Oil prices have extended their losing streak as concerns ease over supply disruptions from the Middle East, with Libyan exports set to resume and Iraqi unrest not yet affecting exports.
Perth gold explorer Emmerson Resources has completed raising $1.87 million through a 49 million share placement to Evolution Mining, satisfying all conditions precedent to the joint venture agreement.
In the first of a four-part series featuring EY Entrepreneur of the Year nominees, we spoke to Bill Beament about the extraordinary growth of Northern Star Resources.
Tempo Australia has been awarded a $13.4 million contract for engineering and construction work at Rio Tinto's Cape Lambert port expansion in the Pilbara.
Perth-based Altona Mining has agreed to sell all of its Finnish operations and most of its exploration assets to Swedish miner Boliden Mineral AB for about $US95 million.
World oil prices have fallen as traders eye the imminent resumption of Libyan crude exports and Iraqi output remains unaffected by ongoing fighting in the country.
The share price of Perth copper producer Aditya Birla Minerals risen 19.5 per cent on the announcement that its Nifty underground copper mine had been cleared to resume operations.
Perth-based explorer Zenith Minerals has acquired 51 per cent interest in Fitzroy Resources' Rookwood project, with an option to purchase the remainder.
Shares in Perth-based Poseidon Nickel have risen 23.7 per cent after the company agreed to acquire Norilsk Nickel's Black Swan project near Kalgoorlie for an undisclosed amount.
FEATURE: An investment in each of the 10 largest capital raisings by companies in Western Australia during 2013 would be 14 per cent underwater at current prices, according to research conducted by Business News.
Perth-based oil and gas company Antares Energy has received a fresh $US300 million offer from an undisclosed party for its Permian Basin oil and gas assets in Texas, less than six months after it backed out of a previous sale agreement.
Norton Gold Fields is poised to succeed in its Bullabulling Gold takeover bid after the Perth explorer begrudgingly accepted the increased takeover offer of 8 cents per share.
Graphite and nickel exploration company Kibaran Resources has raised $3.1 million through a share placement, just months after it completed a similar placement in February.
Western Australian small-cap explorer Impact Minerals has announced a successful $2.59 million capital raising to fund drilling projects in New South Wales.
Gold prices have ended lower, after better-than-expected jobs data showed the US recovery may be gaining traction, prompting traders to take profits on the precious metal's recent gains.
Silver Lake Resources has flagged more job losses in July with the announcement that it plans to close its Lakewood facility in Kalgoorlie, which is the company's second plant to shut down this year.
Western Australia-based Southern Cross Electrical Engineering has won a $25 million contract with BHP Billiton Iron Ore for electrical and instrumentation works at the Yarnima power station near Newman.
Doray Minerals' founding directors Allan Kelly and Heath Hellewell have won the Association of Mining and Exploration Companies' prospector of the year award for 2014.
Exploration firm Red River Resources has seen its share price jump by over 80 per cent after it entered into a $6.5 million agreement with the administrators of collapsed explorer Kagara, for the sale of its projects in northern Queensland.
Oil prices tumbled on Wednesday on the prospect of higher Libyan output joining ample global supplies and as traders continued to book profits from a sharp rally a week ago.
