Malaga-based Automotive Technology Group has expanded its presence in China with the signing of another deal with one of the country's largest car manufacturers.
Resource explorer Centamin Egypt has entered into an agreement with a syndicate of underwriters to raise $73 million through a share placement, with funds to be applied to the development of the Sukari gold mine.
The closure of BHP Billiton's Ravensthorpe nickel operations will strip the state government of up to $20 million in mining royalties a year and is expected to cut the region's population by half.
A higher gold price has boosted Dominion Mining's quarterly revenue by 27 per cent despite a dip in production and higher cash costs at its Challenger mine in South Australia.
BHP Billiton has reported a rise in iron ore production for the first half of the 2009 financial year but said it had received requests from some iron ore customers for deferrals to shipments amid the weak economic environment.
Bentley-based mining services company TeamTech has been acquired by Vancouver-headquartered Gemcom Software International, which will complement the latter's mine performance division.
West Perth-based explorer Advance Energy has received a return on investment of over 100 per cent as it finalises the $3 million sale of its Lone Camp gas project in Texas.
Shares in nickel miner Albidon have slumped over 41 per cent as it posts "disappointing" production figures and suspends some development work at its Zambian mine.
Western Areas Exploration Pty Ltd has been ordered by the Full Court of the Court of Appeal to pay for the appeal costs for Terry Streeter, chairman of unrelated company Western Areas, and his colleague.
Shares in Rio Tinto have fallen by as much as 10 per cent today as the miner posts a significant drop in iron ore output during the fourth quarter as the global market weakened amid the global economic slowdown.
FORMER Woodside Petroleum executive Dave Agostini (pictured) has been appointed executive of the state government-Commonwealth inquiry into the Varanus Island gas explosion, along with Kym Bills of th
RIO Tinto has announced the postponement of plans for an automated train operation program in the Pilbara, as part of its strategy to cut costs and debt.
LUXURY fashion label Emporio Armani will soon join other high-end retailers at the new Wesley Quarter redevelopment, as the first of the centre’s retailers open their doors.
The Western Australian Trade Enquiry Service is operated by the Chamber of Commerce and Industry WA with the support of the WA Government's Department of Industry and Resources.
Kenneth Ambrecht bought 3,070 shares in Fortescue Metals Group at $2.281 per share at share market price, bringing the total value of his shares to $14,362369.
Galaxy Resources plans to capitalise on the anticipated growing demand for power electric and hybrid cars as it approves development of its $68 million Mt Cattlin lithium-tantalum project near Ravensthorpe.
Macmahon Holdings is expected to lose 75 per cent of its Argyle Diamonds' revenue and possibly lose 200 of its contractors as Rio Tinto scales back production and development work at the Kimberley mine.
One of China's largest banks has given its approval to a $1.8 billion loan to Gindalbie Metals' Karara iron ore joint venture following completion of due diligence.
Wall Street closed narrowly mixed yesterday as investors began to worry about the weakening global economy, a poor start to the corporate earnings season and the health of ailing banking giant Citigroup, the Australian newspaper has reported.
Despite a low cash balance, Perth-based 3D Resources says it has sufficient funds to meet its obligations as its managing director steps down and the company suspends all exploration activity.
Rio Tinto has postponed its $547 million automated train operation in Western Australia and suspended a $236 million underground mine development in New South Wales amid the gobal economic downturn.
Diversified miner OZ Minerals will halt production at its Scuddles mine in Western Australia with 70 employee and contractor positions to be cut in an effort to conserve cash.
Nedlands-based Dragon Energy will be hoping to mirror the success of a fellow Western Australian phosphate explorer as it opens its $1.5 million initial public offer.
Further studies into processing methods at Perseus Mining's Ayanfuri gold project in Ghana has reduced capital costs by 23 per cent to $192 million with project payback to take about one year.
Some 21 per cent of Mount Gibson Iron shareholders have participated in a $96.5 million rights issue, with the remaining shares to be taken up by APAC Resources and Shougang Concord.
Perth-based oil and gas explorer Otto Energy plans to start drilling the Santa Rosa tenements in Argentina in June this year after the approval of a near $6 million exploration budget.
The directors of WA listed company Fusion Resources have accepted Paladin Energy's takeover offer, with the uranium miner boosting its interest in the minnow to over 28 per cent.
