Mineral production in Australia will slide by 210 million tonnes by 2020 if a 10 per cent reduction in emissions is set, according to the Minerals Council of Australia, while conservationists have labeled the target as "laughable".
Portman Ltd said it is assessing its options of its shareholding in Golden West Resources Ltd after a Federal Court judge today ruled against the validity of its proxy forms lodged for last week's extraordinary meeting.
Perth-based engineering company Emerson Stewart Ltd has boosted its order book value to $46 million after it secured three new contracts with Apache Energy Ltd, Peet Ltd and Straits Asia Resources Ltd.
Maddington-based civil contractor Brierty Ltd has signed a letter of intent with iron ore miner Fortescue Metals Group for further major earthworks at its port development at Port Hedland in the Pilbara.
In a boost to its takeover bid for Ausdrill Ltd, Macmahon Holdings Ltd has received acceptances from Ausdrill shareholders with nine per cent of the company's stock following the establishment of an institutional acceptance facility last week.
West Perth-based Globe Metals & Mining has announced the commencement of a pre-feasibility study on its 100 per cent-owned multi-commodity (niobium, uranium, tantalum and zircon) Kanyika Project in Malawi.
The battle between Oil Basins Ltd and Buru Energy Ltd, a spin-off from the merger of ARC Energy and Australian Worldwide Exploration, has heightened following a force majeure declaration over the Blina Back Reef Play joint venture.