Shares in uranium stocks with assets in Western Australia have surged this morning as the prospect of a ban on mining the commodity comes to an end following the Nationals support of a minority Liberal state government.
Two major shareholders in Western Australian iron ore miner Midwest Corporation Ltd have accepted the takeover offer from Chinese steelmaker Sinosteel, giving the bidder more than 82 per cent acceptances of its bid.
Shares in Perth-based miner Perilya Ltd have dramatically reversed its recent losses, skyrocketing over 60 per cent in trade today after Credit Suisse labeled the stock as "too cheap".
The directions hearing between Murchison Metals Ltd and Chameleon Mining NL has been adjourned until next week after the judge presiding over the matter did not attend.
East Perth-based Metals X Ltd will move ahead with plans for the development of its Wingellina nickel project in Western Australia following a feasibility study that pegged capital costs at $2.2 billion.
Chinese company Sinosteel Corporation has today emerged with a 70.2 per cent holding in takeover target Midwest Corporation Ltd following yesterday's surprise acceptance by former suitor Murchison Metals Ltd.
Ausdrill Ltd has blamed a fall in the company's share price on hedge fund selling after comments from suitor Macmahon Holdings Ltd that its takeover bid was unlikely to succeed.
Sinosteel is a step closer to full control of Midwest Corporation Ltd after Midwest shareholder Murchison Metals Ltd reversed its previous opposition to the Chinese company's takeover offer.
Shares in Perilya Ltd have dropped by over 40 per cent on news it will sell its Mount Oxide copper and cobalt project to West Perth-based Chalice Gold Mines Ltd in a scrip deal worth $25 million.
AusQuest Ltd director John Ashley said he is not concerned of a takeover by acquisitive US company Cleveland-Cliffs, which will take a 30 per cent stake in the Ardross-based minerals explorer.
The schedule for Australia's largest gold mine could be extended as manager Newmont Mining Corporation said work on the Boddington operation is now 83 per cent complete.
Ausdrill Ltd joint venture vehicle, African Underground Mining Services, has won a four-year $90 million production mining contract with the West African Red Back Mining.
Air passengers travelling with Skywest will be able to save a few dollars with the recent decline in oil prices prompting the airline to decrease it fuel surcharges, however Qantas and Virgin Blue have indicated they won't be moving any time soon to cut t
Rio Tinto has emerged as the mystery buyer behind an 11 per cent parcel of shares in uranium explorer Extract Resources Ltd, which could be a hurdle in the company's planned merger with West Perth-based Kalahari Minerals Ltd.
COOGEE Chemicals and sister company, Coogee Resources, have both appointed new chief executives with Coogee Resources also appointing a new chairman.Coogee Resources’ major shareholder Gordon Martin (
The iron ore, nickel and gas sectors have grown to dominate new investment in Western Australia's resources sector, but there continues to be substantial investment in other mineral sectors across the state.
WHILE critics have been quick to jump on the Labor-bashing bandwagon after the state election, there hasn't been much reflection on some of the strategic challenges that will face the next state government, whoever leads it.
HISMELT, Minara Resources and Rocla Quarry have been recognised for their excellence and leadership in environmental responsibility at this year’s Golden Gecko awards.
Smartrider, Perth's public transport integrated ticketing system, is the leading contender in the process to introduce a smartcard system in New Zealand.
Rising energy, steel and labour costs, and the added burden of investors snubbing the industry has led to a spate of casualties in the gold sector in recent years.
THE state’s geothermal industry has been given a kick-start with the government awarding a private Guildford-based company the first exploration permits in Western Australia.
Seven of the eight companies facing prosecution over the deaths of two workers during Cyclone George last year have not entered a plea in the Perth Magistrates Court today.
Fortescue Metals Group Ltd has extended a drill and blast contract with Ausdrill Ltd in a deal that will generate the mining services company over $300 million in revenue over five years.
Mineral production in Australia will slide by 210 million tonnes by 2020 if a 10 per cent reduction in emissions is set, according to the Minerals Council of Australia, while conservationists have labeled the target as "laughable".
South Perth-based uranium company Extract Resources Ltd has entered into a merger agreement with London-listed Kalahari Minerals Ltd in a scrip deal worth over $210 million.
Portman Ltd said it is assessing its options of its shareholding in Golden West Resources Ltd after a Federal Court judge today ruled against the validity of its proxy forms lodged for last week's extraordinary meeting.
A $72 million price tag has been placed on the development of Perth-based Tiger Resources Ltd's African copper project with payback for operation pegged at one-and-a-half years.
It may have been a tough past six months for the resource sector but not so according to Standard & Poor's as changes to its S&P/ASX indices reveal a majority of inclusions being resource stocks.
In a bid to bolster exploration after winding down its Western Australian mining operations in July, Fox Resources Ltd has hired Newexco Services Pty Ltd to undertake base metals exploration.
