Former Sirius Resources managing director Mark Bennett said there has been a “tidal wave” of offers from other groups wanting to work with his new exploration company, as he seeks to replicate the
Struggling miner Mirabela Nickel has been placed in the hands of administrators, 15 months after the company completed an innovative restructuring to emerge from its first stint in administration.
Brookfield Multiplex has taken the top spot on the HIA-Cordell top 100 list of companies operating in the engineering construction, non-residential building and apartment sectors.
Balcatta-based drilling services company Imdex has lined up a new debt funding deal after cancelling a $21.5 million placement just hours before today’s shareholders meeting.
A joint venture between Civmec and Sedgman has won a $145 million engineering, procurement, construction and commissioning contract at BHP Billiton’s Jimblebar iron ore mine in the Pilbara.
Santos shares have gained ground after the oil and gas producer said it had started production at its flagship GLNG liquefied natural gas project in Queensland.
Quadrant Energy will pay $10 million to withdraw from a joint venture with Buru Energy and Mitsubishi Corporation, which together own oil and gas exploration permits in the Canning Basin.
Local explorers Encounter Resources, Horseshoe Metals and RNI have announced plans to raise a combined $9.8 million to fund ongoing work at their respective projects.
Energy giant Woodside Petroleum needs to raise its bid for Papua New Guinea-focused Oil Search to have any chance of success, according to analysts at investment bank UBS.
The slowdown in mining project work has resulted in a 26 per cent fall in the number of environmental professionals employed at the state’s biggest consulting firms over the past year.
Fortescue Metals Group has set an ambitious target of having Aboriginal workers fill 20 per cent of all trades positions in its workforce, on the back of an apprenticeship program launched today.
Private equity groups are on track to gain control of two mining operations, after Aditya Birla Minerals sold its mothballed Mt Gordon operation, while Atherton Resources looks set to be acquired in a takeover valued at about $56 million.
One week after a big spike in its share price, Northern Mining has finalised plans to buy a major stake in a China-based gold exploration firm for a cash and share package worth $7.25 million.
The legal fallout from big resources and infrastructure projects continued to mount this week, when Downer terminated its contract on a $1 billion-plus ammonium nitrate plant in the Pilbara.
Newcrest Mining is looking to increase its exploration acreage in West Africa through a proposed joint venture agreement with Perth-based company Taruga Gold, while AngloGold Ashanti has advanced plans to redevelop its Obuasi mine in Ghana.
Mining giant BHP Billiton's chief executive has backed a call for the US to lift its ban on crude oil exports, ahead of a likely vote on the issue in the US Congress.
Gold prices have rallied more than one per cent after a surprise drop in the US inflation rate dented expectations the Federal Reserve will raise its interest rate this week.
Downer has terminated its contract with Spanish construction company Tecnicas Reunidas on the Burrup ammonium nitrate project, joining a string of contractors to be hit by contractual disputes on big projects over the past year.
Rob Cole has resigned as managing director of Adelaide-based Beach Energy, after taking leave to attend to family matters in Perth. His resignation comes just six months after commencing with Beach.
Saracen Mineral Holdings has announced development of the Thunderbox mine is ahead of schedule, while Kidman Resources achieved its first gold pour at the Burbanks mine.