike Energy, in an agreement which will enable the development of a large gas resource in the Cooper Basin in South Australia.
