The collapse of zinc-miner Pasminco almost three years ago due to its withering hedges should have been warning enough to Australian companies about the dangers of forward selling, according to the Australian Securities and Investments Commission.
Analysts expect small-to-medium-sized companies to pick over the best morsels of Sons of Gwalia’s gold business, after the State’s biggest gold miner was forced to call in administrators Ferrier Hodgson earlier this week.
Strong investment in resource stocks during the past year has started to flow onto the ground with a significant increase in June quarter exploration spending. Jim Hawtin reports.
SALLY Malay Mining will deliver its first nickel concentrate to the Wyndham port for export next week following the successful commissioning of its $65 million namesake mine in the East Kimberley.
DEVELOPMENTS in Western Australia’s oil and gas sector are setting the scene for the State to become a world leader in the research into and application of a new technology that can significantly reduce green house gas emissions.
Property industry insiders have called for the State Government to review legislation relevant to acquisitions under a proposed Metropolitan Regional Scheme (MRS) amendment, which incorporates the Bus
Despite the State Government’s recent moves to improve Western Australia’s ability to attract investment for big-ticket developments, foreign investors remain wary, according to one major overseas inv
It has been reported that South Korea’s State-run Korea Gas Corp (KOGAS) could issue an invitation to bid (ITB) for a LNG contract estimated to be worth up to US$20 billion as early as this week.
Former gold miner Gindalbie Gold’s plans to mine iron ore near Geraldton have received a boost with a Malaysian steel company taking a significant stake in the company.Gindalbie Gold announced this we
The Government’s recent $10 billion resource plan included the possibility of an aluminium smelter in WA. Jim Hawtin addressed this and other issues with State Development Minister Clive Brown.
After a short hiatus, junior resource companies are back out rattling the tin, and while most market watchers agree sentiment has again warmed to resource IPOs there is no clear consensus on how long it can last. Jim Hawtin reports.
Despite recent moves by the Indonesian Government to shore up foreign investment, some of the country’s more appealing assets – its mineral resources – remain problematic.
Perth miners Mark Ashley and Kim Robinson have increased their stakes in junior gold explorer Terra Gold Mining through placements.Mark Ashley, managing director of Nickel producer Lion Ore Australia,
In little more than six months, Agincourt Resources has increased its share price almost 10 fold. Since listing at an issue price of 20 cents in December 2003, Agincourt’s share price has climbed ste
Despite the significant opportunities, foreign business operators in China today tread a “minefield” of corruption and kickbacks, often risking imprisonment.
