Fortescue Metals Group executives have fronted a Senate Committee hearing considering the proposed Minerals Resource Rent Tax saying the tax will have a devastating impact on the incentive to invest in the mining industry.
Northern Star Resources has continued its stellar run at the Paulsens Gold Mine beating its production target at the mine by nearly 30 per cent in October.
Ampella Mining has appointed former WA Newspapers and Western Power chairman Peter Mansell as its new chairman following the departure of chairman and director Bill Ryan last month.
Nomad Building Solutions has announced plans to raise $14.3 million via a share placement and an entitlement offer to strengthen the company's balance sheet.
West Perth-based Avanco Resources has raised $20 million via a placement to institutional and sophisticated investors to accelerate the exploration and development of its copper and nickel projects in Brazil.
Paladin Energy and Aquila Resources are at odds with climate change campaigners after the companies both rejected resolutions to discuss the issue at their AGMs.
WA-based shipbuilder Austal has bought defence services provider Australian Technology Information and confirmed the US Navy has asked the company to change its contract to build 10 new ships.
Western Power has outlined its commitment to several projects in the metropolitan area and country WA in its annual planning report as the utility works to meet increasing electricity demands over the next year.
The Association of Mining and Exploration Companies has reiterated, "one size does not fit all" in its submission to the Federal Government's Policy Transition Group, on the proposed Minerals Resource Rent Tax.
Creditors of Sons of Gwalia, including litigation funder IMF (Australia), are due to get further dividends of about $45 million, the failed mining company's administrator has estimated.
A range of people and organisations with interests in the state's mining industry will make presentations to the Senate Committee considering the mining tax, which is visiting Perth on Monday.
Rick Hart-led Renaissance Minerals is hoping to raise $2.52 million via a share placement to sophisticated and institutional investors, to accelerate gold exploration at its Eastern Goldfield tenement.
Sundance Resources has appointed China's largest investment Bank, CITIC Securities, to help secure debt and equity funding for its Mbalam iron ore project in West Africa.
A former financial adviser at Infocus Securities Australia has accepted an enforceable undertaking from the Australian Securities and Investment Commission.
Tony Sage-led Cape Lambert Resources has struck an $83 million deal to sell subsidiary DMC Mining in a cash and scrip and production royalty agreement.
A Chinese consortium trying to win support for a deal with iron ore developer Sphere Minerals claims that a majority of Sphere shareholders will reject an alternative takeover proposal from Xstrata.
Austal shares gained nearly 20 per cent today after the company disclosed it may share an expanded US Navy contract to build coastal warships with rival tenderer Lockheed Martin.
Mining services group MACA has had an excellent first day's trading on the Australian Securities Exchange closing 45 cents above its issue price of $1.
A state government plan to redevelop the north eastern area surrounding Claremont Oval has been formally launched and will include apartments, townhouse lots and a commercial and retail space.
Consultants GHD and BG&E have joined forces to win a $6.85 million consultancy contract for the revitalisation and upgrade of the roads near Perth Airport.
Personal care products company EcoQuest is planning on launching its biodegradable nappies and wipes in New Zealand and is also in discussions with European and American distributors.
Rare earths company Arafura Resources has denied that the decision by East China Exploration & Development Bureau not to support the company's $90 million capital raising has left a gap in its future funding requirements.
Subiaco-based Summit Resources is planning an $8 million rights issue to fund commitments under its Isa uranium joint venture with Paladin Energy and to settle a legal action with Areva.
A Chinese consortium led by Sin-Tang Development has foreshadowed a fully underwritten capital raising for iron ore developer Sphere Minerals as an alternative to Xstrata's $514 million takeover offer, which was increased today.
