Mega Uranium has finalised a deal to sell a 35 per cent stake in its Lake Maitland uranium project in Western Australia to three Japanese electricity utilities and Japanese trading house ITOCHU Corporation for US$49 million.
East Perth-based explorer Metals X has announced a restructuring of its board, with founding chairman Peter Newton to retire and managing director Peter Cook to step up to the chairman role.
CLIVE Jones has boosted his shareholding in Bannerman Resources, exercising more than 4 million options at less than a fifth of the current share price.
A PERTH company has developed materials conveying technology it says could mark the end of large haul and dump trucks in mining, and revolutionise the bulk materials handling industry at ports.
THE insurance industry is going through a "hard market" where rates are rising and insurers become more selective in the types of risks they are prepared to write.
Southern Cross Electrical Engineering will pay up to $5.1 million to acquire FMC Corpration, which operates Hindle Offshore Services and Hindle Electrics, as part of its strategy to re-enter the oil and gas sector.
Premier Colin Barnett says no agreement has been reached with BHP Billiton chief executive Marius Kloppers on the issue of royalties post a proposed Pilbara iron ore merger with Rio Tinto following an hour-and-a-half long meeting today.
Two more ex-Jubilee Mines executives have joined Nedlands-based Talisman Mining with Peter Langworthy and Brian Dawes today appointed executive directors.
Shares in Rio Tinto have slumped as much as 23 per cent in trade today, as the miner launches its $US15.2 billion ($A19 billion) rights issue, one of the world's biggest capital raisings.
Delays in receiving environmental approval for the $1.8 billion Karara iron ore joint venture have prompted Gindalbie Metals to make redundant 24 employees.
Shares in Perth-based explorer Buru Energy have been placed in a trading halt amid speculation that a $41 million cash takeover proposal by its chairman, using the company's cash reserves, may be dropped.
Gunson Resources will build its processing plant for the Coburn zircon project in Western Australia instead of China as it selects Intermet Engineering as its preferred engineering contractor.
Mid West iron ore hopefuls Gindalbie Metals and Asia Iron are not concerned by a cap on export volumes through Geraldton port, saying the limit only comes into place once the nearby Oakajee port is ready.
Sinosteel Midwest Corporation will appeal the environmental watchdog's rejection of a crucial part of its iron ore mining plans, which the company says will prevent the entire project from going ahead.
Straits Resources has taken a substantial shareholding in Adamus Resources as the latter steps up debt and equity talks for its $95 million gold project in Ghana.
Environmental work on Royal Dutch Shell's liquefied natural gas project in Gladstone will start shortly after the Queensland government declared the operation as a "significant" project.
Miner Jabiru Metals will be able to directly negotiate offtake contracts and has agreed to buy a partly constructed storage shed at the Geraldton Port following a restructure to an OZ Minerals agreement.
Engineering and infrastructure company GRD has become the latest acquisition target for UK-based AMEC, which has proposed a $106 million cash takeover offer.
DESPITE a major spat with federal Liberal deputy leader Julie Bishop, political observer Peter van Onselen still puts her in his top 10 most influential Western Australians.
HENDERSON-BASED shipbuilder Strategic Marine this month launched a new vessel it says sets new design and construction standards for crew boats in the oil and gas industry.
WITH the drums of the global financial crisis still pounding their deep-toned warnings, the shrill sounds of peripheral issues appear to have been drowned out.
Reward Minerals has appealed to the Commonwealth Attorney General to have last month's decision by the Native Title Tribunal over the Lake Disappointment project overruled.
