Mozambique-focused Metals of Africa has made a successful debut on the Australian Securities Exchange, its shares closing 3 cents above their issue price after their first day of trade.
The state government is pressing ahead with plans for a gas pipeline to Albany, despite the project losing its largest potential customer and facing projected operating losses.
Engineering and construction contractor VDM Group has become the latest in a lengthening list of resources-related firms to revise its profit guidance and cut jobs this month, with more than 40 full-t
Matrix Composites & Engineering has announced it has cut 46 jobs in manufacturing and administration this month as part of a wide-ranging strategy to slash costs.
Noble Minerals Resources has labelled an unsolicited offer from Resolute Mining as inferior, uncertain and unequitable and held firm on its preference for Chinese investment.
Gold miner Resolute Mining has acquired a 20 per cent stake in Noble Mineral Resources, while at the same time making an $85 million financing proposal designed to trump a similar offer from China’s Z
Indian company Lanco Infratech has released details of the planned expansion of its Griffin Coal business, in which it will invest an estimated $1.2 billion to underpin annual exports of 12 million to
Mineral Commodities has announced plans to raise $14.5 million through a placement a, to fund the development of its Tormin mineral sands project on the west coast of South Africa.
Engineering and construction contractor Forge Group has outlined a new divisional structure to support a planned diversification of its business into the process infrastructure and oil & gas secto
Leighton Contractors has won a $126 million engineering and construction deal for Inpex’s $US34 billion Ichthys natural gas processing facility in Darwin.
Phoenix Gold has raised $20 million through a share placement, to accelerate drilling programs at its gold projects in the Goldfields over the next 12 to 15 months.
West Perth based nickel explorer ENK will officially delist from the Australian Stock Exchange today after being taken over by Filipino resources and construction giant DMCI Holdings.
