Mirabela Nickel's problems have taken a turn for the worse after one of its two customers flagged that it would seek to immediately exit a concentrate sales agreement on the basis of a force majeure, or unavoidable accident, at its nickel smelter.
Mining services group Ausdrill has warned shareholders it is battling weaker than expected market conditions, entering a trading halt as it prepares to release an update on its outlook for the 2014 financial year.
Panoramic Resources has made plans to raise $25.12 million through a placement and Share Purchase Plan to fast-track its nickel exploration at its Savannah and Lanfranchi projects.
Apache Energy is set to farm-in to the Canning Basin, signing a $25 million agreement to earn a stake in oil and gas exploration permits held jointly by Buru Energy and Mitsubishi Corporation.
MZI Resources has completed a $5 million equity raising, with international private equity group Resource Capital Fund boosting its stake in MZI to just less than 15 per cent.
The Abbott government is being urged to close a legal loophole after the Federal Court ruled against four Filipinos being paid less than $3 an hour to work on oil rigs off the West Australian coast.
Struggling miner Mirabela Nickel says it is in discussion with financiers to come to an agreement which will allow it to avoid defaulting on its obligations.
Empire Oil & Gas says a move by its biggest shareholder ERM Power to replace Empire directors with its own representatives has compromised its relationships with contractors and caused disruption to the business.
Gina Rinehart's Hancock Prospecting has notched up almost $2 billion in revenue and an operating profit of $601 million in the 2013 financial year, which makes it one of Australia's most lucrative private companies despite being the group's lowest profit in four years.
Tiger Resources has bolstered its finances with a $42.5 million capital raising as it works towards commissioning its Kipoi copper project in the Democratic Republic of Congo.
Downer EDI has secured a $400 million contract with Bechtel for two electrical and instrumentation packages for the downstream portion of the Chevron-operated Wheatstone project.
Oil prices have fallen again, with New York prices down a third straight day, amid rising stockpiles in the United States and a tepid picture for economic growth.
Shares in West Leederville-based Glory Resources have soared on the back of the gold explorer receiving a $30.5 million friendly takeover offer from Canadian miner Eldorado Gold.
The surprise discovery of coal in the Pilbara signals there may be many more valuable resources still undiscovered in Western Australia, according to Premier Colin Barnett.
Uranium miner Paladin Energy says an employee has died, almost a month after receiving significant burns in an electrical incident at its Langer Heinrich Mine in Namibia.
Calibre Group co-founder Ray Munro has agreed to take an executive role at Viento Group, where he will work alongside contracting veterans John Farrell and John Silverthorne.
The state government will introduce legislation this week which it says will encourage greater transparency around the environmental approvals process for mining projects and cut costs for business.
Struggling engineering contractor VDM Group has unveiled a recapitalisation proposal that involves some of its creditors being paid in shares, and warned the company may be placed in administration if the package does not proceed.
Perth-based Northern Iron has maintained sustainable improvements in production for the September quarter, despite issues at its Sydvaranger Iron Project in Norway.
UGL has told shareholders that its property and engineering arms are being split as quickly as possible and will be standalone companies by June 30 next year.
