The state government will draft amendments to the Mining Act that validate granted tenements, in the wake of the High Court’s recent ruling that kept sand mining off Andrew Forrest’s family pastora
Mining services company Ausdrill has secured three contract extensions, highlighted by a two-year, $US108 million ($142 million) deal at the Iduapriem gold mine in Ghana.
Medicinal cannabis company Creso Pharma will raise $17.5 million through a strongly supported share placement, while also announcing a partnership with Swiss chocolate firm Aeschbach Chocolatier to develop marijuana flavoured chocolates.
Carnegie Clean Energy has signed a binding term sheet with government agency Indigenous Business Australia and the Perth Noongar Foundation for a 50 per cent stake in the renewable energy company’s $17 million Northam solar farm.
BHP Billiton expects to lower costs in its Australian mining operations by a further 10 per cent, and has forecast the division will deliver $US1.6 billion ($A2.2 billion) in productivity gains over the next two years.
The Chinese government's environmental crackdown could provide a boost for the beleagured Sino Iron project, notwithstanding a recent adverse court ruling.
Weaker commodity prices have weighed on resources stocks and Telstra is losing ground but the Australian share market is slightly stronger in early trade.
Two of the state’s major agribusiness operators have announced a phased merger, with Craig Mostyn Group moving to full ownership and control of V&V Walsh over the next five years.
Shares in Azure Minerals have risen more than 20 per cent after the miner announced high-grade gold and cobalt discoveries at its Sara Alicia project in Mexico.
Shares in Downer EDI have jumped after the engineering group lifted its full-year profit because of larger-than-expected cost savings uncovered following its purchase of Spotless.
TransAlta officially opened its new 150-megawatt combined cycle natural gas power station in South Hedland today, with Horizon Power as its sole foundation customer after Fortescue Metals Group backed out of an offtake agreement.
Telstra shares have sunk after NBN Co said it would temporarily suspend the National Broadband Network rollout to work on improving the quality of the service.
MMA Offshore has postponed its annual meeting after a complaint from major shareholder Halom Investments to the Takeovers Panel regarding a $97 million capital raising.
Tap Oil has submitted an application to the Takeovers Panel requesting the disclosure of details surrounding major shareholders Risco Energy Investments and Chatchai Yenbamroong, and for the pair to be restrained from voting at the company’s annual meeting.
Australian shares have started the week ignoring a positive lead from Wall Street and its fresh record highs, with local indexes unsettled and swinging in and out of positive territory at the opening of trade.
Environment Minister Stephen Dawson has endorsed the environmental watchdog’s rejection of Mineral Resources’ Jackson 5 and Bungalbin East iron ore project, however, the government is yet to make a final decision on the proposal.
The state government has signed an agreement with the mining industry to ensure social and economic benefits to the Pilbara community with a focus on pathways to employment.
Kalium Lakes will raise $14.2 million in an oversubscribed share placement with plans to complete a bankable feasibility study and start early site preparation works at its Beyondie sulphate of potash project in the Pilbara.
Greenland Minerals is set to raise $10.25 million through a share placement with the funds to be spent on technical optimisation and completion of permitting for its Kvanefjeld rare earths project.
Australian shares are trading lower in early trade, with investors wary after a sharp decline in the Chinese markets on Thursday and with Wall Street closed for a public holiday.
