Fremantle-based minerals company Cleveland Mining has secured three mining projects in central Brazil which the newly-formed outfit hopes will deliver significant production levels following detailed geological investigations of the projects.
Perth-based Newland Resources has unveiled a "revitalisation" plan that includes three new major investors including Argonaut and Craig Burton, and a refocus on acquiring resource projects.
Takeover target Polaris Metals says there could be another takeover offer in the wings as first bidder Minerals Resources lifts its interest to 22.3 per cent.
Jameson Resources will divest its Ora Banda gold assets near Kalgoorlie to Subiaco-based Winchester Resources, which is planning a $2 million initial public offer.
Newmont Mining Corporation has poured first gold at the $US3 billion Boddington gold mine, and trucked its first shipment of copper concentrate to the port in Bunbury.
A newly formed joint venture between Canning Vale-based Electrical Construction and Maintenance and Queensland's Goodline has won $80 million worth of contracts for the new berth in Port Hedland and the Sino iron ore project.
Shares in West Perth-based Advance Energy jumped as much as 60 per cent in trading today following the announcement of its acquisition of ten producing wells covering 1,600 acres in Martin County, Texas for $US2.625 million.
Directors of Herald Resources have unanimously recommended shareholders accept an increased offer of 93 cents per share from its majority shareholder, Jakarta-based PT Bumi Resources' wholly-owned investment vehicle, Calipso Investment Pte Ltd.
West Perth-based Polaris Metals has confirmed it has held talks with its largest shareholder but has not received or is aware of any takeover proposal that may be launched.
Global company Nystar will pay $6.6 million to buy a major stake in Subiaco-based Ironbark Gold, and has agreed to a life-of mine offtake deal for the latter's Citronen lead-zinc project.
Leederville-based Cazaly Resources has failed to wrest control of the Rhodes Ridge tenements, which contain billion of dollars of iron ore, from mining giant Rio Tinto.
The second legal showdown between Murchison Metals and Chameleon Mining is due to start tomorrow over key Mid West iron ore tenements valued at up to $1.5 billion.
Mining company OMH Holdings has secured a $294 million deal to acquire a majority stake in a South African manganese project, and will welcome Brian Gilbertson onto its board.
Michael Minosora has resigned as the chief financial officer of Fortescue Metals Group to take up the managing director position at little known West Perth-based explorer, Atlantic.
Thai oil and gas firm PTT Exploration and Production Public Company will acquire a subsidiary of OMV Australia that holds interests in the Timor Sea, in a deal valued at about $US10 million ($A11.6 million).
Perth-based Dragon Mining plans to buy the remaining interest in the Weld Range tenements in the Mid West from joint venture partners Minara Resources and the administrators of Sons of Gwalia for $2.35 million.
The impact to an environmentally sensitive area within Sinosteel Midwest Corporation's Mid West iron ore project has been deemed minimal, as the state government today upheld the Chinese company's appeal.
World oil prices tumbled Thursday as weak US economic data and signs of sluggish energy demand in the United States highlighted fears about a tepid recovery from the global recession.
A Chinese company has abandoned plans to take control of rare earths explorer Lynas Corporation after Australian regulators demanded it reduce the scope of the planned transaction.
Cazaly Resources will raise $4 million through a private deal with an unnamed Chinese company, as it looks to advance Parker Range iron ore project in the Yilgarn region.
Another Chinese entity has made its way onto Mount Gibson Iron's share register, with the coal company buying Shougang Concord's interest in the miner for $176.3 million.
THE major engineering companies in Western Australia cut employment by 15 per cent during the past 12 months, defining the impact of the global financial crisis on the sector.
PERTH'S commercial office market and the state's building industry are both looking to big gas developments such as Chevron's Gorgon project to be a key driver of activity.
Perth-based explorer CityView Corporation has scrapped one acquisition in favour of another that will give it a controlling stake in a coal briquette company, with the deal valued at $27 million.
Entrepreneur and minerals explorer Bill Clough has cashed in a large pile of Mirabela Nickel shares, pocketing more than $6.5 million through an on-market sale.
