BHP Billiton has reported net profit of $US10.524 billion ($A10.51 billion) in the first half of financial year 2011, and says it is confident of the outlook for commodities as emerging markets continue to drive growth.
West Australian Premier Colin Barnett says an agreement over a $30 billion gas hub north of Broome is in reach after a Federal Court ruling removed a "spoiler element" from negotiations.
BC Iron says a media report claiming its second largest shareholder, Regent Pacific, had sealed a takeover deal with the iron ore miner before it was announced to the market is "highly misleading".
Steel fabrication and engineering group G&G Mining has been fined $60,000 over an incident in which a worker from a labour hire firm was crushed and left a paraplegic.
Poseiden Nickel says it will restart its Mt Windarra nickel mine after it entered an $8 million agreement with GSM Mining to complete the refurbishment of the underground project.
Shares in Glory Resources rose after the junior minerals explorer acquired some landholdings from Rio Tinto in Canada that are prospective for platinum group metals, copper and nickel.
Atlas Iron has declared its off-market takeover offer for Giralia Resources unconditional and says it will accelerate payments to shareholders who accept the offer.
Northern Star Resources says it has acquired the 668,000 ounce Ashburton gold project from Sipa Resources in exchange for royalties on future production.
Western Australia's environmental watchdog says it is unlikely to support any further development on the Whicher Scarp, near Boyanup, after it knocked back Bemax Resources' proposal to develop a new mineral sands mine.
Earthmoving equipment supplier Emeco Holdings will book a $7.85 million pre-tax impairment charge on its Indonesian business, lowering earnings expectations for the company's first half.
Western Areas has announced a $56.5 million increase in its interim net profit, as the Western Australia-based nickel miner ramps up exploration to pre-GFC levels.
Leighton Holdings says it expects full year net profit to fall by more than 20 per cent in 2010/11, after reporting a 25 per cent drop in first half profit.
Investor dissatisfaction over what they say is an inadequate buyback proposal by Rio Tinto has led to the miner's shares losing ground on the London and Australian stock exchanges despite bumper profits.
Perth-based miner Perilya has given the green light for the development of the Potosi/Silver Peak zinc-lead-silver project, near Broken Hill in New South Wales.
The owner of the Toronto Stock Exchange, TMX Group, has bought a 50 per cent interest in MinesOnline, a West Australia-based company that connects buyers and sellers of mining assets and projects around the world.
Premier Colin Barnett says there are "grave risks" in pursuing new laws to ensure local firms gain work from major projects, after the steel industry and unions launched a campaign to keep resources fabrication and manufacturing jobs in Western Australia.
Australia's biggest gold miner, Newcrest Mining, has more than doubled its first half net profit due to record gold production and higher commodity prices.
Perth-based software developer ISS Group says it will consider paying an interim dividend, after reporting a significant lift in profit in the December quarter.
Shares in Perth-based mineral sands hopeful Latin Resources have jumped after it announced a major expansion of its Guadalupito iron and mineral sands project in Peru.
Chevron has announced its tenth offshore discovery in Australia over the past 18 months, with a significant Carnarvon Basin find that will feed into its $43 billion Gorgon natural gas project.
Independence Group has launched a friendly all scrip takeover offer for base metals miner Jabiru Metals, in a deal that values the target at $532 million.
Perth-based resources sector services provider NRW Holdings has flagged a rise in first half net profit of about 30 per cent, compared to the previous corresponding period.
Rio Tinto has announced plans to extend its Marandoo iron ore mine, with the international miner committing $US933 million to stretch its life by 16 years.
Hang on to your hat and watch your savings because if last night's sharp rise in the price of gold is an accurate guide, a long-predicted wall of inflation is about to break over the world.
Two of Western Australia's top sharemarket performers of 2010, Doray Minerals and Hunnu Coal, have seen their share prices dip after announcing resource estimates.
