Erongo Energy announced today that it would acquire the unlisted company Ninghan Exploration and appoint ex-Perseus Mining Managing Director, Mark Calderwood, to its board.
Perseus Mining shares have tanked in early trade after the miner said late yesterday that production from its Ghanaian gold operations would come in below its forecasts.
The outlook for Aquila Resources' Queensland coal project appears gloomy with the company admitting it has revised its work plan and reduced the workforce.
Scotland-based energy technology company Proserv has acquired specialist subsea engineering business Velocious, which was established in Perth seven years ago.
Leighton Contractors has secured a $1.3 billion deal with Fortescue Metals Group for work at the Kings iron ore deposit, adding to a $1.5 billion deal Leighton signed last year at the neighbouring Fir
The lack-lustre equity market has resulted in International Goldfields failing to sell off its only Australian asset and settling for a farm-in agreement.
Continuing weakness in commodity markets and a failure to pay staff adequate superannuation will combine to take a $5 million chunk out of Matrix Composites & Engineering’s expected earnings for t
Troy Resources has extended its $188 million takeover offer for Azimuth Resources by two weeks, after failing to secure enough acceptances from existing shareholders to close the bid.
Arafura Resources has formally cancelled an agreement to purchase an industrial site in Whyalla, South Australia as part of its cost-savings initiatives.
The parent company of Perth business Arccon has been placed into administration, just six days after veteran engineer Robert Wilde was elected as chairman.
Rialto Energy is seeking to raise up to $21 million to fund exploration and development work at its oil and gas acreage off the coast of Cote d’Ivoire.
Forge Group’s newly acquired US-based subsidiary Taggart Global has been named preferred contractor for a $US221 million engineering and construction contract at the Vista coal project in Alberta, Can
Shares in mining equipment supplier Emeco Holdings have fallen sharply today to a four-and-a-half year low after the company downgraded its profit forecast for the second time in two months.
When the Varanus Island gas explosion occurred in 2008, wiping out a third of Western Australia’s gas supplies and causing $3 billion in damage to the state’s economy, securing an alternative energy s
