Mining

The head of WA’s peak business lobby group, James Pearson, is joining Shell Australia to head its Perth-based communications and government relations team.

Seven Group Holdings shares have fallen almost 10 per cent as the company foreshadowed a substantial drop in full-year earnings due to a downturn in the mining sector.

Perth-based Tox Free Solutions has secured a five-year contract for waste management services at Chevron's Western Australian assets, including the massive Gorgon LNG project.

Reed Resources chief executive Luke Tonkin has tendered his resignation, after just more than 14 months at the helm of the struggling gold miner, which also detailed $70 million of asset impairment

Cleveland Mining Company has raised $3 million to accelerate development at its Premier gold mine in Brazil.

Mining and civil contractor MACA has predicted it will continue its run of earnings growth, after riding out the slowdown in the resources sector to book a 31 per cent rise in full-year net profit.

Calibre Group and Seven Group Holdings have appointed new chief financial officers today, with both being former executives at engineering contractor Downer EDI.

South Africa’s Keaton Energy Holdings has made a $20 million all-cash takeover bid for Perth-based coal explorer Xceed Resources.

Antares Energy has sold its Permian Basin oil and gas assets in Texas to an undisclosed buyer for $US300 million.

Drilling companies Swick Mining Services and Boart Longyear have provided a snapshot of conditions in the resources drilling sector, with underground and surface mining-focused Swick booking a reco

Gold prices have settled at their highest level in 11-weeks high after weaker US home sales data stoked hopes of sustained stimulus measures from the Federal Reserve.

Coventry Group’s net profit plunged 71 per cent over the 2013 financial year as the downturn economic conditions and the scaling back of capital investment hurt the industrial parts and services su

Resources explorer Mining Group has raised $3 million from investors, to continue development works at its El Roble copper project in Chile.

Iggy Tan has secured a new highly-paid executive role with exploration company Kogi Iron, less than two months after he stepped down from the helm of struggling lithium miner Galaxy Resources.

BHP Billiton's board has granted more than $36 million in long-term bonuses to executives despite investors' shares losing value over the same period.

Westrac is on the lookout for a new chief executive, after the long-serving Jim Walker announced his retirement today.

Barra Resources has offloaded its Birthday Gift underground mine near Coolgardie to privately-held Kalgoorlie-based mining firm Blue Tiger Mining, for $2 million in cash plus royalties on gold prod

Resources analysis equipment and chemicals manufacturer XRF Scientific is pushing forward with its acquisition ambitions after recording a 7 per cent lift in profit despite slowing resources indust

Norton Gold Fields has secured $US25 million in finance from a subsidiary of its major shareholder, China’s Zijin Mining Group.

Mount Gibson Iron says it is targeting higher sales volumes over the next financial year, but a record revenue result was not able to halt a dip in profit due to challenging conditions in the iron

South African miner Gold Fields will splash $US300 million purchasing Barrick Gold’s Granny Smith, Lawlers and Darlot gold mines in the Yilgarn region, near Southern Cross, and plans to integrate t

West African Resources has raised $3 million to fast-track the development of a processing plant and exploration at its Moktedu gold project in Burkina Faso.

Mining contractor NRW Holdings’ profits have taken a hit from the downturn in resources spending, but the company maintains its outlook over the short to medium-term remains positive.

Mermaid Marine has continued its run of strong earnings growth, lodging a near-20 per cent increase in net profit for the 12 months to June 30.

Contractor Decmil Group says its strategy of seeking work outside its key markets has propelled it to its sixth consecutive year of record profits.

Power generator Pacific Energy has reported record earnings for FY2013 but revised down its earnings guidance for the current financial year after being hit by project closures and the general slow

RCR Tomlinson and GR Engineering have reported contrasting fortunes in the resources engineering sector, with RCR booking a record profit result and GR’s earnings slipping due to tightening market conditions.

Iron ore miner Fortescue Metals Group says it remains focused on debt reduction, despite playing hardball on a proposed asset sale and lifting its annual dividend following a strong surge in profit

Atlas Iron has reported a significant improvement in earnings in the second half of the financial year, but it was not sufficient to offset big write-downs and weak operating profits carried over f

A host of new names has emerged as Aboriginal business grows in the state’s north.

Indigenous business is thriving and growing in the north-west, but it was not an overnight success.

Canadian resources giant Teck has exercised its right to earn an additional interest in Rox Resources’ Reward zinc project and will spend an additional $10 million on exploring the tenements.