Shares in Mirabela Nickel have climbed higher after the company announced it has completed a $140 million capital raising in Canada with funds to be applied to its Brazil project and repayment of debt.
Junior iron ore producer Atlas Iron has signed the last of its available iron ore into a long-term offtake agreement with an unidentified Chinese steel mill.
PEAK industry figures have cautiously welcomed state and federal government initiatives to soften the impact of the economic downturn on business, including the announcement of cuts to skilled migration.
The Western Australian Trade Opportunities Service is operated by the International Trade Centre of the Chamber of Commerce and Industry of Western Australia.
The resources sector in Australia and New Zealand may now be exposed to higher levels of fraudulent incidents involving the theft of funds and physical assets, according to a KPMG survey.
Sinosteel Corporation's plans to mine old iron ore stockpiles at Koolanooka in the Mid West have been put on hold because low commodity prices have made the project uncommercial.
West Perth-based miner Kagara has revised down its annual zinc production target as it restarts trucking operations after heavy rainfalls in Queensland.
The state's Court of Appeal has overturned a Supreme Court ruling that two years ago found against Jubilee Mines and awarded $1.86 million to former managing director Kim Riley.
Anvil Mining has revealed that its remaining employees and board members have taken a 20 per cent pay cut as the company books a full-year net loss of $US138.5 million ($A209 million).
The state's corruption watchdog has found there was no evidence that lobbyist John Halden received leaks of confidential cabinet information, despite conflicting media reports.
Perth-based Straits Resources has reiterated it may not be able to sell its 47 per cent holding in subsidiary Straits Asia Resources as talks continue.
Nexus Energy has placed its Crux oil project on hold and extended a voluntary suspension of its shares as the company seeks funding after an asset sale process fell through.
