Mining and technology don’t have to be in competition when it comes to capital, Assistant Minister for Innovation Wyatt Roy said today, with the extractive industry in a prime position to export its knowledge in addition to hard commodities.
VDM Group is expected to seek debt funding from its largest shareholder after a planned $18 million equity capital raising with an unnamed investor fell through.
BC Iron shares plummeted today after the company announced production at the Nullagine joint venture would be suspended as a result of the weak iron ore price, with more than 200 jobs at risk.
Woodside Petroleum and its joint venture partners have given the go-ahead to a $2 billion subsea development at the North West Shelf Project off the Pilbara coast.
Billionaire Gina Rinehart has seen off the first shipment of iron ore from her $10 billion Roy Hill project, on the same day BC Iron entered a trading halt ahead of a review of its Nullagine joint venture project.
Perth company directors Ian Middlemas and Domenic Martino have joined a flurry of pre-Christmas M&A deals that are valued at nearly $300 million, and designed to revive moribund resources companies.
Australian mining contractors Murray Engineering and Byrnecut have been involved in the delivery of the first automated underground mine in Africa, for Randgold.
Gold miner Northern Star Resources says its recently acquired Hermes deposit in the Bryah Basin could make a ‘significant’ contribution to its annual production.
Billionaire Gina Rinehart is excited about the Roy Hill project's expected first iron ore shipment this week despite the commodity trading at a fresh 10-year low.
The liquidators of failed engineering contractor Forge Group have gained financial backing to pursue a claim worth about $200 million against Forge’s former major shareholder.
Rio Tinto expects to cut its capital expenditure from a previously forecast $US6 billion to around $US5 billion next year, but it’s unclear if the new figure includes the expected cost of its proposed Silvergrass iron ore mine.
State government-owned gold refiner Gold Corporation has had its longstanding national monopoly broken, with the accreditation of Sydney-based ABC Refinery by the London Bullion Market Association.
SPECIAL REPORT: Newly appointed chief executives in Western Australia are mostly receiving lower salaries than their predecessors, but retaining plenty of upside through incentive schemes, a survey of nearly 40 new CEO pay packages has found.
SPECIAL REPORT: The 2015 CEO salary survey has some surprising names near the top of the list while some of the state’s best chief executives are unexpectedly low down.
Mineral sands producer MZI Resources has announced a letter of intent for a trial shipment to a Chinese chloride pigment producer, the day after it hit nameplate capacity at its Keysbrook facility.
A third-party arbitrator will be called in to settle a dispute between Gina Rinehart's Roy Hill Holdings and its key construction contractor, Samsung C&T.
Subsidiaries of listed companies Ausdrill and RCR Tomlinson have been ordered to pay more than $450,000 in fines and court costs over two workplace deaths five years ago.
Programmed Maintenance Services is among five companies to be added to the S&P/ASX200 in changes to the market indices set to occur after market close on December 18.
Former Atlas Iron managing director Ken Brinsden has joined a budding lithium producer that will pay less than half his old salary, even though the company has a market cap five times that of his old employer.
Talisman Mining, Evolution Mining and Kalgoorlie Consolidated Gold Mines are among a number of miners to win state government exploration grants, with gold, nickel and copper the most popular commodities targeted.
Consulting firm Deloitte has picked ten trends which it says will dominate the mining industry in 2016, including further pressure for producers to reduce costs and adoption of innovations from other industries.
Southern Gold has cancelled plans to conduct a capital raising to offshore investors, while Norwest Energy amended the terms of its own raising just hours after it was announced to the market.
Perth-based explorer Goldphyre Resources has entered into an agreement to purchase a large area of potash-prospective land near Kalgoorlie, which is owned by prominent prospector Mark Creasy.
Southern Cross Electrical Engineering has recruited NRW Holdings chief operating officer, Graeme Dunn, to lead the company as its new managing director.
Decmil Group has continued to diversify its business from the struggling resources sector by acquiring Osborne Park-based telecommunications solutions provider SC Services.
The chairman of engineering contractor Calibre Group told shareholders that he would step down after the company completed its delisting from the ASX, despite being up for re-election at a general meeting today.
