Mining

Central Petroleum has increased its stake in a lightly-explored but highly prospective shale gas play, while at the same time announcing plans to sell off its coal assets for $1.8 million.

Hundreds of jobs at Shell's Geelong refinery face the axe if the company can't find a buyer to keep the plant open, a union says.

Uranium concentrate from a new Western Australian mine will likely be shipped through two other states.

A rout across precious metals markets on Wednesday pushed gold futures to a nine-month low and left platinum at its lowest price so far this year.

Sundance Resources is likely to end its takeover talks with Hanlong Mining and look for another Chinese suitor.

Woodside Petroleum's $40 billion Browse gas project could be delayed by up to a decade if it does not come to a final investment decision by June.

Prime Minister Julia Gillard is not worried about the latest mining industry campaign against government tax plans.

The head of Australian oil and gas producer Santos has rejected claims one of its major Queensland coal seam gas projects wasn't subjected to a rigorous approval process.

Revenue from the federal government's controversial mining tax is likely to remain modest unless there is a sizeable spike in coal and iron ore prices.

ExxonMobil has submitted plans for a large floating LNG project in Western Australia's Scarborough gas field that it hopes to exploit with BHP Billiton.

TORO Energy has secured long-awaited federal environmental approval for its flagship Wiluna uranium mine, the first of its kind in Western Australia.

Navigator Resources’ struggle to raise funds has ended for the worse with administrators called in and about 200 workers being laid off.

Toro Energy has been granted long-awaited federal government approval for its flagship Wiluna uranium mine, the first of its kind in Western Australia.

The Australian Greens are calling for all coal seam gas projects to be put on hold until their environmental impacts are better known, following revelations about shortfalls in the approval process

BlueScope Steel and the world's second-largest steelmaker have begun their $1.31 billion joint venture in coated products.

News of Brazil-focused miner Crusader Resources achieving its first iron ore sales has excited the market with its share price jumping more than 16 per cent today.

Shares in Linc Energy fell more than 12 per cent after the company announced it has raised $200 million through a convertible bond issue.

Aleator Energy has secured a $US20 million loan to fund exploration at its Povorotnoye gas and condensate development in the Ukraine.

Beadell Resources has launched a $25 million capital raising to pay off outstanding invoices for its Tucano gold processing facility in Brazil and boost working capital.

Torque Mining has pulled its initial public offering off the table after it failed to meet the minimum subscription threshold of $3 million.

The mining company formerly known as Magellan Metals has been cleared by the state environmental regulator to resume the export of lead carbonate from the Port of Fremantle, subject to a strict set

WHL Energy has attracted the interest of a global energy giant to explore a potential farm-in agreement covering the company’s Seychelles oil and gas assets.

Crusader Resources has secured a $20 million debt finance facility with Macquarie Bank which will fund the development of its Brazilian projects - the Borborema gold project and Posse iron ore deve

Avalon Minerals has appointed a new chairman to lead the company’s development of its northern Sweden minerals tenements, particularly its Viscaria copper project.

Shares in takeover target Norfolk Group were up strongly today after bad news on a contract termination was outweighed by the disclosure that its takeover price could be nearly twice the 38 cents p

Engineering and property services provider UGL is reviewing its corporate structure now that the property business generates nearly 50 per cent of group earnings.

New resources minister Gary Gray has ruled out any changes to federal Labor's controversial mining tax.

Doray Minerals says the mine life at its Andy Well gold operation can be extended following the unveiling of the maiden resource for the Judy Lode deposit.

Petrol could be up to three cents a litre cheaper in the next few weeks, an economist says.

The West Australian government should open up competition in the electricity market for small customers and let providers decide whether it's financially viable, the Economic Regulation Authority (

Australia's energy players are looking at offshore gas processing to ensure resources such as the Browse and Scarborough fields are exploited in the near future.

Wesfarmers’ Kleenheat Gas has entered the domestic natural gas market, offering a discount to win customers from former monopoly market holder, Alinta.