Perth-based Matrix Composites & Engineering has flagged a number of redundancies and a $2.6 million impairment as it battles falling demand for its services in the tough economic climate.
The board of gold miner Doray Minerals has given the nod to proceed with developing its recently acquired Deflector project in the Murchison region as soon as it has received enough funding.
The war of words over a proposed parliamentary inquiry into the iron ore industry escalated today, with BHP Billiton saying it would send a "terrible signal" to Australia's trading partners, while the main supporter of an inquiry claimed he had been misrepresented.
Gold prices have reached a three-month high, rising for a fifth session as a run of soft US data supported expectations that the Federal Reserve will hold off raising interest rates for the time being.
BHP Billiton spin-off South32 has closed its first day of trade on the ASX valued at $10.91 billion, ranking it as Western Australia's third largest company and a top 30 stock nationally.
The Environmental Protection Authority has recommended conditional approval for Flinders Mines to expand the scope of its proposed Pilbara iron ore project.
A wearable technology company founded by Perth entrepreneur Justin Miller and an Israeli medical cannabis company are the latest businesses planning to join the rush of backdoor listings on the ASX, though the news is not all positive with Voyager Global Group becoming the seventh company forced to cancel an announced deal in the past 18 months.
Poseidon Nickel says its Lake Johnston project could be up and running in just a few months, although at a higher cost following completion of a bankable feasibility study.
Gold prices have held near three-month highs on Friday as weak US consumer sentiment data weighed on the US dollar and further diminished expectations for a near-term rise in US interest rates.
The new chair of the University of Western Australia's Energy and Minerals Institute says scientists and researchers need to deliver tangible results to their industry partners.
A report from consultants Wood Mackenzie to be released at today's Australian Petroleum Production & Exploration Association conference predicts further delays to the start of production for the state's new LNG projects, including Gorgon trains 2 and 3.
The state government has announced a $40 million package to reduce charges at the Utah Point bulk handling facility by up to $2.50 per tonne, in an effort to help junior miners continue to export iron ore.
Prime Minister Tony Abbott has declared support for an inquiry into the iron ore industry, providing a huge boost for the campaign being waged by Fortescue Metals Group chairman Andrew Forrest against his two biggest competitors.
Rio Tinto's logo will soon be installed on the highest vantage point in Perth's CBD, a move that suggests the mining giant intends to remain at its current office accommodation and not seek to anchor a new building.
Atlas Iron plans to resume production at its two closed iron ore mines after striking an innovative profit sharing deal with its contractors, but it is also seeking to complete a big capital raising to ensure its longer-term viability.
Gold hit a three-month high on Thursday as the US dollar came under pressure following a new batch of mixed US data that pushed back expectations of when interest rates in the world's largest economy will rise.
The state government is aiming to collect up to $5 billion from a vastly expanded privatisation program that includes Fremantle Ports, the TAB, office buildings, residential land estates, Keystart loans, houses, plantations and power stations.
Power generation company Pacific Energy has appointed James Cullen as its new chief executive, following Adam Boyd's retirement from the role in March.
Gold prices have jumped two per cent, rising well above $US1,200 an ounce to a five-week high as US the dollar hit a three-month low after disappointing US employment data.
Global oil prices have dipped despite a much bigger-than-expected decline in US crude inventories, as a slowdown at refineries raised concerns about the strength of demand.
Struggling iron ore miner Gindalbie Metals has proposed to turn part of its Badja Station east of Geraldton into a national radioactive waste management facility.
Premier Colin Barnett has rejected calls for a parliamentary inquiry into the iron ore industry, despite repeating his criticism of the major producers.
Oil and gas explorer WHL Energy has secured a $US4 million ($A5 million) funding commitment from New York-based Magna Equities to continue prospecting its African tenements.
Andrew Forrest's private vehicle, Minderoo Group, has subscribed for a majority of A1 Consolidated Gold's recently announced $2.5 million convertible loan placement.
