Perth gold exploration firm Enterprise Metals has completed a capital raising of $1.2 million, which was achieved through the placement of 24 million shares valued at 5 cents per share.
The entry of two European energy companies into WA will help to bolster activity in the onshore oil and gas sector, which is set for a pick-up after a series of disappointments.
Perth gold company Resolute Mining has announced a new 1.28 million ounce gold resource for its Buck Reef West deposit near the Ravenswood processing facility in Queensland.
Perth civil engineering firm Macmahon Holdings has mobilised the world’s most powerful raise drilling machine after securing a $5 million contract at BHP Billiton's Olympic Dam mine in mine in South Australia.
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.
Technically, Baosteel’s $1.4 billion bid for control of Perth-based Aquila Resources is an iron ore deal; but looked at slightly differently and it’s also a gold deal, because the Chinese steel giant
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.
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.
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 Authority
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.
