Mining

GDF Suez and Santos have moved away from developing their Bonaparte joint venture project as a floating liquefied natural gas project, saying they will now consider other options, including helping expand Inpex's Icthys LNG project.

Perth gold company Resolute Mining is set to become the owner of the Bibiani gold project in Ghana from Noble Mineral Resources.

Gold prices have held near steady after the Federal Reserve's monetary policy statement came in line with market expectations.

Gold miner Newcrest Mining has been fined $1.2 million in Australia's largest ever penalty for selectively providing market sensitive information.

Shares in Woodside Petroleum have fallen by 4.6 per cent after Royal Dutch Shell completed a sell-down of more than 78 million shares in the oil and gas producer.

Perth based Subsea Engineering Associates has secured a $1.3 million contract to deliver its services to the Baltic Gas project in the Polish sector of the Baltic Sea.

The state's symphony orchestra was an “obvious” choice for sponsorship, according to a leading mining services provider.

Perth exploration firm Excelsior Gold has executed a binding term sheet that will provide a guaranteed long-term milling allocation at Norton Gold Fields' Paddington Mill.

The Western Australian government has released a master plan for the Anketell port project, which is a critical piece of infrastructure in Aquila Resources' proposed $7 billion West Pilbara iron ore project.

Baosteel and Aurizon look set to gain control of Aquila Resources after the iron ore hopeful rejected a takeover proposal from Mineral Resources, and instead recommended its shareholders accept the current $3.40 per share offer.

Gold prices have closed lower, as US inflation data and its possible effect on the Federal Reserve's decision making overshadowed investors' desire for safety amid crises in Iraq and Ukraine.

Global oil prices have been mixed, a day ahead of US data expected to show a rise in crude inventories, while traders kept watch on the escalating Iraq crisis.

The head of BC Iron concedes the industry is apprehensive after iron ore prices fell to 2012 levels of $US89 per tonne.

Implimenting efficiencies and greater operational flexibility have been two different, but equally successful, strategies used by engineering companies to secure major contracts in Western Australia.

The federal government's plan to axe the mining and carbon taxes may dominate the mainstream headlines in terms of resources sector policy, but it's a lesser-known incentive that has the industry on tenterhooks.

Buru Energy's planned ‘tight gas' testing program in the remote Canning Basin will not require formal environmental assessment after minister Albert Jacob upheld the Environmental Protection Author

Nedlands-based explorer Bullabulling Gold has advised its shareholders to reject Norton Gold Fields' increased takeover offer of 8 cents per share to obtain a 30 per cent interest in the company.

Perth exploration company Bauxite Resources has announced a return of about $9.3 million to shareholders, which has jumped the company's share price by 12 per cent.

Gold prices have carved out a modest gain as worries about escalating violence in Iraq are tempered by stronger US equities.

US oil has traded with little change at nine-month peaks, while Brent rose modestly as investors watched the unfolding sectarian conflict in Iraq for signs it could disrupt oil supplies.

Perth mining services company Viento Group has foreshadowed strong growth in revenue and underlying earnings in the current financial year following a series of acquisitions.

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FEATURE: Mineral Resources has shown the lengths to which mining services companies are willing to go to secure new work in the current flat market.

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Fortescue Metals Group has signed a contract with a Chinese shipyard for the construction of four iron ore carriers that are even larger than the Cape size vessels currently in use in the industry.

Gold producer Alkane Resources has raised $10.4 million through a placement of 40 million shares to institutional and sophisticated investors.

Palladium and platinum have continued to retreat as supply worries ease because of the prospect of a wage deal that could end a 21-week strike in South Africa.

Tiger Resources has raised $20 million via a share placement earmarked for the expansion of its Kipoi copper mine in the Democratic Republic of the Congo.

Perth civil and construction company Whittens has signed a $25 million contract with NRW for concrete works at the Roy Hill mine site in WA's Pilbara region.

In the latest twist for takeover target Aquila Resources, suitor Baosteel said it would not increase its $1.4 billion offer for the iron ore developer and that it would reconsider its 20 per cent shareholding in the company if the bid was unsuccessful.

Metals X has been forced to increase the price it is paying for Reed Resources' Meekatharra gold project to $9.9 million after administrators announced a surprise competing bid had been lodged just before a creditors meeting on Thursday.

Calibre Group's maintenance and construction subsidiary, G&S Engineering Services, has been awarded new and extended work on the Hay Point Coal terminal expansion for BHP Billiton Mitsubishi Al