Shares in Territory Resources have fallen eight per cent in morning trade after the company announced it has agreed to sell its stake in India Resources, as it moves to cut its debt.
Premier Colin Barnett has turned the first sod at Galaxy Resources' new lithium mine site to the delight of neighbouring Ravensthorpe locals who he said were dealt a hard blow earlier in the year by the closure of the BHP Billiton nickel operation.
West Perth-based Northern Iron has further strengthened its relationship with Sinosteel, signing a spot sales contract to sell iron ore to the Chinese market.
The competition watchdog has given its final approval to the Gorgon gas project partners to jointly market gas sales to the Western Australian market, despite protests it will drive gas prices higher.
Mines and Petroleum Minister Norman Moore has today opened the Newman mining hub, a key component of BHP Billiton Iron Ore's $US1.85 billion Rapid Growth Project Four.
PTTEP Australasia says it will wait for expert assessment on damages over its Timor Sea oil leak saga, which is estimated to have cost the company more than $170 million, before deciding on whether it will resume production in the future.
Rio Tinto is rebuilding ship loading infrastructure at its Dampier Salt operation in Port Hedland, which will allow ships to be loaded faster and reduce environmental impacts.
Engineering and construction company Decmil Group says it is in final stage negotiations over a $70 million contract for the Gorgon gas project while Ausgroup has been awarded $30 million worth of contracts for work on the Pluto operation.
A wholly-owned subsidiary of Nedlands-based engineering and construction services company Forge Group has been awarded a $12 million terminal tank refurbishment contract on Barrow Island as part of Chevron's $50 billion Gorgon LNG project.
The Northern Territory government has declared the gas leak detected at Chinese oil giant Sinopec's Puffin oil field in the Timor Sea poses no threat to the environment.
Aviva Corporation has started shopping around its $1 billion Coolimba power project, two weeks after Aviva's plans were cruelled by its failure to win a critical power supply tender run by state-owned retailer Synergy.
Paladin Energy has lowered its production guidance for 2009/10 as the ramp up of its two uranium mines in Namibia and Malawi was slower than anticipated but has outlined expanded growth targets for future production.
Centamin Egypt will delist from the Australian Securities Exchange due to the high costs for a shareholder base that accounts for less than 15 per cent of the miner's share capital.
Troy Resources is forging ahead with capital raising plans, today placing its shares in a trading halt despite protests from former chairman John Jones.
Japan's Inpex Corporation says production will cease this month at its Griffin oil joint venture off the coast of Western Australia, 15 years after operations first started.
Galaxy Resources has extended its relationship with unlisted public company General Mining Corporation, with the pair forming an alliance to explore for lithium in Kazakhstan and Mongolia.
Bibra Lake-based Mineral Resources will earn a large share of the profits after it struck a farm-in agreement with Reed Resources over the Mount Marion lithium project in the Goldfields region.
The merger between Subiaco-based Sylvania Resources and Finnish company Ruukki Group has been terminated due to difficulties experienced with the merger implementation.
Shares in East Perth-based Legacy Iron Ore have surged 67 per cent higher after it entered into a potential joint venture deal with Lachlan Capital Partners over its Robertson Range and Hamersley iron ore projects in the Pilbara.
Woodside Petroleum remains confident of pushing ahead with its fast-tracked expansion of its Pluto liquefied natural gas project, despite missing out on third party gas supply agreements to rival LNG developer Chevron.
West Perth-based Sphere Investments has extended the sale process of a 51 per cent stake in the Geulb el Aouj iron ore project in Mauritania as $US500 million is shaved off the capital cost estimate.
Training Minister Peter Collier has today opened a simulated underground mine at Central Tafe, which will give students a taste of underground mining life without leaving the city.
Apache Corporation and Kuwait Foreign Petroleum Exploration Co have teamed up with Chevron over the $25 billion Wheatstone gas project, leaving Woodside Petroleum to look elsewhere for extra gas supply sources for its Pluto expansion.
