Gold result for Saracen

Gold miner Saracen has more than doubled financial year net profit to $26 million on the back of higher gold production and a continuing strong local dollar gold price.

Ausdrill lined up for $300m contract

Perth-based Ausdrill has been named preferred proponent for a $300 million mining services contract at Toro Gold's Mako project in West Africa.

TAN plant formally opens

A chemical plant making an ingredient for explosives in the Pilbara is an example of Western Australia's economic diversity, according to Premier Colin Barnett, who predicted manufacturing would undergo growth in the state despite its years of lagging on the east coast.

Court ruling opens up native title claims

A Federal Court ruling that was the first ever assessment of native title compensation in Australia is expected to lead to more claims by Aboriginal groups.

Tough year for nickel-focused Western Areas

Perth-based Western Areas has dipped into the red with a full-year loss on the back of depressed nickel prices and write-downs.

Ausdrill surges on bullish outlook

Shares in mining services business Ausdrill surged on the company's return to profitability and a bullish outlook on the year ahead.

South32 slumps to $2.1bn loss

Diversified miner South32 has slumped to a net loss of $US1.62 billion ($A2.13 billion) in its first full year as a listed company, after taking heavy write-downs in its manganese, coal and alumina operations to reflect the downfall in commodities prices.

Evolution in $880m Glencore deal

Evolution Mining will pay Glencore $880 million in a deal to take an interest in the Ernest Henry copper and gold mine in Queensland.

SCEE out of the red with $5m profit

Southern Cross Electrical Engineering has made a net profit for the 2016 financial year, turning itself around from last year's loss.

GR delivers in tough market

GR Engineering Services wrapped up the 2016 financial year with record revenue and increased profit, but says competition for design and construction opportunities remains high.

Sheffield raises $17m for mineral sands project

Perth-based Sheffield Resources has tapped investors for a $17.1 million capital raising to fund completion of a bankable feasibility study on its $271 million Thunderbird mineral sands project near Derby.

RCR wins more work in WA

RCR Tomlinson says it has won $170 million worth of contracts for work across Australia, including at BHP Billiton's operations in the Pilbara.

Sandfire buys out JV partner

Ventnor Resources has sold its stake in the Thaduna/Green Dragon copper project to joint venture partner Sandfire Resources.

Teck considers options in Rox deal

Rox Resources' joint venture partner Teck Australia has voiced concern today with the company's proposed sale of its stake in the Reward zinc-lead project to Marindi Metals, after competing bidder IM Medical said last week an exclusivity agreement had been breached.

Troy flags $87m impairment

Perth-based gold miner Troy Resources says it expects to record an $87 million impairment in its full-year accounts, with the majority of the charge attributed to the sale of its Casposo project in Argentina.

MACA focuses on gold as profit falls

Perth-based contractor MACA is focusing on securing more work in the gold sector after reporting a slump in full-year profit.

Monadelphous profit slides 27%

Shares in engineering firm Monadelphous Group fell sharply today after it posted a 27 per cent slide in profit on the back of lower activity in the resources and energy sectors and predicted contracting margins would remain under pressure.

Macmahon returns to the black

Local contractor Macmahon Holdings has returned to the black with a net profit of $1.7 million after a tough year in the mining sector.

Galaxy ups South American lithium forecast

Galaxy Resources has more than doubled the forecast profitability of its proposed Sal De Vida lithium mine, in an updated definitive feasibility statement released today.

Rio marks 50 years of iron ore

Rio Tinto has announced the 50th anniversary of its first contracted iron ore shipment from the Pilbara, as debate continues around the adequacy of its royalty payments and the legacy for indigenous people in the region.