Gold companies hopeful of recovery

Rising energy, steel and labour costs, and the added burden of investors snubbing the industry has led to a spate of casualties in the gold sector in recent years.

Geothermal permits awarded

THE state’s geothermal industry has been given a kick-start with the government awarding a private Guildford-based company the first exploration permits in Western Australia.

BGC enters plea over cyclone deaths

Seven of the eight companies facing prosecution over the deaths of two workers during Cyclone George last year have not entered a plea in the Perth Magistrates Court today.

Cape Lambert denies Africa title fight

Just a week after striking a $50 million agreement to develop an African project, Cape Lambert Iron Ore Ltd has struck its first hiccup with the deal.

Gold stocks hit as price falls

Gold stocks have followed the downward trajectory of the precious metal with its trading price falling nearly $US30 today.

FMG extends Ausdrill contract

Fortescue Metals Group Ltd has extended a drill and blast contract with Ausdrill Ltd in a deal that will generate the mining services company over $300 million in revenue over five years.

Garnaut report draws ire from greenies

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".

Extract in merger deal with Kalahari

South Perth-based uranium company Extract Resources Ltd has entered into a merger agreement with London-listed Kalahari Minerals Ltd in a scrip deal worth over $210 million.

Portman ponders Golden West stake

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.

Tiger copper project to cost $72m

A $72 million price tag has been placed on the development of Perth-based Tiger Resources Ltd's African copper project with payback for operation pegged at one-and-a-half years.

Avoca, Moly Mines join S&P/ASX indices

It may have been a tough past six months for the resource sector but not so according to Standard & Poor's as changes to its S&P/ASX indices reveal a majority of inclusions being resource stocks.

Ausdrill attacks Macmahon's share price

Ausdrill Ltd has today attacked its hostile suitor's share price as it continued to uphold its rejection of the takeover bid by Macmahon Holdings Ltd.

Fox hires Newexco to boost exploration

In a bid to bolster exploration after winding down its Western Australian mining operations in July, Fox Resources Ltd has hired Newexco Services Pty Ltd to undertake base metals exploration.

Apollo Minerals signs native title deal

West Perth-based Apollo Minerals Ltd has signed a native title agreement with the Ngarluma People, traditional owners of the land where the company's Mt Oscar iron ore project is located.

Bateman secures Poseidon contract

Bateman Engineering has continued its expansion into Western Australia, signing a deal with Poseidon Nickel Ltd to undertake pre-feasibility work at the Windarra nickel project.

Emerson order book boosted to $46m

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.

Brierty set for $40m earthworks project

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.

Ezenet looks into coal acquisitions

The skyrocketing popularity of bulk commodity coal has Nedlands-based internet technology developer Ezenet Ltd taking a closer look at coal tenements in Malawi.

Macmahon boost for Ausdrill takeover

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.

Globe Metals 'extremely positive'

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.

Buru Energy hits back at Oil Basins

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.