Mining

Subiaco-based explorer Anova Metals says it has received commitments for a $1.69 million capital raising to fund drilling and permitting programs at its Big Springs project in Nevada.

Western Australian Environment Minister Albert Jacob has granted Northern Minerals approval of its proposed Browns Range rare earths project near Halls Creek.

Newcrest Mining's NSW gold project is helping it keep on top of costs as it works to turn around its fortunes.

Gold prices have advanced as declines in the dollar and Treasury yields bolster the precious metal's appeal as a haven.

Oil prices have dipped on concerns about high supplies and more signs from key Middle Eastern producers that OPEC has no plans to cut crude output.

Subiaco-based graphite player Kibaran Resources has achieved some preliminary success in developing a process to convert the carbon-based mineral into graphene.

Iron ore production shows no sign of slowing, but getting the ore on the water may be more problematic.

Three senior Western Australian mining executives have been named among 16 recipients of Chief Executive Women’s $250,000 scholarship program.

Two Chinese companies suing federal MP Clive Palmer have a genuine dispute against him, a judge says.

Shares in Perth-based gold explorer Talisman Mining have surged more than 70 per cent after the company announced it had entered into a binding agreement for Swiss-based Glencore’s Sinclair nickel project in the Goldfields for $10 million.

Shares in mining services business Ausdrill have slumped to a five-year low after its second profit warning in just two months.

Gold prices have fallen as a relief rally in US equities saps investor appetite for haven assets like precious metals.

Fremantle-based Mermaid Marine Australia will seek to change its name at the company’s AGM next month, following acquisition of all Singaporean listed Jaya Holdings’ subsidiaries in June.

Woodside Petroleum has donated $1 million to the Harry Perkins Institute of Medical Research, while 100 Woodside employees have raised almost $280,000 more through the Ride to Conquer Cancer.

Former copper and gold explorer Quintessential Resources has moved another step towards its scrip takeover of technology incubation company Yonder and Beyond with the appointment of Y&B chief executive Shashi Fernando as a non-executive director.

Nickel miner Western Areas has had a slight share price uplift on the release of its September quarter results and annual report.Its shares closed today at $4.34, up 2.8 per cent.

PYBAR Mining Services is positioning itself to take on the two dominant contractors in underground mining, after making two acquisitions in Western Australia and being named as preferred contractor for a new mine.

Oil and gas producer Santos has lifted production nine per cent to its highest level in seven years, thanks to the ramp-up of the massive PNG LNG project.

Fortescue Metals Group chief executive Nev Power has criticised what he calls "last man standing" expansion strategies by the major iron ore producers in the Pilbara while defending FMG's own expansion strategy.

Colin Barnett has promised not to increase iron ore royalty rates amid an awkward stoush with the world's biggest miners.

Santos has called on the state government to provide more certainty on its domestic gas reservation and offsets policies, to encourage new investment in ‘domgas’ supplies.

Mining giant BHP Billiton has caved in to shareholder demands to list its yet-to-be-named $US15 billion spin-off in London.

Oil prices in New York have rebounded after briefly slipping below $US80 a barrel, as a mixed US crude inventory report spurred a rally.

Prices for gold and other precious metals have fallen, as a sell-off in equity markets pushes nervous investors into the US dollar amid global growth concerns.

Kingsgate Consolidated announced today that chief executive Geoff Day and chief financial officer Austen Perrin have both left the company, just months after joining the gold miner.

Sandalwood producer TFS Corporation has appointed Gooding Partners founder Dalton Gooding as an independent non-executive director, effective immediately.

Fortescue Metals Group's chief executive says the cost of iron ore will stay low until high-cost producers leave the market, and that was happening more slowly than expected.

Iluka Resources says it plans to re-start a Western Australian mine due to what it says is an improving mineral sands market.

Woodside Petroleum has increased its full-year production guidance after a better-than-expected September quarter.

Oil prices have dropped again on rising fears that slowing economic growth will hit petroleum demand and further glut the market.

Gold prices have surged to a one-month high as jitters over the health of the global economy and steep losses in equities brought investors back into the arms of the haven asset.

Kasbah Resources has completed its $8.3 million rights issue to fund the company’s Achmmach tin project in Morocco.