Modun Resources stocks rose today after the Perth-based coal explorer announced a maiden 489 million tonne JORC-compliant resource at its flagship Nuurst coal project in Mongolia.
Clough announced today it anticipates underlying earnings for the current half year will be lower than analysts expectations, following cost overruns and lowered margins.
Zeta Petroleum has announced its intention to list on the ASX by the end of first quarter next year, after it closed its pre-IPO placement oversubscribed.
The Chamber of Minerals and Energy has welcomed new state government policy for the rating of land for resources projects, saying the move delivers fairness and certainty for local governments and ind
Aspire Mining has signed an agreement with Hong Kong-based commodities trading house Noble Group to assist with the development of the Ovoot coking coal project in Mongolia.
Pancontintental Oil and Gas has announced a $15 million capital raising to fund exploration programs over its oil licences off the coast of Kenya and Namibia.
Perth-based minerals explorer Wolf Minerals has listed on the Alternative Investment Market of the London Stock Exchange.
The move saw the company share price rise over seven per cent on the ASX.
Latin Resources shares have rocketed after the company announced China-backed Junefield Holdings had taken a 16.8 per cent stake in the company after executing two agreements worth a combined $52 mill
Perth-based coal miner Kangaroo Resources has signed a 5-year, $US270 million mining services contract with contractor PT Putra Perkasa Abadi for its Mamahak coal project in Indonesia.
State utilities Verve Energy and Synergy have signed domestic supply contracts with Chevron that will shore up Western Australia’s gas supply for the next 20 years.
Perth-based energy and utilities contractor CTEC has been awarded an engineering, procurement and construction contract for Hamersley Iron’s West Angelas power station project in the Pilbara.
Perth-based oil junior Pura Vida has announced plans to raise $4 million and list on the Australian Securities Exchange to fund exploration off the coast of Morocco.
Gold explorer Alchemy Resources has elected a new board of directors headed by former Independence Group director Oscar Aamodt, after the previous board resigned en masse on Friday.
The Australian Petroleum Production and Exploration Association has elected Santos’ David Knox as chairman and Woodside Energy’s Rob Cole as vice chairman for the coming financial year.
Malaga’s Hertel Modern has won a three-year, $90 million contract to provide paint, insulation and fireproofing services on Chevron’s Gorgon liquefied natural gas development.
Engineering company Norfolk Group has signed an $82 million contract with BHP Billiton for work on rail signalling systems in the Pilbara region of Western Australia.