Chinese steelmaker Ansteel is set to provide a further $US230 million injection of working capital into the Karara iron ore project in the Mid West, in a deal that would dilute Gindalbie Metals' stake in the project to as little as 38 per cent.
Employment services company Skilled Group has won a $A200 million contract to provide labour for a pipeline linking Darwin with offshore Western Australian gas deposits.
Mining transport company AL Logistics has gone into voluntary administration as it seeks to secure a $2 million investment to pay its creditors and continue operating.
Perth-based explorer Siburan Resources will seek to raise $3 million to progress its ongoing exploration activities at the Kirwan tungsten project New Zealand.
Perth-based explorer Australian-American Mining Corporation has received a $10 million debt finance term sheet from a private lender as it seeks to bring its American copper interests to production.
Southern Cross Goldfields has announced the immediate resignation of three of its directors, just days after announcing the departure of the company's chief executive.
Galaxy Resources says it is back on track to pursue the development of its flagship mine, with its Jiangsu processing facility on course to break even this year, and a further $1.1 million in cost
Perseus Mining is set to lose two of its founding directors, with Rhett Brans and Neil Fearis to resign following the company's annual general meeting in November.
West Perth-based gold miner Middle Island Resources has raised $5 million towards its proposed acquisition of the Samira Hill gold mine in West Africa through a share placement.
The world's largest drilling company Boart Longyear says it will reduce the size of its revolving credit facility from $US450 million to $US140 million.
Gold futures have slumped as comments from a slate of Federal Reserve officials cause traders to reassess their expectations for the duration of the central bank's bond-buying program.
Construction workers who participated in unlawful industrial action at Woodside's Pluto project have been ordered to pay over $1 million in total fines, with some individual fines reaching $10,000.
GR Engineering has joined the share register of one of its major clients, Mutiny Gold, receiving more than $748,000 worth of stock as consideration for engineering works.
UGL has selected former UWA graduate and Clough executive Russell Waugh to lead its engineering business, which is set to become a listed company in its own right following a demerger.
Resources giant BHP Billiton says its new $US1.5 billion gas plant will supply 20 per cent of the state's domestic market amid hopes of doubling capacity.
In an industry not typically associated with ‘doctors', one Perth-based oil and gas services company has stacked its ranks with PhD holders in physics and maths, geophysicists, petrophysicists and
Aquila Resources is considering legal action after talks broke down with a South African government-backed company over alleged overlapping mining rights to a manganese deposit in South Africa.
IMX Resources has taken a major step towards making the transition from explorer to producer, announcing today a $US60 million joint venture exploration agreement with Hong Kong resources group MMG
Galaxy Resources says it is poised to pursue its debt reduction strategies after securing an additional $20.3 million through a shortfall placement, taking its total capital raising up to $37.5 million.
BGC Contracting, Decmil Australia and Rapid Crushing & Screening Contractors have inked separate deals with Pilbara iron ore miners Atlas Iron and BC Iron.
