Perth-based oil and gas company Antares Energy has received a fresh $US300 million offer from an undisclosed party for its Permian Basin oil and gas assets in Texas, less than six months after it backed out of a previous sale agreement.
Norton Gold Fields is poised to succeed in its Bullabulling Gold takeover bid after the Perth explorer begrudgingly accepted the increased takeover offer of 8 cents per share.
Graphite and nickel exploration company Kibaran Resources has raised $3.1 million through a share placement, just months after it completed a similar placement in February.
Western Australian small-cap explorer Impact Minerals has announced a successful $2.59 million capital raising to fund drilling projects in New South Wales.
Silver Lake Resources has flagged more job losses in July with the announcement that it plans to close its Lakewood facility in Kalgoorlie, which is the company’s second plant to shut down this year.
Western Australia-based Southern Cross Electrical Engineering has won a $25 million contract with BHP Billiton Iron Ore for electrical and instrumentation works at the Yarnima power station near Newman.
Doray Minerals’ founding directors Allan Kelly and Heath Hellewell have won the Association of Mining and Exploration Companies’ prospector of the year award for 2014.
Exploration company RMG has announced a share consolidation plan and a restructure of its Chilean mining operations in the wake of a successful capital placement expected to raise $2.8 million.
Exploration firm Red River Resources has seen its share price jump by over 80 per cent after it entered into a $6.5 million agreement with the administrators of collapsed explorer Kagara, for the sale of its projects in northern Queensland.
Gina Rinehart has followed fellow iron ore magnate Andrew Forrest’s lead and expanded her interests to include cattle farming, reportedly spending $40 million on a half-stake in two cattle stations in
The federal government has released details on how its long-awaited exploration development incentive will work, with the policy expected to be a much-needed boost for the industry.
BHP Billiton has celebrated sending its one-billionth tonne of iron ore to Japan at a ceremony in Port Hedland to mark almost 50 years of the business partnership.
Buru Energy managing director Keiran Wulff announced his resignation today as the oil and gas exploration firm appointed two new non-exececutive directors.
Perth nickel miner Western Areas has made a $95 million repayment of convertible bond debt from its existing cash reserves, with a $125 million bond repayment still remaining.
