Mining

Nexus Energy hopes its gas projects will continue to operate despite the company appointing administrators after shareholders rejected Seven Group's takeover bid.

Oil prices leapt to their highest level in nearly nine months on Thursday, on rising concerns that turmoil in Iraq will disrupt Middle East supplies.

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.

Emerald Oil & Gas intends to raise about $5.7 million through a placement to sophisticated investor clients of Perth stockbroking firm Euroz.

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.

Oil prices finished somewhat higher following an unexpectedly large decline in US crude supplies and worsening turmoil in Iraq.

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.

Downer EDI's overburden removal contract at the Goonyella Riverside coal mine in Queensland has been terminated by BHP Billiton Mitsubishi Alliance.

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.

Oil prices have dipped on the eve of OPEC's meeting to decide crude output levels and ahead of the weekly report on US crude inventories.

Nexus Energy shares have slumped more than 20 per cent as investors worry their shareholdings could be worthless within 48 hours.

Increasingly online-savvy customers have fuelled business and government demand for digital communications advice, which in turn has spurred public relations firms to increase their offering in this specialist area.

Woodside Petroleum has more than doubled its intake of graduates, from 50 hired in 2013 to 115 expected to start next year.

Northern Star Resources has cleared the main hurdle to its acquisition of the Jundee gold mine while also announcing monthly production results that were better than its own targets.

Perth-based company Cauldron Energy has secured $11 million in funding through share placement agreements with Chinese investors.

Oil prices have rallied sharply, with the US benchmark hitting a three-month high, after positive Chinese, Japanese and US economic data raised expectations for more energy demand.

Mining giant Rio Tinto has loaded 200 million tonnes of iron ore with its fleet of 53 autonomous trucks.

Are calls for change self-serving or do they highlight a collective opportunity?

Vikas Rambal is pushing ahead with his multi-billion dollar fertiliser plant and pursuing a newfound appetite for property investment.

Cash-strapped oil and gas company Nexus Energy has warned shareholders it will likely be forced into administration if a planned takeover by Seven Group Holdings fails to win approval.

The latest round of Western Australia's Exploration Incentive Scheme will pump almost $5 million into the search for minerals and petroleum at a crucial time for the state's resources industry.

Sundance Resources has appointed Portuguese construction company Mota-Engil Africa to build the $US3.5 billion port and rail infrastructure for the Mbalam-Nabeba iron ore project.

Gold prices rose after the European Central Bank moved deposit rates into negative territory in an effort to boost inflation.

Iron Ore Holdings' Buckland project has been deemed technically and commercially viable following the completion of a feasibility study at a cost of about $30 million.

Poseidon Nickel has restarted mine refurbishment activities at the Windarra mine site and employed new managers as it prepares for potential production later in the year.

Mining giant BHP Billiton has cut about 100 staff from its iron ore division headquarters in Perth.

Copper prices recorded their steepest drop in seven weeks on concerns that a Chinese probe into the use of metal for obtaining loans would hurt demand.

A new joint venture between the tertiary education sector and industry is seeking to bring engineering firms and local graduates together in an effort to streamline employment opportunities.

Oil and gas explorer New Standard Energy has sought to assure shareholders it is committed to its projects in Western Australia after deferring all of its Canning and Carnarvon Basin drilling activity until 2015.

Iluka Resources has teamed up with iron ore producer Vale to evaluate and potentially develop a major titanium bearing deposit in Brazil.

International engineering contractor Bechtel is seeking to diversify its local business by securing work on sustaining capital projects in the mining sector.