Gold prices have fallen to four-month lows, extending losses for a third session as Federal Reserve Chair Janet Yellen say the US central bank remains on track to raise interest rates this year.
Perth exploration company BMG Resources (formerly Brazilian Metals Group) has announced a non-binding heads of agreement for the possible acquisition of Brisbane-based online fitness training accreditation business FitLink.
As many as 20 Western Australian mining companies are considering adopting solar power, according to the developer of a $40 million solar project at Sandfire Resources’ DeGrussa copper mine.
Mines and Petroleum Minister Bill Marmion has again touted Western Australia’s credentials as a destination for uranium mining, this time at today’s opening of the Australian Uranium Conference in Perth.
Mining giant BHP Billiton has flagged an impairment of up to $US2 billion ($A2.7 billion) in its end of financial year results against the value of its onshore gas assets in the US.
Oil prices have risen as markets weighed the effects of Iran's deal with six world powers on curbing the Islamic republic's suspected ambitions for a nuclear bomb.
Gold has eased as the US dollar came off its lows and the market awaited Federal Reserve Chair Janet Yellen's semi-annual testimony to Congress on Wednesday and Thursday, which may provide more signals about a looming rate rise.
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.
