Following three tough months Wesfarmers and the state's miners helped the market capitalisation of Western Australian listed companies, which comprise the Deloitte WA Index, to bounce 5.3 per cent higher in July to $148.4 billion.
A $40 BILLION liquefied natural gas supply contract has crowned a sustained investment push into Western Australia by South Korean companies determined to shore up their long term supplies of key commodities.
Sandfire Resources has defied today's market trend to record a modest increase in its share price after announcing a substantial increase in the size of its DeGrussa copper deposit.
OZ Minerals’ $100 million plunge on shares in Western Australian copper explorer Sandfire Resources has refocused attention on what is shaping as Australia’s next great copper province.
Energy giant Shell has struck its first third party supply deal for liquefied natural gas from its planned $US5 billion Prelude floating LNG project off the Kimberley coast.
The proposed merger of Aurox Resources and Atlas Iron moved a step closer this week with an Independent Expert deeming the transaction "fair and reasonable".
If bets were placed on the chances of pigs flying over Perth, or a former president of the Australian Council of Trade Unions criticising employers for paying their workers high wages, it's a fair chance that the flying pigs would get shorter odds.
Australian mining executive John Carr-Gregg, tragically killed in a plane crash in West Africa, has been remembered as a gentleman and family man at a memorial service in Sydney.
The ASX Appeal Tribunal has overturned the Exchange's earlier decision to ban the relisting of shares in two Tony Sage companies, International Petroleum and Global Iron.
Swick Mining Services has announced a downgrading of its revenue guidance for the 2009-10 financial year as a result of delays in several drilling programs.
Aspiring manganese miner Mesa Minerals has cancelled its extraordinary general meeting scheduled for tomorrow after significant shareholder Mighty River International requested resolutions for the meeting be withdrawn.
Fox Resources says it is in talks with shareholder Jinchuan Group to extend a current offtake deal and a possible $20 million funding agreement for its Radio Hill nickel-copper project in the Pilbara.
Western Australia's title as the resources state was further cemented today with new figures showing it accounted for 79 per cent of the $109.6 billion committed to projects across the country.
Shares in Balcatta-based minerals tester Ammtec have soared 30 per cent after it received a $123 million takeover offer from laboratory services and chemicals producer Campbell Brothers.
The Northern Territory government has launched a concerted campaign to poach business from Western Australia and rival Perth as a regional oil and gas capital.
West Perth-based Aphrodite Gold has today opened its $10 million initial public offer to progress exploration and development at its namesake deposit which it recently bought from Apex Minerals.
West Perth-based Adelphi Energy has urged its shareholders to take no action regarding an on-market takeover offer launched today by its major shareholder, oil and gas company AWE.
Up to half of the 500-strong workforce at collapsed Griffin Coal is reportedly at risk of losing their jobs next month as customer Worsley Alumina talks to Wesfarmers' Premier Coal about switching its coal supply.
The founding managing director and chief executive of NRW Holdings, Jeffrey McGlinn, has resigned from the mining services company to pursue other private business interests.
Gindalbie Metals plans to tap the market for up to $206 million to fund its Karara iron ore joint venture, days after it announced a capital cost increase at the Mid West project.
Subiaco-based explorer TNG has sold its Manbarrum zinc-lead-silver project in the Northern Territory for $US8.5 million ($A9.5 million) cash to China's Teng Fei Mining, and has flagged more potential deals.
Fox Resources has potentially doubled the mine-life for its Radio Hill copper and nickel operation in the Pilbara following an evaluation of the Sholl B2 deposit.
Global Iron and International Petroleum will continue their quest to be reinstated to the Australian Securities Exchange after an appeals tribunal said the stock market regulator should have taken additional information into account.
Shares in Range Resources surged up to 30 per cent today after an investigation into its jointly owned Texas field estimated a potential cash flow of $US363 million ($A402 million).
Cape Lambert Resources has lifted its takeover offer for DMC Mining to the same level as the endorsed offer from Meijin Energy Group while the target ups the ante, saying that other parties could make rival offers.
The environmental watchdog has conditionally recommended the development of the $US2.7 billion ($A3 billion) Collie urea operation by private company Perdaman Chemicals and Fertilisers.
Swiss mining giant Xstrata says it has suspended a $30 million copper exploration project in Queensland because of the proposed resources super profits tax.
