IT has been a tough past few months for companies looking for extra cash, with the surge in market volatility causing investors to further tighten the purse strings.
Brockman Resources Ltd has signed a native title agreement over its Pilbara iron ore project, putting it on track to achieve first production late next year.
Balcatta-based Perseus Mining Ltd has estimated capital costs for its gold project in Ghana to cost $220 million as the definitive feasibility study remains on track for completion in April next year.
Brisbane-based Norton Gold Fields Ltd will move to acquire the remaining shares in West Perth-based Bellamel Mining Ltd after its friendly takeover offer closed yesterday.
Perth-based CGA Mining Ltd expects to start producng gold from its $250 million Philippines project in the first quarter of next year as construction of the operation runs ahead of schedule.
Impairment losses and write-downs of inventories has hit mineral sands miner Matilda Minerals Ltd, which posted a full year net loss of $17.3 million for fiscal 2008, up from the previous year's net loss of $3.1 million.
Lessons learnt from the Asian financial crisis are now cushioning the region from the continuing global fallout overnight from the United States equities quagmire, according to one of South East Asia's most prominent business commentators.
GRD Minproc, a subsidiary of GRD Ltd, has secured the engineering contract for the $5.2 billion Sino iron ore project in Western Australia, currently being developed by Citic Pacific Mining.
North Perth-based Stonehenge Metals Ltd has terminated an agreement to acquire a majority stake in an Indonesian nickel project due to unresolved issues surrounding exploration permits.
Rio Tinto's share raid on South Perth-based Extract Resources Ltd has continued, with the mining major lifting its stake in the explorer to 14.4 per cent.
Emerging Perth-based base metals company Bass Metals Ltd has confirmed a maiden $1.78 million net profit for fiscal 2008 financial, underpinned by strong high-grade production from the Que River operation in Tasmania.
Initial public offerings on the Australian share market have sunk to a low of 14 for the first quarter of 2008-09, with 11 of these in the mining sector, according to Ernst & Young's quarterly IPO analysis.
More than 300 local and international exhibitors will be on show at the 2009 Australasian Oil & Gas Exhibition in Perth, making it the biggest oil and gas expo ever held in the Southern Hemisphere.
Vulcan Resources Ltd, a base and precious metals development and exploration company working in Finland, has become the latest in a string of companies to feel the pinch thanks to the financial crisis affecting markets around the globe.
Private Chinese company Shagang International Holdings will emerge with a 45 per cent stake in Grange Resources Ltd as a result of a merger deal announced today between Grange and Australian Bulk Minerals.
Perth-based Catalpa Resources Ltd is aiming to become Australia's next mid tier gold producer by developing its open pit assets, located on its extensive and wholly-owned mining tenements in Western Australia.
DEVELOPERS and planners in the Mid West should learn from the Pilbara to better understand the pressures that come along with being a 'boom town', according to Carr Civil Contracting managing director Mark Blayney.
WESTERN Australia's iron ore miners have called on the newly elected state government to deliver on an election promise to provide a more efficient approvals process for new mine and exploration licences.
PERTH is clearly an uneasy home for entrepreneur Tony Sage.
Though he's spent the bulk of his adult life here or working elsewhere for Perth-based companies, it appears Mr Sage has not always been accepted in the Western Australian capital.
NEW Mines and Petroleum Minister Norman Moore is under no illusions about where his focus will have to be as he returns to the position he held in the previous Liberal government - the approvals process for mining and exploration.
THE formal swearing-in this week of the Barnett ministry marks the start of what should be an exciting period of government in Western Australia, though there will be no shortage of tough challenges.
SUSTAINABILITY and affordability are beginning to drive innovation in the use of building materials in Western Australia's housing industry, with more developers using imported and lightweight products.
Perth company Complete Site Services, a subsidiary of the Complete Group, has been awarded a $65 million contract to supply and install a 801-man camp for Fortescue Metal Group's Christmas Creek project, about 100km north of Newman.
