Investors have welcomed news that Claremont-based Segue Resources has signed a joint venture agreement with Port Exploration at its Pardoo nickel and iron project in the Pilbara.
Shares in Subiaco-based explorer Triton Minerals skyrocketed on news it signed a $US2 billion ($A2.6 billion) offtake agreement with a Chinese company for graphite from its Mozambique project.
Gold has turned lower, pressured by the firm US dollar and weak oil prices, and with expectations that the Federal Reserve will increase interest rates this year pushing bullion toward its second monthly decline.
Oil prices have fallen as global powers and Iran raced to reach a deal on Tehran's nuclear program that could ease sanctions on the crude producer, adding to the global oversupply.
A Western Australian iron ore industry group has reluctantly mothballed its activities, citing the difficult economic circumstances facing the industry.
New Standard Energy has secured $US3 million ($A3.9 million) from its existing debt facility with Credit Suisse to provide working capital while it continues transaction discussions with unnamed parties.
Emeco Holdings has postponed the $75 million purchase of truck rental business Rentco, as it seeks to address criticism of the deal from some of its biggest shareholders.
Chatchai Yenbamroong has fired another round into his dispute with Tap Oil, with a letter to the company’s shareholders calling for their support in his proposed board spill.
Shares in thermal energy company Enerji surged on news it will be collaborating with Perth-based technology firm Panorama Synergy to develop a hydrocarbon monitoring system.
Oil prices have dipped as traders eyed talks between Iran and global powers that could ease international sanctions on one of the world's leading oil producers.
Gold has fallen more than one per cent, its biggest drop in more than three weeks, as the US dollar climbed on increasing prospects that the US Federal Reserve may start raising interest rates this year.
Engineering construction contractor Primero Group has entered into the final stages of its contract to build the domestic gas meter station at Chevron's Wheatstone project.
Chevron's exit from two major Australian investments has raised concerns about the growth outlook for the nation's oil and gas industry as shares in the sector dive.
Subiaco-based gold company Indochine Mining has fallen into the hands of administrators after it failed to attract a party willing to fund its Mt Kare project in Papua New Guinea.
NSL Consolidated shares closed 50 per cent higher on news it had signed an offtake agreement with an Indian steel producer for up to $14 million worth of iron ore from its Phase One Kurnool plant.
Investors haven't responded well to news that former Maca chief executive Doug Grewar has taken the helm of local mining services firm Viento Group with immediate effect.
The news from the iron ore and petroleum sectors may be disheartening for producers and investors alike, but another of Western Australia’s mineral exports is proving as resilient as stainless steel.
Producers and explorers will be breathing a sigh of relief this week after the state government announced it would leave resources royalty rates unchanged in this year’s budget.
Amid the gloom, WA has some positive resources stories to tell,with uranium developers buoyed by improving news, investment certainty guaranteed around royalties rates - for now - and nickel reappearing as a sturdy performer.
Sales from Western Australia’s minerals and petroleum industries totalled $114 billion in 2014, up $200 million from 2013, according to the latest industry snapshot from the Department of Mines and Petroleum.
Gold has fallen, snapping a seven-day rally, as investors remained cautious ahead of comments from US Federal Reserve Chair Janet Yellen, but the metal still looked set to post its second straight weekly gain.
US energy giant Chevron is narrowing its Australian focus onto its Gorgon and Wheatstone gas projects, by selling its $5 billion stake in Caltex Australia and exiting an onshore gas project wh
Evolution Mining has confirmed media reports that it is in discussions on the potential puchase of La Mancha Resources' gold mine in Kalgoorlie, for a price understood to be around $400 million.
Investors didn’t respond well to Southern Cross Electrical Engineering advising the market that it did not expect to report a profitable second half of the financial year.
Greater scrutiny by corporate regulators of backdoor listings on the ASX is not slowing the flow of new transactions, with six Western Australian companies announcing transformational deals in the past fortnight.
Shares in Perth-based Kibaran Resources surged on news it had received an offer from an unnamed institution to co-finance the company’s Epanko graphite project in Africa, with a loan of up to $28 million.
Oil prices have surged after Saudi Arabian jets struck rebel targets in Yemen, sparking fears that an escalating crisis in the country could threaten crude producers in the Middle East.
