Minerals exploration company Wolf Minerals has raised $4 million for completion of a bankable feasability study on its Hemerdon Ball tungsten and tin project in England.
The momentum in the state's oil and gas sector continued today with construction officially starting on Apache Energy's Devil Creek domestic gas plant near Karratha.
Adelaide-based Toro Energy has raised $40 million to advance its Wiluna uranium project in Western Australia, with first production anticipated in 2012.
The state's corruption watchdog has cleared former Labor MP John Bowler of misconduct in relation to disclosing information to lobbyist Julian Grill about Fortescue Metals Group's railway line application.
Engineering construction activity in Western Australia is tipped to slump 20 per cent over the next two years, above that of a national 15 per cent decline, economic forecaster BIS Shrapnel says.
Fortescue Metals Group has settled its third shipping dispute, today agreeing to pay an upfront $6.1 million to a Greek shipping company which had launched a $US130 million lawsuit against the iron ore miner last year.
Chevron has secured three new offtake deals for its Gorgon gas project with Japanese and South Korean companies, which Prime Minister Kevin Rudd claims are valued at more than $70 billion.
Paladin Energy says it has received strong institutional support for its $419 million share placement, which will be used to fund acquisitions and expand its Langer Heinrich uranium mine in Namibia.
A petroleum industry body has welcomed federal Resources and Energy Minister Martin Ferguson's plans for an inquiry into an oil spill off the coast of Western Australia.
The economic downturn has not dampened enthusiasm for exploration of the state's oil and gas assets, with expenditure up 33 per cent in the June quarter compared to a year ago.
The world's third largest mining outfit, Rio Tinto has exported its three billionth tonne of iron ore from its Australia operations, an historic moment for the company with deep roots in the Pilbara.
Shares in gold explorer Carrick Gold closed almost 12 per cent higher today after the company announced the start of pre-feasability studies at it's three open-pit mines north east of Kalgoorlie.
West Perth-based uranium explorer Energy Metals has recommended a proportional takeover bid by a Chinese firm, which will underwrite an $11.7 million rights issue.
The mining union has warned that WA's resources sector is not ready for the overhaul of the state's mine safety system and has called on the Barnett government to establish a steering committee.
Two Perth-based companies are a step closer to mining their gold projects in the Goldfields after receiving necessary government approvals from the state government.
Atlas Iron is on track to achieve an annual production rate of 12 million tonnes after it signed a native title agreement over its $9.5 million Wodgina iron ore mine in the Pilbara.
Western Australia has again retained the title of being one of the least desirable mining jurisdictions in Australia with inefficient exploration and mining approvals processes at the centre of the state's poor performance, a worldwide survey has found.
