Engineering and construction company VDM Group will look to strengthen its balance sheet through an $18.7 million capital raising, with the company's major shareholder H&H Holdings contributing $9 million to the finance boost.
BHP Billiton is backing the US gas boom to continue and says exports from there could start within three years, which could be bad news for Australia's rival projects.
South Perth-based Alcyone Resources is on the hunt for new investment opportunities after securing a $25 million credit facility with New York investment management firm Platinum Partners.
Mining giant Rio Tinto is still trying to find out what caused a toxic spill at its Rossing Uranium mine in Namibia - the company's second major radioactive incident this month.
Subiaco-based gold explorer Ampella Mining has recommended its shareholders approve a proposed $41 million off-market takeover bid from Egypt-focused miner Centamin.
BHP Billiton chief Andrew Mackenzie says his main aim is not growing volumes, confirming plans to cut capital expenditure by 25 per cent this year and further next year.
New Standard Energy plans to diversify its interests in the oil and gas sector by completing a farm-in agreement in the Cooper Basin in South Australia and acquiring 5,182 acres in a Texas oil shale asset.
Shares in Perth-based explorer Krakatoa Resources have soared on the back of the company signing a strategic alliance with Indonesian iron ore miner Sitasa Group.
Perth-based Kogi Iron has released indicated resource estimates of 466 million tonnes at 41.4 per cent iron at its Agbaja iron ore project in Nigeria, with an overall resource increase of 20 per cent.
Rio Tinto's former Pilbara iron ore president Greg Lilleyman has been promoted to group executive technology & innovation, just four months after he was made head of productivity improvement.
Seven Group Holdings subsidiary WesTrac China will pay $US130 million ($A143 million) to acquire Caterpillar Global Mining's distribution and support business in north eastern China.
The developer of the $10 billion Roy Hill iron ore project has secured a unique insurance scheme which safeguards the project against construction delays and wage blowouts caused by cyclones on the volatile Pilbara coastline.
Perth-based explorer Musgrave Minerals' share price has spiked up 40 per cent after releasing drilling results at the company's Deering Hills project in northern South Australia.
Queensland-based pipeline construction company Murphy Pipe and Civil has expanded its operations into Western Australia, opening a new Perth office in the hopes of winning further work on the state's resources projects.
Perth-based gold miner West African Resources has gained approval from shareholders of Canadian-based Channel Resources to combine the two companies for further expansion of gold projects in Burkina Faso.
Cassini Resources has resolved a share sale agreement to acquire 75 per cent of Crossbow Resources, the 100 per cent owner of the West Arunta X17 project in the Gibson Desert.
Perth-based oil and gas explorer Liquefied Natural Gas has announced plans to raise $15.3 million through a share placement as it looks to advance its Magnolia LNG project in the United States.
Shares in Perth-based gold mining junior Minera Gold have risen by 25 per cent after the company signed a Letter of Intent (LOI) with a private Peruvian entity to utilise a 200 tonne-per-day CIP gold circuit for its Torrecillas gold project in Peru.
Gindalbie Metals has agreed to sell its Shine hematite iron prospect to Mount Gibson Iron for $15 million as it focuses attention on bringing its Karara magnetite project to full production.
Gold futures have eased as investors try to determine what impact the continued gains in US hiring will have on the timing of a reduction in Federal Reserve stimulus.
Perth-based oil explorer Oilex has announced it has secured a $13.5 million three year equity financing facility with UK-based Darwin Strategic, for drilling at its Cambay onshore oil joint venture project in Gujarat, India.
Global chemical manufacturer Rockwood Holdings is set to acquire a 49 per cent stake in Perth-based Talison Lithium, just less than a year after its proposed $700 million takeover bid for the miner collapsed.
Mineral sleuth Rox Resources has raised $2.4 million for exploration programs and working capital in a share purchase plan, the company announced today.
Base Resources is set to increase its working capital for the ramp-up of its Kwale mineral sands project in Kenya by a further $US25 million up to a total debt facility of $US215 million.
Tangiers Petroleum is to acquire Jacka Resources via a friendly off-market takeover bid, combining to create an Africa-focused upstream oil and gas company valued at about $80 million.
Inspectors from the Department of Mines and Petroleum are investigating the death of a contractor at Newcrest Mining's Telfer gold mine in the Pilbara.
