Barra Resources has offloaded its Birthday Gift underground mine near Coolgardie to privately-held Kalgoorlie-based mining firm Blue Tiger Mining, for $2 million in cash plus royalties on gold produce
Resources analysis equipment and chemicals manufacturer XRF Scientific is pushing forward with its acquisition ambitions after recording a 7 per cent lift in profit despite slowing resources industry
Mount Gibson Iron says it is targeting higher sales volumes over the next financial year, but a record revenue result was not able to halt a dip in profit due to challenging conditions in the iron ore
South African miner Gold Fields will splash $US300 million purchasing Barrick Gold’s Granny Smith, Lawlers and Darlot gold mines in the Yilgarn region, near Southern Cross, and plans to integrate the
West African Resources has raised $3 million to fast-track the development of a processing plant and exploration at its Moktedu gold project in Burkina Faso.
Mining contractor NRW Holdings’ profits have taken a hit from the downturn in resources spending, but the company maintains its outlook over the short to medium-term remains positive.
Power generator Pacific Energy has reported record earnings for FY2013 but revised down its earnings guidance for the current financial year after being hit by project closures and the general slowdow
RCR Tomlinson and GR Engineering have reported contrasting fortunes in the resources engineering sector, with RCR booking a record profit result and GR’s earnings slipping due to tightening market conditions.
Canadian resources giant Teck has exercised its right to earn an additional interest in Rox Resources’ Reward zinc project and will spend an additional $10 million on exploring the tenements.
Cleveland Mining Company has announced former Fortescue Metals Group director Russell Scrimshaw as its new chairman, while Iluka Resources has appointed former Murchison Metals managing director Greg
Clough has confirmed it achieved a record profit in the 2013 financial year, with the result meeting guidance the engineering and project services group released in June.
Contracting group Brierty's shares have jumped after it booked a record net profit for financial year 2013, a result it says was driven by its diversity of operations.
Woodside has outlined plans to develop three floating LNG projects off the Kimberley coast, with each likely to be similar in scale to Shell’s $12 billion Prelude development.
Macmahon Holdings says it is better placed to manage challenging market conditions, despite lodging a net loss of $29.5 million for the 2013 financial year, a result driven down by the sale of the min
