Local gold miner Red 5 says an earthquake registering 6.1 off the coast of Surigao del Norte was a possible contributing factor to the collapse of a wall into the open pit of its Siana project in the Philippines last week.
Oil prices slipped as traders weighed reported progress in negotiations on Iran's nuclear program, Greece's tough bailout agreement with its European creditors and a mixed OPEC report.
Gold has slipped one per cent as the US dollar rose against the euro after leaders struck a deal to negotiate a Greek bailout, while signals the US Federal Reserve was still on track to raise rates this year also weighed.
The Environmental Protection Authority has recommended strict conditional approval of Doral Mineral Sands’ proposed Yoongarillup project near Bussleton.
There is no prize for guessing that iron ore companies have plunged to the bottom of the resources component of this year’s TSR survey; but what is interesting is the rise of uranium hopefuls, despite few signs of an imminent increase in the uranium price.
It has been a tough year for WA’s once-vaunted resources stocks, as our annual TSR survey reveals. Click through to see more on our Shareholder Returns feature.
Macmahon Holdings chief financial officer Sybrandt van Dyk has been promoted to the role of chief executive, following Ross Carroll’s resignation in January.
Gold has given up earlier gains after US Federal Reserve Chair Janet Yellen said she expected the central bank to raise interest rates sometime this year but pointed to concerns that US labour markets remain weak.
Local miner Metals X has reached an agreement with Northern Mining to acquire the Georges Reward gold project at Bulong in Western Australia for a cash sum of $4.5 million.
Brookfield Multiplex has completed the non-processing infrastructure facility at Gina Rinehart’s Roy Hill iron ore mine in the Pilbara, marking the finish of a $270 million workbook at the project.
Perth-based gold miner Manas Resources has launched a $4.7 million capital raising plan to fund pre-development work at its Shambesai gold project in southern Kyrgyzstan.
Spot gold has climbed after a recovery in Chinese shares cooled fears of a wider rout in the major bullion consumer while strength in the US dollar kept a lid on gains.
Oil prices have risen after a spate of losses, as a rebound in Chinese stocks somewhat eased concerns about financial turbulence in the world's biggest energy consumer.
Troubled mining group FairStar Resources has been put in the hands of receivers and managers with the appointment of PPB Advisory’s Simon Theobald and Melissa Humann.
Resolute Mining has outperformed its own expectations in both production costs and volume, which has more than doubled the company’s cash on hand in the final quarter of the financial year.
Doray Minerals has announced a 15 per cent increase in full-year gold production at its Andy Well gold project, located in the Murchison region of Western Australia.
Drilling contractor Swick Mining Services has flagged an impairment of up to $25 million in its full-year result, on the back of troubled times in the mining services sector and the low use of its assets.
Gold has risen as the US dollar has softened, reversing after touching a four-month low as markets watched the tumble in Chinese equities and the unfolding Greek debt crisis.
A local subsidiary of Norway's Global Maritime Group is the latest company to be awarded a contract for work at Woodside Petroleum’s operations in the North West Shelf.
Last year's Business News Rising Stars winner, emergency response and security services provider Executive Risk Solutions, has taken the top prize as the 2015 Telstra Western Australian business of the year.
Centaurus Metals has announced that it is selling its Candonga DSO iron ore project in Brazil to the Brazilian group Ecosinter for R$4 million (A$1.69 million).
Perth-based Zeta Petroleum will acquire a substantial shareholding in oil explorer Oilex, when the company completes a planned $US23 million ($A30 million) capital raising.
